NOT LISTED FOR SALE

312 Aalii Way Unit Lot 25 Lahaina, HI 96761

Estimated Value: $2,964,000 - $3,537,000

0.25 Acre
$12,588,468 Price per Acre
10,890 Sq Ft Lot

Last Sold February 03, 2014

Last sale price $370,000

Est. 751% increase in value since last sale

Current estimated payment $16,865/month

180 Days on Market

About This Lot

As of February 2014

Beautiful private lot at the end of a cul-de sac in the Ke- Alii subdivision of the prestigious gated Kaanapali Golf Estates overlooking the world famous Kaanapali Resort. Come build your dream home within easy walking of Kaanapali with the beautiful blue pacific ocean framed by the Islands of Molokai and Lanai.

Last Agent to Sell the Property

Robert Myers

Coldwell Banker Island Prop-KP License #RS-58532 Listed on: 05/01/2013

Coldwell Banker Island Prop-KP

Last Buyer's Agent

Barry Brown

Moffett Properties LLC License #RB-14581

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,812

Lot Details

  • 0.25

Additional Features

  • 0.25 Acre Lot
  • Ocean Views
  • Private Water Source

Community Details

  • Ke Alii Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2440120700000

Property Details

Property Type

Land

Est. Annual Taxes

$1,812

Lot Details

0

Listing Details

  • View: Ocean
  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Subdivision Name: Ke Alii
  • Tax Year: 2012
  • Special Features: None

Exterior Features

  • Acres: 0.25
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No

Utilities

  • Water Source: Private

Lot Info

  • Lot Size Sq Ft: 10890
  • ResoLotSizeUnits: Acres
  • Parcel #: 2440120700000
  • ResoLotSizeUnits: Acres

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1812

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2016
Sold by
Erfer Bruce H and Erfer Lynn N
Bought by
Lapis Development Llc
Current Estimated Value
$3,147,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Outstanding Balance
$323,021
Interest Rate
3.94%
Mortgage Type
Seller Take Back
Estimated Equity
$2,824,096

Purchase Details

Closed on
Sep 11, 2015
Sold by
Merrill Mark Buehner and Merrill Alexis Tappen
Bought by
Erfer Bruce H and Erfer Lynn N

Purchase Details

Closed on
Feb 6, 2015
Sold by
Wells Eugenio P and Toledo Glauce
Bought by
Merrill Mark Buehner and Merrill Alexis Tappen

Purchase Details

Listed on
May 1, 2013
Closed on
Jan 23, 2014
Sold by
Magdic Joseph and Magdic Kata
Bought by
Wells Eugenio P and Toledo Glauce
Seller's Agent
Robert Myers
Coldwell Banker Island Prop-KP
Buyer's Agent
Barry Brown
Moffett Properties LLC
List Price
$419,000
Sold Price
$370,000
Premium/Discount to List
-$49,000
-11.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.80%
Original Mortgage
$240,500
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2009
Sold by
Colton David R
Bought by
Magdic Joseph and Magdic Kata

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lapis Development Llc $395,000 Fntic
Erfer Bruce H $455,000 Fidelity Natl Title & Escrow
Merrill Mark Buehner $445,000 Or
Wells Eugenio P $370,000 Or
Magdic Joseph $375,000 Tg
Makekau Jeffery N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lapis Development Llc $395,000
Previous Owner Wells Eugenio P $240,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2014 02/03/14 Sold $370,000 -11.7% --
10/29/2013 10/29/13 Pending -- -- --
05/01/2013 05/01/13 For Sale $419,000 -- --
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 $3,937 $2,496,200 $815,500 $1,680,700
2024 $3,937 $2,368,400 $764,600 $1,603,800
2023 $3,755 $2,168,000 $560,700 $1,607,300
2022 $3,755 $2,035,500 $560,700 $1,474,800
2021 $4,348 $1,944,600 $560,700 $1,383,900
2020 $12,210 $2,023,900 $611,600 $1,412,300
2019 $3,096 $552,900 $472,400 $80,500
2018 $2,598 $470,600 $419,100 $51,500
2017 $2,744 $0 $0 $0
2016 $2,383 $449,600 $449,600 $0
2015 $1,090 $388,600 $388,600 $0
2014 $1,090 $391,300 $391,300 $0
Source: Public Records

Agents Affiliated with this Home

  • Robert Myers

    Seller's Agent in 2014

    Robert Myers

    Coldwell Banker Island Prop-KP

    (808) 214-4778

    65 in this area

    68 Total Sales

    Robert Myers
    Section Image
  • Barry Brown

    Buyer's Agent in 2014

    Barry Brown

    Moffett Properties LLC

    (808) 870-8888

    21 in this area

    25 Total Sales

    Barry Brown
    Section Image
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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 356026

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-4-012-070-0000

Hawaii Maui County Lahaina 96761

312 Aalii Way Unit Lot 25, Lahaina, HI

Not Listed for Sale

Lots

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