NOT LISTED FOR SALE

440 Aleka Place Unit 116 Kapaa, HI 96746

Estimated Value: $445,000 - $503,062

-- Bed
1 Bath
372 Sq Ft
$877/mo HOA Fee

Last Sold January 06, 2023

Last sale price $410,000 $1,102 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,867/month

70 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • Carpet

About This Home

As of January 2023

LOWEST PRICED Islander On The Beach currently on the market! Here is your chance to own a well-established vacation rental condo on Kaua'i!

Step right out of this quaint ground floor studio condo on to the surrounding lush tropical grounds. Condo #116 is located in the Hawaii Building on the north side of the complex. The lanai overlooks the wide-open beautifully landscaped lawn area without the obstruction of neighboring buildings. This condo is officially considered a garden view unit, but you have the treat of seeing the ocean from your lanai! Take in the ocean views and hear the waves crashing on the beach. Just steps from the crystal clear blue waters of the pool and jacuzzi with the sandy beach just beyond the palm trees. Relax on the beach or enjoy a scenic cruise on the Kauai Coastal Path.

This incredible vacation rental is furnished and offered fully turn-key!

Islander is centrally located, you and your guests will have easy access to all Kauai has to offer. Located right next to the Coconut Marketplace, you can walk to the shops, restaurants, and bars. Also, you can quickly jump on the Kauai Coastal Path for an easy coastline stroll, bike ride, or a high-paced run with amazing views. Don't forget about the Tiki Bar adjacent to the pool and jacuzzi to wrap up your day and take in the sunset.

Last Agent to Sell the Property

Greg Bloss

Aloha Sotheby's Intl Realty - Kaua'i Brokerage Phone: 8086528101 License #RB-21416 Listed on: 10/04/2022

Aloha Sotheby's Intl Realty - Kaua'i

Last Buyer's Agent

Nancy Williams

Reside Kauai, LLC License #RB-23747

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,819

Year Built

  • Built in 1970

Lot Details

  • Ocean Front
  • Property fronts a private road
  • Property fronts a county road

HOA Fees

  • $877 Monthly HOA Fees

Parking

  • Unassigned Parking

Property Views

  • Ocean
  • Coastline

Home Design

  • Double Stud Wall

Interior Spaces

  • 1 Full Bathroom
  • 372 Sq Ft Home
  • Blinds
  • Carpet
  • Microwave

Pool

  • In Ground Pool

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Community Details

  • Islander On The Beach Community
  • Wailua Beach Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 4430020130035

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,819

Year Built

Built in 1970

Lot Details

0

HOA Fees

$877 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Road Frontage Type: HIS Almost Oceanfront
  • Attribution Contact: 8086528101
  • Co List Office Phone: 8088267211
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: WAILUA BEACH
  • Living Area: 372.0
  • Property Attached Yn: Yes
  • Reso Window Features: Blinds
  • Year Built: 1970
  • Tax Year: 2022
  • HIS_PoolYN: Yes
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable
  • HIS_Easement: Other (remarks)
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Microwave, Refrigerator
  • Full Bathrooms: 1
  • Flooring: Carpet
  • Total Bathrooms: 1
  • Design: Double Wall

Exterior Features

  • View: HIS Coastline, HIS Sunrise, Ocean, Ocean Horizon
  • Pool Features: In Ground
  • Waterfront: No
  • Roads: County, Paved, Private

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: 877.12
  • Association Fee Frequency: Monthly
  • Project: ISLANDER ON THE BEACH

Lot Info

  • Zoning: RR-20
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4430020130035
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2819.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2022
Closed on
Dec 29, 2022
Sold by
Leonov Family Rust
Bought by
Richardson Douglas Paul and Richardson Valerie Jean
Seller's Agent
Greg Bloss
Aloha Sotheby's Intl Realty - Kaua'i
Buyer's Agent
Nancy Williams
Reside Kauai, LLC
List Price
$529,000
Sold Price
$410,000
Premium/Discount to List
-$119,000
-22.5%
Views
91
Current Estimated Value
$473,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,021
Avg. Annual Appreciation
5.54%

Purchase Details

Closed on
Dec 13, 2016
Sold by
Leonov Victor and Leonova Veronica
Bought by
Leonov Victor and Leonova Veronica

Purchase Details

Closed on
May 2, 2005
Sold by
Old Island Llc
Bought by
Leonov Victor and Leonova Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
5.25%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Richardson Douglas Paul -- Old Republic Title
Leonov Victor -- Accommodation
Leonov Victor $220,000 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leonov Victor $154,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2024 10/04/24 Off Market $410,000 -- --
04/06/2023 04/06/23 Off Market $410,000 -- --
01/06/2023 01/06/23 Sold $410,000 +2.8% $1,102 / Sq Ft
12/07/2022 12/07/22 Price Changed $399,000 -9.3% $1,073 / Sq Ft
10/04/2022 10/04/22 Price Changed $440,000 -16.8% $1,183 / Sq Ft
09/29/2022 09/29/22 For Sale $529,000 -- $1,422 / 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 $5,188 $484,500 $28,700 $455,800
2024 $5,188 $441,500 $28,700 $412,800
2023 $4,413 $406,700 $28,700 $378,000
2022 $2,820 $259,900 $0 $0
2021 $2,436 $224,500 $0 $0
2020 $2,417 $222,800 $28,700 $194,100
2019 $2,218 $204,400 $0 $204,400
2018 $1,804 $166,300 $0 $166,300
2017 $1,805 $166,400 $0 $166,400
2016 $1,558 $143,600 $0 $143,600
2015 $643 $145,400 $0 $0
2014 $565 $154,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 665647

Hawaii Information Service (MLS Hawaii)

APN: 4-4-3-002-013-0035