$1,399,000
SOLD APR 11, 2023

500 Bay Dr Unit 37-G1 Lahaina, HI 96761

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

Recently Sold

$2 Per Sq Ft

15% Below List Price

212 Days on Market

Highlights

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

About This Home

As of April 2023

Bay Villa 37G-1 is an end unit, it's very private and on the ground floor. This villa is a townhouse style which affords you a little more square footage and an extra bathroom than some other one bedroom Bay Villas. Updated furniture has been added into the villa this year. 37G-1 has ocean views from the bedroom and is a very short walking distance to the beach. It's also to the pool and BBQ/rec area and tennis courts. The Bay Villas are in the Kapalua resort which features great restaurants, hiking trails, and world class golf courses. The Bay Villas are next door to the Montage and Montage spa. This villa in a vacation rental program.

Last Agent to Sell the Property

P. David Quandt

Coldwell Banker Island Prop-KP License #RS-55752 Listed on: 07/22/2022

Coldwell Banker Island Prop-KP

Last Buyer's Agent

Kelly Lovato

Maui Luxury Realty LLC License #RB-22916

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,940

Year Built

  • Built in 1977

Interior Spaces

  • Furnished
  • Blinds
  • Dining Area
  • Ocean Views

Kitchen

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

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • In Ground Pool
  • Outdoor Grill

Schools

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

Utilities

  • Central Air
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Short Term Rentals Allowed
  • Assessor Parcel Number 2420010240000

Community Details

Overview

  • Kapalua Bay Villas Community
  • Kapalua Bay Villas Subdivision

Recreation

  • Tennis Courts

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,940

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: 37G-1
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Year Built: 1977
  • Geo Subdivision: HI
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Additional Rooms: Dining Area
  • Bathrooms: 2
  • Bedrooms: 1
  • Included: Blinds, Dishwasher, Disposal, Dryer, Furnished, Kitchen Ware, Microwave, Range, Refrigerator, Smoke/Heat Detector, Tv Cable, Washing MacHine
  • Living Area Sq Ft: 1119
  • Price Per Sq Ft: 1250.22
  • Floor Level: 2

Exterior Features

  • Pool: Yes
  • Pool Type: In-Ground

Utilities

  • Central Air Conditioning: y
  • Utilities To Site: Underground Electricity, Tv Cable

Condo/Co-op/Association

  • Association Fees Frequency: Monthly
  • Other Monthly Fees: Maintenance Fees
  • Complex Name: Kapalua Bay Villas
  • Monthly Maintenance Fee: 1319

Fee Information

  • Fee Price Amount: 1649500

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

  • 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
Jul 22, 2022
Closed on
Mar 31, 2023
Sold by
Gerbs Re-17 Llc
Bought by
Mark Callan Stupich And Mary Roberts Stupich
Seller's Agent
P. David Quandt
Coldwell Banker Island Prop-KP
Buyer's Agent
Kelly Lovato
Maui Luxury Realty LLC
List Price
$1,649,500
Sold Price
$1,399,000
Premium/Discount to List
-$250,500
-15.19%
Current Estimated Value
$1,478,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,492
Avg. Annual Appreciation
3.67%

Purchase Details

Listed on
Jan 15, 2022
Closed on
Mar 26, 2022
Sold by
Michael Gerberich James and Michael Lynn M
Bought by
Gerbs Re-17 Llc
Seller's Agent
Dean Otto
Keller Williams Realty Maui-L
Buyer's Agent
P. David Quandt
Coldwell Banker Island Prop-KP
List Price
$1,330,000
Sold Price
$1,300,000
Premium/Discount to List
-$30,000
-2.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.65%

Purchase Details

Listed on
Jan 15, 2022
Closed on
Feb 16, 2022
Sold by
Stearns Hollander 2017 Revocable Trust
Bought by
Gerberich James Michael and Gerberich Lynn M
Seller's Agent
Dean Otto
Keller Williams Realty Maui-L
Buyer's Agent
P. David Quandt
Coldwell Banker Island Prop-KP
List Price
$1,330,000
Sold Price
$1,300,000
Premium/Discount to List
-$30,000
-2.26%

