$1,300,000
SOLD FEB 18, 2022

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

2% Below List Price

1 Day on Market

Highlights

  • Ocean Front
  • 16.45 Acre Lot
  • Central Air
  • In Ground Pool
  • Furnished
  • Ceiling Fan

About This Home

As of April 2023

Bay Villa 37G1 is a desirable townhouse end-unit with terrific privacy. It's one of the closest to Kapalua Bay which was voted as the #1 Best Beach in America by Conde Nast. This one-of-a-kind vacation-rentable, ground floor condominium residence is close to the pool and bbq/rec area and has a deeded access to sandy Oneloa Bay. This property qualifies for a membership in The Kapalua Club with preferred access and discounted rates to the award-winning Montage Spa, The Tennis Garden, The Beach Club and the world-renowned Plantation Course and Bay Course.

Last Agent to Sell the Property

Dean Otto

Keller Williams Realty Maui-L License #RB-16575 Listed on: 01/15/2022

Keller Williams Realty Maui-L

Last Buyer's Agent

P. David Quandt

Coldwell Banker Island Prop-KP License #RS-55752

Coldwell Banker Island Prop-KP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,940

Year Built

  • Built in 1977

Home Design

  • Slab Foundation
  • Concrete Block And Stucco Construction
  • Masonry

Interior Spaces

  • Furnished
  • Ceiling Fan
  • Dining Area
  • Laminate Flooring
  • Ocean Views

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Utilities

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

Additional Features

  • In Ground Pool
  • Ocean Front

Listing and Financial Details

  • Short Term Rentals Allowed
  • Assessor Parcel Number 2420010240000

Community Details

Recreation

  • Tennis Courts

Additional Features

  • Kapalua Bay Villas Community
  • 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
  • Type: Condo
  • View: Ocean
  • Unit: 37-G1
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Year Built: 1977
  • Year Renovated: 2016
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Laminate
  • Additional Rooms: Dining Area
  • Bathrooms: 2
  • Bedrooms: 1
  • Included: Ceiling Fan(s), Dishwasher, Disposal, Dryer, Furnished, Kitchen Ware, Refrigerator, Smoke/Heat Detector, Tv Cable, Washing MacHine
  • Living Area Sq Ft: 1119
  • Price Per Sq Ft: 1161.75
  • Floor Level: 1

Exterior Features

  • Construction Data: Concrete, Masonry
  • Pool: Yes
  • Substructure: Concrete Slab
  • Waterfront: Oceanfront
  • Pool Type: In-Ground

Utilities

  • Central Air Conditioning: Y
  • Sewer: Sewer County
  • Utilities To Site: Private Water, Telephone, Tv Cable, Underground Electricity

Condo/Co-op/Association

  • Association Fees Frequency: Monthly
  • Association Manager: Bay Villas AOAO
  • Complex Name: Kapalua Bay Villas
  • Monthly Maintenance Fee: 1101

Schools

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

Lot Info

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

Rental Info

  • Short Term Rental Allowed: Yes

Tax Info

  • Tax Database Id: 1
  • Taxes Per Month: 289.94
  • 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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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: 394375

Maui MLS (REALTORS® Association of Maui)

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