NOT LISTED FOR SALE

502 Kaao Cir Kahului, HI 96732

Estimated Value: $1,077,753 - $1,167,000

3 Beds
1 Bath
1,045 Sq Ft
$1,080/Sq Ft Est. Value

Last Sold December 13, 2016

Last sale price $520,000 $498 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $6,079/month

18 Days on Market

About This Home

As of December 2016

Great Starter Home with a rental, 3 bedroom 1 bath main house and attached studio rental on a 10,825 sq ft lot. Home is in excellent condition and centrally located in Kahului minutes away to Queen Kaahumanu Center, medical facilities, businesses, restaurants, schools, beaches and recreation. Being sold in "As-Is" condition. Vacant and easy to show to pre-qualified buyers.

Last Agent to Sell the Property

Rodrigo Bumanglag

Realty 1st Inc License #RS-50657 Listed on: 09/16/2016

Last Buyer's Agent

Robin Bartholomew

Kokua Realty LLC License #RS-61516

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,160

Year Built

  • Built in 1961

Lot Details

  • 10,825 Sq Ft Lot
  • Level Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Additional Features

  • Mountain Views
  • Range

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,160

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: Residential
  • District: Kahului
  • Roads: Paved
  • Type: Sf W/Det Ohana Or Cottage
  • View: Mountain
  • Year Built House: 1961
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1961

Interior Features

  • Bathrooms: 1
  • Bedrooms: 3
  • Living Area Sq Ft: 1045
  • Ohana Bathrooms: 1
  • Ohana Living Area Sq Ft: 400

Exterior Features

  • Ohana Included: Range, Refrigerator, Tv Cable

Utilities

  • Sewer: Sewer County
  • Ohana Sewer: Sewer County
  • Ohana Utilities To Site: County Water, County Water Meter Ins, Underground Electric, Telephone, Tv Cable
  • Utilities To Site: County Water, County Water Meter Ins, Underground Electricity, Telephone, Tv Cable

Lot Info

  • Land Acres: 0.2485
  • Land Sq Ft: 10825
  • Topography: Level, Gentle Slope

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2016
Closed on
Dec 6, 2016
Sold by
Bumanglag Rodrigo and Bumanglag Evangeliine
Bought by
Baoit Jerry Arellano and Baoit Zenaida Ligot
Seller's Agent
Rodrigo Bumanglag
Realty 1st Inc
Buyer's Agent
Robin Bartholomew
Kokua Realty LLC
List Price
$539,000
Sold Price
$520,000
Premium/Discount to List
-$19,000
-3.53%
Current Estimated Value
$1,128,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$608,188
Avg. Annual Appreciation
9.17%
Original Mortgage
$494,000
Outstanding Balance
$398,279
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$729,909

Purchase Details

Closed on
Aug 1, 2016
Sold by
Johnson Gerald
Bought by
Bumanglag Rodrigo and Bumanglag Evangeline

Purchase Details

Closed on
Aug 27, 2009
Sold by
Mccormick Cynthia C and Gomes Marshall E
Bought by
Pau Hana Investments Inc

Purchase Details

Closed on
Aug 7, 2006
Sold by
Gomes Marshall E
Bought by
Mccormick Cynthia C and Gomes Marshall E

Purchase Details

Closed on
May 19, 2006
Sold by
Gaxiola Javier E Quintero and Mccormick Cynthia C
Bought by
Gomes Marshall E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 17, 2005
Sold by
Gaxiola Javier E Quintero
Bought by
Gaxiola Javier E Quintero and Mccormick Cynthia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,250
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2005
Sold by
Izutsu Amy E and Evans Gale Y
Bought by
Gaxiola Javier E Quintero

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,250
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2002
Sold by
Makekau Stanley N B and Makekau Stanley
Bought by
Makekau Jeffery N

Purchase Details

Closed on
Jun 10, 1996
Sold by
Fukushima Haruo and Fukushima Thelma T
Bought by
Izutsu Amy E and Evans Gale Y
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Baoit Jerry Arellano $520,000 Fidelity Natl Title & Escrow
Bumanglag Rodrigo $256,700 Tg
Pau Hana Investments Inc $1,000 Accommodation
Mccormick Cynthia C $1,100 Accommodation
Gomes Marshall E $570,000 None Available
Gaxiola Javier E Quintero $1,100 --
Gaxiola Javier E Quintero $512,500 Tg
Makekau Jeffery N -- --
Izutsu Amy E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baoit Jerry Arellano $494,000
Previous Owner Gomes Marshall E $400,000
Previous Owner Gaxiola Javier E Quintero $461,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2016 12/13/16 Sold $520,000 -3.5% $498 / Sq Ft
10/04/2016 10/04/16 Pending -- -- --
09/16/2016 09/16/16 For Sale $539,000 -- $516 / 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 $1,160 $1,065,800 $758,600 $307,200
2024 $1,160 $944,300 $650,200 $294,100
2023 $1,040 $847,300 $551,700 $295,600
2022 $1,061 $730,600 $463,000 $267,600
2021 $1,077 $646,800 $413,800 $233,000
2020 $891 $554,800 $443,300 $111,500
2019 $810 $479,400 $403,900 $75,500
2018 $660 $431,500 $354,700 $76,800
2017 $563 $0 $0 $0
2016 $189 $356,000 $285,700 $70,300
2015 -- $339,800 $275,800 $64,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 370866

Maui MLS (REALTORS® Association of Maui)

APN: 2-3-8-031-013-0000