$700,000
SOLD MAY 3, 2021

40 Kuinehe Place Unit 15 Makawao, HI 96768

3 Beds
2.5 Baths
278,218 Sq Ft
6 Acres

Recently Sold

$3 Per Sq Ft

8% Above List Price

4 Days on Market

Highlights

  • 6.39 Acre Lot
  • Den
  • Central Air
  • Furnished
  • Tile Flooring
  • 3-minute walk to Kulamalu Park

About This Home

As of May 2023

The Cottages at Kulamalu are a gem in upcountry Maui. With limited inventory, this is a fantastic opportunity to find yourself in a wonderful neighborhood with many convenient features. Tucked in a quiet area just off of Lower Kula Highway, The Cottages are a modern community that maintain the feeling of a small town where neighbors still wave to each other. This incredibly well-maintained 3 bed/2.5 bath home, with an attached 2-car garage, is located a short walk from Longs, Anytime Fitness, and a Pilates and wellness center. A fantastic farmer’s market sets up every Saturday, as well, right next to the fields and park. At the elevation of the Cottages, temperatures remain cooler, while still being just 20 minutes from beaches, downtown, and the airport. The future Kulamalu Town Center, which will host a brewery, restaurant, and other businesses, is coming soon right outside your front door. Utilize one of the spare bedrooms as a guest room or as a home office and still have two additional bedrooms for living. You can also look forward to enjoying a BBQ in the private yard behind the house. As a bonus, this property is being sold with all furniture and accessories in the home, including everything down to the pots and pans in the kitchen. Perfect for a move-in ready living situation or as a long-term rental unit to earn income. This home is situated perfectly for use as a home office or for that perfect tenant. HOA fees cover the cost of exterior house painting, trash pickup, water, sewer, and landscaping. The home owner is responsible for maintaining their own private yard. However, irrigation is already installed, and the yard is fenced for privacy.

Last Agent to Sell the Property

Ryan MacLaughlin

Island Sotheby's Int'l Rlty(W) License #RB-21325 Listed on: 03/15/2021

Island Sotheby's Int'l Rlty(W)

Co-Listed By

Erik McLellan

Island Sotheby's Int'l Rlty(W) License #RS-83334

Last Buyer's Agent

Al Chiarella

Coldwell Banker Island Prop(P) License #RB-14684

Coldwell Banker Island Prop(P)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,932

Year Built

  • Built in 2009

Home Design

  • Semi-Detached or Twin Home
  • Slab Foundation
  • Asphalt Shingled Roof
  • Wood Siding
  • Double Stud Wall

Interior Spaces

  • Furnished
  • Ceiling Fan
  • Blinds
  • Family Room
  • Den

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Utilities

  • Central Air
  • Underground Utilities
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2230080440000

Community Details

Overview

  • Property has a Home Owners Association
  • Low-Rise Condominium
  • Cottages At Kulamalu Community

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,932

Year Built

Built in 2009

Lot Details

0

Listing Details

  • District: Pukalani
  • Type: Condo
  • Unit: 15
  • Unit Configuration: Semi-Attached (2 Units In Building)
  • Year Built: 2009
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Tile, Laminate
  • Additional Rooms: Den/Study, Family Room
  • Bathrooms: 2.5
  • Bedrooms: 3
  • Included: Auto Garage Door Opener, Blinds, Ceiling Fan(s), Dishwasher, Disposal, Dryer, Furnished, Kitchen Ware, Microwave, Range, Refrigerator, Tv Cable, Washing MacHine
  • Living Area Sq Ft: 1346
  • Price Per Sq Ft: 520.06
  • Floor Level: 1

Exterior Features

  • Construction Data: Double Wall
  • Design And Structure: Low-Rise 1-3 Stories
  • Exterior Finish: Wood
  • Roofing: Asphalt/Comp Shingle
  • Substructure: Concrete Slab

Garage/Parking

  • Garage: Yes
  • Garage Number Of Cars: 2
  • Garage Parking Sq Ft: 420

Utilities

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

Condo/Co-op/Association

  • Other Monthly Fees: Maintenance Fees, Associated Fee
  • Complex Name: Cottages At Kulamalu
  • Monthly Maintenance Fee: 526.44

Lot Info

  • County Zoning: A-2 Apartment District
  • General Land Class: Apartment
  • Land Acres: 6.387
  • Land Sq Ft: 278218
  • State Zoning: Urban

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 2230080440000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2023
Closed on
May 8, 2023
Sold by
Debra L Caswell Revocable Living Trust
Bought by
40 Kuinehe Llc
Seller's Agent
Al Chiarella
Coldwell Banker Island Prop(P)
Buyer's Agent
Dano Sayles
Coldwell Banker Island Prop(S)
List Price
$899,000
Sold Price
$899,000
Current Estimated Value
$973,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,742
Avg. Annual Appreciation
3.82%

Purchase Details

Listed on
Mar 15, 2021
Closed on
Apr 23, 2021
Sold by
Rez Fernc and Ricci Sabra Victoria
Bought by
Caswell Debra L and Caswell Debra L
Seller's Agent
Ryan MacLaughlin
Island Sotheby's Int'l Rlty(W)
Buyer's Agent
Al Chiarella
Coldwell Banker Island Prop(P)
List Price
$650,000
Sold Price
$700,000
Premium/Discount to List
$50,000
7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.05%

Purchase Details

Closed on
Jun 28, 2011
Sold by
D R Horton Schuler Homes Llc
Bought by
Rez Ferenc and Ricci Sabra Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,476
Interest Rate
4.55%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Deed -- Fidelity National Title
Deed $700,000 Fnt
Deed $344,000 Tg
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $400,000 New Conventional
Previous Owner $356,476 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2023 05/16/23 Sold $899,000 0.0% $3 / Sq Ft
04/03/2023 04/03/23 Pending -- -- --
04/03/2023 04/03/23 For Sale $899,000 +28.4% $3 / Sq Ft
05/03/2021 05/03/21 Sold $700,000 +7.7% $3 / Sq Ft
03/19/2021 03/19/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $650,000 -- $2 / 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 $1,932 $943,800 $170,500 $773,300
2024 $1,932 $844,000 $170,500 $673,500
2023 $4,848 $828,700 $170,500 $658,200
2022 $3,595 $614,500 $170,500 $444,000
2021 $3,388 $621,700 $170,500 $451,200
2020 $3,510 $644,000 $170,500 $473,500
2019 $3,889 $616,400 $170,500 $445,900
2018 $2,967 $470,200 $170,500 $299,700
2017 $2,888 $0 $0 $0
2016 $247 $412,400 $134,000 $278,400
2015 $954 $385,200 $134,000 $251,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 390748

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-3-008-044-0015