NOT LISTED FOR SALE

Estimated Value: $2,664,000 - $3,140,000

5 Beds
4 Baths
2,884 Sq Ft
$1,044/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $2,500,000 $867 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $19,180/month

71 Days on Market

Highlights

  • In Ground Pool
  • Laundry Room
  • Ceiling Fan
  • Garden View
  • Central Air
  • 2 Car Garage

About This Home

As of October 2021

Once upon a time, this home was called “the Tree House” because of its upper location within Wailea Kai gated community which allows you to overlook the surrounding homes and have a true peek-a-boo view of the ocean and West Maui mountain view as well. This 5B/4B home has one of the best locations within Wailea Kai; far away from S. Kihei Rd. noise, but still just a short stroll away from one of Maui’s best beaches; Keawakapu or Sidewalks as it is known locally. This property was completely renovated in 2017 from top to bottom, interior and exterior. As you open the beautiful Sapele wood front door, you will notice a very flexible floor that is perfect for an extended family or visiting friends with all main living areas in the upper level cooled by a central A/C system installed in July 2020; a spacious great room with a combination of beautiful Renaissance porcelain tile and Tiger wood flooring, dining room, kitchen with gorgeous granite counter tops, Bosch appliances and Sapele wood cabinets, master bedroom & bath, guest bedroom, guest bath, laundry, garage and approximately 400 sf of lanai space. As you head downstairs you will find two more bedrooms, a full bath that connects to one of the bedrooms, a family room with a bar sink and a very private third bedroom suite with a full bath, bar sink and kitchenette set up as well as another laundry area and over 400 sf of lanai space. The entire downstairs is cooled by 4 unit split A/C system installed during the renovations. The fully fenced backyard exuberates privacy and features a custom-built swimming pool & spa added during the 2017 renovations and a mature tropical landscaping.  Last but not least, there are 24 owned photovoltaic panels to keep your electric cost down. Call your favorite Realtor to view this Wailea Kai gem!

Last Agent to Sell the Property

Alex Abreu

Hawaii Life (W) License #RB-24368 Listed on: 06/26/2021

Hawaii Life (W)

Last Buyer's Agent

Melissa Montgomery

Coldwell Banker Island Prop(S) License #RB-23198

Coldwell Banker Island Prop(S)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,390

Year Built

  • Built in 1988 | Remodeled

Lot Details

  • 8,272 Sq Ft Lot
  • Fenced
  • Sprinkler System

HOA Fees

  • $399 Monthly HOA Fees

Interior Spaces

  • 2,884 Sq Ft Home
  • Ceiling Fan
  • Family Room
  • Garden Views
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Pool

  • In Ground Pool
  • Spa

Utilities

  • Central Air
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,390

Year Built

Built in 1988 | Remodeled

Lot Details

0

HOA Fees

$399 per month

Listing Details

  • Class: Residential
  • District: Wailea/Makena
  • Other Features: Lawn Sprinkler, Remodeled, Spa/Hot Tub, Wall/Fence
  • Perm To Adv Upcoming1: Yes
  • Perm To Adv Upcoming2: Yes
  • Type: Single Family
  • View: Garden View
  • Year Built House: 1988
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1988
  • Year Renovated: 2017

Interior Features

  • Additional Rooms: Family Room, Laundry Room
  • Bathrooms: 4
  • Bedrooms: 5
  • Included: Auto Garage Door Opener, Ceiling Fan(s), Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Smoke/Heat Detector, Tv Cable, Washing MacHine
  • Living Area Sq Ft: 2884
  • Price Per Sq Ft: 866.85
  • Total Living Sq Ft: 2884

Exterior Features

  • Covered Lanai Deck Sq Ft House: 800
  • Pool: Yes
  • Pool Type: In-Ground

Garage/Parking

  • Garage: Yes
  • Number of Car Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Room AC Number House: 4
  • Sewer: Sewer County

