NOT LISTED FOR SALE

40 W Welakahao Rd Kihei, HI 96753

Estimated Value: $1,415,000 - $1,624,705

5 Beds
4 Baths
2,144 Sq Ft
$700/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $875,000 $408 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $8,083/month

25 Days on Market

Highlights

  • Mountain View
  • Tile Flooring
  • Family Room
  • Laundry Room
  • Ceiling Fan
  • Dining Area

About This Home

As of July 2020

What an opportunity to own a home in Central Kihei with a detached Ohana close to the beach. Located in the Halama neighborhood on the NW corner of Welakahao Rd and Alaniu, this is a diamond in the rough with lots of potential as a primary home or investment property. The main house consists of 4 bedrooms upstairs with 2 baths and a laundry room. Downstairs are two 1 bedroom 1 bath Ohanas with their own separate entrances and a shared laundry room. The detached Ohana features 1 bedroom 1 bath with its own laundry area and parking. The detached Ohana is also separately metered. Close to the Azeka Shoppings Centers and both Times Market and Foodland, this is a great multi-unit home for under a million in Kihei.

Last Agent to Sell the Property

Sid Kirkland

Maui Real Estate Advisors LLC License #RB-21537 Listed on: 04/18/2020

Last Buyer's Agent

Luke Teems

Keller Williams Realty Maui-Ki License #RS-82583

Keller Williams Realty Maui-Ki

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,479

Year Built

  • Built in 1961

Lot Details

  • 9,087 Sq Ft Lot
  • Level Lot

Parking

  • 2 Carport Spaces

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2,144 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Family Room
  • Dining Area
  • Mountain Views
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Location

  • Flood Zone Lot

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2390100460000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,479

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: Residential
  • District: Kihei
  • Perm To Adv Upcoming1: Yes
  • Perm To Adv Upcoming2: Yes
  • Roads: Paved
  • Type: Sf W/Det Ohana Or Cottage
  • View: Mountain
  • Year Built House: 1961
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1961

Interior Features

  • Flooring: Carpet, Tile
  • Additional Rooms: Laundry Room
  • Bathrooms: 4
  • Bedrooms: 5
  • Included: Blinds, Ceiling Fan(s), Tv Cable
  • Living Area Sq Ft: 1728
  • Ohana Additional Rooms: Dining Area, Family Room, Laundry Room
  • Ohana Bedrooms: 1
  • Ohana Bathrooms: 1
  • Ohana Living Area Sq Ft: 416
  • Price Per Sq Ft: 408.12
  • Total Living Sq Ft: 2144

Exterior Features

  • Construction Data: Wood Frame
  • Covered Lanai Deck Sq Ft House: 1144
  • Design And Structure: 2 Story
  • Exterior Finish: Wood
  • Ohana Design: 2 Story
  • Ohana Roofing: Asphalt/Comp Shingle
  • Ohana Uncovered Lanai Deck Sq Ft: 200
  • Ohana Year Built: 1986
  • Roofing: Asphalt/Comp Shingle

Garage/Parking

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

Utilities

  • Room AC Number House: 2
  • Sewer: Sewer County, Sewer Connected
  • Ohana Room A C Number: 1
  • Ohana Sewer: Sewer County, Sewer Connected
  • Ohana Utilities To Site: County Water, Overhead Electricity, Telephone, Tv Cable
  • Utilities To Site: County Water, Overhead Electricity, Telephone, Tv Cable

Lot Info

  • County Zoning: R-3 Residential
  • Flood Zone: Yes
  • General Land Class: Improved Residential
  • Land Acres: 0.2086
  • Land Sq Ft: 9087
  • Topography: Level

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 2390100460000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2023
Sold by
Mattfeld Paul Allen
Bought by
Buck Kelci Joyce
Current Estimated Value
$1,501,426

Purchase Details

Listed on
Apr 18, 2020
Closed on
Jul 10, 2020
Sold by
Medina Carolyn Frances and Revocable Living Trust Of Caro
Bought by
Mattfeld Paul Allen and Mattfeld Kelci Joyce
Seller's Agent
Sid Kirkland
Maui Real Estate Advisors LLC
Buyer's Agent
Luke Teems
Keller Williams Realty Maui-Ki
List Price
$945,000
Sold Price
$875,000
Premium/Discount to List
-$70,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.96%
Original Mortgage
$765,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2011
Sold by
Medina Carolyn
Bought by
Medina Carolyn Frances and Revocable Living Trust Of Carolyn France

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
Feb 14, 2002
Sold by
Gutierrez Carolyn
Bought by
Gutierrez Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.04%
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
Buck Kelci Joyce -- None Listed On Document
Mattfeld Paul Allen $875,000 Fnt
Medina Carolyn Frances -- Fidelity National Title Ins
Makekau Jeffery N -- --
Gutierrez Carolyn -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mattfeld Paul Allen $765,500
Previous Owner Gutierrez Carolyn $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2020 07/31/20 Sold $875,000 -7.4% $408 / Sq Ft
05/13/2020 05/13/20 Pending -- -- --
04/18/2020 04/18/20 For Sale $945,000 -- $441 / 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 $1,479 $1,501,000 $1,090,300 $410,700
2024 $1,479 $1,121,800 $726,900 $394,900
2023 $5,285 $989,100 $590,600 $398,500
2022 $5,285 $903,400 $545,200 $358,200
2021 $4,587 $837,600 $517,900 $319,700
2020 $4,119 $755,800 $517,900 $237,900
2019 $3,745 $668,800 $436,100 $232,700
2018 $3,627 $657,100 $436,100 $221,000
2017 $3,585 $0 $0 $0
2016 $3,024 $570,600 $363,400 $207,200
2015 -- $494,400 $308,900 $185,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 386773

Maui MLS (REALTORS® Association of Maui)

APN: 2-3-9-010-046-0000