NOT LISTED FOR SALE

Estimated Value: $6,216,000 - $7,971,000

3 Beds
3.5 Baths
467,834 Sq Ft
11 Acres

Last Sold December 08, 2017

Last sale price $3,800,000 $8 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $46,207/month

155 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Security Guard
  • Ocean View
  • 10.74 Acre Lot
  • Storage

About This Home

As of December 2017

Exquisite, tastefully appointed condominium offering an exceptional lifestyle and all the luxury amenities you would expect in a world-class resort. This three bedroom, three and a half bathroom home in the Wailea Beach Villas is elegantly furnished with quality finishes and fixtures throughout. Sub Zero refrigerators, gas cooktop, granite countertops, Viking BBQ grill and much more. Many upgrades include mosaics by Anne Sacks, custom lighting, exotic Ipe wood, and stone flooring. With 2,889 square feet inside plus an additional covered lanai that extends out to the private plunge pool and waterfall, this villa offers gracious indoor outdoor living at its finest. This is truly a special offering in an unparalleled community.

Last Agent to Sell the Property

Robert Merriman

Discovery Makena Realty LLC License #RB-16253 Listed on: 05/24/2017

Last Buyer's Agent

Max Blair

Coldwell Banker Island Prop(S) License #RS-78173

Coldwell Banker Island Prop(S)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $102,286

Lot Details

  • Beach Front

Parking

  • 1 Car Garage

Interior Spaces

  • Storage

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3.5 Bathrooms

Outdoor Features

  • In Ground Pool
  • Outdoor Grill

Utilities

  • Central Air
  • Phone Available
  • Cable TV Available

Community Details

  • Wailea Beach Villas Community
  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$102,286

Lot Details

0

Listing Details

  • Class: Condominium
  • District: Wailea/Makena
  • Other Features: Bar-B-Que, Security Guard, Extra Storage
  • Type: Condo
  • View: Ocean
  • Unit: F101
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Bathrooms: 3.5
  • Bedrooms: 3
  • Living Area Sq Ft: 2889
  • Floor Level: 1

Exterior Features

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

Garage/Parking

  • Garage: Yes
  • Garage Number Of Cars: 1

Utilities

  • Central Air Conditioning: Y
  • Utilities To Site: County Water, Telephone, Tv Cable

Condo/Co-op/Association

  • Association Fees Frequency: Monthly
  • Complex Name: Wailea Beach Villas
  • Monthly Maintenance Fee: 2865

Lot Info

  • County Zoning: H-2 Hotel District
  • Land Acres: 10.74
  • Land Sq Ft: 467834
  • State Zoning: Urban

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2017
Closed on
Dec 4, 2017
Sold by
Maui Village Properties Llc
Bought by
Batra Vineet Nicholas and Batra Rani Date
Seller's Agent
Robert Merriman
Discovery Makena Realty LLC
Buyer's Agent
Max Blair
Coldwell Banker Island Prop(S)
List Price
$4,485,000
Sold Price
$3,800,000
Premium/Discount to List
-$685,000
-15.27%
Current Estimated Value
$6,823,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,023,193
Avg. Annual Appreciation
8.36%
Original Mortgage
$2,470,000
Outstanding Balance
$2,098,881
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$4,927,826

Purchase Details

Closed on
Apr 21, 2016
Sold by
Kofdarali Hagop and Kofdarali Taline
Bought by
Maui Village Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,470,000
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 23, 2015
Closed on
Nov 30, 2015
Sold by
Taylor Corina Sheriton and Reynolds Corina S
Bought by
Kofdarali Hagop and Kofdarali Taline
Seller's Agent
Melissa Montgomery
Coldwell Banker Island Prop(S)
Buyer's Agent
Robert Merriman
Discovery Makena Realty LLC
List Price
$3,800,000
Sold Price
$3,800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.58%

Purchase Details

Closed on
Jul 9, 2015
Sold by
Taylor Corina Sheriton
Bought by
Taylor Corina Sheriton

Purchase Details

Closed on
May 27, 2009
Sold by
Wailea Bh Llc
Bought by
Taylor Corina Sheriton and The Wailea Trust

Purchase Details

Closed on
Nov 14, 2005
Sold by
Lai Honua Llc
Bought by
Wailea Bh Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,625,000
Interest Rate
5.93%
Mortgage Type
Fannie Mae Freddie Mac
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
Batra Vineet Nicholas $3,800,000 Tg
Maui Village Properties Llc $1,000 Tg
Kofdarali Hagop $3,800,000 Tg
Taylor Corina Sheriton -- Accommodation
Taylor Corina Sheriton $3,295,000 Island Title Corporation
Wailea Bh Llc $2,508,000 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Batra Vineet Nicholas $2,470,000
Previous Owner Maui Village Properties Llc $2,470,000
Previous Owner Wailea Bh Llc $1,625,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2017 12/08/17 Sold $3,800,000 -15.3% $8 / Sq Ft
10/26/2017 10/26/17 Pending -- -- --
05/24/2017 05/24/17 For Sale $4,485,000 +18.0% $10 / Sq Ft
12/16/2015 12/16/15 Sold $3,800,000 0.0% $8 / Sq Ft
10/23/2015 10/23/15 Pending -- -- --
10/23/2015 10/23/15 For Sale $3,800,000 -- $8 / 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 $102,286 $7,954,200 $930,500 $7,023,700
2024 $102,286 $7,185,700 $930,500 $6,255,200
2023 $45,292 $4,741,300 $930,500 $3,810,800
2022 $45,292 $3,822,100 $468,300 $3,353,800
2021 $43,724 $3,913,500 $425,700 $3,487,800
2020 $48,135 $4,344,300 $425,700 $3,918,600
2019 $40,084 $3,728,700 $387,000 $3,341,700
2018 $31,213 $3,363,500 $351,800 $3,011,700
2017 $35,417 $0 $0 $0
2016 $2,195 $3,658,300 $334,200 $3,324,100
2015 $10,465 $3,100,700 $334,200 $2,766,500
2014 $10,465 $3,375,800 $303,500 $3,072,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 374237

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-1-008-091-0087