NOT LISTED FOR SALE

4000 Wailea Alanui Dr Unit 504 Kihei, HI 96753

Estimated Value: $6,360,284 - $8,344,000

3 Beds
5 Baths
1,149,984 Sq Ft
1986 Built

Last Sold March 24, 2017

Last sale price $4,450,000 $4 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $48,876/month

772 Days on Market

Highlights

  • Ocean Front
  • 26.4 Acre Lot
  • Home Gym
  • Heated Lap Pool
  • Clubhouse
  • Security Guard

About This Home

As of March 2017

Stunning oceanfront location. Southwesterly ocean views toward Molokini Island & the South Maui coastline. Large 2-story "mezzanine" floor plan. Beautifully improved interior with Merbau floors, modern lighting, and superbly designed, electrically operated glass lanai enclosures and shades. Hawaii's finest condo development, with exceptional construction quality, incomparable recreational amenities and low density of just over 4 units per acre. There is no finer place from which to fully enjoy all the many wonders of Wailea. On the two top floors of the building. Located in Phase I, 75 feet from the ocean, and just steps to Wailea Beach, Four Seasons, and the "quiet" pool & pavilion. Protected from the trades ... An idyllic Wailea property priced lower than the most recent oceanfront comp.

Last Agent to Sell the Property

Dave Wagner

Wailea Point Realty, Inc. License #RB-15525 Listed on: 01/07/2015

Last Buyer's Agent

Nancy J. Callahan

Coldwell Banker Island Prop(S) License #RB-16250

Coldwell Banker Island Prop(S)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $114,958

Year Built

  • Built in 1986

Lot Details

Parking

  • 1 Car Garage

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • Home Gym
  • Ocean Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 5 Bathrooms

Pool

  • Heated Lap Pool
  • Heated In Ground Pool

Utilities

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

Additional Features

  • Outdoor Grill
  • Ocean Front

Community Details

Amenities

  • Clubhouse
  • Party Room

Pet Policy

  • Pets Allowed

Recreation

  • Tennis Courts

Additional Features

  • Wailea Point Community
  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$114,958

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: Condominium
  • District: Wailea/Makena
  • Other Features: Tennis Court, Exercise Room, Club House, Bar-B-Que, Security Guard, Party Room
  • Type: Condo
  • View: Ocean
  • Unit: 504
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Year Built: 1986
  • Year Renovated: 2008
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Bathrooms: 5
  • Bedrooms: 3
  • Living Area Sq Ft: 2807
  • Floor Level: 2

Exterior Features

  • Pool: Yes
  • Waterfront: Oceanfront
  • Pool Type: In-Ground, Heated, Lap
  • Uncovered Lanai Deck Sq Ft: 144

Garage/Parking

  • Garage: Yes
  • Garage Number Of Cars: 1

Utilities

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

Condo/Co-op/Association

  • Association Fees Frequency: Annually
  • Association Manager: WCA
  • Complex Name: Wailea Point
  • Monthly Maintenance Fee: 3306.36

Lot Info

  • County Zoning: H-M Hotel District
  • Land Acres: 26.4
  • Land Sq Ft: 1149984
  • State Zoning: Urban

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes Per Month: 2482.18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2015
Closed on
Mar 20, 2017
Sold by
Teresi Todd Michael and Teresi Jennifer Ellen
Bought by
Teresi Todd Michael and Teresi Jennifer Elle
Seller's Agent
Dave Wagner
Wailea Point Realty, Inc.
Buyer's Agent
Nancy J. Callahan
Coldwell Banker Island Prop(S)
List Price
$4,800,000
Sold Price
$4,450,000
Premium/Discount to List
-$350,000
-7.29%
Current Estimated Value
$7,455,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,005,761
Avg. Annual Appreciation
6.14%

Purchase Details

Closed on
Jun 13, 2005
Sold by
Maxfield Robert R
Bought by
Mms Investment Trust Llc

Purchase Details

Closed on
Feb 25, 2003
Sold by
Tamaki Meriko
Bought by
Maxfield Robert Roy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,925,000
Interest Rate
6.37%

Purchase Details

Closed on
Feb 18, 2003
Sold by
Maxfield Robert Roy
Bought by
Maxfield Robert R and The Robert R Maxfield 1987 Separate Prop

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,925,000
Interest Rate
6.37%
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
Teresi Todd Michael -- Tg
Mms Investment Trust Llc $4,950,000 Tg
Maxfield Robert Roy $4,500,000 --
Maxfield Robert R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maxfield Robert Roy $2,925,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2017 03/24/17 Sold $4,450,000 -7.3% $4 / Sq Ft
02/17/2017 02/17/17 Pending -- -- --
01/07/2015 01/07/15 For Sale $4,800,000 -- $4 / 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 $114,958 $8,030,500 $1,735,100 $6,295,400
2024 $114,958 $8,030,500 $1,735,100 $6,295,400
2023 $87,509 $7,384,700 $1,735,100 $5,649,600
2022 $71,458 $6,030,200 $873,200 $5,157,000
2021 $55,236 $4,941,300 $793,800 $4,147,500
2020 $30,716 $4,706,000 $793,800 $3,912,200
2019 $27,974 $4,433,300 $721,700 $3,711,600
2018 $29,521 $4,678,500 $656,000 $4,022,500
2017 $30,757 $0 $0 $0
2016 $2,821 $4,701,700 $623,200 $4,078,500
2015 $21,243 $4,922,700 $623,200 $4,299,500
Source: Public Records

Agents Affiliated with this Home

  • Dave Wagner

    Seller's Agent in 2017

    Dave Wagner

    Wailea Point Realty, Inc.

    (808) 879-7233

    19 in this area

    21 Total Sales

    Dave Wagner
    Section Image

  • N

    Buyer's Agent in 2017

    Nancy J. Callahan

    Coldwell Banker Island Prop(S)

    (808) 875-6911

    27 in this area

    27 Total Sales

    Nancy J. Callahan
    Section Image
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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 363459

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-1-023-006-0036

Hawaii Maui County Kihei 96753

4000 Wailea Alanui Dr Unit 504, Kihei, HI

Not Listed for Sale

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