NOT LISTED FOR SALE

45 Wai Kulu Place Lahaina, HI 96761

Estimated Value: $3,285,000 - $4,999,000

4 Beds
2.5 Baths
3,104 Sq Ft
$1,306/Sq Ft Est. Value

Last Sold September 29, 2020

Last sale price $3,000,000 $966 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $24,180/month

5 Days on Market

Highlights

  • Ocean View
  • 2.26 Acre Lot
  • Laundry Room
  • In Ground Pool
  • Main Floor Primary Bedroom
  • Solar Water Heater

About This Home

As of September 2020

Paradise found! This beautiful estate property on just over 1.5 acres in Launiupoko is the sanctuary you've been looking for. A single level 4 bedroom home with open concept floorplan and several living areas set in a tropical island getaway with mature landscaping make it so you'll never want to leave. Stunning ocean, sunset and mountain views provide an ideal setting for daily living and remote work and will be the envy of all your colleagues on Zoom calls. Launiupoko is an Agricultural neighborhood for those who prefer an active lifestyle with easy access to surfing, beaches, walking trails, hiking and equestrian opportunities all while being conveniently located a few minutes outside of Lahaina Town. 45 Wai Kulu Pl is equipped with a robust solar electric system for environmentally responsible energy production

Last Agent to Sell the Property

Dylan Payne

West Maui Land Company Inc License #RS-75437 Listed on: 08/11/2020

Last Buyer's Agent

Alex Abreu

Hawaii Life (W) License #RB-24368

Hawaii Life (W)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,033

Year Built

  • Built in 2004

Lot Details

  • 2.26

Interior Spaces

  • 3,104 Sq Ft Home
  • Ceiling Fan
  • Chandelier
  • Family Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2.5 Bathrooms

Laundry

  • Laundry Room
  • Washer

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener

Pool

  • In Ground Pool
  • Spa

Utilities

  • Central Air
  • Cable TV Available

Additional Features

  • Solar Water Heater
  • 2.26 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 2470090330002

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,033

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: Residential
  • District: Lahaina
  • New Developer Offering: Yes
  • Other Features: Spa/Hot Tub
  • Perm To Adv Upcoming1: Yes
  • Perm To Adv Upcoming2: Yes
  • Type: Single Family
  • View: Ocean
  • Year Built House: 2004
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2004

Interior Features

  • Additional Rooms: Family Room, Laundry Room
  • Bathrooms: 2.5
  • Bedrooms: 4
  • Included: Auto Garage Door Opener, Ceiling Fan(s), Chandelier/Swag Lamp, Dishwasher, Disposal, Microwave, Refrigerator, Smoke/Heat Detector, Solar Water Heating, Tv Cable, Washing MacHine
  • Living Area Sq Ft: 3104
  • Master Bedroom Ground Floor: Yes
  • Price Per Sq Ft: 966.49
  • Total Living Sq Ft: 3104

Exterior Features

  • Covered Lanai Deck Sq Ft House: 300
  • Pool: Yes
  • Pool Type: In-Ground

Garage/Parking

  • Garage: Yes
  • Number of Car Spaces: 1
  • Garage Parking Sq Ft House: 381

Utilities

  • Central Air Conditioning: Yes
  • Room AC Number House: 4

Condo/Co-op/Association

  • Residential Condo: Yes

Lot Info

  • Cpr Land Acres: 1.563
  • Cpr Land Sq Ft: 68084
  • Land Acres: 2.264
  • Land Sq Ft: 98620

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 2470090330002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2020
Closed on
Sep 21, 2020
Sold by
Payne Wendell and Payne Lisa
Bought by
Stad Alain Jacques
Seller's Agent
Dylan Payne
West Maui Land Company Inc
Buyer's Agent
Alex Abreu
Hawaii Life (W)
List Price
$3,200,000
Sold Price
$3,000,000
Premium/Discount to List
-$200,000
-6.25%
Current Estimated Value
$4,052,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,052,892
Avg. Annual Appreciation
6.27%
Original Mortgage
$2,100,000
Outstanding Balance
$1,872,055
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,180,837
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
Stad Alain Jacques $3,000,000 Fnt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stad Alain Jacques $2,100,000
Previous Owner Payne Wendell $720,700
Previous Owner Payne Wendell $220,000
Previous Owner Payne Wendell $999,999
Previous Owner Payne Wendell $350,000
Previous Owner Payne Wendell $374,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2020 09/29/20 Sold $3,000,000 -6.3% $966 / Sq Ft
08/16/2020 08/16/20 Pending -- -- --
08/11/2020 08/11/20 For Sale $3,200,000 -- $1,031 / 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 $31,033 $4,295,500 $2,138,900 $2,156,600
2024 $31,033 $3,583,100 $1,524,200 $2,058,900
2023 $21,776 $3,401,900 $1,337,100 $2,064,800
2022 $21,776 $2,990,700 $1,114,300 $1,876,400
2021 $19,244 $2,831,100 $1,069,800 $1,761,300
2020 $4,596 $2,004,900 $966,600 $1,038,300
2019 $5,272 $2,017,900 $1,006,900 $1,011,000
2018 $5,709 $2,203,300 $1,087,400 $1,115,900
2017 $5,388 $0 $0 $0
2016 $4,688 $1,936,400 $898,500 $1,037,900
2015 $2,880 $2,065,800 $898,500 $1,167,300
Source: Public Records

Agents Affiliated with this Home

  • Dylan Payne

    Seller's Agent in 2020

    Dylan Payne

    West Maui Land Company Inc

    (808) 276-6881

    48 in this area

    159 Total Sales

    Dylan Payne
    Section Image
  • Alex Abreu

    Buyer's Agent in 2020

    Alex Abreu

    Hawaii Life (W)

    (808) 280-6032

    6 in this area

    49 Total Sales

    Alex Abreu
    Section Image
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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 388089

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-7-009-033-0002

Hawaii Maui County Lahaina 96761

45 Wai Kulu Place, Lahaina, HI

This home is located at 45 Wai Kulu Place, Lahaina, HI 96761 since 11 August 2020 and is currently estimated at $4,052,892, approximately $1,305 per square foot. This property was built in 2004. 45 Wai Kulu Place is a home located in Maui County with nearby schools including Princess Nāhiʻenaʻena Elementary School, Lāhainā Intermediate School, and ​Lahainaluna High School.

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