NOT LISTED FOR SALE

3543 Lower Honoapiilani Rd Unit A-206 Lahaina, HI 96761

Napili-Honokowai Neighborhood

Estimated Value: $622,000 - $904,000

-- Bed
1 Bath
534,917 Sq Ft
12 Acres

Last Sold May 14, 2018

Last sale price $475,000 $1 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,712/month

51 Days on Market

Highlights

  • Beach Front
  • Heated In Ground Pool
  • Clubhouse
  • Ocean View
  • 12.28 Acre Lot
  • Putting Green

About This Home

As of May 2018

Watch the whales and sea turtles right on your lanai! This DIRECT OCEANFRONT private studio is in a prime second floor location. It faces due west with fabulous sunsets and views of the islands of Molokai and Lanai. Twenty-four hours of waves to listen to and lull you to sleep. The A building is located at the north end of the Papakea complex and is one of the quietest and most private buildings in the complex. Only 3 of the 11 Papakea buildings are actual oceanfront buildings and the A building is one of them. This condo is a renovated studio with wood and tile floors, walk-in shower and a high definition flat screen TV. It is tastefully decorated in a Hawaiian theme, air conditioned and has a washer and dryer. Papakea Resort is a peaceful Hawaiian Style low rise resort on 13 acres just a short walking distance to 3 mile long N. Ka'anapali Beach. The lushly landscaped grounds are immaculately maintained and adorned with red ginger and red palms. At dusk every evening the magical twinkling tiki lights are lit and reflect on the Koi ponds through-out the property. This turnkey condo is fully equipped, nicely furnished and ready to rent at a premium…or have as your second home island getaway. The amenities include two ocean side swimming pools, two tennis courts, putting greens, 24-hour front desk service, poolside barbecues, two hot tubs and shuffle board court. Papakea is within walking distance to a shopping center, local farmers market, bars,coffee shops, fresh fish market, restaurants and sandy beaches.

Last Agent to Sell the Property

Kristen Kingwell

Coldwell Banker Island Prop-KP License #RS-68401 Listed on: 02/22/2018

Coldwell Banker Island Prop-KP

Last Buyer's Agent

Mark Marchello

Mark A Marchello Inc License #RB-17408

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,506

Year Built

  • Built in 1977

Lot Details

  • 12

Pool

  • Heated In Ground Pool
  • Spa

Additional Features

  • Ocean Views
  • 1 Bathroom
  • Outdoor Grill
  • Beach Front

Community Details

Recreation

  • Putting Green
  • Tennis Courts

Additional Features

  • Papakea Resort Community
  • Clubhouse

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,506

Year Built

Built in 1977

Lot Details

0

Listing Details

  • District: Napili/Kahana/Honokowai
  • Other Features: Tennis Court, Club House, Bar-B-Que, Putting Green, Spa/Hot Tub
  • Type: Condo
  • View: Ocean
  • Unit: A-206
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Bathrooms: 1
  • Living Area Sq Ft: 454
  • Floor Level: 2

Exterior Features

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

Utilities

  • Sewer: Sewer County
  • Utilities To Site: County Water

Condo/Co-op/Association

  • Association Fees Frequency: Monthly
  • Complex Name: Papakea Resort
  • Monthly Maintenance Fee: 673.67

Lot Info

  • County Zoning: A-2 Apartment District
  • Land Acres: 12.28
  • Land Sq Ft: 534917
  • State Zoning: Urban

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2019
Sold by
Holmer Richard Lawrence and Holmer Wanda Ann
Bought by
Holmer Richard L and Holmer Wanda A
Total Days on Market
51
Current Estimated Value
$722,764

Purchase Details

Listed on
Feb 22, 2018
Closed on
May 8, 2018
Sold by
Babcock Douglass Lee and Babcock Roberta Ellen
Bought by
Holmer Richard
Seller's Agent
Kristen Kingwell
Coldwell Banker Island Prop-KP
Buyer's Agent
Mark Marchello
Mark A Marchello Inc
List Price
$499,000
Sold Price
$475,000
Premium/Discount to List
-$24,000
-4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%

Purchase Details

Closed on
Sep 22, 2011
Sold by
Association Of Apartment Owners Of Papak
Bought by
Babcock Douglass Lee and Babcock Roberta Ellen
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
Holmer Richard L -- None Available
Holmer Richard Lawrence -- None Available
Holmer Richard $475,000 Fntic
Babcock Douglass Lee $69,604 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Draeger James Paul $197,600
Previous Owner Mattson Thomas Henry $157,500
Previous Owner Haine John S $128,000
Previous Owner Vas Cheryl Ann $79,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2018 05/14/18 Sold $475,000 -4.8% $1 / Sq Ft
04/14/2018 04/14/18 Pending -- -- --
02/22/2018 02/22/18 For Sale $499,000 -- $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 $10,506 $842,000 $107,600 $734,400
2024 $10,506 $840,500 $107,600 $732,900
2023 $7,026 $592,900 $107,600 $485,300
2022 $6,474 $546,300 $54,100 $492,200
2021 $5,906 $531,600 $49,200 $482,400
2020 $10,391 $476,500 $49,200 $427,300
2019 $4,725 $439,500 $44,700 $394,800
2018 $3,727 $401,600 $40,700 $360,900
2017 $3,637 $0 $0 $0
2016 $3,802 $436,500 $38,600 $397,900
2015 $3,704 $441,900 $38,600 $403,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 377606

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-4-001-055-0015