NOT LISTED FOR SALE

50 Hoolai St Makawao, HI 96768

Estimated Value: $1,290,000 - $1,696,000

4 Beds
3 Baths
3,176 Sq Ft
$473/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $1,125,000 $354 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $8,107/month

79 Days on Market

About This Home

As of December 2021

Welcome to 21st century living with a warm country feel. A gem in the heart of Makawao. This highly upgraded 2616 sf two story home sits on a very usable and upgradable 14470 sf lot which falls under Maui County Ordinance 4936 which allows for the permitting and building of Accessory dwellings. (Check the limitations) Fully integrated Smart Home designed and installed by the "Intuitive Home, LLc. (The contractor to the stars) features an entertainment system with ceiling mounted Sonance speakers (found in only the best homes) in both the living room and downstairs covered lanai. Artison speakers compliment the 84 inch television that will remain with the new owners and all of it controlled with the top of the line RTI controllers. The massive, extremely well built lanai boasts amazing views from nearly every direction just screaming for entertainment with holiday sockets and great lighting throughout. Two larges shipping containers on pier slabs in the back yard are arranged in an L shape with a wooden shed built in between which sits on a concrete slab. The largest of the containers has been insulated and comes with a Daikin split A/C and all of them have pitched and shingled roofing. The arrangement has its own electric panel. Lighting and sockets throughout. 2017 Renovations include: Concrete lanai, new 2nd story lanai, new walls with double insulation inside and single insulation outside, new floors, top of the line sconces, lights etc. (most have at least two years warranty remaining) all Elco LED of course, rec room addition, jacuzzi slab,new bathroom and Smart features abound. Garage rocks with beautiful black metal cabinetry, shelving and work benches finished with wooden counters on each side. The refrigerator and stand up freezer will remain as well as the one year old GE front load, high capacity washer and dryer. The second floor was given insulation when the outside was modernized with Hardie Panel.

Last Agent to Sell the Property

Ethan Shelton

Keller Williams Realty Maui-Ka License #RS-54478 Listed on: 08/09/2021

Keller Williams Realty Maui-Ka

Last Buyer's Agent

Jocelyn Moniz

Fine Island Properties LLC License #RS-82820

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,755

Year Built

  • Built in 2002

Lot Details

  • 0.33 Acre Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 3,176 Sq Ft Home
  • Mountain Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 2240230680000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,755

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: Residential
  • District: Makawao/Olinda/Haliimaile
  • Perm To Adv Upcoming1: Yes
  • Perm To Adv Upcoming2: Yes
  • Type: Single Family W/Att Ohana
  • View: Mountain
  • Year Built House: 2002
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2002
  • Year Renovated: 2007

Interior Features

  • Bathrooms: 3
  • Bedrooms: 4
  • Living Area Sq Ft: 2616
  • Ohana Bedrooms: 1
  • Ohana Bathrooms: 1
  • Ohana Living Area Sq Ft: 560
  • Price Per Sq Ft: 354.22
  • Total Living Sq Ft: 3176

Exterior Features

  • Ohana Covered Lanai Deck Sq Ft: 672
  • Ohana Uncovered Lanai Deck Sq Ft: 1058
  • Ohana Year Built: 2002
  • Uncovered Lanai Deck SqFt House: 1058

Garage/Parking

  • Garage: Yes
  • Number of Car Spaces: 2
  • Garage Parking Sq Ft House: 616

Utilities

  • Ohana Room A C Number: 1

Schools

  • Elementary School: Makawao Elementary
  • Middle School: Samuel E Kalama Intermediate
  • High School: King Kekaulike High

Lot Info

  • Land Acres: 0.3322
  • Land Sq Ft: 14471

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 2240230680000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2024
Sold by
Cho Joel K
Bought by
Joel K Cho Trust and Cho
Current Estimated Value
$1,501,439

Purchase Details

Listed on
Aug 9, 2021
Closed on
Dec 20, 2021
Sold by
Turner Andrew and Turner Kristi L
Bought by
Cho Joel K
Seller's Agent
Ethan Shelton
Keller Williams Realty Maui-Ka
Buyer's Agent
Jocelyn Moniz
Fine Island Properties LLC
List Price
$1,300,000
Sold Price
$1,125,000
Premium/Discount to List
-$175,000
-13.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.00%
Original Mortgage
$900,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2015
Sold by
Yokoyama Troy Kiichi and Yokoyama Jean Aiko
Bought by
Turner Andrew and Turner Kristi L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,943
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 28, 2002
Sold by
Makekau Stanley N B and Makekau Stanley
Bought by
Makekau Jeffery N

Purchase Details

Closed on
Jul 23, 2002
Sold by
Kimura Nagato and Kimura Norma Nobuko
Bought by
Yokoyama Troy Kiichi and Yokoyama Jean Aiko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.7%
Mortgage Type
Construction
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
Joel K Cho Trust -- None Listed On Document
Cho Joel K -- Tg
Turner Andrew $500,000 Or
Makekau Jeffery N -- --
Yokoyama Troy Kiichi $145,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cho Joel K $900,000
Previous Owner Turner Andrew $490,943
Previous Owner Yokoyama Troy Kiichi $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $1,125,000 -2.2% $354 / Sq Ft
10/27/2021 10/27/21 Pending -- -- --
10/15/2021 10/15/21 Price Changed $1,150,000 -8.0% $362 / Sq Ft
09/10/2021 09/10/21 Price Changed $1,250,000 -3.8% $394 / Sq Ft
08/09/2021 08/09/21 For Sale $1,300,000 -- $409 / 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 $1,755 $1,871,000 $1,159,000 $712,000
2024 $1,755 $1,299,900 $618,200 $681,700
2023 $7,196 $1,304,200 $618,200 $686,000
2022 $7,196 $1,168,200 $528,000 $640,200
2021 $1,912 $993,300 $489,400 $503,900
2020 $1,354 $739,600 $386,300 $353,300
2019 $1,909 $858,200 $515,100 $343,100
2018 $1,912 $870,800 $437,900 $432,900
2017 $1,785 $0 $0 $0
2016 $1,621 $800,200 $399,200 $401,000
2015 $550 $679,700 $334,800 $344,900
2014 $550 $595,400 $283,300 $312,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 392588

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-4-023-068-0000