NOT LISTED FOR SALE

5340 Lower Kula Rd Kula, HI 96790

Estimated Value: $955,000 - $1,111,133

2 Beds
1 Bath
650 Sq Ft
$1,613/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $815,000 $1,254 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,294/month

26 Days on Market

Highlights

  • Mountain View
  • Laundry Room
  • Central Air
  • Main Floor Primary Bedroom
  • Storage
  • Fenced

About This Home

As of August 2022

Located on the majestic slopes of Haleakala, this Kula charmer offers Maui country living at it's finest! This sweet cottage, with amazing views of Maui's South Shore from the lanai, is on a fully fenced, gated almost half acre lot filled with a variety of fruit trees including Japanese pear, apple, orange, tangerine, guava, and bananas! The Cottage was lovingly remodeled in 2016 with an upgraded kitchen and bath. Floors were upgraded to laminate, split AC installed in each room, and an on-demand gas water heater. With all the possibilities this property offers, it won't last long so call your favorite Realtor today to schedule your private showing.

Last Agent to Sell the Property

Claudia Garcia

Maui International R E Srvs License #RB-19614 Listed on: 06/29/2022

Co-Listed By

Tim Eissrich

Maui International R E Srvs License #RS-80000

Last Buyer's Agent

Mandy Rovelstad

Kulamanu Realty License #RS-83727

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945

Lot Details

  • 0.47 Acre Lot
  • Fenced

Interior Spaces

  • 650 Sq Ft Home
  • Storage
  • Laundry Room
  • Laminate Flooring
  • Mountain Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Bathroom

Schools

  • Kula Elementary School
  • Samuel E Kalama Intermediate
  • King Kekaulike High School

Utilities

  • Central Air
  • Cesspool

Home Details

Home Type

Single Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: Residential
  • District: Kula/Ulupalakua/Kanaio
  • Other Features: Storage, Wall/Fence
  • Perm To Adv Upcoming1: Yes
  • Perm To Adv Upcoming2: Yes
  • Type: Single Family
  • View: Mountain/Ocean
  • Year Built House: 1945
  • Geo Subdivision: HI
  • Year Remodeled Updated: 2016
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 1945
  • Year Renovated: 2016

Interior Features

  • Flooring: Laminate
  • Additional Rooms: Laundry Room
  • Bathrooms: 1
  • Bedrooms: 2
  • Living Area Sq Ft: 650
  • Master Bedroom Ground Floor: Yes
  • Price Per Sq Ft: 1253.85
  • Total Living Sq Ft: 650

Exterior Features

  • Uncovered Lanai Deck SqFt House: 144

Utilities

  • Central Air Conditioning: Yes
  • Room AC Number House: 4
  • Sewer: Cesspool

Schools

  • Elementary School: Kula Elementary
  • High School: King Kekaulike High
  • Intermediate School: Samuel E Kalama Intermediate

Lot Info

  • Land Acres: 0.47
  • Land Sq Ft: 20473
  • Geo Address Line: 5340 Lower Kula Rd
  • Geo Primary City: Kula
  • Geo Quality: 0.95
  • Geo Zoom Level: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2022
Closed on
Aug 24, 2022
Sold by
Kaipo Poepoe Jr Donald
Bought by
Manner Matthew Kaikoa
Seller's Agent
Claudia Garcia
Maui International R E Srvs
Buyer's Agent
Mandy Rovelstad
Kulamanu Realty
List Price
$945,000
Sold Price
$815,000
Premium/Discount to List
-$130,000
-13.76%
Current Estimated Value
$954,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,852
Avg. Annual Appreciation
7.74%
Original Mortgage
$652,000
Outstanding Balance
$622,290
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$426,243

Purchase Details

Closed on
Jan 11, 2019
Sold by
Fass Angela Medeiros
Bought by
Poepoe Donald Kaipo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,000
Interest Rate
4.4%
Mortgage Type
VA

Purchase Details

Closed on
Mar 8, 2007
Sold by
Fass Daniel Scott and Fass Angela Medeiros
Bought by
Fass Angela Medeiros and Angela Medeiros Fass Revocable Living Tr

Purchase Details

Closed on
Sep 24, 2003
Sold by
Fass Daniel Scott and Fass Angela Medeiros
Bought by
Fass Daniel Scott and Fass Angela Medeiros

Purchase Details

Closed on
Oct 28, 2002
Sold by
Makekau Stanley N B and Makekau Stanley
Bought by
Makekau Jeffery N
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Manner Matthew Kaikoa -- Fidelity National Title
Manner Matthew Kaikoa -- Fidelity National Title
Poepoe Donald Kaipo -- Or
Fass Angela Medeiros -- None Available
Fass Daniel Scott -- --
Makekau Jeffery N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manner Matthew Kaikoa $652,000
Closed Manner Matthew Kaikoa $652,000
Previous Owner Poepoe Donald Kaipo $515,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2022 08/31/22 Sold $815,000 -9.3% $1,254 / Sq Ft
07/25/2022 07/25/22 Pending -- -- --
07/14/2022 07/14/22 Price Changed $899,000 -4.9% $1,383 / Sq Ft
06/29/2022 06/29/22 For Sale $945,000 +83.5% $1,454 / Sq Ft
04/22/2019 04/22/19 Sold $515,000 0.0% $792 / Sq Ft View Prior Sale
12/19/2018 12/19/18 Pending -- -- --
12/19/2018 12/19/18 For Sale $515,000 -- $792 / 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 $4,212 $1,008,700 $900,800 $107,900
2024 $4,212 $717,500 $614,200 $103,300
2023 $3,314 $566,500 $470,900 $95,600
2022 $508 $454,200 $368,500 $85,700
2021 $756 $513,700 $433,000 $80,700
2020 $792 $515,600 $433,000 $82,600
2019 $2,741 $461,400 $410,100 $51,300
2018 $2,788 $464,600 $411,300 $53,300
2017 $2,628 $0 $0 $0
2016 $246 $435,300 $386,200 $49,100
Source: Public Records

Agents Affiliated with this Home

  • Claudia Garcia

    Seller's Agent in 2022

    Claudia Garcia

    Maui International R E Srvs

    (808) 298-9257

    2 in this area

    28 Total Sales

    Claudia Garcia
    Section Image

  • T

    Seller Co-Listing Agent in 2022

    Tim Eissrich

    Maui International R E Srvs

    (808) 298-2715

    1 in this area

    10 Total Sales

    Tim Eissrich
    Section Image

  • M

    Buyer's Agent in 2022

    Mandy Rovelstad

    Kulamanu Realty

    (808) 446-4037

    9 in this area

    10 Total Sales

    Mandy Rovelstad
    Section Image

  • M

    Seller's Agent in 2019

    Marie Achi

    NextHome Hometown Realty Group

See All Agents

Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 396317

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-2-013-020-0000

Hawaii Maui County Kula 96790

5340 Lower Kula Rd, Kula, HI

Not Listed for Sale

Detached

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