NOT LISTED FOR SALE

464 Lipo Place Wailuku, HI 96793

Estimated Value: $1,051,000 - $1,220,000

5 Beds
3 Baths
2,352 Sq Ft
$478/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $935,000 $398 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,528/month

12 Days on Market

Highlights

  • Mountain View
  • Workshop
  • Stone Flooring
  • Home Office
  • Storage Room
  • Ceiling Fan

About This Home

As of February 2023

Central Maui location in Wailuku blocks from the ocean and convenient to shopping, restaurants, golf courses, the hospital, and medical services. This multi-unit property is perfect for an extended family, investor, or owner occupant looking to achieve rental income from the detached cottage. The main home of 5 bedrooms 3 baths sits at the front of the property, benefitting from the mature landscaping, cool breezes and dramatic mountain views from the upper story. Currently set up as a 3/2 upstairs and 2/1 downstairs, this home has a flexible floorplan and separate entrances. The 2-bedroom 1 bath cottage at the back of the level lot is very private with its own garden area, carport and ample storage. The house and cottage are separately metered for electric, and each have their own leased PV system on roofs. Since this property is in a flood zone, the Buyers are to verify the flood zone designation with the County of Maui, State Department of Land and Natural Resources and with Casualty Insurance Advisors as to the amount of annual insurance premium applicable to this property.

Last Agent to Sell the Property

Roger Madariaga

Realty 1st Inc License #RB-16987 Listed on: 12/12/2022

Co-Listed By

Vanessa Schwabenland

Kokua Realty LLC License #RB-19724

Last Buyer's Agent

April Saretsky

Keller Williams Realty Maui-Ka License #RS-83688

Keller Williams Realty Maui-Ka

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,905

Year Built

  • Built in 1987

Lot Details

  • 0.26 Acre Lot
  • Fenced

Parking

  • 2 Carport Spaces

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Double Stud Wall

Interior Spaces

  • 2,352 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room
  • Dining Area
  • Home Office
  • Workshop
  • Storage Room
  • Washer
  • Mountain Views
  • Basement Fills Entire Space Under The House
  • Range

Flooring

  • Carpet
  • Laminate
  • Stone
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Schools

  • Waihee Elementary School
  • Iao Intermediate
  • Henry Perrine Baldwin High School

Utilities

  • Heating Available
  • Sewer Tap Fee
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,905

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Class: Residential
  • District: Wailuku
  • Other Features: Storage, Wall/Fence, Workshop
  • Perm To Adv Upcoming1: Yes
  • Perm To Adv Upcoming2: Yes
  • Type: Sf W/Det Ohana Or Cottage
  • View: Mountain
  • Year Built House: 1987
  • Geo Subdivision: HI
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1987

Interior Features

  • Flooring: Carpet, Laminate, Vinyl
  • Additional Rooms: Dining Area, Family Room, Storage Room, Work Space
  • Bathrooms: 3
  • Bedrooms: 5
  • Included: Ceiling Fan(s), Range, Refrigerator, Tv Cable, Washing MacHine
  • Living Area Sq Ft: 1752
  • Ohana Additional Rooms: Dining Area
  • Ohana Basement: Full
  • Ohana Bedrooms: 2
  • Ohana Bathrooms: 1
  • Ohana Flooring: Stone/Concrete
  • Ohana Living Area Sq Ft: 600
  • Price Per Sq Ft: 397.53
  • Total Living Sq Ft: 2352

Exterior Features

  • Construction Data: Double Wall
  • Design And Structure: 2 Story
  • Exterior Finish: Wood
  • Ohana Construction: Double Wall, Wood Frame
  • Ohana Design: 1 Story
  • Ohana Exterior Finish: Wood
  • Ohana Included: Ceiling Fan, Range, Tv Cable, Washing MacHine
  • Ohana Roofing: Asphalt/Comp Shingle
  • Ohana Year Built: 1987
  • Roofing: Asphalt/Comp Shingle
  • Substructure: Concrete Slab
  • Uncovered Lanai Deck SqFt House: 112

Garage/Parking

  • Carport: Yes
  • Carport Number Of Cars House: 2
  • Carport Parking Sq Ft House: 456
  • Ohana Carport: Yes
  • Ohana Carport Number Of Cars: 1
  • Ohana Carport Parking Sq Ft: 240

Utilities

  • Sewer: Sewer County, Sewer Fee
  • Ohana Heating: Electric
  • Ohana Sewer: Sewer County
  • Ohana Utilities To Site: County Water Meter Ins, Overhead Electricity, Telephone, Tv Cable
  • Utilities To Site: County Water, Overhead Electricity, Telephone, Tv Cable

Schools

  • Elementary School: Waihee Elementary
  • Middle School: Iao Intermediate
  • High School: Henry Perrine Baldwin High
  • Elementary School: Waihee Elementary
  • High School: Henry Perrine Baldwin High
  • Intermediate School: Iao Intermediate

Lot Info

  • County Zoning: R-2 Residential
  • Land Acres: 0.2571
  • Land Sq Ft: 11199
  • Geo Address Line: 464 Lipo Pl
  • Geo Primary City: Wailuku
  • Geo Quality: 0.95
  • Geo Zoom Level: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2023
Sold by
Rupp-Smith Alec Steven
Bought by
464 Lipo Place Wailuku Hi 96793 Trust
Current Estimated Value
$1,123,098

Purchase Details

Closed on
Oct 28, 2002
Sold by
Makekau Stanley N B and Makekau Stanley
Bought by
Makekau Jeffery N
Source: Public Records

Range of Values:

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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
464 Lipo Place Wailuku Hi 96793 Trust -- None Listed On Document
Makekau Jeffery N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rupp-Smith Alec Steven $748,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2023 02/24/23 Sold $935,000 -4.1% $398 / Sq Ft
12/24/2022 12/24/22 Pending -- -- --
12/12/2022 12/12/22 For Sale $975,000 -- $415 / 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 $4,905 $906,000 $482,300 $423,700
2024 $4,905 $835,600 $430,400 $405,200
2023 $4,041 $690,700 $319,100 $371,600
2022 $3,468 $592,900 $259,700 $333,200
2021 $3,130 $574,400 $259,700 $314,700
2020 $3,169 $581,500 $259,700 $321,800
2019 $3,126 $558,300 $244,900 $313,400
2018 $2,994 $542,300 $192,900 $349,400
2017 $884 $0 $0 $0
2016 $861 $518,900 $200,300 $318,600
2015 $164 $481,300 $192,900 $288,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 397596

Maui MLS (REALTORS® Association of Maui)

APN: 2-3-4-029-033-0000