NOT LISTED FOR SALE

3980 Wailea Ekolu Place Kihei, HI 96753

Estimated Value: $5,828,000 - $7,166,999

4 Beds
4.5 Baths
3,807 Sq Ft
$1,732/Sq Ft Est. Value

Last Sold April 27, 2016

Last sale price $5,300,000 $1,392 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $41,054/month

100 Days on Market

Highlights

  • Ocean View
  • Maid or Guest Quarters
  • Storage
  • Spa
  • Workshop
  • Central Air

About This Home

As of April 2016

Perhaps one of the most exquisite homes ever to be offered in Wailea Golf Estates, this spacious, custom-built home is surrounded by two lush greenbelt acres & boasts astonishing ocean views from each of its rooms. Upon entering, double waterfalls cascade into a stone pool. The home has 4 bedroom suites, the master suite on the main level & 3 on the lower level, which open onto 1,500 sf of covered lanais. An outdoor shower, Viking BBQ, wet bar, Jacuzzi, waterfall & midnight blue, pebble-tiled, saline swimming pool complete the picture. Fully furnished & decorated by an award-winning international designer, the great room & dining room feature original art glass, contemporary Venetian chandelier & wood cabinetry polished to a mirror finish. Electronically controlled glass pocket doors, disappearing solar shades, Bose sound system, 3-zone central air conditioning & 14 ceiling fans add comfort. The Chef's kitchen, designed for entertaining, has SubZero, Decor, Kitchenaid & Bosch appliances & a butler¹s pantry. Gated and private, the home has a GE security system with motion detectors. Designed for the discriminating buyer, this residence features the ultimate in quality materials including the high-gloss, forest green ceramic-tiled roof and PV power system. Just minutes from white sand beaches, resorts, restaurants and shopping.

Last Agent to Sell the Property

Riette Jenkins

Coldwell Banker Island Prop(S) License #RB-17543 Listed on: 11/23/2015

Coldwell Banker Island Prop(S)

Last Buyer's Agent

John Lyle

Coldwell Banker Island Prop(S) License #RB-21143

Coldwell Banker Island Prop(S)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $71,176

Year Built

  • Built in 2000 | Remodeled

Lot Details

  • 0.28 Acre Lot
  • Property fronts a private road
  • Fenced
  • Gentle Sloping Lot
  • Sprinkler System

Parking

  • 2 Car Garage

Interior Spaces

  • Entryway
  • Workshop
  • Storage
  • Ocean Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Maid or Guest Quarters
  • 4.5 Bathrooms

Additional Features

  • Spa
  • Central Air

Home Details

Home Type

Single Family

Est. Annual Taxes

$71,176

Year Built

Built in 2000 | Remodeled

Lot Details

0

Listing Details

  • Class: Residential
  • District: Wailea/Makena
  • Other Features: Storage, Workshop, Maids Quarters, Remodeled, Lawn Sprinkler, Wall/Fence, Entry, Spa/Hot Tub
  • Roads: Paved, Private
  • Type: Single Family
  • View: Ocean
  • Year Built House: 2000
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2000

Interior Features

  • Bathrooms: 4.5
  • Bedrooms: 4
  • Living Area Sq Ft: 3807

Exterior Features

  • Covered Lanai Deck Sq Ft House: 1920

Garage/Parking

  • Garage: Yes
  • Number of Car Spaces: 2

Utilities

  • Central Air Conditioning: Yes

Lot Info

  • County Zoning: R-2 Residential
  • Land Acres: 0.2844
  • Land Sq Ft: 12388
  • State Zoning: Urban
  • Topography: Gentle Slope

Tax Info

  • Taxes Per Month: 2159.44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2015
Closed on
Mar 24, 2016
Sold by
Ogilvie Brian Hugh and Ogilvie Kimberly Ann
Bought by
Jorden Thomas E and Jorden Tamara Jacks
Seller's Agent
Riette Jenkins
Coldwell Banker Island Prop(S)
Buyer's Agent
John Lyle
Coldwell Banker Island Prop(S)
List Price
$6,700,000
Sold Price
$5,300,000
Premium/Discount to List
-$1,400,000
-20.9%
Current Estimated Value
$6,592,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,292,333
Avg. Annual Appreciation
2.35%
Original Mortgage
$3,445,000
Outstanding Balance
$1,531,362
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$5,060,971

Purchase Details

Closed on
Jun 27, 2011
Sold by
Whelan Daniel R and Whelan Bella Levin
Bought by
Ogilvie Brian Hugh and Ogilvie Kimberly Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 17, 2005
Sold by
Whelan Daniel Robert and Whelan Bella Levin
Bought by
Whelan Daniel R and Whelan Bella Levin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.97%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 16, 2005
Sold by
Whelan Daniel Robert and Whelan Bella Levin
Bought by
Whelan Daniel R and Whelan Bella Levin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,466,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 24, 2003
Sold by
Whelan Daniel Robert and Whelan Bella
Bought by
Whelan Dan R and Whelan Bella Levin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,435,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
May 12, 2003
Sold by
Suzuhiko Sogyo Co Ltd
Bought by
Whelan Daniel Robert and Whelan Bella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,435,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

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

Purchase Details

Closed on
Jun 17, 1996
Sold by
Rixey Thomas Dyer
Bought by
Suzuhiko Sogyo Co Ltd
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
Jorden Thomas E $5,300,000 Fntic
Ogilvie Brian Hugh $5,100,000 Fntic
Whelan Daniel R -- Fntic
Whelan Daniel Robert -- Fntic
Whelan Daniel R -- Fntic
Whelan Daniel Robert -- Fntic
Whelan Dan R -- --
Whelan Daniel Robert $2,050,000 --
Makekau Jeffery N -- --
Suzuhiko Sogyo Co Ltd $2,400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jord Thomas E $1,000,000
Open Jorden Thomas E $3,445,000
Previous Owner Ogilvie Brian Hugh $1,500,000
Previous Owner Whelan Daniel Robert $500,000
Previous Owner Whelan Daniel Robert $2,466,000
Previous Owner Whelan Daniel Robert $1,435,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2016 04/27/16 Sold $5,300,000 -20.9% $1,392 / Sq Ft
03/02/2016 03/02/16 Pending -- -- --
11/23/2015 11/23/15 For Sale $6,700,000 -- $1,760 / 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 $71,176 $8,120,000 $3,881,600 $4,238,400
2024 $71,176 $6,450,400 $2,414,500 $4,035,900
2023 $54,605 $6,160,400 $2,124,800 $4,035,600
2022 $45,056 $5,396,500 $1,738,400 $3,658,100
2021 $36,793 $5,024,800 $1,641,900 $3,382,900
2020 $33,344 $5,086,800 $1,641,900 $3,444,900
2019 $28,244 $5,043,600 $1,736,600 $3,307,000
2018 $30,722 $5,565,500 $2,414,500 $3,151,000
2017 $29,415 $0 $0 $0
2016 $27,539 $5,196,100 $2,329,000 $2,867,100
2015 $2,780 $4,918,300 $2,330,800 $2,587,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 367269

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-1-022-018-0000