Condo/Co-op/Association

  • Association Fees Frequency: Monthly
  • Association Fees: 399

Schools

  • Elementary School: Kamalii Elementary
  • Middle School: Lokelani Intermediate

Lot Info

  • County Zoning: R-2 Residential
  • Land Acres: 0.1899
  • Land Sq Ft: 8272

Tax Info

  • Taxes Per Month: 216.58

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2021
Closed on
Oct 16, 2021
Sold by
Wright Wayne Alfred and Wright Susan Theobald
Bought by
Ray Ronak Narendra and Ray Mariah Sheriff
Seller's Agent
Alex Abreu
Hawaii Life (W)
Buyer's Agent
Melissa Montgomery
Coldwell Banker Island Prop(S)
List Price
$2,745,000
Sold Price
$2,500,000
Premium/Discount to List
-$245,000
-8.93%
Current Estimated Value
$3,153,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$653,119
Avg. Annual Appreciation
6.59%
Original Mortgage
$1,875,000
Outstanding Balance
$1,724,598
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,457,949

Purchase Details

Listed on
Jul 15, 2016
Closed on
Sep 23, 2016
Sold by
Leiter Elliot and Leiter Renee Anita
Bought by
Wright Wayne A and Wright Susan T
Seller's Agent
Ron Wilson
Hawaiian Voyage Realty
Buyer's Agent
Robert McDaniel
Wailea Vacation Rentals
List Price
$1,125,000
Sold Price
$1,025,000
Premium/Discount to List
-$100,000
-8.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.27%
Original Mortgage
$650,000
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2003
Sold by
Leiter Elliot and Leiter Renee Anita
Bought by
Leiter Elliot and Leiter Renee Anita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Interest Rate
5.71%
Mortgage Type
Unknown

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
Jul 15, 2002
Sold by
Richmond Ruth K
Bought by
Leiter Elliot and Leiter Renee Anita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$546,000
Interest Rate
6.69%

Purchase Details

Closed on
Jul 13, 2002
Sold by
Leiter Elliot and Leiter Renee Anita
Bought by
Leiter Elliot and Leiter Renee Anita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$546,000
Interest Rate
6.69%
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
Ray Ronak Narendra $2,500,000 Fntic
Wright Wayne A $1,025,000 Or
Leiter Elliot -- --
Leiter Elliot -- --
Makekau Jeffery N -- --
Leiter Elliot $780,000 --
Leiter Elliot -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ray Ronak Narendra $1,875,000
Previous Owner Wright Wayne Alfred $663,250
Previous Owner Wright Wayne A $650,000
Previous Owner Leiter Elliot $484,000
Previous Owner Leiter Elliot $546,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2021 10/22/21 Sold $2,500,000 -4.8% $867 / Sq Ft
09/05/2021 09/05/21 Pending -- -- --
08/18/2021 08/18/21 Price Changed $2,626,000 -4.3% $911 / Sq Ft
06/26/2021 06/26/21 For Sale $2,745,000 +167.8% $952 / Sq Ft
09/30/2016 09/30/16 Sold $1,025,000 -8.9% $355 / Sq Ft
08/28/2016 08/28/16 Pending -- -- --
07/15/2016 07/15/16 For Sale $1,125,000 -- $390 / 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 $16,390 $2,505,000 $1,225,900 $1,279,100
2024 $16,390 $2,237,600 $1,014,600 $1,223,000
2023 $10,955 $2,003,300 $763,000 $1,240,300
2022 $10,955 $1,638,100 $508,600 $1,129,500
2021 $2,690 $1,303,700 $508,600 $795,100
2020 $2,599 $1,230,800 $508,600 $722,200
2019 $2,790 $1,162,000 $457,800 $704,200
2018 $6,594 $1,194,500 $457,800 $736,700
2017 $6,784 $0 $0 $0
2016 $7,063 $1,332,600 $601,900 $730,700
2015 -- $1,210,100 $601,900 $608,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 392145

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-1-021-042-0000