NOT LISTED FOR SALE

5198 Lower Honoapiilani Rd Lahaina, HI 96761

Estimated Value: $842,000 - $3,067,000

0.27 Acre
$8,138,639 Price per Acre
11,576 Sq Ft Lot

Last Sold November 22, 2021

Last sale price $500,000 $43 Per Sq Ft

Est. 333% increase in value since last sale

Current estimated payment $11,855/month

120 Days on Market

Highlights

  • Ocean View
  • Property is near an ocean
  • Gentle Sloping Lot

About This Lot

As of November 2021

Walk to Napili Bay! Huge ocean views from this fully improved vacant lot located off of Lower Honoapiilani Road in Napili. This lot is over 11,000 square feet and current zoning allows for a main house and two accessory dwellings. Water meter and sewer lateral installed are plumbed to the property line. CC&R's on neighboring lots to ensure views into the future (no monthly fees). Neighboring lots may be available for purchase as well.

Last Agent to Sell the Property

Buz Moffett

Moffett Properties LLC License #RB-15857 Listed on: 04/09/2021

Last Buyer's Agent

Kathleen Tezak

Island Sotheby's Int'l Rlty(W) License #RB-20676

Island Sotheby's Int'l Rlty(W)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,661

Lot Details

  • 0.27 Acre Lot
  • Gentle Sloping Lot

Additional Features

  • Ocean Views
  • Property is near an ocean

Property Details

Property Type

Land

Est. Annual Taxes

$4,661

Lot Details

0

Listing Details

  • Class: Vacant Land
  • District: Napili/Kahana/Honokowai
  • Roads: Paved
  • Type: Vacant Land
  • View: Ocean
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 43.19

Exterior Features

  • Waterfront: Across Street From Ocean

Utilities

  • Sewer: Sewer County
  • Utilities To Site: County Water
  • Water To Site: County Water

Lot Info

  • Assessed Land Value: 547000
  • County Zoning: R-3 Residential
  • Land Acres: 0.265748
  • Land Sq Ft: 11576
  • Topography: Gentle Slope
  • Land Use: Residential

Tax Info

  • Taxes Per Month: 248

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
Nov 15, 2021
Sold by
5194 Lower Road Llc
Bought by
Hale Wai Ventures Llc
Seller's Agent
Buz Moffett
Moffett Properties LLC
Buyer's Agent
Kathleen Tezak
Island Sotheby's Int'l Rlty(W)
List Price
$705,000
Sold Price
$500,000
Premium/Discount to List
-$205,000
-29.08%
Current Estimated Value
$2,162,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,662,827
Avg. Annual Appreciation
45.72%

Purchase Details

Closed on
Jul 23, 2011
Sold by
Obrien James T and Obrien John P
Bought by
5194 Lower Road Llc

Purchase Details

Closed on
Nov 27, 2006
Sold by
Obrien James T and Obrien John P
Bought by
County Of Maui

Purchase Details

Closed on
Mar 24, 2005
Sold by
Aiwohi Darryl K
Bought by
Obrien James T and Obrien John P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2004
Sold by
Mathias Edward Kealiikaapuni and Mathias Edward K
Bought by
Aiwohi Darryl K

Purchase Details

Closed on
Apr 5, 2004
Sold by
Wong Collin Kwai Kong
Bought by
Mcgough Tamra U and Hugho Georgette M

Purchase Details

Closed on
Sep 8, 2003
Sold by
Mathias Jordan and Mathias Edward Kealiikaapuni
Bought by
Gonsalves Elizabeth Lilia and Yoshizawa Rose Loke

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
Mar 27, 2000
Sold by
Mcgough Tamra U and Hugho Georgette M
Bought by
Wong Collin Kwai Kong

Purchase Details

Closed on
Dec 11, 1998
Sold by
Yoshizawa Rose Loke and Mathias Ernest Pali
Bought by
Mathias Edward Kealiikaapuni and Mathias Jordon

Purchase Details

Closed on
Nov 6, 1998
Sold by
Gonsalves Elizabeth Lilia and Atwood William L
Bought by
Mathias Edward Kealiikaapuni and Mathias Jordon

Purchase Details

Closed on
Sep 10, 1998
Sold by
Aiwohi Darryl K
Bought by
Mathias Edward K

Purchase Details

Closed on
Apr 23, 1996
Sold by
Mathias John F
Bought by
Mathias John F and Mathias Mona K
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
Hale Wai Ventures Llc $500,000 Fnt
5194 Lower Road Llc $943,600 Tg
County Of Maui -- None Available
Obrien James T $1,100,000 Tg
Aiwohi Darryl K $1,000 --
Mcgough Tamra U -- --
Gonsalves Elizabeth Lilia -- --
Makekau Jeffery N -- --
Wong Collin Kwai Kong -- --
Mathias Edward Kealiikaapuni -- --
Mathias Edward Kealiikaapuni -- --
Mathias Edward K $25,000 --
Mathias John F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Obrien James T $880,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2021 11/22/21 Sold $500,000 -21.9% $43 / Sq Ft
08/07/2021 08/07/21 Pending -- -- --
07/12/2021 07/12/21 Price Changed $640,000 -5.2% $55 / Sq Ft
05/18/2021 05/18/21 Price Changed $675,000 -4.3% $58 / Sq Ft
04/09/2021 04/09/21 For Sale $705,000 -- $61 / 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 $4,661 $1,146,900 $1,146,900 --
2024 $4,661 $794,100 $794,100 --
2023 $3,768 $644,100 $644,100 $0
2022 $3,458 $591,100 $591,100 $0
2021 $3,029 $555,800 $555,800 $0
2020 $2,981 $547,000 $547,000 $0
2019 $3,015 $538,200 $538,200 $0
2018 $2,727 $494,100 $494,100 $0
2017 $2,444 $0 $0 $0
2016 $2,104 $397,000 $397,000 $0
2015 -- $379,300 $379,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 391046

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-3-003-043-0000