NOT LISTED FOR SALE

410 Papaloa Rd Unit 525 Kapaa, HI 96746

Wailua-Kauai Neighborhood

Estimated Value: $1,112,000 - $4,314,000

2 Beds
2 Baths
1,072 Sq Ft
$1,370/mo HOA Fee

Last Sold April 27, 2016

Last sale price $760,000 $709 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $14,405/month

334 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Carpet
  • Ocean View
  • Level Lot

About This Home

As of April 2016

VIEW, VIEW, VIEW...This beautiful condo has one of the best views on the island. Looking across the manicured and landscaped lawn you have a beautiful sandy beach good for swimming, boogie boarding or just relaxing. In winter, you can see whales from the lanai. There is a front master bedroom where you can be lulled to sleep with the surf sounds.
Lae nani is known as The Jewel of the Coconut Coast. Visitors remark about how beautiful the grounds and the beach are. Our beach is protected by a point of land which happens to be a religious site for the native Hawaiians (Heiau).
The Kauai bike path is right out front of the condos and goes all the way around the Wailua Bay ending at the Lydgate Beach Park.
Also , on our property we have a lava rock protected wading pool IN the ocean.
The owners did not rent this condo and used it for their own island getaway but our condos rent well year around and this building has some of the most busy rentals.

Cindy Plemer

Premier Kauai Vacation Rentals LLC Brokerage Phone: 8087555961 License #RB-23031 Listed on: 04/01/2015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,905

Year Built

  • Built in 1978

Lot Details

  • Beach Front

HOA Fees

  • $1,370 Monthly HOA Fees

Parking

  • Unassigned Parking

Property Views

  • Ocean
  • Coastline
  • Bay

Home Design

  • Double Stud Wall

Interior Spaces

  • 1,072 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

Utilities

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

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 4430020100076

Community Details

Overview

  • Lae Nani Community
  • Wailua Beach Subdivision

Recreation

  • In Ground Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,905

Year Built

Built in 1978

Lot Details

0

HOA Fees

$1,370 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Road Frontage Type: HIS Almost Oceanfront, HIS Sandy Beach
  • Attribution Contact: 8087555961
  • Co List Office Phone: 8088223100
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: WAILUA BEACH
  • Living Area: 1072.0
  • Property Attached Yn: Yes
  • Year Built: 1978
  • Tax Year: 2014
  • HIS_PoolYN: Yes
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable, DSL, Wireless
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Flooring: Carpet
  • Total Bathrooms: 2
  • Design: Double Wall

Exterior Features

  • Topography: Fairly Level
  • View: Bay, HIS Coastline, HIS Sunrise, Ocean
  • Pool Features: In Ground
  • Waterfront: No
  • Roads: Paved

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: 1370.0
  • Association Fee Frequency: Monthly
  • Project: LAE NANI

Lot Info

  • Zoning: R-20
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4430020100076
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2905.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2015
Closed on
Apr 15, 2016
Sold by
Collet Bette A and Taylor Larry
Bought by
Flarry John A and Flarry Lynnea G
Buyer's Agent
Cindy Plemer
Premier Kauai Vacation Rentals LLC
List Price
$839,000
Sold Price
$760,000
Premium/Discount to List
-$79,000
-9.42%
Total Days on Market
334
Current Estimated Value
$2,105,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,345,965
Avg. Annual Appreciation
7.01%
Original Mortgage
$532,000
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 2, 2009
Sold by
Kedersha Nancy L
Bought by
Kedersha Nancy L

Purchase Details

Closed on
Aug 13, 2008
Sold by
Morrow Christopher
Bought by
Alakai Llc

Purchase Details

Closed on
Apr 10, 1999
Sold by
Shively John Michael and Shively Dorothy Dee
Bought by
Shively John and Shively Dorothy D

Purchase Details

Closed on
Jul 22, 1998
Sold by
S T Exchange Inc
Bought by
Collet Robert C and Collet Bette A

Purchase Details

Closed on
Mar 31, 1998
Sold by
Montgomery Gerald L and Montgomery Diane
Bought by
S T Exchange Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
7%
Mortgage Type
Seller Take Back
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
Flarry John A $760,000 Or
Kedersha Nancy L -- None Available
Alakai Llc $1,000 None Available
Shively John -- --
Shively John -- --
Collet Robert C $242,000 Security Title Corporation
S T Exchange Inc $242,000 Security Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flarry John A $330,000
Closed Flarry John A $532,000
Previous Owner S T Exchange Inc $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2016 07/28/16 Off Market $760,000 -- --
04/27/2016 04/27/16 Sold $760,000 -9.4% $709 / Sq Ft
02/29/2016 02/29/16 Pending -- -- --
04/01/2015 04/01/15 For Sale $839,000 -- $783 / 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 $14,550 $1,318,400 -- $1,318,400
2024 $14,550 $1,276,600 -- $1,276,600
2023 $11,489 $1,166,400 $0 $1,166,400
2022 $8,830 $896,400 $0 $0
2021 $8,417 $854,500 $0 $0
2020 $8,381 $850,900 $0 $850,900
2019 $7,038 $714,500 $0 $714,500
2018 $7,010 $711,700 $70,900 $640,800
2017 $6,411 $724,400 $0 $724,400
2016 $4,139 $684,100 $0 $684,100
2015 $3,504 $655,900 $0 $0
2014 $3,504 $480,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Buyer's Agent in 2016

    Cindy Plemer

    Premier Kauai Vacation Rentals LLC

    (808) 651-8413

    11 in this area

    13 Total Sales

    Cindy Plemer
    Section Image
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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 282968

Hawaii Information Service (MLS Hawaii)

APN: 4-4-3-002-010-0076

Hawaii Kauai County Kapaa 96746 Wailua-Kauai

410 Papaloa Rd Unit 525, Kapaa, HI

This home is located at 410 Papaloa Rd Unit 525, Kapaa, HI 96746 since 01 April 2015 and is currently estimated at $2,105,965, approximately $1,964 per square foot. This property was built in 1978. 410 Papaloa Rd Unit 525 is a home located in Kauai County with nearby schools including Kapa'a Elementary School, Kapa'a Middle School, and Kapa'a High School.

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