NOT LISTED FOR SALE

92 Ikena Kai Place Kula, HI 96790

Estimated Value: $2,264,286 - $2,588,000

3 Beds
2.5 Baths
1,000 Sq Ft
$2,425/Sq Ft Est. Value

Last Sold October 01, 2015

Last sale price $1,175,000 $1,175 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $14,137/month

92 Days on Market

Highlights

  • 5.6 Acre Lot
  • Mountain View
  • 2 Car Garage

About This Home

As of October 2015

Paradise found! Brand new fabulous cottage on almost 6 acres in Lower Kula in the pastoral setting of Omaopio Ridge gated subdivision. Huge wrap around covered decking to enjoy outdoor living and gorgeous views. In addition to upstairs living there is oversized 2 car plus garage currently used as super fun rec room. Some of the long list of features include: Bamboo floors, granite counter tops, stainless steel appliances, 1,500 SF TREX decking, water filtration & reverse osmosis system, vaulted ceilings w/fans & skylights, recessed LED lighting, 6 KW PV solar system, Hot Tub. Property is completely fenced w/solar operated gate. All rooms have fantastic views and easy access to the deck. In addition to the two full bathrooms, there is a WC in the recreation (garage) room and an outside shower on the deck close to the hot tub. At the highest point of the property the views include the south shore and this site is ideal for a future main house if so desired.

Last Agent to Sell the Property

John Papazian

Haiku Properties License #RB-08589 Listed on: 03/31/2015

Last Buyer's Agent

Beth Mcgregor

Hawaii Life (W) License #RS-75717

Hawaii Life (W)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,457

Year Built

  • Built in 2013

Lot Details

  • 5.6

Parking

  • 2 Car Garage

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Additional Features

  • Mountain Views
  • 5.6 Acre Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,457

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Class: Residential
  • District: Kula/Ulupalakua/Kanaio
  • Type: Single Family
  • View: Mountain/Ocean
  • Year Built House: 2013
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2013

Interior Features

  • Bathrooms: 2.5
  • Bedrooms: 3
  • Living Area Sq Ft: 1000

Exterior Features

  • Covered Lanai Deck Sq Ft House: 1100
  • Uncovered Lanai Deck SqFt House: 400

Garage/Parking

  • Garage: Yes
  • Number of Car Spaces: 2

Lot Info

  • Land Acres: 5.6
  • Land Sq Ft: 243936

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2015
Closed on
Sep 28, 2015
Sold by
Hunt Michael A and Hunt Tanya M
Bought by
Huston Morrison Coates and Dewey Huston Danielle Forbes
Seller's Agent
John Papazian
Haiku Properties
Buyer's Agent
Beth Mcgregor
Hawaii Life (W)
List Price
$1,295,000
Sold Price
$1,175,000
Premium/Discount to List
-$120,000
-9.27%
Current Estimated Value
$2,556,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,381,848
Avg. Annual Appreciation
6.88%
Original Mortgage
$940,000
Outstanding Balance
$747,889
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$1,521,244

Purchase Details

Closed on
Jun 10, 2011
Sold by
Esty Edward T and Esty Mary Lee
Bought by
Hunt Michael A and Hunt Tanya M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.63%
Mortgage Type
Seller Take Back
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
Huston Morrison Coates $1,175,000 Fidelity Natl Title & Escrow
Hunt Michael A $500,000 Fntic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huston Morrison Coates $940,000
Previous Owner Hunt Michael A $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2015 10/01/15 Sold $1,175,000 -9.3% $1,175 / Sq Ft
07/01/2015 07/01/15 Pending -- -- --
03/31/2015 03/31/15 For Sale $1,295,000 -- $1,295 / 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 $2,457 $1,766,100 $1,232,200 $533,900
2024 $2,457 $1,628,600 $1,120,200 $508,400
2023 $1,743 $1,432,700 $924,200 $508,500
2022 $1,743 $1,071,400 $610,500 $460,900
2021 $1,973 $1,017,900 $585,300 $432,600
2020 $2,074 $1,025,800 $585,300 $440,500
2019 $2,283 $987,400 $560,100 $427,300
2018 $2,442 $1,056,800 $644,100 $412,700
2017 $2,385 $0 $0 $0
2016 $6,341 $1,120,300 $755,900 $364,400
2015 -- $1,028,700 $604,700 $424,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    John Papazian

    Haiku Properties

    Section Image

  • B

    Buyer's Agent in 2015

    Beth Mcgregor

    Hawaii Life (W)

    (808) 250-8389

    1 Total Sale

    Section Image
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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 364540

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-3-003-239-0000

Hawaii Maui County Kula 96790

92 Ikena Kai Place, Kula, HI

This home is located at 92 Ikena Kai Place, Kula, HI 96790 since 31 March 2015 and is currently estimated at $2,425,072, approximately $2,425 per square foot. This property was built in 2013. 92 Ikena Kai Place is a home located in Maui County with nearby schools including Kula Elementary School, Samuel Enoka Kalama Intermediate School, and King Kekaulike High School.

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