NOT LISTED FOR SALE

545 Hapapa Rd Kula, HI 96790

Estimated Value: $2,148,000 - $2,641,000

4 Beds
3.5 Baths
2,479 Sq Ft
$959/Sq Ft Est. Value

Last Sold August 29, 2019

Last sale price $1,500,000 $605 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $12,721/month

57 Days on Market

Highlights

  • 5.01 Acre Lot
  • Workshop
  • 3 Car Garage
  • Mountain View
  • Storage

About This Home

As of August 2019

Stunningly beautiful upcountry home on 5 acres! Near the top of Hapapa Road, lined with hydrangeas, past the small Kula farms of protea, cabbage, strawberries and other upcountry staples, sits this perfectly perched home on the bluff overlooking all of Maui with breathtaking bi-coastal and mountain views. The approach to the property is very inviting with a big, shady pepper tree surrounded by a circular driveway. The detached three car garage with a large workshop is a must for all of your hobbies, projects and storage needs. Walk through your front yard made for entertaining then greeted with French doors that open up into the great room. The great room is truly great with high vaulted ceilings and windows that frame your ocean views, a large wood burning fire place for those cool Kula nights and an open floor plan that will fit all of your design ideas and lifestyle needs. Recently renovated, this home features solid teak wood floors, granite counter tops, stylish lighting, central heat with heated bathroom floors, a calmingly neutral color palate, stainless steel appliances, and of course clean, new bathrooms and kitchen. The floor plan is flawless with the great room that opens up to the deck and kitchen, a laundry/coat room between the kitchen and the back entrance. A guest room off of the coat room, with a full bathroom and separate entrance so your guests can come and go as they please. This contemporary upcountry home is surrounded by mature landscaping on five plus acres for those looking for the privacy and peace of Kula with the convenience of schools, shopping and other amenities of town not too far away.

Last Agent to Sell the Property

Wendy R. Peterson

Island Sotheby's International Realty(M) License #RS-61995 Listed on: 05/31/2019

Island Sotheby's International Realty(M)

Last Buyer's Agent

Harry Devery

Hawaii Life (W) License #RB-19380

Hawaii Life (W)

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1967 | Remodeled

Lot Details

  • 5.01 Acre Lot

Parking

  • 3 Car Garage

Interior Spaces

  • Workshop
  • Storage
  • Mountain Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3.5 Bathrooms

Utilities

  • Underground Utilities
  • Private Water Source
  • Septic Tank
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

Built in 1967 | Remodeled

Lot Details

0

Listing Details

  • Class: Residential
  • District: Kula/Ulupalakua/Kanaio
  • Other Features: Storage, Workshop, Remodeled
  • Roads: Paved
  • Type: Single Family
  • View: Mountain/Ocean
  • Year Built House: 1967
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1967
  • Year Renovated: 2016

Interior Features

  • Bathrooms: 3.5
  • Bedrooms: 4
  • Living Area Sq Ft: 2479

Garage/Parking

  • Garage: Yes
  • Number of Car Spaces: 3

Utilities

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

Lot Info

  • Land Acres: 5.007
  • Land Sq Ft: 218105
  • State Zoning: Agricultural

Tax Info

  • Taxes Per Month: 534

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2020
Sold by
Farmer Kevin William and Farmer Amanda C
Bought by
Farmer Kevin W and Farmer Amanda C
Current Estimated Value
$2,376,318

Purchase Details

Listed on
May 31, 2019
Closed on
Aug 16, 2019
Sold by
Westmiller Michael J and Westmiller Maureen Fay
Bought by
Farmer Kevin William and Farmer Amanda C
Seller's Agent
Wendy R. Peterson
Island Sotheby's International Realty(M)
Buyer's Agent
Harry Devery
Hawaii Life (W)
List Price
$1,650,000
Sold Price
$1,500,000
Premium/Discount to List
-$150,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.50%

Purchase Details

Closed on
Dec 12, 2017
Sold by
Westmiller Kelly R and Westmiller Michael J
Bought by
Westmiller Michael J and Westmiller Maureen Fay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 22, 2016
Closed on
Feb 24, 2017
Sold by
Cnady Llc
Bought by
Westmiller Kelly R and Westmiller Michael J
Seller's Agent
Sylvia Burton
Maui Life Homes Inc
Buyer's Agent
Sylvia Burton
Maui Life Homes Inc
List Price
$989,000
Sold Price
$832,000
Premium/Discount to List
-$157,000
-15.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.59%

Purchase Details

Listed on
Jan 27, 2015
Closed on
Oct 19, 2015
Sold by
U S Bank National Association
Bought by
Cnady Llc
Seller's Agent
Augusto Concepcion
Carrington Real Estate Svc US
Buyer's Agent
Sylvia Burton
Maui Life Homes Inc
List Price
$944,200
Sold Price
$721,875
Premium/Discount to List
-$222,325
-23.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.27%
Original Mortgage
$541,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 2015
Sold by
Berman Richard
Bought by
U S Bank National Association

Purchase Details

Closed on
Jun 18, 2003
Sold by
Marteney Paul Lee and Marteney Virginia Ross
Bought by
Marteney Paul Lee and Marteney Virginia Ross

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
5.37%
Mortgage Type
Unknown

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
Nov 4, 1998
Sold by
Marteney Paul Lee and Marteney Virginia Ross
Bought by
Marteney Paul Lee and Marteney Virginia Ross
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
Farmer Kevin W -- Fam
Farmer Kevin William $1,500,000 Fam
Westmiller Michael J -- Fam
Westmiller Kelly R $832,000 Fam
Cnady Llc $721,875 Fam
U S Bank National Association $990,441 None Available
Marteney Paul Lee -- --
Marteney Paul Lee -- --
Makekau Jeffery N -- --
Marteney Paul Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Westmiller Michael J $750,000
Previous Owner Cnady Llc $541,000
Previous Owner Marteney Paul Lee $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/29/2019 08/29/19 Sold $1,500,000 -9.1% $605 / Sq Ft
07/27/2019 07/27/19 Pending -- -- --
05/31/2019 05/31/19 For Sale $1,650,000 +98.3% $666 / Sq Ft
03/03/2017 03/03/17 Sold $832,000 -15.9% $398 / Sq Ft View Prior Sale
01/06/2017 01/06/17 Pending -- -- --
04/22/2016 04/22/16 For Sale $989,000 +37.0% $473 / Sq Ft
11/03/2015 11/03/15 Sold $721,875 -23.5% $290 / Sq Ft View Prior Sale
09/09/2015 09/09/15 Pending -- -- --
01/27/2015 01/27/15 For Sale $944,200 -- $379 / 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 $3,538 $2,422,900 $1,472,700 $950,200
2024 $3,538 $2,168,800 $1,262,300 $906,500
2023 $3,079 $1,889,400 $981,800 $907,600
2022 $2,744 $1,554,300 $729,400 $824,900
2021 $8,224 $1,438,600 $673,300 $765,300
2020 $7,669 $1,347,000 $701,300 $645,700
2019 $6,961 $1,171,900 $692,900 $479,000
2018 $6,409 $1,068,100 $659,300 $408,800
2017 $6,282 $0 $0 $0
2016 $6,355 $1,122,800 $743,400 $379,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 383057

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-3-039-002-0000