$272,500
SOLD FEB 12, 2013

320 Papaloa Rd Unit 208 Kapaa, HI 96746

Wailua-Kauai Neighborhood
1 Bed
1 Bath
686 Sq Ft
$578/mo HOA Fee

Recently Sold

$397 Per Sq Ft

3% Below List Price

About This Home

As of November 2021

LOCATION! LOCATION!! LOCATION!!! WAKE UP TO A MILLION DOLLAR VIEW! Indulge your senses with unobstructed panoramic ocean/beach front views & the soothing sound of the surf below. The Wailua Bay View is Kauai's OCEANFRONT living at its best AND at the MOST AFFORDABLE price & lower monthly maintenance fees!

Impeccably maintained, tastefully furnished (turn-key fully furnished) includes Sleeper Sofa, 2 TVs+DVD, Ceiling Fans in Living & Bedroom, Good Vacation Rental History, #208 is situated right in the center of the Wailua Bay View Condominium.

Amenities include Outdoor Swimming Pool, BBQ Area, Full Kitchen-Stovetop-New Stove, Dishwasher, Washer/Dryer, FREE Guest parking, Wired (High-Speed Internet Access-FREE), New A/C in Bedroom w/King-Size Comfy Bed, and adt'l Storage Space in Basement Area.

Walking distance to specialty shops and restaurants and is approx 5 miles from the Lihue Airport on Kauai's scenic eastern shore.

If you're dreaming of a permanent Home or a vacation rental property — look no further — This is one of the best oceanfront condo unit opportunities on the Island of Kauai!

NOT AN REO OR PESKY SHORT SALE!

Last Agent to Sell the Property

Fran Aki

Pacific Image Properties Brokerage Phone: 8086351881 License #RS-55040 Listed on: 12/28/2012

Last Buyer's Agent

Russell Tucker

Reside Kauai, LLC License #RS-61902

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,059

Year Built

  • Built in 1971

HOA Fees

  • $578 Monthly HOA Fees

Parking

  • Unassigned Parking

Home Design

  • Double Stud Wall

Interior Spaces

  • 686 Sq Ft Home
  • Carpet
  • Ocean Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Ocean Front
  • Interior Unit
  • Underground Utilities

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

$2,059

Year Built

Built in 1971

Lot Details

0

HOA Fees

$578 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Road Frontage Type: HIS Almost Oceanfront
  • Attribution Contact: 8086351881
  • Co List Office Phone: 8088227774
  • Ownership: CPR
  • MLS Status: S
  • Living Area: 686.0
  • Property Attached Yn: Yes
  • Year Built: 1971
  • Tax Year: 2012
  • HIS_PoolYN: No
  • Unit Description: Inside Unit
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Flooring: Carpet
  • Total Bathrooms: 1
  • Design: Double Wall

Exterior Features

  • View: Ocean
  • Waterfront: No
  • Roads: Paved

Garage/Parking

  • Parking Features: Unassigned

Utilities

  • Cooling: Cash
  • Utilities: Electricity Available, Sewer Connected, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 578.0
  • 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: 2059.0

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%
Current Estimated Value
$732,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,201
Avg. Annual Appreciation
8.10%
Original Mortgage
$429,000
Outstanding Balance
$396,391
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$371,334

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

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed $575,000 Or
Deed $272,500 Or
Deed $309,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $429,000 New Conventional
Previous Owner $177,125 New Conventional
Previous Owner $75,000 Credit Line Revolving
Previous Owner $243,800 New Conventional
Previous Owner $246,000 Purchase Money Mortgage
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 $5,089 $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: 259797

Hawaii Information Service (MLS Hawaii)

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