NOT LISTED FOR SALE

40 Ololi Place Wailuku, HI 96793

Waikapu Neighborhood

Estimated Value: $1,002,893 - $1,191,000

3 Beds
1 Bath
1,580 Sq Ft
$689/Sq Ft Est. Value

Last Sold April 22, 2022

Last sale price $850,000 $538 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $6,120/month

9 Days on Market

About This Home

As of April 2022

Excellent opportunity for large extended families or an investor. 40 Ololi Place is a single level home consisting of a 3-bedroom, 1-bathroom main home and a 2-bedroom, 1.5-bathroom ohana with separate entrances. The 8,773 SqFt lot provides a large backyard with mountain views and allows for the potential to build an additional dwelling. Attached 2-car carport along with plenty of space for additional parking. This home is move-in ready for a large family or can be rented out with great cashflow potential for investors. Located just off of Highway 30 in Waikapu, 40 Ololi Place is centrally located, minutes from the hospital, shopping and businesses in central Maui. Easy commute to West or South Maui. Room and square footage differ from county records. This is one of the very best opportunities in all of central Maui. Vacant and very easy to show.

Last Agent to Sell the Property

Akin Jones

Berkshire Hathaway Maui Prop-L License #RS-70876 Listed on: 02/01/2022

Co-Listed By

Alex de Sousa Pinto

Berkshire Hathaway HI Isl Prop License #RB-23200

Last Buyer's Agent

Donna Ting

Tri-Isle Rlty & Dev Co Inc License #RB-07198

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $786

Year Built

  • Built in 1963

Lot Details

  • 8,773 Sq Ft Lot

Parking

  • 2 Carport Spaces

Interior Spaces

  • 1,580 Sq Ft Home
  • Mountain Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$786

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: Residential
  • District: Wailuku
  • Perm To Adv Upcoming1: Yes
  • Perm To Adv Upcoming2: Yes
  • Type: Single Family W/Att Ohana
  • View: Mountain
  • Year Built House: 1963
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 1963
  • Year Renovated: 2021

Interior Features

  • Bathrooms: 1
  • Bedrooms: 3
  • Living Area Sq Ft: 880
  • Master Bedroom Ground Floor: Yes
  • Ohana Bedrooms: 2
  • Ohana Bathrooms: 1.5
  • Ohana Living Area Sq Ft: 700
  • Price Per Sq Ft: 537.97
  • Total Living Sq Ft: 1580

Garage/Parking

  • Carport: Yes
  • Carport Number Of Cars House: 2

Lot Info

  • Land Acres: 0.2014
  • Land Sq Ft: 8773

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2022
Closed on
Apr 7, 2022
Sold by
Declaration Of Revocable Trust
Bought by
Hostler Isaac Eli and Hostler Kathlyn Palas
Seller's Agent
Akin Jones
Berkshire Hathaway Maui Prop-L
Buyer's Agent
Donna Ting
Tri-Isle Rlty & Dev Co Inc
List Price
$895,000
Sold Price
$850,000
Premium/Discount to List
-$45,000
-5.03%
Current Estimated Value
$1,105,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,799
Avg. Annual Appreciation
7.87%
Original Mortgage
$817,000
Outstanding Balance
$769,586
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$321,844

Purchase Details

Closed on
Dec 18, 2006
Sold by
Nobriga Alvin T and Van Ritchie Kim
Bought by
Vanritchie Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
7.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 20, 2006
Sold by
Haddin Jerry D and Haddin Santiago Corinne H
Bought by
Nobriga Alvin T and Van Ritchie Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
7.8%
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
Nov 1, 1999
Sold by
Santiago Alfred and Santiago Caroline F
Bought by
Haddin Jerry D and Haddin Corinne H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
8.09%

Purchase Details

Closed on
Sep 16, 1999
Sold by
Santiago Alfred and Santiago Caroline F
Bought by
Santiago Alfred and Santiago Caroline F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
8.09%
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
Hostler Isaac Eli $850,000 Fidelity National Title
Hostler Isaac Eli $850,000 Fidelity National Title
Vanritchie Kim $1,000 Accommodation
Vanvanritchie Kim Van -- Accommodation
Nobriga Alvin T $555,000 Tg
Makekau Jeffery N -- --
Haddin Jerry D -- --
Santiago Alfred -- First Hawaii Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hostler Isaac Eli $817,000
Closed Hostler Isaac Eli $817,000
Previous Owner Nobriga Alvin T $444,000
Previous Owner Nobriga Alvin T $111,000
Previous Owner Nobriga Alvin T $444,000
Previous Owner Santiago Alfred $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2022 04/22/22 Sold $850,000 -5.0% $538 / Sq Ft
02/10/2022 02/10/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $895,000 -- $566 / 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 $786 $852,400 $670,100 $182,300
2024 $786 $736,800 $565,100 $171,700
2023 $726 $681,900 $508,600 $173,300
2022 $2,543 $434,700 $339,100 $95,600
2021 $2,335 $428,500 $339,100 $89,400
2020 $2,348 $430,900 $339,100 $91,800
2019 $2,392 $427,200 $339,100 $88,100
2018 $2,004 $363,000 $266,400 $96,600
2017 $1,941 $0 $0 $0
2016 $1,667 $314,500 $226,000 $88,500
2015 $1,849 $228,900 $148,400 $80,500
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Akin Jones

    Berkshire Hathaway Maui Prop-L

    Section Image
  • Alex de Sousa Pinto

    Seller Co-Listing Agent in 2022

    Alex de Sousa Pinto

    Berkshire Hathaway HI Isl Prop

    (808) 205-8127

    1 in this area

    34 Total Sales

    Section Image
  • Donna Ting

    Buyer's Agent in 2022

    Donna Ting

    Tri-Isle Rlty & Dev Co Inc

    (808) 244-7441

    1 in this area

    36 Total Sales

    Section Image
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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 394575

Maui MLS (REALTORS® Association of Maui)

APN: 2-3-6-007-029-0000

Hawaii Maui County Wailuku 96793 Waikapu

40 Ololi Place, Wailuku, HI

This home is located at 40 Ololi Place, Wailuku, HI 96793 since 01 February 2022 and is currently estimated at $1,088,473, approximately $688 per square foot. This property was built in 1963. 40 Ololi Place is a home located in Maui County with nearby schools including Puu Kukui Elementary School, Maui Waena Intermediate School, and Maui High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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