NOT LISTED FOR SALE

85 Papapa Place Maunaloa, HI 96770

Estimated Value: $3,274,071 - $5,716,000

3 Beds
4.5 Baths
3,993 Sq Ft
$1,187/Sq Ft Est. Value

Last Sold May 23, 2018

Last sale price $3,000,000 $751 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $28,490/month

318 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • 3 Car Garage
  • Ocean View

About This Home

As of May 2018

This is the place for someone craving privacy and solitude. Located on direct beach front property, Molokai Sea Ranch is over 14,000 square feet under roof divided between four separate buildings. The estate has been built with the feel of a private resort for an extended family or a corporate retreat. Enjoy over 6 acres of property landscaped with native Hawaiian plants and the 5.8 acre nature reserve easement located between your land and 752 feet of wide, white sand beach. Papohaku Beach is one of the longest and widest sandy beaches in Hawaii, best of all it's usually empty. Built in 2006, the contemporary open floor plan and soaring ceilings fully embrace the panoramic ocean views. New Zealand hardwood floors are found throughout all buildings and carry through to the lanais, separated only from the interiors by large glass doors. The grounds also honor the surroundings through an understated lap pool with natural stone deck, two hot tubs and multiple outdoor showers. The main house has 5 bed/4.5 bath with barn and 3-car garage and the 3 bed/2 bath guest house with its own barn and 3-car garage. Three suites can be found in the main house, with private lanais and outdoor showers. Each outbuilding also has 1 bed/1 bath for further accommodations and has workshops/art studios within. This truly is a property that must be viewed to fully comprehend all it has to offer. Warm wood repeats itself in the kitchen as solid butcher block counters and is accented by stainless steel Kitchen Aid appliances. The house is comfortably furnished with rattan and teak furniture. This is truly island living at its best.

Last Agent to Sell the Property

Harry Devery

Hawaii Life (W) License #RB-19380 Listed on: 05/30/2017

Hawaii Life (W)

Co-Listed By

Mary Anne Fitch

Coldwell Banker Island Prop-KP License #RB-15747

Coldwell Banker Island Prop-KP

Last Buyer's Agent

Mary Anne Fitch

Coldwell Banker Island Prop-KP License #RB-15747

Coldwell Banker Island Prop-KP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,011

Year Built

  • Built in 2003

Lot Details

  • 6.17 Acre Lot
  • Beach Front

Parking

  • 3 Car Garage

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4.5 Bathrooms

Additional Features

  • Ocean Views
  • In Ground Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,011

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: Residential
  • District: Molokai
  • Type: Sf W/Det Ohana Or Cottage
  • View: Ocean
  • Year Built House: 2003
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2003

Interior Features

  • Bathrooms: 4.5
  • Bedrooms: 3
  • Living Area Sq Ft: 3993
  • Ohana Bedrooms: 3
  • Ohana Bathrooms: 1.5
  • Ohana Living Area Sq Ft: 1034

Exterior Features

  • Covered Lanai Deck Sq Ft House: 2259
  • Pool: Yes
  • Pool Type: In-Ground
  • Waterfront: Beachfront

Garage/Parking

  • Garage: Yes
  • Number of Car Spaces: 3

Lot Info

  • Land Acres: 6.168
  • Land Sq Ft: 268678

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2017
Closed on
May 9, 2018
Sold by
Ho Omaka Hou Llc
Bought by
Kreuning Gusbertus Anthonius Johannes
Seller's Agent
Harry Devery
Hawaii Life (W)
Buyer's Agent
Mary Anne Fitch
Coldwell Banker Island Prop-KP
List Price
$3,490,000
Sold Price
$3,000,000
Premium/Discount to List
-$490,000
-14.04%
Total Days on Market
318
Current Estimated Value
$4,739,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,739,018
Avg. Annual Appreciation
6.34%

Purchase Details

Closed on
Jul 5, 2006
Sold by
Ehringer Albert and Ehringer Ann Graham
Bought by
Hoomaka Hou Llc

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
6.46%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 1, 2005
Sold by
Hoomaka Hou Llc
Bought by
Ehringer Albert and Ehringer Ann Graham

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
Jun 25, 2001
Sold by
Brennan John Michael and Brennan Susan Renee
Bought by
Hoomaka Hou Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$694,000
Interest Rate
7.14%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kreuning Gusbertus Anthonius Johannes $3,000,000 None Available
Hoomaka Hou Llc $1,000 Accommodation
Ehringer Albert $1,000 Het
Makekau Jeffery N -- --
Hoomaka Hou Llc $1,072,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoomaka Hou Llc $1,800,000
Previous Owner Ehringer Albert $2,000,000
Previous Owner Hoomaka Hou Llc $694,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2018 05/23/18 Sold $3,000,000 -14.0% $751 / Sq Ft
04/13/2018 04/13/18 Pending -- -- --
05/30/2017 05/30/17 For Sale $3,490,000 -- $874 / 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 $32,011 $3,732,500 $967,100 $2,765,400
2024 $32,011 $3,652,900 $967,100 $2,685,800
2023 $27,159 $3,663,600 $967,100 $2,696,500
2022 $24,235 $3,298,100 $846,200 $2,451,900
2021 $21,097 $3,062,700 $769,400 $2,293,300
2020 $19,947 $3,145,200 $769,400 $2,375,800
2019 $20,015 $3,369,600 $710,200 $2,659,400
2018 $25,501 $2,748,000 $658,900 $2,089,100
2017 $19,310 $0 $0 $0
2016 $17,196 $2,605,400 $658,900 $1,946,500
2015 -- $2,186,100 $800,600 $1,385,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 374277

Maui MLS (REALTORS® Association of Maui)

APN: 2-5-1-007-055-0000