NOT LISTED FOR SALE

Polo Beach Club 4400 Makena Rd Unit 708 Kihei, HI 96753

Estimated Value: $2,916,000 - $3,618,000

2 Beds
2 Baths
102,366 Sq Ft
102,366 Sq Ft Lot

Sale Details

Date Sold: March 8, 2019

Last sale price $2,250,000 $22 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $22,797 / mo

39 Days on Market

Highlights

  • Ocean Front
  • 2.35 Acre Lot
  • Outdoor Grill
  • Heated In Ground Pool
  • Security Guard
  • Central Air

About This Home

As of March 2019

If you've seen Polo 708 you'll remember the priceless ocean and outer island views-enduring value that will never change. But everything else has changed for the better! Polo708 is back on the market after an amazing remodel. This is an exciting and entirely new offering. The interior is open, light and bright, fully furnished with creative flair and glamour. There is nothing else quite like this! Polo Beach Club offers so much that is unique and incomparable. This solid concrete structure is mere steps from the sandy shore. Every one of the 71 two-bedroom, two-bath units features fabulous ocean views, with spacious covered lanais you can live on. However, the views from the seventh and eighth floor locations may never be duplicated. Setback rules and elevation restrictions have changed since this grand property first graced the Makena coastline, "way out in the middle of nowhere". Now Polo sits amid lavish dining and entertainment options in neighboring first-class hotel resorts. Yet our intimate association with the sea and sand remain unaltered. Additional Polo features include underground parking, central air, superior concrete construction, ocean side pool and spa, lush landscaping with community herb garden and barbecues. But in the end, it's all about the beach and the views. The sweeping view from this newly revitalized Polo 708 is stunning. Breathtaking. Inspiring. This is a turn-key property, currently offered as a much-in-demand, high -end vacation rental.

Last Agent to Sell the Property

Phylleen Jackson

Coldwell Banker Island Prop(S) License #RB-16740 Listed on: 12/29/2018

Coldwell Banker Island Prop(S)

Last Buyer's Agent

Steve Blackington

Maui Lifestyle Properties LLC License #RB-19597

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1982

Lot Details

  • 2.35

Parking

  • 1 Car Garage

Home Design

  • Entry on the 7th floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Pool

  • Heated In Ground Pool
  • Spa

Utilities

  • Central Air
  • Underground Utilities
  • Phone Available
  • Cable TV Available

Additional Features

  • Outdoor Grill
  • Ocean Front

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Polo Beach Club Community
  • Security Guard

Property Details

Home Type

Condominium

Year Built

Built in 1982

Lot Details

2.35 Acres

Listing Details

  • Class: Condominium
  • District: Wailea/Makena
  • Other Features: Bar-B-Que, Security Guard, Spa/Hot Tub
  • Type: Condo
  • View: Ocean
  • Unit: 708
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Year Built: 1982
  • Year Renovated: 2018
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Bathrooms: 2
  • Bedrooms: 2
  • Living Area Sq Ft: 1186
  • Floor Level: 7

Exterior Features

  • Pool: Yes
  • Waterfront: Oceanfront
  • Pool Type: In-Ground, Heated

Garage/Parking

  • Garage: Yes
  • Garage Number Of Cars: 1

Utilities

  • Central Air Conditioning: Y
  • Sewer: Sewer Connected
  • Utilities To Site: County Water, Underground Electricity, Telephone, Tv Cable

Condo/Co-op/Association

  • Complex Name: Polo Beach Club
  • Monthly Maintenance Fee: 1525

Lot Info

  • County Zoning: H-1 Hotel District
  • Land Acres: 2.35
  • Land Sq Ft: 102366
  • State Zoning: Urban

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes Per Month: 1805.25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2018
Closed on
Feb 28, 2019
Sold by
Palumbo Diane O and Bergstrom Julia L
Bought by
Cherry Don Neil and Don Neil Cherry Trust
Seller's Agent
Phylleen Jackson
Coldwell Banker Island Prop(S)
Buyer's Agent
Steve Blackington
Maui Lifestyle Properties LLC
List Price
$2,395,000
Sold Price
$2,250,000
Premium/Discount to List
-$145,000
-6.05%
Current Estimated Value
$3,394,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,144,572
Avg. Annual Appreciation
5.97%

Purchase Details

Closed on
Jun 28, 2006
Sold by
Skivington James and Skivington Kristen
Bought by
Palumbo Diane O and Bergstrom Julia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,540,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2000
Sold by
Dueck Properties Ltd
Bought by
Skivington James and Skivington Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$594,750
Interest Rate
7.62%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cherry Don Neil $2,250,000 Tg
Palumbo Diane O $2,200,000 None Available
Skivington James $907,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palumbo Diane O $1,540,000
Previous Owner Skivington James $594,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2019 03/08/19 Sold $2,250,000 -6.1% $22 / Sq Ft
02/06/2019 02/06/19 Pending -- -- --
12/29/2018 12/29/18 For Sale $2,395,000 -- $23 / Sq Ft
Source: Maui MLS (REALTORS® Association of Maui)

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 $54,196 $3,263,600 $414,800 $2,848,800
2024 $54,196 $3,979,700 $414,800 $3,564,900
2023 $39,971 $3,373,100 $414,800 $2,958,300
2022 $29,658 $2,502,800 $208,700 $2,294,100
2021 $24,618 $2,207,600 $189,800 $2,017,800
2020 $27,061 $2,442,300 $189,800 $2,252,500
2019 $24,255 $2,256,300 $172,500 $2,083,800
2018 $21,663 $2,334,400 $156,800 $2,177,600
2017 $18,526 $0 $0 $0
2016 $17,018 $1,953,900 $149,000 $1,804,900
2015 $15,589 $2,174,200 $149,000 $2,025,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 381154

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-1-011-001-0061

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