NOT LISTED FOR SALE

55 Kiloa St Unit R2 Kihei, HI 96753

Estimated Value: $4,271,749 - $5,537,000

3 Beds
4 Baths
2,426 Sq Ft
$2,046/Sq Ft Est. Value

Last Sold November 15, 2013

Last sale price $1,975,000 $814 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $31,982/month

321 Days on Market

Highlights

  • Ocean View
  • Sauna
  • 30.17 Acre Lot
  • In Ground Pool
  • Property is near an ocean
  • Furnished

About This Home

As of November 2013

The Ho'olei community is located directly across the street from the Grand Wailea Resort and Spa. Relax with the comfort and ability to "lock and go" while at the same time enjoy the comforts of a condominium designed to feel like a stand alone residence. Villa 55-2 has a very convenient location on the property, located with a close proximity to the pool and pavilion area. Interior appointments include a private elevator, a gourmet Studio Snaidero kitchen with Wolf and Sub Zero appliances abundant. On-site amenities include one of the most impressive pools in the Wailea Resort, a vast entertainment area, and a state-of-the-art fitness facility. In addition, a special arrangement has been set up for the benefit of the Ho'olei homeowners at all three championship Wailea golf courses. Seller's personal branded items including all linens and towels are to be excluded from the sale. Unit will be furnished per inventory to be supplied to buyer.

Last Agent to Sell the Property

Dano Sayles

Coldwell Banker Island Prop(S) License #RB-16779 Listed on: 10/11/2012

Coldwell Banker Island Prop(S)

Last Buyer's Agent

Ken Smith

Coldwell Banker Island Prop(S) License #RS-49856

Coldwell Banker Island Prop(S)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $67,922

Year Built

  • Built in 2008

Lot Details

  • 30.17

Home Design

  • Split Level Home
  • Slab Foundation
  • Steel Frame
  • Tile Roof
  • Concrete Block And Stucco Construction
  • Double Stud Wall

Interior Spaces

  • 2,426 Sq Ft Home
  • Furnished
  • Blinds
  • Sauna
  • Home Gym
  • Ocean Views
  • Home Security System

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • In Ground Pool
  • Property is near an ocean

Schools

  • Kamalii Elementary School
  • Lokelani Intermediate
  • Maui High School

Additional Features

  • Stair Lift
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 2210081190104

Community Details

Overview

  • Hoolei Community
  • Hoolei Subdivision

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$67,922

Year Built

Built in 2008

Lot Details

0

Listing Details

  • View: Ocean
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • PoolFeatures: In Ground
  • SecurityFeatures: Security System, Smoke/Heat Detector
  • Subdivision Name: Hoolei
  • Accessibility Features: Stair Lift or Elevator
  • Carport Y N: No
  • Fireplace: No
  • Garage Yn: No
  • Interior Features: Furnished, Kitchen Ware, Exercise Room, Sauna
  • Unit Levels: Multi/Split
  • LivingArea: 2426
  • Roof: Monier Tile/Tile
  • Structure Type: Townhouse
  • WindowFeatures: Blinds
  • Master Plan Zoning: H-1
  • Special Features: None

Interior Features

  • Flooring: Stone/Concrete, Carpet
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 3

Exterior Features

  • Acres: 30.167
  • View: Yes
  • Waterfront Features: Across Street from Ocean
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Stucco, Concrete, Double Wall, Steel Frame
  • Foundation Details: Concrete Slab

Garage/Parking

  • Parking Features: Garage Door Opener

Utilities

  • Sewer: Public Sewer
  • HeatingYN: No
  • Water Source: Public

Schools

  • Elementary School: Kamalii Elementary
  • High School: Maui High
  • Middle Or Junior School: Lokelani Intermediate

Lot Info

  • Lot Size Sq Ft: 1314075
  • ResoLotSizeUnits: Acres
  • Parcel #: 2210081190104
  • Zoning Description: Hotel District
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: No

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2012
Closed on
Oct 29, 2013
Sold by
Real Property 42 Llc
Bought by
Lee Leo Yao
Seller's Agent
Dano Sayles
Coldwell Banker Island Prop(S)
Buyer's Agent
Ken Smith
Coldwell Banker Island Prop(S)
List Price
$2,250,000
Sold Price
$1,975,000
Premium/Discount to List
-$275,000
-12.22%
Current Estimated Value
$4,964,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,989,687
Avg. Annual Appreciation
8.05%
Original Mortgage
$1,382,500
Outstanding Balance
$1,011,050
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,953,637

Purchase Details

Closed on
Sep 9, 2011
Sold by
R2 55-2 Kiloa Street Kihei Hi Llc
Bought by
Real Property 42 Llc

Purchase Details

Closed on
Jul 30, 2008
Sold by
Alps Investment Llc
Bought by
R2 55-2 Kiloa Street Kihei Hi Llc
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
Lee Leo Yao $1,975,000 Or
Real Property 42 Llc $1,037,500 None Available
R2 55-2 Kiloa Street Kihei Hi Llc $2,296,857 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Leo Yao $1,382,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2013 11/15/13 Sold $1,975,000 -12.2% $814 / Sq Ft
08/29/2013 08/29/13 Pending -- -- --
10/11/2012 10/11/12 For Sale $2,250,000 -- $927 / 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 $67,922 $5,590,700 $636,700 $4,954,000
2024 $67,922 $4,894,800 $636,700 $4,258,100
2023 $35,479 $3,861,400 $636,700 $3,224,700
2022 $35,479 $2,994,000 $202,200 $2,791,800
2021 $34,064 $3,051,000 $179,800 $2,871,200
2020 $33,864 $3,056,300 $179,800 $2,876,500
2019 $27,119 $2,522,700 $164,800 $2,357,900
2018 $22,863 $2,463,700 $149,800 $2,313,900
2017 $23,057 $0 $0 $0
2016 $18,365 $2,108,500 $142,700 $1,965,800
2015 $10,935 $1,900,600 $142,700 $1,757,900
Source: Public Records

Agents Affiliated with this Home

  • Dano Sayles

    Seller's Agent in 2013

    Dano Sayles

    Coldwell Banker Island Prop(S)

    (808) 870-4899

    126 in this area

    187 Total Sales

    Dano Sayles
    Section Image
  • Ken Smith

    Buyer's Agent in 2013

    Ken Smith

    Coldwell Banker Island Prop(S)

    (808) 280-4115

    44 in this area

    89 Total Sales

    Ken Smith
    Section Image
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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 353727

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-1-008-119-0104

Hawaii Maui County Kihei 96753

55 Kiloa St Unit R2, Kihei, HI

This home is located at 55 Kiloa St Unit R2, Kihei, HI 96753 since 11 October 2012 and is currently estimated at $4,964,687, approximately $2,046 per square foot. This property was built in 2008. 55 Kiloa St Unit R2 is a home located in Maui County with nearby schools including Kamali'i Elementary School, Lokelani Intermediate School, and Maui High School.

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