NOT LISTED FOR SALE

425 S Lanai St Kahului, HI 96732

Estimated Value: $1,277,000 - $1,495,000

4 Beds
2 Baths
1,345 Sq Ft
$1,021/Sq Ft Est. Value

Last Sold August 02, 2024

Last sale price $1,400,000 $1,041 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $7,594/month

5 Days on Market

Highlights

  • Solar Power System
  • Furnished
  • 1-Story Property
  • Wood Flooring
  • Views
  • 1-minute walk to Palaau State Park

About This Home

As of August 2024

Must-see house and cottage in an excellent location in Kahului! Total lot size is 10,626 sq ft. Main house is 4 bedroom 2 bath and the cottage is a 2 bedroom 1 bath. The main house is divided into 2 separate 2/1 units and the carport of the cottage has been enclosed to become its own 1/1 unit. That means there is a total of 7 bedrooms and 4 bathrooms divided into 4 separate living spaces. The main house was remodeled in 2015 and the cottage was just completed in 2022 with high ceilings, tasteful design, and modern aesthetics. Photovoltaic on the main house was installed in 2015 and is leased. Investors or multi-generational families do not miss out on this opportunity! Call your favorite realtor today to set up a showing! More photos of property will be uploaded soon. Listing agent is related to seller.

Last Agent to Sell the Property

Christian Dumalanta

Coldwell Banker Island Prop-Ku License #RS-78470 Listed on: 06/17/2024

Coldwell Banker Island Prop-Ku

Last Buyer's Agent

Tracy Kalama

Millennium Realty Inc License #RB-17159

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,325

Year Built

  • Built in 1955

Lot Details

  • 10,624 Sq Ft Lot

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 1,345 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Shelving
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Property Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Solar Power System
  • Solar owned by a third party

Utilities

  • No Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2380110560000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,325

Year Built

Built in 1955

Lot Details

0

Listing Details

  • View: Other
  • Year Built: 1955
  • Property Sub Type: SF w/Det Ohana or Cottage
  • Prop. Type: Residential
  • Fireplace: No
  • Interior Features: Book Shelves, Ceiling Fan(s), Furnished, TV Cable, Ceiling Fan
  • Unit Levels: One
  • LivingArea: 1345
  • Green Power: Solar
  • Roof: Asphalt/Comp Shingle
  • WindowFeatures: Blinds, Drapes
  • Master Plan Zoning: R-1
  • Financial Info Electric: Photovoltaics Third-Party Owned
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 4
  • Master Bedroom Master Bedroom Level: Ground

Exterior Features

  • Acres: 0.2439
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Home Warranty: No
  • Foundation Details: Concrete Slab

Utilities

  • Sewer: Public Sewer
  • HeatingYN: No
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 10624
  • ResoLotSizeUnits: Acres
  • Parcel #: 2380110560000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

  • Building Area Units: Square Feet

Tax Info

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2024
Closed on
Jul 30, 2024
Sold by
Dumalanta Wayne Duque and Dumalanta Teresita Della-V
Bought by
Bamboo Lanai Trust and Lapis Creek Llc
Seller's Agent
Christian Dumalanta
Coldwell Banker Island Prop-Ku
Buyer's Agent
Tracy Kalama
Millennium Realty Inc
List Price
$1,750,000
Sold Price
$1,400,000
Premium/Discount to List
-$350,000
-20%
Views
88
Current Estimated Value
$1,373,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,443
Avg. Annual Appreciation
-1.85%

Purchase Details

Closed on
Sep 29, 2020
Sold by
Dumalanta Wayne Duque
Bought by
Dumalanta Wayne Duque and Dumalanta Teresita Della

Purchase Details

Listed on
Jan 19, 2012
Closed on
Sep 5, 2012
Sold by
Arakawa Rodney and Arakawa Brian
Bought by
Dumalanta Wayne Duque
Seller's Agent
Kathleen Tezak
Island Sotheby's Int'l Rlty(W)
Buyer's Agent
Nathan Kwee
Realty 1st Inc
List Price
$380,000
Sold Price
$290,000
Premium/Discount to List
-$90,000
-23.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.82%
Original Mortgage
$296,235
Interest Rate
3.55%
Mortgage Type
VA

Purchase Details

Closed on
Oct 28, 2002
Sold by
Makekau Stanley N B and Makekau Stanley
Bought by
Makekau Jeffery N
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
Bamboo Lanai Trust -- Fidelity National Title
Dumalanta Wayne Duque -- None Available
Dumalanta Wayne Duque -- Or
Makekau Jeffery N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dumalanta Wayne Duque $601,000
Previous Owner Dumalanta Wayne Duque $423,788
Previous Owner Dumalanta Wayne Duque $69,000
Previous Owner Dumalanta Wayne Duque $296,235
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2024 08/02/24 Sold $1,400,000 -20.0% $1,041 / Sq Ft
06/24/2024 06/24/24 Pending -- -- --
06/18/2024 06/18/24 For Sale $1,750,000 +503.4% $1,301 / Sq Ft
09/20/2012 09/20/12 Sold $290,000 -23.7% $299 / Sq Ft
06/27/2012 06/27/12 Pending -- -- --
01/19/2012 01/19/12 For Sale $380,000 -- $391 / 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 $1,325 $1,307,800 $762,700 $545,100
2024 $1,325 $1,035,900 $690,600 $345,300
2023 $1,140 $900,100 $556,600 $343,500
2022 $828 $614,100 $484,400 $129,700
2021 $822 $541,100 $432,900 $108,200
2020 $1,019 $606,100 $494,700 $111,400
2019 $836 $488,300 $381,400 $106,900
2018 $2,602 $471,300 $329,800 $141,500
2017 $2,518 $0 $0 $0
2016 $590 $418,500 $288,600 $129,900
2015 $213 $365,900 $247,400 $118,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 402621

Maui MLS (REALTORS® Association of Maui)

APN: 2-3-8-011-056-0000