NOT LISTED FOR SALE

3975 Lower Honoapiilani Rd Unit 219 Lahaina, HI 96761

Estimated Value: $1,050,000 - $1,509,000

3 Beds
3 Baths
89,734 Sq Ft
2.06 Acres

Last Sold October 01, 2019

Last sale price $807,250 $9 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $8,079/month

58 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • 2.06 Acre Lot

About This Home

As of October 2019

This is a rare oceanfront, 3-bedroom, 3-bath condomium in upper West Maui. It is a second floor corner unit with a wrap-around lanai and vaulted ceilings. It has a wall of windows and 2 sliding glass doors in the living room, allowing for maximum enjoyment of the view of the ocean and Moloka'i. The unit has just been completely repainted, has a brand new kitchen with new appliances, cabinets, and countertops, new vanities and toilets in two bathrooms, new water heater, and brand new carpeting and tile. It is a canvas ready for you to make your own. It has 2 bedrooms and 2 baths downstairs, and a third bedroom and bath upstairs in the loft. The bathroom in the loft is the only room that hasn't been redone. It allows short term vacation rentals, has beautiful grounds, a pool, jacuzzi, BBQ area, and a laundry room. This unit has not been previously rented, so has no rental history, but vacation rentals are allowed and this unit would make an excellent short term rental and/or second home. Polynesian Shores is a low density property on the ocean with a rocky shoreline and at times has a small, sandy beach. It's the perfect spot to watch whales cruising by and breaching, and to watch turtles all year round. It sits on 2 oceanfront acres between Mahinahina and Kahana, is within walking distance of many restaurants (the Fish Market, Dollie's, Java Jazz, Miso Phat, Subway, etc.), the Farmer's Market and Times Supermarket., and is a 5 minute drive to world famous beaches and snorkel spots (Kapalua Bay, Napili Bay, Honolua Bay) and restaurants (Merriman's, Monkeypod, Roy's, Duke's, Sansei). The homeowners association is planning on replacing all front doors, sliding glass doors, windows, lanais, and some walls in the late summer-fall. The square footage in the County records does not include the additional bedroom and bathroom in the loft. With the loft, the square footage is approximately 1100 square feet.

Last Agent to Sell the Property

Karen Seebart

Keller Williams Realty Maui-L License #RS-76849 Listed on: 05/10/2019

Keller Williams Realty Maui-L

Last Buyer's Agent

Leslie Smith

Hawaii Life (W) License #RS-42147

Hawaii Life (W)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,140

Year Built

  • Built in 1973

Lot Details

  • 2.06

Home Design

  • Entry on the 2nd floor

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Additional Features

  • Ocean Views
  • In Ground Pool
  • Ocean Front

Community Details

  • Polynesian Shores Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,140

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Condominium
  • District: Napili/Kahana/Honokowai
  • Type: Condo
  • View: Ocean
  • Unit: 219
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Year Built: 1973
  • Year Renovated: 2019
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Bathrooms: 3
  • Bedrooms: 3
  • Living Area Sq Ft: 853
  • Floor Level: 2

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • Association Fees Frequency: Monthly
  • Complex Name: Polynesian Shores
  • Monthly Maintenance Fee: 1274.12

Lot Info

  • Land Acres: 2.06
  • Land Sq Ft: 89734

Tax Info

  • Taxes Per Month: 486.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2019
Closed on
Sep 24, 2019
Sold by
Johnson Jill S and The Jill S Johnson Trust
Bought by
Steimel Daniel Jacob and Steimel Stephanie Anne
Seller's Agent
Karen Seebart
Keller Williams Realty Maui-L
Buyer's Agent
Leslie Smith
Hawaii Life (W)
List Price
$910,000
Sold Price
$807,250
Premium/Discount to List
-$102,750
-11.29%
Current Estimated Value
$1,242,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$434,943
Avg. Annual Appreciation
7.40%
Original Mortgage
$726,525
Outstanding Balance
$636,379
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$605,814

Purchase Details

Listed on
Nov 24, 2015
Closed on
Jun 2, 2016
Sold by
Valera John Anthony
Bought by
Johnson Jill S and The Jill S Johnson Trust
Seller's Agent
Candy Mulcoy
Coldwell Banker Island Prop-Ku
Buyer's Agent
Karen Seebart
Keller Williams Realty Maui-L
List Price
$799,000
Sold Price
$655,000
Premium/Discount to List
-$144,000
-18.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.54%

Purchase Details

Closed on
Nov 29, 2011
Sold by
Maui Land & Pineapple Company Inc
Bought by
Manes Wilda Ann and Teague Shelley A

Purchase Details

Closed on
Jun 3, 2002
Sold by
Yee Hunnie C and Char Aileen K
Bought by
Valera John Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
6.83%
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
Steimel Daniel Jacob $807,250 Fnt
Johnson Jill S $655,000 Fntic
Manes Wilda Ann -- Accommodation
Valera John Anthony $60,000 Security Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steimel Daniel Jacob $726,525
Previous Owner Valera John Anthony $259,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2019 10/01/19 Sold $807,250 -8.8% $9 / Sq Ft
07/07/2019 07/07/19 Pending -- -- --
06/05/2019 06/05/19 Price Changed $885,000 -2.7% $10 / Sq Ft
05/10/2019 05/10/19 For Sale $910,000 +38.9% $10 / Sq Ft
06/13/2016 06/13/16 Sold $655,000 -18.0% $7 / Sq Ft View Prior Sale
05/12/2016 05/12/16 Pending -- -- --
11/24/2015 11/24/15 For Sale $799,000 -- $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 $18,140 $1,309,100 $279,400 $1,029,700
2024 $18,140 $1,417,800 $279,400 $1,138,400
2023 $10,488 $1,163,700 $279,400 $884,300
2022 $10,488 $885,100 $140,600 $744,500
2021 $9,732 $875,700 $127,800 $747,900
2020 $8,107 $731,700 $127,800 $603,900
2019 $8,027 $746,700 $116,200 $630,500
2018 $5,833 $628,600 $105,600 $523,000
2017 $5,486 $0 $0 $0
2016 $1,453 $738,100 $194,800 $543,300
2015 $162 $699,800 $194,800 $505,000
2014 $162 $566,500 $352,900 $213,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 382825

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-3-008-002-0045