NOT LISTED FOR SALE

3543 Lower Honoapiilani Rd Unit G307 Lahaina, HI 96761

Estimated Value: $579,000 - $893,000

1 Bed
1 Bath
597 Sq Ft
534,917 Sq Ft Lot

Last Sold February 16, 2024

Last sale price $900,000 $1,508 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $4,998/month

59 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Lanai
  • Ocean View
  • 12.28 Acre Lot
  • Furnished

About This Home

As of February 2024

Papakea G-307 is easily the most well appointed and re-designed one bedroom to come on the market in years and is an incredible value for a full ocean view vacation rental property. Envision wood grain porcelain tile flooring, quartz surfaces, stainless appliances, and designer furniture and artwork. The ocean, outer island, sunset, and whale watching views are tremendous! Overlooking the immaculately maintained center courtyard out to the complex pool, bbq area, and oceanfront shuffleboard court the location is impeccable. Completely remodeled top to bottom in 2020, this professionally re-designed and fully furnished property has tasteful coastal contemporary finishes. This has been an extremely succesful vacation rental property for several years with roughly 100 Five Star raving reviews.

Last Agent to Sell the Property

Jeremy Stice

Compass License #RB-21286 Listed on: 11/30/2023

Compass

Last Buyer's Agent

Rohn Stark

Platinum Properties Hawaii,LLC License #RB-20166

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1977

Lot Details

  • 12.28

Interior Spaces

  • 597 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Tile Flooring
  • Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa

Schools

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

Utilities

  • No Heating
  • Cable TV Available

Additional Features

  • Lanai
  • Beach Front

Listing and Financial Details

  • Assessor Parcel Number 2440010550239

Community Details

Overview

  • Papakea Resort I II Community
  • Papakea Resort Subdivision

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Year Built

Built in 1977

Lot Details

12.28 Acres

Listing Details

  • View: Ocean
  • Year Built: 1977
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • PoolFeatures: In Ground
  • Subdivision Name: Papakea Resort
  • Carport Y N: No
  • Fireplace: No
  • Garage Yn: No
  • Interior Features: Ceiling Fan(s), Furnished, TV Cable
  • LivingArea: 597
  • WindowFeatures: Blinds, Drapes
  • LandTenure: Fee Simple
  • Special Features: None
  • Year Renovated: 2020

Interior Features

  • Flooring: Tile
  • Spa Features: Spa/Hot Tub
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 1

Exterior Features

  • Acres: 12.28
  • View: Yes
  • Waterfront Features: Beach Front
  • Waterfront: Yes
  • Home Warranty: No
  • Exterior Features: Tennis Court(s)
  • Patio And Porch Features: Covered Lanai/Deck

Utilities

  • 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 #: 2440010550239
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Short Term Lease

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2023
Closed on
Feb 8, 2024
Sold by
Pham Quyen Mong and Pham Michael Kien-Truc
Bought by
Taylor Gregory James
Seller's Agent
Jeremy Stice
Compass
Buyer's Agent
Rohn Stark
Platinum Properties Hawaii,LLC
List Price
$1,031,000
Sold Price
$900,000
Premium/Discount to List
-$131,000
-12.71%
Views
4
Current Estimated Value
$747,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$152,001
Avg. Annual Appreciation
-8.47%

Purchase Details

Listed on
Jul 24, 2019
Closed on
Oct 2, 2019
Sold by
Nudelman Jerome R and Nudelman Shirley A
Bought by
Pham Quyen Mong and Vo Michael Kien Truc Van
Seller's Agent
Nancy Montoya
Keller Williams Realty Maui-L
Buyer's Agent
Jeremy Stice
Compass
List Price
$579,000
Sold Price
$551,000
Premium/Discount to List
-$28,000
-4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.97%
Original Mortgage
$412,500
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2011
Sold by
Association Of Apartment Owners Of Papak
Bought by
Nudelman Jerome R and Nudelman Shirley A
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
Taylor Gregory James -- Fnt
Taylor Gregory James -- Fidelity National Title
Pham Quyen Mong -- Fnt
Pham Quyen Mong -- Fnt
Nudelman Jerome R -- Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pham Quyen Mong $412,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/16/2024 02/16/24 Sold $900,000 -12.7% $1,508 / Sq Ft
01/23/2024 01/23/24 Off Market $1,031,000 -- --
11/30/2023 11/30/23 For Sale $1,031,000 +87.1% $1,727 / Sq Ft
10/17/2019 10/17/19 Sold $551,000 -4.8% $1 / Sq Ft View Prior Sale
08/30/2019 08/30/19 Pending -- -- --
07/24/2019 07/24/19 For Sale $579,000 -- $1 / Sq Ft
Source: Maui MLS (REALTORS® Association of Maui)

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 $12,761 $941,800 $135,200 $806,600
2024 $9,042 $1,019,300 $135,200 $884,100
2023 $9,042 $763,000 $135,200 $627,800
2022 $6,696 $565,100 $68,100 $497,000
2021 $6,312 $568,100 $61,900 $506,200
2020 $5,611 $506,400 $61,900 $444,500
2019 $6,002 $558,300 $56,200 $502,100
2018 $4,155 $447,700 $51,100 $396,600
2017 $3,892 $0 $0 $0
2016 $3,788 $434,900 $48,600 $386,300
2015 $3,204 $400,600 $48,600 $352,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 400393

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-4-001-055-0239

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