NOT LISTED FOR SALE

500 Bay Dr Unit 15B4 Lahaina, HI 96761

Estimated Value: $1,412,274 - $1,577,000

1 Bed
1 Bath
716,562 Sq Ft
16.45 Acres

Last Sold March 29, 2019

Last sale price $900,000 $1 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $9,504/month

185 Days on Market

Highlights

  • Ocean Front
  • 16.45 Acre Lot
  • Central Air
  • In Ground Pool
  • Outdoor Grill

About This Home

As of March 2019

Live Maui. Welcome to Kapalua Bay Villas, a gated resort community. Unit 15B4 is a popular bridge entry, single level floorplan with sweeping ocean views. This condo has been loved for 18 years by the seller who is offering this turnkey home furnished and vacation rental ready . Be mesmerized by the views from the living room, kitchen and covered lanai. It features central air conditioning, a split a/c system in the bedroom, and full-size stacking washer and dryer. Resort amenities include 2 tennis courts, 3 pools, and recreation/BBQ areas. Live and play in this tropical paradise! At this popular vacation rental resort you will find the tropical island lifestyle enjoyed by the resident and visitors of the prestigious condominium communities of The Montage, Ritz Carlton Kapalua, The Ironwoods, and Coconut Grove. The steps to Oneola Bay and beach are a short distance from your front door and as owner or guest, the Kapalua Resort Shuttle is a complimentary perk for getting around the resort restaurants and beaches.

Last Agent to Sell the Property

Anita White

Island Sotheby's International Realty(L) License #RB-21022 Listed on: 08/22/2018

Island Sotheby's International Realty(L)

Co-Listed By

Lori Powers

Island Sotheby's International Realty(L) License #RB-23242

Last Buyer's Agent

Mary Anne Fitch

Coldwell Banker Island Prop-KP License #RB-15747

Coldwell Banker Island Prop-KP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,063

Year Built

  • Built in 1977

Lot Details

  • 16.45

Home Design

  • Entry on the 2nd floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Outdoor Features

  • In Ground Pool
  • Outdoor Grill

Utilities

  • Central Air
  • Private Water Source

Additional Features

  • Ocean Views
  • Ocean Front

Community Details

Overview

  • Kapalua Bay Villas Community

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,063

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: 15-B4
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Year Built: 1977
  • Year Renovated: 2004
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Bathrooms: 1
  • Bedrooms: 1
  • Living Area Sq Ft: 1006
  • Floor Level: 2

Exterior Features

  • Pool: Yes
  • Waterfront: Oceanfront
  • Pool Type: In-Ground

Utilities

  • Central Air Conditioning: y
  • Sewer: Sewer County
  • Utilities To Site: Private Water

Condo/Co-op/Association

  • 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

Tax Info

  • Taxes Per Month: 622.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2018
Closed on
Mar 25, 2019
Sold by
Neustadt Louise M
Bought by
Equity Trust Company
Seller's Agent
Anita White
Island Sotheby's International Realty(L)
Buyer's Agent
Mary Anne Fitch
Coldwell Banker Island Prop-KP
List Price
$998,000
Sold Price
$900,000
Premium/Discount to List
-$98,000
-9.82%
Current Estimated Value
$1,483,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$583,069
Avg. Annual Appreciation
8.01%

Purchase Details

Closed on
Jun 29, 2018
Sold by
Neustadt Louise M
Bought by
Neustadt Geoffrey M

Purchase Details

Closed on
Dec 7, 1998
Sold by
Crist Robert C
Bought by
Crist Robert C and Robert C Crist Iii Family Trust
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
Equity Trust Company $900,000 Fnt
Neustadt Geoffrey M -- None Available
Neustadt Louise M $50,000 None Available
Crist Robert C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Neustadt Michael $294,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2019 03/29/19 Sold $900,000 -7.0% $1 / Sq Ft
02/23/2019 02/23/19 Pending -- -- --
01/31/2019 01/31/19 Price Changed $968,000 -3.0% $1 / Sq Ft
08/22/2018 08/22/18 For Sale $998,000 -- $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 $20,063 $1,534,200 $310,900 $1,223,300
2024 $20,063 $1,560,200 $310,900 $1,249,300
2023 $16,527 $1,394,700 $310,900 $1,083,800
2022 $11,252 $949,500 $330,400 $619,100
2021 $8,651 $778,700 $300,300 $478,400
2020 $9,626 $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: 379661

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-2-001-024-0023