Seller's Agent in 2017
Wendy Macaheleg
Coldwell Banker Island Prop-Ku
(808) 269-1777
2 in this area
10 Total Sales
Estimated Value: $1,189,000 - $3,802,481
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
Coldwell Banker Island Prop-Ku License #RB-22454 Listed on: 02/04/2017
| 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 | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Wel Enterprises Hawaii Llc | $950,000 | |
| Previous Owner | Macmacsuzuki Mamaru Mac | $223,200 |
| 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 |
| 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 |
Seller's Agent in 2017
Wendy Macaheleg
Coldwell Banker Island Prop-Ku
(808) 269-1777
2 in this area
10 Total Sales
Buyer's Agent in 2017
Mark Marchello
Mark A Marchello Inc
(808) 283-5296
39 in this area
41 Total Sales
Buyer Co-Listing Agent in 2017
Andy Marchello
Keller Williams Realty Maui-L
(808) 283-1452
38 in this area
49 Total Sales
Source: Maui MLS (REALTORS® Association of Maui)
MLS Number: 373978
APN: 2-4-6-006-004-0000
Ask me questions while you tour the home.