NOT LISTED FOR SALE

3740 Lower Honoapiilani Rd Unit E101 Lahaina, HI 96761

Estimated Value: $275,000 - $414,000

Studio
1 Bath
179,467 Sq Ft
4.12 Acres

Last Sold May 26, 2023

Last sale price $380,000 $2 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,883/month

50 Days on Market

Highlights

  • Ocean View
  • Property is near an ocean
  • Clubhouse
  • In Ground Pool
  • 4.12 Acre Lot
  • Furnished

About This Home

As of May 2023

Newly renovated ocean view studio at Maui Lani Terraces. Super convenient and highly desirable location in the "E" building, as it is an end unit on the ground floor, making it easily accessible. Upgrades include new flooring, new countertops, new refrigerator and new hot water heater. It is in move-in condition. And the property is being sold fully furnished. All you need is your suitcase and toothbrush, and quickly get settled in your new home. Nestled between Kaanapali and Kapalua, in a great location on the Lower road in Honokowai, this property is great as you can walk to the local farmers market, coffee shops, restaurants, stores and more! And you are short walk across the street to a pristine beach. This studio is the perfect starter home or investment property. Must SEE to really appreciate all that it has to offer. Maui Lani Terraces is equipped with an in-ground pool, BBQ area and work-out room. The property is tenant occupied so 48 hours notice is required to show the property.

Last Agent to Sell the Property

Ryan Kelly

Beachology Inc License #RS-84324 Listed on: 01/10/2023

Co-Listed By

Deborah Schulz-peterson

Real Broker License #RS-80782

Last Buyer's Agent

Teresa Adams

Berkshire Hathaway Maui Prop-L License #RS-60887

Berkshire Hathaway Maui Prop-L

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1990

Lot Details

  • 4.12

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Asphalt Shingled Roof
  • Wood Siding
  • Double Stud Wall

Interior Spaces

  • 1 Bathroom
  • Furnished
  • Ceiling Fan
  • Home Gym
  • Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property is near an ocean
  • Outdoor Grill

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2430060040000

Community Details

Overview

  • Low-Rise Condominium
  • Maui Lani Terraces Community
  • Maui Lani Terraces Subdivision

Recreation

  • In Ground Pool

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1990

Lot Details

4.12 Acres

Listing Details

  • Class: Condominium
  • District: Napili/Kahana/Honokowai
  • Other Features: Exercise Room, Club House, Bar-B-Que
  • Type: Condo
  • View: Ocean
  • Unit: E101
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Year Built: 1990
  • Year Renovated: 2022
  • Cov Lanai Deck Sq Ft: 80
  • Geo Subdivision: HI
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Flooring: Tile, Laminate
  • Bathrooms: 1
  • Included: Ceiling Fan(s), Dishwasher, Dryer, Furnished, Linens, Microwave, Range, Refrigerator, Smoke/Heat Detector, Tv Cable, Washing MacHine
  • Living Area Sq Ft: 357
  • Price Per Sq Ft: 1064.43
  • Floor Level: 1

Exterior Features

  • Construction Data: Double Wall
  • Design And Structure: Low-Rise 1-3 Stories
  • Exterior Finish: Wood
  • Pool: Yes
  • Roofing: Asphalt/Comp Shingle
  • Substructure: Concrete Slab
  • Waterfront: Across Street From Ocean
  • Pool Type: In-Ground

Utilities

  • Room AC Number: 1
  • Sewer: Sewer County
  • Utilities To Site: County Water, Telephone, Tv Cable

Condo/Co-op/Association

  • Complex Name: Maui Lani Terraces
  • Monthly Maintenance Fee: 348

Schools

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

Lot Info

  • County Zoning: A-2 Apartment District
  • Flood Zone: Yes
  • General Land Class: Improved Residential
  • Land Acres: 4.12
  • Land Sq Ft: 179467
  • Geo Address Line: 3740 Lower Honoapiilani Rd
  • Geo Primary City: Lahaina
  • Geo Quality: 0.95
  • Geo Zoom Level: 16

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 2430060040000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2023
Closed on
May 19, 2023
Sold by
Kusuda Michele
Bought by
Hanneman Elijah Kealoha
Seller's Agent
Ryan Kelly
Beachology Inc
Buyer's Agent
Teresa Adams
Berkshire Hathaway Maui Prop-L
List Price
$385,000
Sold Price
$380,000
Premium/Discount to List
-$5,000
-1.3%
Current Estimated Value
$360,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,216
Avg. Annual Appreciation
-1.87%
Original Mortgage
$285,000
Outstanding Balance
$276,900
Interest Rate
6.27%
Mortgage Type
Construction
Estimated Equity
$83,884

