NOT LISTED FOR SALE

50 Kaalele Place Kula, HI 96790

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

4 Beds
3 Baths
3,300 Sq Ft
$767/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $2,575,000 $780 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $14,975/month

78 Days on Market

Highlights

  • Mountain View
  • Den
  • Laundry Room
  • Wood Flooring
  • Fireplace
  • Storage Room

About This Home

As of December 2023

Welcome to 50 Kaalele Place, an exquisite home nestled at the top of the esteemed Kulamanu Subdivision in picturesque Kula, Maui. Boasting breathtaking bi-coastal ocean views, mountain views and the islands beyond, this modern sanctuary offers the perfect blend of luxurious living and natural island beauty. Built in 2021, this stunning residence offers a generous 3,300 square feet of living space, ensuring abundant room for both comfortable living and entertaining. From the moment you step inside, you will be captivated by the sleek and contemporary interior design, creating a harmonious balance between functionality and style.The impeccably designed kitchen, complete with top-of-the-line appliances will delight any culinary enthusiast. The open concept living and dining areas provide a seamless flow throughout, while expansive windows flood the space with natural light, creating an airy and inviting atmosphere. The primary suite is a true sanctuary, featuring a spacious layout, a walk-in closet, and an en-suite bathroom with luxurious finishes. Take in the spectacular Maui views as you sip your morning coffee on the spacious lanai, or host unforgettable barbecues with friends and family. Revel in the tranquility of Kula's charming community while being just a short drive away from world-class beaches, renowned golf courses, top upcountry schools, and the vibrant amenities of nearby towns.

Last Agent to Sell the Property

Wendy R. Peterson

Island Sotheby's Int'l Rlty(M) License #RS-61995 Listed on: 06/27/2023

Island Sotheby's Int'l Rlty(M)

Co-Listed By

Kate Peterson

Island Sotheby's Int'l Rlty(M) License #RS-83528

Last Buyer's Agent

Mino McLean

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

Island Sotheby's Int'l Rlty(M)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,311

Year Built

  • Built in 2021

Lot Details

  • 0.26

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Double Stud Wall

Interior Spaces

  • 3,300 Sq Ft Home
  • Ceiling Fan
  • Chandelier
  • Fireplace
  • Blinds
  • Family Room
  • Dining Area
  • Den
  • Storage Room
  • Wood Flooring
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Additional Features

  • 0.26 Acre Lot
  • Cable TV Available

Community Details

  • Kulamanu Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,311

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Class: Residential
  • District: Kula/Ulupalakua/Kanaio
  • Perm To Adv Upcoming1: Yes
  • Perm To Adv Upcoming2: Yes
  • Roads: Paved
  • Type: Single Family
  • View: Mountain/Ocean
  • Year Built House: 2021
  • Geo Subdivision: HI
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2021

Interior Features

  • Flooring: Wood
  • Additional Rooms: Den/Study, Dining Area, Family Room, Laundry Room, Storage Room
  • Bathrooms: 3
  • Bedrooms: 4
  • Included: Auto Garage Door Opener, Blinds, Ceiling Fan(s), Chandelier/Swag Lamp, Dishwasher, Disposal, Fireplace, Microwave, Range, Refrigerator, Smoke/Heat Detector, Tv Cable, Washing MacHine
  • Living Area Sq Ft: 3300
  • Price Per Sq Ft: 780.3
  • Total Living Sq Ft: 3300

Exterior Features

  • Construction Data: Double Wall
  • Covered Lanai Deck Sq Ft House: 192
  • Roofing: Asphalt/Comp Shingle
  • Substructure: Concrete Slab

Garage/Parking

  • Garage: Yes
  • Number of Car Spaces: 2

Utilities

  • Utilities To Site: County Water

Lot Info

  • Land Acres: 0.2601
  • Land Sq Ft: 11330
  • Geo Address Line: 50 Kaalele Pl
  • Geo Primary City: Kula
  • Geo Quality: 0.95
  • Geo Zoom Level: 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
$2,529,465

Purchase Details

Listed on
Jun 27, 2023
Closed on
Dec 12, 2023
Sold by
Larner Jeremy and Larner Gabriela
Bought by
Krauss Joshua Charles and Krauss Nicole Michelle
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
$2,795,000
Sold Price
$2,575,000
Premium/Discount to List
-$220,000
-7.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.60%

Purchase Details

Listed on
Aug 16, 2021
Closed on
Sep 10, 2021
Sold by
Wada Steven Shigeo and Vance Katalina Teja
Bought by
Larner Jeremy
Seller's Agent
Jo-Ann Aki
Emerald Club Realty Inc
Buyer's Agent
Jo-Ann Aki
Emerald Club Realty Inc
List Price
$2,500,000
Sold Price
$2,450,000
Premium/Discount to List
-$50,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.24%

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

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

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
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
12/15/2023 12/15/23 Sold $2,575,000 -7.9% $780 / Sq Ft
09/13/2023 09/13/23 Pending -- -- --
06/27/2023 06/27/23 For Sale $2,795,000 +14.1% $847 / Sq Ft
09/15/2021 09/15/21 Sold $2,450,000 -2.0% $742 / Sq Ft
08/19/2021 08/19/21 Pending -- -- --
08/16/2021 08/16/21 For Sale $2,500,000 -- $758 / 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: 399243

Maui MLS (REALTORS® Association of Maui)

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