NOT LISTED FOR SALE

4365 Lower Honoapiilani Rd Unit 513 Lahaina, HI 96761

Napili-Honokowai Neighborhood

Estimated Value: $637,000 - $879,000

1 Bed
1 Bath
144,184 Sq Ft
3.31 Acres

Last Sold April 26, 2023

Last sale price $877,000 $6 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $5,112/month

7 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Furnished
  • Ocean View
  • 3.31 Acre Lot
  • Elevator

About This Home

As of April 2023

Royal Kahana 513 is a beautifully situated spacious one bedroom residence with a desirable southwest exposure and incredible ocean views. The fifth floor location offers privacy and the floor plan features a gracious ocean view bedroom suite. The owners have made upgrades including new luxury vinyl flooring throughout, giving it a contemporary feel, new horizon blinds, and new furnishings. The kitchen and bath have been updated with new cabinetry and granite countertops. The Royal Kahana is a popular vacation destination offering direct beach access, an oceanfront pool and BBQ area, fitness center, central air conditioning, elevators for easy access and underground parking. Kahana is well located, positioned between the resorts of Kapalua and Kaanapali, and close to shops and restaurants.

Last Agent to Sell the Property

Kelly Lovato

Maui Luxury Realty LLC License #RB-22916 Listed on: 02/16/2023

Co-Listed By

Courtney Brown

Island Sotheby's International Realty(L) License #RS-56519

Last Buyer's Agent

Heidi Dollinger

Island Sotheby's International Realty(L) License #RB-23187

Island Sotheby's International Realty(L)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,399

Year Built

  • Built in 1975

Lot Details

  • 3.31

Home Design

  • Slab Foundation
  • Concrete Block And Stucco Construction

Interior Spaces

  • Furnished
  • Ceiling Fan
  • Blinds
  • Ocean Views
  • Washer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Home Security

Outdoor Features

  • In Ground Pool
  • Outdoor Grill

Schools

  • King Kamehameha Iii Elementary School
  • Lahaina Intermediate
  • Lahainaluna High School

Additional Features

  • Beach Front
  • Flood Zone Lot

Listing and Financial Details

  • Short Term Rentals Allowed

Community Details

Overview

  • High-Rise Condominium
  • Royal Kahana Community
  • Royal Kahana Subdivision

Additional Features

  • Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,399

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: Condominium
  • District: Napili/Kahana/Honokowai
  • Other Features: Bar-B-Que
  • Type: Condo
  • View: Ocean
  • Unit: 513
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Year Built: 1975
  • Year Renovated: 2010
  • Cov Lanai Deck Sq Ft: 84
  • Geo Subdivision: HI
  • Tax Year Ending: 2022
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Tile, Vinyl
  • Bathrooms: 1
  • Bedrooms: 1
  • Included: Blinds, Ceiling Fan(s), Dishwasher, Disposal, Furnished, Inventory, Microwave, Range, Refrigerator, Smoke/Heat Detector, Washing MacHine
  • Living Area Sq Ft: 777
  • Price Per Sq Ft: 1128.7
  • Floor Level: 5
  • Passenger Elevator: Three Or More

Exterior Features

  • Construction Data: Concrete
  • Design And Structure: High-Rise 4+ Stories
  • Pool: Yes
  • Substructure: Concrete Slab
  • Waterfront: Beachfront
  • Pool Type: In-Ground

Utilities

  • Room AC Number: 1
  • Sewer: Sewer County
  • Utilities To Site: County Water

Condo/Co-op/Association

  • Complex Name: Royal Kahana
  • Monthly Maintenance Fee: 1240.79

Schools

  • Elementary School: King Kamehameha III Elementary
  • Middle School: Lahaina Intermediate
  • High School: Lahainaluna High
  • Elementary School: King Kamehameha III Elementary
  • High School: Lahainaluna High
  • Intermediate School: Lahaina Intermediate

