$955,000
SOLD JUN 14, 2024

5255 Lower Honoapiilani Rd Unit 113 Lahaina, HI 96761

Napili-Honokowai Neighborhood
1 Bed
1 Bath
517 Sq Ft
1.37 Acres

Recently Sold

$1,847 Per Sq Ft

3% Below List Price

106 Days on Market

Highlights

  • Ocean Front
  • Solar Power System
  • Lanai
  • In Ground Pool
  • 1.37 Acre Lot
  • Furnished

About This Home

As of June 2024

Honokeana Cove has a rich Hawaiian history as one of the six sacred bays, also known as Na Hono A Pi'ilani and belonging to Chief Pi'ilani. The bay is not just a picturesque view of whale watching (in season), sunsets, and Molokai, but also a turtle haven, adding to the natural beauty of the surroundings. This special property exudes unparalleled charm, standing as one of the most low-key, low density condo complexes in West Maui. If your preference leans towards avoiding crowds, enjoying nature, and embracing a relaxing atmosphere, this might be the perfect match. Unit 113 is a one bedroom and one bathroom, comes fully furnished, ready for immediate enjoyment or utilization as a vacation rental. Additionally, this gated property offers amenities such as an on-site vacation rental management office, an on-site property manager, two laundry rooms, an oceanfront swimming pool, BBQ facilities, and lush landscaping.

Last Agent to Sell the Property

Jill Kaiser

Hawaii Life (L) License #RS-69694 Listed on: 01/15/2024

Co-Listed By

Anastasia Colt

Hawaii Life (L) License #RS-74399

Last Buyer's Agent

Marcus Nygren

Coldwell Banker Island Prop(S) License #RB-22934

Coldwell Banker Island Prop(S)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,400

Year Built

  • Built in 1969

Home Design

  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Wood Shingle Roof

Interior Spaces

  • 517 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds
  • Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Home Security

Outdoor Features

  • In Ground Pool
  • Lanai
  • Outdoor Grill

Schools

  • King Kamehameha Iii Elementary School
  • Lahaina Intermediate
  • Lahainaluna High School

Utilities

  • No Heating
  • Underground Utilities
  • Cable TV Available

Additional Features

  • Solar Power System
  • Ocean Front

Listing and Financial Details

  • Assessor Parcel Number 2430020190021

Community Details

Overview

  • Low-Rise Condominium
  • Honokeana Cove Community
  • Honokeana Cove Subdivision

Pet Policy

  • No Pets Allowed

Additional Features

  • Laundry Facilities
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,400

Year Built

Built in 1969

Lot Details

0

Listing Details

  • View: Ocean
  • Year Built: 1969
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • LaundryFeatures: Community Laundry
  • PoolFeatures: In Ground
  • SecurityFeatures: Smoke/Heat Detector
  • Co List Office Mls Id: 3250
  • Co List Office Phone: 800-677-5028
  • Subdivision Name: Honokeana Cove
  • Carport Y N: No
  • Fireplace: No
  • Garage Yn: No
  • Interior Features: Ceiling Fan(s), Furnished, Inventory, Kitchen Ware, TV Cable
  • LivingArea: 517
  • Green Power: Solar
  • Property Attached Yn: Yes
  • Roof: Wood Shingles
  • Structure Type: Low-Rise 1-3 Stories
  • WindowFeatures: Blinds
  • Tax Year: 2023
  • Financial Info Electric: Underground
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Total Bedrooms: 1

Exterior Features

  • Acres: 1.37
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Wood, Wood Frame
  • Exterior Features: Barbecue
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Covered Lanai/Deck

Utilities

  • Sewer: Public Sewer
  • HeatingYN: No
  • Utilities: Phone Connected, Cable Connected
  • Water Source: Public

Schools

  • Elementary School: King Kamehameha III Elementary
  • High School: Lahainaluna High
  • Middle Or Junior School: Lahaina Intermediate

Lot Info

  • Lot Size Sq Ft: 59677
  • ResoLotSizeUnits: Acres
  • Parcel #: 2430020190021
  • Zoning Description: Project District
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: No
  • Lease Term: Short Term Lease

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 8400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2024
Closed on
May 29, 2024
Sold by
White Erika Ibbetson and White Erika Alice
Bought by
Warburton Robert Wesley and Telfair Martin
Seller's Agent
Jill Kaiser
Hawaii Life (L)
Buyer's Agent
Marcus Nygren
Coldwell Banker Island Prop(S)
List Price
$985,000
Sold Price
$955,000
Premium/Discount to List
-$30,000
-3.05%
Total Days on Market
106
Views
43
Current Estimated Value
$958,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,832
Avg. Annual Appreciation
0.41%
Original Mortgage
$590,000
Outstanding Balance
$567,357
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$391,475

Purchase Details

Closed on
Oct 27, 2022
Sold by
Edwin Thornton Ibbetson Family Living Tr
Bought by
White Erika Alice

Purchase Details

Listed on
Oct 29, 2014
Closed on
Dec 18, 2014
Sold by
Hill Norman Andrew and Hill Suzanne
Bought by
Survivors Trust Of The Edwin Thorton Ibb and Marital Trust Of The Edwin Thornton Ibbe
Seller's Agent
Patrick Sullivan
Sullivan Properties Inc
Buyer's Agent
Greg Smith
Greg Smith Broker Inc
List Price
$595,000
Sold Price
$580,000
Premium/Discount to List
-$15,000
-2.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.93%

Purchase Details

Closed on
Sep 16, 2005
Sold by
Hill Norman Andrew and Hill Suzanne
Bought by
Hill Norman Andrew and Hill Suzanne
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- Fnt
Deed -- Old Republic Title
Deed $580,000 Or
Interfamily Deed Transfer -- Title Guaranty Of Hawaii
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $590,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold $955,000 -3.0% $1,847 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
01/15/2024 01/15/24 For Sale $985,000 +69.8% $1,905 / Sq Ft
12/29/2014 12/29/14 Sold $580,000 -2.5% $10 / Sq Ft
11/08/2014 11/08/14 Pending -- -- --
10/29/2014 10/29/14 For Sale $595,000 -- $10 / 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 $11,333 $1,000,200 $229,200 $771,000
2024 $11,333 $906,600 $229,200 $677,400
2023 $8,399 $708,800 $229,200 $479,600
2022 $6,692 $564,700 $115,400 $449,300
2021 $5,624 $506,200 $104,900 $401,300
2020 $5,384 $485,900 $104,900 $381,000
2019 $5,919 $550,600 $95,300 $455,300
2018 $4,398 $473,900 $86,700 $387,200
2017 $4,024 $0 $0 $0
2016 $3,918 $449,800 $82,300 $367,500
2015 $4,011 $480,200 $82,300 $397,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 400877

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-3-002-019-0021