NOT LISTED FOR SALE

3543 Lower Honoapiilani Rd Unit E109 Lahaina, HI 96761

Estimated Value: $519,000 - $697,853

1 Bed
1 Bath
534,917 Sq Ft
12.28 Acres

Last Sold March 17, 2023

Last sale price $410,000 $1 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,788/month

6 Days on Market

Highlights

  • Beach Front
  • 12.28 Acre Lot
  • Furnished
  • In Ground Pool
  • Mountain View
  • Ceiling Fan

About This Home

As of March 2023

This Unit is E109, a one bedroom, ground floor unit in the Papakea Resort, a very popular low rise garden paradise situated on 13 acres of tropical landscape, freshwater lagoons, expansive lawns and coconut palms. On site are 2 pools, 3 tennis courts, 2 jet spas, 2 saunas and barbecue areas. This is an ideal location close to shopping, dining, and the beach. Walk right out from the condos lanai to the pool, Jacuzzi and BBQ area. Condo is equipped with everything that you will need. This is a leasehold unit and the Fee is available to purchase for $610,000 and would close simultaneously with the purchase of the leasehold for $425,000. Unit has a Split-System AC.

Last Agent to Sell the Property

James Foster

West Maui Luxury Property License #RB-17518 Listed on: 02/17/2023

Last Buyer's Agent

Ronald Munoz

A Million Or More Corp License #RB-10878

Property Details

Home Type

  • Condominium

Lot Details

  • 12.28

Home Design

  • Entry on the 1st floor

Interior Spaces

  • Furnished
  • Ceiling Fan
  • Mountain Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Schools

  • King Kamehameha Iii Elementary School
  • Lahaina Intermediate
  • Lahainaluna High School

Additional Features

  • In Ground Pool
  • Beach Front
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2440010550000

Community Details

Overview

  • Papakea Resort Community
  • Papakea Resort Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Lot Details

0

Listing Details

  • Class: Condominium
  • District: Napili/Kahana/Honokowai
  • Type: Condo
  • View: Mountain/Ocean
  • Unit: E109
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Geo Subdivision: HI
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Bathrooms: 1
  • Bedrooms: 1
  • Included: Ceiling Fan(s), Dishwasher, Disposal, Dryer, Furnished, Microwave, Range, Refrigerator, Smoke/Heat Detector, Tv Cable, Washing MacHine
  • Living Area Sq Ft: 597
  • Price Per Sq Ft: 686.77
  • Floor Level: 1

Exterior Features

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

Condo/Co-op/Association

  • Complex Name: Papakea Resort
  • Monthly Maintenance Fee: 1113.75

Schools

  • Elementary School: King Kamehameha III Elementary
  • High School: Lahainaluna High
  • Intermediate School: Lahaina Intermediate

Lot Info

  • Land Acres: 12.28
  • Land Sq Ft: 534917
  • Geo Address Line: 3543 Lower Honoapiilani Rd
  • Geo Primary City: Lahaina
  • Geo Quality: 0.95
  • Geo Zoom Level: 16

Rental Info

  • Current Month Lease Rent: 667

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 2440010550000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2023
Closed on
Mar 10, 2023
Sold by
Gamet Douglas John and Gamet Nancy Susan
Bought by
Bsp Property Llc
Seller's Agent
James Foster
West Maui Luxury Property
Buyer's Agent
Ronald Munoz
A Million Or More Corp
List Price
$425,000
Sold Price
$410,000
Premium/Discount to List
-$15,000
-3.53%
Current Estimated Value
$625,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,213
Avg. Annual Appreciation
16.33%

Purchase Details

Closed on
Apr 1, 2014
Sold by
Association Of Apartment Owners Of Papak
Bought by
Medusky Jan R and Jones Natalie Wolz Fonda

Purchase Details

Closed on
Dec 23, 2005
Sold by
Ajkr Investments Inc
Bought by
Salmon Greg and Salmon Dori
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
Bsp Property Llc -- Fidelity National Title
Bsp Property Llc -- Fidelity National Title
Medusky Jan R $2,903,245 Tg
Salmon Greg -- First American Title Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/17/2023 03/17/23 Sold $410,000 -3.5% $1 / Sq Ft
02/23/2023 02/23/23 Pending -- -- --
02/17/2023 02/17/23 For Sale $425,000 +60.4% $1 / Sq Ft
02/09/2018 02/09/18 Sold $265,000 -8.5% $0 / Sq Ft View Prior Sale
12/12/2017 12/12/17 Pending -- -- --
10/01/2017 10/01/17 For Sale $289,500 +31.6% $1 / Sq Ft
03/10/2017 03/10/17 Sold $220,000 -2.0% $0 / Sq Ft View Prior Sale
02/10/2017 02/10/17 Pending -- -- --
11/01/2016 11/01/16 For Sale $224,500 +16.9% $0 / Sq Ft
09/12/2016 09/12/16 Sold $192,000 -21.6% $0 / Sq Ft View Prior Sale
08/11/2016 08/11/16 Pending -- -- --
10/29/2015 10/29/15 For Sale $245,000 -- $0 / 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 $6,228 $678,500 $135,200 $543,300
2024 $6,228 $798,200 $135,200 $663,000
2023 $6,836 $576,900 $135,200 $441,700
2022 $5,652 $477,000 $68,100 $408,900
2021 $5,794 $521,500 $61,900 $459,600
2020 $5,605 $505,900 $61,900 $444,000
2019 $5,180 $481,900 $56,200 $425,700
2018 $3,215 $346,400 $51,100 $295,300
2017 $3,257 $0 $0 $0
2016 $33 $381,400 $48,600 $332,800
2015 $2,820 $356,000 $48,600 $307,400
2014 $2,820 $293,300 $44,400 $248,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 398164

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-4-001-055-0149