NOT LISTED FOR SALE

57 Makakehau St Unit J5 Kihei, HI 96753

Estimated Value: $4,706,393 - $5,133,000

3 Beds
3.5 Baths
1,314,075 Sq Ft
$4/Sq Ft Est. Value

Last Sold February 08, 2021

Last sale price $3,050,000 $2 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $31,285/month

137 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 February 2021

Extraordinary opportunity to own within the heart of Wailea, Ho’olei Resort Villa 57-5 offers panoramic ocean views and a captivating 3 bedroom 3.5 bath open floor plan located within a short walk to premier Wailea ocean beachfront. Relax and enjoy the abundance of amenities that await the most discerning buyer. Casual elegance embraces this well designed villa with the ease of indoor/outdoor living. A spacious kitchen well designed for entertaining with top of the line Wolf appliances, Sub Zero double refrigerators and built in Wolf BBQ on the covered lanai. Three bedrooms provide all ensuite features and plush designer furnishings. Laundry room, private elevator, storage closets, one car attached garage and a deeded carport with storage are a welcome convenience. Sellers are offering the Villa 57-5 turn-key for move-in ease. Ho’olei is a very special community offering 24 hr. security, privacy gated with lush landscaping, tropical pool with waterfalls, fitness facility and concierge services. Ho’olei is a hotel zoned property, this home has been professionally marketed through the on-site Ho’olei at Grand Wailea Rental Management Company and is in pristine condition. The location of Villa 57-5 is ideal offering nearby world class resort amenities including the Shops at Wailea, Maui’s incredible beaches, first class restaurants, golf courses and miles of ocean recreation.

Last Agent to Sell the Property

Dano Sayles

Coldwell Banker Island Prop(S) License #RB-16779 Listed on: 08/24/2020

Coldwell Banker Island Prop(S)

Last Buyer's Agent

Dano Sayles

Coldwell Banker Island Prop(S) License #RB-16779 Listed on: 08/24/2020

Coldwell Banker Island Prop(S)

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2008

Lot Details

  • 30.17

Home Design

  • Entry on the 2nd floor
  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Dining Area
  • Storage Room
  • Sauna
  • Home Gym
  • Ocean Views
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Automatic Garage Door Opener

Accessible Home Design

  • Stair Lift

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Property is near an ocean
  • Outdoor Grill

Utilities

  • Central Air
  • Underground Utilities
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Short Term Rentals Allowed
  • Assessor Parcel Number 2210081190059

Community Details

Overview

  • Property has a Home Owners Association
  • Low-Rise Condominium
  • Hoolei Community

Amenities

  • Elevator

Security

  • Security Guard
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Ada Enhanced Access: Stair Lift Or Elevator
  • Class: Condominium
  • District: Wailea/Makena
  • Other Features: Exercise Room, Sauna, Bar-B-Que, Security Guard, Extra Storage, Spa/Hot Tub
  • Type: Condo
  • View: Ocean
  • Unit: J5
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Tile
  • Additional Rooms: Dining Area, Eat-In Kitchen/Nook, Laundry Room, Storage Room
  • Bathrooms: 3.5
  • Bedrooms: 3
  • Included: Auto Garage Door Opener, Blinds, Security System, Ceiling Fan(s), Dishwasher, Dryer, Drapes, Furnished, Kitchen Ware, Linens, Microwave, Range, Refrigerator, Smoke/Heat Detector, Tv Cable, Washing MacHine
  • Living Area Sq Ft: 2426
  • Price Per Sq Ft: 1257.21
  • Floor Level: 2
  • Passenger Elevator: One

Exterior Features

  • Design And Structure: Low-Rise 1-3 Stories, Town House
  • Exterior Finish: Stucco
  • Pool: Yes
  • Roofing: Monier Tile/Tile
  • Substructure: Concrete Slab
  • Waterfront: Across Street From Ocean
  • Pool Type: In-Ground

Garage/Parking

  • Garage: Yes
  • Garage Number Of Cars: 1
  • Garage Parking Sq Ft: 305
  • Carport: Yes
  • Number of Carport Spaces: 1

Utilities

  • Central Air Conditioning: Y
  • Sewer: Sewer County
  • Utilities To Site: County Water, Underground Electricity, Telephone, Tv Cable

Condo/Co-op/Association

  • Association Fees Frequency: Semiannually
  • Association Manager: WCA
  • Other Monthly Fees: Maintenance Fees, Associated Fee
  • Complex Name: Hoolei
  • Monthly Maintenance Fee: 1568.86

Lot Info

  • County Zoning: H-1 Hotel District
  • Land Acres: 30.167
  • Land Sq Ft: 1314075
  • State Zoning: Urban

Rental Info

  • Short Term Rental Allowed: Yes

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 2210081190059

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2020
Closed on
Jan 29, 2021
Sold by
Stevens Kenneth and Stevens Deborah
Bought by
Kbzj Island Properties Llc
Seller's Agent
Dano Sayles
Coldwell Banker Island Prop(S)
Buyer's Agent
Dano Sayles
Coldwell Banker Island Prop(S)
List Price
$3,495,000
Sold Price
$3,050,000
Premium/Discount to List
-$445,000
-12.73%
Current Estimated Value
$4,838,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,788,098
Avg. Annual Appreciation
9.98%

Purchase Details

Closed on
Oct 12, 2016
Sold by
Granum Ii Robert Marion
Bought by
Stevens Kenneth and Stevens Deborah

Purchase Details

Closed on
May 1, 2008
Sold by
Wailea Mf-9 Associates Llc
Bought by
Granum Ii Robert Marion
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
--
Adjusted for Inflation
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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
Kbzj Island Properties Llc $3,050,000 Or
Stevens Kenneth $2,700,000 Tg
Granum Ii Robert Marion $2,527,314 Tg
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2021 02/08/21 Sold $3,050,000 -9.0% $2 / Sq Ft
01/08/2021 01/08/21 Pending -- -- --
09/07/2020 09/07/20 Price Changed $3,350,000 -4.1% $3 / Sq Ft
08/24/2020 08/24/20 For Sale $3,495,000 -- $3 / 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 $70,334 $5,743,600 $636,700 $5,106,900
2024 $70,334 $5,055,600 $636,700 $4,418,900
2023 $50,219 $4,237,900 $636,700 $3,601,200
2022 $39,077 $3,297,600 $202,200 $3,095,400
2021 $36,451 $3,264,100 $179,800 $3,084,300
2020 $35,510 $3,204,900 $179,800 $3,025,100
2019 $29,102 $2,707,200 $164,800 $2,542,400
2018 $24,444 $2,634,100 $149,800 $2,484,300
2017 $24,079 $0 $0 $0
2016 $21,495 $2,467,800 $142,700 $2,325,100
2015 $16,625 $2,371,600 $142,700 $2,228,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 388281

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-1-008-119-0059