NOT LISTED FOR SALE

5255 Lower Honoapiilani Rd Unit 101 Lahaina, HI 96761

Estimated Value: $1,492,000 - $2,776,000

3 Beds
2.5 Baths
59,677 Sq Ft
1.37 Acres

Last Sold May 22, 2015

Last sale price $1,187,000 $20 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $12,406/month

26 Days on Market

Highlights

  • Ocean Front
  • 1.37 Acre Lot
  • Laundry Facilities
  • In Ground Pool
  • Outdoor Grill

About This Home

As of May 2015

Welcome to Honokeana Cove, one of six bays controlled by Chief Pi'ilani in the 16th century that still dazzles to this day. Directly ocean front and a corner, multi-storied unit, #101 boasts incredible views of the cove and it's sparkling blue water with frequent Honu sightings and seasonal Humpback Whales. As the largest unit in the complex, the unique double door entrance greets you into a reception area that features a ground floor guest bedroom with bathroom and it's own washer and dryer tucked away in an owner's closet. The spacious master bedroom and bathroom are also located on the main floor. In addition there is a large, L shaped lanai with stairs leading to a landscaped grassy area with access to the steps entering the ocean, communal BBQ's and the swimming pool there is also a storage closet for all those beach toys. Upstairs you have a 2nd floor living area with soaring ceilings, kitchen, dining area and a powder room. The second floor boasts it's own, large L shaped lanai with commanding ocean and Molokai views. A small staircase leads to a loft featuring 2 twin beds and a small closet. This unit is in a popular vacation rental program, please contact a Realtor to check showing availability.

Last Agent to Sell the Property

Jill Kaiser

Hawaii Life (L) License #RS-69694 Listed on: 03/18/2015

Last Buyer's Agent

Courtney Brown

Island Sotheby's International Realty(L) License #RS-56519

Island Sotheby's International Realty(L)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $22,354

Year Renovated

  • 2014

Lot Details

  • 1.37

Home Design

  • Entry on the 1st floor

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Outdoor Features

  • In Ground Pool
  • Outdoor Grill

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Additional Features

  • Ocean Views
  • Ocean Front

Community Details

  • Honokeana Cove Community
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$22,354

Year Renovated

2014

Lot Details

0

Listing Details

  • Class: Condominium
  • District: Napili/Kahana/Honokowai
  • Other Features: Bar-B-Que, Community Laundry
  • Type: Condo
  • View: Ocean
  • Special Assessment: Yes
  • Unit: 101
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Year Renovated: 2014
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Bathrooms: 2.5
  • Bedrooms: 3
  • Living Area Sq Ft: 1360
  • Floor Level: 1

Exterior Features

  • Pool: Yes
  • Waterfront: Oceanfront
  • Pool Type: In-Ground

Utilities

  • Sewer: Sewer County
  • Utilities To Site: County Water, Underground Electricity, Telephone, Tv Cable

Condo/Co-op/Association

  • Association Manager: Hawaii First
  • Complex Name: Honokeana Cove
  • Monthly Maintenance Fee: 2036.82

Lot Info

  • County Zoning: H-1 Hotel District
  • Land Acres: 1.37
  • Land Sq Ft: 59677

Tax Info

  • Taxes Per Month: 420.69

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2015
Closed on
May 15, 2015
Sold by
Kozlowski Kirk E and Eberwein Kristin Elise
Bought by
Kvlb Llc
Seller's Agent
Jill Kaiser
Hawaii Life (L)
Buyer's Agent
Courtney Brown
Island Sotheby's International Realty(L)
List Price
$1,250,000
Sold Price
$1,187,000
Premium/Discount to List
-$63,000
-5.04%
Current Estimated Value
$1,988,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$801,476
Avg. Annual Appreciation
5.09%
Original Mortgage
$771,500
Outstanding Balance
$589,336
Interest Rate
3.45%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,399,140
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
Kvlb Llc $1,187,000 Fntic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kvlb Llc $771,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2015 05/22/15 Sold $1,187,000 -5.0% $20 / Sq Ft
04/13/2015 04/13/15 Pending -- -- --
03/18/2015 03/18/15 For Sale $1,250,000 -- $21 / 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 $22,354 $1,757,600 $636,800 $1,120,800
2024 $22,354 $1,729,900 $636,800 $1,093,100
2023 $20,588 $1,737,400 $636,800 $1,100,600
2022 $15,657 $1,321,300 $320,500 $1,000,800
2021 $13,341 $1,199,400 $291,300 $908,100
2020 $16,146 $1,457,200 $291,300 $1,165,900
2019 $16,292 $1,515,500 $264,900 $1,250,600
2018 $11,703 $1,261,100 $240,800 $1,020,300
2017 $11,006 $0 $0 $0
2016 $9,828 $1,128,400 $228,700 $899,700
2015 $2,689 $1,201,100 $228,700 $972,400
2014 $2,689 $867,400 $207,700 $659,700
Source: Public Records

Agents Affiliated with this Home

  • Jill Kaiser

    Seller's Agent in 2015

    Jill Kaiser

    Hawaii Life (L)

    (808) 357-2998

    12 in this area

    27 Total Sales

    Jill Kaiser
    Section Image
  • Courtney Brown

    Buyer's Agent in 2015

    Courtney Brown

    Island Sotheby's International Realty(L)

    (808) 250-0210

    87 in this area

    96 Total Sales

    Courtney Brown
    Section Image
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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 364424

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-3-002-019-0001

Hawaii Maui County Lahaina 96761

5255 Lower Honoapiilani Rd Unit 101, Lahaina, HI

This home is located at 5255 Lower Honoapiilani Rd Unit 101, Lahaina, HI 96761 since 18 March 2015 and is currently estimated at $1,988,476, approximately $33 per square foot. 5255 Lower Honoapiilani Rd Unit 101 is a home located in Maui County with nearby schools including King Kamehameha III Elementary School, Lāhainā Intermediate School, and ​Lahainaluna High School.

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