NOT LISTED FOR SALE

51 Hakalani Place Wailuku, HI 96793

Estimated Value: $1,471,000 - $1,689,000

4 Beds
3 Baths
2,699 Sq Ft
$567/Sq Ft Est. Value

Last Sold June 27, 2014

Last sale price $680,000 $252 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $8,735/month

15 Days on Market

Highlights

  • 0.37 Acre Lot
  • Lanai
  • Tile Flooring
  • Mountain View
  • Solar Water Heater
  • Ceiling Fan

About This Home

As of June 2014

Property located in Central Maui in close proximity to Wailuku Town, schools, medical facilities, and shopping centers, Property is a bank owned REO to be sold in "AS IS" condition. MUST SEE to appreciate this huge home. No Seller's Disclosure Statement will be made available to buyer. Property information used are from public records that may or may not be accurate. Buyer needs to do own due diligence.

Last Agent to Sell the Property

Fred Asuncion

Maui Realty Co Inc License #RB-17035 Listed on: 06/04/2014

Co-Listed By

Helene Shiigi

Shore To Shore Realty, Inc. License #RS-28365

Last Buyer's Agent

Gary Deardorff

Corcoran Pacific Properties - L License #RB-15222

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,143

Year Built

  • Built in 2005

Lot Details

  • 0.37 Acre Lot
  • Property fronts a county road
  • Property fronts an easement
  • Fenced
  • Level Lot
  • Natural Drainage
  • Property is zoned R-2

Parking

  • 2 Car Garage
  • 1 Carport Space

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Double Stud Wall

Interior Spaces

  • 2,699 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • No Heating
  • Underground Utilities
  • Sewer Tap Fee
  • Cable TV Available

Additional Features

  • Solar Water Heater
  • Lanai

Community Details

  • Maunaleo At Kehalani Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 2350240350000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,143

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • View: Mountain/Ocean
  • Year Built: 2005
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • LotFeatures: Electricity Easement, Water Easement, Telephone Easement, Sewer Easement, Drainage Easement
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • SecurityFeatures: Smoke/Heat Detector
  • Co List Office Mls Id: 8035
  • Co List Office Phone: 808-244-9036
  • SpecialListingConditions: Real Estate Owned
  • Subdivision Name: Maunaleo at Kehalani
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Fireplace: No
  • Garage Yn: Yes
  • Interior Features: Ceiling Fan(s), TV Cable
  • Unit Levels: Two
  • LivingArea: 2699
  • Roof: Asphalt/Comp Shingle
  • Tax Year: 2014
  • Master Plan Zoning: R-2
  • Financial Info Electric: Underground
  • Special Features: RealEstateOwned

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Disposal, Range, Refrigerator, Solar Hot Water
  • Total Bedrooms: 4

Exterior Features

  • Fencing: Wall/Fence
  • Acres: 0.3692
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Call Listor
  • Home Warranty: No
  • Construction Type: Double Wall, Wood Frame
  • Foundation Details: Concrete Slab
  • Patio And Porch Features: Covered Lanai/Deck

Garage/Parking

  • Covered Parking Spaces: 3
  • Garage Spaces: 2
  • Parking Features: Carport, Garage

Utilities

  • Heating: Solar Water Heating
  • Sewer: Public Sewer, Sewer Fee
  • HeatingYN: No
  • Utilities: Sewer Connected, Phone Connected, Cable Connected
  • Water Source: Public, County Water Meter Ins

Lot Info

  • Topography: Level
  • Lot Size Sq Ft: 16082
  • ResoLotSizeUnits: Acres
  • Parcel #: 2350240350000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1142.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2016
Sold by
Sreekandaswamy Balakrishnan
Bought by
Sreekandaswamy Balakrishnan and The Balakrishnan Sreekandaswamy Revocabl
Current Estimated Value
$1,530,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2016
Sold by
Mehta Prashant
Bought by
Sreekandaswamy Balakrishnan and The Balakrishnan Sreekandaswamy Revocabl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 4, 2014
Closed on
Jun 24, 2014
Sold by
American Savings Bank Fsb
Bought by
The Balakrishnan Sreekandaswamy Revocabl
Seller's Agent
Fred Asuncion
Maui Realty Co Inc
Buyer's Agent
Gary Deardorff
Corcoran Pacific Properties - L
List Price
$675,000
Sold Price
$680,000
Premium/Discount to List
$5,000
0.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.43%

Purchase Details

Closed on
Mar 10, 2014
Sold by
Stewart Gordon W
Bought by
American Savings Bank Fsb
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
Sreekandaswamy Balakrishnan -- Accommodation
Sreekandaswamy Balakrishnan -- Accommodation
Sreekandaswamy Balakrishnan $350,000 Accommodation
The Balakrishnan Sreekandaswamy Revocabl -- Or
American Savings Bank Fsb $60,000 Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balakrishnan Sreekandaswamy Re $337,000
Closed Sreekandaswamy Balakrishnan $337,000
Previous Owner Sreekandaswamy Balakrishnan $356,000
Previous Owner Medrano Robert S $245,000
Previous Owner Medrano Robert S $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2014 06/27/14 Sold $680,000 +0.7% $252 / Sq Ft
06/20/2014 06/20/14 Pending -- -- --
06/04/2014 06/04/14 For Sale $675,000 -- $250 / 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 $6,988 $1,404,400 $725,200 $679,200
2024 $6,988 $1,131,500 $484,000 $647,500
2023 $6,053 $1,025,400 $377,200 $648,200
2022 $5,107 $873,000 $284,700 $588,300
2021 $2,132 $782,500 $270,500 $512,000
2020 $4,400 $806,600 $284,700 $521,900
2019 $4,273 $763,000 $256,200 $506,800
2018 $4,270 $773,600 $199,300 $574,300
2017 $4,270 $0 $0 $0
2016 $3,893 $734,600 $206,400 $528,200
2015 -- $697,500 $220,600 $476,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 360865

Maui MLS (REALTORS® Association of Maui)

APN: 2-3-5-024-035-0000