NOT LISTED FOR SALE

2818 Iolani St Makawao, HI 96768

Estimated Value: $1,312,023 - $1,397,000

3 Beds
2 Baths
1,248 Sq Ft
$1,080/Sq Ft Est. Value

Last Sold January 11, 2016

Last sale price $694,000 $556 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $7,935/month

18 Days on Market

Highlights

  • Mountain View
  • 2 Car Garage
  • Level Lot

About This Home

As of January 2016

Situated on a large lot on the Pukalani Golf Course this home is brimming with options. Utilize this home as a 3 bed 2 bath home with a 1 bedroom 1 bath "ohana" / rental unit, or as a 1,920 square foot 4 bed 3 bath single family home. The main home features open beam ceilings in the living and kitchen areas with a large lanai (deck) overlooking the golf course, making for a nice indoor/outdoor living style. Serene ocean, mountain and central Maui views abound. The 1 bedroom ohana includes a kitchenette, living room area and an additional smaller room that could be used as an office. Live in the main house and rent out the ohana. House and ohana are separately metered for electricity as well as having two separate solar hot water systems. Recently painted interior, new rain gutters and laminate wood flooring in the ohana.

Last Agent to Sell the Property

Tina Bair

The Maui Real Estate Team Inc License #RB-24074 Listed on: 11/23/2015

Last Buyer's Agent

Mark Harbison

Coldwell Banker Island Prop(S) License #RB-20096

Coldwell Banker Island Prop(S)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,099

Year Built

  • Built in 1989

Lot Details

  • 10,001 Sq Ft Lot
  • Property fronts a county road
  • Level Lot

Parking

  • 2 Car Garage

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Underground Utilities
  • Private Sewer
  • Phone Available

Additional Features

  • Mountain Views
  • Range

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,099

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: Residential
  • District: Pukalani
  • Roads: Paved, County
  • Type: Single Family W/Att Ohana
  • View: Mountain/Ocean
  • Year Built House: 1989
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1989

Interior Features

  • Bathrooms: 2
  • Bedrooms: 3
  • Living Area Sq Ft: 1248
  • Ohana Bedrooms: 1
  • Ohana Bathrooms: 1
  • Ohana Living Area Sq Ft: 672

Exterior Features

  • Ohana Included: Dryer, Range, Refrigerator, Washing MacHine
  • Ohana Year Built: 1989
  • Ohana Year Remodeled: 2014
  • Uncovered Lanai Deck SqFt House: 288

Garage/Parking

  • Garage: Yes
  • Number of Car Spaces: 2

Utilities

  • Ohana Sewer: Sewer Private
  • Ohana Utilities To Site: County Water, Underground Electric, Telephone
  • Utilities To Site: County Water

Lot Info

  • County Zoning: R-2 Residential
  • Land Acres: 0.2296
  • Land Sq Ft: 10001
  • Topography: Level

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2015
Closed on
Jan 6, 2016
Sold by
Vallejos Melanie Bilbaeno
Bought by
Takesue Dexter H and The Dexter H Takesue Trust
Seller's Agent
Tina Bair
The Maui Real Estate Team Inc
Buyer's Agent
Mark Harbison
Coldwell Banker Island Prop(S)
List Price
$694,000
Sold Price
$694,000
Current Estimated Value
$1,347,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$653,506
Avg. Annual Appreciation
7.15%

Purchase Details

Listed on
Jun 18, 2014
Closed on
Sep 24, 2014
Sold by
Nitz David Franklin and Marchaterre Mary Michael
Bought by
Vallejos Melanie Bilbaeno
Seller's Agent
Michele Parker
Classic Maui Properties Inc
Buyer's Agent
Catherine Chamberlain
Compass-W
List Price
$615,000
Sold Price
$575,000
Premium/Discount to List
-$40,000
-6.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.96%
Original Mortgage
$460,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2009
Sold by
Nitz Lawrence Harvey and Nitz Kiyoko Kurusu
Bought by
Nitz David Franklin and Marchaterre Mary Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,200
Interest Rate
4.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

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
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
Takesue Dexter H $694,000 Or
Vallejos Melanie Bilbaeno $575,000 Fntic
Nitz David Franklin -- Fhtc
Makekau Jeffery N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vallejos Melanie Bilbaeno $460,000
Previous Owner Nitz David Franklin $182,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2016 01/11/16 Sold $694,000 0.0% $556 / Sq Ft
12/11/2015 12/11/15 Pending -- -- --
11/23/2015 11/23/15 For Sale $694,000 +20.7% $556 / Sq Ft
10/03/2014 10/03/14 Sold $575,000 -6.5% $461 / Sq Ft
08/16/2014 08/16/14 Pending -- -- --
06/18/2014 06/18/14 For Sale $615,000 -- $493 / 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 $7,099 $1,227,900 $791,700 $436,200
2024 $7,099 $1,144,600 $728,000 $416,600
2023 $6,532 $1,085,300 $673,400 $411,900
2022 $5,012 $856,800 $482,300 $374,500
2021 $4,183 $767,600 $436,800 $330,800
2020 $4,271 $783,700 $445,900 $337,800
2019 $4,083 $729,100 $400,400 $328,700
2018 $3,818 $691,600 $336,700 $354,900
2017 $3,778 $0 $0 $0
2016 $3,149 $594,100 $309,400 $284,700
2015 -- $548,900 $291,200 $257,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 367272

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-3-055-023-0000