NOT LISTED FOR SALE

8037 Kula Hwy Kula, HI 96790

Estimated Value: $3,746,000 - $6,455,000

3 Beds
2.5 Baths
3,641 Sq Ft
$1,485/Sq Ft Est. Value

Last Sold December 07, 2015

Last sale price $3,000,000 $824 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $32,427/month

461 Days on Market

Highlights

  • 15.6 Acre Lot
  • Fireplace
  • Ceiling Fan
  • Mountain View
  • Solar Water Heater
  • 2 Car Garage

About This Home

As of December 2015

House and cottage situated on a private drive in Keokea. Over 15 acres of indigenous orchard land consisting of the most beautiful Koa & Ohia trees I have ever seen. The land is all usable with a horse paddock, additional citrus, pomegranate, and avocados trees. There are bi-coastal and Haleakala views from both homes. The main home is shaped in the popular "U" design with multiple sliding glass doors bringing the outside in. Clean lines in a contemporary style yet with the feel of old Hawai'i . Single level floor plan with a sunk-in-living room, vaulted ceilings, and large windows all around. Double sided Venetian plaster fireplace in the dining and great room, Italian porcelain tile, and a gracious kitchen, all created with entertaining in mind~ Simply exquisite.

Last Agent to Sell the Property

Kristina Renee Shugars

Compass-W License #RB-19606 Listed on: 06/04/2014

Last Buyer's Agent

Josh Jerman

Hawaii Life (W) License #RB-19728

Hawaii Life (W)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,408

Year Built

  • Built in 1984 | Remodeled

Lot Details

  • 15.6 Acre Lot
  • Fenced
  • Gentle Sloping Lot
  • Sprinkler System

Parking

  • 2 Car Garage

Interior Spaces

  • Ceiling Fan
  • Fireplace
  • Entryway
  • Mountain Views

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Solar Water Heater

Utilities

  • Underground Utilities
  • Cesspool
  • Phone Available
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,408

Year Built

Built in 1984 | Remodeled

Lot Details

0

Listing Details

  • Class: Residential
  • District: Kula/Ulupalakua/Kanaio
  • Other Features: Remodeled, Lawn Sprinkler, Wall/Fence, Entry
  • Type: Sf W/Det Ohana Or Cottage
  • View: Mountain/Ocean
  • Year Built House: 1984
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1984

Interior Features

  • Bathrooms: 2.5
  • Bedrooms: 3
  • Living Area Sq Ft: 3641
  • Ohana Bedrooms: 1
  • Ohana Bathrooms: 1
  • Ohana Living Area Sq Ft: 720

Exterior Features

  • Covered Lanai Deck Sq Ft House: 225
  • Ohana Included: Ceiling Fan, Fireplace, Dishwasher, Dryer, Range, Refrigerator, Solar Water Heating, Tv Cable, Washing MacHine
  • Ohana Uncovered Lanai Deck Sq Ft: 300
  • Ohana Year Built: 1984

Garage/Parking

  • Garage: Yes
  • Number of Car Spaces: 2
  • Ohana Garage: Yes
  • Ohana Garage Number Of Cars: 1

Utilities

  • Sewer: Cesspool
  • Ohana Sewer: Cesspool
  • Ohana Utilities To Site: County Water, Underground Electric, Tv Cable
  • Utilities To Site: County Water, Underground Electricity, Telephone

Lot Info

  • Land Acres: 15.597
  • Land Sq Ft: 679405
  • State Zoning: Rural
  • Topography: Gentle Slope

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2014
Closed on
Dec 1, 2015
Sold by
Damon Pia
Bought by
Hofman Mara and Ford Trust
Seller's Agent
Kristina Renee Shugars
Compass-W
Buyer's Agent
Josh Jerman
Hawaii Life (W)
List Price
$4,000,000
Sold Price
$3,000,000
Premium/Discount to List
-$1,000,000
-25%
Current Estimated Value
$5,408,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,408,602
Avg. Annual Appreciation
6.13%

Purchase Details

Closed on
Feb 13, 2012
Sold by
Spee Pia Damon
Bought by
Spee Pia Damon and Pia Damon Spee Revocable Living Trust

Purchase Details

Closed on
Jul 10, 2006
Sold by
Mccoy Dorothy C
Bought by
Spee Pia Damon and Pia Damon Revocable Living Trust

Purchase Details

Closed on
Feb 16, 2005
Sold by
Mccoy Arthur H
Bought by
Mccoy Arthur H and Mccoy Dorothy C

Purchase Details

Closed on
Apr 2, 2004
Sold by
Moore Rupert Donald and Moore Maybelle Aiko
Bought by
Mccoy Arthur H and Arthur H Mccoy Revocable Living Trust

Purchase Details

Closed on
Oct 28, 2002
Sold by
Makekau Stanley N B and Makekau Stanley
Bought by
Makekau Jeffery N
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
Hofman Mara $3,000 Fntic
Spee Pia Damon -- None Available
Spee Pia Damon $3,500,000 Tg
Mccoy Arthur H -- --
Mccoy Arthur H $2,592,000 --
Makekau Jeffery N -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2015 12/07/15 Sold $3,000,000 -25.0% $824 / Sq Ft
09/08/2015 09/08/15 Pending -- -- --
06/04/2014 06/04/14 For Sale $4,000,000 -- $1,099 / 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 $49,408 $5,735,900 $2,142,200 $3,593,700
2024 $49,408 $4,895,600 $1,499,500 $3,396,100
2023 $45,003 $5,392,200 $1,981,500 $3,410,700
2022 $28,868 $3,877,300 $771,200 $3,106,100
2021 $25,561 $3,620,800 $696,300 $2,924,500
2020 $25,163 $3,901,100 $910,500 $2,990,600
2019 $22,000 $3,703,700 $910,500 $2,793,200
2018 $20,006 $3,334,300 $910,500 $2,423,800
2017 $17,840 $0 $0 $0
2016 $16,481 $2,911,800 $803,400 $2,108,400
2015 -- $2,548,800 $1,178,200 $1,370,600
Source: Public Records

Agents Affiliated with this Home

  • Kristina Renee Shugars

    Seller's Agent in 2015

    Kristina Renee Shugars

    Compass-W

    (808) 281-3268

    4 in this area

    20 Total Sales

    Kristina Renee Shugars
    Section Image
  • Josh Jerman

    Buyer's Agent in 2015

    Josh Jerman

    Hawaii Life (W)

    (800) 677-5028

    15 in this area

    227 Total Sales

    Josh Jerman
    Section Image
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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 360887

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-2-016-023-0000

Hawaii Maui County Kula 96790

8037 Kula Hwy, Kula, HI

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