NOT LISTED FOR SALE

340 Lower Kimo Dr Unit A Kula, HI 96790

Estimated Value: $2,008,000 - $2,619,000

3 Beds
2 Baths
2,313 Sq Ft
$961/Sq Ft Est. Value

Last Sold December 16, 2021

Last sale price $2,027,000 $876 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $11,510/month

4 Days on Market

Highlights

  • Heated In Ground Pool
  • Mountain View
  • Workshop
  • 3.36 Acre Lot
  • Wood Flooring
  • Fireplace

About This Home

As of December 2021

Welcome to Kula’s sought after “Golden Zone”. Enter the property under the big weeping pepper tree and to a stunning view of Haleakala. Prepare meals in the remodeled kitchen using fresh ingredients from the property. Grab fresh herbs from the garden or hand pick from the avocado, mango, grapefruit, lemon, or tangerine trees. Dip in the brand new “custom” saline pool, to start the day refreshed and focused then head to work, in the double custom offices. Enjoy dinner with bi-coastal views and sunsets on one of the two covered lanais as monarch butterflies’ flit past and birdsong fills your ears. Then, its stargazing from the 8-person spacious hot tub. Drift to sleep with the windows open to welcome in the breeze that rolls down the mountain. You are home. This Plantation-style home features bamboo floors and a bonus room for guests. Updated with 22-Photovoltaic panels and 2-Tesla Powerwall batteries. The entire property is thoughtfully landscaped and irrigated for ease of maintenance. This home beckons a lifestyle of cookouts, pool parties, 3 meals a day on the lanai, and a “real life” that feels more like a vacation.

Last Agent to Sell the Property

Mino McLean

Island Sotheby's International Realty(M) License #RB-21623 Listed on: 10/21/2021

Island Sotheby's International Realty(M)

Co-Listed By

Sam Utley

Island Sotheby's International Realty(M) License #RB-23179

Last Buyer's Agent

Mino McLean

Island Sotheby's International Realty(M) License #RB-21623 Listed on: 10/21/2021

Island Sotheby's International Realty(M)

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003 | Remodeled

Lot Details

  • 3.36 Acre Lot
  • Gentle Sloping Lot
  • Sprinkler System

Home Design

  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Double Stud Wall

Interior Spaces

  • 2,313 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace
  • Blinds
  • Family Room
  • Workshop
  • Storage Room
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Eco-Friendly Details

  • Solar Water Heater

Pool

  • Heated In Ground Pool
  • Spa

Utilities

  • Heating System Uses Gas
  • Underground Utilities
  • Septic Tank
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

Built in 2003 | Remodeled

Lot Details

0

Listing Details

  • Class: Residential
  • District: Kula/Ulupalakua/Kanaio
  • Other Features: Lawn Sprinkler, Remodeled, Spa/Hot Tub, Storage, Workshop
  • Perm To Adv Upcoming1: Yes
  • Perm To Adv Upcoming2: Yes
  • Roads: Paved
  • Total Exemption: 200000
  • Type: Single Family
  • View: Mountain/Ocean
  • Year Built House: 2003
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2003
  • Year Renovated: 2021

Interior Features

  • Flooring: Carpet, Stone/Concrete, Wood
  • Additional Rooms: Family Room, Storage Room
  • Bathrooms: 2
  • Bedrooms: 3
  • Included: Auto Garage Door Opener, Blinds, Ceiling Fan(s), Dishwasher, Disposal, Dryer, Fireplace, Microwave, Range, Refrigerator, Smoke/Heat Detector, Solar Water Heating, Tv Cable, Washing MacHine
  • Living Area Sq Ft: 2313
  • Master Bedroom Ground Floor: Yes
  • Price Per Sq Ft: 876.35
  • Total Living Sq Ft: 2313

Exterior Features

  • Construction Data: Double Wall, Wood Frame
  • Covered Lanai Deck Sq Ft House: 390
  • Design And Structure: 1 Story
  • Exterior Finish: Wood
  • Pool: Yes
  • Pool Type: Heated, In-Ground
  • Roofing: Asphalt/Comp Shingle
  • Substructure: Post And Pier
  • Uncovered Lanai Deck SqFt House: 50

