NOT LISTED FOR SALE

729 Alae Rd Unit B Kula, HI 96790

Estimated Value: $1,968,706 - $3,018,000

6 Beds
6 Baths
5,001 Sq Ft
$464/Sq Ft Est. Value

Last Sold March 10, 2016

Last sale price $1,000,000 $200 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $15,034/month

99 Days on Market

Highlights

  • 6.5 Acre Lot
  • Mountain View
  • Level Lot

About This Home

As of March 2016

Massive Top of the World Bi-Coastal Ocean Views and Incredible Value! This completely refurbished mountain retreat offers the most square footage for the money on island! Only $219.75/sq ft! Each floor features master suites with large en suite bathrooms and walk-in closets, guest suites and spacious third bedrooms! In addition each floor has a den/office, living room and family room- plenty of space to accommodate an extended family, or two? Nine-foot ceilings downstairs and vaulted ceilings upstairs make these over 5,000 square feet even more open and inviting! With a fresh coat of paint, new carpet and appliances, this property can't be beat! An open, beautiful green lawn is perfect for kids, pets and entertaining. Easy to show, call to set up an appointment today!

Last Agent to Sell the Property

Al Chiarella

Coldwell Banker Island Prop(P) License #RB-14684 Listed on: 09/08/2015

Coldwell Banker Island Prop(P)

Last Buyer's Agent

Al Chiarella

Coldwell Banker Island Prop(P) License #RB-14684 Listed on: 09/08/2015

Coldwell Banker Island Prop(P)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,433

Year Built

  • Built in 2000 | Remodeled

Lot Details

  • 6.5 Acre Lot
  • Property fronts a county road
  • Level Lot

Interior Spaces

  • Entryway
  • Mountain Views

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Utilities

  • Septic Tank
  • Phone Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,433

Year Built

Built in 2000 | Remodeled

Lot Details

0

Listing Details

  • Class: Residential
  • District: Kula/Ulupalakua/Kanaio
  • Other Features: Remodeled, Entry
  • Roads: County
  • Type: Single Family
  • View: Mountain/Ocean
  • Year Built House: 2000
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2000

Interior Features

  • Bathrooms: 6
  • Bedrooms: 6
  • Living Area Sq Ft: 5001

Exterior Features

  • Covered Lanai Deck Sq Ft House: 144
  • Uncovered Lanai Deck SqFt House: 1584

Utilities

  • Sewer: Septic Tank
  • Utilities To Site: County Water, County Water Meter Ins, Overhead Electricity, Telephone

Condo/Co-op/Association

  • Residential Condo: Yes

Lot Info

  • Cpr Land Acres: 2
  • Cpr Land Sq Ft: 87120
  • Land Acres: 6.502
  • Land Sq Ft: 283227
  • State Zoning: Agricultural
  • Topography: Level

Tax Info

  • Taxes Per Month: 598

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2015
Closed on
Mar 7, 2016
Sold by
Wagner Greg
Bought by
Massoumi Safoura
Seller's Agent
Al Chiarella
Coldwell Banker Island Prop(P)
Buyer's Agent
Al Chiarella
Coldwell Banker Island Prop(P)
List Price
$1,195,000
Sold Price
$1,000,000
Premium/Discount to List
-$195,000
-16.32%
Current Estimated Value
$2,599,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,599,722
Avg. Annual Appreciation
10.59%
Original Mortgage
$750,000
Outstanding Balance
$592,275
Interest Rate
3.25%
Mortgage Type
Commercial
Estimated Equity
$1,994,226

Purchase Details

Listed on
Nov 25, 2014
Closed on
Feb 27, 2015
Sold by
The Bank Of New York Mellon
Bought by
Wagner Greg
Seller's Agent
Josh Jerman
Hawaii Life (W)
Buyer's Agent
Josh Jerman
Hawaii Life (W)
List Price
$635,250
Sold Price
$635,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.71%

Purchase Details

Closed on
Sep 29, 2014
Sold by
Ohigashi Lee A
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Mar 1, 2006
Sold by
Cordoba Anne M
Bought by
Cordoba Anne M and Mccain Abrams Kelli Bryant

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
1.25%

Purchase Details

Closed on
Feb 27, 2006
Sold by
Lucas Jean Claude and Lucas Carole
Bought by
Cordoba Anne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
1.25%

Purchase Details

Closed on
Jan 27, 2004
Sold by
Hoekstra David A and Hoekstra Ursula C
Bought by
Lucas Jean Claude and Lucas Carole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$689,500
Interest Rate
4.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 23, 2001
Sold by
Hoekstra David A and Hoekstra Ursula C
Bought by
Hoekstra David A and Hoekstra Ursula C
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
Massoumi Safoura -- Fntic
Wagner Greg $635,250 Fntic
The Bank Of New York Mellon $990,000 None Available
Cordoba Anne M $325,000 Accommodation
Cordoba Anne M $1,300,000 None Available
Lucas Jean Claude $985,000 --
Hoekstra David A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Massoumi Safoura $750,000
Previous Owner Cordoba Anne M $975,000
Previous Owner Cordoba Anne M $975,000
Previous Owner Lucas Jean Claude $689,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2016 03/10/16 Sold $1,000,000 -16.3% $200 / Sq Ft
12/16/2015 12/16/15 Pending -- -- --
09/08/2015 09/08/15 For Sale $1,195,000 +88.1% $239 / Sq Ft
03/06/2015 03/06/15 Sold $635,250 0.0% $127 / Sq Ft
11/25/2014 11/25/14 Pending -- -- --
11/25/2014 11/25/14 For Sale $635,250 -- $127 / 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 $10,433 $1,701,700 $720,000 $981,700
2024 $10,433 $1,536,800 $600,000 $936,800
2023 $8,765 $1,483,000 $544,400 $938,600
2022 $8,765 $1,364,400 $511,900 $852,500
2021 $7,388 $1,300,500 $495,600 $804,900
2020 $7,486 $1,316,700 $495,600 $821,100
2019 $8,064 $1,278,000 $480,000 $798,000
2018 $8,705 $1,379,500 $486,800 $892,700
2017 $8,310 $0 $0 $0
2016 $762 $1,270,200 $448,000 $822,200
2015 $2,638 $1,196,500 $453,800 $742,700
Source: Public Records

Agents Affiliated with this Home

  • Al Chiarella

    Seller's Agent in 2016

    Al Chiarella

    Coldwell Banker Island Prop(P)

    (808) 276-7777

    5 in this area

    23 Total Sales

    Section Image
  • Josh Jerman

    Seller's Agent in 2015

    Josh Jerman

    Hawaii Life (W)

    (800) 677-5028

    16 in this area

    234 Total Sales

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 366327

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-2-009-002-0002

Hawaii Maui County Kula 96790

729 Alae Rd Unit B, Kula, HI

This home is located at 729 Alae Rd Unit B, Kula, HI 96790 since 08 September 2015 and is currently estimated at $2,319,427, approximately $463 per square foot. This property was built in 2000. 729 Alae Rd Unit B is a home located in Maui County with nearby schools including Kula Elementary School, Samuel Enoka Kalama Intermediate School, and King Kekaulike High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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