NOT LISTED FOR SALE

745 Alae Rd Kula, HI 96790

Estimated Value: $1,704,000 - $1,886,000

2 Beds
2 Baths
2,242 Sq Ft
$792/Sq Ft Est. Value

Sale Details

Date Sold: March 10, 2020

Last sale price $1,275,500 $569 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $9,751 / mo

6 Days on Market

Highlights

  • Spa
  • Mountain View
  • Home Office
  • 2 Acre Lot
  • Wood Flooring
  • Fireplace

About This Home

As of March 2020

‘Sitting on top of the world!' Turn a figure-of-speech into your new daily reality in this bespoke cedar home perched at 4,000 feet elevation in upcountry Maui. With open-beam construction, soaring ceilings, strong wooded accents, and a giant propane fireplace serving as the great room's centerpiece, the home feels a bit mountain lodge, balanced delicately in Hawaiiana. Better than any wide-screen, abundant oversized windows frame the dramatic panorama of bi-coastal Maui below. Wake to the dusty pink light of dawn, setting Mauna Kahalawai aglow and end the day with your living spaces bathed top to bottom in sunset's golden hour. Chilly Kula mornings are tamed by central heat—an expense, in turn, tamed by a photovoltaic system that completely offsets typical annual electric costs. Similarly, the covered, heated deck allows for cozy nighttime entertaining (or maybe just stargazing for two?). An oversized detached garage with ag office mingles with surrounding native landscaping on the property, two full acres dotted with cherished Hawaiian koa and ‘ohia, and fruiting trees.

Last Agent to Sell the Property

Mino McLean

Island Sotheby's International Realty(M) License #RB-21623 Listed on: 02/03/2020

Island Sotheby's International Realty(M)

Co-Listed By

Sam Utley

Island Sotheby's International Realty(M) License #RB-23179

Last Buyer's Agent

Rachel Phillips

Carol Ball & Assocs License #RB-18465

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • 2 Acre Lot
  • Irregular Lot

Parking

  • 2 Car Garage

Home Design

  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Double Stud Wall

Interior Spaces

  • 2,242 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Dining Room
  • Home Office
  • Mountain Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Septic Tank
  • Phone Available
  • Cable TV Available

Additional Features

  • Solar Water Heater
  • Spa
  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 2220090870000

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

2 Acres

Listing Details

  • Class: Residential
  • District: Kula/Ulupalakua/Kanaio
  • Other Features: Spa/Hot Tub
  • Perm To Adv Upcoming1: Yes
  • Perm To Adv Upcoming2: Yes
  • Total Exemption: 200000
  • Type: Single Family
  • View: Mountain/Ocean
  • Year Built House: 1997
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1997

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Additional Rooms: Den/Study, Dining Room, Laundry Room, Work Space
  • Bathrooms: 2
  • Bedrooms: 2
  • Included: Ceiling Fan(s), Compactor, Dishwasher, Disposal, Dryer, Fireplace, Microwave, Range, Refrigerator, Solar Water Heating, Tv Cable, Washing MacHine
  • Living Area Sq Ft: 2242
  • Price Per Sq Ft: 568.91
  • Total Living Sq Ft: 2242

Exterior Features

  • Construction Data: Double Wall, Wood Frame
  • Covered Lanai Deck Sq Ft House: 300
  • Design And Structure: 2 Story
  • Exterior Finish: Wood
  • Roofing: Asphalt/Comp Shingle
  • Substructure: Post And Pier
  • Uncovered Lanai Deck SqFt House: 647

Garage/Parking

  • Garage: Yes
  • Number of Car Spaces: 2
  • Garage Parking Sq Ft House: 624

Utilities

  • Central Air Conditioning: Yes
  • Heating: Central
  • Sewer: Septic Tank
  • Utilities To Site: County Water, County Water Meter Ins, Telephone, Tv Cable, Underground Electricity

Lot Info

  • Assessed Improvement Value: 557300
  • Assessed Land Value: 480100
  • County Zoning: Agricultural
  • General Land Class: Agricultural
  • Land Acres: 2.002
  • Land Recorded: Regular
  • Land Sq Ft: 87207
  • Topography: Irregular

Tax Info

  • Tax Database Id: 1
  • Taxes Per Month: 202.37
  • Assessor Parcel Number: 2220090870000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2020
Closed on
Mar 5, 2020
Sold by
Reed Thomas D and Mccorkle Judy A
Bought by
Gehring Peter M and The Peter M Gehring Trust
Seller's Agent
Mino McLean
Island Sotheby's International Realty(M)
Buyer's Agent
Rachel Phillips
Carol Ball & Assocs
List Price
$1,249,000
Sold Price
$1,275,500
Premium/Discount to List
$26,500
2.12%
Current Estimated Value
$1,774,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$499,200
Avg. Annual Appreciation
5.46%

Purchase Details

Closed on
Oct 28, 2002
Sold by
Makekau Stanley N B and Makekau Stanley
Bought by
Makekau Jeffery N

Purchase Details

Closed on
Feb 5, 2000
Sold by
Vajda Stephen G and Araki Shinko
Bought by
Reed Thomas D and Mccorkle Judy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
8.14%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Gehring Peter M $1,275,500 Fnt
Makekau Jeffery N -- --
Reed Thomas D $505,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Reed Thomas D $330,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2020 03/10/20 Sold $1,275,500 +2.1% $569 / Sq Ft
02/09/2020 02/09/20 Pending -- -- --
02/03/2020 02/03/20 For Sale $1,249,000 -- $557 / Sq Ft
Source: Maui MLS (REALTORS® Association of Maui)

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 $1,765 $1,432,700 $720,200 $712,500
2024 $1,765 $1,280,700 $600,200 $680,500
2023 $1,761 $1,226,600 $544,500 $682,100
2022 $1,865 $1,132,300 $512,000 $620,300
2021 $1,036 $1,057,400 $495,800 $561,600
2020 $2,184 $1,068,900 $495,800 $573,100
2019 $2,428 $1,037,400 $480,100 $557,300
2018 $2,540 $1,091,100 $486,900 $604,200
2017 $2,409 $0 $0 $0
2016 $2,173 $1,004,900 $448,100 $556,800
2015 $1,716 $957,200 $453,900 $503,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 385928

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-2-009-087-0000

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