NOT LISTED FOR SALE

440 Aleka Place Unit 170 Kapaa, HI 96746

Wailua-Kauai Neighborhood

Estimated Value: $458,000 - $479,127

-- Bed
1 Bath
372 Sq Ft
$699/mo HOA Fee

Last Sold March 22, 2013

Last sale price $94,000 $253 Per Sq Ft

Est. 395% increase in value since last sale

Current estimated payment $3,745/month

5 Days on Market

Highlights

  • Beach Access
  • Landscaped
  • Level Lot
  • Pool and Spa

About This Home

As of March 2013

Nicely upgraded, well-maintained ground floor condo with a partial ocean view from the lanai. Two beds can sleep four total. Quality island furnishings, a kitchenette with small frig and microwave, easy beach and pool access, and whale watching from the beach in season all win great reviews for this property from rental guests. New-er AC.

Ten minutes from the Lihue airport, Islander on the Beach is a Hawaiian-style resort located on six acres of beautiful oceanfront property with landscaped gardens, swimming pool and pool-side bar, guest BBQs and laundry room, direct beach access, short walk to good restaurants and shops, and more.

Note: The monthly condo association fee here INCLUDES the unit's electrical usage which is a substantial owner expense not covered by most Kauai condo associations.

Unit 170 is on the ground floor of Maui Bldg so the exterior can be viewed anytime. See photos for the property map showing buildings and unit numbers.

NOT a Short Sale or REO.
This unit is a popular vacation rental. Rental information to be provided in Escrow. Buyer to honor existing reservations.

ALL personal items are excluded from this offer for sale including linens, bedding, dishes, glassware, silverware, rugs, artwork, TV and other non-attached electronics. Seller is willing to negotiate on sale of all or some of these excluded items.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $571

Year Built

  • Built in 1970

Lot Details

  • Property fronts a county road
  • Property fronts an easement
  • Landscaped

HOA Fees

  • $699 Monthly HOA Fees

Parking

  • Unassigned Parking

Home Design

  • 372 Sq Ft Home
  • Double Stud Wall

Home Security

Pool

  • Pool and Spa
  • In Ground Pool

Utilities

  • Underground Utilities
  • Cable TV Available

Additional Features

  • Microwave
  • 1 Full Bathroom
  • Beach Access

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 4430020130189

Community Details

Overview

  • Islander On The Beach Community
  • Wailua Beach Subdivision

Additional Features

  • Public Restrooms
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$571

Year Built

Built in 1970

Lot Details

0

HOA Fees

$699 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • ResoCommunityFeatures: See Remarks
  • ResoLotFeatures: Landscaped, See Remarks
  • ResoSecurityFeatures: Fire Sprinkler System, See Remarks
  • Attribution Contact: 8083463081
  • Co List Office Phone: 8088267211
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: WAILUA BEACH
  • Reso Interior Features: Public Restroom, See Remarks
  • Living Area: 372.0
  • Property Attached Yn: Yes
  • Year Built: 1970
  • Tax Year: 2012
  • HIS_PoolYN: Yes
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_Easement: Beach Access, Electric, Sewer, Telephone, Water
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

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

Exterior Features

  • Topography: Fairly Level
  • View: Other
  • Pool Features: In Ground, Outdoor Pool, Pool/Spa Combo
  • Waterfront: No
  • Exterior Features: See Remarks
  • Roads: County, Curbs/Gutters

Garage/Parking

  • Parking Features: Unassigned

Utilities

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

Condo/Co-op/Association

  • Association Fee: 699.0
  • Association Fee Frequency: Monthly
  • Project: ISLANDER ON THE BEACH

Lot Info

  • Zoning: RR-20
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4430020130189
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 571.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2013
Closed on
Feb 28, 2013
Sold by
Olsen Dawn Elaine
Bought by
Schreibman Enid and Enid Schreibman Family Trust
List Price
$95,000
Sold Price
$94,000
Premium/Discount to List
-$1,000
-1.05%
Total Days on Market
5
Current Estimated Value
$465,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,709
Avg. Annual Appreciation
13.89%

Purchase Details

Listed on
Jun 25, 2010
Closed on
May 11, 2012
Sold by
Pacific Rim Bank
Bought by
Olsen Dawn Elaine
Seller's Agent
Mark Tanaka
Kauai Realty, Inc.
Buyer's Agent
Graeme Merrin
Vacation Realty Hawaii LLC
List Price
$119,600
Sold Price
$73,000
Premium/Discount to List
-$46,600
-38.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.12%
Original Mortgage
$54,750
Interest Rate
3.98%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 8, 2010
Sold by
Nishimitsu Lorna A
Bought by
Pacific Rim Bank

Purchase Details

Closed on
Aug 8, 2005
Sold by
Old Island Llc
Bought by
White William Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
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
Schreibman Enid $94,000 Or
Olsen Dawn Elaine $73,000 Tg
Pacific Rim Bank $139,000 Tg
White William Martin $280,000 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olsen Dawn Elaine $54,750
Previous Owner White William Martin $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2013 03/22/13 Sold $94,000 -1.1% $253 / Sq Ft
02/03/2013 02/03/13 Pending -- -- --
01/29/2013 01/29/13 For Sale $95,000 +30.1% $255 / Sq Ft
05/19/2012 05/19/12 Sold $73,000 -39.0% $196 / Sq Ft
04/21/2012 04/21/12 Pending -- -- --
06/25/2010 06/25/10 For Sale $119,600 -- $322 / 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

  • M

    Seller's Agent in 2012

    Mark Tanaka

    Kauai Realty, Inc.

    (808) 639-0367

    8 in this area

    87 Total Sales

    Mark Tanaka
    Section Image

  • G

    Buyer's Agent in 2012

    Graeme Merrin

    Vacation Realty Hawaii LLC

    1 in this area

    6 Total Sales

    Graeme Merrin
    Section Image
See All Agents

Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 260683

Hawaii Information Service (MLS Hawaii)

APN: 4-4-3-002-013-0189

Hawaii Kauai County Kapaa 96746 Wailua-Kauai

440 Aleka Place Unit 170, Kapaa, HI

This home is located at 440 Aleka Place Unit 170, Kapaa, HI 96746 since 29 January 2013 and is currently estimated at $465,709, approximately $1,251 per square foot. This property was built in 1970. 440 Aleka Place Unit 170 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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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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