NOT LISTED FOR SALE

4025 Lower Honoapiilani Rd Lahaina, HI 96761

Estimated Value: $980,000 - $8,710,000

2 Beds
1 Bath
816 Sq Ft
$6,358/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $5,800,000 $7,108 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $32,252/month

66 Days on Market

Highlights

  • Ocean Front
  • Wood Flooring
  • Workshop
  • 0.86 Acre Lot
  • Home Office
  • Laundry Room

About This Home

As of September 2021

Nearly an acre of OCEANFRONT property, with world-class sunsets and turtles on your beach!? The original owners selected this property because of its sunset view position – centered between Molokai and Lanai for maximum “green flash” opportunities. Add whale watching, passing sailboats, snorkeling, plus the turtles that often visit this beach, and you have a postcard property and an extraordinary life-experience. Oh, and a quick paddle to surf or kayak at “S – Turns”. The privacy gate leads to gorgeous landscaping including a big Zoysia grassy lawn, beautiful rock walls plus mature flowering and fruiting trees including the tastiest mangoes and starfruit. The property is Apartment Zoned, and therefore offers a choice - construct your custom family home or an Apartment Building! Meanwhile, a small, nice home sits on the easterly side of the property. Use this while building? Remodel it and be happy with it as your home, or as your cottage? Plenty of options. Call to reserve your own private viewing.

Last Agent to Sell the Property

Dave Futch

Compass-W License #RS-49802 Listed on: 04/26/2021

Last Buyer's Agent

Christian Marshall

Coldwell Banker Island Prop-KP License #RS-70706

Coldwell Banker Island Prop-KP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $57,915

Year Built

  • Built in 1988

Lot Details

  • 0.86 Acre Lot
  • Ocean Front
  • Property fronts a county road
  • Fenced
  • Gentle Sloping Lot
  • Sprinkler System

Parking

  • 2 Carport Spaces

Home Design

  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Double Stud Wall

Interior Spaces

  • 816 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Dining Area
  • Home Office
  • Workshop
  • Storage Room
  • Ocean Views
  • Fire and Smoke Detector
  • Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Cesspool
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2430090070000

Home Details

Home Type

Single Family

Est. Annual Taxes

$57,915

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: Residential
  • District: Napili/Kahana/Honokowai
  • Other Features: Lawn Sprinkler, Storage, Wall/Fence, Workshop
  • Perm To Adv Upcoming1: Yes
  • Perm To Adv Upcoming2: Yes
  • Roads: County, Paved
  • Type: Single Family
  • View: Ocean
  • Year Built House: 1988
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1988

Interior Features

  • Flooring: Vinyl, Wood
  • Additional Rooms: Dining Area, Laundry Room, Storage Room, Work Space
  • Bathrooms: 1
  • Bedrooms: 2
  • Included: Ceiling Fan(s), Dryer, Range, Refrigerator, Smoke/Heat Detector, Tv Cable, Washing MacHine
  • Living Area Sq Ft: 816
  • Master Bedroom Ground Floor: Yes
  • Price Per Sq Ft: 7107.84
  • Total Living Sq Ft: 816

Exterior Features

  • Construction Data: Double Wall, Wood Frame
  • Covered Lanai Deck Sq Ft House: 52
  • Design And Structure: 1 Story
  • Exterior Finish: Wood
  • Roofing: Asphalt/Comp Shingle
  • Substructure: Post And Pier
  • Waterfront: Oceanfront

Garage/Parking

  • Carport: Yes
  • Carport Number Of Cars House: 2
  • Carport Parking Sq Ft House: 432

Utilities

  • Sewer: Cesspool
  • Utilities To Site: County Water Meter Ins, Overhead Electricity, Tv Cable

Lot Info

  • Assessed Improvement Value: 115400
  • Assessed Land Value: 5518500
  • County Zoning: A-1 Apartment District
  • General Land Class: Apartment, Homeowner, Improved Residential
  • Land Acres: 0.856
  • Land Sq Ft: 37287
  • State Zoning: Urban
  • Topography: Gentle Slope

