NOT LISTED FOR SALE

Maili Cove 87-561 Farrington Hwy Unit 221 Waianae, HI 96792

Estimated Value: $464,000 - $533,347

1 Bed
1.5 Baths
873 Sq Ft
$788/mo HOA Fee

Last Sold November 05, 2020

Last sale price $400,000 $458 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,661/month

278 Days on Market

Highlights

  • Ocean Front
  • 130,724 Sq Ft lot
  • Card or Code Access
  • Heated Pool
  • Building Patio
  • Resident Manager or Management On Site

About This Home

As of November 2020

Priced $26,000 under appraised value! Your second chance to own a coveted corner unit 1 bed, 1.5 bath direct beachfront condo at the famous Maili Cove on Oahu. This unique beachfront condominium is low density with open walkways and stairs. With no elevators or enclosed lobby, you can safely social distance while enjoying paradise. This unit has an updated kitchen with quartz counters, newer appliances, tankless water heater, and in-unit washer/dryer combo. Tile flooring in entry, bathrooms, and kitchen with updated carpeting in the living and bedroom. Estate sale subject to court order, but you can move in now with early occupancy agreement. Sold strictly as-is, where-is with all furniture and items included but not reflected in the sales price. Previous owner passed away in the property.

Last Agent to Sell the Property

David Moyer

Hawaii Sands Realty License #RB-18853 Listed on: 01/02/2020

Co-Listed By

Jon Hines

Island Style Luxury LLC License #RS-76526

Last Buyer's Agent

Priscilla Walthouse

Coldwell Banker Realty License #RB-21578

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,109

Year Built

  • Built in 1975

Lot Details

  • 3

HOA Fees

  • $788 Monthly HOA Fees

Property Views

  • Ocean
  • Coastline

Home Design

  • Wood Frame Construction

Interior Spaces

  • 873 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Bedrooms and Bathrooms

  • 1 Bedroom

Parking

  • 1 Parking Space
  • Guest Parking
  • Open Parking
  • Assigned Parking

Schools

  • Maili Elementary School
  • Nanakuli Middle School
  • Nanakuli High School

Additional Features

  • Heated Pool
  • Ocean Front

Listing and Financial Details

  • Assessor Parcel Number 1-8-7-028-017-0040

Community Details

Overview

  • Association fees include cable TV, internet, sewer, water
  • Maili Cove Condos
  • Maili Subdivision

Amenities

  • Building Patio
  • Community Barbecue Grill
  • Community Deck or Porch
  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Resident Manager or Management On Site
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,109

Year Built

Built in 1975

Lot Details

0

HOA Fees

$788 per month

Listing Details

  • Architectural Style: Low Rise
  • Building Name: Maili Cove
  • Co List Office Mls Id: HSAN
  • Inclusions: AC Window Unit,Cable TV,Ceiling Fan,Dishwasher,Disposal,Dryer,Kitchenware,Linens,Microwave Hood,Range/Oven,Refrigerator,Smoke Detector,Washer
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1975
  • CommunityFeatures: Barbecue, Deck/Porch, Laundry Facilities, Patio, Pool
  • Road Frontage Type: Oceanfront, Waterfront
  • SecurityFeatures: Key Card Entry
  • Association Amenities: Management
  • Pets Allowed: Call
  • Co List Office Phone: (808) 664-3084
  • MLS Status: Closed
  • Subdivision Name: MAILI
  • Entry Level: 2
  • Unit Levels: Two
  • Living Area: 873.0
  • New Construction: No
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Ceramic Tile, Other
  • Furnished: Furnished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 2

Exterior Features

  • Construction Type: Double Wall, Masonry, Other, Concrete, Stucco, Wood Frame
  • Pool Features: Heated
  • Property Condition: Good Condition, Updated/Remodeled
  • View: Coastline, Mountain(s), Ocean, Sunset, Sunrise
  • View: Yes
  • Waterfront: Yes
  • Disclosures: Seller Disclosure, See Remarks

Garage/Parking

  • Parking Features: Assigned, Guest, One Space
  • Total Parking Spaces: 1.0
  • Open Parking: Yes

Condo/Co-op/Association

  • Association Fee: 788.0

Fee Information

  • Association Fee Includes: Cable TV, Internet, None, Sewer, Water

Schools

  • Elementary School: Maili
  • High School: Nanakuli
  • Middle Or Junior School: Nanakuli

Lot Info

  • Parcel Number: 1-8-7-028-017-0040
  • Zoning Description: 05 - R-5 Residential District

Multi Family

  • Maintenance Expense: 787.99

Tax Info

  • Tax Annual Amount: 1109.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2020
Closed on
Oct 30, 2020
Sold by
Silva Michael Anthony and Silva Alice Rigby
Bought by
Silva Michael A and Silva Alice Rigby
Seller's Agent
David Moyer
Hawaii Sands Realty
Buyer's Agent
Priscilla Walthouse
Coldwell Banker Realty
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%
Current Estimated Value
$499,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,337
Avg. Annual Appreciation
4.72%

Purchase Details

Closed on
Sep 21, 2004
Sold by
Baker Robert Theodore and Baker Sally Jean
Bought by
Thompson Donald Henrie
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
Silva Michael A -- Tg
Silva Michael Anthony $400,000 Tg
Silva Michael A -- Tg
Thompson Donald Henrie $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thompson Donald Henrie $100,000
Previous Owner Thompson Donald Henrie $100,000
Previous Owner Thompson Donald Henrie $250,000
Previous Owner Thompson Donald Henrie $165,000
Previous Owner Thompson Donald Henrie $221,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2020 11/05/20 Sold $400,000 -5.9% $458 / Sq Ft
10/06/2020 10/06/20 Pending -- -- --
01/02/2020 01/02/20 For Sale $425,000 -- $487 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

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 $1,879 $473,100 $181,800 $291,300
2024 $1,879 $536,800 $181,800 $355,000
2023 $1,931 $551,600 $181,800 $369,800
2022 $1,542 $440,600 $171,700 $268,900
2021 $1,628 $465,200 $161,600 $303,600
2020 $1,662 $474,900 $181,800 $293,100
2019 $1,048 $462,000 $210,100 $251,900
2018 $1,048 $444,500 $157,600 $286,900
2017 $959 $393,900 $131,300 $262,600
2016 $839 $359,700 $123,400 $236,300
2015 $776 $341,800 $120,800 $221,000
2014 $534 $264,900 $115,500 $149,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202000088

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-8-7-028-017-0040