NOT LISTED FOR SALE

398 S Papa Ave Kahului, HI 96732

Estimated Value: $1,055,000 - $1,259,000

5 Beds
2 Baths
1,748 Sq Ft
$665/Sq Ft Est. Value

Last Sold January 31, 2023

Last sale price $1,000,000 $572 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,421/month

47 Days on Market

About This Home

As of January 2023

House and Cottage in Central Maui! Conveniently located near schools, community park, and shopping center. Freshly painted home featuring 3 separate units, main house has 3 bed/ 1 bath unit with a 2 bed/1 bath enclosed porch with wet bar, also a detached cottage 2 bed/ 1 bath. Lot has ample space for parking 6+ cars. Huge opportunity to live in with rental income potential. No HOA, No CC&R's. Call your favorite Realtor Today! Easy to Show. Owners are Listors.

Last Agent to Sell the Property

Rocky Balala

Island Wide Realty License #RS-82410 Listed on: 10/23/2022

Co-Listed By

Patrick Ihu

Ihu Properties LLC License #RB-19245

Last Buyer's Agent

Gloria Ezera

Fine Island Properties LLC License #RB-23464

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,033

Year Built

  • Built in 1965

Lot Details

  • 7,571 Sq Ft Lot

Interior Spaces

  • 1,748 Sq Ft Home
  • Mountain Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,033

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: Residential
  • District: Kahului
  • Perm To Adv Upcoming1: Yes
  • Perm To Adv Upcoming2: Yes
  • Type: Sf W/Det Ohana Or Cottage
  • View: Mountain
  • Year Built House: 1965
  • Geo Subdivision: HI
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1965

Interior Features

  • Bathrooms: 2
  • Bedrooms: 5
  • Living Area Sq Ft: 1356
  • Ohana Bedrooms: 2
  • Ohana Bathrooms: 1
  • Ohana Living Area Sq Ft: 392
  • Price Per Sq Ft: 572.08
  • Total Living Sq Ft: 1748

Exterior Features

  • Ohana Year Built: 1972

Lot Info

  • Land Acres: 0.1738
  • Land Sq Ft: 7571
  • Geo Address Line: 398 S Papa Ave
  • Geo Primary City: Kahului
  • Geo Quality: 0.95
  • Geo Zoom Level: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2022
Closed on
Jan 26, 2023
Sold by
Balala Rocky Lomboy
Bought by
Cudal Jane and Cudal Eugene
Seller's Agent
Rocky Balala
Island Wide Realty
Buyer's Agent
Gloria Ezera
Fine Island Properties LLC
List Price
$1,050,000
Sold Price
$1,000,000
Premium/Discount to List
-$50,000
-4.76%
Current Estimated Value
$1,162,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,603
Avg. Annual Appreciation
3.98%
Original Mortgage
$950,000
Outstanding Balance
$924,224
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$180,777

Purchase Details

Closed on
Jul 26, 2022
Sold by
Naomi Kusachi
Bought by
K & G Properties Llc

Purchase Details

Closed on
Jun 16, 2022
Sold by
Maculam Zalde L
Bought by
Bank Of New York

Purchase Details

Closed on
Apr 16, 2015
Sold by
Maculam Zalde L and Maculam Lucena
Bought by
Ca Financial Solutions

Purchase Details

Closed on
Oct 28, 2002
Sold by
Makekau Stanley N B and Makekau Stanley
Bought by
Makekau Jeffery N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,900
Interest Rate
6.22%

Purchase Details

Closed on
Sep 23, 2002
Sold by
Tangcay Helen and Pascual George
Bought by
Maculam Zalde L and Maculam Lucena T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,900
Interest Rate
6.22%
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
Cudal Jane -- Old Republic Title
K & G Properties Llc -- Old Republic Title
K & G Properties Llc -- Old Republic Title
Bank Of New York -- Aldridge Pite Llp
Bank Of New York -- Aldridge Pite Llp
Ca Financial Solutions $1,000 None Available
Makekau Jeffery N -- --
Maculam Zalde L $269,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cudal Jane $950,000
Previous Owner Maculam Zalde L $557,600
Previous Owner Maculam Zalde L $69,700
Previous Owner Maculam Zalde L $535,000
Previous Owner Maculam Zalde L $260,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2023 01/31/23 Sold $1,000,000 +0.2% $572 / Sq Ft
12/09/2022 12/09/22 Pending -- -- --
12/01/2022 12/01/22 Price Changed $998,000 -5.0% $571 / Sq Ft
10/23/2022 10/23/22 For Sale $1,050,000 -- $601 / 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 $1,033 $943,800 $579,100 $364,700
2024 $1,033 $874,000 $525,100 $348,900
2023 $3,691 $630,900 $432,400 $198,500
2022 $3,134 $535,800 $355,200 $180,600
2021 $2,759 $506,300 $355,200 $151,100
2020 $2,782 $510,400 $355,200 $155,200
2019 $2,576 $460,000 $308,900 $151,100
2018 $2,379 $430,900 $262,500 $168,400
2017 $2,171 $0 $0 $0
2016 $2,097 $395,600 $239,400 $156,200
2015 $829 $341,000 $200,800 $140,200
2014 $829 $297,600 $169,900 $127,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 397204

Maui MLS (REALTORS® Association of Maui)

APN: 2-3-8-042-009-0000