Garage/Parking

  • Garage: Yes
  • Number of Car Spaces: 2
  • Garage Parking Sq Ft House: 572

Utilities

  • Heating: Gas
  • Sewer: Septic Tank
  • Utilities To Site: County Water, County Water Meter Ins, Tv Cable, Underground Electricity

Condo/Co-op/Association

  • Residential Condo: Yes

Lot Info

  • Assessed Improvement Value: 577200
  • Assessed Land Value: 429700
  • Cpr Land Acres: 1.1342
  • Cpr Land Sq Ft: 49407
  • General Land Class: Improved Residential
  • Land Acres: 3.357
  • Land Recorded: Land Court
  • Land Sq Ft: 146231
  • State Zoning: Rural
  • Topography: Gentle Slope

Tax Info

  • Taxes Per Month: 162.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2023
Sold by
Cuthbertson Michael Anthony and Cuthbertson Janine Eva
Bought by
Michael A Cuthbertson And Janine E Cuthbertso
Current Estimated Value
$2,164,934

Purchase Details

Listed on
Oct 21, 2021
Closed on
Dec 3, 2021
Sold by
Oliver Peter Harvey and Oliver Lisa Danielle
Bought by
Cuthberton Michael Anthony and Cuthberton Janine Eva
Seller's Agent
Mino McLean
Island Sotheby's International Realty(M)
Buyer's Agent
Mino McLean
Island Sotheby's International Realty(M)
List Price
$1,800,000
Sold Price
$2,027,000
Premium/Discount to List
$227,000
12.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.30%
Original Mortgage
$1,317,550
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 28, 2018
Closed on
Dec 21, 2018
Sold by
Ho Timothy Tau Fong
Bought by
Oliver Peter Harvey and Oliver Lisa Danielle
Seller's Agent
Jennifer Lake
Coldwell Banker Island Prop(S)
Buyer's Agent
Sam Utley
Island Sotheby's International Realty(M)
List Price
$1,140,000
Sold Price
$1,065,000
Premium/Discount to List
-$75,000
-6.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.20%
Original Mortgage
$852,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2011
Sold by
Ho Timothy Tau Fong
Bought by
Ho Timothy Tau Fong and Timothy Tau Fong Ho Revocable Living Tr

Purchase Details

Closed on
Jul 30, 2010
Sold by
Terrell Michael and Terrell Cathy Sue
Bought by
Ho Timothy T F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
4.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2005
Sold by
Ala Ola Homes Llc
Bought by
Terrell Michael and Terrell Cathy Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Michael A Cuthbertson And Janine E Cuthbertso -- --
Cuthberton Michael Anthony -- Fnt
Oliver Peter Harvey $1,065,000 Fidelity National Title & Es
Ho Timothy Tau Fong -- None Available
Ho Timothy T F $728,000 Or
Terrell Michael $929,000 Fntic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cuthberton Michael Anthony $1,317,550
Previous Owner Oliver Peter Harvey $852,000
Previous Owner Ho Timothy T F $425,000
Previous Owner Terrell Michael $650,000
Closed Terrell Michael $186,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2021 12/16/21 Sold $2,027,000 +12.6% $876 / Sq Ft
10/25/2021 10/25/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $1,800,000 +69.0% $778 / Sq Ft
12/28/2018 12/28/18 Sold $1,065,000 -6.6% $460 / Sq Ft View Prior Sale
11/30/2018 11/30/18 Pending -- -- --
11/28/2018 11/28/18 For Sale $1,140,000 -- $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 $2,272 $1,697,900 $655,200 $1,042,700
2024 $2,272 $1,536,000 $535,200 $1,000,800
2023 $2,259 $1,479,600 $471,900 $1,007,700
2022 $8,118 $1,283,500 $443,800 $839,700
2021 $1,945 $1,006,900 $429,700 $577,200
2020 $5,680 $1,018,200 $429,700 $588,500
2019 $5,338 $846,000 $321,100 $524,900
2018 $1,858 $851,800 $307,700 $544,100
2017 $1,750 $0 $0 $0
2016 $1,621 $800,300 $299,700 $500,600
2015 $522 $738,900 $286,800 $452,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 393396

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-3-015-028-0001