NOT LISTED FOR SALE

70 Wailau Place Lahaina, HI 96761

Estimated Value: $2,066,000 - $2,379,000

2 Beds
2 Baths
1,006 Sq Ft
$2,210/Sq Ft Est. Value

Last Sold January 06, 2023

Last sale price $2,100,000 $2,087 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $12,198/month

8 Days on Market

Highlights

  • Ocean View
  • 7.26 Acre Lot
  • Tile Flooring
  • In Ground Pool
  • Furnished
  • 1-Story Property

About This Home

As of January 2023

OFFERING SELLER FINANCING AT 4%!! Private and secluded oasis. This cottage sits on 2 acres, bordering the Launiupoko stream gulch for immense privacy. The home is not visible from the street as it is nestled down below with lots of beautiful greenery surrounding. A large living area for this size home with Granite counters, travertine floors, and imperial plaster finish on the walls that all add to the lovely feeling when you enter. The property has a solar heated pool, outdoor shower, yard space for pets, and a large garage with plenty of space for storage. Being sold furnished so you can move right in. Being sold as is. Launiupoko is just up the hill from a family friendly beach park and surf spot and is less than 10 minutes from Lahaina town. A park as well as walking and hiking trails add to this unique West Maui community. This home is not a drive by property! Easy to show. This home is a cpr'd parcel that allows the 1000sf home.

Last Agent to Sell the Property

Debbie Arakaki

Compass License #RB-20674 Listed on: 12/12/2022

Compass

Last Buyer's Agent

Fereshteh Nikbakhsh-Tali

Kaanapali Luxury Vacation Rentals License #RB-21182

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,208

Year Built

  • Built in 2005

Lot Details

  • 7.26 Acre Lot
  • Sprinkler System

HOA Fees

  • $183 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Wood Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 1,006 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Shelving
  • Ceiling Fan
  • Blinds
  • Dining Area
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool

Utilities

  • Central Air
  • Underground Utilities
  • Private Water Source
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • Mahanaluanui IV Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,208

Year Built

Built in 2005

Lot Details

0

HOA Fees

$183 per month

Listing Details

  • Class: Residential
  • District: Lahaina
  • Other Features: Lawn Sprinkler
  • Perm To Adv Upcoming1: Yes
  • Perm To Adv Upcoming2: Yes
  • Type: Single Family
  • View: Ocean
  • Year Built House: 2005
  • Geo Subdivision: HI
  • Tax Year Ending: 2021
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2005

Interior Features

  • Flooring: Carpet, Tile
  • Additional Rooms: Dining Area
  • Bathrooms: 2
  • Bedrooms: 2
  • Included: Blinds, Book Shelves, Ceiling Fan(s), Dishwasher, Disposal, Dryer, Furnished, Inventory, Kitchen Ware, Linens, Microwave, Range, Refrigerator, Smoke/Heat Detector, Washing MacHine
  • Living Area Sq Ft: 1006
  • Master Bedroom Ground Floor: Yes
  • Price Per Sq Ft: 2087.48
  • Total Living Sq Ft: 1006

Exterior Features

  • Construction Data: Wood Frame
  • Covered Lanai Deck Sq Ft House: 274
  • Design And Structure: 1 Story
  • Exterior Finish: Stucco
  • Pool: Yes
  • Pool Type: In-Ground
  • Roofing: Wood Shingles
  • Substructure: Concrete Slab

Garage/Parking

  • Garage: Yes
  • Number of Car Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Sewer: Septic Tank
  • Utilities To Site: Private Water, Telephone, Tv Cable, Underground Electricity

Condo/Co-op/Association

  • Association Fees Frequency: Monthly
  • Association Fees: 183
  • Residential Condo: Yes

Lot Info

  • County Zoning: Agricultural
  • Cpr Land Acres: 2.004
  • Cpr Land Sq Ft: 87294
  • Land Acres: 7.258
  • Land Sq Ft: 316158
  • Geo Address Line: 70 Wailau Pl
  • Geo Primary City: Lahaina
  • Geo Quality: 0.95
  • Geo Zoom Level: 16

Tax Info

  • Taxes Per Month: 467

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2023
Sold by
Fereshteh Nikbakhsh-Tali 2010 Trust
Bought by
Espinoza Living Trust and Espinoza
Current Estimated Value
$2,222,836

Purchase Details

Listed on
Dec 12, 2022
Closed on
Jan 2, 2023
Sold by
Jeffrey G Gold Separate Property Trust
Bought by
Fereshteh Nikbakhsh-Tali 2010 Trust and Espinoza Living Trust
Seller's Agent
Debbie Arakaki
Compass
Buyer's Agent
Fereshteh Nikbakhsh-Tali
Kaanapali Luxury Vacation Rentals
List Price
$2,400,000
Sold Price
$2,100,000
Premium/Discount to List
-$300,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.10%

Purchase Details

Closed on
Sep 10, 2008
Sold by
Gold Jeffrey G
Bought by
Gold Jeffrey G and The Jeffrey G Gold Separate Property Tr
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
Espinoza Living Trust -- None Listed On Document
Fereshteh Nikbakhsh-Tali 2010 Trust -- Fidelity National Title
Gold Jeffrey G -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2023 01/06/23 Sold $2,100,000 -12.5% $2,087 / Sq Ft
12/20/2022 12/20/22 Pending -- -- --
12/12/2022 12/12/22 For Sale $2,400,000 -- $2,386 / 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 $2,208 $1,880,100 $1,202,400 $677,700
2024 $2,208 $1,504,000 $856,700 $647,300
2023 $7,652 $1,225,200 $751,500 $473,700
2022 $6,312 $1,057,800 $626,300 $431,500
2021 $5,607 $1,006,100 $601,200 $404,900
2020 $5,664 $1,015,500 $601,200 $414,300
2019 $6,499 $1,030,000 $626,300 $403,700
2018 $7,018 $1,116,800 $676,400 $440,400
2017 $6,609 $0 $0 $0
2016 $579 $964,500 $551,100 $413,400
2015 $3,774 $1,011,500 $551,100 $460,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 397597

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-7-010-010-0001