NOT LISTED FOR SALE

516 Kulaiwi Dr Wailuku, HI 96793

Estimated Value: $1,862,451 - $2,408,000

5 Beds
4 Baths
2,943 Sq Ft
$714/Sq Ft Est. Value

Last Sold December 08, 2016

Last sale price $1,200,000 $408 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $11,555/month

174 Days on Market

Highlights

  • Sauna
  • Workshop
  • Central Air
  • Mountain View
  • Storage
  • 4 Car Garage

About This Home

As of December 2016

Welcome to this beautifully designed custom home with panoramic views of the South Coastline and Haleakala. Completed in 2003, this home shows tremendous pride of ownership, and embodies style, space and functionality throughout. Solar hot water heating, propane cooking, and a complete Photovoltaic system ensures your home expense is kept to a minimum! The upper level includes a spacious living room/dining area, kitchen, a master suite including a sauna, 2nd full bath, a flex/bedroom currently used as an office, and a bedroom suite which accesses the sumptuous mountain side water feature/waterfall entertainment area which can comfortably accommodate 30 people. Downstairs is the second ensuite guest master, full bath, another large bedroom, the laundry room, and access to the 4 car garage - tandem parking. In addition to garage parking, there is ample room on the driveway apron to park additional vehicles. A separate 10 X 12 work room to accommodate all your tools and gear is an extra bonus. The finishes on this home are exquisite, from slate tile on the exterior, stone countertops, to the 3/4 inch oakwood floors and hickory cabinets. All rooms have an abundance of natural light. The property is landscaped with a plentiful array of tropical foliage; coconut palm, plumeria, black bamboo, areca palms, ginger, avocado, lemon, lime and orange to name a few. The upper area above the water feature and waterfall is private, serene, and the perfect place to look out over to South Maui. This is truly the Gem of Wailuku Heights!

Last Agent to Sell the Property

Sunny Vermaas

Compass-W License #RB-16935 Listed on: 04/15/2016

Last Buyer's Agent

Kauai MLS

Kauai Board of Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,125

Year Built

  • Built in 2002

Lot Details

  • 0.28 Acre Lot
  • Gentle Sloping Lot
  • Sprinkler System

HOA Fees

  • $20 Monthly HOA Fees

Interior Spaces

  • Workshop
  • Storage
  • Sauna
  • Mountain Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Car Garage
  • 2 Carport Spaces

Utilities

  • Central Air
  • Underground Utilities
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,125

Year Built

Built in 2002

Lot Details

0

HOA Fees

$20 per month

Listing Details

  • Class: Residential
  • District: Wailuku
  • Other Features: Storage, Workshop, Lawn Sprinkler, Sauna
  • Roads: Paved
  • Type: Single Family
  • View: Mountain/Ocean
  • Year Built House: 2002
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2002
  • Year Renovated: 2009

Interior Features

  • Bathrooms: 4
  • Bedrooms: 5
  • Living Area Sq Ft: 2943

Garage/Parking

  • Garage: Yes
  • Number of Car Spaces: 4
  • Carport: Yes
  • Carport Number Of Cars House: 2

Utilities

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

Condo/Co-op/Association

  • Association Fees Frequency: Monthly
  • Association Fees: 20

Lot Info

  • Land Acres: 0.2787
  • Land Sq Ft: 12140
  • Topography: Gentle Slope

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2018
Sold by
Gebrael Jorge Manuel and Gebrael Marina Villaca
Bought by
Gebrael Jorge M and Gebrael Marina V
Current Estimated Value
$2,100,863

Purchase Details

Listed on
Apr 15, 2016
Closed on
Dec 1, 2016
Sold by
Davis Harold Glenn and Davis Lisa Rose
Bought by
Gebrael Jorge Manuel and Gebrael Marina Villaca
Seller's Agent
Sunny Vermaas
Compass-W
Buyer's Agent
Kauai MLS
Kauai Board of Realtors
List Price
$1,325,000
Sold Price
$1,200,000
Premium/Discount to List
-$125,000
-9.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.74%
Original Mortgage
$960,000
Outstanding Balance
$780,118
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$1,344,671

Purchase Details

Closed on
Mar 28, 2007
Sold by
Akana Chun Mi Kim
Bought by
Davis Harold Glenn and Davis Lisa Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$858,750
Interest Rate
1.5%
Mortgage Type
Negative Amortization

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
Aug 24, 2001
Sold by
Czerwinski Roman and Czerwinski Jamie Leimomi
Bought by
Akana Chun Mi K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
7.09%

Purchase Details

Closed on
Sep 27, 2000
Sold by
Dods Richard George and Dods Darlene Matsuyo
Bought by
Czerwinski Roman and Czerwinski Jamie Leimomi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.62%
Mortgage Type
Balloon
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
Gebrael Jorge M -- None Available
Gebrael Jorge Manuel $1,200,000 Or
Davis Harold Glenn $1,145,000 None Available
Makekau Jeffery N -- --
Akana Chun Mi K $198,000 --
Czerwinski Roman $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Revocable Trust Of Jorge M Geb $400,000
Closed Revocable Trust $300,000
Open Gebrael Jorge Manuel $960,000
Previous Owner Davis Harold Glenn $890,000
Previous Owner Davis Harold Glenn $138,000
Previous Owner Davis Harold Glenn $100,000
Previous Owner Davis Harold Glenn $858,750
Previous Owner Akana Chun Mi Kim $500,000
Previous Owner Akana Chun Mi K $150,000
Previous Owner Akana Chun Mi K $148,500
Previous Owner Czerwinski Roman $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2016 12/08/16 Sold $1,200,000 -9.4% $408 / Sq Ft
10/06/2016 10/06/16 Pending -- -- --
04/15/2016 04/15/16 For Sale $1,325,000 -- $450 / 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 $2,125 $1,816,000 $796,700 $1,019,300
2024 $2,125 $1,462,600 $490,300 $972,300
2023 $2,187 $1,443,600 $469,800 $973,800
2022 $2,238 $1,313,200 $429,000 $884,200
2021 $2,419 $1,195,500 $408,600 $786,900
2020 $2,575 $1,221,300 $418,800 $802,500
2019 $2,836 $1,177,900 $398,300 $779,600
2018 $2,648 $1,129,200 $306,400 $822,800
2017 $2,773 $0 $0 $0
2016 $2,150 $996,200 $296,200 $700,000
2015 $1,556 $928,500 $296,200 $632,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 369198

Maui MLS (REALTORS® Association of Maui)

APN: 2-3-5-015-081-0000