NOT LISTED FOR SALE

507 Lower Kimo Dr Kula, HI 96790

Estimated Value: $1,392,000 - $1,993,562

4 Beds
2 Baths
2,054 Sq Ft
$849/Sq Ft Est. Value

Last Sold March 03, 2021

Last sale price $1,380,000 $672 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $9,353/month

10 Days on Market

Highlights

  • 1.05 Acre Lot
  • Main Floor Primary Bedroom
  • Gentle Sloping Lot
  • Mountain View

About This Home

As of March 2021

A "Fixer Upper" investment property with ocean and mountain views. Four structures on over one acre of beautifully manicured landscaping with mature Koa, Monterey and Cook Pines, Ficus, Avocado and cotton trees. Long term rental history of 3 free-standing dwellings including a 4bed/2bath, a 2bed/1bath and another 2bed/1bath; each with their own covered car ports and appliances. An additional fourth storage building of 520 sq ft with a half bathroom and carport. Rural zoned and on County water meter. Located in a sunny and dry pocket of Kula that receives the cooling Tradewinds, and is conveniently near restaurants, parks, shops and the Upcountry Farmer's Market. All structures are move-in-ready, but the possibilities are endless if you're willing to roll up your sleeves and put a little elbow grease in to update it.

Last Agent to Sell the Property

Chelsea Dimin

Compass-W License #RB-22400 Listed on: 01/21/2021

Compass-W

Last Buyer's Agent

David Richardson

Hawaii Life (W) License #RB-10780

Hawaii Life (W)

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • 1.05 Acre Lot
  • Gentle Sloping Lot

Parking

  • 2 Carport Spaces

Home Design

  • Asphalt Shingled Roof

Interior Spaces

  • 2,054 Sq Ft Home
  • Mountain Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Bathrooms

Utilities

  • Cesspool

Listing and Financial Details

  • Assessor Parcel Number 2230150240000

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Residential
  • District: Kula/Ulupalakua/Kanaio
  • Perm To Adv Upcoming1: Yes
  • Perm To Adv Upcoming2: Yes
  • Type: Sf W/Det Ohana Or Cottage
  • View: Mountain/Ocean
  • Year Built House: 1980
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1980

Interior Features

  • Bathrooms: 2
  • Bedrooms: 4
  • Living Area Sq Ft: 1210
  • Master Bedroom Ground Floor: Yes
  • Ohana Bedrooms: 2
  • Ohana Bathrooms: 1
  • Ohana Living Area Sq Ft: 844
  • Price Per Sq Ft: 671.86
  • Total Living Sq Ft: 2054

Exterior Features

  • Ohana Year Built: 1958
  • Roofing: Asphalt/Comp Shingle

Garage/Parking

  • Carport: Yes
  • Carport Number Of Cars House: 2
  • Carport Parking Sq Ft House: 480
  • Ohana Carport: Yes
  • Ohana Carport Number Of Cars: 1
  • Ohana Carport Parking Sq Ft: 304

Utilities

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

Lot Info

  • Land Acres: 1.0482
  • Land Sq Ft: 45660
  • State Zoning: Rural
  • Topography: Gentle Slope

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 2230150240000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2021
Sold by
Wyman Richardson David and Gay Milla
Bought by
Rioski Llc
Current Estimated Value
$1,743,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$767,000
Outstanding Balance
$598,976
Interest Rate
2.27%
Mortgage Type
New Conventional
Estimated Equity
$1,144,666

Purchase Details

Closed on
Dec 21, 2021
Sold by
Rioski Llc
Bought by
Richardson David Wyman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$767,000
Outstanding Balance
$598,976
Interest Rate
2.27%
Mortgage Type
New Conventional
Estimated Equity
$1,144,666

Purchase Details

Listed on
Jan 21, 2021
Closed on
Apr 8, 2021
Sold by
Richardson David Wyman
Bought by
Rioski Llc
Seller's Agent
Chelsea Dimin
Compass-W
Buyer's Agent
David Richardson
Hawaii Life (W)
List Price
$1,250,000
Sold Price
$1,380,000
Premium/Discount to List
$130,000
10.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.95%

Purchase Details

Listed on
Jan 21, 2021
Closed on
Feb 17, 2021
Sold by
Domingo Erik D and The Baldwin M Domingo And Elsi
Bought by
Richardson David Wyman
Seller's Agent
Chelsea Dimin
Compass-W
Buyer's Agent
David Richardson
Hawaii Life (W)
List Price
$1,250,000
Sold Price
$1,380,000
Premium/Discount to List
$130,000
10.4%

Purchase Details

Closed on
Apr 14, 2017
Sold by
Domingo Baldwin M
Bought by
Domingo Baldwin M and Domingo Erik D

Purchase Details

Closed on
May 20, 2006
Sold by
Domingo Baldwin Molina and Domingo Elsie Gertrude
Bought by
Domingo Baldwin M and Baldwin M Domingo Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.46%
Mortgage Type
Fannie Mae Freddie Mac

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
Dec 29, 1999
Sold by
Domingo Baldwin Molina and Domingo Elsie Gertrude
Bought by
Domingo Baldwin M and Baldwin M Domingo Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rioski Llc -- None Listed On Document
Rioski Llc -- None Listed On Document
Richardson David Wyman -- Fnt
Rioski Llc $1,000 None Available
Richardson David Wyman $1,380,000 Fntic
Domingo Baldwin M -- None Available
Domingo Baldwin M -- Accommodation
Domingo Baldwin Molina -- Old Republic
Makekau Jeffery N -- --
Domingo Baldwin M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richardson David Wyman $767,000
Previous Owner Domingo Baldwin Molina $152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2021 03/03/21 Sold $1,380,000 +10.4% $672 / Sq Ft
01/31/2021 01/31/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $1,250,000 -- $609 / 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 $2,836 $1,298,000 $648,700 $649,300
2024 $2,836 $1,145,300 $528,700 $616,600
2023 $2,650 $1,083,400 $464,700 $618,700
2022 $5,848 $999,600 $437,000 $562,600
2021 $4,672 $851,600 $423,100 $428,500
2020 $4,282 $785,600 $423,100 $362,500
2019 $4,604 $775,100 $422,900 $352,200
2018 $5,075 $845,800 $402,600 $443,200
2017 $4,857 $0 $0 $0
2016 $4,552 $804,300 $394,700 $409,600
Source: Public Records

Agents Affiliated with this Home

  • Chelsea Dimin

    Seller's Agent in 2021

    Chelsea Dimin

    Compass-W

    (808) 250-7633

    2 in this area

    35 Total Sales

    Chelsea Dimin
    Section Image
  • David Richardson

    Buyer's Agent in 2021

    David Richardson

    Hawaii Life (W)

    (808) 870-9916

    2 in this area

    80 Total Sales

    David Richardson
    Section Image
See All Agents

Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 390016

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-3-015-024-0000

Hawaii Maui County Kula 96790

507 Lower Kimo Dr, Kula, HI

Not Listed for Sale

Detached

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