$299,000
SOLD AUG 21, 2025

40 Kapi Ln Unit 17206 Wailuku, HI 96793

1 Bed
1 Bath
543 Sq Ft
9.1 Acres

Recently Sold

$551 Per Sq Ft

31% Below List Price

125 Days on Market

Highlights

  • Ocean View
  • Lanai
  • No Heating
  • 9.1 Acre Lot

About This Home

As of August 2025

WHY RENT WHEN YOU CAN OWN FOR ABOUT THE SAME PRICE. Iao Parkside 1 bedroom 1 Bathroom Unit. FIXER UPPER Great 1st home buyers opportunity or investor opportunity, located centrally in the heart of Maui. Ocean view. Fee Simple. PETS ALLOWED. Ready to move in with a little paint, and a few odd items Priced to sell well below comps in area. Hurry , this unit will not last long with this price.

Last Agent to Sell the Property

Lars Bertelsen

Beach Properties Maui LLC License #RB-24006 Listed on: 02/20/2025

Last Buyer's Agent

Kari Seiler

HomeSmart Island Homes License #RB-23841

HomeSmart Island Homes

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1993

Parking

  • 1 Open Parking Space

Interior Spaces

  • 543 Sq Ft Home
  • Ocean Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Additional Features

  • Lanai
  • No Heating

Community Details

  • Iao Parkside I Community
  • Iao Parkside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2340300140164

Property Details

Home Type

Condominium

Year Built

Built in 1993

Lot Details

0

Listing Details

  • View: Ocean
  • Year Built: 1993
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Iao Parkside
  • Carport Y N: No
  • Garage Yn: No
  • LivingArea: 543
  • Property Attached Yn: Yes
  • Special Features: None

Interior Features

  • Total Bedrooms: 1

Exterior Features

  • Acres: 9.1
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Patio And Porch Features: Covered Lanai/Deck

Garage/Parking

  • Open Parking Spaces: 1
  • Open Parking: Yes

Utilities

  • HeatingYN: No

Lot Info

  • Lot Size Sq Ft: 396396
  • ResoLotSizeUnits: Acres
  • Parcel #: 2340300140164

Green Features

Multi Family

  • Building Area Units: Square Feet

Tax Info

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2025 08/21/25 Sold $299,000 0.0% $551 / Sq Ft
06/25/2025 06/25/25 Pending -- -- --
06/23/2025 06/23/25 Price Changed $299,000 -14.3% $551 / Sq Ft
06/16/2025 06/16/25 Price Changed $349,000 -12.5% $643 / Sq Ft
06/10/2025 06/10/25 Price Changed $399,000 -8.3% $735 / Sq Ft
02/20/2025 02/20/25 For Sale $435,000 -- $801 / 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 $300 $477,100 $42,700 $434,400
2024 $300 $454,200 $36,000 $418,200
2023 $300 $409,800 $36,000 $373,800
2022 $350 $295,900 $31,300 $264,600
2021 $350 $281,200 $30,300 $250,900
2020 $400 $261,400 $30,300 $231,100
2019 $400 $244,600 $30,300 $214,300
2018 $400 $218,300 $30,300 $188,000
2017 $400 $0 $0 $0
2016 $3 $199,300 $26,500 $172,800
2015 $150 $162,100 $33,200 $128,900
Source: Public Records

Agents Affiliated with this Home

  • Lars Bertelsen

    Seller's Agent in 2025

    Lars Bertelsen

    Beach Properties Maui LLC

    (808) 385-0353

    3 in this area

    11 Total Sales

    Lars Bertelsen
    Section Image
  • Kari Seiler

    Buyer's Agent in 2025

    Kari Seiler

    HomeSmart Island Homes

    (808) 276-0881

    8 in this area

    17 Total Sales

    Kari Seiler
    Section Image
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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 405022

Maui MLS (REALTORS® Association of Maui)

APN: 2-3-4-030-014-0164

Hawaii Maui County Wailuku 96793

40 Kapi Ln Unit 17206, Wailuku, HI

Sold

Condos

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