NOT LISTED FOR SALE

989 S Kihei Rd Kihei, HI 96753

Estimated Value: $2,002,000 - $2,561,000

7 Beds
6 Baths
5,673 Sq Ft
$392/Sq Ft Est. Value

Last Sold July 24, 2020

Last sale price $1,306,000 $230 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $12,921/month

174 Days on Market

Highlights

  • Wood Flooring
  • Furnished
  • Dining Area
  • Main Floor Primary Bedroom
  • Ceiling Fan
  • 4-minute walk to Waipuilani Park

About This Home

As of July 2020

Attention Investors! Unique Opportunity! The possibilities are endless for this great Kihei home with over 10K per month in long term rental potential! Large Kihei home with separate ohana and plenty of parking. Large, leased Photovoltaic Panel system means low electric bills. Home is currently configured as multiple units, but also easily converted back to single family, so bring your imagination and consider the possibilities. Large upper and lower units with five other smaller units in main house area plus a great 2 bedroom 1.5 bath ohana with separate private driveway. Off street parking provided for each tenant. Convenient location across the street from the ocean and close to everything in Kihei. Property Information may not correspond to public records and buyer/buyers agent to confirm all information. This is a unique opportunity, so don’t hesitate

Last Agent to Sell the Property

Dale Richardson

Hawaii Life (W) License #RB-20855 Listed on: 07/12/2019

Hawaii Life (W)

Co-Listed By

Gigi King

Hawaii Life (W) License #RS-73974

Last Buyer's Agent

Greg Smith

Greg Smith Broker Inc License #RB-19589

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,683

Year Built

  • Built in 1987

Lot Details

  • 0.3 Acre Lot
  • Level Lot

Parking

  • 1 Carport Space

Home Design

  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 5,673 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Dining Area

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • 6 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2390220200000

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,683

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Class: Residential
  • District: Kihei
  • Perm To Adv Upcoming1: Yes
  • Perm To Adv Upcoming2: Yes
  • Roads: Paved
  • Total Exemption: 200000
  • Type: Sf W/Det Ohana Or Cottage
  • Year Built House: 1987
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1987

Interior Features

  • Flooring: Carpet, Laminate, Tile, Vinyl, Wood
  • Additional Rooms: Dining Area
  • Bathrooms: 6
  • Bedrooms: 7
  • Included: Ceiling Fan(s), Dishwasher, Disposal, Dryer, Furnished, Kitchen Ware, Microwave, Range, Refrigerator, Tv Cable, Washing MacHine
  • Living Area Sq Ft: 5073
  • Master Bedroom Ground Floor: Yes
  • Ohana Bedrooms: 2
  • Ohana Bathrooms: 1.5
  • Ohana Flooring: Vinyl
  • Ohana Living Area Sq Ft: 600
  • Price Per Sq Ft: 230.21
  • Total Living Sq Ft: 5673

Exterior Features

  • Construction Data: Wood Frame
  • Design And Structure: 2 Story
  • Exterior Finish: Wood
  • Ohana Design: 1 Story
  • Ohana Exterior Finish: Wood
  • Ohana Roofing: Asphalt/Comp Shingle
  • Ohana Sub Structures: Post And Pier
  • Ohana Year Built: 1988
  • Roofing: Asphalt/Comp Shingle
  • Substructure: Post And Pier

Garage/Parking

  • Carport: Yes
  • Carport Number Of Cars House: 1
  • Ohana Carport: Yes
  • Ohana Carport Number Of Cars: 1

Utilities

  • Sewer: Sewer County
  • Ohana Sewer: Sewer County
  • Ohana Utilities To Site: Overhead Electricity
  • Utilities To Site: County Water, Overhead Electricity

Lot Info

  • Assessed Improvement Value: 676000
  • Assessed Land Value: 388300
  • County Zoning: R-2 Residential
  • Land Acres: 0.3028
  • Land Sq Ft: 13190
  • State Zoning: Urban
  • Topography: Level

Tax Info

  • Tax Database Id: 1
  • Taxes Per Month: 205.25
  • Assessor Parcel Number: 2390220200000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2019
Closed on
Jul 20, 2020
Sold by
Shadian Manor and Shadian Geraldine
Bought by
Hart Michael Evan and Hart Kara Michelle
Seller's Agent
Dale Richardson
Hawaii Life (W)
Buyer's Agent
Greg Smith
Greg Smith Broker Inc
List Price
$1,599,000
Sold Price
$1,306,000
Premium/Discount to List
-$293,000
-18.32%
Current Estimated Value
$2,222,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$916,032
Avg. Annual Appreciation
10.72%
Original Mortgage
$979,500
Outstanding Balance
$870,167
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$1,351,865

Purchase Details

Closed on
Nov 8, 2005
Sold by
Shadian Manor and Shadian Geraldine
Bought by
Shadian Manor and Shadian Geraldine

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 23, 1994
Sold by
Shadian Manor and Shadian Geraldine
Bought by
Shadian Manor and Shadian Geraldine
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
Hart Michael Evan $1,306,000 Fnt
Shadian Manor -- Accommodation
Shadian Manor -- --
Makekau Jeffery N -- --
Shadian Manor -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hart Michael Evan $979,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2020 07/24/20 Sold $1,306,000 -18.3% $230 / Sq Ft
04/03/2020 04/03/20 For Sale $1,599,000 0.0% $282 / Sq Ft
01/02/2020 01/02/20 Pending -- -- --
12/03/2019 12/03/19 Price Changed $1,599,000 -3.1% $282 / Sq Ft
08/05/2019 08/05/19 Price Changed $1,650,000 +10.1% $291 / Sq Ft
07/12/2019 07/12/19 For Sale $1,499,000 -- $264 / 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 $13,683 $2,052,200 $946,500 $1,105,700
2024 $13,683 $1,919,200 $861,600 $1,057,600
2023 $9,350 $1,776,300 $716,000 $1,060,300
2022 $9,350 $1,437,500 $485,400 $952,100
2021 $6,886 $1,217,500 $424,700 $792,800
2020 $2,076 $1,026,500 $424,700 $601,800
2019 $2,351 $1,010,800 $424,700 $586,100
2018 $2,463 $1,064,300 $388,300 $676,000
2017 $2,443 $0 $0 $0
2016 $1,938 $917,700 $291,200 $626,500
2015 $1,062 $859,000 $291,200 $567,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 383529

Maui MLS (REALTORS® Association of Maui)

APN: 2-3-9-022-020-0000