NOT LISTED FOR SALE

341 Lani Place Wailuku, HI 96793

Estimated Value: $840,903 - $1,114,000

5 Beds
2 Baths
1,760 Sq Ft
$556/Sq Ft Est. Value

Last Sold October 21, 2014

Last sale price $469,000 $266 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $5,497/month

15 Days on Market

About This Home

As of October 2014

10 units in Happy Valley on slightly more than 12,000 square feet of land. 6 units are occupied, 4 units are vacant and in need of TLC. Excellent investment opportunity. Most units are 2-3 bedrooms and some are two level. Street to street lot from Lani Place to Alahee Drive. Lani Place is a cul-de-sac street. Great location close to markets and Main Street. Beautiful west Maui mountain views. Dwelling info: #1 3 br 2 ba, #2 2 br 1 ba, #3 2 br 1 ba, #4 0 br 1 ba, #5 2 br 1 ba, #6 3 br, 2 ba, #7 2 br 2 ba, #8 2 br 2 ba, #9 2 br 1 ba, #10 2 br 1 ba. Total current monthly income of 6 units is $3,700. At present rates, CAP is approx. 7.5%.

Last Agent to Sell the Property

Josh Jerman

Hawaii Life (W) License #RB-19728 Listed on: 09/16/2014

Hawaii Life (W)

Last Buyer's Agent

Josh Jerman

Hawaii Life (W) License #RB-19728 Listed on: 09/16/2014

Hawaii Life (W)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,335

Year Built

  • Built in 1939

Lot Details

  • 0.28 Acre Lot
  • Level Lot

Property Views

  • Mountain Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,335

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Class: Residential
  • District: Wailuku
  • Type: Sf W/Det Ohana Or Cottage
  • View: Mountain
  • Year Built House: 1939
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1939

Interior Features

  • Bathrooms: 2
  • Bedrooms: 5
  • Living Area Sq Ft: 1760
  • Ohana Bedrooms: 2
  • Ohana Bathrooms: 1
  • Ohana Living Area Sq Ft: 570

Utilities

  • Sewer: Sewer County
  • Utilities To Site: County Water, Overhead Electricity

Lot Info

  • Land Acres: 0.2756
  • Land Sq Ft: 12005
  • Topography: Level

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2014
Closed on
Oct 21, 2014
Sold by
341 Lani Pl Llc
Bought by
Lani Port Llc
Seller's Agent
Josh Jerman
Hawaii Life (W)
Buyer's Agent
Josh Jerman
Hawaii Life (W)
List Price
$469,000
Sold Price
$469,000
Current Estimated Value
$979,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$510,226
Avg. Annual Appreciation
6.90%
Original Mortgage
$234,000
Outstanding Balance
$179,263
Interest Rate
4.08%
Mortgage Type
Seller Take Back
Estimated Equity
$799,963

Purchase Details

Closed on
Jul 3, 2014
Sold by
Vanburen George W
Bought by
341 Lani Pl Llc

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:

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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
Lani Port Llc $469,000 Or
341 Lani Pl Llc $442,400 Or
Makekau Jeffery N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lani Port Llc $234,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2014 10/21/14 Sold $469,000 0.0% $266 / Sq Ft
10/01/2014 10/01/14 Pending -- -- --
09/16/2014 09/16/14 For Sale $469,000 -- $266 / 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 $4,335 $851,200 $465,000 $386,200
2024 $4,335 $738,500 $375,000 $363,500
2023 $4,260 $728,200 $367,500 $360,700
2022 $4,004 $684,400 $352,500 $331,900
2021 $3,468 $636,300 $337,500 $298,800
2020 $3,445 $632,100 $322,500 $309,600
2019 $3,302 $589,600 $292,500 $297,100
2018 $3,084 $558,700 $247,500 $311,200
2017 $2,819 $0 $0 $0
2016 $2,539 $479,000 $195,000 $284,000
2015 -- $429,500 $172,500 $257,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 362124

Maui MLS (REALTORS® Association of Maui)

APN: 2-3-4-033-066-0000