NOT LISTED FOR SALE

500 Bay Dr Unit 31B2 Lahaina, HI 96761

Estimated Value: $1,450,000 - $1,702,000

1 Bed
2 Baths
716,562 Sq Ft
16.45 Acres

Last Sold January 28, 2019

Last sale price $1,050,000 $1 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $10,369/month

173 Days on Market

Highlights

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

About This Home

As of January 2019

Whale watching at its best in the winter months with the expansive views of the channel between Molokai and Kapalua. You see all of Molokai from this unit with its changing colors throughout the day . This townhome has been completely remodeled with all new granite counter tops and all new kitchen and bath cabinets. Wonderful small shower installed downstairs for two full baths. Unit has split system a.c so each level can be very comfortable at any time of the year. All new furnishings and accessories which make this uni ready to move into. You are close to the tennis courts and three pools in the bay villas. Also you have the ocean walk along the coastline as well as a very short walk to either Oneloa beach or Kapalua Beach. The tennis courts have been redone in the Bay and now offer pickle ball for more fun for owners and their guests. Enjoy cocktails in the evening at Montage and watch the sunsets and also enjoy breakfast at Montage in the great setting of the old Kapalua Bay Hotel. The Kapalua Bay Villas are all on oceanfront property that runs along the coastline and offers spectacular views. 31B2 sits up high in the middle of the complex and has very wide open ocean views. 31B2 lanai faces south west so you can enjoy your own cup of coffee and dining on your outdoor lanai as more protected from the wind. This is a must see unit and please visit the 3 d tour for more understanding of 31B2

Last Agent to Sell the Property

Joline Dorner

Coldwell Banker Island Prop-KP License #RS-29732 Listed on: 06/09/2018

Coldwell Banker Island Prop-KP

Last Buyer's Agent

Clint Hansen

Maui Luxury Real Estate LLC License #RB-21616

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,773

Year Built

  • Built in 1977

Lot Details

  • 16.45

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Outdoor Features

  • In Ground Pool
  • Outdoor Grill

Utilities

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

Additional Features

  • Ocean Views
  • Ocean Front

Community Details

Overview

  • Kapalua Bay Villas Community

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$21,773

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: 31-B2
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Year Built: 1977
  • Year Renovated: 2010
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Bathrooms: 2
  • Bedrooms: 1
  • Living Area Sq Ft: 1075
  • Floor Level: 2

Exterior Features

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

Utilities

  • Sewer: Sewer Private
  • 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

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

Tax Info

  • Taxes Per Month: 650

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2018
Closed on
Jan 22, 2019
Sold by
Islitzer Harold W and Islitzer Cindy
Bought by
Porteous Lawrence E and Porteous Linda
Seller's Agent
Joline Dorner
Coldwell Banker Island Prop-KP
Buyer's Agent
Clint Hansen
Maui Luxury Real Estate LLC
List Price
$1,150,000
Sold Price
$1,050,000
Premium/Discount to List
-$100,000
-8.7%
Current Estimated Value
$1,573,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$523,000
Avg. Annual Appreciation
6.33%
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
Porteous Lawrence E $1,050,000 Fntic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Islitzer Harold W $531,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2019 01/28/19 Sold $1,050,000 -8.7% $1 / Sq Ft
11/29/2018 11/29/18 Pending -- -- --
06/09/2018 06/09/18 For Sale $1,150,000 -- $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 $21,773 $1,625,100 $310,900 $1,314,200
2024 $21,773 $1,686,900 $310,900 $1,376,000
2023 $17,224 $1,453,500 $310,900 $1,142,600
2022 $11,675 $985,200 $330,400 $654,800
2021 $9,127 $821,400 $300,300 $521,100
2020 $10,318 $931,200 $300,300 $630,900
2019 $8,012 $745,300 $273,000 $472,300
2018 $8,271 $891,300 $248,200 $643,100
2017 $8,871 $0 $0 $0
2016 $5,864 $673,200 $235,800 $437,400
2015 $7,202 $882,200 $429,200 $453,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 378784

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-2-001-024-0102