NOT LISTED FOR SALE

55 Kai Place Paia, HI 96779

Estimated Value: $2,528,000 - $3,961,000

3 Beds
2 Baths
1,636 Sq Ft
$2,048/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $2,947,000 $1,801 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $19,819/month

Highlights

  • In Ground Pool
  • Mountain View
  • Eat-In Kitchen
  • Property is near an ocean
  • Wood Flooring
  • Solar Water Heater

About This Home

As of July 2021

Paia Perfection. One visit to this home and you will absolutely fall in love! 55 Kai Place is a one of a kind masterpiece that you must see in person to appreciate both the uniqueness and the quality. This 3br/2ba Plantation-era retreat that has been completely transformed into a modern architectural masterpiece for graceful indoor/outdoor living. In the living room there are custom-built pocket doors made from African hardwood that retract on two sides to connect interior living spaces with the large wrap-around covered lanai and shaded patio spaces. Take a dip in the 30-foot saltwater pool which features multiple waterfalls with distinctive accent lights. Delight in the ocean sounds of nearby Kuau bay which is less than 250 feet away. Take the spiral staircase up the second-floor view deck to marvel at the panoramic ocean views and meditate under a sunset sky. This private sanctuary of a property offers a rare opportunity for peaceful living while conveniently located just minutes away from the boutiques and restaurants of Paia town. Every single detail of this property was designed to captivate your emotions which helps create an incredibly strong connection to the ocean. Imagine waking up each morning on your lanai, watching the sunrise over Haleakala, and then head out to play in the ocean. Your day’s activities might consist of kiting, sailboarding, wing-foiling, fishing, stand up paddling, or just about any other ocean sport you can dream of. The lifestyle possibilities are endless. There's also an attached no-hana at the property which offers a ton of flexibility. The home is equipped to perform as a successful rental property, corporate getaway, or your personal vacation residence.

Last Agent to Sell the Property

Dano Sayles

Coldwell Banker Island Prop(S) License #RB-16779 Listed on: 05/11/2021

Coldwell Banker Island Prop(S)

Co-Listed By

Martin Lenny

The Maui Real Estate Team Inc License #RS-61489

Last Buyer's Agent

Martin Lenny

The Maui Real Estate Team Inc License #RS-61489

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,727

Year Built

  • Built in 1938 | Remodeled

Lot Details

  • 5,441 Sq Ft Lot
  • Fenced
  • Level Lot

Home Design

  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Shake Roof
  • Wood Shingle Roof
  • Wood Siding
  • Double Stud Wall

Interior Spaces

  • 1,636 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Dining Area
  • Storage Room
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Solar Water Heater

Outdoor Features

  • In Ground Pool
  • Property is near an ocean

Utilities

  • Sewer Tap Fee
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,727

Year Built

Built in 1938 | Remodeled

Lot Details

0

Listing Details

  • Class: Residential
  • District: Spreckelsville/Paia/Kuau
  • Other Features: Storage, Remodeled, Wall/Fence
  • Perm To Adv Upcoming1: Yes
  • Perm To Adv Upcoming2: Yes
  • Roads: Paved
  • Type: Sf W/Det Ohana Or Cottage
  • View: Mountain/Ocean
  • Year Built House: 1938
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1938
  • Year Renovated: 2015

Interior Features

  • Flooring: Wood, Tile
  • Additional Rooms: Dining Area, Eat-In Kitchen/Nook, Storage Room
  • Bathrooms: 2
  • Bedrooms: 3
  • Included: Blinds, Ceiling Fan(s), Dishwasher, Disposal, Dryer, Range, Refrigerator, Smoke/Heat Detector, Solar Water Heating, Washing MacHine
  • Living Area Sq Ft: 1312
  • Master Bedroom Ground Floor: Yes
  • Ohana Additional Rooms: Eat-In Kitchen/Nook
  • Ohana Bedrooms: 1
  • Ohana Bathrooms: 1
  • Ohana Flooring: Wood, Tile
  • Ohana Living Area Sq Ft: 324
  • Price Per Sq Ft: 1801.34
  • Total Living Sq Ft: 1636

Exterior Features

  • Construction Data: Wood Frame
  • Design And Structure: 1 Story
  • Exterior Finish: Wood
  • Ohana Construction: Double Wall, Wood Frame
  • Ohana Design: 1 Story
  • Ohana Exterior Finish: Wood
  • Ohana Included: Ceiling Fan
  • Ohana Roofing: Cedar Shake
  • Ohana Year Built: 2000
  • Ohana Year Remodeled: 2015
  • Pool: Yes
  • Pool Type: In-Ground
  • Roofing: Wood Shingles
  • Substructure: Post And Pier
  • Waterfront: Across Street From Ocean

Utilities

  • Sewer: Sewer County, Sewer Fee
  • Ohana Utilities To Site: County Water
  • Utilities To Site: County Water, Telephone, Tv Cable

Schools

  • Elementary School: Pa'ia Elementary
  • Middle School: Samuel E Kalama Intermediate
  • High School: King Kekaulike High

Lot Info

  • County Zoning: R-1 Residential
  • Land Acres: 0.1249
  • Land Sq Ft: 5441
  • State Zoning: Urban
  • Topography: Level

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2017
Sold by
Salvador Arik
Bought by
Rose Kathleen A and Kathleen A Rose Living Trust
Current Estimated Value
$3,350,764

Purchase Details

Closed on
Dec 22, 2009
Sold by
Salvador Wendy G
Bought by
Salvador Arik and Naniloa Revocable Trust

Purchase Details

Closed on
Oct 12, 2005
Sold by
Salvador Arik
Bought by
Salvador Arik and Naniloa Revocable Trust

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
May 31, 2001
Sold by
Salvador Arik and Salvador Wendy G
Bought by
Salvador Arik and Salvador Wendy G

Purchase Details

Closed on
Mar 14, 2000
Sold by
Villa Vernon J and Villa Emma R
Bought by
Salvador Arik and Salvador Wendy G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
8.3%

Purchase Details

Closed on
Nov 17, 1999
Sold by
Villa Emma R
Bought by
Villa Vernon J and Villa Emma R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.82%
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
Rose Kathleen A $2,050,000 Or
Salvador Arik $103,487 Or
Salvador Arik -- --
Makekau Jeffery N -- --
Salvador Arik -- --
Salvador Arik $195,000 --
Villa Vernon J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salvador Arik $175,500
Previous Owner Villa Vernon J $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2021 07/16/21 Sold $2,947,000 -1.7% $1,801 / Sq Ft
05/11/2021 05/11/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $2,999,000 -- $1,833 / 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 $18,727 $2,897,600 $1,232,700 $1,664,900
2024 $18,727 $2,512,600 $924,500 $1,588,100
2023 $15,954 $2,263,000 $672,400 $1,590,600
2022 $14,559 $2,088,600 $644,400 $1,444,200
2021 $12,109 $1,939,200 $593,900 $1,345,300
2020 $11,809 $1,965,800 $593,900 $1,371,900
2019 $11,464 $1,881,900 $588,300 $1,293,600
2018 $5,341 $967,600 $504,300 $463,300
2017 $2,297 $0 $0 $0
2016 $1,616 $798,500 $571,200 $227,300
2015 -- $684,200 $480,600 $203,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 391447

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-6-008-007-0000