410 Papaloa Rd Unit 123 Kapaa, HI 96746
Wailua-Kauai Neighborhood
1
Bed
1.5
Baths
808
Sq Ft
$1,007/mo
HOA Fee
Highlights
- Ocean View
- In Ground Pool
- Carpet
About This Home
As of August 2021Unobstructed coastline, sunrise and mountain views are enjoyed from this elegant top-floor vacation rental unit in the beautiful Lae Nani condominium complex. Located in Lae Nani’s only 2-story building, this unit is one of only four in the project offering all of the benefits of upper floor living – enhanced views, better air flow, higher ceilings, excellent privacy and great security – while being located on just the second floor with no noisy neighbors above.
A spacious, open-concept 1-BR floor plan allows for the terrific views to be enjoyed from kitchen, living room and dining room, in addition to the oversized covered lanai. Being sold completely furnished, this highly successful vacation rental property is an excellent turnkey opportunity for those seeking a vacation property with big views offering comfortable oceanfront living at a great value, plus the added benefit of meaningful rental income when the unit is not being used personally.
Truly one of the island’s most alluring complexes, Lae Nani is a expansive 4.6-acre beachfront project with meticulously manicured tropical foliage and an ambiance that exudes “Hawaii.” Owners and visitors alike share in the various amenities, including the heated oceanfront pool, tennis court, park-like grounds, sandy beach and gentle waters of the baby pond. Meanwhile, some of Kauai’s most popular restaurants, bars, shops and activities rest in very short walking, biking or driving distance, available to be enjoyed at a moment’s notice.
Last Agent to Sell the Property
COMPASS Brokerage Phone: 8082827981 License #RB-21662 Listed on: 08/16/2018
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,367
Year Built
- Built in 1978
HOA Fees
- $1,007 Monthly HOA Fees
Parking
- Unassigned Parking
Property Views
- Ocean
- Coastline
- Bay
- Mountain
Interior Spaces
- 808 Sq Ft Home
- Carpet
Kitchen
- Range
- Built-In Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
Utilities
- Underground Utilities
- Phone Available
- Cable TV Available
Additional Features
- In Ground Pool
- Property fronts a county road
Community Details
- Lae Nani Community
- Wailua Beach Subdivision
Listing and Financial Details
- Property is used as a vacation rental
- Assessor Parcel Number 4430020100007
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 23, 2024
Sold by
Allen Roger and Allen Brenda
Bought by
Mayogn Hawaii Properties Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$735,000
Outstanding Balance
$729,395
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$424,524
Purchase Details
Closed on
Jun 16, 2024
Sold by
Blue Sky Endeavors Trust and Allen Roger
Bought by
Allen Roger and Allen Brenda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$735,000
Outstanding Balance
$729,395
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$424,524
Purchase Details
Listed on
Aug 16, 2018
Closed on
Dec 13, 2018
Sold by
Katz Irving R and Katz Kristine N
Bought by
Sorgenfrei John
Seller's Agent
James Karlovsky
COMPASS
Buyer's Agent
Palo Luckett
Hawaii Life
List Price
$625,000
Sold Price
$625,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.74%
Purchase Details
Closed on
Jan 27, 2007
Sold by
Katz Irving Rudolf and Katz Kristine Nichols
Bought by
Katz Irving R and Katz Kristine N
Purchase Details
Closed on
Feb 20, 2006
Sold by
Smith Robert V and Smith Josephine M
Bought by
Katz Irving Rudolf and Katz Kristine Nichols
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,800
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac
Similar Homes in Kapaa, HI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Old Republic Title | |
| Deed | -- | Accommodation/Courtesy Recordi | |
| Deed | -- | Or | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Deed | $761,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $735,000 | New Conventional | |
| Previous Owner | $608,800 | Fannie Mae Freddie Mac |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/04/2021 08/04/21 | Sold | $660,000 | -1.3% | $817 / Sq Ft |
| 07/02/2021 07/02/21 | Pending | -- | -- | -- |
| 05/18/2021 05/18/21 | For Sale | $669,000 | +7.0% | $828 / Sq Ft |
| 12/31/2018 12/31/18 | Sold | $625,000 | 0.0% | $774 / Sq Ft |
| 11/10/2018 11/10/18 | Pending | -- | -- | -- |
| 08/16/2018 08/16/18 | For Sale | $625,000 | -- | $774 / Sq Ft |
Source: Hawaii Information Service (MLS Hawaii)
Tax History Compared to Growth
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 | $10,542 | $1,014,800 | -- | $1,014,800 |
| 2024 | $10,542 | $932,900 | -- | $932,900 |
| 2023 | $7,743 | $786,100 | $0 | $786,100 |
| 2022 | $6,468 | $656,600 | $0 | $0 |
| 2021 | $5,967 | $605,800 | $0 | $0 |
| 2020 | $6,044 | $613,600 | $0 | $613,600 |
| 2019 | $6,044 | $467,800 | $0 | $467,800 |
| 2018 | $3,542 | $443,400 | $51,400 | $392,000 |
| 2017 | $3,542 | $400,200 | $0 | $400,200 |
| 2016 | $2,951 | $333,500 | $33,500 | $300,000 |
| 2015 | $1,476 | $395,400 | $0 | $0 |
| 2014 | $2,548 | $333,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
H
Seller's Agent in 2021
Haunani Sullivan R(S)
COMPASS
(808) 913-1548
4 in this area
16 Total Sales
-
T
Buyer's Agent in 2021
Tina Funk
Blue Jade Real Estate
(360) 904-2454
13 in this area
26 Total Sales
-
Seller's Agent in 2018
James Karlovsky
COMPASS
(808) 282-7981
2 in this area
48 Total Sales
-
P
Buyer's Agent in 2018
Palo Luckett
Hawaii Life
(808) 652-4183
2 in this area
14 Total Sales
Map
Source: Hawaii Information Service (MLS Hawaii)
MLS Number: 619903
APN: 4-4-3-002-010-0007
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IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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