NOT LISTED FOR SALE

1 Bay Dr Unit 1505 Lahaina, HI 96761

Estimated Value: $5,644,000 - $7,532,000

3 Beds
4 Baths
2,789 Sq Ft
21 Acre Lot

Sale Details

Date Sold: June 7, 2017

Last sale price $6,475,000 $2,322 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $46,017 / mo

Highlights

  • Ocean Front
  • 21 Acre Lot
  • No Heating
  • Heated In Ground Pool
  • 2 Car Garage

About This Home

As of June 2017

Sold prior to listing. Entered into MLS for statistical purpose.

Last Agent to Sell the Property

Lisa Hatem

Hawaii Life (PR) License #RB-21462 Listed on: 04/13/2017

Last Buyer's Agent

Eric Littlejohn

Compass License #RB-22409

Compass

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2009

Lot Details

  • 21

Parking

  • 2 Car Garage

Interior Spaces

  • 2,789 Sq Ft Home
  • Ocean Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Pool

Additional Features

  • Ocean Front
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 2420040280022

Community Details

Overview

  • Montage Residences Kapalua Bay Community
  • Kapalua Subdivision

Pet Policy

  • Pets Allowed

Recreation

  • Heated In Ground Pool

Property Details

Home Type

Condominium

Year Built

Built in 2009

Lot Details

21 Acres

Parking

2

Listing Details

  • View: Ocean
  • Year Built: 2009
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • PoolFeatures: In Ground, Heated
  • Subdivision Name: Kapalua
  • Carport Y N: No
  • Garage Yn: Yes
  • LivingArea: 2789
  • LandTenure: Fee Simple
  • Special Features: None

Interior Features

  • Total Bedrooms: 3

Exterior Features

  • Acres: 21
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2

Utilities

  • HeatingYN: No

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Lot Size Sq Ft: 914760
  • ResoLotSizeUnits: Acres
  • Parcel #: 2420040280022
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes
  • Lease Term: Short Term Lease

Multi Family

  • Building Area Units: Square Feet

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2017
Closed on
May 15, 2017
Sold by
Bought by
Seller's Agent
Lisa Hatem
Hawaii Life (PR)
Buyer's Agent
Eric Littlejohn
Compass
List Price
$6,700,000
Sold Price
$6,475,000
Premium/Discount to List
-$225,000
-3.36%
Current Estimated Value
$6,626,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,115
Avg. Annual Appreciation
0.25%
Original Mortgage
$4,183,000
Outstanding Balance
$1,955,616
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,670,499

Purchase Details

Listed on
Sep 8, 2014
Closed on
Feb 17, 2015
Sold by
Bought by
Seller's Agent
Lisa Hatem
Hawaii Life (PR)
Buyer's Agent
Ciara Quam
Quam Properties Hawaii Inc
List Price
$4,600,000
Sold Price
$4,600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.18%
Original Mortgage
$3,220,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 7, 2013
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$6,475,000 Tg
-- Tg
-- Tg
$58,066,840 Or
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $4,183,000
Previous Owner $3,220,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/07/2017 06/07/17 Sold $6,475,000 -3.4% $2,322 / Sq Ft
04/13/2017 04/13/17 Pending -- -- --
04/13/2017 04/13/17 For Sale $6,700,000 +45.7% $2,402 / Sq Ft
02/25/2015 02/25/15 Sold $4,600,000 0.0% $5 / Sq Ft View Prior Sale
01/14/2015 01/14/15 Pending -- -- --
09/08/2014 09/08/14 For Sale $4,600,000 -- $5 / Sq Ft
Source: Maui MLS (REALTORS® Association of Maui)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $122,739 $7,071,500 $776,000 $6,295,500
2025 $112,222 $8,288,700 $776,000 $7,512,700
2024 $112,222 $7,848,100 $776,000 $7,072,100
2023 $93,730 $7,909,700 $776,000 $7,133,700
2022 $66,719 $5,630,300 $390,500 $5,239,800
2021 $65,228 $5,833,500 $355,000 $5,478,500
2020 $65,300 $5,893,500 $355,000 $5,538,500
2019 $59,294 $5,515,700 $322,800 $5,192,900
2018 $52,400 $5,646,500 $293,400 $5,353,100
2017 $50,901 $0 $0 $0
2016 $2,889 $4,815,300 $228,900 $4,586,400
2015 $13,547 $3,552,900 $228,900 $3,324,000
2014 $13,547 $2,974,200 $207,800 $2,766,400
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Lisa Hatem

    Hawaii Life (PR)

  • Eric Littlejohn

    Buyer's Agent in 2017

    Eric Littlejohn

    Compass

    (817) 675-7790

    35 Total Sales

    Eric Littlejohn
    Section Image
  • Ciara Quam

    Buyer's Agent in 2015

    Ciara Quam

    Quam Properties Hawaii Inc

    (808) 298-7719

    21 Total Sales

    Ciara Quam
    Section Image
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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 374387

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-2-004-028-0022

Hawaii Maui County Lahaina 96761

1 Bay Dr Unit 1505, Lahaina, HI

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