NOT LISTED FOR SALE

2724 Palalani Place Unit 1B Makawao, HI 96768

Estimated Value: $1,204,715 - $1,484,000

3 Beds
2 Baths
1,835 Sq Ft
$730/Sq Ft Est. Value

Last Sold August 14, 2014

Last sale price $675,000 $368 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $7,705/month

Highlights

  • Solar Power System
  • Wood Flooring
  • Solar Water Heater
  • Golf Course View
  • Lanai
  • 1-Story Property

About This Home

As of August 2014

Sold prior to listing.

Last Agent to Sell the Property

Vincent Palmieri

Island Sotheby's Int'l Rlty(M) License #RB-17544 Listed on: 12/30/2013

Last Buyer's Agent

Deborah Davis

Fred Haywood Realty License #RB-19844

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $841

Year Built

  • Built in 1996 | Remodeled

Lot Details

  • 7,536 Sq Ft Lot
  • Property fronts a county road
  • Fenced
  • Level Lot
  • Sprinkler System
  • Property is zoned R-2

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Corrugated Roof
  • Double Stud Wall

Interior Spaces

  • 1,835 Sq Ft Home
  • 1-Story Property
  • Shelving
  • Ceiling Fan
  • Blinds
  • Entryway
  • Golf Course Views
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Solar Power System
  • Solar owned by seller
  • Solar Water Heater

Outdoor Features

  • Lanai

Schools

  • Makawao Elementary School
  • Samuel E Kalama Intermediate
  • King Kekaulike High School

Utilities

  • No Heating
  • Underground Utilities
  • Private Sewer
  • Cable TV Available

Community Details

  • Lani Iki Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2230650020000

Home Details

Home Type

Single Family

Est. Annual Taxes

$841

Year Built

Built in 1996 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • View: Golf Course
  • Year Built: 1996
  • Property Sub Type: Single Family w/Att Ohana
  • Prop. Type: Residential
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • SecurityFeatures: Smoke/Heat Detector
  • Subdivision Name: Lani Iki Ridge
  • Fireplace: No
  • Garage Yn: Yes
  • Interior Features: Book Shelves, Ceiling Fan(s), TV Cable, Remodeled, Entry, Ceiling Fan
  • Unit Levels: One
  • LivingArea: 1835
  • Green Power: Solar
  • Roof: Corrugated Steel, Asphalt/Comp Shingle
  • WindowFeatures: Blinds
  • Tax Year: 2013
  • Master Plan Zoning: R-2
  • Financial Info Electric: Photovoltaics Seller Owned, Underground
  • Special Features: None

Interior Features

  • Flooring: Carpet, Wood, Tile, Vinyl
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Solar Hot Water, Washer, Solar Water Heating
  • Total Bedrooms: 3
  • Master Bedroom Master Bedroom Level: Ground

Exterior Features

  • Fencing: Wall/Fence
  • Acres: 0.173
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Property Disc Statement
  • Home Warranty: No
  • Construction Type: Wood, Double Wall, Wood Frame
  • Exterior Features: Lawn Sprinkler
  • Foundation Details: Concrete Slab
  • Patio And Porch Features: Uncovered Lanai/Deck

Garage/Parking

  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Garage, Garage Door Opener

Utilities

  • Heating: Solar Water Heating
  • Sewer: Private Sewer
  • HeatingYN: No
  • Utilities: Phone Connected, Cable Connected
  • Water Source: County Water Meter Ins

Schools

  • Elementary School: Makawao Elementary
  • High School: King Kekaulike High
  • Middle Or Junior School: Samuel E Kalama Intermediate

Lot Info

  • Topography: Level
  • Lot Size Sq Ft: 7536
  • ResoLotSizeUnits: Acres
  • Parcel #: 2230650020000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 840.72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2013
Closed on
Jun 27, 2014
Sold by
Peterson Frederick C
Bought by
The Maui Integrated Solutions Llc
Seller's Agent
Vincent Palmieri
Island Sotheby's Int'l Rlty(M)
Buyer's Agent
Deborah Davis
Fred Haywood Realty
List Price
$675,000
Sold Price
$675,000
Current Estimated Value
$1,338,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$663,679
Avg. Annual Appreciation
6.74%

Purchase Details

Closed on
Jul 24, 2003
Sold by
Peterson Frederick C and Peterson Julie Deroos
Bought by
Peterson Frederick C and Frederick C Peterson Revocable Living Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.15%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 14, 2003
Sold by
Bardin Sheldon Whitney
Bought by
Peterson Frederick C and Peterson Julie Deroos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.15%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 28, 2002
Sold by
Makekau Stanley N B and Makekau Stanley
Bought by
Makekau Jeffery N
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
The Maui Integrated Solutions Llc $675,000 Fntic
Peterson Frederick C -- Fidelity National Title Ins
Peterson Frederick C $395,000 Fidelity National Title Ins
Makekau Jeffery N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peterson Frederick C $650,000
Previous Owner Peterson Frederick C $255,000
Previous Owner Peterson Frederick C $150,000
Previous Owner Peterson Frederick C $140,000
Previous Owner Bardin Sheldon Whitney $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2014 08/14/14 Sold $675,000 0.0% $368 / Sq Ft
12/30/2013 12/30/13 Pending -- -- --
12/30/2013 12/30/13 For Sale $675,000 -- $368 / 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 $5,606 $1,024,500 $655,800 $368,700
2024 $5,606 $955,100 $603,000 $352,100
2023 $5,328 $910,800 $557,800 $353,000
2022 $4,214 $720,400 $399,500 $320,900
2021 $3,296 $604,800 $361,800 $243,000
2020 $3,365 $617,500 $369,400 $248,100
2019 $1,510 $572,900 $331,700 $241,200
2018 $3,396 $615,200 $278,900 $336,300
2017 $3,349 $0 $0 $0
2016 $3,001 $566,200 $256,300 $309,900
2015 -- $600,200 $241,200 $359,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 361758

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-3-065-002-0000