NOT LISTED FOR SALE

55-4 Paupake Place Unit 55-4 Lahaina, HI 96761

Estimated Value: $1,994,000 - $2,885,000

2 Beds
2.5 Baths
1,306,800 Sq Ft
$2/Sq Ft Est. Value

Last Sold October 19, 2021

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

Est. 24% increase in value since last sale

Current estimated payment $15,549/month

7 Days on Market

Highlights

  • Ocean Front
  • 30 Acre Lot
  • Wood Flooring
  • In Ground Pool
  • Clubhouse
  • Garden View

About This Home

As of October 2021

Enjoy Puamana at its best. Hidden behind the tall areca palms for privacy, this unit overlooks the pool and grounds. The disappearing nano folding doors open up the living room to flow seamlessly to the outside lanai. Sellers have added in the automatic door sensors that shut down the AC if it is left open for maximum energy efficiency. A brand new air condition unit was recently installed that includes 4 new air handlers, one for each room. Along with the remodel additions were new paint through out, a new bathroom, new refrigerator, new oven and cooktop, LED lighting throughout the home to add to the energy efficiency of the home along with its owned photovoltaic system. A new roof was added in 2019. The 1506 sf consists of the open floor plan of the living, dining, and kitchen area, a wet bar and half bath downstairs. The 2 bedrooms and 2 full baths are located on the second floor with the washer dryer units. The master bedroom has its own deck with a little bit of an ocean view overlooking the pool and grounds. The second bedroom has barn doors to add a nice decorative detail. The third floor is a large loft area of 406 sf. that has incredible light from all the windows, ocean views, and a nice space for enjoying your privacy. So many details throughout this home include a nice island for eating in the kitchen, granite counter tops, African mahogany cabinets with pull out deep drawers, travertine floors, surround sound stereo with speakers in the ceiling, a wet bar area inside as well as a beautiful outdoor cabinetry on the lanai. Puamana is a gated 30 acre community that enjoys 3 pools, a clubhouse with gym, and a Tennis and Pickleball court. Located close to Lahaina town with its shops, restaurants, markets and conveniences. Sold furnished with a few exceptions. This unit has a great rentals on the books as well! Any accepted contract for this property shall be subject to Seller finding a suitable replacement property for the completion of Sellers 1031 exchange.

Last Agent to Sell the Property

Debbie Arakaki

Compass License #RB-20674 Listed on: 05/27/2021

Compass

Last Buyer's Agent

Lindsay Holmes

Keller Williams Realty Maui-Ki License #RS-81835

Keller Williams Realty Maui-Ki

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $20,509

Year Built

  • Built in 1968

Lot Details

Parking

  • 1 Carport Space

Interior Spaces

  • Shelving
  • Ceiling Fan
  • Chandelier
  • Drapes & Rods
  • Blinds
  • Dining Area
  • Loft
  • Home Gym
  • Garden Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2.5 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • In Ground Pool
  • Ocean Front
  • Flood Zone Lot
  • Cable TV Available

Listing and Financial Details

  • Short Term Rentals Allowed

Community Details

Pet Policy

  • Pets Allowed

Security

  • Security Guard
  • Fire and Smoke Detector

Recreation

  • Tennis Courts

Additional Features

  • Puamana Community
  • Clubhouse

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$20,509

Year Built

Built in 1968

Lot Details

0

Listing Details

  • District: Lahaina
  • Other Features: Tennis Court, Exercise Room, Club House, Security Guard
  • Type: Condo
  • View: Garden View
  • Special Assessment: Yes
  • Unit: 55-4
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Year Built: 1968
  • Year Renovated: 2020
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Stone/Concrete, Tile, Wood
  • Additional Rooms: Dining Area, Eat-In Kitchen/Nook, Loft
  • Bathrooms: 2.5
  • Bedrooms: 2
  • Included: Blinds, Book Shelves, Ceiling Fan(s), Chandelier/Swag Lamp, Dishwasher, Disposal, Dryer, Drapes, Inventory, Kitchen Ware, Linens, Microwave, Range, Refrigerator, Smoke/Heat Detector, Tv Cable, Washing MacHine
  • Living Area Sq Ft: 1790
  • Price Per Sq Ft: 1117.32
  • Floor Level: 1

