$699,000
SOLD AUG 19, 2019

2575 S Kihei Rd Unit P104 Kihei, HI 96753

2 Beds
2 Baths
374,616 Sq Ft
8.6 Acres

Recently Sold

$2 Per Sq Ft

6 Days on Market

Highlights

  • In Ground Pool
  • 8.6 Acre Lot
  • Outdoor Grill
  • Property is near an ocean

About This Home

As of April 2023

Maui Banyan - A South Maui Favorite! Fully remodeled 2 bedroom, 2 bath ground floor unit with “lock off”. This beautifully renovated condo was completed three years ago, and has been a popular vacation rental since. Unit P104 grossed approximately $86,000 in 2018 on Airbnb. Quiet and cool ground floor level allows for very easy access to the beach, pools and parking areas. This Maui get-away has a beautiful tropical setting that is relaxing and enjoyable for all. Maui Banyan offers two pools with spas, BBQ areas, tennis court, a covered parking garage and is walking distance to beach, shops and dining. The “Lock off” feature allows this condo to be used for multiple rental possibilities; can be rented as two units or one. This is a pet friendly complex. Unit being offered furnished. Use as your full time residence, home away from home or a vacation rental. Buyer to honor future bookings. Buyer to cooperate in Seller's 1031 Exchange.

Last Agent to Sell the Property

Melissa Montgomery

Coldwell Banker Island Prop(S) License #RB-23198 Listed on: 06/26/2019

Coldwell Banker Island Prop(S)

Last Buyer's Agent

MaileLani Fontanilla

Real Broker LLC License #RB-19244

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,141

Year Built

  • Built in 1990

Home Design

  • Entry on the 1st floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Property is near an ocean
  • Outdoor Grill

Community Details

Overview

  • Maui Banyan Community

Pet Policy

  • Pets Allowed

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,141

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: Condominium
  • District: Kihei
  • Other Features: Tennis Court, Bar-B-Que, Spa/Hot Tub
  • Type: Condo
  • Unit: P104
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Year Built: 1990
  • Year Renovated: 2016
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Bathrooms: 2
  • Bedrooms: 2
  • Living Area Sq Ft: 900
  • Floor Level: 1

Exterior Features

  • Pool: Yes
  • Waterfront: Across Street From Ocean
  • Pool Type: In-Ground

Utilities

  • Sewer: Sewer County
  • Utilities To Site: County Water

Condo/Co-op/Association

  • Complex Name: Maui Banyan
  • Monthly Maintenance Fee: 645

Lot Info

  • County Zoning: R-2 Residential
  • Land Acres: 8.6
  • Land Sq Ft: 374616

Rental Info

  • Pets Allowed: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2023
Closed on
Mar 17, 2023
Sold by
Lhs Commercial Llc
Bought by
Bryant Hamai And Elnaz Hamai Revocable Living
Seller's Agent
MaileLani Fontanilla
Real Broker LLC
Buyer's Agent
Erin Clapper
REMAX Hawaii Maui
List Price
$1,185,000
Sold Price
$1,185,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.94%
Original Mortgage
$700,000
Outstanding Balance
$682,415
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$589,385

Purchase Details

Listed on
Jun 26, 2019
Closed on
Sep 24, 2019
Sold by
Nguyen Jacqueline Bao Nhu and Nguyen Ninh Dang
Bought by
Lhs Commercial Llc
Seller's Agent
Melissa Montgomery
Coldwell Banker Island Prop(S)
Buyer's Agent
MaileLani Fontanilla
Real Broker LLC
List Price
$698,000
Sold Price
$699,000
Premium/Discount to List
$1,000
0.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.56%
Original Mortgage
$524,250
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 26, 2019
Closed on
Aug 9, 2019
Sold by
2575 South Kihei Road Llc
Bought by
Nguyen Jacqueline Bao Nhu and Nguyen Ninh Dang
Seller's Agent
Melissa Montgomery
Coldwell Banker Island Prop(S)
Buyer's Agent
MaileLani Fontanilla
Real Broker LLC
List Price
$698,000
Sold Price
$699,000
Premium/Discount to List
$1,000
0.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,250
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 7, 2016
Closed on
Dec 29, 2016
Sold by
Surin Properties Llc
Bought by
2575 South Kihei Road Llc
Seller's Agent
Todd Hudson
Keller Williams Realty Maui-Ki
Buyer's Agent
Melissa Montgomery
Coldwell Banker Island Prop(S)
List Price
$649,000
Sold Price
$625,000
Premium/Discount to List
-$24,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.36%

Purchase Details

Listed on
Mar 1, 2016
Closed on
Jul 15, 2016
Sold by
Engineers Investment Company Llc
Bought by
Surin Properties Llc
Seller's Agent
Lori Wash
Coldwell Banker Island Prop(S)
Buyer's Agent
Todd Hudson
Keller Williams Realty Maui-Ki
List Price
$499,000
Sold Price
$420,000
Premium/Discount to List
-$79,000
-15.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
132.97%

Purchase Details

Closed on
Oct 12, 2012
Sold by
Wehmeyer Neil G
Bought by
Engineers Investment Company

Purchase Details

Closed on
Apr 12, 2011
Sold by
Wehmeyer Warren G
Bought by
Wehmeyer Neil G and Sons Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Exchange Deed -- Fidelity National Title
Deed -- None Available
Deed -- Fnt
Deed $625,000 Or
Deed -- Or
Quit Claim Deed $350,000 Accommodation
Interfamily Deed Transfer -- Accommodation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $700,000 New Conventional
Closed $700,000 New Conventional
Previous Owner $524,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2025 06/04/25 For Sale $1,300,000 +9.7% $1,444 / Sq Ft
04/12/2023 04/12/23 Sold $1,185,000 0.0% $3 / Sq Ft
02/23/2023 02/23/23 Pending -- -- --
02/22/2023 02/22/23 For Sale $1,185,000 +69.5% $3 / Sq Ft
08/19/2019 08/19/19 Sold $699,000 +0.1% $2 / Sq Ft
07/02/2019 07/02/19 Pending -- -- --
06/26/2019 06/26/19 For Sale $698,000 +11.7% $2 / Sq Ft
01/06/2017 01/06/17 Sold $625,000 -3.7% $2 / Sq Ft
12/12/2016 12/12/16 Pending -- -- --
11/07/2016 11/07/16 For Sale $649,000 +54.5% $2 / Sq Ft
07/20/2016 07/20/16 Sold $420,000 -15.8% $1 / Sq Ft
06/25/2016 06/25/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $499,000 -- $1 / Sq Ft
Source: Maui MLS (REALTORS® Association of Maui)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,141 $1,321,400 $130,400 $1,191,000
2024 $15,141 $1,195,600 $130,400 $1,065,200
2023 $11,153 $941,200 $130,400 $810,800
2022 $8,338 $703,600 $41,400 $662,200
2021 $8,171 $735,500 $36,800 $698,700
2020 $7,404 $668,200 $36,800 $631,400
2019 $6,912 $643,000 $33,800 $609,200
2018 $5,884 $634,000 $30,700 $603,300
2017 $4,803 $0 $0 $0
2016 $4,818 $553,200 $29,200 $524,000
2015 $3,094 $485,700 $29,200 $456,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 383372

Maui MLS (REALTORS® Association of Maui)

APN: 2-3-9-004-005-0152