NOT LISTED FOR SALE

500 Bay Dr Unit 30-B1 Lahaina, HI 96761

Estimated Value: $1,437,000 - $1,698,000

1 Bed
1 Bath
716,562 Sq Ft
16.45 Acres

Last Sold February 17, 2015

Last sale price $870,000 $1 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $9,855/month

251 Days on Market

Highlights

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

About This Home

As of February 2015

You can't get much closer to the ocean than this! Stunning ocean views from this single level 1 bedroom, 1 bath Bay Villa Unit. Easy access with no steps and private bridge level entrance, the location of building 30 sits off the roadway going through the Bay Villas and provides for a quite and private master bedroom setting. The living room, dinning area and kitchen offer amazing ocean vistas. The kitchen has been enhanced with granite counter tops and the unit is bright and airy throughout. Great location for easy access to one of the many pools located in The Bay Villas, and easy walking distance to Oneloa Bay Beach and Kapalua Bay Beach, Montage Spa, the Kapalua Resort coastal trail, on site tennis courts, office and a variety of restaurants and other amenities throughout the Resort.

Last Agent to Sell the Property

Marcy Rhody

Coldwell Banker Island Prop-KP License #RB-19108 Listed on: 04/11/2014

Coldwell Banker Island Prop-KP

Last Buyer's Agent

Jeff Onderko

Hawaii Life (L) License #RB-22084

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,819

Year Built

  • Built in 1977

Lot Details

  • Ocean Front

Home Design

  • Entry on the 2nd floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Outdoor Features

  • In Ground Pool
  • Outdoor Grill

Utilities

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

Community Details

Overview

  • Kapalua Bay Villas Community

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,819

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Condominium
  • District: Kapalua
  • Other Features: Tennis Court, Bar-B-Que
  • Type: Condo
  • Unit: 30-B1
  • Year Built: 1977
  • 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

  • Utilities To Site: Private Water, Underground Electricity, Telephone, Tv Cable

Condo/Co-op/Association

  • Complex Name: Kapalua Bay Villas
  • Monthly Maintenance Fee: 947

Lot Info

  • Land Acres: 16.45
  • Land Sq Ft: 716562

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2014
Closed on
Jan 27, 2015
Sold by
Roy Manjula Nilaver
Bought by
Henderson Island Properties Llc
Seller's Agent
Marcy Rhody
Coldwell Banker Island Prop-KP
Buyer's Agent
Jeff Onderko
Hawaii Life (L)
List Price
$880,000
Sold Price
$870,000
Premium/Discount to List
-$10,000
-1.14%
Current Estimated Value
$1,537,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$667,663
Avg. Annual Appreciation
5.52%
Original Mortgage
$652,500
Outstanding Balance
$496,407
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,041,256
Source: Public Records

Range of Values:

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Average Value
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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
Henderson Island Properties Llc $870,000 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henderson Island Properties Llc $652,500
Previous Owner Roy Manjula Nilaver $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2015 02/17/15 Sold $870,000 -1.1% $1 / Sq Ft
12/18/2014 12/18/14 Pending -- -- --
04/11/2014 04/11/14 For Sale $880,000 -- $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 $20,819 $1,557,300 $310,900 $1,246,400
2024 $20,819 $1,616,200 $310,900 $1,305,300
2023 $16,910 $1,427,000 $310,900 $1,116,100
2022 $11,399 $961,900 $330,400 $631,500
2021 $8,664 $779,800 $300,300 $479,500
2020 $9,658 $871,700 $300,300 $571,400
2019 $7,560 $703,300 $273,000 $430,300
2018 $7,842 $845,000 $248,200 $596,800
2017 $8,549 $0 $0 $0
2016 $10,066 $1,155,700 $235,800 $919,900
2015 $8,164 $1,394,500 $429,200 $965,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 360265

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-2-001-024-0095