NOT LISTED FOR SALE

500 Ulumalu Rd Unit A Haiku, HI 96708

Haiku Neighborhood

Estimated Value: $1,295,000 - $1,527,000

2 Beds
2 Baths
992 Sq Ft
$1,398/Sq Ft Est. Value

Last Sold April 30, 2020

Last sale price $865,000 $872 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $8,577/month

158 Days on Market

Highlights

  • 3.9 Acre Lot
  • Storage
  • Ceiling Fan
  • Garden View
  • 1-Story Property
  • 2 Car Garage

About This Home

As of April 2020

This private, gated estate will astonish you on all levels. The loving care emanating from this property welcomes you into its lavish restoration of the land and a COMPLETELY restored, STUNNING "like-new", 992 sq ft, 2 bd / 2 ba cottage. It only gets better from here when you feast your eyes on this one-of-a-kind, 1794 sq ft covered deck w/ 6 skylights, ALL PERMITTED. This large outdoor living space expands the area under one roof to approximately 3400 sq ft. Located on 1 acre in a magical enclave of Haiku, featuring tropical flowers and many varieties of trees: coconut, bamboo, banana, eucalyptus and Areca palms. The 2-car garage w/16' ceiling is a prime candidate for a workshop, with a multitude of possibilities for extra storage, or build a loft for water sports equipment or use your imagination. A 200 sq ft shed (that looks like a doll house) gives convenient storage possibilities, or use it as an art studio. There are endless possibilities for this “first of a kind” Transformer home. This is not your typical cottage or garage. MUST SEE, NOT A DRIVE BY. CPR CONFIRMED! NOW TAKING OFFERS, SELECTION DATE 2/28/20.

Last Agent to Sell the Property

Katrina Wilson

Coldwell Banker Island Prop(S) License #RS-71920 Listed on: 09/30/2019

Coldwell Banker Island Prop(S)

Last Buyer's Agent

Megan Bouhey

Island Sotheby's Int'l Rlty(M) License #RS-73086

Island Sotheby's Int'l Rlty(M)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,153

Year Built

  • Built in 1975 | Remodeled

Lot Details

  • 3.9 Acre Lot
  • Fenced

Home Design

  • Pillar, Post or Pier Foundation

Interior Spaces

  • 992 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Storage
  • Vinyl Flooring
  • Garden Views
  • Fire and Smoke Detector

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Utilities

  • Cesspool

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,153

Year Built

Built in 1975 | Remodeled

Lot Details

0

Listing Details

  • Class: Residential
  • District: Haiku
  • New Developer Offering: Yes
  • Other Features: Remodeled, Storage, Wall/Fence
  • Perm To Adv Upcoming1: Yes
  • Perm To Adv Upcoming2: Yes
  • Type: Single Family
  • View: Garden View
  • Year Built House: 1975
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 1975
  • Year Renovated: 2019

Interior Features

  • Flooring: Vinyl
  • Bathrooms: 2
  • Bedrooms: 2
  • Included: Auto Garage Door Opener, Ceiling Fan(s), Dishwasher, Disposal, Dryer, Range, Refrigerator, Smoke/Heat Detector, Washing MacHine
  • Living Area Sq Ft: 992
  • Master Bedroom Ground Floor: Yes
  • Price Per Sq Ft: 871.98
  • Total Living Sq Ft: 992

Exterior Features

  • Covered Lanai Deck Sq Ft House: 1794
  • Design And Structure: 1 Story
  • Substructure: Post And Pier

Garage/Parking

  • Garage: Yes
  • Number of Car Spaces: 2
  • Garage Parking Sq Ft House: 624

Utilities

  • Sewer: Cesspool
  • Utilities To Site: County Water, County Water Meter Ins, Overhead Electricity

Condo/Co-op/Association

  • Residential Condo: Yes

Schools

  • Elementary School: Haiku Elementary
  • Middle School: Samuel E Kalama Intermediate
  • High School: King Kekaulike High

Lot Info

  • Cpr Land Acres: 1
  • Cpr Land Sq Ft: 43560
  • Flood Zone: Unknown
  • Land Acres: 3.9
  • Land Sq Ft: 169884
  • State Zoning: Agricultural

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2019
Closed on
Apr 21, 2020
Sold by
Hui Owyhee Llc
Bought by
Merkin Mobile Vortex Llc
Seller's Agent
Katrina Wilson
Coldwell Banker Island Prop(S)
Buyer's Agent
Megan Bouhey
Island Sotheby's Int'l Rlty(M)
List Price
$849,000
Sold Price
$865,000
Premium/Discount to List
$16,000
1.88%
Current Estimated Value
$1,457,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$592,801
Avg. Annual Appreciation
9.22%
Original Mortgage
$648,750
Outstanding Balance
$581,704
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$796,282
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
Merkin Mobile Vortex Llc $865,000 Fnt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merkin Mobile Vortex Llc $648,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2020 04/30/20 Sold $865,000 +1.9% $872 / Sq Ft
03/06/2020 03/06/20 Pending -- -- --
09/30/2019 09/30/19 For Sale $849,000 -- $856 / 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 $7,153 $1,267,600 $704,000 $563,600
2024 $7,153 $1,150,900 $614,400 $536,500
2023 $4,483 $899,000 $358,400 $540,600
2022 $4,483 $766,400 $275,200 $491,200
2021 $3,807 $698,500 $243,200 $455,300
2020 $3,462 $635,300 $256,000 $379,300
2019 $2,374 $376,300 $250,300 $126,000
Source: Public Records

Agents Affiliated with this Home

  • Katrina Wilson

    Seller's Agent in 2020

    Katrina Wilson

    Coldwell Banker Island Prop(S)

    (808) 463-8080

    10 in this area

    25 Total Sales

    Section Image

  • M

    Buyer's Agent in 2020

    Megan Bouhey

    Island Sotheby's Int'l Rlty(M)

    (808) 283-3857

    2 in this area

    3 Total Sales

    Section Image
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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 384442

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-8-010-044-0001

Hawaii Maui County Haiku 96708 Haiku

500 Ulumalu Rd Unit A, Haiku, HI

This home is located at 500 Ulumalu Rd Unit A, Haiku, HI 96708 since 30 September 2019 and is currently estimated at $1,387,149, approximately $1,398 per square foot. This property was built in 1975. 500 Ulumalu Rd Unit A is a home located in Maui County with nearby schools including Haiku Elementary School, Samuel Enoka Kalama Intermediate School, and King Kekaulike 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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