NOT LISTED FOR SALE

479 Luawai St Unit A Lahaina, HI 96761

Estimated Value: $1,400,080 - $1,554,000

5.28 Acres
$279,690 Price per Acre
230,040 Sq Ft Lot

Last Sold October 13, 2016

Last sale price $699,000 $3 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $8,588/month

293 Days on Market

About This Lot

As of October 2016

Incredible Sweeping Panoramic Ocean Views from this 3.413 acre main house lot. This lot is the main house portion of a cpr'd lot. The area is home to a boutique 14 lot agricultural subdivision with views of Kahoolawe, Lanai and Molokai. Located right above one of the best snorkeling areas in Olowalu, it is peaceful and private for your own piece of paradise. The area has private water ( meters will need to installed by new owner) and private roads.

Last Agent to Sell the Property

Debbie Arakaki

Compass License #RB-20674 Listed on: 12/08/2015

Compass

Last Buyer's Agent

Lori Powers

Island Sotheby's International Realty(L) License #RB-23242

Island Sotheby's International Realty(L)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,855

Lot Details

  • 5.28

HOA Fees

  • $125 Monthly HOA Fees

Utilities

  • Private Water Source
  • Septic Tank

Additional Features

  • 5.28 Acre Lot
  • Ocean Views

Property Details

Property Type

Land

Est. Annual Taxes

$7,855

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Class: Vacant Land
  • District: Olowalu
  • Type: Vacant Land
  • View: Ocean
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer: Septic Tank
  • Water To Site: Private Water

Condo/Co-op/Association

  • Association Fees Frequency: Monthly
  • Association Fees: 125

Lot Info

  • County Zoning: Agricultural
  • Cpr Land Acres: 3.413
  • Cpr Land Sq Ft: 148670
  • Land Acres: 5.280991
  • Land Sq Ft: 230040

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2022
Sold by
Cornelis Koole Francis and Cornelis Nadja
Bought by
Jamieson Richard Gerald and Jamieson Denetta Lynn
Current Estimated Value
$1,477,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$469,339
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$1,007,701

Purchase Details

Closed on
Mar 5, 2021
Sold by
Gay Dennis G and Labrecque Lisa
Bought by
Koole Francis Cornelis and Koole Nadja

Purchase Details

Closed on
Nov 13, 2017
Sold by
Gay Dennis Gene and Labrecque Lisa Marie
Bought by
Gay Dennis G and Labrecque Lisa

Purchase Details

Listed on
Dec 8, 2015
Closed on
Oct 7, 2016
Sold by
Trop Timothy Neil and Peddle Laura Christine
Bought by
Gay Dennis Gene and Labrecque Lisa Marie
Seller's Agent
Debbie Arakaki
Compass
Buyer's Agent
Lori Powers
Island Sotheby's International Realty(L)
List Price
$849,000
Sold Price
$699,000
Premium/Discount to List
-$150,000
-17.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.64%
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
Jamieson Richard Gerald $1,664,000 New Title Company Name
Jamieson Richard Gerald $1,664,000 New Title Company Name
Koole Francis Cornelis $850,000 Fnt
Gay Dennis G -- None Available
Gay Dennis Gene -- Fntic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jamieson Richard Gerald $500,000
Closed Jamieson Richard Gerald $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2016 10/13/16 Sold $699,000 -17.7% $3 / Sq Ft
09/26/2016 09/26/16 Pending -- -- --
12/08/2015 12/08/15 For Sale $849,000 -- $4 / 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 $7,855 $1,507,900 $1,261,400 $246,500
2024 $7,855 $1,368,500 $1,368,500 --
2023 $7,131 $1,242,300 $1,242,300 $0
2022 $5,595 $974,800 $974,800 $0
2021 $2,725 $917,400 $917,400 $0
2020 $5,070 $917,400 $917,400 $0
2019 $6,272 $993,900 $993,900 $0
2018 $5,307 $841,000 $841,000 $0
2017 $5,194 $0 $0 $0
2016 $459 $764,500 $764,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 367500

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-8-003-093-0001