NOT LISTED FOR SALE

3042 Alaneo Place Wailuku, HI 96793

Estimated Value: $1,690,000 - $2,272,000

3 Beds
3 Baths
2,822 Sq Ft
$727/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $1,910,000 $677 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $11,381/month

7 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • Home Office
  • 0.45 Acre Lot
  • Main Floor Primary Bedroom
  • Fireplace

About This Home

As of December 2021

Located in Old Wailuku Heights, set to a backdrop of the West Maui Mountains, this approx. 1/2 acre property has sweeping ocean and mountain views. This 3 bedroom, 3 bathroom classic main home has been beautifully remodeled and lives like a dream. Enjoy the chef's kitchen with custom African Mahogany cabinets, SubZero refrigerator, Wolf oven and cooktop, wine fridge, and Bosch dishwasher. There's a separate office, as well as a family room, and skylights to bring in natural light. The home opens to a manicured yard that has lychee and banana trees. There's a swimming pool and hot tub on the view-side of the property. There's also a 34-panel PV solar system with two Tesla powerwall batteries, as well as a 2 bedroom, 1 bathroom detached cottage, which is rented month-to-month. This home is in a serene setting while being conveniently located close to town.

Last Agent to Sell the Property

Josh Jerman

Hawaii Life (W) License #RB-19728 Listed on: 10/27/2021

Hawaii Life (W)

Last Buyer's Agent

Alana Rucynski

Hawaii Life (W) License #RS-59516

Hawaii Life (W)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,769

Year Built

  • Built in 1951

Lot Details

  • 0.45 Acre Lot
  • Fenced
  • Gentle Sloping Lot
  • Sprinkler System

Parking

  • 2 Car Garage

Interior Spaces

  • 2,822 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Family Room
  • Dining Area
  • Home Office
  • Mountain Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Solar Water Heater
  • In Ground Pool
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,769

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Class: Residential
  • District: Wailuku
  • Other Features: Lawn Sprinkler, Wall/Fence
  • Perm To Adv Upcoming1: Yes
  • Perm To Adv Upcoming2: Yes
  • Type: Sf W/Det Ohana Or Cottage
  • View: Mountain/Ocean
  • Year Built House: 1951
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1951
  • Year Renovated: 2012

Interior Features

  • Additional Rooms: Dining Area, Family Room, Laundry Room, Work Space
  • Bathrooms: 3
  • Bedrooms: 3
  • Included: Ceiling Fan(s), Dishwasher, Disposal, Dryer, Fireplace, Microwave, Range, Refrigerator, Solar Water Heating, Tv Cable, Washing MacHine
  • Living Area Sq Ft: 2223
  • Master Bedroom Ground Floor: Yes
  • Ohana Bedrooms: 2
  • Ohana Bathrooms: 1
  • Ohana Living Area Sq Ft: 599
  • Price Per Sq Ft: 676.82
  • Total Living Sq Ft: 2822

