NOT LISTED FOR SALE

99 Hoolei Cir Unit E4 (99-4) Kihei, HI 96753

Estimated Value: $5,055,939 - $6,965,000

3 Beds
3.5 Baths
1,314,075 Sq Ft
30.17 Acres

Last Sold June 08, 2015

Last sale price $3,000,000 $2 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $36,265/month

324 Days on Market

Highlights

  • Ocean View
  • 30.17 Acre Lot
  • Security Guard
  • In Ground Pool
  • Home Gym
  • Central Air

About This Home

As of June 2015

Special properties like Ho'olei Villa 99-4 rarely become available. This iconic home is situated on the very top of the last resort-zoned development in Wailea, Ho'olei at Grand Wailea Resort. The view is spectacular - with panoramic ocean vistas looking out towards the Molokini crater and the island of Lanai. Designed by a prestigious interior design firm, this villa is both tasteful and comfortable. Custom wall colors and lighting on dimmers combine with the palate of the Snaidero cabinetry and thick granite counter tops perfectly. Two Sub Zero refrigerators, four freezers Wolf stainless steel appliances and grill add to the luxury feel of this contemporary kitchen. Thick dual-paned Fleetwood glass doors magically retract into the wall to reveal a allow access to the lanai. This indoor/outdoor living arrangement makes it perfect to enjoy your meals on the lanai with the soothing sounds of the ocean and breezes coming through the home. Ho'olei is a very special development, with options for daily rental coordinated by the Grand Wailea Resort. You and your guests will enjoy a unique experience with the benefits and amenities of the Grand Wailea Resort while staying in a beautiful residence. Don't miss out on this unique opportunity to own the perfect piece of paradise. Finely appointed and being offered fully furnished.

Last Agent to Sell the Property

Dano Sayles

Coldwell Banker Island Prop(S) License #RB-16779 Listed on: 06/02/2014

Coldwell Banker Island Prop(S)

Last Buyer's Agent

Elizabeth Starr

Lisa Starr Land Company License #RB-21555

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $78,904

Year Built

  • Built in 2008

Lot Details

  • 30.17

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • Home Gym
  • Ocean Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3.5 Bathrooms

Additional Features

  • In Ground Pool
  • Central Air

Community Details

  • Hoolei Community
  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$78,904

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Class: Condominium
  • District: Wailea/Makena
  • Other Features: Exercise Room, Security Guard
  • Type: Condo
  • View: Ocean
  • Unit: E4 (99-4)
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Bathrooms: 3.5
  • Bedrooms: 3
  • Living Area Sq Ft: 2619
  • Floor Level: 2

Exterior Features

  • Pool: Yes
  • Pool Type: In-Ground

Utilities

  • Central Air Conditioning: y
  • Sewer: Sewer County
  • Utilities To Site: County Water

Condo/Co-op/Association

  • Complex Name: Hoolei
  • Monthly Maintenance Fee: 1511.62

Lot Info

  • County Zoning: H-1 Hotel District
  • Land Acres: 30.167
  • Land Sq Ft: 1314075

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2014
Closed on
Jun 1, 2015
Sold by
Casa 4 Maui Llc
Bought by
Malik Keane Revocable Trust
Seller's Agent
Dano Sayles
Coldwell Banker Island Prop(S)
Buyer's Agent
Elizabeth Starr
Lisa Starr Land Company
List Price
$3,325,000
Sold Price
$3,000,000
Premium/Discount to List
-$325,000
-9.77%
Current Estimated Value
$5,599,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,599,985
Avg. Annual Appreciation
6.22%
Original Mortgage
$1,950,000
Outstanding Balance
$1,503,286
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,096,699

Purchase Details

Closed on
Nov 28, 2007
Sold by
Wailea Mf & 9 Associates Llc
Bought by
Casa 4 Maui Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,771,250
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
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
Malik Keane Revocable Trust $3,000,000 Tg
Casa 4 Maui Llc $3,695,000 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malik Keane Revocable Trust $1,950,000
Previous Owner Casa 4 Maui Llc $2,771,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2015 06/08/15 Sold $3,000,000 -9.8% $2 / Sq Ft
04/22/2015 04/22/15 Pending -- -- --
06/02/2014 06/02/14 For Sale $3,325,000 -- $3 / 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 $78,904 $5,855,600 $696,100 $5,159,500
2024 $78,904 $5,626,900 $696,100 $4,930,800
2023 $54,364 $4,587,700 $696,100 $3,891,600
2022 $42,858 $3,616,700 $221,100 $3,395,600
2021 $41,578 $3,721,900 $196,500 $3,525,400
2020 $38,485 $3,473,400 $196,500 $3,276,900
2019 $33,903 $3,153,800 $180,200 $2,973,600
2018 $27,258 $2,937,300 $163,800 $2,773,500
2017 $27,266 $0 $0 $0
2016 $25,033 $2,874,100 $156,000 $2,718,100
2015 $25,405 $2,816,400 $156,000 $2,660,400
2014 $25,405 $2,642,100 $141,000 $2,501,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 360845

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-1-008-119-0028