NOT LISTED FOR SALE

3445 Lower Honoapiilani Rd Unit 523 Lahaina, HI 96761

Napili-Honokowai Neighborhood

Estimated Value: $1,118,603 - $1,319,000

2 Beds
2 Baths
439,956 Sq Ft
10 Acres

Last Sold May 29, 2018

Last sale price $775,000 $2 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $7,897/month

67 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • 10.1 Acre Lot
  • Ocean View
  • Sauna
  • Party Room

About This Home

As of May 2018

Kaanapali Shores 523 offers great ocean views from this fabulous 2 bedroom condominium suite.This unit offers granite counter tops in the bath, custom cabinetry, spacious kitchen counters and all the comforts of home. 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, two tennis courts and a Pickle ball court. You can relax at the pool-side restaurant for breakfast, lunch or dinner. There are convenient gift shops, a food pantry store, and a 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

David T Barca

Keller Williams Realty Maui-L License #RS-37631 Listed on: 01/22/2018

Keller Williams Realty Maui-L

Co-Listed By

Gina M Parola

Keller Williams Realty Maui-L License #RB-17055

Last Buyer's Agent

Jane Ng

Keller Williams Realty Maui-Ka License #RS-76984

Keller Williams Realty Maui-Ka

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,782

Year Built

  • 1980

Lot Details

  • 10

Interior Spaces

  • Sauna
  • Home Gym
  • Ocean Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Pool

  • In Ground Pool
  • Spa

Utilities

  • Central Air
  • Phone Available
  • Cable TV Available

Additional Features

  • Outdoor Grill
  • Beach Front

Community Details

Overview

  • Kaanapali Shores Community

Amenities

  • Party Room
  • Laundry Facilities

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,782

Year Built

1980

Lot Details

0

Listing Details

  • District: Kaanapali
  • Other Features: Tennis Court, Exercise Room, Sauna, Bar-B-Que, Party Room, Community Laundry, Spa/Hot Tub
  • Type: Condo
  • View: Ocean
  • Unit: 523
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built (Public Record): 1980

Interior Features

  • Bathrooms: 2
  • Bedrooms: 2
  • Living Area Sq Ft: 964
  • Floor Level: 5

Exterior Features

  • Pool: Yes
  • Waterfront: Beachfront
  • Pool Type: In-Ground
  • Uncovered Lanai Deck Sq Ft: 125

Utilities

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

Condo/Co-op/Association

  • Complex Name: Kaanapali Shores
  • Monthly Maintenance Fee: 1312

Lot Info

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

Tax Info

  • Taxes Per Month: 507.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2018
Closed on
May 22, 2018
Sold by
Coelho Tony T
Bought by
Elden Towers Llc
Seller's Agent
David T Barca
Keller Williams Realty Maui-L
Buyer's Agent
Jane Ng
Keller Williams Realty Maui-Ka
List Price
$775,000
Sold Price
$775,000
Total Days on Market
67
Current Estimated Value
$1,191,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$416,901
Avg. Annual Appreciation
7.04%

Purchase Details

Listed on
Dec 16, 2013
Closed on
Apr 9, 2014
Sold by
Lamon David Bruce and Lamon Sylvia Jenkins
Bought by
Coelho Tony T and Tony T Coelho Living Trust
Seller's Agent
Adam Falb
Berkshire Hathaway Maui Prop-W
Buyer's Agent
David T Barca
Keller Williams Realty Maui-L
List Price
$775,000
Sold Price
$710,000
Premium/Discount to List
-$65,000
-8.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.15%
Original Mortgage
$440,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 28, 2005
Sold by
Anderly Llc
Bought by
Lamon David Bruce and Lamon Sylvia Jenkins

Purchase Details

Closed on
Aug 5, 2005
Sold by
Platte Brian Gerald and Platte Phylecia Anne
Bought by
Anderly Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$579,000
Interest Rate
5.64%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 5, 2001
Sold by
Association Of Apartment Owners Of Kaana
Bought by
Platte Brian Gerald and Platte Phylecia Anne
Source: Public Records

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Range of Values:

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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
Elden Towers Llc $775,000 Fnt
Coelho Tony T $710,000 Tg
Lamon David Bruce $729,000 Tg
Anderly Llc $729,000 Tg
Platte Brian Gerald $64,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coelho Tony T $440,000
Previous Owner Anderly Llc $579,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2018 05/29/18 Sold $775,000 0.0% $2 / Sq Ft
03/30/2018 03/30/18 Pending -- -- --
01/22/2018 01/22/18 For Sale $775,000 +9.2% $2 / Sq Ft
04/17/2014 04/17/14 Sold $710,000 -8.4% $737 / Sq Ft
03/13/2014 03/13/14 Pending -- -- --
12/16/2013 12/16/13 For Sale $775,000 -- $804 / 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 $14,782 $1,228,800 $182,400 $1,046,400
2024 $14,782 $1,169,000 $182,400 $986,600
2023 $13,405 $1,131,200 $182,400 $948,800
2022 $10,095 $851,900 $91,800 $760,100
2021 $9,525 $857,100 $83,500 $773,600
2020 $8,251 $744,700 $83,500 $661,200
2019 $8,032 $747,200 $75,900 $671,300
2018 $6,484 $698,700 $69,000 $629,700
2017 $6,087 $0 $0 $0
2016 $5,704 $654,900 $65,500 $589,400
2015 $3,850 $721,500 $65,500 $656,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 377200

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-4-001-097-0230