NOT LISTED FOR SALE

475 Alae Rd Kula, HI 96790

Estimated Value: $1,402,739 - $5,781,000

3 Beds
3 Baths
1,520 Sq Ft
$1,818/Sq Ft Est. Value

Last Sold February 01, 2017

Last sale price $1,050,000 $691 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $16,864/month

79 Days on Market

Highlights

  • 1.14 Acre Lot
  • Storage
  • 1 Car Garage
  • Mountain View
  • Ceiling Fan
  • Fenced

About This Home

As of February 2017

If peace & serenity are what you are looking for, you've found it at this private & secluded retreat, located upcountry in Kula, Maui. Upon entering through the gated entry you'll immerse yourself in the natural beauty surrounding this charming 3-bedroom, 3-bathroom home. Haleakala, West Maui, & ocean views punctuate this well landscaped property, including a mature koa tree, lotus pond, & a magnificent lawn that practically begging for an afternoon croquet session. Avocado, apple, banana, & citrus trees abound, and you'll be engulfed with florals-- gardenia, camellia, hydrangea, protea, birds of paradise, white ginger, & hibiscus. The cedar & redwood main house has vaulted ceilings, updated bathrooms, new appliances, & a flexible layout. The main house is split into two wings, connected by a covered, open-air breezeway. The main wing offers 2-bedrooms & 2-bathrooms separated by the living room, dining room, & kitchen. The second wing offers a spacious 1-bedroom & 1-bathroom (a master suite, or perhaps guest quarters) with large main room. The large covered wrap around deck is an outstanding way to take in the view, & connects both wings of the home. A separate driveway & private entrance lead to a clean 2-bedroom, 1-bath cottage, with decks off both the front & rear of the home. Landscaping & natural surroundings provide the utmost in privacy for this recently remodeled space. Zoned Rural, with a 3/4inch water meter in place.

Last Agent to Sell the Property

Katie Moquin

Compass-W License #RB-22574 Listed on: 09/26/2016

Last Buyer's Agent

Donna Wilson

ZT Hawaii LLC License #RS-73079

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,520

Year Built

  • Built in 1968

Lot Details

  • 1.14 Acre Lot
  • Fenced
  • Gentle Sloping Lot

Parking

  • 1 Car Garage

Interior Spaces

  • Ceiling Fan
  • Storage
  • Mountain Views

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cesspool
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,520

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: Residential
  • District: Kula/Ulupalakua/Kanaio
  • Other Features: Storage, Wall/Fence
  • Roads: Paved
  • Type: Sf W/Det Ohana Or Cottage
  • View: Mountain/Ocean
  • Year Built House: 1968
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 1968
  • Year Renovated: 2016

Interior Features

  • Bathrooms: 3
  • Bedrooms: 3
  • Living Area Sq Ft: 1520
  • Ohana Bedrooms: 2
  • Ohana Bathrooms: 1
  • Ohana Living Area Sq Ft: 800

Exterior Features

  • Covered Lanai Deck Sq Ft House: 880
  • Ohana Covered Lanai Deck Sq Ft: 159
  • Ohana Included: Ceiling Fan, Dishwasher, Dryer, Range, Refrigerator, Tv Cable, Washing MacHine
  • Ohana Uncovered Lanai Deck Sq Ft: 60
  • Ohana Year Built: 1989
  • Ohana Year Remodeled: 2014

Garage/Parking

  • Garage: Yes
  • Number of Car Spaces: 1

Utilities

  • Sewer: Cesspool
  • Ohana Sewer: Cesspool
  • Ohana Utilities To Site: County Water, Overhead Electricity, Tv Cable
  • Utilities To Site: County Water, Overhead Electricity, Tv Cable

Lot Info

  • Land Acres: 1.142
  • Land Sq Ft: 49746
  • State Zoning: Rural
  • Topography: Gentle Slope

