NOT LISTED FOR SALE

440 Aleka Place Unit 120 Kapaa, HI 96746

Estimated Value: $466,000 - $496,451

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

Last Sold May 08, 2023

Last sale price $450,000 $1,210 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,922/month

66 Days on Market

About This Home

As of May 2023

Welcome to your very own slice of paradise! This fully furnished oceanfront studio boasts 372 square feet of luxurious living space, perfectly situated on the ground floor for easy access to the beach.

As you step inside, you'll be greeted by a cozy yet spacious interior, complete with a convenient wet bar for all your refreshment needs. The split AC ensures that you'll stay cool and comfortable, no matter what the weather brings. And when it's time to relax, you can step outside onto the lanai and soak in the ocean view.

High walkability, just a short morning walk to your favorite coffee, you'll have many beach options to relax for the day, and easy access to the Coconut Marketplace (TONS of food and shopping options, bike, snorkel rental and more), Hukilau Lanai (fine dining) and Lava Lava Beach Club (oceanfront cocktails and pupus).

Last Agent to Sell the Property

Michael Ambrose

Keller Williams Honolulu Brokerage Phone: 8088550777 License #RS-82434 Listed on: 02/23/2023

Keller Williams Honolulu

Last Buyer's Agent

Leah Ragsac

Kauai Realty, Inc. License #RB-24509

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,945

Year Built

  • Built in 1970

Lot Details

  • 5.93

HOA Fees

  • $877 Monthly HOA Fees

Parking

  • Unassigned Parking

Home Design

  • 372 Sq Ft Home

Additional Features

  • Microwave
  • 1 Full Bathroom
  • Underground Utilities

Community Details

  • Islander On The Beach Community
  • Wailua Beach Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 4430020130039

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,945

Year Built

Built in 1970

Lot Details

0

HOA Fees

$877 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Attribution Contact: 8088550777
  • Co List Office Phone: 8085962888
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: WAILUA BEACH
  • Living Area: 372.0
  • Property Attached Yn: Yes
  • Year Built: 1970
  • Tax Year: 2022
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Exterior Features

  • Waterfront: No
  • Roads: Paved

Garage/Parking

  • Parking Features: Unassigned

Utilities

  • Cooling: Cash
  • Utilities: Electricity Available, Sewer Connected, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 877.0
  • Association Fee Frequency: Monthly
  • Project: ISLANDER ON THE BEACH

Lot Info

  • Zoning: RR-20
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4430020130039
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2945.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2025
Sold by
Erick Peterson Revocable Trust and Peterson Erick
Bought by
Benja Peterson Revocable Trust and Peterson
Current Estimated Value
$478,817

Purchase Details

Listed on
Feb 23, 2023
Closed on
Apr 29, 2023
Sold by
Roland Adonna Jean
Bought by
Benja Peterson Revocable Trust and Erick Peterson Revocable Trust
Seller's Agent
Michael Ambrose
Keller Williams Honolulu
Buyer's Agent
Leah Ragsac
Kauai Realty, Inc.
List Price
$450,000
Sold Price
$450,000
Views
356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.71%

Purchase Details

Closed on
Mar 2, 2005
Sold by
Old Island Llc
Bought by
Roland Adonna Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Benja Peterson Revocable Trust -- None Listed On Document
Benja Peterson Revocable Trust -- Old Republic Title
Roland Adonna Jean $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roland Adonna Jean $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2023 08/06/23 Off Market $450,000 -- --
05/08/2023 05/08/23 Sold $450,000 0.0% $1,210 / Sq Ft
05/08/2023 05/08/23 Off Market $450,000 -- --
01/30/2023 01/30/23 For Sale $450,000 -- $1,210 / 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 $5,297 $495,500 $28,700 $466,800
2024 $5,297 $450,800 $28,700 $422,100
2023 $2,946 $453,000 $28,700 $424,300
2022 $2,946 $271,500 $0 $0
2021 $2,583 $238,100 $0 $0
2020 $3,021 $278,400 $28,700 $249,700
2019 $2,319 $213,700 $0 $213,700
2018 $1,905 $175,600 $0 $175,600
2017 $1,887 $173,900 $0 $173,900
2016 $1,638 $151,000 $0 $151,000
2015 $685 $154,900 $0 $0
2014 $651 $160,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Ambrose

    Seller's Agent in 2023

    Michael Ambrose

    Keller Williams Honolulu

    (808) 855-0777

    55 Total Sales

    Michael Ambrose
    Section Image

  • L

    Buyer's Agent in 2023

    Leah Ragsac

    Kauai Realty, Inc.

    (808) 212-4086

    63 Total Sales

    Leah Ragsac
    Section Image
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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 667829

Hawaii Information Service (MLS Hawaii)

APN: 4-4-3-002-013-0039

Hawaii Kauai County Kapaa 96746

440 Aleka Place Unit 120, Kapaa, HI

This home is located at 440 Aleka Place Unit 120, Kapaa, HI 96746 since 23 February 2023 and is currently estimated at $478,817, approximately $1,287 per square foot. This property was built in 1970. 440 Aleka Place Unit 120 is a home located in Kauai County with nearby schools including Kapa'a Elementary School, Kapa'a Middle School, and Kapa'a High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hawaii Information Service (MLS Hawaii) Copyright 2025 MLS Hawaii, Inc. All rights reserved.

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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