$531,650
SOLD JUL 28, 2016

4-1250 Kuhio Hwy Unit B109 Kapaa, HI 96746

2 Beds
2 Baths
1,148 Sq Ft
$1,244/mo HOA Fee

Recently Sold

$463 Per Sq Ft

7% Below List Price

26 Days on Market

Highlights

  • Ocean Front
  • End Unit
  • Tile Flooring
  • In Ground Pool
  • Ground Level Unit

About This Home

As of March 2020

OCEAN FRONT - But set back from the beach. Large 2-bedroom, 2-bath ground floor vacation rental condominium, with excellent Ocean Views along Kauai's beautiful Coconut Coast. The large glass sliding door opens to ocean lanai and the green grass that fronts the paved Coastal Trail Path and long golden sand beach fronting entire length of property. Located in the heart of Kapaa Town where the Art Walk is held. This project is literally 1/20th of a mile to those restaurants, shopping and activities. Complete resort amenities including lighted tennis courts, swimming pool, hydro-spa, saunas and adjacent of course to the new paved Coastal Trail a.k.a. "pedestrian highway" that stretches from North Lihue all the way to Anahola.

Possible owner financing. Ask...

Here are the meat and Potatoes:
-Nightly rate of $190.00
-90% Occupancy (currently) = $5,130.00 / month Gross Income
-Operating expenses including all utilities, HOA, insurance and real property taxes are $2100/month
-Net income after operating expenses = $3000.00 before taxes
*All items and amounts above need to be independently verified and are subject to change without notice.

Unit will not be shown when tenant occupied unless buyers are qualified by listing agent. To check availability go to VRBO#488770

The term "oceanfront" only applies to the location of this unit within the complex. The oceanfront strip of land where the Coastal path is part of Kapaa Beach Park and is owned by the State of Hawaii. Ready for an immediate sale. Photos are 3 years old however, the unit is relatively in the same condition as depicted in the photos with the exception that some of the furnishings have changed.

Last Agent to Sell the Property

CJ Halladay

COMPASS Brokerage Phone: 8086520746 License #RB-18908 Listed on: 04/20/2016

COMPASS

Last Buyer's Agent

JJ Leininger

Hawaii Life License #RB-20438

Hawaii Life

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,704

Year Built

  • Built in 1978

Lot Details

  • Ocean Front
  • Property fronts a county road
  • End Unit

HOA Fees

  • $1,244 Monthly HOA Fees

Parking

  • Unassigned Parking

Property Views

  • Ocean
  • Coastline

Home Design

  • Double Stud Wall

Interior Spaces

  • 1,148 Sq Ft Home
  • Drapes & Rods
  • Blinds

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • In Ground Pool
  • Ground Level Unit

Community Details

  • Pono Kai Community
  • Kapaa Town Lots Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 4450070020034

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,704

Year Built

Built in 1978

Lot Details

0

HOA Fees

$1,244 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Road Frontage Type: HIS Almost Oceanfront
  • Attribution Contact: 8086520746
  • Co List Office Phone: 8006675028
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: KAPAA TOWN LOTS
  • Living Area: 1148.0
  • Property Attached Yn: Yes
  • Reso Window Features: Blinds, Drapes
  • Year Built: 1978
  • Tax Year: 2012
  • HIS_PoolYN: Yes
  • Unit Description: End Unit, Even Number Unit, Ground Unit, Walk-Up
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable, DSL
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Flooring: Carpet, HIS Resin Tile
  • Total Bathrooms: 2
  • Design: Double Wall

Exterior Features

  • View: HIS Coastline, HIS Sunrise, Ocean, Ocean Horizon
  • Pool Features: In Ground
  • Waterfront: No
  • Roads: County

Garage/Parking

  • Parking Features: Unassigned

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1244.0
  • Association Fee Frequency: Monthly
  • Project: PONO KAI

Lot Info

  • Zoning: RR-20
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4450070020034
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2704.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2021
Sold by
Szambelan David John and Szambelan Sandra Kaye
Bought by
Szambelan Kauai Properties Llc
Current Estimated Value
$1,126,875

Purchase Details

Listed on
Feb 18, 2020
Closed on
Mar 14, 2020
Sold by
Kapaa Waterfront Condo Llc
Bought by
Szambelan David John and Szambelan Sandra Kaye
Seller's Agent
JJ Leininger
Hawaii Life
Buyer's Agent
Danette Andrews
Aloha Sotheby's International - Kauai
List Price
$599,000
Sold Price
$599,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.62%

Purchase Details

Listed on
Sep 4, 2012
Closed on
Jul 26, 2013
Sold by
Woerner Eugene W and Woerner Lucinda C
Bought by
Brayham Douglas Scot
Seller's Agent
CJ Halladay
COMPASS
List Price
$439,000
Sold Price
$340,000
Premium/Discount to List
-$99,000
-22.55%

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
$221,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2004
Sold by
Woerner Eugene W and Woerner Lucinda C
Bought by
Woerner Eugene W and Woerner Lucinda C

Purchase Details

Closed on
Jul 29, 2003
Sold by
Carder John W and Carder Nan E
Bought by
Woerner Eugene W and Woerner Lucinda C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2000
Sold by
John P Figone Corp
Bought by
Carder John W and Carder Nan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
8.12%
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 Type Sale Price Title Company
Deed -- None Available
Deed $599,000 Or
Deed $340,000 Or
Interfamily Deed Transfer -- Or
Interfamily Deed Transfer -- --
Deed $315,000 First American Title Co Inc
Deed $220,000 First Hawaii Title Corp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $221,000 New Conventional
Previous Owner $215,000 Purchase Money Mortgage
Previous Owner $176,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2024 10/12/24 Off Market $599,000 -- --
03/23/2020 03/23/20 Sold $599,000 0.0% $522 / Sq Ft
02/20/2020 02/20/20 Pending -- -- --
02/18/2020 02/18/20 For Sale $599,000 +12.7% $522 / Sq Ft
07/28/2016 07/28/16 Sold $531,650 -6.6% $463 / Sq Ft
05/16/2016 05/16/16 Pending -- -- --
04/20/2016 04/20/16 For Sale $569,000 +67.4% $496 / Sq Ft
07/31/2013 07/31/13 Sold $340,000 -22.6% $296 / Sq Ft
06/06/2013 06/06/13 Pending -- -- --
09/04/2012 09/04/12 For Sale $439,000 -- $382 / 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 $11,566 $1,071,600 -- $1,071,600
2024 $11,566 $1,022,600 -- $1,022,600
2023 $7,770 $788,800 $0 $788,800
2022 $6,090 $618,300 $0 $0
2021 $5,524 $560,800 $0 $0
2020 $5,505 $558,900 $0 $558,900
2019 $5,208 $528,700 $0 $528,700
2018 $3,989 $487,900 $0 $487,900
2017 $3,989 $450,700 $0 $450,700
2016 $3,606 $407,500 $0 $407,500
2015 $1,795 $405,700 $0 $0
2014 $2,705 $403,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 295092

Hawaii Information Service (MLS Hawaii)

APN: 4-4-5-007-002-0034