NOT LISTED FOR SALE

Estimated Value: $587,000 - $683,000

2 Beds
1 Bath
590 Sq Ft
$1,088/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $347,000 $588 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $4,764/month

30 Days on Market

Highlights

  • Ocean Front
  • Outdoor Pool
  • Ground Level Unit
  • Beach Access
  • Garden View
  • Concrete Block With Brick

About This Home

As of September 2021

Imagine just a few steps to the Beach/Ocean and only fewer steps to a swimming pool, right off your Lanai, on the beautiful Island of Kauai for ONLY $378K ! This is your lucky day ~ Kauai Kailani #117 has this to Offer and more. What an opportunity!
This complex was totally rejuvenated and completely rebuilt less than 10 years ago. The buildings, grounds and interiors are well maintained and in great condition. The central location of this complex is hard to beat. Within a block or less you can access Safeway, Papaya's Health Foods, Oasis on the Beach restaurant and bar, and multiple shops.
Kauai Kailani sits right on the beach, with miles of sand in either direction. When you step outside the front door, you reach the beach in 150 steps, you can also reach the Kapaa bike path in less steps than that! This section of the bike path runs on the back of the complex, giving unobstructed ocean access. When you step through the gate on the lanai you step right into the back pool. Lanai is enclosed with a concrete and metal wall.
There's a larger pool close to the beach. On the way to the beach you have access to a fun game room and gas BBQ's. Individual A/C units can be approved by the HOA. Water, sewer and cable are including the the homeowner dues. This lovely home has been occupied by long term tenants who've taken very good care of the it. Their Lease expires 7/31/2021.
The home has never been a vacation rental, which has decreased any wear and tear, and that use status is reflected in lower property taxes. Kauai Kailani #117 comes well furnished and could also make a perfect vacation rental ~ isn't it time to own your piece of Paradise!

Last Agent to Sell the Property

Fran Aki

Pacific Image Properties Brokerage Phone: 8086351881 License #RS-55040 Listed on: 06/11/2021

Last Buyer's Agent

Brady Beyers

COMPASS License #RS-77751

COMPASS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,671

Year Built

  • Built in 1972

Lot Details

  • Ocean Front
  • Masonry wall
  • Landscaped
  • Property is zoned R-20

HOA Fees

  • $891 Monthly HOA Fees

Parking

  • Unassigned Parking

Home Design

  • Garden Apartment
  • Concrete Block With Brick
  • Double Stud Wall

Interior Spaces

  • 590 Sq Ft Home
  • 1-Story Property
  • Drapes & Rods
  • Garden Views
  • Stacked Washer and Dryer

Kitchen

  • Range
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Pool
  • Beach Access

Location

  • Ground Level Unit
  • Interior Unit

Utilities

  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 4430090410014

Community Details

Overview

  • Kauai Kailani Community
  • Waipouli Subdivision

Recreation

  • Recreational Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,671

Year Built

Built in 1972

Lot Details

0

HOA Fees

$891 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Reso Fencing: Masonry, Other
  • Road Frontage Type: HIS Almost Oceanfront
  • ResoLotFeatures: Landscaped
  • Attribution Contact: 8086351881
  • Co List Office Phone: 8088701009
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: WAIPOULI
  • Living Area: 590.0
  • Property Attached Yn: Yes
  • Reso Window Features: Drapes
  • Year Built: 1972
  • Tax Year: 2020
  • HIS_PoolYN: Yes
  • Unit Description: Garden, Ground Unit, Inside Unit, Single Family Home, Single Level
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Wireless
  • HIS_Easement: Beach Access
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Range, Refrigerator, Washer/Dryer Stacked
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Flooring: Carpet, Ceramic Tile
  • Total Bathrooms: 1
  • Design: Concrete, Double Wall

Exterior Features

  • View: Garden
  • Pool Features: Outdoor Pool
  • Waterfront: Yes
  • Exterior Features: Recreation Area
  • Roads: Paved

Garage/Parking

  • Parking Features: Unassigned

Utilities

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

Condo/Co-op/Association

  • Association Fee: 891.0
  • Association Fee Frequency: Monthly
  • Project: KAUAI KAILANI

Lot Info

  • Zoning: R-20
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4430090410014
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1671.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2021
Closed on
Sep 6, 2021
Sold by
Mermaid Llc
Bought by
Loucks Stewart E and Loucks Allison M
Seller's Agent
Fran Aki
Pacific Image Properties
Buyer's Agent
Brady Beyers
COMPASS
List Price
$388,000
Sold Price
$347,000
Premium/Discount to List
-$41,000
-10.57%
Total Days on Market
30
Current Estimated Value
$641,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,973
Avg. Annual Appreciation
17.69%
Original Mortgage
$260,250
Outstanding Balance
$247,513
Interest Rate
5.99%
Mortgage Type
New Conventional
Estimated Equity
$390,640

Purchase Details

Closed on
Aug 2, 2018
Sold by
Downs Cline Diane L and Downs Reid Stephen
Bought by
Mermaid Llc
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
Loucks Stewart E $347,000 Or
Mermaid Llc $110,000 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loucks Stewart E $260,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2021 12/09/21 Off Market $347,000 -- --
09/10/2021 09/10/21 Sold $347,000 -10.6% $588 / Sq Ft
07/11/2021 07/11/21 Pending -- -- --
06/11/2021 06/11/21 For Sale $388,000 +71.2% $658 / Sq Ft
10/21/2014 10/21/14 Sold $226,675 0.0% $384 / Sq Ft
10/20/2014 10/20/14 Pending -- -- --
10/19/2014 10/19/14 For Sale $226,675 -- $384 / 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 $3,227 $613,200 -- $613,200
2024 $3,227 $592,200 -- $592,200
2023 $1,957 $411,700 $0 $411,700
2022 $1,957 $323,400 $0 $0
2021 $1,666 $275,400 $0 $0
2020 $1,672 $276,300 $0 $276,300
2019 $1,672 $267,900 $0 $267,900
2018 $1,486 $252,300 $0 $252,300
2017 $1,486 $245,600 $0 $245,600
2016 $1,369 $226,300 $0 $226,300
2015 $680 $224,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 651160

Hawaii Information Service (MLS Hawaii)

APN: 4-4-3-009-041-0014