NOT LISTED FOR SALE

50 Laumania Rd Unit 34-B-1-B Kula, HI 96790

Estimated Value: $890,424

2.16 Acres
$412,424 Price per Acre
94,046 Sq Ft Lot

Last Sold November 19, 2021

Last sale price $750,000 $8 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,954/month

191 Days on Market

About This Lot

As of November 2021

Project is on the move and roadway is taking shape! This is one of three remaining lots available in the Keokea Kai Subdivision. Developer intended to build a cottage and the plans are still available (however the permit has expired). Located appx. 3000 ft. above sea level in Keokea, Kula, off of Cross Road. Its soothing climate, spectacular view of Haleakala and bi-coastal ocean views makes this area a desirable place to live. The subdivision is pending Final Approval. A 5/8 in. water meter will be installed. Estimated completion of this project is mid 2021.

Last Agent to Sell the Property

Nathan Kwee

Realty 1st Inc License #RB-15403 Listed on: 02/03/2021

Last Buyer's Agent

Carolyn Wilfley

Bello Realty Inc License #RS-72088

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,512

Lot Details

  • 2.16

Schools

  • Kula Elementary School
  • King Kekaulike High School

Additional Features

  • 2.16 Acre Lot
  • Mountain Views

Listing and Financial Details

  • Assessor Parcel Number 2220041030000

Property Details

Property Type

Land

Est. Annual Taxes

$3,512

Lot Details

0

Listing Details

  • Class: Vacant Land
  • District: Kula/Ulupalakua/Kanaio
  • New Developer Offering: Yes
  • Type: Vacant Land
  • View: Mountain/Ocean
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 7.97

Utilities

  • Water To Site: County Water

Schools

  • Elementary School: Kula Elementary
  • High School: King Kekaulike High
  • Elementary School: Kula Elementary
  • High School: King Kekaulike High

Lot Info

  • Land Acres: 2.158999
  • Land Sq Ft: 94046

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 2220041030000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2021
Closed on
Nov 16, 2021
Sold by
Fong Henry F S and Fong Kathleen
Bought by
Woo Family Trust
Seller's Agent
Nathan Kwee
Realty 1st Inc
Buyer's Agent
Carolyn Wilfley
Bello Realty Inc
List Price
$750,000
Sold Price
$750,000
Current Estimated Value
$890,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,424
Avg. Annual Appreciation
4.45%
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
Woo Family Trust $750,000 Title Guaranty & Escrow Servic
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2021 11/19/21 Sold $750,000 0.0% $8 / Sq Ft
08/13/2021 08/13/21 Pending -- -- --
02/03/2021 02/03/21 For Sale $750,000 -- $8 / 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 $3,512 $734,300 $734,300 --
2024 $3,512 $611,900 $611,900 --
2023 $3,201 $557,700 $557,700 $0
2022 $3,010 $524,400 $524,400 $0
2021 $3,016 $507,700 $507,700 $0
2020 $3,016 $507,700 $507,700 $0
2019 $2,908 $489,500 $489,500 $0
2018 $3,005 $500,800 $500,800 $0
2017 $2,908 $0 $0 $0
2016 $2,586 $456,900 $456,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 390236

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-2-004-103-0000