NOT LISTED FOR SALE

Estimated Value: $641,000 - $962,000

1 Bed
1 Bath
597 Sq Ft
12.28 Acres

Last Sold August 19, 2021

Last sale price $635,000 $1,064 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,733/month

1 Day on Market

Highlights

  • Ocean Front
  • 12.28 Acre Lot
  • Lanai
  • Heated In Ground Pool
  • Clubhouse
  • Furnished

About This Home

As of August 2021

From the moment you enter you will be surrounded by the spirit of Aloha. The first impression is from the large mirror in the dining area which reflects your initial glimpse of the Pacific Ocean. As you walk through the entry hall across the tile floor your eyes are drawn to the lanai and the expansive views of the ocean and the island of Molokai and Lanai. This unit has a walk-in shower, granite counter-top in the bathroom and a split AC system. Papakea is a peaceful Hawaiian lifestyle low rise resort situated on 13 acres of oceanfront. Unit E-203 has a fabulous view of the island of Molokai, the ocean and the pool. The resort is just a short walking distance to 3-mile-long N. Kaanapali white sandy beach with great swimming and snorkeling. The lush landscaped grounds are immaculately maintained and adorned with red ginger and red palms. At dusk, every evening the magical twinkling tiki lights are lit and reflect on the multiple Koi ponds through-out the property. The amenities include 2 ocean side swimming pools, 2 whirlpool spas, 3 tennis courts, 2 ocean-side cabanas for entertaining, 2 twelve hole putting greens, 24-hour front desk service, poolside barbecues, and ample parking. It is situated within walking distance of dining, grocery store and an outdoor Farmers Market close by. The quaint historic town of Lahaina is only a short 10-minute drive. This turnkey condo is fully equipped and ready to rent in a short-term rental program …or have as your second home island getaway. It comes with all the furnishing and fully equipped so the transition to the new owner is simple and easy. All assessments have been paid off so therefore the low maintenance fees.

Last Agent to Sell the Property

Kristen Kingwell

Coldwell Banker Island Prop-KP License #RS-68401 Listed on: 07/03/2021

Coldwell Banker Island Prop-KP

Last Buyer's Agent

Kristen Kingwell

Coldwell Banker Island Prop-KP License #RS-68401 Listed on: 07/03/2021

Coldwell Banker Island Prop-KP

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1977

Lot Details

  • Ocean Front

Parking

  • 1 Open Parking Space

Home Design

  • Slab Foundation
  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 597 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Tile Flooring
  • Ocean Views
  • Washer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Home Security

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Lanai
  • Outdoor Grill

Schools

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

Utilities

  • No Heating
  • Cable TV Available
  • TV Antenna

Listing and Financial Details

  • Assessor Parcel Number 2440010550153

Community Details

Overview

  • High-Rise Condominium
  • Papakea Resort I II Community
  • Papakea Resort Subdivision

Amenities

  • Clubhouse

Recreation

  • Putting Green
  • Tennis Courts

Security

  • Security Guard
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1977

Lot Details

0

Listing Details

  • View: Ocean
  • Year Built: 1977
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • PoolFeatures: In Ground, Heated
  • OtherEquipment: TV Antenna
  • SecurityFeatures: Smoke/Heat Detector, Security Guard
  • Subdivision Name: Papakea Resort
  • Carport Y N: No
  • Fireplace: No
  • Garage Yn: No
  • Interior Features: Ceiling Fan(s), Furnished, TV Cable
  • LivingArea: 597
  • Property Attached Yn: Yes
  • Roof: Monier Tile/Tile
  • Structure Type: High-Rise 4+ Stories
  • WindowFeatures: Drapes
  • Master Plan Zoning: A-2
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Spa Features: Spa/Hot Tub
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 1

Exterior Features

  • Acres: 12.28
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Stucco, Concrete
  • Exterior Features: Tennis Court(s), Barbecue, Putting Green
  • Foundation Details: Concrete Slab
  • Patio And Porch Features: Covered Lanai/Deck

Garage/Parking

  • Open Parking Spaces: 1
  • Open Parking: Yes

Utilities

  • Sewer: Public Sewer
  • HeatingYN: No

Condo/Co-op/Association

  • Community Features: Clubhouse

Schools

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

Lot Info

  • Lot Size Sq Ft: 534917
  • ResoLotSizeUnits: Acres
  • Parcel #: 2440010550153
  • Zoning Description: Apartment District
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Short Term Lease

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2021
Closed on
Aug 16, 2021
Sold by
Schram Ann P and Ann P Schram Declaration Of Tr
Bought by
Mark Robin Leslie Joseph Van Der and Mark Fiona Margaret
Seller's Agent
Kristen Kingwell
Coldwell Banker Island Prop-KP
Buyer's Agent
Kristen Kingwell
Coldwell Banker Island Prop-KP
List Price
$619,000
Sold Price
$635,000
Premium/Discount to List
$16,000
2.58%
Current Estimated Value
$722,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,675
Avg. Annual Appreciation
3.03%

Purchase Details

Closed on
Dec 21, 2018
Sold by
Schram Jo Ann
Bought by
Schram Jo Ann P and Jo Ann P Schram Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mark Robin Leslie Joseph Van Der -- Or
Schram Jo Ann P -- None Available
Schram Jo Ann P -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2021 08/19/21 Sold $635,000 +2.6% $1,064 / Sq Ft
07/05/2021 07/05/21 Pending -- -- --
07/03/2021 07/03/21 For Sale $619,000 -- $1,037 / 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 $11,183 $894,600 $135,200 $759,400
2024 $12,720 $1,016,300 $135,200 $881,100
2023 $8,969 $756,900 $135,200 $621,700
2022 $6,696 $565,100 $68,100 $497,000
2021 $6,279 $565,200 $61,900 $503,300
2020 $5,598 $505,200 $61,900 $443,300
2019 $6,002 $558,300 $56,200 $502,100
2018 $4,155 $447,700 $51,100 $396,600
2017 $3,892 $0 $0 $0
2016 $3,788 $434,900 $48,600 $386,300
2015 $3,204 $400,600 $48,600 $352,000
Source: Public Records

Agents Affiliated with this Home

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Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 392209

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-4-001-055-0153