NOT LISTED FOR SALE

3543 Lower Honoapiilani Rd Unit H404 Lahaina, HI 96761

Estimated Value: $1,147,000 - $2,246,000

2 Beds
3 Baths
534,917 Sq Ft
12.28 Acres

Last Sold February 28, 2020

Last sale price $1,250,000 $2 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $9,470/month

6 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • 12.28 Acre Lot

About This Home

As of February 2020

Location. Lifestyle. Double your pleasure by enjoying the sights and sounds of the ocean and the beauty of the tropical gardens in this top story 2 bedroom Papakea condo with sleeping loft and 3 full baths. Every detail of this renovated condominium is exquisite quality and each bedroom is a suite. The kitchen features custom granite countertops, exotic hardwood cabinetry, top-of-the-line appliances, and large capacity washer/dryer. Each of the 3 bathrooms have decorative tile inlays, and custom cabinetry. Throughout the main level are tile floors; stairs and loft are easy care carpet. There are 4 wall mounted split air conditioning units for comfortable living in every room. Like new in every way, this unit has only been a second home since its renovation and is offered turnkey. The owners love the ritual of coffee in bed every morning while gazing across the tropical landscape to the blue ocean. This is one of the most sought-after floor plans with the bedroom on the ocean side. As a bonus, there are two extra large storage areas in the loft and the master suite to keep bikes, beach toys, and more. When you stay at Papakea, you have everything you would expect for a perfect tropical vacation: 2 pools, 2 hot tubs, 2 pool cabanas, BBQ areas, tennis courts, putting greens, shuffleboard, blue ocean, water activities, seasonal whale watching, and all this close to shopping, grocery and farmer's markets. This upgraded and fully furnished condo is a rare 4th floor offering with an ocean view master suite in Papakea and is ready for its next owner.

Last Agent to Sell the Property

Anita White

Island Sotheby's International Realty(L) License #RB-21022 Listed on: 01/21/2020

Island Sotheby's International Realty(L)

Co-Listed By

Lori Powers

Island Sotheby's International Realty(L) License #RB-23242

Last Buyer's Agent

Cimi Morgan

Epic Realty LLC License #RB-21010

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,840

Year Built

  • Built in 1977

Lot Details

  • 12.28

Home Design

  • Entry on the 4th floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Additional Features

  • Ocean Views
  • In Ground Pool
  • Ocean Front

Community Details

Overview

  • Papakea Resort Community

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,840

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Condominium
  • District: Napili/Kahana/Honokowai
  • Other Features: Tennis Court
  • Type: Condo
  • View: Ocean
  • Special Assessment: Yes
  • Unit: H404
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Year Built: 1977
  • Year Renovated: 2015
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Bathrooms: 3
  • Bedrooms: 2
  • Living Area Sq Ft: 1144
  • Floor Level: 4

Exterior Features

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

Utilities

  • Sewer: Sewer County
  • Utilities To Site: County Water, Underground Electricity, Telephone, Tv Cable

Condo/Co-op/Association

  • Complex Name: Papakea Resort
  • Monthly Maintenance Fee: 926.55

Lot Info

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

Tax Info

  • Taxes Per Month: 517

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2020
Closed on
Feb 20, 2020
Sold by
Basnett Keith Alan
Bought by
Nechamaleah Llc
Seller's Agent
Anita White
Island Sotheby's International Realty(L)
Buyer's Agent
Cimi Morgan
Epic Realty LLC
List Price
$1,250,000
Sold Price
$1,250,000
Current Estimated Value
$1,478,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,769
Avg. Annual Appreciation
3.02%

Purchase Details

Closed on
Jan 29, 2015
Sold by
Coyle Richard Douglas
Bought by
Basnett Keith Alan and Basnett Deborah Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$591,500
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 22, 2011
Sold by
Association Of Apartment Owners Of Papak
Bought by
Coyle Richard Douglas
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Nechamaleah Llc -- Or
Nechamaleah Llc $1,250,000 Or
Basnett Keith Alan $845,000 Fidelity Natl Title & Escrow
Coyle Richard Douglas $167,967 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Basnett Keith Alan $591,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2020 02/28/20 Sold $1,250,000 0.0% $2 / Sq Ft
01/27/2020 01/27/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $1,250,000 +47.9% $2 / Sq Ft
04/16/2015 04/16/15 Sold $845,000 -12.8% $2 / Sq Ft View Prior Sale
01/02/2015 01/02/15 Pending -- -- --
01/04/2014 01/04/14 For Sale $969,000 -- $2 / 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 $19,840 $1,389,800 $259,600 $1,130,200
2024 $19,840 $1,543,700 $259,600 $1,284,100
2023 $16,662 $1,406,100 $259,600 $1,146,500
2022 $13,789 $1,163,600 $130,700 $1,032,900
2021 $12,309 $1,106,800 $118,800 $988,000
2020 $5,701 $1,027,300 $118,800 $908,500
2019 $6,208 $983,900 $108,000 $875,900
2018 $5,726 $907,400 $98,200 $809,200
2017 $4,751 $0 $0 $0
2016 $519 $865,400 $93,300 $772,100
2015 $1,739 $753,600 $93,300 $660,300
2014 $1,739 $560,900 $85,300 $475,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 385781

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-4-001-055-0273