$960,000
SOLD OCT 26, 2023

4-900 Kuhio Hwy Unit 307 Kapaa, HI 96746

Wailua-Kauai Neighborhood
2 Beds
2 Baths
909 Sq Ft
$1,562/mo HOA Fee

Recently Sold

$1,056 Per Sq Ft

4% Below List Price

8 Days on Market

About This Home

As of October 2023

Once in a Blue Moon Offering! Wow! Here it is, the one you have been waiting for.
Rare, Oceanfront, 2BR, 2B, Top Floor, Private Lanai, Fee Simple Condo at the Kapaa Shores in Down Town Kapaa. The condo is upgraded and tastefully appointed and while it is currently a successful vacation rental, you can make it your permanent home or come and go as you like...Flexibility!

Featuring 180-degree unobstructed Ocean Front View, this is as physically close to the ocean as a building can be on the island of Kauai. Enjoy watching the whales and turtles swim by or enjoy your morning Java and the orange and purple sunrises from your private lanai perched above the beach.
Tradewinds keep you cool, comfortable and fresh...this is Paradise!

As a two-floor unit, there is good separation between each of the bedrooms allowing for privacy and quiet for you and your guests. Kapaa Shores is close to restaurants and shopping; the coastal 8-mile bike and walking path, known as Ke Ala Hele Makalae, starts at Kapaa Shores and ends at Donkey Beach going North. There are nearby beaches for swimming, snorkeling, surfing, paddle boarding, kite surfing, or just for chilling. Or, enjoy the on-site amenities including the heated pool, jacuzzi, barbecues, and shuffleboard.

This unit features vaulted ceilings, has been nicely upgraded. The Condo is being offered fully furnished.

Upgrades include:
* Tile Flooring
* Engineered Wood flooring
* Upgraded granite countertops in kitchen & baths
* Appliances which include refrigerator, stove, microwave, and toaster oven
* Upgraded light fixtures and fans throughout
* Hawaiian-style wall art
* Upgraded cabinets in the guest bath
* Upgraded tile shower in both bathrooms
* Bonus owner's closet to store your personal items

This unit is an Active Vacation Rental and booked well into 2024 with future bookings.

Last Agent to Sell the Property

Parker Price

Coldwell Banker Island Properties - Kauai Brokerage Phone: 8083468717 License #RS-81938 Listed on: 09/15/2023

Coldwell Banker Island Properties - Kauai

Last Buyer's Agent

Lori Benkert

Wai'oli Properties License #RB-22897

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,665

Year Built

  • Built in 1976

HOA Fees

  • $1,562 Monthly HOA Fees

Parking

  • Unassigned Parking

Home Design

  • 909 Sq Ft Home

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Upper Level
  • Underground Utilities

Community Details

  • Kapaa Shores Community
  • Waipouli Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 4430090040027

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,665

Year Built

Built in 1976

Lot Details

0

HOA Fees

$1,562 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Attribution Contact: 8083468717
  • Co List Office Phone: 8088225876
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: WAIPOULI
  • Living Area: 909.0
  • Property Attached Yn: Yes
  • Year Built: 1976
  • Tax Year: 2023
  • HIS_PoolYN: No
  • Unit Description: High Floor Unit
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_OtherBuildingArea: 100
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2

Exterior Features

  • Waterfront: No
  • Roads: None

Garage/Parking

  • Parking Features: Unassigned

Utilities

  • Utilities: Electricity Available, Sewer Connected, Underground Utilities

Condo/Co-op/Association

  • Association Fee: 1562.0
  • Association Fee Frequency: Monthly
  • Project: KAPAA SHORES

Lot Info

  • Zoning: R-20
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4430090040027
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3665.13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2023
Closed on
Oct 20, 2023
Sold by
Fevery Patrick Edmond and Fevery Haiping
Bought by
Nash Bryce Trevor and Nash Jessica Anne
Seller's Agent
Parker Price
Coldwell Banker Island Properties - Kauai
Buyer's Agent
Lori Benkert
Wai'oli Properties
List Price
$998,000
Sold Price
$960,000
Premium/Discount to List
-$38,000
-3.81%
Current Estimated Value
$984,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,446
Avg. Annual Appreciation
3.43%

Purchase Details

Listed on
Jul 24, 2021
Closed on
Jan 13, 2023
Sold by
Pamela Aolea Varma Profit Sharing Trust
Bought by
Fevery Patrick Edmond and Zheng Haiping
Seller's Agent
Ronnie Margolis
eXp Realty
Buyer's Agent
Jordan McMurdie
eXp Realty
List Price
$699,000
Sold Price
$610,000
Premium/Discount to List
-$89,000
-12.73%
Views
159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
81.61%

Purchase Details

Closed on
Oct 7, 2021
Sold by
S Otsuka Estate Inc
Bought by
Pamela Aolea Varma Profit Sharing Trust
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
Exchange Deed -- Old Republic Title
Exchange Deed -- Old Republic Title
Deed -- Title Guaranty & Escrow Servic
Special Warranty Deed -- Title Guaranty & Escrow Servic
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2024 11/05/24 Off Market $610,000 -- --
10/26/2023 10/26/23 Sold $960,000 -3.8% $1,056 / Sq Ft
09/23/2023 09/23/23 Pending -- -- --
09/15/2023 09/15/23 For Sale $998,000 +63.6% $1,098 / Sq Ft
04/23/2023 04/23/23 Off Market $610,000 -- --
01/23/2023 01/23/23 Sold $610,000 -12.7% $671 / Sq Ft
07/12/2021 07/12/21 For Sale $699,000 +191.3% $769 / Sq Ft
09/08/2014 09/08/14 Sold $240,000 -5.9% $264 / Sq Ft
07/25/2014 07/25/14 Pending -- -- --
07/25/2014 07/25/14 For Sale $255,000 -- $281 / 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 $8,639 $925,300 -- $925,300
2024 $8,639 $764,500 -- $764,500
2023 $3,665 $672,500 $0 $672,500
2022 $3,586 $592,800 $0 $0
2021 $3,096 $511,700 $0 $0
2020 $3,079 $508,900 $0 $508,900
2019 $3,432 $567,200 $0 $567,200
2018 $2,858 $472,400 $0 $472,400
2017 $2,687 $444,200 $0 $444,200
2016 $2,302 $380,500 $0 $380,500
2015 $1,146 $378,700 $0 $0
2014 $1,900 $334,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 704073

Hawaii Information Service (MLS Hawaii)

APN: 4-4-3-009-004-0027