NOT LISTED FOR SALE

4057 Lower Honoapiilani Rd Unit 227 Lahaina, HI 96761

Estimated Value: $982,000 - $1,393,000

2 Beds
2 Baths
85,378 Sq Ft
1.96 Acres

Last Sold March 23, 2018

Last sale price $700,000 $8 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $7,351/month

57 Days on Market

Highlights

  • Ocean Front
  • 1.96 Acre Lot
  • Outdoor Grill
  • Heated In Ground Pool
  • Security Guard
  • Laundry Facilities

About This Home

As of March 2018

Rare opportunity to get this close the waters edge....spectacular ocean front location just one unit from the ocean! Watch the waves, turtles and whales from the oceanfront living room, private lanai or even while in the kitchen. Unit 227 is a prime location at the Mahina Surf, a low density (only 56 units) oceanfront tropical paradise. Discover the relaxing and uncrowded atmosphere that keeps guests coming back year after year. This second floor two bedroom, two bath condo has spectacular views of sunsets, lush landscaping, tropical foliage, and exceptionally manicured grounds. The Mahina Surf is a low density complex and has a beautiful ocean front heated saline pool, three ocean front BBQ's and laundry room facilities. Large, green sea turtles live out front and whales swim by in the winter. Unit 227 features extra wide inside unit stairs, wired smoke detectors in each bedroom with battery backup, wall mirror in the front room to fully capture the ocean views, sleeping for 6, Moen kitchen and bathroom facets, two walk-in tiled showers, main floor fully tiled, stone kitchen and bathroom counter top, all brand new kitchen appliances, and Hawaiian decor. The main floor bedroom has a Queen sized bed and TV/BluRayDVD. The second floor loft bedroom has a King sized bed. There is a new Queen sized sofa sleeper in the living room. Both bedrooms and the living room all have attractive and quiet ceiling fans. Both bathrooms have ceiling fans as well. The kitchen has fabulous views with direct ocean front views of the waves and blue ocean. All the appliances were replaced in September 2013 including a very quiet dishwasher so you can hear the surf! Many upgrades include top of the line Silestone quartz counter tops and dishes & flatware from Macy's. Mahina Surf is just a short walk away from Kahana beach. The beautiful beaches of Kapalua or Kaanapali are just a few minutes drive to the north or south of the Mahina Surf. Great snorkeling directly at the Mahina Surf oceanfront or at Kapalua and just a little further north at Mokuleia Bay (Slaughterhouse Beach) near mile marker 32 and Honolua Bay near mile marker 33. Currently in the strong on-site rental program with many repeat guests! Call for a showing today! Hanging turtle quilt is not included in the inventory. Loft may be non-conforming and may not match county records although has been structurally certified by an architect. Buyers should conduct their own due diligence.

Last Agent to Sell the Property

Tammy Soares

Maui Island Living, Inc. License #RB-19875 Listed on: 11/10/2017

Last Buyer's Agent

Kelly Lovato

Maui Luxury Realty LLC License #RB-22916

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,800

Year Built

  • Built in 1969

Lot Details

  • 1.96

Home Design

  • Entry on the 2nd floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Heated In Ground Pool
  • Outdoor Grill

Additional Features

  • Ocean Views
  • Ocean Front

Community Details

  • Mahina Surf Community
  • Laundry Facilities
  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,800

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Class: Condominium
  • District: Napili/Kahana/Honokowai
  • Other Features: Bar-B-Que, Security Guard, Community Laundry
  • Type: Condo
  • View: Ocean
  • Unit: 227
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Bathrooms: 2
  • Bedrooms: 2
  • Living Area Sq Ft: 750
  • Floor Level: 2

Exterior Features

  • Pool: Yes
  • Waterfront: Oceanfront
  • Pool Type: In-Ground, Heated

Condo/Co-op/Association

  • Complex Name: Mahina Surf
  • Monthly Maintenance Fee: 929

Lot Info

  • Land Acres: 1.96
  • Land Sq Ft: 85378

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2017
Closed on
Mar 19, 2018
Sold by
West Owen D and West Doreen E
Bought by
Salimov Parviz and Salimova Mehriban
Seller's Agent
Tammy Soares
Maui Island Living, Inc.
Buyer's Agent
Kelly Lovato
Maui Luxury Realty LLC
List Price
$795,000
Sold Price
$700,000
Premium/Discount to List
-$95,000
-11.95%
Current Estimated Value
$1,125,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$425,713
Avg. Annual Appreciation
6.45%
Original Mortgage
$490,000
Outstanding Balance
$414,694
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$711,019

Purchase Details

Closed on
Jul 1, 2006
Sold by
West Owen D
Bought by
West Owen D and West Doreen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
6.66%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 30, 2006
Sold by
Hope Bruce and Hope Joan
Bought by
West Owen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
6.66%
Mortgage Type
Unknown
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
Salimov Parviz $700,000 Fntic
West Owen D -- Tg
West Owen D $750,000 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salimov Parviz $490,000
Previous Owner West Owen D $568,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2018 03/23/18 Sold $700,000 -11.9% $8 / Sq Ft
01/06/2018 01/06/18 Pending -- -- --
11/10/2017 11/10/17 For Sale $795,000 -- $9 / 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 $16,800 $1,299,500 $342,800 $956,700
2024 $16,800 $1,318,500 $342,800 $975,700
2023 $9,812 $940,000 $342,800 $597,200
2022 $9,812 $828,000 $172,500 $655,500
2021 $9,316 $838,400 $156,800 $681,600
2020 $8,492 $766,400 $156,800 $609,600
2019 $7,612 $708,100 $142,600 $565,500
2018 $6,045 $651,400 $129,600 $521,800
2017 $5,779 $0 $0 $0
2016 $5,640 $647,500 $123,100 $524,400
2015 $4,052 $754,900 $123,100 $631,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 376275

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-3-009-005-0055