NOT LISTED FOR SALE

2575 S Kihei Rd Unit T105 Kihei, HI 96753

Estimated Value: $686,000 - $696,000

1 Bed
2 Baths
650 Sq Ft
8.6 Acres

Last Sold August 29, 2014

Last sale price $365,000 $562 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $4,486/month

139 Days on Market

Highlights

  • In Ground Pool
  • Solar Power System
  • Lanai
  • Property is near an ocean
  • 8.6 Acre Lot
  • Furnished

About This Home

As of August 2014

Directly across the street is beautiful sandy Kamaole Beach II for swimming, snorkeling, stand up paddling or any beach activities, Very short walk to restaurant & shopping. Easily enter T-105 with NO STEPS from the East end door of T-building, just steps to the 2nd pool, spa & BBQ area. Enjoy this peaceful, tropical condo with private balcony that is raised and railed off with glass ( Lanai not ground level). New appliances & furnishings with King size bed and sofa bed comfortably sleeps four in this pristine popular vacation condo. One of the few 1 bed condos having Two FULL Baths, so you quests won’t have to use yours. Complex is concrete & steel construction, extremely well managed and maintained by AOAO staff, also has a solid reserve fund. Parking stall # 357 goes with unit, Maui Banyan has over 90 extra parking stalls. Photovoltaic for common areas installed 2013, parking garage also resurfaced 2013. Maintenance fee includes: water, sewer, trash, insurance, Oceanic Cable TV &Wi-Fi internet, security patrol, AOAO crew and upkeep of complex. Seller’s to do a 1031 Exchange to defer Taxes, with no added cost or impact to buyers. This unit is furnished, move in ready." Call your realtor to see this unit.

Last Agent to Sell the Property

Marilyn Steinmetz

AOK Properties LLC License #RS-63074 Listed on: 02/10/2014

Last Buyer's Agent

Lawrence Carnicelli

Hale Anuenue Realty LLC License #RB-18787

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,400

Year Built

  • Built in 1991

Lot Details

  • 8.6

Home Design

  • Slab Foundation
  • Steel Frame
  • Asphalt Shingled Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 650 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Tile Flooring
  • Property Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Home Security

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • In Ground Pool
  • Property is near an ocean
  • Lanai
  • Outdoor Grill

Schools

  • Kamalii Elementary School
  • Lokelani Intermediate
  • Maui High School

Utilities

  • No Heating
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2390040050233

Community Details

Overview

  • Maui Banyan Community
  • Maui Banyan Subdivision

Security

  • Security Guard
  • Fire and Smoke Detector

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,400

Year Built

Built in 1991

Lot Details

0

Listing Details

  • View: Other
  • Year Built: 1991
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • PoolFeatures: In Ground
  • SecurityFeatures: Smoke/Heat Detector, Security Guard
  • Subdivision Name: Maui Banyan
  • Accessibility Features: Walk-in Shower
  • Carport Y N: No
  • Fireplace: No
  • Garage Yn: No
  • Interior Features: Ceiling Fan(s), Furnished, Inventory, TV Cable
  • LivingArea: 650
  • Green Power: Solar
  • Roof: Asphalt/Comp Shingle
  • WindowFeatures: Drapes
  • Tax Parcel Letter: B
  • Tax Year: 2013
  • Master Plan Zoning: H-2
  • Financial Info Electric: Underground
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 1

Exterior Features

  • Acres: 8.6
  • View: Yes
  • Waterfront Features: Across Street from Ocean
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Concrete, Steel Frame
  • Exterior Features: Tennis Court(s), Barbecue
  • Foundation Details: Concrete Slab
  • Patio And Porch Features: Covered Lanai/Deck

Utilities

  • Sewer: Public Sewer
  • HeatingYN: No
  • Utilities: Phone Connected, Cable Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Schools

  • Elementary School: Kamalii Elementary
  • High School: Maui High
  • Middle Or Junior School: Lokelani Intermediate

Lot Info

  • Lot Size Sq Ft: 374616
  • ResoLotSizeUnits: Acres
  • Parcel #: 2390040050233
  • Zoning Description: Hotel District
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Short Term Lease

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2014
Closed on
Aug 16, 2014
Sold by
Stellby Kent and Stellby Kristin K
Bought by
Letofsky Morton Hirsch and Letofsky Deborah Ussery
Seller's Agent
Marilyn Steinmetz
AOK Properties LLC
Buyer's Agent
Lawrence Carnicelli
Hale Anuenue Realty LLC
List Price
$389,500
Sold Price
$365,000
Premium/Discount to List
-$24,500
-6.29%
Current Estimated Value
$690,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,308
Avg. Annual Appreciation
5.93%
Original Mortgage
$273,750
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2005
Sold by
Stellby Kent and Stelby Kristin
Bought by
Stellby Kent and Stellby Kristin K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
5.74%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 2, 2005
Sold by
Stellby Kent and Stellby Kristin K
Bought by
Stellby Kent and Stellby Kristin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
5.74%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 22, 2002
Sold by
Quadra Matix Solutions Corp
Bought by
Stellby Kent and Stellby Kristin K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
7.17%

Purchase Details

Closed on
Dec 3, 1999
Sold by
Schmidt Klaus Wilhelm
Bought by
Quadra Matix Solutions Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,900
Interest Rate
8.75%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Letofsky Morton Hirsch $365,000 Or
Stellby Kent $1,000 --
Stellby Kent -- --
Stellby Kent $186,000 --
Quadra Matix Solutions Corp $147,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Letofsky Morton Hirsch $273,750
Previous Owner Stellby Kent $67,500
Previous Owner Stellby Kent $59,000
Previous Owner Quadra Matix Solutions Corp $102,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2014 08/29/14 Sold $365,000 -6.3% $562 / Sq Ft
06/30/2014 06/30/14 Pending -- -- --
02/10/2014 02/10/14 For Sale $389,500 -- $599 / 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 $10,076 $782,900 $90,200 $692,700
2024 $10,076 $806,100 $90,200 $715,900
2023 $6,215 $716,800 $90,200 $626,600
2022 $6,215 $524,500 $28,700 $495,800
2021 $5,636 $507,300 $25,500 $481,800
2020 $5,474 $494,000 $25,500 $468,500
2019 $4,489 $417,600 $23,300 $394,300
2018 $3,768 $406,000 $21,200 $384,800
2017 $3,934 $0 $0 $0
2016 $3,670 $421,300 $20,200 $401,100
2015 $2,362 $385,800 $20,200 $365,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 359440

Maui MLS (REALTORS® Association of Maui)

APN: 2-3-9-004-005-0233