$850,000
SOLD OCT 4, 2024

49 W Lipoa St Unit 103 Kihei, HI 96753

2 Beds
2 Baths
885 Sq Ft
2.09 Acres

Recently Sold

$960 Per Sq Ft

13% Below List Price

104 Days on Market

Highlights

  • Beach Front
  • Heated Lap Pool
  • Lanai
  • Ocean View
  • 2.09 Acre Lot
  • Furnished

About This Home

As of October 2024

RARE opportunity to own at Waiohuli Beach Hale, a small, low key and serene oceanfront condominium complex located in the heart of Kihei, Maui. The LOWEST priced beach/ocean front 2BR unit in Kihei at time of listing. This ground-floor unit offers direct access to the beautiful sands and clear waters of Lipoa Street Beach as well as private access to the beautiful 60 foot solar-heated lap pool at the complex. One of South Maui’s best kept secrets, this quiet beach off the beaten track is perfect for all your favorite ocean activities - sunbathing, swimming, snorkeling, paddling, and enjoying beautiful beach sunsets 365 days a year. Step inside and you'll find a light filled open-plan living area with all the amenities, including a fully equipped kitchen and comfortable seating, high-speed internet, as well as air-conditioned bedrooms. The private lanai makes for a peaceful setting to take in sunsets and the sounds of the waves when a south swell is up. In addition to pool access, the complex has expansive landscaped grounds and barbecue grills for outdoor dining and a recreation area by the beach. Located within walking distance of local shops, restaurants, and entertainment options. Sold fully furnished and move in ready. Solid income opportunity with historically near full occupancy year round as a short term rental. "Exceptional" 10/10 VRBO rating. Please contact your favorite Realtor for more information and a private showing!

Last Agent to Sell the Property

Klaus Simmer

Compass-W License #RB-22924 Listed on: 05/23/2024

Last Buyer's Agent

Kim Licata

Island Sotheby's Int'l Rlty(W) License #RS-77917

Island Sotheby's Int'l Rlty(W)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,765

Year Built

  • Built in 1979

Interior Spaces

  • 885 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Chandelier
  • Drapes & Rods
  • Blinds
  • Storage
  • Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Pool

  • Heated Lap Pool
  • Heated In Ground Pool

Schools

  • Kihei Elementary School
  • Lokelani Intermediate
  • Maui High School

Additional Features

  • Lanai
  • Beach Front
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 2390090290003

Community Details

Overview

  • Waiohuli Beach Hale Community
  • Waiohuli Beach Hale Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,765

Year Built

Built in 1979

Lot Details

0

Listing Details

  • View: Ocean
  • Year Built: 1979
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • LaundryFeatures: Community Laundry
  • PoolFeatures: Heated, In Ground, Lap
  • Subdivision Name: Waiohuli Beach Hale
  • Carport Y N: No
  • Fireplace: No
  • Garage Yn: No
  • Interior Features: Ceiling Fan(s), Chandelier/Swag Lamp, Furnished, Inventory, Kitchen Ware, Linens, Extra Storage
  • LivingArea: 885
  • WindowFeatures: Blinds, Drapes
  • Master Plan Zoning: A-1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Total Bedrooms: 2

Exterior Features

  • Acres: 2.09
  • View: Yes
  • Waterfront Features: Beach Front
  • Waterfront: Yes
  • Home Warranty: No
  • Patio And Porch Features: Covered Lanai/Deck

Utilities

  • HeatingYN: No

Schools

  • Elementary School: Kihei Elementary
  • High School: Maui High
  • Middle Or Junior School: Lokelani Intermediate

Lot Info

  • Lot Size Sq Ft: 91040
  • ResoLotSizeUnits: Acres
  • Parcel #: 2390090290003
  • Zoning Description: Apartment District
  • ResoLotSizeUnits: Acres

Green Features

Rental Info

  • Lease Term: Short Term Lease

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 10764.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Sep 25, 2024
Sold by
Revocable Trust Of Adam L Farren and Revocable Trust Of Rachel Holz
Bought by
Waiohuli 103 Llc
Seller's Agent
Klaus Simmer
Compass-W
Buyer's Agent
Kim Licata
Island Sotheby's Int'l Rlty(W)
List Price
$975,000
Sold Price
$850,000
Premium/Discount to List
-$125,000
-12.82%
Views
24
Current Estimated Value
$907,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,347
Avg. Annual Appreciation
6.75%

Purchase Details

Closed on
Apr 14, 2022
Sold by
Lavington Farren Adam and Lavington Rachel
Bought by
Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.16%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 11, 2022
Sold by
Abraham Holz Franklin and Abraham Benjamin Julia
Bought by
Holz Rachel

Purchase Details

Closed on
May 10, 2021
Sold by
Kingland Leroy D and The Leroy D Kingland Revocable
Bought by
Holz Franklin Abraham and Holz Julia Benjamin

Purchase Details

Closed on
Apr 14, 2008
Sold by
Kingland Leroy D
Bought by
Kingland Leroy D and The Leroy D Kingland Revocable Living Tr

Purchase Details

Closed on
Nov 16, 1999
Sold by
Mahaffey John Cleophus and Mahaffey Shirley Clausen
Bought by
Kingland Leroy D
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- Fnt
Deed -- Conahan Law Group Lllc
Quit Claim Deed -- Conahan Law Group Lllc
Deed -- Conahan Law Group Lllc
Quit Claim Deed -- Conahan Law Group Lllc
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Deed $750,000 Fam
Interfamily Deed Transfer -- Accommodation
Deed $190,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $350,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2024 10/04/24 Sold $850,000 -5.0% $960 / Sq Ft
09/06/2024 09/06/24 Pending -- -- --
08/25/2024 08/25/24 Price Changed $895,000 -8.2% $1,011 / Sq Ft
05/24/2024 05/24/24 For Sale $975,000 -- $1,102 / 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 $14,144 $1,275,100 $481,900 $793,200
2024 $14,144 $1,121,800 $481,900 $639,900
2023 $10,765 $908,400 $481,900 $426,500
2022 $8,115 $684,800 $242,500 $442,300
2021 $6,239 $561,600 $220,500 $341,100
2020 $3,288 $603,300 $220,500 $382,800
2019 $3,469 $549,800 $200,400 $349,400
2018 $3,399 $538,700 $182,200 $356,500
2017 $3,467 $0 $0 $0
2016 $297 $495,400 $173,100 $322,300
2015 $2,269 $502,000 $173,100 $328,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 402302

Maui MLS (REALTORS® Association of Maui)

APN: 2-3-9-009-029-0003