NOT LISTED FOR SALE

42 Kaalele Place Kula, HI 96790

Estimated Value: $1,952,000 - $2,659,000

4 Beds
4 Baths
3,472 Sq Ft
$683/Sq Ft Est. Value

Last Sold July 01, 2021

Last sale price $1,950,000 $562 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $14,878/month

6 Days on Market

Highlights

  • Mountain View
  • Den
  • Laundry Room
  • Wood Flooring
  • Fireplace
  • Chandelier

About This Home

As of July 2021

ABSOLUTELY STUNNING, BRAND NEW 4 bedroom, 4 bathroom, 3,427 sq.ft custom quality built home with 10 ft ceilings thought, an exquisite bonus room for extended family or guests and this 3-car garage! Nestled on the slopes of Haleakala at the 2700 foot elevation, you can enjoy the crisp, clean upcountry air, pleasant temperatures and amazing unobstructed bi-costal ocean and mountain views year-round. Located at the very top of The Ridge at Kulamanu Subdivision within a cul-de-sac is this gorgeous home with tremendous curb appeal. Finishes include; hand scraped Acacia wood flooring, marble and porcelain tile in the bathrooms and showers, natural quartzite stone countertops in kitchen, quartz countertops in bathrooms, majestic gas fireplace, teak trim wood in stairwell, Monogram stainless appliances with gas stove, lava stone tile on outside columns, Knotwood aluminum railings, 10ft ceilings throughout with 9ft doors, Alta roll up shades; automatic in master and staircase. There is an outdoor shower, recirculating pump for semi-instant hot water, 2 car chargers in the garage, fully irrigated with massive boulders that line this beautifully landscaped 11,386 sq.ft parcel.

Last Agent to Sell the Property

Jo-Ann Aki

Emerald Club Realty Inc License #RS-30734 Listed on: 04/19/2021

Last Buyer's Agent

Erica Haleakala

Hawaii Life (W) License #RB-23571

Hawaii Life (W)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,877

Year Built

  • Built in 2020

Lot Details

  • 0.26 Acre Lot
  • Property fronts a private road
  • Gentle Sloping Lot
  • Sprinkler System

HOA Fees

  • $75 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Double Stud Wall

Interior Spaces

  • 3,472 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Chandelier
  • Fireplace
  • Blinds
  • Dining Area
  • Den
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • Automatic Garage Door Opener

Utilities

  • Underground Utilities
  • Septic Tank
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,877

Year Built

Built in 2020

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Class: Residential
  • District: Kula/Ulupalakua/Kanaio
  • Other Features: Lawn Sprinkler
  • Perm To Adv Upcoming1: Yes
  • Perm To Adv Upcoming2: Yes
  • Roads: Paved, Private
  • Type: Single Family
  • View: Mountain/Ocean
  • Year Built House: 2020
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2020

Interior Features

  • Flooring: Wood, Tile
  • Additional Rooms: Den/Study, Dining Area, Laundry Room
  • Bathrooms: 4
  • Bedrooms: 4
  • Included: Auto Garage Door Opener, Blinds, Ceiling Fan(s), Chandelier/Swag Lamp, Dishwasher, Disposal, Dryer, Fireplace, Microwave, Range, Refrigerator, Smoke/Heat Detector, Tv Cable, Washing MacHine
  • Living Area Sq Ft: 3472
  • Price Per Sq Ft: 561.64
  • Total Living Sq Ft: 3472

Exterior Features

  • Construction Data: Double Wall, Wood Frame
  • Covered Lanai Deck Sq Ft House: 277
  • Design And Structure: 2 Story
  • Exterior Finish: Wood
  • Roofing: Asphalt/Comp Shingle
  • Substructure: Concrete Slab

Garage/Parking

  • Garage: Yes
  • Number of Car Spaces: 3
  • Garage Parking Sq Ft House: 999

Utilities

  • Sewer: Septic Tank
  • Utilities To Site: County Water, County Water Meter Ins, Underground Electricity, Telephone, Tv Cable

Condo/Co-op/Association

  • Association Fees Frequency: Monthly
  • Association Fees: 75
  • Association Manager: Kulamanu Association

Schools

  • Elementary School: Kula Elementary
  • Middle School: Samuel E Kalama Intermediate
  • High School: King Kekaulike High

Lot Info

  • Assessed Land Value: 375100
  • General Land Class: Improved Residential
  • Land Acres: 0.2614
  • Land Recorded: Regular
  • Land Sq Ft: 11387
  • Topography: Gentle Slope

Tax Info

  • Taxes Per Month: 170.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2021
Closed on
Jun 23, 2021
Sold by
Wada Steven Shigeo
Bought by
Schaaf Jerry and Wong Charlene
Seller's Agent
Jo-Ann Aki
Emerald Club Realty Inc
Buyer's Agent
Erica Haleakala
Hawaii Life (W)
List Price
$1,995,000
Sold Price
$1,950,000
Premium/Discount to List
-$45,000
-2.26%
Current Estimated Value
$2,477,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$527,213
Avg. Annual Appreciation
5.83%
Original Mortgage
$1,188,000
Outstanding Balance
$1,087,229
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,376,889

Purchase Details

Closed on
Aug 29, 2020
Sold by
Best Laurence Evans and Wada Steven Shigeo
Bought by
Wada Steven Shigeo

Purchase Details

Closed on
Dec 13, 2019
Sold by
Best Laurence Evans
Bought by
Best Laurence Evans and Wada Steven Shigeo

Purchase Details

Closed on
Jan 26, 2019
Sold by
Hawaii King Family L L C
Bought by
Best Laurence Evans

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Schaaf Jerry $1,950,000 Fnt
Wada Steven Shigeo $960,000 Tg
Best Laurence Evans $178,650 Accommodation
Best Laurence Evans $380,000 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaaf Jerry $1,188,000
Previous Owner Wada Steven Shigeo $765,600
Previous Owner Best Laurence Evans $281,250
Previous Owner Best Laurence Evans $281,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2021 07/01/21 Sold $1,950,000 -2.3% $562 / Sq Ft
04/25/2021 04/25/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $1,995,000 -- $575 / 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 $14,877 $2,339,600 $827,700 $1,511,900
2024 $14,877 $2,059,600 $620,800 $1,438,800
2023 $11,109 $1,969,700 $517,300 $1,452,400
2022 $11,109 $1,657,400 $341,400 $1,316,000
2021 $7,567 $1,482,200 $306,200 $1,176,000
2020 $2,044 $375,100 $375,100 $0
2019 $2,001 $357,300 $357,300 $0
2018 $1,959 $354,900 $354,900 $0
2017 $1,936 $0 $0 $0
2016 $1,797 $339,100 $339,100 $0
2015 -- $308,300 $308,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 391170

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-3-023-094-0000