Exterior Features

  • Design And Structure: Town House
  • Pool: Yes
  • Waterfront: Oceanfront
  • Pool Type: In-Ground
  • Uncovered Lanai Deck Sq Ft: 280

Garage/Parking

  • Carport: Yes
  • Number of Carport Spaces: 1

Utilities

  • Room AC Number: 4
  • Sewer: Sewer County
  • Utilities To Site: County Water

Condo/Co-op/Association

  • Association Fees Frequency: Monthly
  • Association Manager: Associa Hawaii
  • Other Monthly Fees: Assessment, Maintenance Fees
  • Complex Name: Puamana
  • Monthly Maintenance Fee: 1158.5

Schools

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

Lot Info

  • County Zoning: R-2 Residential
  • Flood Zone: Yes
  • Land Acres: 30
  • Land Sq Ft: 1306800
  • State Zoning: Urban

Rental Info

  • Pets Allowed: Yes
  • Short Term Rental Allowed: Yes

Tax Info

  • Taxes Per Month: 910.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2021
Closed on
Oct 12, 2021
Sold by
Six Fish Holdings Llc
Bought by
Strohmeyer Gregory and Strohmeyer Cynthia
Seller's Agent
Debbie Arakaki
Compass
Buyer's Agent
Lindsay Holmes
Keller Williams Realty Maui-Ki
List Price
$1,999,999
Sold Price
$2,000,000
Premium/Discount to List
$1
0.0%
Total Days on Market
7
Current Estimated Value
$2,477,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$477,280
Avg. Annual Appreciation
6.89%
Original Mortgage
$1,302,000
Outstanding Balance
$1,197,561
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,352,771

Purchase Details

Closed on
Aug 13, 2019
Sold by
Affordable Mini Storage Llc
Bought by
Six Fish Holdings Llc

Purchase Details

Closed on
Jul 19, 2018
Sold by
Branch Courtney
Bought by
Affordable Mini Storage Llc

Purchase Details

Closed on
Feb 23, 2017
Sold by
Branch Courtney and Branch Heather
Bought by
Branch Courtney

Purchase Details

Closed on
Jan 18, 2005
Sold by
Branch Properties Family Pa
Bought by
Branch Courtney and Branch Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,000
Interest Rate
5.67%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 21, 2004
Sold by
Pelayo Alvin Theodore and Pelayo Judith Gale
Bought by
Branch Properties Family Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.79%
Mortgage Type
Seller Take Back

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:

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Average Value
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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
Strohmeyer Gregory $2,000,000 Fnt
Six Fish Holdings Llc -- Accommodation
Affordable Mini Storage Llc $1,315,000 Fidelity National Title & Es
Branch Courtney -- None Available
Branch Courtney $1,000 --
Branch Properties Family Lp $775,000 --
Makekau Jeffery N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strohmeyer Gregory $1,302,000
Previous Owner Branch Courtney $362,500
Previous Owner Branch Courtney $406,000
Previous Owner Branch Properties Family Lp $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2021 10/19/21 Sold $2,000,000 0.0% $2 / Sq Ft
06/03/2021 06/03/21 Pending -- -- --
05/27/2021 05/27/21 For Sale $1,999,999 -- $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 $20,509 -- -- --
2024 $20,509 -- -- --
2023 $17,494 $1,730,700 $833,600 $897,100
2022 $17,494 $1,476,300 $672,100 $804,200
2021 $10,879 $978,600 $625,200 $353,400
2020 $10,926 $986,100 $625,200 $360,900
2019 $8,354 $777,100 $521,000 $256,100
2018 $1,524 $734,700 $468,900 $265,800
2017 $1,417 $0 $0 $0
2016 $1,295 $679,500 $432,400 $247,100
2015 -- $741,700 $521,000 $220,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 391672

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-6-030-022-0000