NOT LISTED FOR SALE

3445 Lower Honoapiilani Rd Unit 221 Lahaina, HI 96761

Napili-Honokowai Neighborhood

Estimated Value: $563,000 - $674,000

-- Bed
1 Bath
439,956 Sq Ft
10 Acres

Last Sold October 31, 2018

Last sale price $393,000 $1 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $4,158/month

179 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • 10.1 Acre Lot
  • Ocean View
  • Sauna
  • Outdoor Grill

About This Home

As of October 2018

Kaanapali Shores 221 is located on the 2nd floor of the courtyard side of the building. This studio unit features an updated kitchen with granite counters, wood cabinets, stainless steel appliances, and a spacious floor plan. The private lanai looks over the courtyard gardens and view of the ocean. If you are looking for incredible value on Maui's West Side, chose the Aston Kaanapali Shores Resort. This popular 10-acre condominium hotel boasts two swimming pools, two spa pools, saunas, fitness center and two tennis courts and a Pickleball court. You can relax at the pool-side restaurant for breakfast, lunch or dinner. There are convenient gift shops, a food pantry store, and beauty salon located on the premises World class location with high vacation rental possibilities. Lay back and make Kaanapali Shores your Hawaiian getaway! This property has a history of high rental occupancy and income for the owners who want to participant in vacation rentals. Maintenance fees include all utilities, e.g electric (central A/C), water, sewer, trash, wi-fi access, cable TV. local phone service, storm, flood & general liability insurance. The maintenance fees also include a monthly contribution to the Capital Reserve Fund for major components of the building, e.g. roofs, painting, pools, spa and other amenities.

Last Agent to Sell the Property

Gina M Parola

Keller Williams Realty Maui-L License #RB-17055 Listed on: 03/05/2018

Keller Williams Realty Maui-L

Co-Listed By

Robert Cartwright

Robert J Cartwright, Inc. License #RB-13462

Last Buyer's Agent

Fereshteh Nikbakhsh-Tali

Kaanapali Luxury Vacation Rentals License #RB-21182

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,384

Year Built

  • Built in 1980

Lot Details

  • 10

Parking

  • 1 Car Garage

Interior Spaces

  • 1 Bathroom
  • Sauna
  • Home Gym
  • Ocean Views

Utilities

  • Central Air
  • Phone Available
  • Cable TV Available

Additional Features

  • Spa
  • Outdoor Grill
  • Beach Front

Community Details

Recreation

  • Tennis Courts
  • In Ground Pool

Additional Features

  • Kaanapali Shores Community
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,384

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Condominium
  • District: Kaanapali
  • Other Features: Tennis Court, Exercise Room, Sauna, Bar-B-Que, Community Laundry, Spa/Hot Tub
  • Type: Condo
  • View: Ocean
  • Unit: 221
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Bathrooms: 1
  • Living Area Sq Ft: 507
  • Floor Level: 2

Exterior Features

  • Pool: Yes
  • Waterfront: Beachfront
  • Pool Type: In-Ground

Garage/Parking

  • Garage: Yes
  • Garage Number Of Cars: 1

Utilities

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

Condo/Co-op/Association

  • Association Fees Frequency: Monthly
  • Association Manager: Aqua-Aston
  • Complex Name: Kaanapali Shores
  • Monthly Maintenance Fee: 711

Lot Info

  • County Zoning: H-2 Hotel District
  • Land Acres: 10.1
  • Land Sq Ft: 439956
  • State Zoning: Urban

Tax Info

  • Taxes Per Month: 216.45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2018
Closed on
Oct 15, 2018
Sold by
Owens Jerry Joe and Owens Sandra Michelle
Bought by
Nikbakhsh Tali Kenneth Farzon
Seller's Agent
Gina M Parola
Keller Williams Realty Maui-L
Buyer's Agent
Fereshteh Nikbakhsh-Tali
Kaanapali Luxury Vacation Rentals
List Price
$398,000
Sold Price
$393,000
Premium/Discount to List
-$5,000
-1.26%
Current Estimated Value
$662,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,223
Avg. Annual Appreciation
7.58%
Original Mortgage
$275,100
Outstanding Balance
$242,350
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$402,568

Purchase Details

Closed on
Feb 4, 2004
Sold by
Novy Curtis Lance and Novy Theresa Ann
Bought by
Owens Jerry Joe and Owens Sandra Michelle

Purchase Details

Closed on
Apr 8, 2003
Sold by
Beggs Robert Cameron and Oppenheim Beggs Sarah
Bought by
Novy Curtis Lance and Novy Theresa Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
6.12%
Mortgage Type
VA

Purchase Details

Closed on
May 28, 2002
Sold by
Cook John Henry and Cook Joyce Doris
Bought by
Beggs Robert Cameron and Oppenheim Beggs Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.12%

Purchase Details

Closed on
Sep 5, 2001
Sold by
Association Of Apartment Owners Of Kaana
Bought by
Cook John Henry and Cook Joyce Doris
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
Nikbakhsh Tali Kenneth Farzon $393,000 Fidelity National Title & Es
Owens Jerry Joe $269,900 --
Novy Curtis Lance $210,000 --
Beggs Robert Cameron $190,000 --
Cook John Henry $34,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nikbakhsh Tali Kenneth Farzon $275,100
Previous Owner Novy Curtis Lance $157,500
Previous Owner Beggs Robert Cameron $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2018 10/31/18 Sold $393,000 -1.3% $1 / Sq Ft
08/31/2018 08/31/18 Pending -- -- --
03/05/2018 03/05/18 For Sale $398,000 -- $1 / 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 $6,384 $646,900 $98,900 $548,000
2024 $6,384 $613,800 $98,900 $514,900
2023 $4,562 $538,700 $98,900 $439,800
2022 $4,562 $385,000 $49,800 $335,200
2021 $4,471 $402,400 $45,300 $357,100
2020 $4,055 $366,000 $45,300 $320,700
2019 $2,261 $354,200 $41,100 $313,100
2018 $3,093 $333,300 $37,400 $295,900
2017 $2,597 $0 $0 $0
2016 $2,758 $316,700 $35,500 $281,200
2015 $2,068 $309,400 $35,500 $273,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 377725

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-4-001-097-0058