$935,384
SOLD JAN 4, 2016

500 Bay Dr Unit 14B1 Lahaina, HI 96761

Kapalua Neighborhood
1 Bed
1 Bath
716,562 Sq Ft
16 Acres

Recently Sold

$1 Per Sq Ft

13% Below List Price

187 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Central Air
  • Ocean View
  • 16.45 Acre Lot

About This Home

As of January 2016

Perched overlooking the Pacific Ocean with spectacular views of Molokai, this beautifully renovated one bedroom villa was completely remodeled with travertine floors, new carpeting, new kitchen and bathroom cabinetry, granite countertops, new sliding glass doors and a custom entertainment center. In addition to the remodel, a newly upgraded high efficiency dual-zone AC system has just been installed. A sheltered lanai is protected from the prevailing trade winds and allows you to enjoy time outside. Offered furnished and turn-key, this villa offers spacious single level living. The Bay Villas are located in the heart of the Kapalua Resort, and have direct beach access to Oneloa Bay as well as two tennis courts and three swimming pools.

Last Agent to Sell the Property

Courtney Brown

Island Sotheby's International Realty(L) License #RS-56519 Listed on: 04/10/2015

Island Sotheby's International Realty(L)

Co-Listed By

Rob Shelton

Island Sotheby's International Realty(L) License #RB-21133

Last Buyer's Agent

Anita White

Island Sotheby's International Realty(L) License #RB-21022

Island Sotheby's International Realty(L)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,325

Year Built

  • Built in 1977

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Central Air
  • Underground Utilities
  • Private Water Source
  • Phone Available
  • Cable TV Available

Additional Features

  • Ocean Views
  • In Ground Pool
  • Beach Front

Community Details

Overview

  • Kapalua Bay Villas Community

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,325

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Condominium
  • District: Kapalua
  • Other Features: Tennis Court
  • Type: Condo
  • View: Ocean
  • Unit: 14B1
  • Year Built: 1977
  • Year Renovated: 2006
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Bathrooms: 1
  • Bedrooms: 1
  • Living Area Sq Ft: 1006
  • Floor Level: 1

Exterior Features

  • Pool: Yes
  • Waterfront: Beachfront
  • Pool Type: In-Ground
  • Uncovered Lanai Deck Sq Ft: 268

Utilities

  • Central Air Conditioning: Y
  • Utilities To Site: Private Water, Underground Electricity, Telephone, Tv Cable

Condo/Co-op/Association

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

Lot Info

  • County Zoning: A-2 Apartment District
  • Land Acres: 16.45
  • Land Sq Ft: 716562
  • State Zoning: Urban

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2015
Closed on
Dec 22, 2015
Sold by
Larsen Erik R and Larsen Monica A
Bought by
Bruce K Hall & Jana L Hall Revocable Tr
Seller's Agent
Courtney Brown
Island Sotheby's International Realty(L)
Buyer's Agent
Anita White
Island Sotheby's International Realty(L)
List Price
$1,075,000
Sold Price
$935,384
Premium/Discount to List
-$139,616
-12.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.52%
Original Mortgage
$728,000
Outstanding Balance
$584,767
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$980,585

Purchase Details

Closed on
Mar 29, 2005
Sold by
Siebert Barbara
Bought by
Larsen Erik R and Larsen Monica A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$666,000
Interest Rate
5.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 10, 2003
Sold by
Siebert Barbara
Bought by
Siebert Barbara and Barbara Siebert Living Trust
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $935,384 Fntic
Deed $895,000 Tg
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $728,000 New Conventional
Previous Owner $625,500 New Conventional
Previous Owner $666,000 Unknown
Closed $50,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2025 01/21/25 Price Changed $1,550,000 -2.8% $1,541 / Sq Ft
09/13/2024 09/13/24 For Sale $1,595,000 +70.5% $1,585 / Sq Ft
01/04/2016 01/04/16 Sold $935,384 -13.0% $1 / Sq Ft
10/14/2015 10/14/15 Pending -- -- --
04/10/2015 04/10/15 For Sale $1,075,000 -- $2 / 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 $20,325 $1,534,200 $310,900 $1,223,300
2024 $20,325 $1,579,600 $310,900 $1,268,700
2023 $16,893 $1,425,600 $310,900 $1,114,700
2022 $12,466 $1,052,000 $330,400 $721,600
2021 $10,049 $904,100 $300,300 $603,800
2020 $10,986 $991,500 $300,300 $691,200
2019 $9,568 $890,000 $273,000 $617,000
2018 $7,887 $849,900 $248,200 $601,700
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: 364660

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-2-001-024-0015