NOT LISTED FOR SALE

7 Polihua Place Unit 10D Lanai City, HI 96763

Estimated Value: $4,844,548 - $5,643,000

3 Beds
3.5 Baths
247,682 Sq Ft
$22/Sq Ft Est. Value

Last Sold December 29, 2016

Last sale price $3,250,000 $13 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $36,128/month

39 Days on Market

Highlights

  • Ocean View
  • Central Air
  • 2 Car Garage
  • Clubhouse

About This Home

As of December 2016

Unobstructed and amazing ocean views from nearly every room in this Fairway Terrace Condominium. This is Hawaii at its finest on the uncrowded and unspoiled Hawaiian Island of Lana'i - truly a one-of-a-kind retreat! Resort living where Owners can enjoy use of Four Seasons Hotel amenities & unlimited golf with Island Club Membership. Or experience secluded beaches, hiking, horseback riding, ATV touring, hunting and all Hawaiian water sports. One of the largest townhomes in Manele is being offered furnished and ready to occupy. Rarely available, this condo has open space to the West, where Palm trees frame the ocean view. A model unit, this luxury condo is appointed with high-end finishes & equipped kitchen (thermador, gas cooktop, dbl ovens, Bosch & sub-zero). Lots of room for family and friends on 1st level plus a large open 2nd floor space for more entertaining options. An open concept kitchen/living room open out to a large lanai for relaxing/reading, dining or just taking in the magnificent ocean view. One master suite is located on main level and another on 2nd floor with ocean views from your private balcony. A private, gated courtyard and 2 car garage complete the 3,385 sq ft unit. Contact your Realtor for more details on fees and benefits of Island Club Membership.

Last Agent to Sell the Property

Sherri Williams

Hawaii Life (L) License #RS-74127 Listed on: 10/25/2016

Last Buyer's Agent

Sherri Williams

Hawaii Life (L) License #RS-74127 Listed on: 10/25/2016

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $29,649

Year Built

  • Built in 2005

Lot Details

  • 6

HOA Fees

  • $210 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Ocean Views

Home Design

  • Semi-Detached or Twin Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3.5 Bathrooms

Utilities

  • Central Air
  • Private Water Source
  • Private Sewer
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Terraces Manele Bay Community

Amenities

  • Clubhouse

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$29,649

Year Built

Built in 2005

Lot Details

0

HOA Fees

$210 per month

Listing Details

  • Class: Condominium
  • District: Lanai
  • Other Features: Club House
  • Type: Condo
  • View: Ocean
  • Unit: 10D
  • Unit Configuration: Semi-Attached (2 Units In Building)
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Bathrooms: 3.5
  • Bedrooms: 3
  • Living Area Sq Ft: 3385
  • Floor Level: 2

Garage/Parking

  • Garage: Yes
  • Garage Number Of Cars: 2

Utilities

  • Central Air Conditioning: y
  • Sewer: Sewer Private
  • Utilities To Site: Private Water, Telephone, Tv Cable

Condo/Co-op/Association

  • Association Fees Frequency: Monthly
  • Association Fees: 210
  • Association Manager: Associa
  • Complex Name: Terraces Manele Bay
  • Monthly Maintenance Fee: 1869

Lot Info

  • County Zoning: Project District
  • Land Acres: 5.686
  • Land Sq Ft: 247682
  • State Zoning: Urban

Rental Info

  • Pets Allowed: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2016
Closed on
Dec 23, 2016
Sold by
Ranzetta Timothy J
Bought by
Orvis Pamela and The Orvis Family Alaska Trust
Seller's Agent
Sherri Williams
Hawaii Life (L)
Buyer's Agent
Sherri Williams
Hawaii Life (L)
List Price
$3,400,000
Sold Price
$3,250,000
Premium/Discount to List
-$150,000
-4.41%
Current Estimated Value
$6,108,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,858,860
Avg. Annual Appreciation
6.46%

Purchase Details

Closed on
Apr 27, 2007
Sold by
Castle & Cooke Resorts Llc
Bought by
Ranzetta Timothy J and Ranzetta Theresia Gouw
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
Orvis Pamela $3,250,000 Fntic
Ranzetta Timothy J $2,495,000 Tg
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2016 12/29/16 Sold $3,250,000 -4.4% $13 / Sq Ft
12/03/2016 12/03/16 Pending -- -- --
10/25/2016 10/25/16 For Sale $3,400,000 -- $14 / 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 $29,649 $3,526,300 $444,400 $3,081,900
2024 $29,649 $3,484,200 $418,200 $3,066,000
2023 $25,607 $3,469,600 $418,200 $3,051,400
2022 $19,385 $2,691,900 $405,200 $2,286,700
2021 $18,536 $2,742,600 $379,000 $2,363,600
2020 $23,118 $3,604,800 $379,000 $3,225,800
2019 $21,391 $3,390,000 $379,000 $3,011,000
2018 $22,136 $3,508,100 $339,800 $3,168,300
2017 $22,074 $0 $0 $0
2016 $153 $2,557,000 $313,700 $2,243,300
2015 $11,567 $2,667,500 $313,700 $2,353,800
2014 $11,567 $1,995,500 $300,600 $1,694,900
Source: Public Records

Agents Affiliated with this Home

  • Sherri Williams

    Seller's Agent in 2016

    Sherri Williams

    Hawaii Life (L)

    (415) 302-9894

    17 Total Sales

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 371359

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-9-022-015-0008

Hawaii Maui County Lanai City 96763

7 Polihua Place Unit 10D, Lanai City, HI

This home is located at 7 Polihua Place Unit 10D, Lanai City, HI 96763 since 25 October 2016 and is currently estimated at $5,395,137, approximately $21 per square foot. This property was built in 2005. 7 Polihua Place Unit 10D is a home located in Maui County with nearby schools including Lanai High & Elementary School.

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