Exterior Features

  • Ohana Year Built: 1968
  • Pool: Yes
  • Pool Type: In-Ground

Garage/Parking

  • Garage: Yes
  • Number of Car Spaces: 2

Schools

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

Lot Info

  • Land Acres: 0.446
  • Land Sq Ft: 19428
  • Topography: Gentle Slope

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2021
Closed on
Feb 7, 2022
Sold by
Henry Franks James and Joy Erin
Bought by
James And Erin Franks Family Trust
Seller's Agent
Josh Jerman
Hawaii Life (W)
Buyer's Agent
Alana Rucynski
Hawaii Life (W)
List Price
$1,650,000
Sold Price
$1,910,000
Premium/Discount to List
$260,000
15.76%
Current Estimated Value
$2,050,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,207
Avg. Annual Appreciation
1.92%
Original Mortgage
$1,230,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 27, 2021
Closed on
Dec 10, 2021
Sold by
Sheldon Shannon Stacy and Shannon Sheldon Trust
Bought by
Franks James Henry and Franks Erin Joy
Seller's Agent
Josh Jerman
Hawaii Life (W)
Buyer's Agent
Alana Rucynski
Hawaii Life (W)
List Price
$1,650,000
Sold Price
$1,910,000
Premium/Discount to List
$260,000
15.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,230,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 27, 2021
Closed on
Oct 20, 2021
Sold by
Lowenthal Benjamin Eleu and Lowenthal Benjamin Revocable
Bought by
Sheldon Shannon Stacy and Shannon Sheldon Trust
Seller's Agent
Josh Jerman
Hawaii Life (W)
Buyer's Agent
Alana Rucynski
Hawaii Life (W)
List Price
$1,650,000
Sold Price
$1,910,000
Premium/Discount to List
$260,000
15.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,230,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2020
Sold by
Lowenthal Benjamin Eleu and Sheldon Shannon Stacy
Bought by
Sheldon Shannon Stacy and Shannon Sheldon Trust

Purchase Details

Listed on
Mar 20, 2018
Closed on
May 8, 2018
Sold by
Ching Douglas Elika and Ching Ellen Wong
Bought by
Lowenthal Benjamin Eleu and Sheldon Shannon Stacy
Seller's Agent
Bruce Baker
eXp Realty
Buyer's Agent
Josh Jerman
Hawaii Life (W)
List Price
$1,279,000
Sold Price
$1,250,000
Premium/Discount to List
-$29,000
-2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.00%
Original Mortgage
$679,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2009
Sold by
Benton Gregory Lee and Benton Tiffany Soares
Bought by
Ching Douglas Elika and Ching Ellen Wong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
5.03%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 27, 2002
Sold by
Sakagawa Kenneth Kenichi and Sakagawa Emiko O
Bought by
Benton Gregory Lee and Benton Tiffany Soares

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Interest Rate
6.28%

Purchase Details

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Interest Rate
6.28%
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
James And Erin Franks Family Trust -- Obenauf Law Group
James And Erin Franks Family Trust -- Obenauf Law Group
Franks James Henry -- None Available
Sheldon Shannon Stacy -- None Available
Sheldon Shannon Stacy -- None Available
Lowenthal Benjamin Eleu $1,250,000 Fntic
Ching Douglas Elika $850,000 Island Title Corporation
Benton Gregory Lee $350,000 --
Makekau Jeffery N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Franks James Henry $1,230,000
Previous Owner Shannon Sheldon Trust $645,600
Previous Owner Sheldon Shannon Stacy $645,600
Previous Owner Lowenthal Benjamin Eleu $663,000
Previous Owner Lowenthal Benjamin Eleu $679,000
Previous Owner Ching Douglas Elika $500,000
Previous Owner Ching Douglas Elika $625,000
Previous Owner Benton Gregory Lee $486,500
Previous Owner Benton Gregory Lee $332,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $1,910,000 +15.8% $677 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $1,650,000 +32.0% $585 / Sq Ft
05/14/2018 05/14/18 Sold $1,250,000 -2.3% $562 / Sq Ft
04/13/2018 04/13/18 Pending -- -- --
03/20/2018 03/20/18 For Sale $1,279,000 -- $575 / 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 $2,769 $1,929,900 $1,273,600 $656,300
2024 $2,769 $1,784,700 $1,162,800 $621,900
2023 $2,083 $1,458,600 $830,600 $628,000
2022 $2,083 $1,239,500 $664,500 $575,000
2021 $2,222 $1,117,200 $646,000 $471,200
2020 $2,326 $1,124,100 $646,000 $478,100
2019 $2,921 $1,207,400 $738,300 $469,100
2018 $2,326 $1,016,300 $572,200 $444,100
2017 $2,026 $0 $0 $0
2016 $1,742 $845,300 $424,500 $420,800
2015 $1,247 $730,800 $350,700 $380,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 393480

Maui MLS (REALTORS® Association of Maui)

APN: 2-3-5-005-018-0000