Wailuku Land Pending Sale: 0000NOADDRESS MALAIHI ROAD Rd, Maui, Hawaii | MLS: 391543
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Sale Pending
MLS: 391543 (Bank Owned Foreclosure - REO)
 
Asking Price: $895,000 Fee Simple

District: Wailuku
City: Wailuku
Street: 0000noaddress Malaihi Road Rd
Beds: 0   Baths: 0
Land Area: 35 Acres
Features: Ocean View
Days on Market: 450
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ON THE MAP IN PINK THE KONOIKI PORTION IS NOT INCLUDED IN THE SALE AS IT BELONGS TO LOT 29. THIS IS BROKEN TITLE PROPERTY. THERE IS CURRENTLY NO TMK. THE COUNTY WATER LINE ENDS AT THE TOP OF MALAIHI ROAD SO COUNTY WATER IS AVAILABLE. CATCHMENT IS THE WAY TO GO. 57" A YEAR OF RAIN IN THIS VALLEY. THERE ARE APPROX 20-27 DIFFERENT PARCELS INSIDE LOT 30 BUT AT THIS TIME THEY CANNOT BE SOLD OFF INDIVIDUALLY. SEE ASSOC. DOCS. THE NORTH WAIEHU STREAM MEANDERS IN AND OUT OF THE PROPERTY. THERE ARE OCEAN VIEWS BUT WE DON'T KNOW WHERE YET. THE BOUNDARIES ON THE WEST SIDE HAVE BEEN RECENTLY SURVEYED FOR LOT 29. THIS IS A RISK AND REWARD OPPORTUNITY. THE 2011 BANKRUPTCY APPRAISAL WAS $1,847,000. CASH SALE ONLY. NO TITLE INSURANCE. BUYER WILL NEED TO HIRE A TOP TITLE ATTORNEY TO INITIATE A QUIET TITLE ACTION WHICH WILL BE EXPENSIVE. LENDER OWNED. POSSIBLE SELLER FINANCING WITH A BIG DOWN-PAYMENT. THIS PROPERTY IS ONLY FOR A BUYER WHO IS FAMILIAR WITH BROKEN TITLE. THERE IS NOTHING PREVENTING SOMEONE FROM BUILDING ON BROKEN TITLE PROPERTY OR FARMING IT. THIS IS A LOT OF LAND FOR THE MONEY. 48 HOURS REQUIRED TO SHOW. PROOF OF FUNDS BEFORE ANY SHOWING. ALLOW 1.5 HOURS TO VIEW THE PROPERTY.

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2Properties Found (Last 6 months)
MLS Number Description List Date List Price
391935
MauiRealEstate.Net: Comparable Sold
0 Bed, 0 Bath06/14/2021$749,000
396463
MauiRealEstate.Net: Comparable Sold
0 Bed, 0 Bath07/15/2022$1,300,000
Average Price:  $1,024,500

Show Sold Comparables.

This property is listed by eXp Realty
The Hansens may represent you as a Buyer's Representative.
 
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.
 
Copyright 1995-2020, REALTORS® Association of Maui, Inc.

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