NOT LISTED FOR SALE

500 Bay Dr Unit 32-B3 Lahaina, HI 96761

Kapalua Neighborhood

Estimated Value: $1,460,000 - $1,882,000

1 Bed
1.5 Baths
716,562 Sq Ft
16 Acres

Last Sold August 28, 2023

Last sale price $1,700,000 $2 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $10,668/month

13 Days on Market

Highlights

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

About This Home

As of August 2023

The sweeping panoramic ocean views from this 1 bedroom Kapalua Bay Villa condo will take your breath away! Captivating ocean views from nearly every room. This thoughtfully updated & stylishly decorated condo will not disappoint. Located on the 2nd level with the highly sought after bridge access - no stairs to enter the unit. Retire at the end of each day to the upstairs primary suite that offers a magnificent sleeping quarter, spacious bathroom, private lanai, washer/dryer along with more ocean views galore. Sold furnished, stainless steel kitchen appliances, central A/C, close to the pool & BBQ areas.

Last Agent to Sell the Property

Sherrie Stinger

Coldwell Banker Island Prop(S) License #RS-74750 Listed on: 06/27/2023

Coldwell Banker Island Prop(S)

Last Buyer's Agent

Eric West

Real Broker LLC License #RB-20968

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,523

Year Built

  • Built in 1977

Lot Details

  • 16

Interior Spaces

  • Furnished
  • Ceiling Fan
  • Chandelier
  • Blinds
  • Ocean Views

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1.5 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Heated In Ground Pool
  • Spa

Schools

  • Princess Nahienaena Elementary School
  • Lahaina Intermediate
  • Lahainaluna High School

Utilities

  • Central Air
  • Cable TV Available

Additional Features

  • Outdoor Grill
  • Ocean Front
  • Flood Zone Lot

Listing and Financial Details

  • Short Term Rentals Allowed
  • Assessor Parcel Number 2420010240000

Community Details

Overview

  • Low-Rise Condominium
  • Kapalua Bay Villas Community
  • Kapalua Bay Villas Subdivision

Recreation

  • Tennis Courts

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,523

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Condominium
  • District: Kapalua
  • Other Features: Tennis Court, Bar-B-Que, Spa/Hot Tub
  • Type: Condo
  • View: Ocean
  • Unit: 32B3
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Year Built: 1977
  • Year Renovated: 2017
  • Geo Subdivision: HI
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Tile
  • Bathrooms: 1.5
  • Bedrooms: 1
  • Included: Blinds, Ceiling Fan(s), Chandelier/Swag Lamp, Dishwasher, Disposal, Dryer, Furnished, Kitchen Ware, Microwave, Range, Refrigerator, Smoke/Heat Detector, Tv Cable, Washing MacHine
  • Living Area Sq Ft: 995
  • Price Per Sq Ft: 1708.54
  • Floor Level: 2

Exterior Features

  • Design And Structure: Low-Rise 1-3 Stories
  • Pool: Yes
  • Waterfront: Oceanfront
  • Pool Type: In-Ground, Heated

Utilities

  • Central Air Conditioning: Y

Condo/Co-op/Association

  • Complex Name: Kapalua Bay Villas
  • Monthly Maintenance Fee: 1400

Schools

  • Elementary School: Princess Nahienaena Elementary
  • Middle School: Lahaina Intermediate
  • High School: Lahainaluna High
  • Elementary School: Princess Nahienaena Elementary
  • High School: Lahainaluna High
  • Intermediate School: Lahaina Intermediate

Lot Info

  • Flood Zone: Yes
  • Land Acres: 16.45
  • Land Sq Ft: 716562
  • Geo Address Line: 500 Bay Dr
  • Geo Primary City: Lahaina
  • Geo Quality: 0.95
  • Geo Zoom Level: 16

Rental Info

  • Short Term Rental Allowed: Yes

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 2420010240000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2023
Closed on
Aug 17, 2023
Sold by
Vierhus David
Bought by
Foss Aaron Parker and Foss Anne Carolyn
Seller's Agent
Sherrie Stinger
Coldwell Banker Island Prop(S)
Buyer's Agent
Eric West
Real Broker LLC
List Price
$1,750,000
Sold Price
$1,700,000
Premium/Discount to List
-$50,000
-2.86%
Current Estimated Value
$1,617,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$82,571
Avg. Annual Appreciation
-2.82%
Original Mortgage
$1,190,000
Outstanding Balance
$1,174,151
Interest Rate
8.63%
Mortgage Type
New Conventional
Estimated Equity
$435,886

