$850,000
SOLD OCT 10, 2014

500 Bay Dr Unit 32-B3 Lahaina, HI 96761

Kapalua Neighborhood
1 Bed
1.5 Baths
716,562 Sq Ft
16 Acres

Recently Sold

$1 Per Sq Ft

9% Below List Price

256 Days on Market

About This Home

As of August 2023

From the moment you enter Kapalua Bay Villa # 32B3 you will be captivated by the gorgeous sweeping panoramic Pacific Ocean views. You will appreciate the stylish and comfortable furnishings of this remodeled second floor "bridge" level, townhouse style, one bedroom, one and a half bath condominium. Proudly offered and remodeled to the "Kapalua Gold Villa" standard. The living room balcony "lanai" enclosure allows for additional interior space while creating a serene place to enjoy ocean views and whale watching in season. The updated kitchen is both functional and polished with it's cabinetry and granite countertops. The half bath "powder room" is conveniently located off the kitchen. Breathtaking views continue as you enter the tastefully decorated bedroom appropriate for an upscale Kapalua, Maui property. The bedroom features a private balcony "lanai", which is another great vantage point for enjoying the view and ocean breezes. A spacious full bathroom off the bedroom is complete with sunken tub and, shower and granite countertop. Bosch brand washer and dryer are conveniently located outside the upstairs bathroom. With the remodeling complete and an attractive list price, this beautiful property is ready to embrace a new owner. The beauty and amenities of the Kapalua resort and all the comforts of this condo are here to welcome you "E Komo Mai".

Last Agent to Sell the Property

Jeannine Carr

Hawaii Life (KAP) License #RB-17472 Listed on: 12/07/2013

Last Buyer's Agent

Karen Olsen

Keller Williams Realty Maui-Ki License #RS-60692

Keller Williams Realty Maui-Ki

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,523

Year Built | Renovated

1977 | 2004

Lot Details

0

Listing Details

  • Class: Condominium
  • District: Kapalua
  • Other Features: Tennis Court, Bar-B-Que
  • Type: Condo
  • Unit: 32-B3
  • Year Built: 1977
  • Year Renovated: 2004
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Bathrooms: 1.5
  • Bedrooms: 1
  • Living Area Sq Ft: 995
  • Floor Level: 2

Exterior Features

  • Pool: Yes
  • Waterfront: Oceanfront
  • Pool Type: In-Ground
  • Uncovered Lanai Deck Sq Ft: 222

Utilities

  • Central Air Conditioning: Y
  • Sewer: Sewer County
  • 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

Tax Info

  • Taxes Per Month: 554.75

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

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Range of Values:

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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
Warranty Deed -- Fntic
Deed $1,249,000 Fnt
Warranty Deed $850,000 Or
Deed $375,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,190,000 New Conventional
Previous Owner $510,000 New Conventional
Previous Owner $510,000 Adjustable Rate Mortgage/ARM
Previous Owner $300,000 No Value Available
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

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 358704

Maui MLS (REALTORS® Association of Maui)

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