NOT LISTED FOR SALE

3543 Lower Honoapiilani Rd Unit G206 Lahaina, HI 96761

Napili-Honokowai Neighborhood

Estimated Value: $906,000 - $1,337,000

2 Beds
2 Baths
861 Sq Ft
12 Acres

Last Sold December 02, 2024

Last sale price $304,500 $354 Per Sq Ft

Est. 251% increase in value since last sale

Current estimated payment $6,853/month

207 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Ceiling Fan
  • Ocean View
  • 12.28 Acre Lot
  • No Heating

About This Home

As of December 2024

Discover the serenity of this two-bedroom ocean view opportunity at Papakea Oceanfront Resort. This spacious unit boasts two baths and sweeping views of the tranquil blue Pacific sure to calm the mind and soothe the soul. Step out onto the large lanai overlooking the lush grounds and koi ponds of the 12-acre resort and feel the stress melt away. Nestled on the sunny West side of Maui, Papakea Resort provides convenient access to shopping, dining, and sandy beaches. Indulge in resort amenities including around-the-clock front desk service, dual oceanside swimming pools, whirlpool spas, tennis and pickleball courts, oceanside cabanas, putting greens, BBQ areas, and shuffleboard courts. This a leasehold unit the lease runs until January, 31st 2041. The lease rent is paid semi-annually in two installments of $6067.60. Maintenance fees cover essential utilities such as water, sewer, trash, cable, WIFI, phone, building insurance, and common area upkeep. Electricity is separate. Don’t miss out on this exceptional opportunity to live in luxury amidst the beauty of Maui’s coastline. This is property is an REO. This property will be up for auction, offers are to be submitted to the Auction Vendor for review at www.auction.com contact your real estate professional of choice for more information on the auction and to schedule a private viewing.

Last Agent to Sell the Property

Matthew Smith

Berkshire Hathaway Maui Prop-L License #RS-76542 Listed on: 04/04/2024

Berkshire Hathaway Maui Prop-L

Last Buyer's Agent

General Public

General Public

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,075

Year Built

  • 1977

Lot Details

  • Beach Front
  • Land Lease expires 1/31/41

Interior Spaces

  • 861 Sq Ft Home
  • Ceiling Fan
  • Drapes & Rods
  • Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool

Schools

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

Utilities

  • No Heating
  • Cable TV Available

Community Details

  • Papakea Resort I Ii Community
  • Papakea Resort Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 2440010550230
  • $289 per year additional tax assessments

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,075

Year Built

1977

Lot Details

0

Listing Details

  • View: Ocean
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • PoolFeatures: In Ground
  • SpecialListingConditions: Real Estate Owned
  • Subdivision Name: Papakea Resort
  • Carport Y N: No
  • Fireplace: No
  • Garage Yn: No
  • Interior Features: Ceiling Fan(s), TV Cable
  • LivingArea: 861
  • WindowFeatures: Drapes
  • Special Features: RealEstateOwned
  • Year Built (Public Record): 1977

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 2

Exterior Features

  • Acres: 12.28
  • View: Yes
  • Waterfront Features: Beach Front
  • Waterfront: Yes
  • Home Warranty: No

Utilities

  • Sewer: Public Sewer
  • HeatingYN: No

Schools

  • Elementary School: King Kamehameha III Elementary
  • High School: Lahainaluna High
  • Middle Or Junior School: Lahaina Intermediate

Lot Info

  • Lot Size Sq Ft: 534917
  • ResoLotSizeUnits: Acres
  • Parcel #: 2440010550230
  • ResoLotSizeUnits: Acres

Green Features

Rental Info

  • Lease Term: Short Term Lease

Multi Family

  • Lease Expiration: 2041-01-31
  • Building Area Units: Square Feet

Tax Info

  • Tax Other Annual Assessment Amount: 289

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2018
Sold by
Wolf Medusky Jan R and Wolf Fonda Natalie
Bought by
Phkk Properties Llc
Total Days on Market
207
Current Estimated Value
$1,070,262

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
Feb 6, 2006
Sold by
Diepersloot Rodney and Diepersloot Sara
Bought by
Knudsen Ralph G and Knudsen Mary Michaele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2006
Sold by
Diepersloot Pete J and Diepersloot Ila M
Bought by
Diepersloot Rodney and Diepersloot Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2004
Sold by
Diepersloot Pete J and Diepersloot Ila M
Bought by
Diepersloot Pete J and Diepersloot Ila M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.62%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Phkk Properties Llc $141,180 Tg
Medusky Jan R $679,233 Tg
Knudsen Ralph G $749,000 Tg
Diepersloot Rodney $749,000 Tg
Diepersloot Pete J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Knudsen Ralph G $599,000
Previous Owner Diepersloot Pete J $240,000
Previous Owner Diepersloot Pete Jay $215,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2024 12/02/24 Sold $304,500 +5.0% $354 / Sq Ft
10/29/2024 10/29/24 Pending -- -- --
10/24/2024 10/24/24 Price Changed $289,900 -21.6% $337 / Sq Ft
10/05/2024 10/05/24 Price Changed $370,000 -18.7% $430 / Sq Ft
09/11/2024 09/11/24 Price Changed $455,000 -5.2% $528 / Sq Ft
07/25/2024 07/25/24 Price Changed $479,900 -12.7% $557 / Sq Ft
06/29/2024 06/29/24 Price Changed $549,900 -8.3% $639 / Sq Ft
05/18/2024 05/18/24 Price Changed $599,900 -18.4% $697 / Sq Ft
04/04/2024 04/04/24 For Sale $734,900 -- $854 / 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 $14,075 $931,900 $186,300 $745,600
2024 $14,075 $1,116,700 $186,300 $930,400
2023 $9,326 $936,000 $186,300 $749,700
2022 $9,326 $787,000 $93,800 $693,200
2021 $9,219 $829,700 $85,200 $744,500
2020 $8,075 $728,800 $85,200 $643,600
2019 $7,989 $743,200 $77,500 $665,700
2018 $5,202 $560,600 $70,400 $490,200
2017 $4,320 $0 $0 $0
2016 $5,123 $588,200 $66,900 $521,300
2015 $3,868 $630,500 $66,900 $563,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 401725

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-4-001-055-0230