NOT LISTED FOR SALE

59 Kumu Niu Place Unit A Lahaina, HI 96761

Estimated Value: $3,563,569 - $4,269,000

3 Beds
4 Baths
4,300 Sq Ft
$898/Sq Ft Est. Value

Last Sold September 27, 2013

Last sale price $1,940,000 $451 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $22,571/month

11 Days on Market

Highlights

  • Ocean View
  • 1.53 Acre Lot
  • 1-Story Property
  • In Ground Pool
  • Wood Flooring
  • Central Air

About This Home

As of September 2013

Short Sale! BREATHTAKING, SWEEPING PANORAMIC OCEAN and MULTI-ISLAND VIEWS from this custom 3 bedroom, 3 1/2 bath EXECUTIVE home built upon the open slopes of Launiupoko. Superb interior upgrades of travertine, exotic woods and granite counters. Open, spacious interior with pocketing sliders to bring the outdoors in, high ceilings and a spacious dining area. There are two master suites, one with an additional outdoor shower. Ocean side infinity edge pool with spa and additional agriculture storage building in line with pool. This is a residential CPR'd home on approx. 1.5 acres of limited common element of Royal View CPR. All figures and information are approximate and not guaranteed. This is a SHORT SALE. Seller and Bank approval REQUIRED. Buyer to do diligence and inspections within 10 days of an accepted offer from seller. Home and landscaping are in need of care and restoration.

Last Agent to Sell the Property

Steve Blackington

Maui Lifestyle Properties LLC License #RB-19597 Listed on: 09/28/2012

Co-Listed By

Jerry Tichy

Maui Lifestyle Properties LLC License #RB-19737

Last Buyer's Agent

Reggie Audant

ZT Hawaii LLC License #RB-18728

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,151

Year Built

  • Built in 2006

Lot Details

  • 1.53 Acre Lot
  • Property fronts a private road
  • Fenced

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shake Roof
  • Double Stud Wall
  • Stucco

Interior Spaces

  • 4,300 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Pool

  • In Ground Pool

Utilities

  • Central Air
  • No Heating
  • Underground Utilities
  • Private Water Source
  • Septic Tank
  • Cable TV Available

Community Details

  • Mahanalua Nui Phase II Subdivision

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 2470100280001

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,151

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • View: Ocean
  • Year Built: 2006
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • LotFeatures: Electricity Easement, Water Easement, Telephone Easement
  • PoolFeatures: In Ground
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 9108
  • Co List Office Phone: 808-280-5084
  • SpecialListingConditions: Short Sale
  • Subdivision Name: Mahanalua Nui Phase II
  • Fireplace: No
  • Garage Yn: Yes
  • Interior Features: Ceiling Fan(s), TV Cable
  • Unit Levels: One
  • LivingArea: 4300
  • Roof: Cedar Shake
  • Financial Info Electric: Underground
  • Special Features: 12

Interior Features

  • Flooring: Stone/Concrete, Wood
  • Appliances: Dishwasher, Disposal, Microwave, Range
  • Total Bedrooms: 3
  • Master Bedroom Master Bedroom Level: Ground

Exterior Features

  • Fencing: Wall/Fence
  • Acres: 1.53
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Stucco, Double Wall, Wood Frame
  • Foundation Details: Concrete Slab

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • HeatingYN: No
  • Utilities: Phone Connected, Cable Connected
  • Water Source: Private

Lot Info

  • Lot Size Sq Ft: 66647
  • ResoLotSizeUnits: Acres
  • Parcel #: 2470100280001
  • ResoLotSizeUnits: Acres

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2012
Closed on
Oct 4, 2013
Sold by
Gallagher Devin
Bought by
Gallagher Devin K and Gallagher Charmaine M
Seller's Agent
Steve Blackington
Maui Lifestyle Properties LLC
Buyer's Agent
Reggie Audant
ZT Hawaii LLC
List Price
$1,890,000
Sold Price
$1,940,000
Premium/Discount to List
$50,000
2.65%
Current Estimated Value
$3,862,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,922,392
Avg. Annual Appreciation
5.89%

Purchase Details

Listed on
Sep 28, 2012
Closed on
Sep 23, 2013
Sold by
Norris Donald E and Norris Darcy A
Bought by
Gallagher Devin
Seller's Agent
Steve Blackington
Maui Lifestyle Properties LLC
Buyer's Agent
Reggie Audant
ZT Hawaii LLC
List Price
$1,890,000
Sold Price
$1,940,000
Premium/Discount to List
$50,000
2.65%

Purchase Details

Closed on
Feb 6, 2007
Sold by
Royal View Cpr Llc
Bought by
Norris Donald E and Norris Darcy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,325,000
Interest Rate
7.37%
Mortgage Type
New Conventional
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
Gallagher Devin K -- Accommodation
Gallagher Devin $1,940,000 Or
Norris Donald E $3,100,000 Fntic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Norris Donald E $2,325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2013 09/27/13 Sold $1,940,000 +2.6% $451 / Sq Ft
10/10/2012 10/10/12 Pending -- -- --
09/28/2012 09/28/12 For Sale $1,890,000 -- $440 / 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 $24,151 $3,773,200 $2,108,600 $1,664,600
2024 $24,151 $3,091,500 $1,502,400 $1,589,100
2023 $21,137 $2,910,900 $1,317,900 $1,593,000
2022 $18,228 $2,547,200 $1,098,300 $1,448,900
2021 $15,809 $2,401,800 $1,054,300 $1,347,500
2020 $14,271 $2,322,600 $953,500 $1,369,100
2019 $14,681 $2,326,600 $993,200 $1,333,400
2018 $16,019 $2,538,700 $1,072,700 $1,466,000
2017 $15,208 $0 $0 $0
2016 $1,352 $2,252,700 $874,000 $1,378,700
2015 $150 $2,404,700 $874,000 $1,530,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 353605

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-7-010-028-0001