NOT LISTED FOR SALE

Estimated Value: $954,438 - $1,288,000

2 Beds
2 Baths
99,752 Sq Ft
2.29 Acres

Last Sold May 12, 2021

Last sale price $700,000 $7 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $7,232/month

33 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • 2.29 Acre Lot

About This Home

As of May 2021

Location location location...Unobstructed oceanfront view for sunset, whale and turtle watching, boats coming in and out of the harbor. Top floor center unit with a loft fully furnished currently being used as a long term rental. Current lease expires 2/28/21 and tenant is paying $2,700 per month. Buyer may need to give notice to tenants to move upon close of sale or keep great tenant, due to covid moratorium. Large oceanfront pool and barbecue are on meticulously maintained seashore grass lawn. Perfect for long term rental or vacation rental. Or make this your second home or primary residence and wake and to this ocean view everyday. Owner holds active real estate license in Iowa. Parking #22. Seller participated in 1031 exchange at not cost or delay to buyer. Unit sold As-Is. Selller to participate in 1031 Exchange at no cost or delay to buyer. Seller to participate in 1031 Exchange at no cost of delay to buyers.

Last Agent to Sell the Property

Valkyrie Smith

AA Oceanfront Rentals & Sales License #RB-21146 Listed on: 02/05/2021

Last Buyer's Agent

Sara Fox

Keller Williams Realty Maui-Ki License #RS-76518

Keller Williams Realty Maui-Ki

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,902

Year Built

  • Built in 1974

Lot Details

  • 2.29

Parking

  • 1 Car Parking Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • In Ground Pool
  • Ocean Front

Community Details

  • Maalaea Kai Community

Listing and Financial Details

  • Short Term Rentals Allowed
  • Assessor Parcel Number 2380140210071

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,902

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: Condominium
  • District: Maalaea
  • Type: Condo
  • View: Ocean
  • Unit: 412
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Year Built: 1974
  • Year Renovated: 2005
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Bathrooms: 2
  • Bedrooms: 2
  • Living Area Sq Ft: 778
  • Price Per Sq Ft: 899.74
  • Floor Level: 4

Exterior Features

  • Pool: Yes
  • Waterfront: Oceanfront
  • Pool Type: In-Ground
  • Uncovered Lanai Deck Sq Ft: 113

Garage/Parking

  • Uncovered Number Of Cars: 1

Condo/Co-op/Association

  • Association Manager: Hawaiiana
  • Complex Name: Maalaea Kai
  • Monthly Maintenance Fee: 625

Schools

  • Elementary School: Wailuku Elementary
  • Middle School: Iao Intermediate
  • High School: Henry Perrine Baldwin High

Lot Info

  • Land Acres: 2.29
  • Land Sq Ft: 99752

Rental Info

  • Short Term Rental Allowed: Yes

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 2380140210071

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2021
Closed on
May 1, 2021
Sold by
Smith Steven Russell and Smith Marilyn Kay
Bought by
Cagley Michael James and Cagley Jonnie Jo
Seller's Agent
Valkyrie Smith
AA Oceanfront Rentals & Sales
Buyer's Agent
Sara Fox
Keller Williams Realty Maui-Ki
List Price
$745,000
Sold Price
$700,000
Premium/Discount to List
-$45,000
-6.04%
Total Days on Market
33
Current Estimated Value
$1,114,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$414,860
Avg. Annual Appreciation
10.92%
Original Mortgage
$420,000
Outstanding Balance
$383,845
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$695,516
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
Cagley Michael James $700,000 Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cagley Michael James $420,000
Closed Cagley Michael James $420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2021 05/12/21 Sold $700,000 -3.4% $7 / Sq Ft
03/10/2021 03/10/21 Pending -- -- --
03/07/2021 03/07/21 Price Changed $725,000 -2.7% $7 / Sq Ft
02/05/2021 02/05/21 For Sale $745,000 -- $7 / 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 $12,902 $1,130,100 $259,400 $870,700
2024 $12,902 $1,029,800 $259,400 $770,400
2023 $8,149 $932,500 $259,400 $673,100
2022 $8,149 $687,700 $130,500 $557,200
2021 $3,644 $668,700 $118,700 $550,000
2020 $3,112 $571,000 $118,700 $452,300
2019 $3,459 $548,200 $107,900 $440,300
2018 $3,171 $502,500 $98,100 $404,400
2017 $3,242 $0 $0 $0
2016 $321 $534,500 $93,200 $441,300
2015 $2,596 $490,900 $93,200 $397,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 390259

Maui MLS (REALTORS® Association of Maui)

APN: 2-3-8-014-021-0071