NOT LISTED FOR SALE

5295 Lower Honoapiilani Rd Unit C-40 Lahaina, HI 96761

Estimated Value: $1,292,000 - $1,727,000

2 Beds
2 Baths
83,635 Sq Ft
1.92 Acres

Last Sold July 11, 2018

Last sale price $995,000 $12 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $9,334/month

54 Days on Market

Highlights

  • Ocean Front
  • 1.92 Acre Lot
  • Central Air
  • In Ground Pool
  • Outdoor Grill

About This Home

As of July 2018

This 2 bedroom 2 bath ocean front condo has spectacular views of Lanai, Molokai and over looks Honokeana Cove, one of the best snorkeling spots on Maui. Watch turtles from the private lanai or wander a few steps to the cove and swim with the turtles. The condo is tastefully furnished with upscale furniture, island accents and all the amenities, washer, dryer, fully equipped kitchen. The grounds include two ocean front pools and barbecues with meticulously manicured grounds, fragrant tropical flowers and palm trees swaying in the breeze create the perfect Hawaiian setting. This is one of the best settings on the island of Maui, just south of Kapalua and the Ritz Carlton, championship golf and world class dining. The condo was remodeled in 2016 to include walk in shower, tile floors throughout the first level, new furnishings and bed linens. The kitchen was also remodeled with new granite counter tops and stainless steel appliances. This is one of the few condos in the complex to have air conditioning through out. Solar shades have also been installed to enclose the lanai on warm summer days. The condo generates over 100,000.00 gross income per year with the owners doing the majority of the bookings on Home Away.

Last Agent to Sell the Property

Susan DeLoria

Keller Williams Realty Maui-L License #RB-22721 Listed on: 02/09/2018

Keller Williams Realty Maui-L

Last Buyer's Agent

Jane Ng

Keller Williams Realty Maui-Ka License #RS-76984

Keller Williams Realty Maui-Ka

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,409

Year Built

  • Built in 1978

Lot Details

  • 1.92

Home Design

  • Entry on the 2nd floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • In Ground Pool
  • Outdoor Grill

Utilities

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

Additional Features

  • Ocean Views
  • Ocean Front

Community Details

  • Napili Point Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,409

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Condominium
  • District: Napili/Kahana/Honokowai
  • Other Features: Bar-B-Que
  • Type: Condo
  • View: Ocean
  • Unit: C-40
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Year Built: 1978
  • Year Renovated: 2016
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Bathrooms: 2
  • Bedrooms: 2
  • Living Area Sq Ft: 955
  • Floor Level: 2

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • Complex Name: Napili Point
  • Monthly Maintenance Fee: 1262.55

Lot Info

  • County Zoning: H-1 Hotel District
  • Land Acres: 1.92
  • Land Sq Ft: 83635
  • State Zoning: Urban

Tax Info

  • Taxes Per Month: 542.52

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2018
Closed on
Jun 26, 2018
Sold by
Caruso Susan M and Beck Thomas P
Bought by
Elden Towers Llc
Seller's Agent
Susan DeLoria
Keller Williams Realty Maui-L
Buyer's Agent
Jane Ng
Keller Williams Realty Maui-Ka
List Price
$1,049,000
Sold Price
$995,000
Premium/Discount to List
-$54,000
-5.15%
Current Estimated Value
$1,474,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$479,272
Avg. Annual Appreciation
5.53%
Original Mortgage
$497,500
Outstanding Balance
$435,828
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,038,444

Purchase Details

Closed on
Oct 22, 2010
Sold by
Association Of Apartment Owners Of Napil
Bought by
Caruso Susan M and Beck Thomas P
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
Elden Towers Llc $995,000 Fnt
Caruso Susan M $174,271 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elden Towers Llc $497,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2018 07/11/18 Sold $995,000 -5.1% $12 / Sq Ft
04/04/2018 04/04/18 Pending -- -- --
02/09/2018 02/09/18 For Sale $1,049,000 -- $13 / 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 $19,409 $1,564,800 $406,300 $1,158,500
2024 $19,409 $1,511,800 $406,300 $1,105,500
2023 $15,272 $1,288,800 $406,300 $882,500
2022 $12,837 $1,083,300 $204,500 $878,800
2021 $10,061 $905,200 $185,900 $719,300
2020 $10,313 $930,800 $185,900 $744,900
2019 $10,508 $977,500 $169,000 $808,500
2018 $6,647 $716,300 $153,600 $562,700
2017 $6,510 $0 $0 $0
2016 $6,918 $794,300 $145,900 $648,400
2015 $4,652 $891,800 $145,900 $745,900
Source: Public Records

Agents Affiliated with this Home

  • Susan DeLoria

    Seller's Agent in 2018

    Susan DeLoria

    Keller Williams Realty Maui-L

    (808) 250-5948

    97 in this area

    99 Total Sales

    Susan DeLoria
    Section Image
  • Jane Ng

    Buyer's Agent in 2018

    Jane Ng

    Keller Williams Realty Maui-Ka

    (808) 856-1281

    6 in this area

    11 Total Sales

    Jane Ng
    Section Image
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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 377443

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-3-002-043-0036

Hawaii Maui County Lahaina 96761

5295 Lower Honoapiilani Rd Unit C-40, Lahaina, HI

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