NOT LISTED FOR SALE

427 Punakea Loop Unit 2B Lahaina, HI 96761

Estimated Value: $1,811,344 - $1,910,000

2 Beds
2 Baths
1,000 Sq Ft
$1,858/Sq Ft Est. Value

Last Sold October 12, 2017

Last sale price $1,100,000 $1,100 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $10,324/month

300 Days on Market

Highlights

  • Ocean View
  • 26.48 Acre Lot
  • Gentle Sloping Lot

About This Home

As of October 2017

Privacy and Panoramic ocean with 3 island views await you on this 10.59 acre property! This 1000 sf 2 bed/2 bath home sits on post and pier to capture wide sweeping ocean views. The West Maui Mountains add the backdrop to this lovely home. Sit on the open deck and capture the gorgeous sunsets, kick off your shoes and relax. Launiupoko has a private water system, walking and hiking trails, and a great beachpark located at the bottom of the hill. Minutes from Lahaina town with all the amenities of markets, shops and restaurants. Easy to show!

Last Agent to Sell the Property

Debbie Arakaki

Compass License #RB-20674 Listed on: 11/17/2016

Compass

Last Buyer's Agent

Susan Fox

Hawaii Life (W) License #RB-18238

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $858

Year Built

  • Built in 2011

Lot Details

  • 26.48 Acre Lot
  • Property fronts a private road
  • Gentle Sloping Lot

HOA Fees

  • $400 Monthly HOA Fees

Property Views

  • Ocean Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Private Water Source
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$858

Year Built

Built in 2011

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Class: Residential
  • District: Lahaina
  • Roads: Private
  • Type: Single Family
  • View: Ocean
  • Year Built House: 2011
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2011

Interior Features

  • Bathrooms: 2
  • Bedrooms: 2
  • Living Area Sq Ft: 1000

Exterior Features

  • Covered Lanai Deck Sq Ft House: 456

Utilities

  • Sewer: Septic Tank
  • Utilities To Site: Private Water

Condo/Co-op/Association

  • Association Fees Frequency: Monthly
  • Association Fees: 400
  • Residential Condo: Yes

Lot Info

  • County Zoning: Agricultural
  • Cpr Land Acres: 10.593
  • Cpr Land Sq Ft: 461431
  • Land Acres: 26.477
  • Land Sq Ft: 1153338
  • Topography: Gentle Slope

Tax Info

  • Taxes Per Month: 241

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2016
Closed on
Oct 9, 2017
Sold by
Horton Michael Albert and Ogawa Amy Akemi
Bought by
Buckner Shauna Michelle and Bundy Greg Brian
Seller's Agent
Debbie Arakaki
Compass
Buyer's Agent
Susan Fox
Hawaii Life (W)
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%
Current Estimated Value
$1,858,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$758,336
Avg. Annual Appreciation
6.77%
Original Mortgage
$636,150
Outstanding Balance
$531,364
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$1,326,972

Purchase Details

Closed on
May 11, 2012
Sold by
Omuro Kevin Rikio and Hire Steven Frank
Bought by
Horton Michael Albert and Ogawa Amy Akemi
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
Buckner Shauna Michelle $1,100,000 Fidelity Natl Title & Escrow
Horton Michael Albert -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buckner Shauna Michelle $636,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2017 10/12/17 Sold $1,100,000 -8.3% $1,100 / Sq Ft
09/13/2017 09/13/17 Pending -- -- --
11/17/2016 11/17/16 For Sale $1,200,000 -- $1,200 / 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 $858 $987,700 $688,100 $299,600
2024 $858 $776,700 $491,300 $285,400
2023 $777 $706,700 $421,200 $285,500
2022 $777 $588,600 $329,700 $258,900
2021 $1,005 $617,100 $375,400 $241,700
2020 $3,513 $644,500 $398,300 $246,200
2019 $4,230 $670,300 $428,800 $241,500
2018 $4,935 $782,100 $542,800 $239,300
2017 $3,086 $0 $0 $0
2016 $29 $482,000 $262,200 $219,800
2015 -- $517,200 $303,800 $213,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 371645

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-7-001-041-0002