NOT LISTED FOR SALE

329 Kai Malu Place Unit 59B Kihei, HI 96753

Estimated Value: $2,645,000 - $3,184,000

3 Beds
2.5 Baths
1,095,970 Sq Ft
$3/Sq Ft Est. Value

Last Sold August 18, 2016

Last sale price $1,525,000 $1 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $17,155/month

202 Days on Market

Highlights

  • Ocean View
  • Sauna
  • Clubhouse
  • In Ground Pool
  • 25.16 Acre Lot
  • Security Guard

About This Home

As of August 2016

Simply stunning Pacific and outer Island views from both floors of this luxury 3B/2.5B town home confirm why you choose to reside in Wailea! Gorgeous upgrades include Travertine floors, GE Monogram stainless steel kitchen appliances, granite kitchen counter tops, water filtration system, Bose stereo system throughout, personal plunge pool with "swim against the current" feature, jetted spa, expanded lanai with Travertine floor, outdoor kitchen with stainless refrigerator, sink and BBQ, outdoor shower, fully gated yard for pets, and brand new designer furnishings and accessories, allow you to move into your unit immediately. The third bedroom with glass French doors can be used as a bedroom or office, and the master en-suite bath offers a huge soak tub as well as a shower, double sinks and granite counter tops. The guest bath offers a spacious shower with seamless glass shower doors and double sinks; also with granite counters. Shutters, custom window shades and drapery, as well as high-end designer ceiling fans, in addition to all furnishings and accessories are included in the sale, as well as the work bench in the two car garage. Located on the Wailea Blue Golf course, with a back-drop of Mt. Haleakala, #59B offers everything on your purchase wish list. Kai Malu is a gated, non-vacation rental community, which affords privacy, security and an address of distinction. The unit is vacant and can be shown with very short notice. Listor must be present for all showings. Interior designer for this unit was Hassie Zitnik, owner of Details in Design.

Last Agent to Sell the Property

Martel Kent

Wailea Realty Corp. License #RS-44796 Listed on: 01/11/2016

Co-Listed By

Melissa Montgomery

Coldwell Banker Island Prop(S) License #RB-23198

Last Buyer's Agent

Tom Tezak

Hawaii Life (W) License #RB-21167

Hawaii Life (W)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $19,172

Year Built

  • Built in 2007

Lot Details

  • 25.16

Parking

  • 2 Car Garage

Home Design

  • Semi-Detached or Twin Home
  • Entry on the 1st floor

Interior Spaces

  • Sauna
  • Home Gym
  • Ocean Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Outdoor Grill

Utilities

  • Central Air
  • Underground Utilities
  • Phone Available
  • Cable TV Available

Community Details

Amenities

  • Clubhouse
  • Party Room

Additional Features

  • Kai Malu Community
  • Security Guard

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$19,172

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: Condominium
  • District: Wailea/Makena
  • Other Features: Exercise Room, Sauna, Club House, Bar-B-Que, Security Guard, Party Room, Spa/Hot Tub
  • Type: Condo
  • View: Ocean
  • Unit: 59B
  • Unit Configuration: Semi-Attached (2 Units In Building)
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Bathrooms: 2.5
  • Bedrooms: 3
  • Living Area Sq Ft: 1796
  • Floor Level: 1

Exterior Features

  • Pool: Yes
  • Pool Type: In-Ground

Garage/Parking

  • Garage: Yes
  • Garage Number Of Cars: 2

Utilities

  • Central Air Conditioning: y
  • Sewer: Sewer County
  • Utilities To Site: County Water, Underground Electricity, Telephone, Tv Cable

Condo/Co-op/Association

  • Association Fees Frequency: Semiannually
  • Association Fees: 262
  • Complex Name: Kai Malu
  • Monthly Maintenance Fee: 1280.65

Lot Info

  • County Zoning: A-2 Apartment District
  • Land Acres: 25.16
  • Land Sq Ft: 1095970
  • State Zoning: Urban

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2016
Closed on
Aug 12, 2016
Sold by
Baker G Thomas
Bought by
Trinchero Gina Maria and Gina Maria Trinchero 2003 Revocable Trus
Seller's Agent
Martel Kent
Wailea Realty Corp.
Buyer's Agent
Tom Tezak
Hawaii Life (W)
List Price
$1,799,998
Sold Price
$1,525,000
Premium/Discount to List
-$274,998
-15.28%
Current Estimated Value
$2,945,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,420,980
Avg. Annual Appreciation
7.50%

Purchase Details

Closed on
Dec 18, 2007
Sold by
Kai Malu Wailea Llc
Bought by
Baker G Thomas and Gtb Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
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
Trinchero Gina Maria $1,525,000 Fntic
Baker G Thomas $1,652,514 Fam
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baker G Thomas $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2016 08/18/16 Sold $1,525,000 -15.3% $1 / Sq Ft
07/31/2016 07/31/16 Pending -- -- --
01/11/2016 01/11/16 For Sale $1,799,998 -- $2 / 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 $19,172 $3,013,400 $124,800 $2,888,600
2024 $19,172 $2,564,900 $124,800 $2,440,100
2023 $13,396 $1,943,200 $113,400 $1,829,800
2022 $11,251 $1,675,100 $85,100 $1,590,000
2021 $10,559 $1,745,500 $85,100 $1,660,400
2020 $9,336 $1,607,400 $90,800 $1,516,600
2019 $7,660 $1,214,000 $90,800 $1,123,200
2018 $8,138 $1,289,700 $90,800 $1,198,900
2017 $10,827 $0 $0 $0
2016 $95 $1,579,000 $90,800 $1,488,200
2015 $7,622 $1,512,100 $85,100 $1,427,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 367944

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-1-008-117-0118