NOT LISTED FOR SALE

7 Kaiau Place Unit 2 Kihei, HI 96753

Estimated Value: $232,000 - $565,000

1 Bed
1 Bath
21,780 Sq Ft
1976 Built

Last Sold April 13, 2022

Last sale price $67,500 $3 Per Sq Ft

Est. 587% increase in value since last sale

Current estimated payment $2,912/month

2 Days on Market

Highlights

  • 0.5 Acre Lot
  • 1-Story Property
  • Wood Siding
  • Garden View
  • Ceiling Fan
  • 3-minute walk to Cove Park

About This Home

As of April 2022

This is a LEASEHOLD PROPERTY and is being sold As Is. The lease expires on the last day of December 2035. LH rent is $1040 and the mo. maintenance fee is $337. At this time there is no discussion of the lease being renewed. The condo is tenant occupied to the same tenant for 12 years. Tenant has 2 days to make offer before any other offers will be considered. The information herein may contain inaccuracies and is provided without warranty or guaranty of any kind. Agents and buyers must independently verify any info they deem material or important to the purchase or any offered price there uinder. Sq. footage to be confirmed by an appraisal report.

Last Agent to Sell the Property

Sandra Albrecht

Hawaii Life (W) License #RB-16686 Listed on: 03/10/2022

Hawaii Life (W)

Last Buyer's Agent

Sandra Albrecht

Hawaii Life (W) License #RB-16686 Listed on: 03/10/2022

Hawaii Life (W)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,755

Year Built

  • Built in 1976

Lot Details

Parking

  • 1 Car Parking Space

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Asphalt Shingled Roof
  • Wood Siding
  • Double Stud Wall

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Garden Views

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Location

  • Flood Zone Lot

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • Low-Rise Condominium
  • Hale Mahialani Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,755

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Ada Enhanced Access: 1 Level
  • Class: Condominium
  • District: Kihei
  • Type: Condo
  • View: Garden View
  • Unit: 2
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Bathrooms: 1
  • Bedrooms: 1
  • Included: Ceiling Fan(s), Dishwasher, Disposal, Dryer, Range, Tv Cable, Washing MacHine
  • Living Area Sq Ft: 600
  • Price Per Sq Ft: 112.5
  • Floor Level: 1

Exterior Features

  • Construction Data: Double Wall
  • Design And Structure: Low-Rise 1-3 Stories
  • Exterior Finish: Wood
  • Roofing: Asphalt/Comp Shingle
  • Substructure: Concrete Slab

Garage/Parking

  • Uncovered Number Of Cars: 1

Utilities

  • Sewer: Sewer County
  • Utilities To Site: County Water, Overhead Electricity, Telephone

Condo/Co-op/Association

  • Association Fees Frequency: Monthly
  • Association Manager: self managed
  • Other Monthly Fees: Maintenance Fees
  • Complex Name: Hale Mahialani
  • Monthly Maintenance Fee: 337

Schools

  • Elementary School: Kihei Elementary
  • Middle School: Lokelani Intermediate
  • High School: Maui High

Lot Info

  • Assessed Improvement Value: 179900
  • Assessed Land Value: 126700
  • County Zoning: A-1 Apartment District
  • Flood Zone: Yes
  • General Land Class: Apartment
  • Land Acres: 0.5
  • Land Recorded: Land Court
  • Land Sq Ft: 21780
  • State Zoning: Urban

Rental Info

  • Second Till Year: 2035
  • Current Month Lease Rent: 957
  • Next Till Year: 2031
  • Till Year: 2026

Tax Info

  • Taxes Per Month: 139.25

Range of Values:

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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

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2022 04/13/22 Sold $67,500 -10.0% $3 / Sq Ft
03/12/2022 03/12/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $75,000 -- $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 $5,755 $531,000 $158,300 $372,700
2024 $5,755 $460,400 $150,000 $310,400
2023 $4,257 $359,200 $150,000 $209,200
2022 $3,655 $308,400 $126,700 $181,700
2021 $1,671 $306,600 $126,700 $179,900
2020 $1,560 $286,300 $133,300 $153,000
2019 $1,736 $275,100 $120,000 $155,100
2018 $1,339 $212,200 $120,000 $92,200
2017 $1,296 $0 $0 $0
2016 $119 $198,500 $120,000 $78,500
2015 $910 $165,400 $120,000 $45,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 395054

Maui MLS (REALTORS® Association of Maui)

APN: 2-3-9-005-021-0002