NOT LISTED FOR SALE

320 Papaloa Rd Unit 208 Kapaa, HI 96746

Wailua-Kauai Neighborhood

Estimated Value: $704,000 - $875,000

1 Bed
1 Bath
686 Sq Ft
$704/mo HOA Fee

Last Sold November 17, 2021

Last sale price $575,000 $838 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,733/month

11 Days on Market

Highlights

  • Ocean Front
  • Carpet
  • Stacked Washer and Dryer
  • In Ground Pool

About This Home

As of November 2021

Mesmerizing ocean views from this condo that is perched on a bluff overlooking Wailua Bay. It has a MILLION dollar view that will put you into vacation mode as soon as you enter! Sun, surf, and sandy beaches await you at this one bedroom, one bath, second floor condo. The property is well maintained with tropical landscape, salt water pool and BBQ area for your enjoyment. Presented as a turn-key vacation rental, this unit comes with a great rental income history and future reservations.

Unit Amenities Include:
- Spectacular View
- Full kitchen
- Glass slider doors open to a large private lanai
- Flat screen TV in living room
- A/C in bedroom
- King size bed
- Ceiling fans in living room and bedroom
- Washer/Dryer in unit
- New living room blinds
- Double Pane Bedroom Windows
- Pride in ownership - well maintained
- Salt Water tiled swimming pool
- BBQ area just steps away

Wailua Bay View condos are located just above the stunning white sand beach of Wailua Bay. Conveniently and centrally located on Kauai’s Coconut Coast, Wailua Bay View condos are within walking distance to shopping, restaurants, and nearby activities including kayaking Wailua River, the Sleeping Giant hiking trails and Lydgate Beach Park. Spend your days sunbathing, swimming and beach combing on the expansive white sand beach fronting the condo complex. There is a golf course just a few minutes’ drive from Wailua Bay View condos which ranks among the top 10 in municipal courses in the U.S. The Kapa’a/Wailua area is a central launching point for your Island adventures to both the North and South sides of the Island.

Don't wait - the market is hot!

Last Agent to Sell the Property

Cindy Plemer

Premier Kauai Vacation Rentals LLC Brokerage Phone: 8086518413 License #RB-23031 Listed on: 10/01/2021

Last Buyer's Agent

Carol Spierling

eXp Realty License #RB-24072

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,337

Year Built

  • Built in 1971

Lot Details

  • Ocean Front

HOA Fees

  • $704 Monthly HOA Fees

Parking

  • Unassigned Parking

Property Views

  • Ocean
  • Coastline
  • Bay
  • Mountain

Interior Spaces

  • 686 Sq Ft Home
  • Blinds
  • Stacked Washer and Dryer

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Pool

  • In Ground Pool
  • Pool Tile

Utilities

  • Underground Utilities
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • Wailua Bay View Apartments Community

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 4410050030023

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,337

Year Built

Built in 1971

Lot Details

0

HOA Fees

$704 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Road Frontage Type: HIS Almost Oceanfront
  • ResoSecurityFeatures: None
  • Attribution Contact: 8086518413
  • Co List Office Phone: 8086356095
  • Ownership: CPR
  • MLS Status: S
  • Living Area: 686.0
  • Property Attached Yn: Yes
  • Reso Window Features: Blinds
  • Year Built: 1971
  • Tax Year: 2021
  • HIS_PoolYN: Yes
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_OtherBuildingArea: 60
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable, Wireless
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

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

Exterior Features

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

Garage/Parking

  • Parking Features: Unassigned

Utilities

  • Cooling: Other
  • Heating: Other
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 704.0
  • Association Fee Frequency: Monthly
  • Project: WAILUA BAY VIEW APARTMENTS

Lot Info

  • Zoning: R-10
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4410050030023
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4337.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2021
Closed on
Nov 6, 2021
Sold by
Ferguson David Euene and Ferguson Rita Jean
Bought by
Pangerl Regina M and Pangerl Dale Scott
Seller's Agent
Cindy Plemer
Premier Kauai Vacation Rentals LLC
Buyer's Agent
Carol Spierling
eXp Realty
List Price
$573,000
Sold Price
$575,000
Premium/Discount to List
$2,000
0.35%
Total Days on Market
11
Current Estimated Value
$779,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,104
Avg. Annual Appreciation
8.36%
Original Mortgage
$429,000
Outstanding Balance
$396,391
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$368,332

Purchase Details

Listed on
Dec 28, 2012
Closed on
Jan 31, 2013
Sold by
Toole Teresa Lynn
Bought by
Ferguson David Eugene and Furguson Rita Jean
Seller's Agent
Fran Aki
Pacific Image Properties
Buyer's Agent
Russell Tucker
Reside Kauai, LLC
List Price
$280,000
Sold Price
$272,500
Premium/Discount to List
-$7,500
-2.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%
Original Mortgage
$177,125
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2004
Sold by
Hlatky Robert and Hlatky Evelyn S
Bought by
Toole Teresa Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Pangerl Regina M $575,000 Or
Ferguson David Eugene $272,500 Or
Toole Teresa Lynn $309,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pangerl Regina M $429,000
Previous Owner Ferguson David Eugene $177,125
Previous Owner Toole Teresa Lynn $75,000
Previous Owner Toole Teresa Lynn $243,800
Previous Owner Toole Teresa Lynn $246,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2021 11/17/21 Sold $575,000 +0.3% $838 / Sq Ft
10/12/2021 10/12/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $573,000 +110.3% $835 / Sq Ft
02/12/2013 02/12/13 Sold $272,500 -2.7% $397 / Sq Ft
12/28/2012 12/28/12 Pending -- -- --
12/28/2012 12/28/12 For Sale $280,000 -- $408 / 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 $7,865 $667,100 -- $667,100
2024 $7,865 $696,000 -- $696,000
2023 $6,122 $621,500 $0 $621,500
2022 $5,089 $516,600 $0 $0
2021 $4,338 $440,400 $0 $0
2020 $4,323 $438,900 $0 $438,900
2019 $4,323 $440,100 $0 $440,100
2018 $3,244 $376,300 $0 $376,300
2017 $3,244 $366,500 $0 $366,500
2016 $2,967 $335,200 $0 $335,200
2015 $1,510 $341,200 $0 $0
2014 $2,294 $296,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 654747

Hawaii Information Service (MLS Hawaii)

APN: 4-4-1-005-003-0023