NOT LISTED FOR SALE

3741 Lower Honoapiilani Rd Unit 203 Lahaina, HI 96761

Napili-Honokowai Neighborhood

Estimated Value: $656,000 - $834,000

1 Bed
1 Bath
50,530 Sq Ft
1.16 Acres

Last Sold January 17, 2023

Last sale price $740,000 $15 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,796/month

2 Days on Market

Highlights

  • Ocean Front
  • 1.16 Acre Lot
  • Ceiling Fan
  • In Ground Pool
  • Furnished

About This Home

As of January 2023

This is your opportunity for the Maui Retreat you have been dreaming about. Direct Ocean Front at Kulakane with views of Lanai and Moloka'i and so close to the ocean you could throw a Mango into the ocean from your lanai. Turtles swimming by and during Whale season you can view the Whales frolicking in the ocean. Unit 203 is a fully furnished turnkey vacation rental with a strong "return guest" rental history. Financials provided upon request. Property also includes an outdoor BBQ area, laundry facility and free parking. The Kulakane is a low-rise oceanfront resort property with just 42 units, located on Maui's west side between Kaanapali and Kapalua, near some of the very best beaches, snorkeling spots, championship golf courses and shopping in Lahaina.

Last Agent to Sell the Property

James Foster

West Maui Luxury Property License #RB-17518 Listed on: 11/20/2022

Last Buyer's Agent

Anis Bel

Compass License #RS-83243

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,351

Year Built

  • Built in 1970

Lot Details

  • 1.16

Interior Spaces

  • Furnished
  • Ceiling Fan
  • Ocean Views

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Home Security

Schools

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

Additional Features

  • In Ground Pool
  • Ocean Front
  • Flood Zone Lot
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2430060110000

Community Details

Overview

  • Kulakane Community
  • Kulakane Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,351

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Condominium
  • District: Napili/Kahana/Honokowai
  • Type: Condo
  • View: Ocean
  • Unit: 203
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Year Built: 1970
  • Geo Subdivision: HI
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Bathrooms: 1
  • Bedrooms: 1
  • Included: Ceiling Fan(s), Dishwasher, Furnished, Inventory, Microwave, Range, Refrigerator, Smoke/Heat Detector, Tv Cable
  • Living Area Sq Ft: 568
  • Price Per Sq Ft: 1302.82
  • Floor Level: 2

Exterior Features

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

Condo/Co-op/Association

  • Complex Name: Kulakane
  • Monthly Maintenance Fee: 774.04

Schools

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

Lot Info

  • Flood Zone: Yes
  • Land Acres: 1.16
  • Land Sq Ft: 50530
  • Geo Address Line: 3741 Lower Honoapiilani Rd
  • Geo Primary City: Lahaina
  • Geo Quality: 0.95
  • Geo Zoom Level: 16

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 2430060110000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2022
Closed on
Dec 19, 2022
Sold by
Summit Futures Inc
Bought by
Growth In Maui Llc
Seller's Agent
James Foster
West Maui Luxury Property
Buyer's Agent
Anis Bel
Compass
List Price
$725,000
Sold Price
$740,000
Premium/Discount to List
$15,000
2.07%
Current Estimated Value
$727,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,724
Avg. Annual Appreciation
-0.96%
Original Mortgage
$555,000
Outstanding Balance
$539,262
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$183,047

Purchase Details

Closed on
Nov 24, 1999
Sold by
Finn Blaine T and Eclarin Finn Corazon P
Bought by
Summit Futures Inc
Source: Public Records

Range of Values:

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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
Growth In Maui Llc -- Fidelity National Title
Summit Futures Inc $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Growth In Maui Llc $555,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2023 01/17/23 Sold $740,000 +2.1% $15 / Sq Ft
11/22/2022 11/22/22 Pending -- -- --
11/20/2022 11/20/22 For Sale $725,000 -- $14 / 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 $9,351 $817,700 $240,800 $576,900
2024 $9,351 $748,100 $240,800 $507,300
2023 $7,859 $663,200 $240,800 $422,400
2022 $5,183 $437,400 $121,200 $316,200
2021 $5,008 $450,800 $110,200 $340,600
2020 $6,075 $548,300 $100,500 $447,800
2019 $5,274 $490,600 $100,500 $390,100
2018 $4,092 $440,900 $84,900 $356,000
2017 $3,831 $0 $0 $0
2016 $3,525 $404,700 $68,100 $336,600
2015 $3,583 $469,300 $68,100 $401,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 397424

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-3-006-011-0017