NOT LISTED FOR SALE

4365 Lower Honoapiilani Rd Unit 703 Lahaina, HI 96761

Estimated Value: $530,000 - $605,000

-- Bed
1 Bath
431 Sq Ft
3.46 Acres

Last Sold February 16, 2024

Last sale price $600,000 $1,392 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $3,549/month

6 Days on Market

Highlights

  • Ocean Front
  • Solar Power System
  • Lanai
  • In Ground Pool
  • 3.46 Acre Lot
  • Furnished

About This Home

As of February 2024

Discover Royal Kahana 703, an inviting ocean view studio, updated throughout, and appointed with quality furnishings. The unit features central air conditioning, a washer and dryer in the unit, tile flooring, and a north-facing lanai with an exclusive vantage point for whale watching this winter. Amenities at Royal Kahana include a swimming pool, BBQ’s, garage parking, a fitness center, table tennis, extra storage, and onsite rental management. Close to area restaurants in Kahana, stunning West Maui beaches, golf, tennis, and hiking, you will love this location situated between Kapalua and Kaanapali resort areas. Hotel-zoning allows for short-term vacation rentals, long term rentals, or part-time or full-time living.

Last Agent to Sell the Property

Heidi Dollinger

Island Sotheby's International Realty(L) License #RB-23187 Listed on: 01/02/2024

Island Sotheby's International Realty(L)

Last Buyer's Agent

Kimberly Drechsel

Living Maui Real Estate LLC License #RB-22959

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,439

Year Built

  • Built in 1975

Lot Details

  • 3.46

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1 Bathroom
  • 431 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Storage
  • Home Gym
  • Tile Flooring
  • Ocean Views

Kitchen

  • Range
  • Microwave
  • Disposal

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • In Ground Pool
  • Lanai
  • Outdoor Grill

Utilities

  • No Heating
  • Underground Utilities
  • Cable TV Available

Additional Features

  • Solar Power System
  • Ocean Front

Listing and Financial Details

  • Assessor Parcel Number 2430100070119

Community Details

Overview

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

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,439

Year Built

Built in 1975

Lot Details

0

Listing Details

  • View: Ocean
  • Year Built: 1975
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • PoolFeatures: In Ground
  • SecurityFeatures: Smoke/Heat Detector
  • Subdivision Name: Royal Kahana
  • Carport Y N: No
  • Fireplace: No
  • Garage Yn: No
  • Interior Features: Ceiling Fan(s), Furnished, Inventory, Kitchen Ware, TV Cable, Exercise Room, Extra Storage
  • LivingArea: 431
  • Green Power: Solar
  • Property Attached Yn: Yes
  • Structure Type: High-Rise 4+ Stories
  • WindowFeatures: Blinds, Drapes
  • Tax Year: 2023
  • Master Plan Zoning: H-2
  • Financial Info Electric: Underground
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Appliances: Disposal, Dryer, Microwave, Range, Refrigerator, Washer

Exterior Features

  • Acres: 3.46
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Concrete
  • Exterior Features: Barbecue
  • Patio And Porch Features: Covered Lanai/Deck

Utilities

  • Sewer: Public Sewer
  • HeatingYN: No
  • Utilities: Phone Connected, Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 150718
  • ResoLotSizeUnits: Acres
  • Parcel #: 2430100070119
  • Zoning Description: Hotel District
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: No
  • Lease Term: Short Term Lease

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 7439.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2024
Closed on
Jan 29, 2024
Sold by
Woolman Matthew Michael
Bought by
Sean Mountain And An Lam 2018 Revocable Trust and Mountain
Seller's Agent
Heidi Dollinger
Island Sotheby's International Realty(L)
Buyer's Agent
Kimberly Drechsel
Living Maui Real Estate LLC
List Price
$610,000
Sold Price
$600,000
Premium/Discount to List
-$10,000
-1.64%
Views
8
Current Estimated Value
$559,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,418
Avg. Annual Appreciation
-3.97%
Original Mortgage
$458,625
Outstanding Balance
$450,535
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$109,047

Purchase Details

Listed on
Aug 13, 2019
Closed on
Oct 22, 2019
Sold by
Jording Randall G
Bought by
Woolman Matthew Michael
Seller's Agent
Alex de Sousa Pinto
Berkshire Hathaway HI Isl Prop
Buyer's Agent
Heidi Dollinger
Island Sotheby's International Realty(L)
List Price
$365,000
Sold Price
$328,000
Premium/Discount to List
-$37,000
-10.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.04%
Original Mortgage
$229,600
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 18, 2015
Closed on
Feb 20, 2016
Sold by
Watt David R and Burns Jennifer N
Bought by
Jording Randall G
Seller's Agent
Matthew Smith
Berkshire Hathaway Maui Prop-L
Buyer's Agent
Jennifer McCoy
Real Broker
List Price
$340,000
Sold Price
$300,000
Premium/Discount to List
-$40,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.46%

Purchase Details

Closed on
Feb 27, 2009
Sold by
Cronin James L and Cronin Rosemarie L
Bought by
Watt David R and Burns Jennifer N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 14, 2005
Sold by
Association Of Apartment Owners Of Royal
Bought by
Cronin James L and Cronin Rosemarie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.67%
Mortgage Type
Balloon
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
Sean Mountain And An Lam 2018 Revocable Trust -- Fidelity National Title
Woolman Matthew Michael -- Fnt
Jording Randall G $300,000 Tg
Watt David R $240,000 Tg
Cronin James L $51,000 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sean Mountain And An Lam 2018 Revocable Trust $458,625
Previous Owner Woolman Matthew Michael $229,600
Previous Owner Watt David R $100,000
Previous Owner Cronin James L $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/16/2024 02/16/24 Sold $600,000 -1.6% $1,392 / Sq Ft
01/08/2024 01/08/24 Pending -- -- --
01/02/2024 01/02/24 For Sale $610,000 +86.0% $1,415 / Sq Ft
10/28/2019 10/28/19 Sold $328,000 -10.1% $2 / Sq Ft View Prior Sale
08/28/2019 08/28/19 Pending -- -- --
08/13/2019 08/13/19 For Sale $365,000 +21.7% $2 / Sq Ft
02/26/2016 02/26/16 Sold $300,000 -11.8% $2 / Sq Ft View Prior Sale
01/21/2016 01/21/16 Pending -- -- --
12/18/2015 12/18/15 For Sale $340,000 -- $2 / 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 $7,439 $592,700 $65,300 $527,400
2024 $7,439 $686,300 $65,300 $621,000
2023 $4,239 $627,800 $65,300 $562,500
2022 $4,239 $357,700 $32,900 $324,800
2021 $3,814 $343,300 $29,900 $313,400
2020 $3,544 $319,900 $29,900 $290,000
2019 $3,004 $279,400 $27,200 $252,200
2018 $2,884 $310,800 $24,700 $286,100
2017 $2,921 $0 $0 $0
2016 $1,150 $274,500 $23,500 $251,000
2015 $1,900 $280,500 $23,500 $257,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 400742

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-3-010-007-0119