NOT LISTED FOR SALE

441 Ilikahi St Lahaina, HI 96761

Estimated Value: $1,189,000 - $3,802,481

4 Beds
4 Baths
1,700 Sq Ft
$1,674/Sq Ft Est. Value

Sale Details

Date Sold: May 3, 2017

Last sale price $1,750,000 $1,029 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $15,968 / mo

Highlights

  • 0.44 Acre Lot
  • Solar Water Heater
  • Ceiling Fan
  • Garden View
  • Storage
  • 4-minute walk to Lahaina Historic Trail

About This Home

As of May 2017

This beautiful tropical retreat is currently operating as a permitted, cash-flowing, very successful Bed and Breakfast. 92% occupancy with approximately $19,000 - $21,000 gross rental income per month. Long-term rental, primary or secondary residences are also great options for this property. Located just 1 block from Front Street and the beautiful ocean. Lovely lush landscaping surrounds the private dwellings on its large 19,000 square foot lot. The colorful gardens encircling the homes include 5 kinds of palms, plumeria, ginger, ti plants, noni, gardenia, hibiscus and bougainvillea. The soothing sounds of 2 ponds, 3 fountains and a rock waterfall create a serene and relaxing environment. The original main home which houses 2 of the rental units, features gorgeous ohia and eucalyptus floors throughout the kitchen, living area and bedrooms. The unique architecture and brilliantly designed ventilation system brings the outdoors inside and high ceilings, red granite counters and warm wooden accents in the kitchen and living area provide a comfortable feeling of home. The originally built second home, which houses 4 additional B&B rental units, is over 2000 square feet and features tile floors throughout. Each unit has its own private lanai with garden views. A long driveway leading to the property and parking area provides additional privacy for the occupants. Over $150,000, per seller, of improvements have been made in 2014 including complete interior and exterior painting, new windows and a Photo-Voltaic system which has dramatically reduced the electric bill and operating cost of the property.

Last Agent to Sell the Property

Wendy Macaheleg

Coldwell Banker Island Prop-Ku License #RB-22454 Listed on: 02/04/2017

Coldwell Banker Island Prop-Ku

Last Buyer's Agent

Mark Marchello

Mark A Marchello Inc License #RB-17408

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2000

Lot Details

  • 19,075 Sq Ft Lot
  • Sprinkler System

Parking

  • 2 Carport Spaces

Interior Spaces

  • Ceiling Fan
  • Storage
  • Garden Views
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Eco-Friendly Details

  • Solar Water Heater

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

Built in 2000

Lot Details

0.44 Acres

Listing Details

  • Class: Residential
  • District: Lahaina
  • Other Features: Storage, Lawn Sprinkler
  • Roads: Paved
  • Type: Sf W/Det Ohana Or Cottage
  • View: Garden View
  • Year Built House: 2000
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2000
  • Year Renovated: 2014

Interior Features

  • Bathrooms: 4
  • Bedrooms: 4
  • Living Area Sq Ft: 1700
  • Ohana Bedrooms: 4
  • Ohana Bathrooms: 4
  • Ohana Living Area Sq Ft: 2176

Exterior Features

  • Covered Lanai Deck Sq Ft House: 615
  • Ohana Covered Lanai Deck Sq Ft: 189
  • Ohana Included: Ceiling Fan, Range, Refrigerator, Solar Water Heating, Tv Cable

Garage/Parking

  • Carport: Yes
  • Carport Number Of Cars House: 2

Utilities

  • Sewer: Sewer County, Sewer Connected
  • Ohana Sewer: Sewer County, Sewer Connected
  • Ohana Utilities To Site: County Water, Underground Electric, Telephone, Tv Cable
  • Utilities To Site: County Water, Underground Electricity, Telephone, Tv Cable

Lot Info

  • Land Acres: 0.4379
  • Land Sq Ft: 19075

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2013
Sold by
Wel Enterprises Hawaii Llc
Bought by
Mccaskill Wallace Arthur and Stoddart Kenneth Law
Current Estimated Value
$2,838,337

Purchase Details

Closed on
Aug 30, 2012
Sold by
Suzuki Mamaru M
Bought by
Wel Enterprises Hawaii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
3.47%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 16, 2011
Sold by
Macmacsuzuki Mamaru Mac and Paris Rosina
Bought by
Suzuki Mamaru M and Mamaru M Suzuki Living Trust

Purchase Details

Closed on
Aug 16, 2005
Sold by
Macmacsuzuki Mamaru Mac
Bought by
Macmacsuzuki Mamaru Mac and Paris Rosina

Purchase Details

Closed on
Oct 28, 2002
Sold by
Makekau Stanley N B and Makekau Stanley
Bought by
Makekau Jeffery N

Purchase Details

Closed on
Oct 18, 1999
Sold by
Mizota Hatsue
Bought by
Macmacsuzuki Mamaru Mac

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,200
Interest Rate
7.86%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mccaskill Wallace Arthur $1,000 Accommodation
Wel Enterprises Hawaii Llc $1,350,000 Or
Suzuki Mamaru M -- None Available
Macmacsuzuki Mamaru Mac $708,000 --
Makekau Jeffery N -- --
Macmacsuzuki Mamaru Mac $279,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wel Enterprises Hawaii Llc $950,000
Previous Owner Macmacsuzuki Mamaru Mac $223,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2017 05/03/17 Sold $1,750,000 0.0% $1,029 / Sq Ft
02/04/2017 02/04/17 Pending -- -- --
02/04/2017 02/04/17 For Sale $1,750,000 -- $1,029 / 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 $9,790 -- -- --
2024 $9,790 -- -- --
2023 $9,790 $2,225,100 $829,800 $1,395,300
2022 $8,984 $2,041,800 $774,500 $1,267,300
2021 $8,221 $1,868,400 $719,200 $1,149,200
2020 $8,469 $1,924,800 $752,400 $1,172,400
2019 $8,855 $1,925,100 $785,500 $1,139,600
2018 $4,751 $1,867,100 $708,100 $1,159,000
2017 $8,195 $0 $0 $0
2016 $7,593 $1,745,600 $663,800 $1,081,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 373978

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-6-006-004-0000

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