NOT LISTED FOR SALE

49 W Lipoa St Unit 224 Kihei, HI 96753

Estimated Value: $620,000 - $855,000

1 Bed
1 Bath
91,040 Sq Ft
2.09 Acres

Last Sold December 07, 2017

Last sale price $425,000 $5 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,811/month

144 Days on Market

Highlights

  • Ocean Front
  • 2.09 Acre Lot
  • Laundry Facilities
  • Heated In Ground Pool
  • Outdoor Grill

About This Home

As of December 2017

Rarely available D building, remodeled 1 bedroom ocean view unit. This unit is in a successful vacation rental program. Tile and granite throughout. Furnishings are also included, turnkey and ready to go. You have very nice ocean and West Maui Mt. views. D building is desirable because there is no road noise or parking lot noise near this building and unit. Unit 224 is only 3 units back from the ocean. This property is one of the few ocean front complexes in Kihei. A smaller quiet complex, which is a hidden gem and is just a short walk to shopping and dining. The property is well maintained with a large heated pool, BBQ, shuffleboard, large grassy grounds with lots of tropical plants, flowers and a water feature that give this complex a very tropical setting. Buyer to honor existing vacation rentals. Buyer to cooperate with Sellers 1031-Tax Deferred Exchange.

Last Agent to Sell the Property

Heidi Farmer

Sunny Maui Vacations License #RB-21317 Listed on: 05/09/2017

Last Buyer's Agent

Patrick Franta

Coldwell Banker Island Prop(S) License #RS-74727

Coldwell Banker Island Prop(S)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,673

Year Built

  • Built in 1979

Lot Details

  • 2.09

Home Design

  • Entry on the 2nd floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Outdoor Features

  • Heated In Ground Pool
  • Outdoor Grill

Additional Features

  • Ocean Views
  • Ocean Front

Community Details

  • Waiohuli Beach Hale Community
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,673

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: Condominium
  • District: Kihei
  • Other Features: Bar-B-Que, Community Laundry
  • Type: Condo
  • View: Ocean
  • Unit: 224
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Year Built: 1979
  • Year Renovated: 2016
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Bathrooms: 1
  • Bedrooms: 1
  • Living Area Sq Ft: 592
  • Floor Level: 2

Exterior Features

  • Pool: Yes
  • Waterfront: Oceanfront
  • Pool Type: In-Ground, Heated

Condo/Co-op/Association

  • Complex Name: Waiohuli Beach Hale
  • Monthly Maintenance Fee: 613

Lot Info

  • Land Acres: 2.09
  • Land Sq Ft: 91040

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2017
Closed on
Nov 21, 2017
Sold by
Voss Herman E and Voss Katherine L
Bought by
Pugazhendhi Bagath Singh and Dhanaraj Monica Arthur
Seller's Agent
Heidi Farmer
Sunny Maui Vacations
Buyer's Agent
Patrick Franta
Coldwell Banker Island Prop(S)
List Price
$475,000
Sold Price
$425,000
Premium/Discount to List
-$50,000
-10.53%
Current Estimated Value
$723,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,897
Avg. Annual Appreciation
7.02%
Original Mortgage
$320,000
Outstanding Balance
$264,670
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$459,227
Source: Public Records

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
Pugazhendhi Bagath Singh $425,000 Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pugazhendhi Bagath Singh $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2017 12/07/17 Sold $425,000 -10.5% $5 / Sq Ft
09/30/2017 09/30/17 Pending -- -- --
05/09/2017 05/09/17 For Sale $475,000 -- $5 / 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 $11,673 $886,100 $334,300 $551,800
2024 $11,673 $933,800 $334,300 $599,500
2023 $7,342 $745,100 $334,300 $410,800
2022 $7,342 $619,600 $168,200 $451,400
2021 $5,893 $530,400 $153,000 $377,400
2020 $5,809 $524,300 $153,000 $371,300
2019 $4,639 $431,500 $139,000 $292,500
2018 $3,376 $363,800 $126,400 $237,400
2017 $3,655 $0 $0 $0
2016 $3,209 $368,400 $120,100 $248,300
2015 $2,399 $335,300 $120,100 $215,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 374029

Maui MLS (REALTORS® Association of Maui)

APN: 2-3-9-009-029-0049