NOT LISTED FOR SALE

4850 Makena Alanui Unit F302 Kihei, HI 96753

Wailea-Makena Neighborhood

Estimated Value: $5,334,000 - $6,033,000

3 Beds
3 Baths
706,979 Sq Ft
16 Acres

Last Sold August 20, 2015

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

Est. 89% increase in value since last sale

Current estimated payment $38,665/month

195 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Outdoor Grill
  • Ocean View
  • 16.23 Acre Lot
  • Central Air

About This Home

As of August 2015

IMAGINE BEING ON A CRUISE SHIP WITH NO MOTION OF THE OCEAN! THIS IS HOW CLOSE YOU ARE TO THE CRYSTAL BLUE PACIFIC FROM THIS DIRECT OCEANFRONT EXCLUSIVE PENTHOUSE BOASTING HIGH CEILINGS AND RENOVATED KITCHEN WITH UNMATCHED SWEEPING VIEWS OF THE MAKENA COAST LINE AND OUTER ISLANDS. A VERY RARE AND EXCLUSIVE OFFERING ON MAUl! DIRECT OCEAN FRONT 3 BEDROOM 3 BATH FULLY FURNISHED CONDO IN THE WORLD FAMOUS MAKENA RESORT FEATURING WHITE SANDY BEACHES, TURTLE TOWN, TWO POOLS, TENNIS COURTS ALL WITH ELECTRONIC GATED ENTRY, WORLD CLASS SHOPPING AND FINE DINING ONLY MINUTES AWAY. ONE OF TWO THIRD FLOOR PENTHOUSE UNITS CONSIDERED BY MANY TO BE THE FINEST. THIS MAY BE OFFERED WITH ANOTHER 3B/2.5 PENTHOUSE ATTACHED UNIT GIVING YOU A TOTAL OF 6 BEDROOMS 5.5 BATHS AND ONE UNMATCHED COMBINED LANAI IN ADDITION TO 2 SEPARATE LANAIS FOR A TOTAL OF THREE EXPANSIVE OCEAN FRONT LANAIS FACING BOTH SOUTH AND WEST TO SEE AND ENJOY IT ALL INCLUDING YEAR-AROUND SUNSETS!!

Last Listed By

Dennis Rush

Compass License #RB-16109 Listed on: 11/21/2014

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $83,422

Year Built

  • Built in 1984

Lot Details

  • 16

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • In Ground Pool
  • Outdoor Grill

Utilities

  • Central Air
  • Underground Utilities
  • Phone Available
  • Cable TV Available

Additional Features

  • Ocean Views
  • Beach Front

Community Details

Overview

  • Makena Surf Community

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$83,422

Year Built

Built in 1984

Lot Details

0

Listing Details

  • District: Wailea/Makena
  • Other Features: Tennis Court, Bar-B-Que
  • Type: Condo
  • View: Ocean
  • Unit: F302
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Year Built: 1984
  • Year Renovated: 2010
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Bathrooms: 3
  • Bedrooms: 3
  • Living Area Sq Ft: 1640
  • Floor Level: 3

Exterior Features

  • Pool: Yes
  • Waterfront: Beachfront
  • Pool Type: In-Ground
  • Uncovered Lanai Deck Sq Ft: 810

Utilities

  • Central Air Conditioning: y
  • Sewer: Sewer County, Sewer Connected
  • Utilities To Site: County Water, County Wat Metr Installed, Underground Electricity, Telephone, Tv Cable

Condo/Co-op/Association

  • Complex Name: Makena Surf
  • Monthly Maintenance Fee: 1884

Lot Info

  • County Zoning: A-1 Apartment District
  • Land Acres: 16.23
  • Land Sq Ft: 706979
  • State Zoning: Urban

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2014
Closed on
Aug 17, 2015
Sold by
Turtle View Llc
Bought by
Heller 2002 Family Trust
Seller's Agent
Dennis Rush
Compass
Buyer's Agent
Bob Hansen
Maui Luxury Real Estate LLC
List Price
$3,088,000
Sold Price
$3,000,000
Premium/Discount to List
-$88,000
-2.85%
Total Days on Market
195
Current Estimated Value
$5,665,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,665,709
Avg. Annual Appreciation
6.72%
Original Mortgage
$1,500,000
Outstanding Balance
$1,190,185
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$4,475,524

Purchase Details

Closed on
Jun 1, 2007
Sold by
Lux Frederick Wilhelm
Bought by
Turtle View Llc

Purchase Details

Closed on
Feb 9, 2007
Sold by
Nesolin Processes B V
Bought by
Lux Frederick Wilhelm and The Turtle Revocable Trust

Purchase Details

Closed on
Feb 22, 2000
Sold by
280955 Alberta Ltd
Bought by
Nesolin International Processes Bv

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
Heller 2002 Family Trust $3,000,000 Fntic
Turtle View Llc $1,000 None Available
Lux Frederick Wilhelm $2,650,000 Fntic
Nesolin International Processes Bv $1,519,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heller 2002 Family Trust $1,500,000
Closed Heller Steve E $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2015 08/20/15 Sold $3,000,000 -2.8% $4 / Sq Ft
06/04/2015 06/04/15 Pending -- -- --
11/21/2014 11/21/14 For Sale $3,088,000 -- $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 $83,422 $3,774,800 $983,400 $2,791,400
2024 $83,422 $5,928,100 $983,400 $4,944,700
2023 $58,160 $4,908,000 $983,400 $3,924,600
2022 $36,274 $3,061,100 $494,900 $2,566,200
2021 $31,725 $2,842,100 $449,900 $2,392,200
2020 $34,050 $3,073,100 $449,900 $2,623,200
2019 $32,061 $2,982,400 $409,000 $2,573,400
2018 $25,652 $2,764,200 $371,800 $2,392,400
2017 $17,894 $0 $0 $0
2016 $1,451 $2,419,100 $353,200 $2,065,900
2015 -- $2,459,500 $353,200 $2,106,300
2014 -- $2,508,200 $320,700 $2,187,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 362873

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-1-007-095-0064