NOT LISTED FOR SALE

500 Bay Dr Unit 11-B1 Lahaina, HI 96761

Estimated Value: $1,392,485 - $1,503,000

1 Bed
1 Bath
716,562 Sq Ft
16.45 Acres

Last Sold March 19, 2021

Last sale price $765,000 $1 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $9,325/month

197 Days on Market

Highlights

  • Ocean Front
  • 16.45 Acre Lot
  • Stone Flooring
  • In Ground Pool
  • Furnished
  • Chandelier

About This Home

As of March 2021

If you’ve been looking for a tropical escape that marries a laidback lifestyle with easy access to all Maui has to offer, you’ve found it! Kapalua Bay Villas 11B1 is a one-bedroom, one-bathroom unit across a single level in the gorgeous Kapalua resort area, with central access to Oneloa Bay and the world-famous Kapalua Bay. Enjoy breathtaking views of the Pacific and Kapalua Bay Villas’ beautiful tropical landscaping from your lanai or the air-conditioned living room. The unit’s improvements include a kitchen and bathroom remodel as well as new paint, carpet, and tile throughout the unit. Sold furnished and decorated in a classic island style, you can enjoy your retreat right away. Kapalua Bay Villas is an oceanfront condominium community of 141 apartments in twenty-seven 1-story and 2-story buildings. The community is spread across 16.451 acres and offers pools & tennis court. Beach front access to Kapalua Bay and Oneloa Bay is within walking distance from this oceanfront condominium community. The community allows transient vacation rentals. Kapalua has some of Maui’s best dining and is within twenty minutes of downtown Lahaina. YOUR Time Is Now.

Last Agent to Sell the Property

Raymond Chin

Coldwell Banker Island Prop-KP License #RB-20642 Listed on: 08/03/2020

Coldwell Banker Island Prop-KP

Last Buyer's Agent

Cimi Morgan

Epic Realty LLC License #RB-21010

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,168

Year Built

  • Built in 1977

Lot Details

  • Ocean Front

Home Design

  • Entry on the 2nd floor
  • Slab Foundation
  • Shake Roof
  • Masonry
  • Tile

Interior Spaces

  • Furnished
  • Ceiling Fan
  • Chandelier
  • Blinds
  • Family Room
  • Dining Area
  • Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Outdoor Grill

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • Short Term Rentals Allowed
  • Assessor Parcel Number 2420010240004

Community Details

Overview

  • Low-Rise Condominium
  • Kapalua Bay Villas Community

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,168

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Condominium
  • District: Kapalua
  • Other Features: Tennis Court, Bar-B-Que
  • Type: Condo
  • View: Ocean
  • Unit: 11-B1
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Stone/Concrete, Carpet
  • Additional Rooms: Dining Area, Family Room
  • Bathrooms: 1
  • Bedrooms: 1
  • Included: Blinds, Ceiling Fan(s), Chandelier/Swag Lamp, Dishwasher, Dryer, Furnished, Microwave, Range, Refrigerator, Tv Cable, Washing MacHine
  • Living Area Sq Ft: 1006
  • Price Per Sq Ft: 760.44
  • Floor Level: 2

Exterior Features

  • Construction Data: Masonry
  • Design And Structure: Low-Rise 1-3 Stories
  • Exterior Finish: Hollow Tile
  • Pool: Yes
  • Roofing: Cedar Shake
  • Substructure: Concrete Slab
  • Waterfront: Oceanfront
  • Pool Type: In-Ground
  • Uncovered Lanai Deck Sq Ft: 268

Utilities

  • Central Air Conditioning: Y
  • Sewer: Sewer County
  • Utilities To Site: County Water

Condo/Co-op/Association

  • Association Fees Frequency: Monthly
  • Association Manager: Tess Lerback
  • Other Monthly Fees: Maintenance Fees
  • Complex Name: Kapalua Bay Villas
  • Monthly Maintenance Fee: 947

Schools

  • Elementary School: King Kamehameha III Elementary
  • Middle School: Lahaina Intermediate
  • High School: Lahainaluna High

Lot Info

  • Assessed Improvement Value: 572000
  • Assessed Land Value: 300300
  • Land Acres: 16.45
  • Land Sq Ft: 716562

Rental Info

  • Short Term Rental Allowed: Yes

Tax Info

  • Tax Database Id: 1
  • Taxes Per Month: 805.42
  • Assessor Parcel Number: 2420010240004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2020
Closed on
Mar 11, 2021
Sold by
Kapco
Bought by
Sprung Nicholas John and Sprung Lauryn Nicole
Seller's Agent
Raymond Chin
Coldwell Banker Island Prop-KP
Buyer's Agent
Cimi Morgan
Epic Realty LLC
List Price
$850,000
Sold Price
$765,000
Premium/Discount to List
-$85,000
-10%
Current Estimated Value
$1,447,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$682,371
Avg. Annual Appreciation
15.19%
Source: Public Records

Range of Values:

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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
Sprung Nicholas John $765,000 Fnt
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2021 03/19/21 Sold $765,000 -8.7% $1 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
11/17/2020 11/17/20 Price Changed $838,000 -1.4% $1 / Sq Ft
08/03/2020 08/03/20 For Sale $850,000 -- $1 / 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 $20,168 $1,534,200 $310,900 $1,223,300
2024 $20,168 $1,568,000 $310,900 $1,257,100
2023 $16,673 $1,407,000 $310,900 $1,096,100
2022 $11,736 $990,400 $330,400 $660,000
2021 $8,651 $778,700 $300,300 $478,400
2020 $9,665 $872,300 $300,300 $572,000
2019 $7,190 $668,800 $273,000 $395,800
2018 $7,466 $804,500 $248,200 $556,300
2017 $8,305 $0 $0 $0
2016 $5,344 $613,500 $235,800 $377,700
2015 $6,482 $834,800 $429,200 $405,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 388012

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-2-001-024-0004