Purchase Details

Listed on
May 25, 2021
Closed on
Aug 19, 2021
Sold by
Schlegel Douglas Joseph
Bought by
Kusuda Michele
Seller's Agent
Matthew Smith
Berkshire Hathaway Maui Prop-L
Buyer's Agent
Kelly Robinson
Moffett Properties LLC
List Price
$305,000
Sold Price
$285,000
Premium/Discount to List
-$20,000
-6.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.87%

Purchase Details

Closed on
Jan 3, 2005
Sold by
Monnier John Drew and Monnier Cynthia Joan
Bought by
Schlegel Douglas Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
5.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 3, 2004
Sold by
Forman Harry David
Bought by
Monnier John Drew and Monnier Cynthia Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
5.8%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 10, 2003
Sold by
Myers Douglas Edward
Bought by
Forman Harry David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
6.4%
Mortgage Type
Unknown

Purchase Details

Closed on
May 15, 2002
Sold by
Hill Roberta
Bought by
Myers Douglas Edward
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hanneman Elijah Kealoha -- Fidelity National Title
Kusuda Michele $285,000 Tg
Schlegel Douglas Joseph $152,000 --
Monnier John Drew $130,000 --
Forman Harry David $75,500 --
Myers Douglas Edward $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanneman Elijah Kealoha $285,000
Previous Owner Schlegel Douglas Joseph $121,600
Previous Owner Monnier John Drew $118,000
Previous Owner Forman Harry David $58,500
Closed Schlegel Douglas Joseph $15,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/26/2023 05/26/23 Sold $380,000 -1.3% $2 / Sq Ft
03/01/2023 03/01/23 Pending -- -- --
01/10/2023 01/10/23 For Sale $385,000 +35.1% $2 / Sq Ft
08/25/2021 08/25/21 Sold $285,000 -1.7% $2 / Sq Ft View Prior Sale
07/25/2021 07/25/21 Pending -- -- --
07/06/2021 07/06/21 Price Changed $290,000 -1.7% $2 / Sq Ft
06/04/2021 06/04/21 Price Changed $295,000 -3.3% $2 / Sq Ft
05/25/2021 05/25/21 For Sale $305,000 -- $2 / 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 $300 $317,500 $35,600 $281,900
2024 $300 $351,300 $34,200 $317,100
2023 $352 $317,300 $34,200 $283,100
2022 $1,712 $292,600 $27,400 $265,200
2021 $350 $245,700 $26,000 $219,700
2020 $400 $218,200 $26,000 $192,200
2019 $400 $210,800 $23,300 $187,500
2018 $400 $196,700 $26,700 $170,000
2017 $400 $0 $0 $0
2016 $3 $151,800 $26,700 $125,100
2015 $150 $129,500 $26,700 $102,800
Source: Public Records

Agents Affiliated with this Home

  • Ryan Kelly

    Seller's Agent in 2023

    Ryan Kelly

    Beachology Inc

    (631) 379-7042

    7 in this area

    8 Total Sales

    Ryan Kelly
    Section Image

  • D

    Seller Co-Listing Agent in 2023

    Deborah Schulz-peterson

    Real Broker

    (920) 427-6962

    3 in this area

    3 Total Sales

    Deborah Schulz-peterson
    Section Image

  • T

    Buyer's Agent in 2023

    Teresa Adams

    Berkshire Hathaway Maui Prop-L

    (808) 281-8652

    3 in this area

    3 Total Sales

    Teresa Adams
    Section Image

  • M

    Seller's Agent in 2021

    Matthew Smith

    Berkshire Hathaway Maui Prop-L

    (808) 661-2636

    10 in this area

    14 Total Sales

    Matthew Smith
    Section Image
  • Kelly Robinson

    Buyer's Agent in 2021

    Kelly Robinson

    Moffett Properties LLC

    (808) 264-7232

    27 in this area

    34 Total Sales

    Kelly Robinson
    Section Image
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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 397838

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-3-006-004-0085

Hawaii Maui County Lahaina 96761

3740 Lower Honoapiilani Rd Unit E101, Lahaina, HI

Not Listed for Sale

Condos

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