Tax Info

  • Tax Database Id: 1
  • Taxes Per Month: 3196.17
  • Assessor Parcel Number: 2430090070000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2021
Closed on
Sep 21, 2021
Sold by
Ehlers Richard E and Ehlers Deborah A
Bought by
Augason Mark P and Augason Jennifer K
Seller's Agent
Dave Futch
Compass-W
Buyer's Agent
Christian Marshall
Coldwell Banker Island Prop-KP
List Price
$6,000,000
Sold Price
$5,800,000
Premium/Discount to List
-$200,000
-3.33%
Current Estimated Value
$5,188,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$611,805
Avg. Annual Appreciation
-2.70%
Original Mortgage
$822,375
Outstanding Balance
$748,300
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$4,439,895

Purchase Details

Closed on
Mar 15, 2010
Sold by
Shishido Robert Toshiyuki and Williams Florence Sachie
Bought by
Ehlers Richard E and Ehlers Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,200,000
Interest Rate
5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 10, 2010
Sold by
Maui Land & Pineapple Company Inc
Bought by
Shishido Robert Toshiyuki and Williams Florence Sachie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,200,000
Interest Rate
5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 22, 2004
Sold by
Shishido Yukinobu
Bought by
Shishido Robert Toshiyuki and Williams Florence Sachie

Purchase Details

Closed on
Jan 7, 2003
Sold by
Shishido Yukinobu
Bought by
Shishido Robert Toshiyuki and Williams Florence Sachie

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
Jan 7, 2002
Sold by
Shishido Yukinobu
Bought by
Shishido Robert Toshiyuki and Williams Florence Sachie

Purchase Details

Closed on
Jan 29, 2001
Sold by
Shishido Yukinobu
Bought by
Shishido Robert Toshiyuki and Williams Florence Sachie

Purchase Details

Closed on
Jan 7, 2000
Sold by
Shishido Yukinobu
Bought by
Shishido Robert Toshiyuki and Williams Florence Sachie

Purchase Details

Closed on
Jan 13, 1999
Sold by
Shishido Yukinobu
Bought by
Shishido Robert Toshiyuki and Williams Florence Sachie

Purchase Details

Closed on
Jan 9, 1998
Sold by
Shishido Yukinobu and Shishido Toshie
Bought by
Shishido Robert Toshiyuki and Shishido Robert T

Purchase Details

Closed on
Jan 9, 1997
Sold by
Shishido Yukinobu and Shishido Toshie
Bought by
Shishido Robert Toshiyuki and Williams Florence Sachie

Purchase Details

Closed on
Dec 9, 1996
Sold by
Shishido Yukinobu and Shishido Toshie
Bought by
Shishido Robert T and Caitlin Mariko Uilani Shishido Irrevocab

Purchase Details

Closed on
Oct 24, 1996
Sold by
Shishido Yukinobu and Shishido Toshie
Bought by
Shishido Robert Toshiyuki and Williams Florence Sachie
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
Augason Mark P $5,800,000 Fnt
Ehlers Richard E $4,200,000 Fidelity National Title Ins
Shishido Robert Toshiyuki $1,000 Fidelity National Title Ins
Shishido Robert Toshiyuki -- --
Shishido Robert Toshiyuki -- --
Makekau Jeffery N -- --
Shishido Robert Toshiyuki -- --
Shishido Robert Toshiyuki -- --
Shishido Robert Toshiyuki -- --
Shishido Robert Toshiyuki -- --
Shishido Robert Toshiyuki -- --
Shishido Robert Toshiyuki -- --
Shishido Yukinobu -- --
Shishido Robert T -- --
Shishido Robert Toshiyuki -- --
Shishido Yukinobu -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Augason Mark P $822,375
Previous Owner Ehlers Richard E $3,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2021 09/30/21 Sold $5,800,000 -3.3% $7,108 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
04/26/2021 04/26/21 For Sale $6,000,000 -- $7,353 / 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 $57,915 $5,807,600 $5,667,600 $140,000
2024 $57,915 $5,503,200 $5,369,300 $133,900
2023 $46,371 $5,501,700 $5,369,300 $132,400
2022 $53,680 $6,086,400 $5,965,900 $120,500
2021 $45,225 $6,078,800 $5,965,900 $112,900
2020 $37,119 $5,633,900 $5,518,500 $115,400
2019 $38,354 $6,078,300 $5,965,900 $112,400
2018 $40,721 $6,453,400 $6,338,800 $114,600
2017 $32,726 $0 $0 $0
2016 $3,105 $5,175,500 $5,071,000 $104,500
2015 -- $5,314,800 $5,220,200 $94,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 391258

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-3-009-007-0000