NOT LISTED FOR SALE

50 Kaalele Place Unit Lot 333 Kula, HI 96790

Estimated Value: $2,344,000 - $2,834,000

0.26 Acre
$9,728,375 Price per Acre
11,326 Sq Ft Lot

Last Sold June 03, 2019

Last sale price $380,000 $34 Per Sq Ft

Est. 580% increase in value since last sale

Current estimated payment $15,407/month

About This Lot

As of June 2019

Beautiful vacant lot situated at the top of one of the most desirable neighborhoods in Upcountry, Kulamanu Estates. This .26 acre property is located on a cul-de-sac with ocean and West Maui mountain views. Complete with an installed county water meter and underground utilities, this gentle sloping lot is the perfect property to build your own custom home. Currently wooded, this lot can be easily cleared in preparation for building. The Kulamanu neighborhood is ideally located on the slopes of Haleakala at a great elevation, and conveniently close to the best schools, shops, restaurants, and activities Upcounty Maui has to offer.

Last Agent to Sell the Property

Wendy R. Peterson

Island Sotheby's Int'l Rlty(M) License #RS-61995 Listed on: 03/31/2019

Island Sotheby's Int'l Rlty(M)

Last Buyer's Agent

Mino McLean

Island Sotheby's Int'l Rlty(M) License #RB-21623

Island Sotheby's Int'l Rlty(M)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,311

Lot Details

  • 0.26 Acre Lot
  • Property fronts a county road
  • Gentle Sloping Lot

HOA Fees

  • $72 Monthly HOA Fees

Property Views

  • Mountain Views

Utilities

  • Underground Utilities
  • Phone Available

Property Details

Property Type

Land

Est. Annual Taxes

$14,311

Lot Details

0

HOA Fees

$72 per month

Listing Details

  • Class: Vacant Land
  • District: Kula/Ulupalakua/Kanaio
  • Roads: Paved, County
  • Type: Vacant Land
  • View: Mountain/Ocean
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Utilities To Site: County Water, Telephone, Underground Electricity
  • Water To Site: County Water Meter Ins

Condo/Co-op/Association

  • Association Fees Frequency: Monthly
  • Association Fees: 72

Lot Info

  • County Zoning: R-1 Residential
  • Land Acres: 0.260009
  • Land Sq Ft: 11326
  • State Zoning: Urban
  • Topography: Gentle Slope
  • Improvements: Underground Utilities, Curbs, Street Lights
  • Land Use: Residential

Tax Info

  • Taxes Per Month: 163.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2024
Sold by
Krauss Joshua Charles and Krauss Nicole Michelle
Bought by
Nicole And Joshua Krauss Trust and Krauss
Current Estimated Value
$2,583,022

Purchase Details

Closed on
Dec 12, 2023
Sold by
Larner Jeremy and Larner Gabriela
Bought by
Krauss Joshua Charles and Krauss Nicole Michelle

Purchase Details

Closed on
Sep 10, 2021
Sold by
Wada Steven Shigeo and Vance Katalina Teja
Bought by
Larner Jeremy

Purchase Details

Closed on
Jun 29, 2021
Sold by
Kit K Okazaki Revocable Living Trust
Bought by
Wada Steven Shigeo and Vance Katalina Teja

Purchase Details

Closed on
Dec 31, 2020
Sold by
Okazaki Kit K
Bought by
Okazaki Kit K and Kit K Okazaki Revocable Living Trust

Purchase Details

Listed on
Mar 31, 2019
Closed on
May 15, 2019
Sold by
Hawaii King Family L L C
Bought by
Okazaki Kit K and Kit K Okazaki Revocable Living Trust
Seller's Agent
Wendy R. Peterson
Island Sotheby's Int'l Rlty(M)
Buyer's Agent
Mino McLean
Island Sotheby's Int'l Rlty(M)
List Price
$395,000
Sold Price
$380,000
Premium/Discount to List
-$15,000
-3.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.52%
Original Mortgage
$285,000
Interest Rate
4.1%
Mortgage Type
New Conventional
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
Nicole And Joshua Krauss Trust -- None Listed On Document
Krauss Joshua Charles -- None Listed On Document
Larner Jeremy $2,450,000 Tg
Wada Steven Shigeo $885,920 Title Guaranty & Escrow Servic
Wada Steven Shigeo $885,920 Title Guaranty & Escrow Servic
Okazaki Kit K $190,000 None Available
Okazaki Kit K $380,000 Fnt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Larner Jeremy $17,638,000
Previous Owner Okazaki Kit K $285,000
Previous Owner Okazaki Kit K $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2019 06/03/19 Sold $380,000 -3.8% $34 / Sq Ft
03/31/2019 03/31/19 Pending -- -- --
03/31/2019 03/31/19 For Sale $395,000 -- $35 / 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 $14,311 $2,254,800 $826,600 $1,428,200
2024 $14,311 $1,993,000 $620,000 $1,373,000
2023 $12,955 $1,888,100 $516,600 $1,371,500
2022 $10,519 $1,583,600 $341,000 $1,242,600
2021 $1,668 $306,000 $306,000 $0
2020 $2,043 $374,900 $374,900 $0
2019 $1,999 $357,000 $357,000 $0
2018 $1,958 $354,700 $354,700 $0
2017 $1,933 $0 $0 $0
2016 $1,796 $338,800 $338,800 $0
2015 -- $308,000 $308,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 382370

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-3-023-093-0000