NOT LISTED FOR SALE

275 Lanai Ave Lanai City, HI 96763

Estimated Value: $835,000 - $989,455

4 Beds
1.5 Baths
972 Sq Ft
$952/Sq Ft Est. Value

Last Sold November 01, 2021

Last sale price $800,000 $823 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,382/month

14 Days on Market

Highlights

  • Mountain View
  • Plantation Architecture
  • Storage Room
  • Wood Flooring
  • Home Office
  • 1-Story Property

About This Home

As of November 2021

This classic plantation home is situated on approx. 9,800 square feet of land. The large lot is street to street and corner to corner in a great central location. The home faces Lanai Avenue and is walking distance to town square where you will find restaurants, shops and Lanai's great movie theater. Cavendish golf course is also just steps away from the property. 275 Lanai Avenue is move in ready with approximately 972 square feet of living space, and the lot size allows for the addition of a 500 square foot Ohana.

Last Agent to Sell the Property

Gregory Sturm

Island Sotheby's International Realty(L) License #RS-65206 Listed on: 07/27/2021

Island Sotheby's International Realty(L)

Last Buyer's Agent

Gregory Sturm

Island Sotheby's International Realty(L) License #RS-65206 Listed on: 07/27/2021

Island Sotheby's International Realty(L)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,172

Year Built

  • Built in 1935

Lot Details

  • 9,827 Sq Ft Lot
  • Property fronts a county road
  • Property fronts an easement
  • Level Lot

Home Design

  • Plantation Architecture
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 972 Sq Ft Home
  • 1-Story Property
  • Home Office
  • Storage Room
  • Wood Flooring
  • Mountain Views
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1.5 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Private Water Source
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,172

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Ada Enhanced Access: 1 Level
  • Class: Residential
  • District: Lanai
  • Perm To Adv Upcoming1: Yes
  • Perm To Adv Upcoming2: Yes
  • Roads: County, Paved
  • Type: Single Family
  • View: Mountain
  • Year Built House: 1935
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1935

Interior Features

  • Flooring: Wood
  • Additional Rooms: Storage Room, Work Space
  • Bathrooms: 1.5
  • Bedrooms: 4
  • Included: Dryer, Inventory, Range, Refrigerator, Tv Cable, Washing MacHine
  • Living Area Sq Ft: 972
  • Master Bedroom Ground Floor: Yes
  • Price Per Sq Ft: 823.05
  • Total Living Sq Ft: 972

Exterior Features

  • Construction Data: Single Wall, Wood Frame
  • Design And Structure: 1 Story, Plantation
  • Exterior Finish: Wood
  • Roofing: Asphalt/Comp Shingle
  • Substructure: Post And Pier

Utilities

  • Sewer: Sewer County
  • Utilities To Site: Private Water, Tv Cable

Schools

  • Elementary School: Lanai Elementary
  • High School: Lanai High

Lot Info

  • Assessed Improvement Value: 427000
  • Assessed Land Value: 366400
  • Easements: Electricity, Sewer, Telephone, Water
  • General Land Class: Improved Residential
  • Land Acres: 0.2256
  • Land Recorded: Land Court
  • Land Sq Ft: 9827
  • State Zoning: Rural
  • Topography: Level

Tax Info

  • Taxes Per Month: 193.23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2021
Closed on
Oct 4, 2021
Sold by
Knutson James A and Knutson Lisa C
Bought by
Burke Thomas Edmund and Pratt Christine Joy
Seller's Agent
Gregory Sturm
Island Sotheby's International Realty(L)
Buyer's Agent
Gregory Sturm
Island Sotheby's International Realty(L)
List Price
$895,000
Sold Price
$800,000
Premium/Discount to List
-$95,000
-10.61%
Current Estimated Value
$923,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,910
Avg. Annual Appreciation
2.44%

Purchase Details

Closed on
May 16, 2006
Sold by
Hirai Ruth T
Bought by
Knutson James Alan and Knutson Lisa Chang

Purchase Details

Closed on
Oct 28, 2002
Sold by
Makekau Stanley N B and Makekau Stanley
Bought by
Makekau Jeffery N

Purchase Details

Closed on
Feb 6, 2001
Sold by
Hirai Ruth Thom and Hirai Ruth T
Bought by
Hirai Ruth T and Ruth T Hirai Trust
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
Burke Thomas Edmund $800,000 Or
Knutson James Alan $150,000 None Available
Makekau Jeffery N -- --
Hirai Ruth T -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2021 11/01/21 Sold $800,000 -10.6% $823 / Sq Ft
08/10/2021 08/10/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $895,000 -- $921 / 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 $4,172 $776,700 $533,700 $243,000
2024 $4,172 $710,700 $477,900 $232,800
2023 $3,785 $647,000 $414,200 $232,800
2022 $3,425 $585,400 $374,400 $211,000
2021 $2,327 $427,000 $366,400 $60,600
2020 $2,329 $427,400 $366,400 $61,000
2019 $2,314 $413,200 $358,500 $54,700
2018 $2,201 $398,700 $342,500 $56,200
2017 $2,188 $0 $0 $0
2016 $2,168 $409,000 $358,500 $50,500
2015 -- $381,000 $334,600 $46,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 392444

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-9-008-032-0000