NOT LISTED FOR SALE

Estimated Value: $402,000 - $1,406,000

3.42 Acres
$329,727 Price per Acre
148,888 Sq Ft Lot

Last Sold December 30, 2024

Last sale price $401,000 $3 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $6,751/month

222 Days on Market

Highlights

  • 3.42 Acre Lot
  • Mountain View
  • Gentle Sloping Lot

About This Lot

As of December 2024

Aloha! Welcome to an exceptional investment opportunity with this bank-owned vacant land in Wailuku. Spanning approximately 3.42 acres, this lush property once hosted a residence and now offers a blank canvas for your dream home or development project. Nestled in a serene environment, the land boasts breathtaking ocean and mountain views, providing a picturesque backdrop for your future residence. Whether you envision a luxurious estate, a cozy retreat, or a lucrative investment property, this prime piece of land holds limitless potential in one of Hawaii's most charming locales. Wailuku, is a vibrant town rich in culture and natural beauty, offering a plethora of recreational activities and entertainment options. Outdoor enthusiasts can explore the stunning Iao Valley State Park, hike the scenic trails, or enjoy water activities at the nearby beaches. The town is also home to the Maui Arts & Cultural Center, where you can experience diverse performances, from local Hawaiian music to international acts. Dining in Wailuku is a treat, with an array of restaurants offering fresh island cuisine. With its unique blend of outdoor adventure, cultural experiences, and culinary delights, Wailuku provides an idyllic setting for residents and visitors. Don’t miss this chance to create your own paradise! All buyers are responsible for confirming City, County, Zoning, Tax, Schools and other records to their satisfaction before bidding. There are no inspection contingencies in the contract. No repairs before closing. This property is sold As-Is. This is an REO auction property.

Last Listed By

Neven Spralja

REALHome Services & Solutions License #RB-22814 Listed on: 04/26/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,884

Lot Details

  • 3.42 Acre Lot
  • Property fronts a county road
  • Irregular Lot
  • Gentle Sloping Lot
  • Zoning described as Agricultural

Property Views

  • Mountain Views

Utilities

  • Cesspool
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 2310010350000

Property Details

Property Type

Land

Est. Annual Taxes

$4,884

Lot Details

0

Listing Details

  • View: Mountain/Ocean
  • Possible Use: Single Family
  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • LotFeatures: Irregular Lot
  • Road Frontage Type: County Road
  • Tax Year: 2023
  • Special Features: None

Exterior Features

  • Acres: 3.417998
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No

Utilities

  • Sewer: Cesspool, Septic Tank
  • Water Source: Public

Lot Info

  • Topography: Gentle Slope
  • Lot Size Sq Ft: 148888
  • ResoLotSizeUnits: Acres
  • Parcel #: 2310010350000
  • Zoning Description: Agricultural
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 4884

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
Dec 26, 2024
Sold by
Structured Asset Securities Corporation and Us Bank National Association
Bought by
Gettis Donald Louis
Seller's Agent
Neven Spralja
REALHome Services & Solutions
Buyer's Agent
Alex Iskenderian
Berkshire Hathaway Maui Prop-L
List Price
$634,940
Sold Price
$401,000
Premium/Discount to List
-$233,940
-36.84%
Total Days on Market
222
Views
185
Current Estimated Value
$1,127,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$726,005
Avg. Annual Appreciation
2426.05%

Purchase Details

Closed on
May 15, 2023
Sold by
Ige Douglas H
Bought by
Us Bank National Association and Structured Asset Securities Corporation Mortgage Pass-Throug

Purchase Details

Closed on
Oct 28, 2002
Sold by
Makekau Stanley N B and Makekau Stanley
Bought by
Makekau Jeffery N

Purchase Details

Closed on
Oct 30, 1997
Sold by
Executive Trust
Bought by
Salzer John F and Salzer Rebecca M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
10.12%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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

Date Buyer Sale Price Title Company
Gettis Donald Louis -- Fhtc
Gettis Donald Louis -- Fhtc
Makekau Jeffery N -- --
Salzer John F $1,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salzer John F $390,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2024 12/30/24 Sold $401,000 -9.6% $3 / Sq Ft
12/05/2024 12/05/24 Pending -- -- --
11/08/2024 11/08/24 Price Changed $443,700 -5.0% $3 / Sq Ft
10/04/2024 10/04/24 Price Changed $467,000 -5.0% $3 / Sq Ft
09/07/2024 09/07/24 Price Changed $491,500 -5.0% $3 / Sq Ft
08/07/2024 08/07/24 Price Changed $517,300 -5.0% $3 / Sq Ft
07/09/2024 07/09/24 Price Changed $544,500 -5.0% $4 / Sq Ft
06/12/2024 06/12/24 Price Changed $573,100 -5.0% $4 / Sq Ft
05/14/2024 05/14/24 Price Changed $603,200 -5.0% $4 / Sq Ft
04/26/2024 04/26/24 For Sale $634,940 -- $4 / 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
2024 $5,535 $942,900 $480,600 $462,300
2023 $4,885 $835,000 $376,700 $458,300
2022 $4,345 $742,700 $324,700 $418,000
2021 $3,922 $719,700 $324,700 $395,000
2020 $3,973 $729,000 $324,700 $404,300
2019 $4,039 $679,900 $285,700 $394,200
2018 $4,252 $708,700 $272,800 $435,900
2017 $4,033 $0 $0 $0
2016 $3,745 $661,700 $259,800 $401,900
2015 -- $599,300 $233,800 $365,500
Source: Public Records

Agents Affiliated with this Home

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Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 401960

Maui MLS (REALTORS® Association of Maui)

APN: 2-3-1-001-035-0000