NOT LISTED FOR SALE

390 Papaloa Rd Unit 232 Kapaa, HI 96746

Wailua-Kauai Neighborhood

Estimated Value: $1,242,000 - $1,445,000

2 Beds
2 Baths
1,416 Sq Ft
$1,478/mo HOA Fee

Last Sold November 24, 2021

Last sale price $998,000 $705 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $9,377/month

455 Days on Market

Highlights

  • Ocean Front
  • Wood Flooring
  • High Ceiling
  • Heated In Ground Pool
  • End Unit
  • Shutters

About This Home

As of November 2021

Extremely rare opportunity to own a beautiful condo at Lanikai! With only 18 units, these upscale condos seldom come on the market.

Lanikai, or “heavenly sea” in Hawaiian, is tucked away on the east side of Kauai, nestled above the bay with stunning views of the coastline. Owners and renters alike enjoy the heated salt water pool and tropical landscaped grounds. Adjacent to the pool is a private gate that leads you to the sandy beach that features a protected swimming area for children. Also located within walking distance are a variety of well-known restaurants, bars and cafes.

This beautifully furnished, 1416 square foot, 2 bedroom, 2 bath condo comes equipped with everything you need for use as a vacation home or full-time residence.
Amenities include:

~Hardwood floor in living/dinning area
~Upgraded kitchen and baths with solid granite countertops
~Flat screen TV in living room, master bedroom and guest bedroom
~Mahogany hardwood baseboards & trim, door casings and closet doors
~Exotic wood entertainment center in guest master bedroom
~Master bathroom features a soaking tub
~Full size washer and dryer
~BBQ area by the pool
~Ke Ala Hele Makalae bike/walking path fronting the street side of the property

This truly is a one-of-a-kind location and highly in demand for many returning island visitors.

Last Agent to Sell the Property

Cindy Plemer

Premier Kauai Vacation Rentals LLC Brokerage Phone: 8086518413 License #RB-23031 Listed on: 08/26/2020

Last Buyer's Agent

Cindy Plemer

Premier Kauai Vacation Rentals LLC Brokerage Phone: 8086518413 License #RB-23031 Listed on: 08/26/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,577

Year Built

  • Built in 1981

Lot Details

  • Ocean Front
  • End Unit
  • Landscaped

HOA Fees

  • $1,478 Monthly HOA Fees

Parking

  • Unassigned Parking

Property Views

  • Ocean
  • Coastline
  • Bay
  • Mountain

Interior Spaces

  • 1,416 Sq Ft Home
  • Built-In Features
  • High Ceiling
  • Shutters
  • Blinds
  • Closed Circuit Camera

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Internet Available
  • Phone Available
  • Cable TV Available

Additional Features

  • Heated In Ground Pool
  • Upper Level

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 4430020030018

Community Details

Overview

  • Lanikai Community
  • Wailua Beach Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,577

Year Built

Built in 1981

Lot Details

0

HOA Fees

$1,478 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Road Frontage Type: HIS Almost Oceanfront
  • ResoLotFeatures: Landscaped
  • ResoSecurityFeatures: Closed Circuit Camera(s), Smoke Detector(s)
  • Attribution Contact: 8086518413
  • Co List Office Phone: 8086356095
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: WAILUA BEACH
  • Reso Interior Features: Built-in Features, High Ceilings
  • Living Area: 1416.0
  • Property Attached Yn: Yes
  • Reso Window Features: Blinds, Shutters
  • Year Built: 1981
  • Tax Year: 2020
  • HIS_PoolYN: Yes
  • Unit Description: End Unit, Even Number Unit, High Floor Unit
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_OtherBuildingArea: 100
  • 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, Dryer, HIS Microwave Hood, Range, Refrigerator, Washer
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Flooring: Ceramic Tile, Hardwood
  • Total Bathrooms: 2

Exterior Features

  • View: Bay, HIS Coastline, Mountain(s), Ocean, Ocean Horizon
  • Pool Features: Heated, HIS Plaster, In Ground, Other
  • Waterfront: No
  • Exterior Features: Lightning
  • Roads: Paved

Garage/Parking

  • Parking Features: Unassigned

Utilities

  • Cooling: Cash, Wall/Window Unit(s)
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1477.79
  • Association Fee Frequency: Monthly
  • Project: LANIKAI

Lot Info

  • Zoning: R-20
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4430020030018
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6577.0

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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

Property History

Date Event Price Change Sq Ft Price
10/10/2024 10/10/24 Off Market $998,000 -- --
02/22/2022 02/22/22 Off Market $998,000 -- --
11/24/2021 11/24/21 Sold $998,000 -0.1% $705 / Sq Ft
11/24/2021 11/24/21 Pending -- -- --
08/26/2020 08/26/20 For Sale $998,888 -- $705 / 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 $10,617 $1,105,200 -- $1,105,200
2024 $10,617 $939,600 -- $939,600
2023 $8,585 $871,600 $0 $871,600
2022 $6,833 $693,700 $0 $0
2021 $6,677 $677,900 $0 $0
2020 $6,578 $667,800 $0 $667,800
2019 $6,578 $630,800 $0 $630,800
2018 $5,054 $581,300 $0 $581,300
2017 $5,054 $571,100 $0 $571,100
2016 $4,584 $518,000 $0 $518,000
2015 $2,409 $544,300 $0 $0
2014 $3,767 $486,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 641834

Hawaii Information Service (MLS Hawaii)

APN: 4-4-3-002-003-0018