MORTGAGE AMOUNT $0
DOWN PAYMENT AMOUNT $33,750

MONTHLY MORTGAGE PAYMENT $0/span>
ADDITIONAL MONTHLY CHARGES $0
TOTAL MONTHLY PAYMENT $0
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MLS#: 394035
Bank Owned: No
Status: Sold
Days on Market: 61
Offer Price: $225,000
Sold Price: $225,000
Lot Size: Wailuku
City: Wailuku
Listed By: eXp Realty
Vacation Rental:
Posting Date: 12-15-2021 8:43pm
Last Update: 02-13-2022 7:36pm

LISTING PROVIDED BY

Bruce R Travis RS-79596
808-280-1333
BruceRTravis@yahoo.com

eXp Realty
808-725-2794
hi.broker@exprealty.net

PROPERTY DESCRIPTION

This all level 14,032 SF lot has SPECTACULAR west Maui mountain/Iao Valley views. The Iao stream is approx 100 feet behind the lot and 20 feet below and in the FEMA flood zone AE(180`-185`, AEF(180`-185`). 90% of the lot is zoned R-2 which allows one main dwelling and an ohana(possibly 2). The front portion of the lot, approx 10%, is zoned project district. The house and ohana need to be built on the R-2 portion of the lot. In order to get a building permit the new owner needs to fill out an APPLICATION FOR SPECIAL FLOOD HAZARD AREA DEVELOPMENT PERMIT and a LOMAR(letter of floodway map revision) application from FEMA. The house and ohana will need to be up two stories(post and pier) which will capture sweeping ocean views. Once both applications are approved you can apply for the building permit. The post and pier need to comply with FEMA standards. The property is being sold As Is Where Is and the buyer needs to do their due diligence to verify this information. The lot is 103.50 wide at the rear, 66.34` wide in the front, 213.70` long on the makai side and 158.30 on the mauka side and completely level. This is a beautiful buildable lot and the lowest priced lot on Maui for its size. Just a few short minutes to Wailuku and Kahului. This is country living right in town. The county assessed value is $346,600 so at $225,000 it is a bargain and worth doing the paperwork and applications. The water line goes right to the property and meters are available in Wailuku. ($12,060). County sewer connections are at the rear of the lot. There is a utility and access easement from Piihana road but the main ingress/egress is over the bridge coming from Imi kala street by the Wailuku Post office.

PRICE HISTORY

Date Days Ago Event Price Status

Last update: 7:36pm 2/13/2022

Disclaimer - This information is believed to be accurate. It has been provided by sources other than the Realtors Assoc. of Maui and should not be relied upon without independent verification. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. Featured properties may or may not be listed by the office/agent presenting this brochure.