NOT LISTED FOR SALE

366 Papaloa Rd Unit 112 Kapaa, HI 96746

Wailua-Kauai Neighborhood

Estimated Value: $1,263,000 - $2,047,000

2 Beds
2 Baths
1,263 Sq Ft
$1,500/mo HOA Fee

Last Sold July 15, 2016

Last sale price $1,095,000 $867 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $11,850/month

About This Home

As of July 2016

Stunning oceanfront location , upgraded unit with a sliding invisible wall allowing for a living mural and opening to the pool. Two bedrooms, two baths, king bed and two queen beds. Central AC, tile floors, large canopy of mature trees. Central covered gathering area with a wet bar and bath for owners use. Island living at its finest. Selling for considerably less than purchase price. Strong vacation rental

Last Agent to Sell the Property

Rosemary Smith

Rosewood Real Estate Brokerage Phone: 8086359048 License #RB-11581 Listed on: 04/13/2016

Last Buyer's Agent

James Karlovsky

COMPASS License #RB-21662

COMPASS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,464

Year Built

  • Built in 1989

Lot Details

  • Property fronts a county road

HOA Fees

  • $1,500 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • 1,263 Sq Ft Home
  • Double Stud Wall

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Air Conditioning
  • Underground Utilities

Community Details

  • Hale Awapuhi Community
  • Wailua House Lots Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4410050010002

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,464

Year Built

Built in 1989

Lot Details

0

HOA Fees

$1,500 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Attribution Contact: 8086359048
  • Co List Office Phone: 8088225216
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: WAILUA HOUSE LOTS
  • Living Area: 1263.0
  • Property Attached Yn: Yes
  • Year Built: 1989
  • Tax Year: 2015
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Design: Double Wall

Exterior Features

  • Waterfront: No
  • Roads: County, Curbs/Gutters, Graded

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Cooling: HIS Air Conditioning
  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1500.0
  • Association Fee Frequency: Monthly
  • Project: HALE AWAPUHI

Lot Info

  • Zoning: R-10
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4410050010002
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 8464.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2016
Closed on
Jun 7, 2016
Sold by
Barnes Vaughn and Barnes Erin
Bought by
Zabate Sharpe Richard Tennyson and Zabate Sharpe Ingrid
Seller's Agent
Rosemary Smith
Rosewood Real Estate
Buyer's Agent
James Karlovsky
COMPASS
List Price
$1,075,000
Sold Price
$1,095,000
Premium/Discount to List
$20,000
1.86%
Total Days on Market
0
Current Estimated Value
$1,603,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$508,950
Avg. Annual Appreciation
4.31%
Original Mortgage
$625,000
Outstanding Balance
$493,612
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,100,577

Purchase Details

Closed on
Feb 15, 2008
Sold by
S Larson Family Lp
Bought by
Barnes Vaughn and Barnes Erin

Purchase Details

Closed on
Apr 7, 2006
Sold by
Larson Steve
Bought by
Larson Family Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 31, 2006
Sold by
Wayne J & Elizabeth A Sawicky Family Lp
Bought by
Larson Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 30, 2002
Sold by
Atkinson Larry
Bought by
Sawicky Wayne J and Sawicky Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,600
Interest Rate
6.74%
Mortgage Type
Balloon

Purchase Details

Closed on
May 24, 2002
Sold by
Sawicky Wayne J and Sawicky Elizabeth A
Bought by
The Wayne J & Elizabeth A Sawicky Family

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,600
Interest Rate
6.74%
Mortgage Type
Balloon
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
Zabate Sharpe Richard Tennyson -- Tg
Barnes Vaughn $1,600,000 Fhtc
Larson Family Lp $1,000 Accommodation
Larson Steve $1,400,000 None Available
Sawicky Wayne J $439,500 Security Title Corporation
The Wayne J & Elizabeth A Sawicky Family $1,000 Security Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zabate Sharpe Richard Tennyson $625,000
Previous Owner Larson Steve $1,000,000
Previous Owner Larson Steve $120,000
Previous Owner Sawicky Wayne J $351,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2016 07/15/16 Sold $1,095,000 +1.9% $867 / Sq Ft
04/13/2016 04/13/16 Pending -- -- --
04/13/2016 04/13/16 For Sale $1,075,000 -- $851 / 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 $16,161 $1,428,600 -- $1,428,600
2024 $16,161 $1,413,700 -- $1,413,700
2023 $11,160 $1,356,700 $0 $1,356,700
2022 $11,160 $1,133,000 $0 $0
2021 $10,113 $1,026,700 $0 $0
2020 $10,300 $1,045,700 $0 $1,045,700
2019 $9,545 $969,000 $0 $969,000
2018 $8,838 $897,300 $0 $897,300
2017 $7,611 $860,000 $0 $860,000
2016 $8,432 $952,800 $0 $952,800
2015 $4,232 $956,400 $0 $0
2014 $7,152 $799,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 294818

Hawaii Information Service (MLS Hawaii)

APN: 4-4-1-005-001-0002