NOT LISTED FOR SALE

3050 Lower Kula Rd Kula, HI 96790

Estimated Value: $629,025 - $1,117,000

1 Bed
1 Bath
520 Sq Ft
$1,783/Sq Ft Est. Value

Last Sold April 04, 2023

Last sale price $550,000 $1,058 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $5,376/month

268 Days on Market

About This Home

As of April 2023

Large approximately 23,000 square foot lot to construct your Kula dream home. Enjoy the beauty of flowering Jacaranda, Avocado, Mulberry, Pomegranate, Lime, and rare Malabar Chestnut trees. Great up country lifestyle. Enjoy the fresh mountain air, wide open spaces, moon and stars at night, and country living in the refreshing climate lower Kula has to offer. Relish up country double rainbows, lush foliage, and yet easy to reach shopping, golf, restaurants, and world famous beaches for sunning, surfing, or windsurfing. Close drive to highly desirable top up country schools, Elementary, Carden Academy, and King Kekaulike High school.

Last Agent to Sell the Property

Karen Olsen

Keller Williams Realty Maui-Ki License #RS-60692 Listed on: 05/10/2022

Keller Williams Realty Maui-Ki

Last Buyer's Agent

Marcy Sasada-Paiva

Keller Williams Realty Maui-Ka License #RS-82941

Keller Williams Realty Maui-Ka

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,339

Year Built

  • Built in 1948

Lot Details

  • 0.54 Acre Lot

Interior Spaces

  • 520 Sq Ft Home
  • Mountain Views

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Bathroom

Schools

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

Community Details

  • Kula Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,339

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Residential
  • District: Kula/Ulupalakua/Kanaio
  • Perm To Adv Upcoming1: Yes
  • Perm To Adv Upcoming2: Yes
  • Type: Single Family
  • View: Mountain
  • Year Built House: 1948
  • Geo Subdivision: HI
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Bathrooms: 1
  • Bedrooms: 1
  • Living Area Sq Ft: 520
  • Master Bedroom Ground Floor: Yes
  • Price Per Sq Ft: 1057.69
  • Total Living Sq Ft: 520

Schools

  • Elementary School: Kula Elementary
  • Middle School: Samuel E Kalama Intermediate
  • High School: King Kekaulike High
  • Elementary School: Kula Elementary
  • High School: King Kekaulike High
  • Intermediate School: Samuel E Kalama Intermediate

Lot Info

  • Land Acres: 0.54
  • Land Sq Ft: 23522
  • Geo Address Line: 3050 Lower Kula Rd
  • Geo Primary City: Kula
  • Geo Quality: 0.95
  • Geo Zoom Level: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2022
Closed on
Mar 25, 2023
Sold by
Duarte Irrevocable Trust
Bought by
Landis Billy Joe and Landis Tiffany Lynn
Seller's Agent
Karen Olsen
Keller Williams Realty Maui-Ki
Buyer's Agent
Marcy Sasada-Paiva
Keller Williams Realty Maui-Ka
List Price
$795,000
Sold Price
$550,000
Premium/Discount to List
-$245,000
-30.82%
Current Estimated Value
$927,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,256
Avg. Annual Appreciation
25.59%
Original Mortgage
$541,508
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2004
Sold by
Duarte Julia P
Bought by
Duarte Russell M and Duarte Irrevocable Trust

Purchase Details

Closed on
Feb 5, 2003
Sold by
Duarte Harry M and Duarte Julia P
Bought by
Duarte Harry M and Duarte Julia P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
5.83%

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
Mar 15, 2000
Sold by
Duarte Harry Moses and Duarte Julia Pires
Bought by
Duarte Harry M and Duarte Julia P

Purchase Details

Closed on
Jul 6, 1999
Sold by
Duarte Julia Pires
Bought by
Duarte Harry Moses and Duarte Julia Pires

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,600
Interest Rate
7.24%
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
Landis Billy Joe -- First American Title Of Hawaii
Duarte Russell M -- --
Duarte Julia P -- --
Duarte Harry M -- --
Duarte Harry M -- --
Makekau Jeffery N -- --
Duarte Harry M -- --
Duarte Harry Moses -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landis Billy Joe $547,300
Closed Landis Billy Joe $541,508
Previous Owner Duarte Harry M $191,250
Previous Owner Duarte Harry Moses $117,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2023 04/04/23 Sold $550,000 -15.4% $1,058 / Sq Ft
02/02/2023 02/02/23 Pending -- -- --
01/18/2023 01/18/23 Price Changed $650,000 -18.2% $1,250 / Sq Ft
11/04/2022 11/04/22 For Sale $795,000 0.0% $1,529 / Sq Ft
08/31/2022 08/31/22 Pending -- -- --
05/10/2022 05/10/22 For Sale $795,000 -- $1,529 / 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 $4,339 $1,064,900 $1,014,300 $50,600
2024 $4,339 $739,200 $691,500 $47,700
2023 $3,238 $578,500 $530,200 $48,300
2022 $2,534 $458,200 $414,900 $43,300
2021 $2,479 $479,900 $439,100 $40,800
2020 $2,481 $480,300 $439,100 $41,200
2019 $2,579 $459,200 $418,800 $40,400
2018 $2,585 $455,800 $417,100 $38,700
2017 $2,476 $0 $0 $0
2016 $2,324 $435,600 $399,900 $35,700
2015 -- $387,900 $355,400 $32,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 395742

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-3-062-004-0000