NOT LISTED FOR SALE

410 Papaloa Rd Unit 531 Kapaa, HI 96746

Wailua-Kauai Neighborhood

Estimated Value: $1,516,999 - $1,675,000

2 Beds
2 Baths
1,072 Sq Ft
$1,325/mo HOA Fee

Last Sold March 22, 2019

Last sale price $950,000 $886 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $11,622/month

217 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • End Unit
  • Ocean View
  • Gated Community
  • Ceramic Tile Flooring

About This Home

As of March 2019

Ocean front two bedroom condo on the beautiful Coconut Coast of Kauai. Completely upgraded and refurbished
One of Kauai's most desirable resort condos on a golden sand beach.
•Complete remodel & kitchen reconfiguration
•Top floor & corner unit
•New paint
•Furnished turn key
•Cumaru wood floors (Brazilian Teak)
•Double size water heater
•52 bottle Vinotemp wine cooler
•Best location on the Coconut Coast

John Friedman

Kauai Aloha Real Estate, Inc. Brokerage Phone: 8086399090 License #RB-22460 Listed on: 06/19/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,433

Year Built

  • Built in 1978

Lot Details

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

HOA Fees

  • $1,325 Monthly HOA Fees

Parking

  • Unassigned Parking

Property Views

  • Ocean
  • Coastline

Home Design

  • 1,072 Sq Ft Home
  • Wood Frame Construction
  • Double Stud Wall

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Gunite Pool

Utilities

  • No Cooling
  • No Heating
  • Underground Utilities
  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 4430020100078

Community Details

Overview

  • Lae Nani Community
  • Wailua Beach Subdivision

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,433

Year Built

Built in 1978

Lot Details

0

HOA Fees

$1,325 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Road Frontage Type: HIS Almost Oceanfront, HIS Sandy Beach
  • ResoSecurityFeatures: Gated Community
  • Attribution Contact: 8086399090
  • Co List Office Phone: 8088223100
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: WAILUA BEACH
  • Living Area: 1072.0
  • Property Attached Yn: Yes
  • Reso Window Features: Window Coverings
  • Year Built: 1978
  • Tax Year: 2017
  • HIS_PoolYN: Yes
  • Unit Description: End Unit, Even Number Unit
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: County-Charge
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable, DSL
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Wine Cooler
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Total Bathrooms: 2
  • Design: Double Wall, Wood Frame

Exterior Features

  • View: HIS Coastline, HIS Sunrise, Ocean, Ocean Horizon
  • Pool Features: Gunite, In Ground, Outdoor Pool
  • Waterfront: No
  • Roads: County, Paved, Street Lights

Garage/Parking

  • Parking Features: Unassigned

Utilities

  • Cooling: None
  • Heating: None
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1324.55
  • Association Fee Frequency: Monthly
  • Project: LAE NANI

Lot Info

  • Zoning: R-20
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4430020100078
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6433.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2024
Sold by
Harmon Steven L and Harmon Shelly A
Bought by
Mtcl Holdings Llc
Total Days on Market
217
Current Estimated Value
$1,605,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,220,000
Outstanding Balance
$1,206,274
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$398,726

Purchase Details

Listed on
Jun 19, 2018
Closed on
Mar 15, 2019
Sold by
Bell Robert J and Bell Karen A
Bought by
Harmon Steven L and Harmon Shelly A
Buyer's Agent
John Friedman
Kauai Aloha Real Estate, Inc.
List Price
$987,000
Sold Price
$950,000
Premium/Discount to List
-$37,000
-3.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.81%
Original Mortgage
$665,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2003
Sold by
Bell Robert J and Bell Karen A
Bought by
Bell Robert J and Bell Karen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2001
Sold by
Bell Robert J and Bell Karen A
Bought by
Bell Robert J and Bell Karen A

Purchase Details

Closed on
Oct 12, 2000
Sold by
Grantell Associates
Bought by
Bell Robert J and Bell Karen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 18, 2000
Sold by
Granatell Lillian and Granatell Michael
Bought by
Granatell Associates

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8%
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 Buyer Sale Price Title Company
Mtcl Holdings Llc -- Old Republic Title
Harmon Steven L $950,000 Or
Bell Robert J -- --
Bell Robert J -- --
Bell Robert J -- --
Bell Robert J $375,000 First Hawaii Title Corp
Granatell Associates $1,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mtcl Holdings Llc $1,220,000
Previous Owner Harmon Steven L $669,000
Previous Owner Harmon Steven L $665,000
Previous Owner Harmon Steven L $665,000
Previous Owner Bell Robert J $301,000
Previous Owner Bell Robert J $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2019 03/22/19 Sold $950,000 -3.7% $886 / Sq Ft
01/22/2019 01/22/19 Pending -- -- --
06/19/2018 06/19/18 For Sale $987,000 -- $921 / 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 $15,443 $1,405,800 -- $1,405,800
2024 $15,443 $1,352,600 -- $1,352,600
2023 $12,035 $1,221,800 $0 $1,221,800
2022 $9,295 $943,700 $0 $0
2021 $8,864 $899,900 $0 $0
2020 $8,858 $899,300 $0 $899,300
2019 $8,858 $717,500 $0 $717,500
2018 $6,434 $714,200 $65,800 $648,400
2017 $6,434 $727,000 $0 $727,000
2016 $6,078 $686,800 $0 $686,800
2015 $2,913 $658,400 $0 $0
2014 $3,504 $482,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 618935

Hawaii Information Service (MLS Hawaii)

APN: 4-4-3-002-010-0078