NOT LISTED FOR SALE

320 Papaloa Rd Unit 113 Kapaa, HI 96746

Wailua-Kauai Neighborhood

Estimated Value: $699,000 - $863,000

1 Bed
1 Bath
686 Sq Ft
$690/mo HOA Fee

Last Sold July 09, 2021

Last sale price $520,000 $758 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,585/month

171 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Air Conditioning
  • Ocean View
  • Ground Level Unit
  • 1-Story Property

About This Home

As of July 2021

Relax on the oceanfront of the Coconut Coast at this recently updated 1BD/1BA ground-floor Wailua condo in the coveted Papaloa Street area. The lanai’s unobstructed ocean coastline view faces Horner's surf break on Wailua Bay, a popular surf and kite-surfing spot. This turnkey, in-demand vacation rental has been refreshed with new kitchen cabinetry and countertops, all new stylish graphite stainless steel appliances, new bathroom vanity, and new bedroom furniture as well as new vinyl flooring in the bedroom, entry, and bathroom areas. As a 1st floor unit, it’s easy to get in and out - no need to carry luggage or the evening’s BBQ up 2 or 3 flights of stairs. Additionally, the well-place condo captures the cooling tradewinds and is located in the quieter section within the complex away from the noises of Kuhio Hwy. The bedroom has A/C, making for comfortable sleeping. Owners and guests alike love this complex, resulting in these condos rarely coming on the market.

The sandy beach of Wailua Bay lies in front of the complex. Wailua Bayview Apartments is within minutes of shopping, dining, Lydgate Park, golf courses, and all of Kauai’s east side river adventures and hikes. The swimming pool and BBQ area has been recently refurbished. The 7-mile Kapaa Bike Path, running out front of the complex, leads to Wailua’s “Restaurant Row” and beyond to Kapaa Town. It’s just a short beach stroll to the mouth of the Wailua River. Wailua Bay View Apartments has one of the least expensive monthly HOA fees on-island. Maintenance fees include homeowner’s insurance, water, refuse pickup, wifi, and basic cable, security, pool, and landscape maintenance.

Last Agent to Sell the Property

Lauren Pingree

Hawaii Life Brokerage Phone: 8082128058 License #RS-76803 Listed on: 11/20/2020

Hawaii Life

Last Buyer's Agent

Daniel Erickson

Kuleana Realty LLC License #RB-23687

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,305

Year Built

  • Built in 1971

Lot Details

  • 1.11

HOA Fees

  • $690 Monthly HOA Fees

Parking

  • Unassigned Parking

Property Views

  • Ocean
  • Coastline
  • Bay
  • Mountain

Interior Spaces

  • 686 Sq Ft Home
  • 1-Story Property
  • Stacked Washer and Dryer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Air Conditioning
  • Underground Utilities

Additional Features

  • In Ground Pool
  • Beach Front
  • Ground Level Unit

Community Details

  • Wailua Bay View Apartments Community

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 4410050030013

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,305

Year Built

Built in 1971

Lot Details

0

HOA Fees

$690 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Road Frontage Type: HIS Sandy Beach
  • Attribution Contact: 8082128058
  • Co List Office Phone: 8006675028
  • Ownership: CPR
  • MLS Status: S
  • Living Area: 686.0
  • Property Attached Yn: Yes
  • Year Built: 1971
  • Tax Year: 2019
  • HIS_PoolYN: Yes
  • Unit Description: Ground Unit, Single Level
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer/Dryer Stacked
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Flooring: Laminate, Vinyl
  • Total Bathrooms: 1

Exterior Features

  • View: Bay, HIS Coastline, HIS Sunrise, Mountain(s), Ocean, Ocean Horizon
  • Pool Features: In Ground
  • Waterfront: No
  • Roads: Paved

Garage/Parking

  • Parking Features: Unassigned

Utilities

  • Cooling: HIS Air Conditioning
  • Sewer: Other
  • Utilities: Electricity Available, Other, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 690.0
  • Association Fee Frequency: Monthly
  • Project: WAILUA BAY VIEW APARTMENTS

Lot Info

  • Zoning: R-10
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4410050030013
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4305.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2020
Closed on
Jul 1, 2021
Sold by
Godinez John F and Godinez Karen M
Bought by
Pobst Gregory and Pobst Jenny
Seller's Agent
Lauren Pingree
Hawaii Life
Buyer's Agent
Daniel Erickson
Kuleana Realty LLC
List Price
$525,000
Sold Price
$520,000
Premium/Discount to List
-$5,000
-0.95%
Total Days on Market
171
Current Estimated Value
$756,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,253
Avg. Annual Appreciation
9.39%
Original Mortgage
$390,000
Outstanding Balance
$357,318
Interest Rate
2.98%
Estimated Equity
$381,320

Purchase Details

Closed on
Dec 20, 2000
Sold by
Loupe Stephen Rea and Loupe Lynda Louise
Bought by
Godinez John F and Godinez Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Pobst Gregory $520,000 Or
Godinez John F $225,000 Security Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pobst Gregory $390,000
Previous Owner Godinez John F $145,000
Previous Owner Godinez John F $30,000
Previous Owner Godinez John F $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2024 11/06/24 Off Market $520,000 -- --
10/07/2021 10/07/21 Off Market $520,000 -- --
07/09/2021 07/09/21 Sold $520,000 -1.0% $758 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
11/20/2020 11/20/20 For Sale $525,000 -- $765 / Sq Ft
Source: Hawaii Information Service (MLS Hawaii)

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 $7,788 $660,300 -- $660,300
2024 $7,788 $689,200 -- $689,200
2023 $6,102 $619,500 $0 $619,500
2022 $5,069 $514,600 $0 $0
2021 $4,278 $434,300 $0 $0
2020 $4,303 $436,900 $0 $436,900
2019 $4,303 $437,100 $0 $437,100
2018 $3,221 $373,900 $0 $373,900
2017 $3,221 $363,900 $0 $363,900
2016 $2,944 $332,700 $0 $332,700
2015 $1,499 $338,700 $0 $0
2014 $2,294 $294,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 644459

Hawaii Information Service (MLS Hawaii)

APN: 4-4-1-005-003-0013