NOT LISTED FOR SALE

99 Lau Niu Way Lahaina, HI 96761

Estimated Value: $2,209,400

2 Beds
2 Baths
968 Sq Ft
$2,282/Sq Ft Est. Value

Last Sold August 26, 2014

Last sale price $1,350,000 $1,395 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $11,950/month

200 Days on Market

Highlights

  • Property is near an ocean
  • Mountain View
  • Lanai
  • 1.32 Acre Lot
  • Wood Flooring
  • Furnished

About This Home

As of August 2014

Big Ocean views from this amazing private location in Launiupoko. Spacious floor plan makes great use of Maui's indoor/outdoor lifestyle. Home is centered around the single level entertaining and living area that opens up to the covered lanais and out onto the perfect site for an infinity pool and beyond to the huge ocean and outer island views. Great for formal entertaining & everyday casual life. 2 water meters for the exclusive use of this house. Tucked away and privately secluded off of a cul-de-sac, down a flag lot towards the ocean on one of the best prime 1.32 acre lots in Lahaina. Framed by the backdrop of the stunningly spectacular West Maui Mountains. No homes between this property and the sea. Exotic island woods and lighting showcase this vacation home. Only minutes to the beach for paddle-boarding, whale watching, snorkeling and surfing and from there, a 5-minute drive to historic Lahaina town for an amazing variety of dining and entertainment. A rare perfect property.

Last Agent to Sell the Property

Leah Damon

Island Sotheby's Int'l Rlty(M) License #RB-18265 Listed on: 12/24/2013

Island Sotheby's Int'l Rlty(M)

Last Buyer's Agent

Tonia Gebers

Maui No Ka Oi Properties License #RB-18768

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,744

Year Built

  • Built in 2007 | Remodeled

Lot Details

  • 1.32 Acre Lot
  • Property fronts a private road
  • Property fronts a state road
  • Gentle Sloping Lot
  • Sprinkler System

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Double Stud Wall

Interior Spaces

  • 968 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Chandelier
  • Drapes & Rods
  • Wood Flooring
  • Mountain Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Ramps
  • Minimal Steps

Eco-Friendly Details

  • Solar Water Heater

Outdoor Features

  • Property is near an ocean
  • Lanai

Schools

  • King Kamehameha Iii Elementary School
  • Lahaina Intermediate
  • Lahainaluna High School

Utilities

  • Central Air
  • No Heating
  • Underground Utilities
  • Private Water Source
  • Septic Tank
  • Cable TV Available

Community Details

  • Launiupoko Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2470100800002

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,744

Year Built

Built in 2007 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • View: Mountain/Ocean
  • Year Built: 2007
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • LotFeatures: Electricity Easement, Water Easement, Telephone Easement, Driveway Easement, Other Easement
  • Road Frontage Type: County Road, State Road, Private Road
  • Road Surface Type: Paved, Concrete
  • SecurityFeatures: Security System, Smoke/Heat Detector
  • Subdivision Name: Launiupoko
  • Accessibility Features: 1 Level, Minimal Steps, Ramp
  • Fireplace: No
  • Garage Yn: Yes
  • Interior Features: Ceiling Fan(s), Chandelier/Swag Lamp, Furnished, Inventory, Kitchen Ware, Linens, TV Cable, Remodeled
  • Unit Levels: One
  • LivingArea: 968
  • Roof: Asphalt/Comp Shingle
  • WindowFeatures: Drapes
  • Tax Year: 2014
  • Financial Info Electric: Underground
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Solar Hot Water, Washer
  • Total Bedrooms: 2
  • Master Bedroom Master Bedroom Level: Ground

Exterior Features

  • Acres: 1.32
  • View: Yes
  • Waterfront Features: Across Street from Ocean
  • Waterfront: No
  • Disclosures: Property Disc Statement
  • Home Warranty: No
  • Construction Type: Wood, Double Wall, Wood Frame
  • Exterior Features: Lawn Sprinkler
  • Foundation Details: Concrete Slab
  • Patio And Porch Features: Covered Lanai/Deck

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage, Garage Door Opener

Utilities

  • Heating: Solar Water Heating
  • Sewer: Septic Tank
  • Cooling: Central Air
  • HeatingYN: No
  • Utilities: Phone Connected, Cable Connected
  • Water Source: Private

Schools

  • Elementary School: King Kamehameha III Elementary
  • High School: Lahainaluna High
  • Middle Or Junior School: Lahaina Intermediate

Lot Info

  • Topography: Gentle Slope
  • Lot Size Sq Ft: 57499
  • ResoLotSizeUnits: Acres
  • Parcel #: 2470100800002
  • ResoLotSizeUnits: Acres

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 4743.72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2021
Sold by
Varsames Susan and Varsames Kristen Ann
Bought by
Varsames Susan and Varsames Kristen Ann
Current Estimated Value
$2,209,400

Purchase Details

Listed on
Dec 24, 2013
Closed on
Aug 20, 2014
Sold by
Lofton Craig
Bought by
Varsames Susan
Seller's Agent
Leah Damon
Island Sotheby's Int'l Rlty(M)
Buyer's Agent
Tonia Gebers
Maui No Ka Oi Properties
List Price
$1,575,000
Sold Price
$1,350,000
Premium/Discount to List
-$225,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.53%
Original Mortgage
$300,000
Outstanding Balance
$228,835
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,980,565
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
Varsames Susan -- None Available
Varsames Susan -- None Available
Varsames Susan $1,350,000 Fntic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varsames Susan $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2014 08/26/14 Sold $1,350,000 -14.3% $1,395 / Sq Ft
07/13/2014 07/13/14 Pending -- -- --
12/24/2013 12/24/13 For Sale $1,575,000 -- $1,627 / 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 $2,278 $1,984,300 $1,471,000 $513,300
2024 $2,278 $1,538,900 $1,048,100 $490,800
2023 $2,124 $1,412,100 $919,400 $492,700
2022 $2,030 $1,214,500 $766,200 $448,300
2021 $2,117 $1,075,300 $656,500 $418,800
2020 $2,225 $1,084,600 $656,500 $428,100
2019 $2,610 $1,099,900 $683,800 $416,100
2018 $2,863 $1,204,400 $738,500 $465,900
2017 $2,493 $0 $0 $0
2016 $587 $979,100 $601,800 $377,300
2015 $3,818 $923,100 $646,100 $277,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 358869

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-7-010-080-0002