NOT LISTED FOR SALE

4850 Makena Alanui Unit E203 Kihei, HI 96753

Estimated Value: $4,008,000 - $6,002,000

2 Beds
2 Baths
1,313 Sq Ft
706,979 Sq Ft Lot

Last Sold June 25, 2024

Last sale price $4,900,000 $3,732 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $30,463/month

4 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Furnished
  • Ocean View
  • 16.23 Acre Lot
  • Home Gym

About This Home

As of June 2024

Nestled in the coveted Makena Surf community, Unit E203 offers an unparalleled coastal lifestyle with breathtaking ocean and Po’olenalena Beach views. This meticulously renovated 2-bedroom, 2-bathroom haven epitomizes luxury living, boasting front-row ocean views that greet you from the moment you step inside.With travertine flooring throughout and high end Wolf and Subzero appliances, E203 is a realm of sophistication and comfort. The unit is equipped with newly appointed designer furniture, creating an ambiance of refined elegance. Experience entertainment like never before with state-of-the-art "Control 4" remotes, seamlessly integrating with the brand new Samsung framed TVs equipped with custom sound bars and surround sound speakers. Enjoy an immersive AV experience that complements the stunning sunsets visible from your living space.A recent robust network upgrade ensures reliable and lightning-fast connections throughout the residence, catering to both entertainment and productivity needs. Outside, the property has undergone extensive enhancements, including a complete exterior paint, new gutters, and fully remodeled pools. Tennis and pickleball enthusiasts will appreciate the renewed courts. Unit E203 comes fully furnished and is ready for vacation rentals. With its prime location, residents enjoy easy access to world-class golf courses, upscale shopping in Wailea, delectable dining options, and some of Maui's most pristine beaches, completing the ultimate Maui lifestyle experience.

Last Agent to Sell the Property

Bradley MacArthur

Hawaii Life (W) License #RB-17807 Listed on: 04/22/2024

Hawaii Life (W)

Co-Listed By

Tyler MacArthur

Hawaii Life (W) License #RS-82798

Last Buyer's Agent

General Public

General Public

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $55,988

Year Built

  • Built in 1984

Lot Details

  • 16.23

Home Design

  • Slab Foundation
  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,313 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds
  • Storage
  • Home Gym
  • Tile Flooring
  • Ocean Views
  • Home Security System

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa

Utilities

  • No Heating
  • Underground Utilities
  • Cable TV Available

Additional Features

  • Outdoor Grill
  • Beach Front

Listing and Financial Details

  • Assessor Parcel Number 2210070950031

Community Details

Overview

  • Low-Rise Condominium
  • Makena Surf Community

Security

  • Security Guard
  • Fire and Smoke Detector

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$55,988

Year Built

Built in 1984

Lot Details

16.23 Acres

Listing Details

  • View: Ocean
  • Year Built: 1984
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • PoolFeatures: In Ground
  • SecurityFeatures: Security System, Smoke/Heat Detector, Security Guard
  • Co List Office Mls Id: 9121
  • Co List Office Phone: 800-677-5028
  • Carport Y N: No
  • Fireplace: No
  • Garage Yn: No
  • Interior Features: Ceiling Fan(s), Furnished, Inventory, Kitchen Ware, Linens, TV Cable, Exercise Room, Extra Storage
  • LivingArea: 1313
  • Property Attached Yn: Yes
  • Roof: Monier Tile/Tile
  • Structure Type: Low-Rise 1-3 Stories
  • WindowFeatures: Blinds
  • Tax Year: 2023
  • Master Plan Zoning: A-1
  • Financial Info Electric: Underground
  • LandTenure: Fee Simple
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile
  • Spa Features: Spa/Hot Tub
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Total Bedrooms: 2

Exterior Features

  • Acres: 16.23
  • View: Yes
  • Waterfront Features: Beach Front
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Stucco, Concrete
  • Exterior Features: Barbecue, Tennis Court(s)
  • Foundation Details: Concrete Slab

Utilities

  • Sewer: Public Sewer
  • HeatingYN: No
  • Utilities: Phone Connected, Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 706979
  • ResoLotSizeUnits: Acres
  • Parcel #: 2210070950031
  • Zoning Description: Apartment District
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Short Term Lease

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 55988.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2024
Closed on
Jun 14, 2024
Sold by
William T Morrow Trust and Morrow William T
Bought by
Jen Polynesia Holdings Llc
Seller's Agent
Bradley MacArthur
Hawaii Life (W)
Buyer's Agent
General Public
General Public
List Price
$5,250,000
Sold Price
$4,900,000
Premium/Discount to List
-$350,000
-6.67%
Views
14
Current Estimated Value
$4,660,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$239,915
Avg. Annual Appreciation
-2.88%
Original Mortgage
$3,500,000
Outstanding Balance
$3,449,571
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$1,210,514

Purchase Details

Listed on
Mar 30, 2018
Closed on
Jun 11, 2018
Sold by
Patterson John J and Patterson Barbara A
Bought by
Morrow William T and William T Morrow Trust
Seller's Agent
Jeff Simon
Hawaii Life (W)
Buyer's Agent
Bradley MacArthur
Hawaii Life (W)
List Price
$3,100,000
Sold Price
$2,950,000
Premium/Discount to List
-$150,000
-4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.81%

Purchase Details

Closed on
Dec 2, 2010
Sold by
Patterson Barbara Ann
Bought by
Patterson Barbara A and Barbara A Patterson Qualified Personal R

Purchase Details

Closed on
Apr 26, 2004
Sold by
Louchheim Harry A and Stein Isaac
Bought by
Patterson John J and Patterson Barbara

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
Interest Rate
3.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 22, 2004
Sold by
Bank Of Hawaii
Bought by
Louchheim Harry A and Stein Isaac

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
Interest Rate
3.25%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jen Polynesia Holdings Llc -- Tge
Morrow William T $2,950,000 Tg
Patterson Barbara A -- None Available
Patterson John J -- None Available
Patterson John Joseph -- None Available
Patterson John J $2,150,000 --
Louchheim Harry A $1,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jen Polynesia Holdings Llc $3,500,000
Previous Owner Patterson John J $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/25/2024 06/25/24 Sold $4,900,000 -6.7% $3,732 / Sq Ft
04/27/2024 04/27/24 Pending -- -- --
04/22/2024 04/22/24 For Sale $5,250,000 +78.0% $3,998 / Sq Ft
06/22/2018 06/22/18 Sold $2,950,000 -4.8% $4 / Sq Ft View Prior Sale
05/25/2018 05/25/18 Pending -- -- --
03/30/2018 03/30/18 For Sale $3,100,000 -- $4 / Sq Ft
Source: Maui MLS (REALTORS® Association of Maui)

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 $74,597 $6,171,100 $627,800 $5,543,300
2024 $74,597 $5,339,800 $627,800 $4,712,000
2023 $55,988 $4,724,700 $627,800 $4,096,900
2022 $43,495 $3,670,500 $315,900 $3,354,600
2021 $32,429 $2,905,000 $287,200 $2,617,800
2020 $18,282 $2,903,900 $287,200 $2,616,700
2019 $16,022 $2,539,200 $261,100 $2,278,100
2018 $14,844 $2,352,400 $237,400 $2,115,000
2017 $15,551 $0 $0 $0
2016 $1,267 $2,110,900 $225,500 $1,885,400
2015 $12,167 $2,065,000 $225,500 $1,839,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 401906

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-1-007-095-0031

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