Tax Info

  • Taxes Per Month: 404

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2016
Closed on
Feb 3, 2017
Sold by
Wincek Frances L
Bought by
Wincek Frances L and Alae 2017 Revocable Trust
Seller's Agent
Katie Moquin
Compass-W
Buyer's Agent
Donna Wilson
ZT Hawaii LLC
List Price
$1,090,000
Sold Price
$1,050,000
Premium/Discount to List
-$40,000
-3.67%
Current Estimated Value
$3,071,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,021,845
Avg. Annual Appreciation
13.19%
Original Mortgage
$840,000
Outstanding Balance
$703,995
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$2,324,008

Purchase Details

Listed on
Sep 26, 2016
Closed on
Jan 27, 2017
Sold by
Matchett Clayton Reid and Martin Shae Terese
Bought by
Wincek Frances L and Frances L Wincek 2012 Revocable Trust
Seller's Agent
Katie Moquin
Compass-W
Buyer's Agent
Donna Wilson
ZT Hawaii LLC
List Price
$1,090,000
Sold Price
$1,050,000
Premium/Discount to List
-$40,000
-3.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Outstanding Balance
$703,995
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$2,324,008

Purchase Details

Listed on
Aug 17, 2014
Closed on
Jan 2, 2015
Sold by
Gray Claudia
Bought by
Matchett Clayton Reid and Martin Shae Terese
Seller's Agent
Sarah Sorenson
Whale's Tail Realty Inc
Buyer's Agent
Katie Moquin
Compass-W
List Price
$1,050,000
Sold Price
$925,000
Premium/Discount to List
-$125,000
-11.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.41%
Original Mortgage
$724,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2004
Sold by
Elliott Mark Alan
Bought by
Gray Claudia and The Claudia Gray Living Trust

Purchase Details

Closed on
Oct 21, 2003
Sold by
Jacquelin Maureen K
Bought by
Elliott Mark Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,000
Interest Rate
5.98%
Mortgage Type
Unknown

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
Jun 16, 1999
Sold by
Grady Nancy W
Bought by
Jacquelin Maureen K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,500
Interest Rate
7.2%

Purchase Details

Closed on
Feb 7, 1997
Sold by
Grady Nancy W
Bought by
Grady Nancy W and Nancy W Grady Trust
Source: Public Records

Range of Values:

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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
Wincek Frances L -- Accommodation
Wincek Frances L $1,050,000 Or
Matchett Clayton Reid $925,000 Fntic
Gray Claudia $900,000 Fidelity National Title Insu
Elliott Mark Alan $730,000 --
Makekau Jeffery N -- --
Jacquelin Maureen K $470,000 --
Grady Nancy W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wincek Frances L $840,000
Previous Owner Matchett Clayton Reid $724,000
Previous Owner Elliott Mark Alan $565,000
Previous Owner Jacquelin Maureen K $211,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2017 02/01/17 Sold $1,050,000 -3.7% $691 / Sq Ft
12/14/2016 12/14/16 Pending -- -- --
09/26/2016 09/26/16 For Sale $1,090,000 +17.8% $717 / Sq Ft
01/20/2015 01/20/15 Sold $925,000 -11.9% $609 / Sq Ft
11/20/2014 11/20/14 Pending -- -- --
08/17/2014 08/17/14 For Sale $1,050,000 -- $691 / 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 $1,520 $1,300,100 $655,700 $644,400
2024 $1,520 $1,144,700 $535,700 $609,000
2023 $1,488 $1,083,200 $472,500 $610,700
2022 $1,599 $999,500 $444,300 $555,200
2021 $1,818 $954,400 $430,200 $524,200
2020 $1,921 $965,400 $430,200 $535,200
2019 $5,636 $948,900 $428,500 $520,400
2018 $5,838 $973,000 $410,800 $562,200
2017 $2,776 $0 $0 $0
2016 $4,851 $857,000 $400,000 $457,000
2015 -- $692,700 $383,000 $309,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 370940

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-2-009-042-0000