640 Punakea Loop Unit Lot 10 Makila Ridge Lahaina, HI 96761
Estimated Value: $4,316,479 - $7,177,000
4
Beds
3
Baths
2,528
Sq Ft
$2,273/Sq Ft
Est. Value
Highlights
- Heated In Ground Pool
- Mountain View
- Lanai
- 31.11 Acre Lot
- Wood Flooring
- Furnished
About This Home
As of July 2014This brand-new 4 bedroom, 3 bath custom home is an art piece in itself. Enter through dramatic, hand-carved Teak front doors from Java. The living area takes your breath away with a 20-step pyramid Merbau wood ceiling with cove-lighting. High ceilings and open floor plan with pocketing doors to lead out to the entertaining areas. Bedroom doors are hand-carved and made of solid Teak with mother of pearl inlay details. Master bath features a stone tub, an onyx tile bath wall and an outdoor shower with a sculptured limestone pillar. The spa and lap pool curves under the outdoor decking so you can swim right up and step into the Master bath. Pocket glass sliding doors and an expansive covered lanai with Merbau decking, lets the tropical outdoors in. There is a teak sundeck to soak in the tropical Hawaiian sun, a private courtyard with a built-in dining palapa hut and an exotic antique Balinese gate. Enjoy rare views of historic the historic Lahaina harbor and anchorage. Sitting on over 31 acres of privacy in Makila Ridge, it’s the upcountry of West Maui. Ride your horses, ATVs, drive or hike to the edge of the property and overlook the Kauaula Valley and Stream. This is the main dwelling of a CPR’d property. Private roads, private dual water system, minutes to the beach. Sold fully furnished and turnkey move in ready!
Last Agent to Sell the Property
West Maui Land Company Inc License #RS-72684 Listed on: 04/04/2014
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,788
Year Built
- Built in 2014
Lot Details
- 31.11 Acre Lot
- Property fronts a private road
- Property fronts an easement
- Irregular Lot
- Sprinkler System
- Natural Drainage
- Zoning described as Agricultural
HOA Fees
- $200 Monthly HOA Fees
Parking
- 2 Car Garage
- Driveway
Home Design
- Slab Foundation
- Wood Frame Construction
- Shake Roof
- Double Stud Wall
Interior Spaces
- 2,528 Sq Ft Home
- 1-Story Property
- Furnished
- Ceiling Fan
- Chandelier
- Drapes & Rods
- Blinds
- Mountain Views
- Fire and Smoke Detector
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Stone
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
- Walk-in Shower
Laundry
- Dryer
- Washer
Outdoor Features
- Heated In Ground Pool
- Lanai
Schools
- King Kamehameha Iii Elementary School
- Lahaina Intermediate
- Lahainaluna High School
Utilities
- Central Air
- No Heating
- Underground Utilities
- Private Water Source
- Septic Tank
- Cable TV Available
Additional Features
- Roll-in Shower
- Solar Water Heater
Community Details
- Makila Ridge Subdivision
Listing and Financial Details
- Assessor Parcel Number 2470010530001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 8, 2023
Sold by
Poseley Donna Anne
Bought by
Donna Anne Poseley Revocable Trust
Total Days on Market
75
Current Estimated Value
Purchase Details
Closed on
Dec 20, 2021
Sold by
Poseley Donna Anne and Martin Peter Kline
Bought by
Poseley Donna Anne
Purchase Details
Closed on
Jun 30, 2017
Sold by
Limoli Julie Ernest and Limoli Dana Louise
Bought by
Poseley Douglas and Poseley Donna Anne
Purchase Details
Listed on
Apr 4, 2014
Closed on
Jul 14, 2014
Sold by
Poseley Douglas and Poseley Donna Anne
Bought by
Limoli Julie Ernest and Limoli Dana Louise
Seller's Agent
Ali Martin
West Maui Land Company Inc
Buyer's Agent
Ali Martin
West Maui Land Company Inc
List Price
$4,250,000
Sold Price
$3,800,000
Premium/Discount to List
-$450,000
-10.59%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.05%
Original Mortgage
$3,040,000
Interest Rate
4.1%
Mortgage Type
Seller Take Back
Similar Homes in Lahaina, HI
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Donna Anne Poseley Revocable Trust | -- | Accommodation/Courtesy Recordi | |
| Poseley Donna Anne | -- | Accommodation | |
| Poseley Douglas | -- | Or | |
| Poseley Douglas | -- | Or | |
| Limoli Julie Ernest | $3,800,000 | Or |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Poseley Donna Anne | $1,500,000 | |
| Previous Owner | Poseley Douglas | $500,000 | |
| Previous Owner | Limoli Julie Ernest | $3,040,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/17/2014 07/17/14 | Sold | $3,800,000 | -10.6% | $1,503 / Sq Ft |
| 06/19/2014 06/19/14 | Pending | -- | -- | -- |
| 04/04/2014 04/04/14 | For Sale | $4,250,000 | -- | $1,681 / Sq Ft |
Source: Maui MLS (REALTORS® Association of Maui)
Tax History Compared to Growth
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 | $7,874 | $6,389,500 | $4,309,200 | $2,080,300 |
| 2024 | $7,874 | $3,938,000 | $1,953,500 | $1,984,500 |
| 2023 | $7,427 | $3,855,100 | $1,867,300 | $1,987,800 |
| 2022 | $6,468 | $3,298,900 | $1,493,900 | $1,805,000 |
| 2021 | $8,332 | $3,414,700 | $1,723,700 | $1,691,000 |
| 2020 | $8,070 | $3,336,000 | $1,611,300 | $1,724,700 |
| 2019 | $8,613 | $3,170,100 | $1,477,000 | $1,693,100 |
| 2018 | $7,635 | $2,878,800 | $1,477,000 | $1,401,800 |
| 2017 | $8,011 | $0 | $0 | $0 |
| 2016 | $7,693 | $3,049,200 | $1,826,100 | $1,223,100 |
| 2015 | -- | $3,510,500 | $1,611,300 | $1,899,200 |
Source: Public Records
Agents Affiliated with this Home
-
Ali Martin
Seller's Agent in 2014
Ali Martin
West Maui Land Company Inc
(808) 877-4202
6 Total Sales
-
Debbie Arakaki
Seller Co-Listing Agent in 2014
Debbie Arakaki
Compass
(808) 283-7214
90 Total Sales
Map
Source: Maui MLS (REALTORS® Association of Maui)
MLS Number: 360164
APN: 2-4-7-001-053-0001
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