NOT LISTED FOR SALE

440 Aleka Place Unit 114 Kapaa, HI 96746

Wailua-Kauai Neighborhood

Estimated Value: $441,000 - $460,000

-- Bed
1 Bath
372 Sq Ft
$852/mo HOA Fee

Last Sold August 26, 2021

Last sale price $250,000 $672 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,810/month

350 Days on Market

Highlights

  • Ocean Front
  • Ceramic Tile Flooring
  • High Speed Internet
  • ADA Compliant

About This Home

As of August 2021

Islander on the Beach (IOB), is a 3-star, Fee Simple, beachfront resort condominium project located on the Coconut Coast of Kauai.

Known for their exceptionally reasonable nightly rates IOB is centrally located in the town of Kapaa. Islander on the Beach absolutely shines as an exceptional alternative to higher priced accommodations. The units within the project generally maintain excellent occupancy rates and attract both new and seasoned travelers alike. Visitors often return year after year, to this special locale. This unit is currently in the onsite Aston Resorts program.

Location Location- Walking distance, to Grocery and clothes shopping, restaurants, taverns, seafood outlets, coffee houses, entertainment, great fishing and more, combined with the six acres of landscaped gardens and stunning Orchid collection, onsite swimming pool and pool bar, will make Islander on the Beach memorable for you, your family, friends, acquaintances, business associates and any one who makes the decision to come visit "Your personal slice of paradise".

This particular unit, Islander on The Beach #114, is perfectly situated on the ground floor of the Lobby building is a corner unit with a side window letting the natural light come in and is ADA accessible. This fully furnished, air-conditioned, turnkey vacation rental. This unit enjoys Travertine floor, Onyx backsplash, Granite counter-tops, & wet-bar with refrigerator. Teak furnishings with a tropical motifs make your guests just as comfortable as they are rejuvenated. So sit back on the lanai and relax with your favorite beverage in hand. Feel the tempo of the waves, and the smells of tropical flowers drifting upon the trade-winds as you gaze upon the deep blue of the Pacific." Kauai, No Ka Oi" (No Place Better)!

Last Agent to Sell the Property

John Friedman

Kauai Aloha Real Estate, Inc. Brokerage Phone: 8086519506 License #RS-57897 Listed on: 08/19/2020

Last Buyer's Agent

John Friedman

Kauai Aloha Real Estate, Inc. Brokerage Phone: 8086519506 License #RS-57897 Listed on: 08/19/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,350

Year Built

  • Built in 1970

Lot Details

  • 6

HOA Fees

  • $852 Monthly HOA Fees

Parking

  • Unassigned Parking

Interior Spaces

  • 1 Full Bathroom
  • 372 Sq Ft Home
  • 1-Story Property
  • Drapes & Rods
  • Ceramic Tile Flooring

Utilities

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

Additional Features

  • ADA Compliant
  • Ocean Front

Community Details

  • Islander On The Beach Community
  • Wailua Beach Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 4430020130012

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,350

Year Built

Built in 1970

Lot Details

0

HOA Fees

$852 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Road Frontage Type: HIS Almost Oceanfront
  • Attribution Contact: 8086519506
  • Co List Office Phone: 8086511276
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: WAILUA BEACH
  • Reso Interior Features: ADA Accessible
  • Living Area: 372.0
  • Property Attached Yn: Yes
  • Reso Window Features: Drapes
  • Year Built: 1970
  • Tax Year: 2020
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Other (remarks)
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: T1 and Higher
  • HIS_Easement: Other (remarks)
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: None
  • Full Bathrooms: 1
  • Flooring: Ceramic Tile
  • Stories: 1
  • Total Bathrooms: 1

Exterior Features

  • Waterfront: No
  • Roads: Paved

Garage/Parking

  • Parking Features: Unassigned

Utilities

  • Cooling: Cash
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities

Condo/Co-op/Association

  • Association Fee: 851.57
  • Association Fee Frequency: Monthly
  • Project: ISLANDER ON THE BEACH

Lot Info

  • Zoning: RR-20
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4430020130012
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 2350.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2022
Sold by
Stewart Weiss Brian
Bought by
Brian Stewart Weiss Revocable Trust
Total Days on Market
350
Current Estimated Value
$450,854

