NOT LISTED FOR SALE

368 Ainakula Rd Kula, HI 96790

Estimated Value: $1,736,041 - $1,877,000

3 Beds
3 Baths
2,248 Sq Ft
$807/Sq Ft Est. Value

Last Sold June 07, 2021

Last sale price $1,330,000 $592 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $10,538/month

24 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • Laundry Room
  • Maid or Guest Quarters
  • Fireplace
  • Solar Water Heater

About This Home

As of June 2021

Looking for a large ocean view estate with multiple separate living areas for extended families or extra income potential? Look no further with this half+ acre Kula property, which includes a studio ohana attached to the main house, and an additional detached 2-bedroom cottage. This spacious lot has enough room to build an additional dwelling and/or a pool. Both the main house and the cottage have incredible ocean and mountain views and feature lots of natural sunlight with impressive view windows throughout. This property also features a detached private deck with huge ocean views, ideal for BBQing, entertaining guests, and watching the sunset. The cottage is extremely private, boasting its own separate; driveway, 2 car carport, separate address for secured mail delivery, laundry, electric meter, and wrap around balcony. Included on property are beautiful blooming jacaranda tree, garden/herb beds, and various tropical plants including orange and lemon. Enjoy the freedom of no HOA, and the absence of parking and other misc. restrictions. Enjoy the best that Upcountry Maui has to offer at Kula Orchards subdivision near Kula Lodge! Kula Orchards is one of Kula's most charming communities, boasting large lot sizes and a traditional Hawaii feel, with exceptional value and breathtaking ocean views. Walk to Kula Lodge for breakfast or lunch, and enjoy the Kula Marketplace, or enjoy the nearby hotspots including Poli Poli hiking trails, Rice Park, Kula Bistro, Ali’i Kula Lavender Farm, La Provence Bakery, and the Upcountry Farmers Market. The staging items such as furniture, artwork, plants, and the like portrayed in these photos have been created by computer generated image technology and used for illustration purposes only. No real, actual or physical staging items are included in this sale.

Last Agent to Sell the Property

Kristen Goo

Aesthetic Real Estate LLC License #RB-23516 Listed on: 04/21/2021

Co-Listed By

Rick Brandt

Island Sotheby's Int'l Rlty(W) License #RS-75730

Last Buyer's Agent

Karen Williamson

Maui Earth Realty LLC License #RB-20037

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,046

Year Built

  • Built in 1988 | Remodeled

Lot Details

  • 0.55 Acre Lot
  • Property fronts a county road
  • Gentle Sloping Lot

Home Design

  • Pitched Roof
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2,248 Sq Ft Home
  • 2-Story Property
  • Chandelier
  • Fireplace
  • Drapes & Rods
  • Blinds
  • Family Room
  • Dining Area
  • Storage Room
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Maid or Guest Quarters
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Automatic Garage Door Opener

Eco-Friendly Details

  • Solar Water Heater

Utilities

  • Cesspool
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,046

Year Built

Built in 1988 | Remodeled

Lot Details

0

Listing Details

  • Class: Residential
  • District: Kula/Ulupalakua/Kanaio
  • Other Features: Storage, Maids Quarters, Remodeled
  • Perm To Adv Upcoming1: Yes
  • Perm To Adv Upcoming2: Yes
  • Roads: County
  • Type: Sf W/Det Ohana Or Cottage
  • View: Mountain/Ocean
  • Year Built House: 1988
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1988
  • Year Renovated: 2019

Interior Features

  • Flooring: Vinyl
  • Additional Rooms: Dining Area, Family Room, Laundry Room, Storage Room
  • Bathrooms: 3
  • Bedrooms: 3
  • Included: Auto Garage Door Opener, Blinds, Chandelier/Swag Lamp, Dishwasher, Disposal, Dryer, Drapes, Fireplace, Microwave, Range, Refrigerator, Smoke/Heat Detector, Solar Water Heating, Tv Cable, Washing MacHine
  • Living Area Sq Ft: 1528
  • Ohana Additional Rooms: Dining Area, Family Room
  • Ohana Bedrooms: 2
  • Ohana Bathrooms: 1
  • Ohana Flooring: Wood
  • Ohana Living Area Sq Ft: 720
  • Price Per Sq Ft: 591.64
  • Total Living Sq Ft: 2248

Exterior Features

  • Design And Structure: 2 Story
  • Exterior Finish: Wood
  • Ohana Design: 1 Story
  • Ohana Included: Drapes, Dryer, Range, Refrigerator, Tv Cable, Washing MacHine
  • Ohana Roofing: Pitch And Gravel
  • Ohana Year Built: 1988
  • Ohana Year Remodeled: 2019
  • Roofing: Asphalt/Comp Shingle, Pitch And Gravel

Garage/Parking

  • Garage: Yes
  • Number of Car Spaces: 2
  • Ohana Carport: Yes
  • Ohana Carport Number Of Cars: 2

Utilities

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

Lot Info

  • Land Acres: 0.5494
  • Land Sq Ft: 23932
  • Topography: Gentle Slope

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2022
Sold by
Albert Martens David
Bought by
David Albert Martens Revocable Trust
Current Estimated Value
$1,902,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Outstanding Balance
$117,746
Interest Rate
3.85%
Mortgage Type
Balloon
Estimated Equity
$1,654,862

Purchase Details

Listed on
Apr 21, 2021
Closed on
Jun 2, 2021
Sold by
Goo Evelyn B
Bought by
Martens David Albert and Davie Albert Martens Revocable
Seller's Agent
Kristen Goo
Aesthetic Real Estate LLC
Buyer's Agent
Karen Williamson
Maui Earth Realty LLC
List Price
$1,575,000
Sold Price
$1,330,000
Premium/Discount to List
-$245,000
-15.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.10%

Purchase Details

Closed on
Nov 23, 2005
Sold by
Crans David H and Crans Maureen E
Bought by
Goo Evelyn B

Purchase Details

Closed on
Oct 28, 2002
Sold by
Makekau Stanley N B and Makekau Stanley
Bought by
Makekau Jeffery N
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
David Albert Martens Revocable Trust -- None Listed On Document
Martens David Albert -- None Listed On Document
David Albert Martens Revocable Trust -- None Listed On Document
Martens David Albert -- None Listed On Document
Martens David Albert $1,330,000 Fnt
Goo Evelyn B $935,000 First American Title Co Inc
Makekau Jeffery N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martens David Albert $125,000
Closed Martens David Albert $125,000
Previous Owner Goo Evelyn B $884,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2021 06/07/21 Sold $1,330,000 +0.2% $592 / Sq Ft
05/15/2021 05/15/21 Pending -- -- --
05/05/2021 05/05/21 Price Changed $1,327,000 -15.7% $590 / Sq Ft
04/21/2021 04/21/21 For Sale $1,575,000 -- $701 / 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 $2,046 $1,784,300 $1,021,500 $762,800
2024 $2,046 $1,423,200 $696,500 $726,700
2023 $1,825 $1,260,400 $533,900 $726,500
2022 $6,465 $1,076,900 $417,900 $659,000
2021 $1,112 $661,600 $308,300 $353,300
2020 $1,304 $719,600 $358,300 $361,300
2019 $1,485 $712,200 $359,700 $352,500
2018 $1,547 $742,800 $339,000 $403,800
2017 $1,567 $0 $0 $0
2016 $1,427 $728,500 $358,700 $369,800
2015 -- $661,300 $326,100 $335,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 391196

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-3-022-071-0000