Purchase Details

Listed on
Apr 28, 2021
Closed on
May 27, 2021
Sold by
7620Ca Llc
Bought by
Vierhus David
Seller's Agent
Karen Olsen
Keller Williams Realty Maui-Ki
Buyer's Agent
Sherrie Stinger
Coldwell Banker Island Prop(S)
List Price
$1,249,000
Sold Price
$1,249,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.90%

Purchase Details

Listed on
Dec 7, 2013
Closed on
Sep 30, 2014
Sold by
Mah Jerry Seng and Mah Joan Tori
Bought by
7620Ca Llc
Seller's Agent
Jeannine Carr
Hawaii Life (KAP)
Buyer's Agent
Karen Olsen
Keller Williams Realty Maui-Ki
List Price
$935,000
Sold Price
$850,000
Premium/Discount to List
-$85,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.95%
Original Mortgage
$510,000
Interest Rate
3.3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 15, 2000
Sold by
Noda Akira
Bought by
Mah Jerry Seung and Mah Joan Torio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.86%
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
Foss Aaron Parker -- Fntic
Vierhus David $1,249,000 Fnt
7620Ca Llc $850,000 Or
Mah Jerry Seung $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foss Aaron Parker $1,190,000
Previous Owner 7620Ca Llc $510,000
Previous Owner 7620Ca Llc $510,000
Previous Owner Mah Jerry Seung $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2023 08/28/23 Sold $1,700,000 -2.9% $2 / Sq Ft
07/10/2023 07/10/23 Pending -- -- --
06/27/2023 06/27/23 For Sale $1,750,000 +40.1% $2 / Sq Ft
06/07/2021 06/07/21 Sold $1,249,000 0.0% $2 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $1,249,000 +46.9% $2 / Sq Ft
10/10/2014 10/10/14 Sold $850,000 -9.1% $1 / Sq Ft
08/20/2014 08/20/14 Pending -- -- --
12/07/2013 12/07/13 For Sale $935,000 -- $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 $20,523 $1,643,700 $310,900 $1,332,800
2024 $20,523 $1,594,300 $310,900 $1,283,400
2023 $17,140 $1,446,400 $310,900 $1,135,500
2022 $12,945 $1,092,400 $330,400 $762,000
2021 $10,205 $918,100 $300,300 $617,800
2020 $10,978 $990,800 $300,300 $690,500
2019 $9,514 $885,000 $273,000 $612,000
2018 $7,837 $844,500 $248,200 $596,300
2017 $9,116 $0 $0 $0
2016 $6,005 $689,400 $235,800 $453,600
2015 $6,664 $837,300 $429,200 $408,100
Source: Public Records

Agents Affiliated with this Home

  • Sherrie Stinger

    Seller's Agent in 2023

    Sherrie Stinger

    Coldwell Banker Island Prop(S)

    (808) 283-8050

    3 in this area

    46 Total Sales

    Sherrie Stinger
    Section Image
  • Eric West

    Buyer's Agent in 2023

    Eric West

    Real Broker LLC

    (808) 298-2030

    15 in this area

    123 Total Sales

    Eric West
    Section Image
  • Karen Olsen

    Seller's Agent in 2021

    Karen Olsen

    Keller Williams Realty Maui-Ki

    (808) 875-7000

    10 in this area

    46 Total Sales

    Karen Olsen
    Section Image
  • Jeannine Carr

    Seller's Agent in 2014

    Jeannine Carr

    Hawaii Life (KAP)

    (808) 276-4806

    14 in this area

    23 Total Sales

    Jeannine Carr
    Section Image
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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 399242

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-2-001-024-0108

Hawaii Maui County Lahaina 96761 Kapalua

500 Bay Dr Unit 32-B3, Lahaina, HI

This home is located at 500 Bay Dr Unit 32-B3, Lahaina, HI 96761 since 27 June 2023 and is currently estimated at $1,617,429, approximately $2 per square foot. This property was built in 1977. 500 Bay Dr Unit 32-B3 is a home located in Maui County with nearby schools including King Kamehameha III Elementary School, Lāhainā Intermediate School, and ​Lahainaluna High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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