Purchase Details

Listed on
Aug 19, 2020
Closed on
Aug 20, 2021
Sold by
Rajic Aaron Meir and Dickey Marchelle Lea
Bought by
Weiss Brian Stewart
Seller's Agent
John Friedman
Kauai Aloha Real Estate, Inc.
Buyer's Agent
John Friedman
Kauai Aloha Real Estate, Inc.
List Price
$240,000
Sold Price
$250,000
Premium/Discount to List
$10,000
4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.96%

Purchase Details

Listed on
Nov 14, 2013
Closed on
May 15, 2014
Sold by
Mann Frank Johnson and Mann Deborah Jolley
Bought by
Rajic Aaron Meir
Seller's Agent
JJ Leininger
Hawaii Life
Buyer's Agent
John Friedman
Kauai Aloha Real Estate, Inc.
List Price
$158,000
Sold Price
$135,000
Premium/Discount to List
-$23,000
-14.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.85%

Purchase Details

Listed on
Nov 14, 2013
Closed on
May 14, 2014
Sold by
Rajic Aaron Meir
Bought by
Rajic Aaron Meir and Dickey Marchelle Lea
Seller's Agent
JJ Leininger
Hawaii Life
Buyer's Agent
John Friedman
Kauai Aloha Real Estate, Inc.
List Price
$158,000
Sold Price
$135,000
Premium/Discount to List
-$23,000
-14.56%

Purchase Details

Closed on
Aug 17, 2011
Sold by
Pacific Rim Bank
Bought by
Mann Frank Johnson and Mann Deborah Jolley

Purchase Details

Closed on
Jun 15, 2005
Sold by
Old Island Llc
Bought by
Core Patrick John and Core Heather Paige

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,250
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac
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
Brian Stewart Weiss Revocable Trust -- Robert Y Nakamoto Jr Lllc
Brian Stewart Weiss Revocable Trust -- Robert Y Nakamoto Jr Lllc
Weiss Brian Stewart $250,000 Fntic
Rajic Aaron Meir $135,000 Or
Rajic Aaron Meir -- Accommodation
Mann Frank Johnson $70,000 None Available
Core Patrick John $227,500 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weiss Brian Stewart $150,000
Previous Owner Core Patrick John $159,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2021 11/24/21 Off Market $250,000 -- --
08/26/2021 08/26/21 Sold $250,000 +4.2% $672 / Sq Ft
08/04/2021 08/04/21 Pending -- -- --
08/19/2020 08/19/20 For Sale $240,000 +77.8% $645 / Sq Ft
05/23/2014 05/23/14 Sold $135,000 -14.6% $363 / Sq Ft
05/05/2014 05/05/14 Pending -- -- --
11/14/2013 11/14/13 For Sale $158,000 -- $425 / 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 $5,121 $480,900 $28,700 $452,200
2024 $5,121 $435,800 $28,700 $407,100
2023 $3,837 $353,600 $28,700 $324,900
2022 $2,839 $261,700 $0 $0
2021 $2,337 $215,400 $0 $0
2020 $2,350 $216,600 $28,700 $187,900
2019 $1,656 $152,600 $0 $152,600
2018 $1,658 $165,300 $0 $165,300
2017 $1,658 $152,800 $0 $152,800
2016 $1,558 $143,600 $0 $143,600
2015 $627 $141,700 $0 $0
2014 $537 $148,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Friedman

    Seller's Agent in 2021

    John Friedman

    Kauai Aloha Real Estate, Inc.

    (808) 651-9506

    13 in this area

    21 Total Sales

    John Friedman
    Section Image

  • J

    Seller's Agent in 2014

    JJ Leininger

    Hawaii Life

    (808) 635-6580

    4 in this area

    38 Total Sales

    JJ Leininger
    Section Image
See All Agents

Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 641637

Hawaii Information Service (MLS Hawaii)

APN: 4-4-3-002-013-0012

Hawaii Kauai County Kapaa 96746 Wailua-Kauai

440 Aleka Place Unit 114, Kapaa, HI

This home is located at 440 Aleka Place Unit 114, Kapaa, HI 96746 since 19 August 2020 and is currently estimated at $450,854, approximately $1,211 per square foot. This property was built in 1970. 440 Aleka Place Unit 114 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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