NOT LISTED FOR SALE

7 Kaiau Place Unit 5 Kihei, HI 96753

Estimated Value: $233,000 - $570,000

1 Bed
1 Bath
21,780 Sq Ft
1976 Built

Last Sold August 04, 2021

Last sale price $95,000 $4 Per Sq Ft

Est. 384% increase in value since last sale

Current estimated payment $2,437/month

5 Days on Market

Highlights

  • Ocean View
  • Wood Siding
  • 3-minute walk to Cove Park
  • 0.5 Acre Lot
  • Vinyl Flooring

About This Home

As of August 2021

This is a LEASEHOLD PROPERTY and is being Sold As Is. The lease expires in December 2035. LH Rent is $1041.67mo. + $337 Mo. Maintenance Fee. At this time there are no discussions of the lease being renewed. There is one parking space for this condo. Enjoy the benefits of being one block from Charley Young Beach. 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 under. Square footage to be confirmed by an appraisal report. 14 years remaining on the lease, cash only offers accepted.

Last Agent to Sell the Property

Sandra Albrecht

Hawaii Life (W) License #RB-16686 Listed on: 06/23/2021

Hawaii Life (W)

Last Buyer's Agent

Sandra Albrecht

Hawaii Life (W) License #RB-16686 Listed on: 06/23/2021

Hawaii Life (W)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $300

Year Built

  • Built in 1976

Lot Details

Parking

  • 1 Car Parking Space

Home Design

  • Entry on the 2nd floor
  • Slab Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Double Stud Wall

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Phone Available
  • Cable TV Available

Additional Features

  • Ocean Views
  • Range
  • Vinyl Flooring
  • Washer
  • Flood Zone Lot

Community Details

  • Low-Rise Condominium
  • Hale Mahialani Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$300

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Condominium
  • District: Kihei
  • Type: Condo
  • View: Ocean
  • Unit: 5
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Vinyl
  • Bathrooms: 1
  • Bedrooms: 1
  • Included: Range, Refrigerator, Tv Cable, Washing MacHine
  • Living Area Sq Ft: 575
  • Price Per Sq Ft: 165.22
  • Floor Level: 2

Exterior Features

  • Construction Data: Double Wall, Wood Frame
  • 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, Tv Cable

Condo/Co-op/Association

  • Association Manager: self managed
  • Other Monthly Fees: Maintenance Fees, Lease Rent
  • 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: 191200
  • Assessed Land Value: 133300
  • County Zoning: A-1 Apartment District
  • Flood Zone: Yes
  • General Land Class: Apartment
  • Land Acres: 0.5
  • Land Recorded: Regular
  • Land Sq Ft: 21780
  • State Zoning: Urban

Rental Info

  • Second Till Year: 2031
  • Current Month Lease Rent: 1040
  • Next Till Year: 2026

Tax Info

  • Taxes Per Month: 147.42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Aug 4, 2021
Sold by
Ronald Stave John
Bought by
Hickman Troy J and Lewis Nigel
Seller's Agent
Sandra Albrecht
Hawaii Life (W)
Buyer's Agent
Sandra Albrecht
Hawaii Life (W)
List Price
$95,000
Sold Price
$95,000
Current Estimated Value
$459,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$364,843
Avg. Annual Appreciation
45.18%
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
Hickman Troy J -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2021 08/04/21 Sold $95,000 0.0% $4 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $95,000 -- $4 / 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 $300 $532,200 $158,300 $373,900
2024 $300 $465,300 $150,000 $315,300
2023 $300 $364,200 $150,000 $214,200
2022 $3,743 $315,900 $126,700 $189,200
2021 $1,732 $317,800 $126,700 $191,100
2020 $1,769 $324,500 $133,300 $191,200
2019 $1,582 $250,700 $120,000 $130,700
2018 $1,285 $203,600 $120,000 $83,600
2017 $1,261 $0 $0 $0
2016 $126 $210,500 $120,000 $90,500
2015 $912 $171,300 $120,000 $51,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 392091

Maui MLS (REALTORS® Association of Maui)

APN: 2-3-9-005-021-0005