Purchase Details

Closed on
Jun 29, 2017
Sold by
Hollander Susan Elaine and Stearns Thaine Robert
Bought by
Stearns Thaine and Hollander Susan

Purchase Details

Listed on
Jan 12, 2016
Closed on
Jun 14, 2016
Sold by
Stubner Carl
Bought by
Hollander Susan Elaine and Stearns Thaine Robert
Seller's Agent
Dean Otto
Keller Williams Realty Maui-L
Buyer's Agent
Clint Hansen
Maui Luxury Real Estate LLC
List Price
$765,000
Sold Price
$749,000
Premium/Discount to List
-$16,000
-2.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.08%
Original Mortgage
$674,100
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2015
Sold by
Stubner Carl
Bought by
Stubner Carl and Michael J Fleetwood Separate Property Tr

Purchase Details

Closed on
Apr 5, 2005
Sold by
Motelewski Tracy W
Bought by
Chopra Enterprises Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
5.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 31, 2005
Sold by
Chopra Enterprises Corp
Bought by
Frankel Wendy Jo and The Kalani Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
5.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 21, 2000
Sold by
Watanabe Naoki
Bought by
Motelewski Tracy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,000
Interest Rate
7.25%

Purchase Details

Closed on
Jun 12, 1998
Sold by
Austin Gael Marie Christophe and Austin Junko Yasui
Bought by
Watanabe Naoki and Watanabe Hatsuko
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
Exchange Deed -- Hookele Title
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $1,300,000 New Title Company Name
Warranty Deed $1,300,000 New Title Company Name
Interfamily Deed Transfer -- None Available
Deed -- Or
Interfamily Deed Transfer -- Accommodation
Satisfaction Of Land Contract Or Release Satisfaction Of Agreement Of Sale Fee Property -- Fidelity National Title Insu
Warranty Deed $900,000 Fntic
Deed $323,000 --
Deed $307,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $674,100 New Conventional
Previous Owner $630,000 Unknown
Previous Owner $223,000 No Value Available
Closed $0 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2023 04/11/23 Sold $1,399,000 0.0% $2 / Sq Ft
02/19/2023 02/19/23 Pending -- -- --
02/17/2023 02/17/23 Price Changed $1,399,000 -5.2% $2 / Sq Ft
10/25/2022 10/25/22 Price Changed $1,475,000 -4.8% $2 / Sq Ft
08/30/2022 08/30/22 Price Changed $1,549,000 -2.9% $2 / Sq Ft
08/18/2022 08/18/22 Price Changed $1,595,000 -3.3% $2 / Sq Ft
07/22/2022 07/22/22 For Sale $1,649,500 +26.9% $2 / Sq Ft
02/18/2022 02/18/22 Sold $1,300,000 -2.3% $2 / Sq Ft
01/16/2022 01/16/22 Pending -- -- --
01/15/2022 01/15/22 For Sale $1,330,000 +77.6% $2 / Sq Ft
06/17/2016 06/17/16 Sold $749,000 -2.1% $1 / Sq Ft
04/13/2016 04/13/16 Pending -- -- --
01/12/2016 01/12/16 For Sale $765,000 -- $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 $20,940 $1,372,400 $310,900 $1,061,500
2024 $20,940 $1,625,200 $310,900 $1,314,300
2023 $12,862 $1,085,400 $310,900 $774,500
2022 $8,651 $730,000 $330,400 $399,600
2021 $3,479 $638,400 $300,300 $338,100
2020 $3,784 $694,300 $300,300 $394,000
2019 $3,945 $625,200 $273,000 $352,200
2018 $3,833 $607,500 $248,200 $359,300
2017 $4,292 $0 $0 $0
2016 $327 $545,100 $235,800 $309,300
2015 $3,482 $777,000 $429,200 $347,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 396509

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-2-001-024-0134