NOT LISTED FOR SALE

Estimated Value: $5,094,000 - $7,880,870

3 Beds
3 Baths
467,834 Sq Ft
10.74 Acres

Last Sold August 10, 2023

Last sale price $8,600,000 $18 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $43,698/month

40 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Clubhouse
  • Ocean View
  • 10.74 Acre Lot
  • Home Gym

About This Home

As of August 2023

Modern Meets Hawaiian...Wailea Beach Villas 412 is without exaggeration the premier location in the penthouse building combined with an exquisite renovation making this unit the property for the buyer that truly wants the best. The kitchen is finished in contemporary Hawaiian stylings with custom made monkeypod cabinets and gorgeous counters all new appliances. The panoramic views are absolutely unstoppable and you will never miss a sunset. Wailea Beach Villas is perfectly situated on Wailea Beach and just steps from all the shopping and restaurants in the Shops at Wailea. This 3 bedroom, 3 bathroom unit is being sold furnished with some exclusions. Seller requires Leaseback until the end of May 2024

Last Agent to Sell the Property

Tom Tezak

Hawaii Life (W) License #RB-21167 Listed on: 06/12/2023

Hawaii Life (W)

Last Buyer's Agent

Ryan MacLaughlin

Island Sotheby's Int'l Rlty(W) License #RB-21325

Island Sotheby's Int'l Rlty(W)

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2005

Lot Details

  • 10.74

Home Design

  • Entry on the 4th floor
  • Stucco Exterior

Interior Spaces

  • Ceiling Fan
  • Home Gym

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa

Schools

  • Kamalii Elementary School
  • Lokelani Intermediate
  • Maui High School

Utilities

  • Central Air
  • Underground Utilities
  • Cable TV Available

Additional Features

  • Outdoor Grill
  • Beach Front

Listing and Financial Details

  • Short Term Rentals Allowed
  • Assessor Parcel Number 2210080910000

Community Details

Overview

  • Property has a Home Owners Association
  • Low-Rise Condominium
  • Wailea Beach Villas Community

Amenities

  • Clubhouse

Property Details

Home Type

Condominium

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: Condominium
  • District: Wailea/Makena
  • Other Features: Exercise Room, Club House, Bar-B-Que, Spa/Hot Tub
  • Type: Condo
  • View: Ocean
  • Unit: M-412
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Year Built: 2005
  • Cov Lanai Deck Sq Ft: 557
  • Geo Subdivision: HI
  • Tax Year Ending: 2021
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Tile
  • Bathrooms: 3
  • Bedrooms: 3
  • Included: Ceiling Fan(s), Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Tv Cable, Washing MacHine
  • Living Area Sq Ft: 2180
  • Price Per Sq Ft: 3944.95
  • Floor Level: 4

Exterior Features

  • Design And Structure: Low-Rise 1-3 Stories
  • Exterior Finish: Stucco
  • Pool: Yes
  • Waterfront: Beachfront
  • Pool Type: In-Ground

Utilities

  • Central Air Conditioning: y
  • Sewer: Sewer County
  • Utilities To Site: County Water, Underground Electricity, Tv Cable

Condo/Co-op/Association

  • Other Monthly Fees: Maintenance Fees, Associated Fee
  • Complex Name: Wailea Beach Villas
  • Monthly Maintenance Fee: 2895

Schools

  • Elementary School: Kamalii Elementary
  • High School: Maui High
  • Intermediate School: Lokelani Intermediate

Lot Info

  • Assessed Improvement Value: 3838400
  • Assessed Land Value: 321200
  • County Zoning: H-2 Hotel District
  • Land Acres: 10.74
  • Land Sq Ft: 467834
  • State Zoning: Urban
  • Geo Address Line: 3800 Wailea Alanui Dr
  • Geo Primary City: Kihei
  • Geo Quality: 0.95
  • Geo Zoom Level: 16

Rental Info

  • Short Term Rental Allowed: Yes

Tax Info

  • Tax Database Id: 1
  • Taxes Per Month: 3575.46
  • Assessor Parcel Number: 2210080910000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2023
Closed on
Aug 4, 2023
Sold by
Schiltz Revocable Trust
Bought by
Dick J Randall And Carolyn L Randall Trust and Randall
Seller's Agent
Tom Tezak
Hawaii Life (W)
Buyer's Agent
Ryan MacLaughlin
Island Sotheby's Int'l Rlty(W)
List Price
$8,950,000
Sold Price
$8,600,000
Premium/Discount to List
-$350,000
-3.91%
Current Estimated Value
$6,636,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,963,710
Avg. Annual Appreciation
-10.12%

Purchase Details

Listed on
Oct 4, 2018
Closed on
Aug 29, 2019
Sold by
Goodfellow James Stephen
Bought by
Schiltz Matthew J and Schiltz Katherine M
Seller's Agent
Chelsea Goodfellow
Island Sotheby's Int'l Rlty(W)
Buyer's Agent
General Public
General Public
List Price
$5,750,000
Sold Price
$4,600,000
Premium/Discount to List
-$1,150,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.26%

Purchase Details

Closed on
Apr 9, 2007
Sold by
Omc Llc
Bought by
Goofellow James Stephen

Purchase Details

Closed on
Mar 29, 2006
Sold by
Lai Honua Llc
Bought by
Omc Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,921,800
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records
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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
Dick J Randall And Carolyn L Randall Trust -- Tge
Schiltz Matthew J $4,600,000 Tg
Goofellow James Stephen $5,000,000 Tg
Omc Llc $2,370,000 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Omc Llc $1,921,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/10/2023 08/10/23 Sold $8,600,000 -3.9% $18 / Sq Ft
07/22/2023 07/22/23 Pending -- -- --
06/12/2023 06/12/23 For Sale $8,950,000 +94.6% $19 / Sq Ft
09/05/2019 09/05/19 Sold $4,600,000 -6.1% $10 / Sq Ft View Prior Sale
08/05/2019 08/05/19 Pending -- -- --
05/23/2019 05/23/19 Price Changed $4,900,000 -6.7% $10 / Sq Ft
02/05/2019 02/05/19 Price Changed $5,250,000 -8.7% $11 / Sq Ft
10/04/2018 10/04/18 For Sale $5,750,000 -- $12 / 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 $107,959 $8,150,000 $702,100 $7,447,900
2024 $107,959 $7,563,900 $702,100 $6,861,800
2023 $72,392 $6,109,000 $702,100 $5,406,900
2022 $53,121 $4,482,800 $353,300 $4,129,500
2021 $46,481 $4,159,600 $321,200 $3,838,400
2020 $26,321 $4,069,000 $321,200 $3,747,800
2019 $41,255 $3,837,700 $292,000 $3,545,700
2018 $33,927 $3,655,900 $265,500 $3,390,400
2017 $31,947 $0 $0 $0
2016 $32,496 $3,730,900 $252,200 $3,478,700
2015 $14,687 $3,704,500 $252,200 $3,452,300
Source: Public Records

Agents Affiliated with this Home

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Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 399097

Maui MLS (REALTORS® Association of Maui)

APN: 2-2-1-008-091-0048