NOT LISTED FOR SALE

622 Luakini St Lahaina, HI 96761

Estimated Value: $1,457,000 - $1,643,000

2 Beds
2 Baths
1,244 Sq Ft
$1,244/Sq Ft Est. Value

Last Sold June 07, 2018

Last sale price $989,000 $795 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $8,632/month

37 Days on Market

Highlights

  • Workshop
  • Handicap Modified
  • Ceiling Fan
  • Storage
  • Central Air
  • 5-minute walk to Lahaina Banyan Court

About This Home

As of June 2018

A unique opportunity in Lahaina to own this light and bright 2 bedroom 2 bathroom home, with attached legal 600 sq.ft. studio Ohana, on a large lot of 10,700 sq ft. There is also an over-sized 798 sq.ft. two bay garage/machine workshop that is equipped with 200 amp 220 three phase electric service and 10 hp 45 cfm air compressor. Attached to the garage/workshop is a 529 sq.ft. bonus room that could be a studio/work space or even could be converted to additional living space to add to the home sq ft. The wide driveway entrance and lots of parking spaces are also a big plus. Home is currently owner occupied and second bedroom is being used as a home office / den area. The tenants in the Ohana are month to month. There is also a storage shed 8x16 that's being used by the tenants. The Workshop has so many potential uses, it could be used as a boat storage or a car collectors dream and anyone with a serious hobby or a craftsman would be thrilled with the space, with 12 ft high ceilings and two roll up garage doors, there is lots of opportunity to put this space to good use. The home sits towards the back of the lot making it a quiet location while still being in close proximity to downtown Lahaina and Schools and the Harbor. Check out the 3D Tour

Last Agent to Sell the Property

Susan DeLoria

Keller Williams Realty Maui-L License #RB-22721 Listed on: 03/13/2018

Keller Williams Realty Maui-L

Last Buyer's Agent

Cynthia Warner

Island Sotheby's Int'l Rlty(M) License #RB-15934

Island Sotheby's Int'l Rlty(M)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,623

Year Built

  • Built in 1995

Lot Details

  • 10,698 Sq Ft Lot
  • Property fronts a county road
  • Fenced
  • Level Lot

Parking

  • 2 Car Garage

Interior Spaces

  • Ceiling Fan
  • Workshop
  • Storage
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Accessible Home Design

  • Handicap Modified

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,623

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: Residential
  • District: Lahaina
  • Other Features: Storage, Workshop, Handicap Modified, Wall/Fence
  • Roads: County
  • Type: Single Family W/Att Ohana
  • Year Built House: 1995
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1995

Interior Features

  • Bathrooms: 2
  • Bedrooms: 2
  • Living Area Sq Ft: 1244
  • Ohana Bathrooms: 1
  • Ohana Living Area Sq Ft: 600

Exterior Features

  • Ohana Covered Lanai Deck Sq Ft: 163
  • Ohana Included: Ceiling Fan, Range, Refrigerator, Tv Cable
  • Ohana Year Built: 1995
  • Ohana Year Remodeled: 2015

Garage/Parking

  • Garage: Yes
  • Number of Car Spaces: 2

Utilities

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

Lot Info

  • County Zoning: R-2 Residential
  • Land Acres: 0.2456
  • Land Sq Ft: 10698
  • State Zoning: Urban
  • Topography: Level

Tax Info

  • Taxes Per Month: 164.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2018
Closed on
Jun 1, 2018
Sold by
Gadarian Sara J
Bought by
Maui Luakini Operating Llc
Seller's Agent
Susan DeLoria
Keller Williams Realty Maui-L
Buyer's Agent
Cynthia Warner
Island Sotheby's Int'l Rlty(M)
List Price
$1,100,000
Sold Price
$989,000
Premium/Discount to List
-$111,000
-10.09%
Current Estimated Value
$1,547,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$558,068
Avg. Annual Appreciation
6.86%

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
Apr 6, 1995
Sold by
Cockett Monica K
Bought by
Gadarian Arsene and Gadarian Sara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,500
Interest Rate
8.81%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Maui Luakini Operating Llc -- Tg
Makekau Jeffery N -- --
Gadarian Arsene $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gadarian Arsene $168,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2018 06/07/18 Sold $989,000 -10.1% $795 / Sq Ft
04/19/2018 04/19/18 Pending -- -- --
04/02/2018 04/02/18 For Sale $1,100,000 0.0% $884 / Sq Ft
03/18/2018 03/18/18 Pending -- -- --
03/13/2018 03/13/18 For Sale $1,100,000 -- $884 / 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 $2,623 -- -- --
2024 $2,623 -- -- --
2023 $2,623 $1,074,200 $682,100 $392,100
2022 $2,378 $992,800 $636,700 $356,100
2021 $2,507 $908,000 $591,200 $316,800
2020 $5,216 $941,500 $618,500 $323,000
2019 $5,374 $959,600 $645,700 $313,900
2018 $2,070 $926,400 $527,300 $399,100
2017 $1,969 $0 $0 $0
2016 $1,787 $861,900 $494,300 $367,600
2015 -- $740,000 $510,800 $229,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 377824

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-6-008-015-0000