NOT LISTED FOR SALE

849 Paeki'I Place Lahaina, HI 96761

Estimated Value: $1,738,000 - $3,140,000

2 Beds
1.5 Baths
1,568 Sq Ft
$1,510/Sq Ft Est. Value

Last Sold July 07, 2020

Last sale price $1,125,000 $717 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $13,200/month

145 Days on Market

Highlights

  • Property is near an ocean
  • Loft
  • Agricultural
  • Mountain View
  • Storage
  • Ceiling Fan

About This Home

As of July 2020

PEACEFUL ISLAND STYLE LIVING WITH PANORAMIC VIEWS. Bamboo and stone create a warm tropical impression with stunning, expansive, mountain and ocean views. Take in the gorgeous sunset scene from the large covered deck. Situated on over 13 acres in the Ukumehame Agricultural Subdivision, this unique home and island retreat offers unlimited potential for equestrian, agriculture and recreation living. Across the street from Punahoa Beach, a favorite for surfing, paddle boarding and the dynamic new sport of foiling. Perfectly located for an easy drive to Lahaina, Central and South Maui. This property features a wide variety of local trees including coconut, mango, plumeria, citrus and assorted palms. The potential is endless with plenty of room to expand and create your vision. Whether it's your forever home, agricultural farm or retreat. Make your dream your reality on this nearly 14 acres parcel.

Last Agent to Sell the Property

Kalei Fisher

Haleakala Realty, LLC License #RS-67628 Listed on: 11/18/2019

Co-Listed By

Shaun Pederson

Island Sotheby's International Realty(L) License #RS-75662

Last Buyer's Agent

Nelson Ferreira

Kaanapali Resort Realty LLC License #RB-15442

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,247

Year Built

  • Built in 2009

Lot Details

  • 13.28

HOA Fees

  • $137 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 1,568 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Loft
  • Storage
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1.5 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Utilities

  • Private Water Source
  • Septic Tank

Additional Features

  • Property is near an ocean
  • 13.28 Acre Lot
  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 2480021080000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,247

Year Built

Built in 2009

Lot Details

0

HOA Fees

$137 per month

Listing Details

  • Class: Residential
  • District: Olowalu
  • Other Features: Storage
  • Perm To Adv Upcoming1: Yes
  • Perm To Adv Upcoming2: Yes
  • Roads: Paved
  • Type: Single Family
  • View: Mountain/Ocean
  • Year Built House: 2009
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2009

Interior Features

  • Additional Rooms: Loft
  • Bathrooms: 1.5
  • Bedrooms: 2
  • Included: Auto Garage Door Opener, Ceiling Fan(s), Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Smoke/Heat Detector, Washing MacHine
  • Living Area Sq Ft: 1568
  • Price Per Sq Ft: 717.47
  • Total Living Sq Ft: 1568

Exterior Features

  • Construction Data: Wood Frame
  • Design And Structure: 2 Story
  • Exterior Finish: Wood
  • Waterfront: Across Street From Ocean

Garage/Parking

  • Garage: Yes
  • Number of Car Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Utilities To Site: Private Water

Condo/Co-op/Association

  • Association Fees Frequency: Monthly
  • Association Fees: 137
  • Other Monthly Fees: Association Fee

Lot Info

  • County Zoning: Agricultural
  • General Land Class: Agricultural
  • Land Acres: 13.28
  • Land Sq Ft: 578477

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 2480021080000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2019
Closed on
Jun 29, 2020
Sold by
Montessori Hale O Keiki Inc
Bought by
Morales Christopher Glenn and Ferreira Ashley Nicole
Seller's Agent
Kalei Fisher
Haleakala Realty, LLC
Buyer's Agent
Nelson Ferreira
Kaanapali Resort Realty LLC
List Price
$1,485,000
Sold Price
$1,125,000
Premium/Discount to List
-$360,000
-24.24%
Current Estimated Value
$2,367,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,242,620
Avg. Annual Appreciation
15.97%
Original Mortgage
$765,000
Outstanding Balance
$685,555
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$1,723,938

Purchase Details

Closed on
May 11, 2015
Sold by
Hagar Sammy R
Bought by
Montessori Hale Okeiki Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
3.67%
Mortgage Type
USDA

Purchase Details

Closed on
Oct 5, 2012
Sold by
Hagar Sammy R and Hagar Akri
Bought by
Hagar Sammy R and Sammy R Hagar Revocable Trust

Purchase Details

Closed on
Jun 12, 2007
Sold by
West Maui Investors Llc
Bought by
Hagar Sammy R and Hagar Kari
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
Morales Christopher Glenn $1,125,000 Fnt
Montessori Hale Okeiki Inc $1,490,000 Tg
Hagar Sammy R -- None Available
Hagar Sammy R $1,395,000 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morales Christopher Glenn $765,000
Closed Morales Christopher Glenn $200,000
Previous Owner Montessori Hale Okeiki Inc $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2020 07/07/20 Sold $1,125,000 -13.1% $717 / Sq Ft
04/11/2020 04/11/20 Pending -- -- --
02/07/2020 02/07/20 Price Changed $1,295,000 -12.8% $826 / Sq Ft
11/18/2019 11/18/19 For Sale $1,485,000 -- $947 / 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 $2,247 $2,004,000 $1,437,800 $566,200
2024 $2,247 $1,523,300 $983,800 $539,500
2023 $2,415 $1,523,600 $983,800 $539,800
2022 $2,415 $1,397,700 $908,100 $489,600
2021 $2,654 $1,289,400 $832,400 $457,000
2020 $7,831 $1,373,700 $908,100 $465,600
2019 $8,120 $1,360,000 $908,100 $451,900
2018 $7,634 $1,272,400 $794,600 $477,800
2017 $3,856 $0 $0 $0
2016 $3,588 $633,900 $190,100 $443,800
2015 $2,339 $649,800 $249,100 $400,700
2014 $2,339 $798,200 $435,800 $362,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 385052

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-8-002-108-0000