NOT LISTED FOR SALE

Estimated Value: $6,207,364 - $7,368,000

3 Beds
3.5 Baths
467,834 Sq Ft
11 Acres

Last Sold April 30, 2020

Last sale price $3,999,000 $9 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $46,032/month

99 Days on Market

Highlights

  • Beach Front
  • Heated In Ground Pool
  • Home Gym
  • Ocean View
  • 10.74 Acre Lot
  • Security Guard

About This Home

As of April 2020

Own a piece of Wailea's most celebrated Property. Voted as the number 1 Resort in Hawaii by Conde Nast Traveler. Lounge in your own plunge pool, or in your private yard. Or, pick your private chair at either of the pools on the property, or better yet let the Beach staff situate you right on the beach and let your feet dangle in the sand. This unit has been gently used in that it has never been rented and enjoyed infrequently by family only.

Last Agent to Sell the Property

Walter Bissett

Coldwell Banker Island Prop(S) License #RS-51511 Listed on: 11/12/2019

Coldwell Banker Island Prop(S)

Last Buyer's Agent

Geoffrey Granum

Evcom, Inc. License #RB-21439

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $108,295

Year Built

  • Built in 2005

Lot Details

  • 11

Home Design

  • Steel Frame
  • Wood Frame Construction
  • Tile Roof
  • Concrete Block And Stucco Construction
  • Double Stud Wall

Interior Spaces

  • Ceiling Fan
  • Drapes & Rods
  • Dining Area
  • Storage Room
  • Home Gym

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener

Pool

  • Heated In Ground Pool
  • Spa

Utilities

  • Central Air
  • Underground Utilities
  • Phone Available
  • Cable TV Available

Additional Features

  • Outdoor Grill
  • Beach Front

Listing and Financial Details

  • Short Term Rentals Allowed
  • Assessor Parcel Number 2210080910081

Community Details

Overview

  • Property has a Home Owners Association
  • Low-Rise Condominium
  • Wailea Beach Villas Community

Security

  • Security Guard
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$108,295

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: Condominium
  • District: Wailea/Makena
  • Other Features: Exercise Room, Bar-B-Que, Security Guard, Extra Storage, Spa/Hot Tub
  • Type: Condo
  • View: Ocean
  • Unit: E-101
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Stone/Concrete
  • Additional Rooms: Dining Area, Laundry Room, Storage Room
  • Bathrooms: 3.5
  • Bedrooms: 3
  • Included: Auto Garage Door Opener, Ceiling Fan(s), Dishwasher, Disposal, Dryer, Drapes, Microwave, Range, Refrigerator, Smoke/Heat Detector, Tv Cable, Washing MacHine
  • Living Area Sq Ft: 2889
  • Price Per Sq Ft: 1384.22
  • Floor Level: 1

Exterior Features

  • Construction Data: Concrete, Double Wall, Steel Frame, Wood Frame
  • Design And Structure: Low-Rise 1-3 Stories
  • Exterior Finish: Stucco
  • Pool: Yes
  • Roofing: Monier Tile/Tile
  • Waterfront: Beachfront
  • Pool Type: Heated, In-Ground

Garage/Parking

  • Garage: Yes
  • Garage Number Of Cars: 1

Utilities

  • Central Air Conditioning: Y
  • Sewer: Sewer County
  • Utilities To Site: Telephone, Tv Cable, Underground Electricity

Condo/Co-op/Association

  • Association Fees Frequency: Monthly
  • Other Monthly Fees: Associated Fee
  • Complex Name: Wailea Beach Villas
  • Monthly Maintenance Fee: 3843

Lot Info

  • Land Acres: 10.74
  • Land Sq Ft: 467834

Rental Info

  • Short Term Rental Allowed: Yes

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 2210080910081

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2019
Closed on
Apr 23, 2020
Sold by
Gatewood Bennie C and Bennie C Gatewood Revocable Tr
Bought by
Brigman Vincent Marcus and Brigman Shari Rose
Seller's Agent
Walter Bissett
Coldwell Banker Island Prop(S)
Buyer's Agent
Geoffrey Granum
Evcom, Inc.
List Price
$4,250,000
Sold Price
$3,999,000
Premium/Discount to List
-$251,000
-5.91%
Current Estimated Value
$6,700,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,701,841
Avg. Annual Appreciation
10.56%
Original Mortgage
$2,999,250
Outstanding Balance
$2,615,477
Interest Rate
2%
Mortgage Type
New Conventional
Estimated Equity
$4,164,409

Purchase Details

Closed on
Dec 21, 2005
Sold by
Lai Honua Llc
Bought by
Gatewood Bennie C and Bennie C Gatewood Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac
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
Brigman Vincent Marcus $3,999,000 Tg
Gatewood Bennie C $2,260,000 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brigman Vincent Marcus $2,999,250
Previous Owner Gatewood Bennie C $1,500,000
Previous Owner Gatewood Bennie C $1,000,000
Previous Owner Gatewood Bennie C $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2020 04/30/20 Sold $3,999,000 -5.9% $9 / Sq Ft
02/19/2020 02/19/20 Pending -- -- --
11/12/2019 11/12/19 For Sale $4,250,000 -- $9 / 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 $108,295 $8,245,800 $930,500 $7,315,300
2024 $108,295 $7,586,300 $930,500 $6,655,800
2023 $50,097 $5,329,700 $930,500 $4,399,200
2022 $50,097 $4,227,600 $468,300 $3,759,300
2021 $43,724 $3,913,500 $425,700 $3,487,800
2020 $28,221 $4,344,300 $425,700 $3,918,600
2019 $23,528 $3,728,700 $387,000 $3,341,700
2018 $21,224 $3,363,500 $351,800 $3,011,700
2017 $23,888 $0 $0 $0
2016 $2,195 $3,658,300 $334,200 $3,324,100
2015 $14,976 $3,100,700 $334,200 $2,766,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 384955

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-1-008-091-0081