NOT LISTED FOR SALE

538 Naele Rd Kula, HI 96790

Estimated Value: $1,630,018

16.07 Acres
$101,432 Price per Acre
700,009 Sq Ft Lot

Last Sold February 10, 2021

Last sale price $1,100,000 $2 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $9,743/month

8 Days on Market

Highlights

  • Ocean View
  • Agricultural
  • Level Lot
  • 16.07 Acre Lot

About This Lot

As of February 2021

PANORAMIC VIEWS!!! Exceptional views of both coastlines, Haleakala, the neighbor islands & the West Maui Mountains over sixteen undivided acres. Naele Road is a peaceful and quiet country lane cul de sac. The climate is exquisite at this 2000 Ft. elevation allowing for cool nights and clear days. There is an all important county water meter installed. The area is ideal for agriculture or a horse/equestrian facility. The location is very convenient to shopping, schools and the towns of Kula, Pukalani, and Makawao. It is a quick trip down the highway to the airport. No C,C & R's or Homeowner's Association. This parcel is a "blank canvas" with the vast majority of the land useable and multiple potential building sites.

Last Agent to Sell the Property

Al Chiarella

Coldwell Banker Island Prop(P) License #RB-14684 Listed on: 12/18/2020

Coldwell Banker Island Prop(P)

Last Buyer's Agent

Michael Fisher

Wailea Realty+WindermereRE (W) License #RB-19787

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,331

Lot Details

  • 16.07 Acre Lot
  • Property fronts a county road
  • Level Lot
  • Cleared Lot

Schools

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

Utilities

  • Phone Available
  • Cable TV Available

Additional Features

  • Ocean Views
  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 2230030900000

Property Details

Property Type

Land

Est. Annual Taxes

$10,331

Lot Details

0

Listing Details

  • Class: Vacant Land
  • District: Kula/Ulupalakua/Kanaio
  • Roads: Paved, County
  • Type: Vacant Land
  • View: Ocean
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 1.57

Utilities

  • Utilities To Site: County Water, Telephone, Overhead Electricity, Tv Cable
  • Water To Site: County Water Meter Ins

Schools

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

Lot Info

  • Assessed Land Value: 1092800
  • General Land Class: Agricultural
  • Land Acres: 16.069995
  • Land Sq Ft: 700009
  • State Zoning: Agricultural
  • Topography: Level, Gentle Slope
  • Lot Description: Clear
  • Number Of Lots In Listing: One
  • Land Use: Agricultural

Tax Info

  • Tax Database Id: 1
  • Taxes Per Month: 540.94
  • Assessor Parcel Number: 2230030900000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2020
Closed on
Jan 27, 2021
Sold by
Kaplan Jeffrey Herman and Raplan Dorcy Renee
Bought by
Matthews Christine M and Christine M Mathews Trust
Seller's Agent
Al Chiarella
Coldwell Banker Island Prop(P)
Buyer's Agent
Michael Fisher
Wailea Realty+WindermereRE (W)
List Price
$1,100,000
Sold Price
$1,100,000
Current Estimated Value
$1,630,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$530,018
Avg. Annual Appreciation
9.14%

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
Aug 6, 1997
Sold by
Tagawa Ira I and Lau Hiram C
Bought by
Kaplan Jeffrey Herman and Kaplan Rebecca Ticknor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
8.75%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 3, 1995
Sold by
Tanaka Bernice Yayoi
Bought by
Lau Hiram C and Bernice Yayoi Tanaka Charitable Remainde
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
Matthews Christine M $1,100,000 Fnt
Makekau Jeffery N -- --
Kaplan Jeffrey Herman $450,000 --
Lau Hiram C -- --
Lau Hiram C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kaplan Jeffrey Herman $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2021 02/10/21 Sold $1,100,000 0.0% $2 / Sq Ft
12/26/2020 12/26/20 Pending -- -- --
12/18/2020 12/18/20 For Sale $1,100,000 -- $2 / 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 $10,331 $480,200 $480,200 --
2024 $10,331 $1,799,800 $1,799,800 --
2023 $13,652 $2,378,400 $2,378,400 $0
2022 $5,313 $925,600 $925,600 $0
2021 $4,963 $835,600 $835,600 $0
2020 $6,491 $1,092,800 $1,092,800 $0
2019 $6,491 $1,092,800 $1,092,800 $0
2018 $6,454 $1,092,800 $1,092,800 $0
2017 $5,795 $0 $0 $0
2016 $5,457 $964,200 $964,200 $0
2015 $7,952 $1,414,200 $1,414,200 $0
2014 $7,952 $1,285,600 $1,285,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 389690

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-3-003-090-0000