NOT LISTED FOR SALE

2575 S Kihei Rd Unit T202 Kihei, HI 96753

Estimated Value: $1,080,000 - $1,134,000

2 Beds
2 Baths
374,616 Sq Ft
8.6 Acres

Last Sold September 14, 2016

Last sale price $488,000 $1 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $7,065/month

52 Days on Market

Highlights

  • In Ground Pool
  • 8.6 Acre Lot
  • Security Guard
  • Property is near an ocean
  • Garden View
  • Outdoor Grill

About This Home

As of September 2016

Nestled in a quiet, peaceful location in Maui Banyan, this second floor two bedroom, two bath unit is the perfect spot to relax on Maui. The flexible floorplan has two entry doors with a lock off option; each side can be rented separately or as a 2 bedroom suite. Maui Banyan amenities include two pools with spas, BBQ areas, tennis court and parking garage. These is also an open parking area across from this building for easy access and guests. This is a pet friendly complex across the street from one of Maui's finest beaches "Kamaole II", and within walking distance to shopping and restaurants.

Last Agent to Sell the Property

Gerrianne Sakamoto

Equity One Real Estate Inc (M) License #RS-41194 Listed on: 06/24/2016

Co-Listed By

Guida Anderson

Equity One Real Estate Inc (M) License #RB-17740

Last Buyer's Agent

Josh Jerman

Hawaii Life (W) License #RB-19728

Hawaii Life (W)

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1991

Lot Details

  • 8.6

Property Views

  • Garden Views

Home Design

  • Entry on the 2nd floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Property is near an ocean
  • Outdoor Grill

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Community Details

Pet Policy

  • Pets Allowed

Recreation

  • Tennis Courts

Additional Features

  • Maui Banyan Community
  • Security Guard

Property Details

Home Type

Condominium

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Class: Condominium
  • District: Kihei
  • Other Features: Tennis Court, Bar-B-Que, Security Guard, Spa/Hot Tub
  • Type: Condo
  • View: Garden View
  • Unit: T 202
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

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

Exterior Features

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

Utilities

  • Sewer: Sewer County
  • Utilities To Site: County Water, Underground Electricity, Telephone, Tv Cable

Condo/Co-op/Association

  • Complex Name: Maui Banyan
  • Monthly Maintenance Fee: 718.21

Lot Info

  • County Zoning: H-2 Hotel District
  • Land Acres: 8.6
  • Land Sq Ft: 374616
  • State Zoning: Urban

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes Per Month: 327.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2016
Closed on
Sep 2, 2016
Sold by
Okawa Masayuki and Okawa Megumi
Bought by
Fulton Laura Lynn
Seller's Agent
Gerrianne Sakamoto
Equity One Real Estate Inc (M)
Buyer's Agent
Josh Jerman
Hawaii Life (W)
List Price
$520,000
Sold Price
$488,000
Premium/Discount to List
-$32,000
-6.15%
Current Estimated Value
$1,107,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$619,840
Avg. Annual Appreciation
9.26%

Purchase Details

Closed on
Mar 5, 2005
Sold by
Staben William P and Staben Frances S
Bought by
Okawa Masayuki and Okawa Megumi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.61%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 2, 2004
Sold by
Siu Audrey Yuk Ngan and Siu Cyrus D Y
Bought by
Staben William P and Staben Frances S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Fulton Laura Lynn $488,000 Tg
Okawa Masayuki $470,000 --
Staben William P $410,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Okawa Masayuki $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2016 09/14/16 Sold $488,000 -6.2% $1 / Sq Ft
08/15/2016 08/15/16 Pending -- -- --
06/24/2016 06/24/16 For Sale $520,000 -- $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 $14,918 $1,257,200 $132,700 $1,124,500
2024 $14,918 $1,179,100 $132,700 $1,046,400
2023 $10,415 $878,900 $132,700 $746,200
2022 $7,751 $654,100 $42,100 $612,000
2021 $6,839 $615,600 $37,500 $578,100
2020 $6,188 $558,500 $37,500 $521,000
2019 $5,569 $518,000 $34,300 $483,700
2018 $4,105 $442,400 $31,200 $411,200
2017 $4,406 $0 $0 $0
2016 $4,156 $477,200 $29,700 $447,500
2015 $3,220 $444,200 $29,700 $414,500
Source: Public Records

Agents Affiliated with this Home

  • Gerrianne Sakamoto

    Seller's Agent in 2016

    Gerrianne Sakamoto

    Equity One Real Estate Inc (M)

    (808) 870-0411

    11 Total Sales

    Gerrianne Sakamoto
    Section Image

  • G

    Seller Co-Listing Agent in 2016

    Guida Anderson

    Equity One Real Estate Inc (M)

    Section Image
  • Josh Jerman

    Buyer's Agent in 2016

    Josh Jerman

    Hawaii Life (W)

    (800) 677-5028

    66 in this area

    227 Total Sales

    Josh Jerman
    Section Image
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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 369996

Maui MLS (REALTORS® Association of Maui)

APN: 2-3-9-004-005-0240

Hawaii Maui County Kihei 96753

2575 S Kihei Rd Unit T202, Kihei, HI

Not Listed for Sale

Condos

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