Lot Info

  • Assessed Improvement Value: 436400
  • Assessed Land Value: 55000
  • County Zoning: H-2 Hotel District
  • Flood Zone: Yes
  • General Land Class: Hotel And Resort
  • Land Acres: 3.31
  • Land Sq Ft: 144184
  • State Zoning: Urban
  • Geo Address Line: 4365 Lower Honoapiilani Rd
  • Geo Primary City: Lahaina
  • Geo Quality: 0.95
  • Geo Zoom Level: 16

Rental Info

  • Short Term Rental Allowed: Yes

Tax Info

  • Taxes Per Month: 485.25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2023
Closed on
Apr 14, 2023
Sold by
Mf Gaumer Hawaii Llc
Bought by
Li Lan
Seller's Agent
Kelly Lovato
Maui Luxury Realty LLC
Buyer's Agent
Heidi Dollinger
Island Sotheby's International Realty(L)
List Price
$875,000
Sold Price
$877,000
Premium/Discount to List
$2,000
0.23%
Current Estimated Value
$775,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$101,561
Avg. Annual Appreciation
-3.39%
Original Mortgage
$602,000
Outstanding Balance
$588,760
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$221,657

Purchase Details

Closed on
Sep 30, 2017
Sold by
Gaumer Ii Robert L and Gaumer Margaret Hartmann
Bought by
Mf Gaumer Hawaii Llc

Purchase Details

Listed on
Sep 23, 2015
Closed on
Apr 11, 2016
Sold by
Lichtenwald Holdings Ltd
Bought by
Gaumer Ii Robert L and Gaumer Margaret Hartmann
Seller's Agent
Barry Brown
Moffett Properties LLC
Buyer's Agent
Kelly Lovato
Maui Luxury Realty LLC
List Price
$549,000
Sold Price
$518,000
Premium/Discount to List
-$31,000
-5.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.94%
Original Mortgage
$200,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2010
Sold by
Lichtenwald John William and Lichtenwald Elaine Dorothy
Bought by
Lichtenwald Holdings Ltd

Purchase Details

Closed on
Feb 9, 2010
Sold by
Blum Joseph S and Blum Glenda J
Bought by
Lichtenwald John William and Lichtenwald Elaine Dorothy

Purchase Details

Closed on
Feb 3, 2003
Sold by
Association Of Apartment Owners Of Royal
Bought by
Blum Joseph S and Blum Glenda J
Source: Public Records

Range of Values:

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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
Li Lan -- Fidelity National Title
Mf Gaumer Hawaii Llc $526,010 Accommodation
Gaumer Ii Robert L $518,000 Tg
Lichtenwald Holdings Ltd $1,000 Accommodation
Lichtenwald John William $395,000 Or
Blum Joseph S $53,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Lan $602,000
Previous Owner Gaumer Ii Robert L $200,000
Previous Owner Blum Joseph S $175,000
Previous Owner Blum Joseph Samuel $96,500
Previous Owner Brunstad Patrick Mason $118,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2023 04/26/23 Sold $877,000 +0.2% $6 / Sq Ft
02/23/2023 02/23/23 Pending -- -- --
02/16/2023 02/16/23 For Sale $875,000 +68.9% $6 / Sq Ft
04/27/2016 04/27/16 Sold $518,000 -5.6% $3 / Sq Ft
02/24/2016 02/24/16 Pending -- -- --
09/23/2015 09/23/15 For Sale $549,000 -- $4 / 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 $10,399 $833,100 $109,200 $723,900
2024 $10,399 $831,900 $109,200 $722,700
2023 $10,195 $860,300 $109,200 $751,100
2022 $5,823 $491,400 $55,000 $436,400
2021 $5,257 $473,200 $50,000 $423,200
2020 $5,317 $479,900 $50,000 $429,900
2019 $4,871 $453,100 $45,400 $407,700
2018 $4,377 $471,700 $41,300 $430,400
2017 $4,499 $0 $0 $0
2016 $3,542 $406,700 $39,200 $367,500
2015 $3,116 $430,900 $39,200 $391,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 398156

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-3-010-007-0089