NOT LISTED FOR SALE

280 Hauoli St Unit A2 Wailuku, HI 96793

Maalaea Neighborhood

Estimated Value: $477,000 - $599,000

1 Bed
1 Bath
43,996 Sq Ft
1.01 Acres

Last Sold July 01, 2022

Last sale price $500,000 $11 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,359/month

21 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Wood Flooring
  • Ocean View
  • 1.01 Acre Lot
  • Furnished

About This Home

As of July 2022

Welcome home to easy island living, just steps from the Pacific Ocean! The beachfront Hono Kai Resort is located in Ma’alaea Village on the central south coast of Maui and borders the 4.5-mile stretch of Ma’alaea Beach. The resort is ideally located at the end of the village - close enough to the convenient amenities of the harbor, but far enough away to enjoy the natural tranquility of the park. The 46-unit short-term vacation rentable fee simple condominium features an oceanfront pool with a large barbeque and sun lounging area. Per HOA rules pets up to 20 lb are allowed. Owner financing is available for qualified parties. Unit A-2 is a ground floor 1 bed, 1 bath condo that boasts an open floor plan with a wall of windows to bring in plenty of natural light. Modern touches like white cabinetry, wood floors in the kitchen, and a cozy bar nook, make it easy to feel right at home. Mornings are a special time in this east-facing unit, and a sunrise beach walk followed by breakfast on the sunny lanai is a perfect start to the day. A peaceful ocean view patio opens to a beautifully landscaped lawn that is shared only with a handful of neighbors. It really is the best of both worlds - nestled away from the crowds but only steps to the sandy shore! While the resort is vacation rentable, it is also well-suited for residential living and is pet-friendly for dogs up to 20lbs fully grown. Unit A-2 itself has no rental history or future reservations as it has been occupied as a home, and is being sold furnished with exceptions. Call your favorite Realtor today!

Last Agent to Sell the Property

Josef Erlemann

Compass-W License #RS-77630 Listed on: 05/24/2022

Co-Listed By

Vincent Schurtz

Compass-W License #RS-83947

Last Buyer's Agent

Ed Krampitz

Hawaiian Home Seekers R.E. LLC License #RS-84374

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,107

Year Built

  • Built in 1972

Lot Details

  • 1.01

Home Design

  • Slab Foundation
  • Pitched Roof
  • Stucco Exterior
  • Tile

Interior Spaces

  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Chandelier
  • Drapes & Rods
  • Blinds
  • Dining Area
  • Storage Room
  • Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Home Security

Outdoor Features

  • In Ground Pool
  • Outdoor Grill

Schools

  • Wailuku Elementary School
  • Iao Intermediate
  • Henry Perrine Baldwin High School

Utilities

  • Septic Tank
  • Phone Available
  • Cable TV Available

Additional Features

  • Beach Front
  • Flood Zone Lot

Listing and Financial Details

  • Short Term Rentals Allowed
  • $78 special tax assessment

Community Details

Overview

  • Low-Rise Condominium
  • Hono Kai Community

Pet Policy

  • Pets Allowed

Additional Features

  • Laundry Facilities
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,107

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Ada Enhanced Access: 1 Level
  • Class: Condominium
  • District: Maalaea
  • Other Features: Bar-B-Que, Community Laundry
  • Type: Condo
  • View: Ocean
  • Special Assessment: Yes
  • Special Assessment Amount: 78
  • Unit: A2
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Year Built: 1972
  • Year Renovated: 2016
  • Geo Subdivision: HI
  • Tax Year Ending: 2021
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Additional Rooms: Dining Area, Storage Room
  • Bathrooms: 1
  • Bedrooms: 1
  • Included: Blinds, Ceiling Fan(s), Chandelier/Swag Lamp, Dishwasher, Disposal, Drapes, Furnished, Inventory, Kitchen Ware, Microwave, Range, Refrigerator, Smoke/Heat Detector, Tv Cable
  • Living Area Sq Ft: 555
  • Price Per Sq Ft: 900.9
  • Floor Level: 1

Exterior Features

  • Construction Data: Hollow Tile
  • Design And Structure: Low-Rise 1-3 Stories
  • Exterior Finish: Hollow Tile, Stucco
  • Pool: Yes
  • Roofing: Pitch And Gravel
  • Substructure: Concrete Slab
  • Waterfront: Beachfront
  • Pool Type: In-Ground
  • Uncovered Lanai Deck Sq Ft: 65
  • Waterfront Unit: Yes

Utilities

  • Room AC Number: 1
  • Sewer: Septic Tank
  • Utilities To Site: County Wat Metr Installed, Overhead Electricity, Telephone, Tv Cable

Condo/Co-op/Association

  • Association Fees Frequency: Monthly
  • Association Manager: Quam Properties
  • Other Monthly Fees: Assessment, Maintenance Fees
  • Complex Name: Hono Kai
  • Monthly Maintenance Fee: 1140

Schools

  • Elementary School: Wailuku Elementary
  • Middle School: Iao Intermediate
  • High School: Henry Perrine Baldwin High
  • Elementary School: Wailuku Elementary
  • High School: Henry Perrine Baldwin High
  • Intermediate School: Iao Intermediate

Lot Info

  • Assessed Improvement Value: 226400
  • Assessed Land Value: 119000
  • County Zoning: A-1 Apartment District
  • Flood Zone: Yes
  • General Land Class: Apartment
  • Land Acres: 1.01
  • Land Sq Ft: 43996
  • State Zoning: Urban
  • Geo Address Line: 280 Hauoli St
  • Geo Primary City: Wailuku
  • Geo Quality: 0.95
  • Geo Zoom Level: 16

Rental Info

  • Pets Allowed: Yes
  • Short Term Rental Allowed: Yes

Tax Info

  • Taxes Per Month: 325.7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2022
Closed on
Jun 28, 2022
Sold by
Michael Carothers
Bought by
Krampitz Edgar
Seller's Agent
Josef Erlemann
Compass-W
Buyer's Agent
Ed Krampitz
Hawaiian Home Seekers R.E. LLC
List Price
$515,000
Sold Price
$500,000
Premium/Discount to List
-$15,000
-2.91%
Current Estimated Value
$530,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,957
Avg. Annual Appreciation
2.11%
Original Mortgage
$350,000
Outstanding Balance
$334,908
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$197,849

Purchase Details

Listed on
Jun 14, 2021
Closed on
Sep 15, 2021
Sold by
Conley Jeanne L
Bought by
Cartothers Michael
Seller's Agent
Elizabeth Wood
Coldwell Banker Island Prop(S)
Buyer's Agent
Josef Erlemann
Compass-W
List Price
$449,000
Sold Price
$395,000
Premium/Discount to List
-$54,000
-12.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.93%

Purchase Details

Listed on
Apr 7, 2015
Closed on
Sep 15, 2015
Sold by
Norris Nancy H
Bought by
Conley Jeanne L
Seller's Agent
Elizabeth Wood
Coldwell Banker Island Prop(S)
Buyer's Agent
Elizabeth Wood
Coldwell Banker Island Prop(S)
List Price
$220,000
Sold Price
$180,000
Premium/Discount to List
-$40,000
-18.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.90%
Source: Public Records

Range of Values:

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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
Krampitz Edgar -- Old Republic Title
Krampitz Edgar -- Old Republic Title
Cartothers Michael $395,000 Or
Conley Jeanne L -- Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krampitz Edgar $350,000
Closed Krampitz Edgar $350,000
Previous Owner Lusk Lyle S $210,000
Previous Owner Lusk Lyle S $101,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2022 07/01/22 Sold $500,000 -2.9% $11 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $515,000 +30.4% $12 / Sq Ft
09/30/2021 09/30/21 Sold $395,000 -12.0% $9 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $449,000 0.0% $10 / Sq Ft
08/13/2021 08/13/21 Pending -- -- --
06/14/2021 06/14/21 For Sale $449,000 +149.4% $10 / Sq Ft
09/18/2015 09/18/15 Sold $180,000 -18.2% $4 / Sq Ft
07/01/2015 07/01/15 Pending -- -- --
04/07/2015 04/07/15 For Sale $220,000 -- $5 / 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 $5,107 $646,300 $237,600 $408,700
2024 $5,107 $480,400 $237,600 $242,800
2023 $5,107 $431,000 $237,600 $193,400
2022 $4,100 $346,000 $119,600 $226,400
2021 $3,909 $351,800 $108,700 $243,100
2020 $3,002 $270,900 $108,700 $162,200
2019 $2,711 $252,200 $98,800 $153,400
2018 $2,822 $304,100 $89,800 $214,300
2017 $2,744 $0 $0 $0
2016 $2,610 $299,700 $85,400 $214,300
2015 $1,336 $342,300 $85,400 $256,900
2014 $1,336 $293,400 $77,500 $215,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 395899

Maui MLS (REALTORS® Association of Maui)

APN: 2-3-8-014-002-0002