NOT LISTED FOR SALE

440 Aleka Place Unit 201 Kapaa, HI 96746

Wailua-Kauai Neighborhood

Estimated Value: $457,000 - $494,598

-- Bed
1 Bath
372 Sq Ft
$851/mo HOA Fee

Last Sold January 03, 2022

Last sale price $359,800 $967 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,003/month

11 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Zoned Heating and Cooling
  • Ocean View
  • Ceramic Tile Flooring
  • High Speed Internet

About This Home

As of January 2022

Known for their exceptionally reasonable nightly rates IOB is centrally located in the town of Kapaa, midway between the Princeville and Poipu Resort areas. 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- Just steps to the blue pacific and 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 extended family, friends, acquaintances, business associates and anyone else who makes the decision to come visit "Your home away from home in paradise".

This particular unit, Islander on The Beach #201, boasts exceptional vacation rental numbers (ask your Realtor for a copy of the attachments to this MLS). It is perfectly situated on the TOP floor PENTHOUSE of the Lobby building is an interior OCEAN view unit. This fully furnished, air-conditioned, turnkey vacation rental has been meticulously maintained. This unit enjoys Travertine floor, Onyx backsplash, granite counter-tops, wet-bar with refrigerator, and teak furnishings with a tropical motif make your guests just as comfortable as they are rejuvenated. So, sit back on the lanai and relax with your favorite beverage in hand.

Last Agent to Sell the Property

John Friedman

Kauai Aloha Real Estate, Inc. Brokerage Phone: 8086519506 License #RS-57897 Listed on: 11/24/2021

Last Buyer's Agent

Karen Agudong

eXp Realty License #RB-17447

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,706

Year Built

  • Built in 1970

Lot Details

  • Beach Front
  • Grass Covered Lot

HOA Fees

  • $851 Monthly HOA Fees

Parking

  • Unassigned Parking

Interior Spaces

  • 1 Full Bathroom
  • 372 Sq Ft Home
  • Drapes & Rods
  • Ceramic Tile Flooring
  • Ocean Views
  • Microwave

Pool

  • In Ground Pool

Utilities

  • Zoned Heating and Cooling
  • Underground Utilities
  • High Speed Internet
  • Internet Available
  • 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 4430020130017

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,706

Year Built

Built in 1970

Lot Details

0

HOA Fees

$851 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Reso Fencing: None
  • Road Frontage Type: HIS Almost Oceanfront, HIS Sandy Beach
  • ResoLotFeatures: Grassy
  • Attribution Contact: 8086519506
  • Co List Office Phone: 8086511276
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: WAILUA BEACH
  • Living Area: 372.0
  • Property Attached Yn: Yes
  • Reso Window Features: Drapes
  • Year Built: 1970
  • Tax Year: 2021
  • HIS_PoolYN: Yes
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: T1 and Higher, Wireless
  • HIS_Easement: Other (remarks)
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Microwave, Refrigerator
  • Full Bathrooms: 1
  • Flooring: Ceramic Tile
  • Total Bathrooms: 1

Exterior Features

  • Topography: Fairly Level
  • View: HIS Sunrise, Ocean, Ocean Horizon
  • Pool Features: In Ground
  • Waterfront: No
  • Roads: Paved

Garage/Parking

  • Parking Features: Unassigned

Utilities

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

Condo/Co-op/Association

  • Association Fee: 851.0
  • Association Fee Frequency: Monthly
  • Project: ISLANDER ON THE BEACH

Lot Info

  • Zoning: RR-20
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4430020130017
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2706.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2021
Closed on
Dec 28, 2021
Sold by
Bendis James Alan
Bought by
Handel Gregory John Van and Bonnie Poniana
Seller's Agent
John Friedman
Kauai Aloha Real Estate, Inc.
Buyer's Agent
Karen Agudong
eXp Realty
List Price
$375,000
Sold Price
$359,800
Premium/Discount to List
-$15,200
-4.05%
Total Days on Market
11
Current Estimated Value
$476,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,066
Avg. Annual Appreciation
8.46%

Purchase Details

Listed on
Oct 3, 2016
Closed on
Mar 21, 2017
Sold by
Smith Beth Ann
Bought by
Bendis James Alan
Seller's Agent
Sue Strickland
Garden Island Properties
Buyer's Agent
John Friedman
Kauai Aloha Real Estate, Inc.
List Price
$173,000
Sold Price
$165,750
Premium/Discount to List
-$7,250
-4.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.68%

Purchase Details

Closed on
Jun 23, 2009
Sold by
Deisher Helene Marie and Schwarz Evelyn Lucille
Bought by
Pacific Rim Bank

Purchase Details

Closed on
Mar 2, 2005
Sold by
Old Island Llc
Bought by
Deisher Helene Marie and Schwarz Evelyn Lucille

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
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
Handel Gregory John Van -- Or
Bendis James Alan $165,750 Or
Pacific Rim Bank $190,000 Stc
Deisher Helene Marie $265,000 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deisher Helene Marie $198,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2022 01/03/22 Sold $359,800 -4.1% $967 / Sq Ft
12/05/2021 12/05/21 Pending -- -- --
11/24/2021 11/24/21 For Sale $375,000 +126.2% $1,008 / Sq Ft
06/30/2017 06/30/17 Off Market $165,750 -- --
03/31/2017 03/31/17 Sold $165,750 -4.2% $446 / Sq Ft
02/23/2017 02/23/17 Pending -- -- --
10/03/2016 10/03/16 For Sale $173,000 -- $465 / 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 $5,696 $517,500 $28,700 $488,800
2024 $5,696 $484,800 $28,700 $456,100
2023 $4,392 $404,800 $28,700 $376,100
2022 $3,120 $287,600 $0 $0
2021 $2,706 $249,400 $0 $0
2020 $2,898 $267,100 $28,700 $238,400
2019 $2,898 $212,400 $0 $212,400
2018 $2,047 $174,600 $0 $174,600
2017 $2,047 $188,700 $0 $188,700
2016 $1,949 $179,600 $0 $179,600
2015 $783 $177,000 $0 $0
2014 $707 $176,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Friedman

    Seller's Agent in 2022

    John Friedman

    Kauai Aloha Real Estate, Inc.

    (808) 651-9506

    13 in this area

    21 Total Sales

    John Friedman
    Section Image

  • K

    Buyer's Agent in 2022

    Karen Agudong

    eXp Realty

    (808) 652-0677

    14 in this area

    51 Total Sales

    Karen Agudong
    Section Image

  • S

    Seller's Agent in 2017

    Sue Strickland

    Garden Island Properties

    (808) 822-4871

    7 in this area

    10 Total Sales

    Sue Strickland
    Section Image
See All Agents

Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 656370

Hawaii Information Service (MLS Hawaii)

APN: 4-4-3-002-013-0017

Hawaii Kauai County Kapaa 96746 Wailua-Kauai

440 Aleka Place Unit 201, Kapaa, HI

This home is located at 440 Aleka Place Unit 201, Kapaa, HI 96746 since 24 November 2021 and is currently estimated at $476,866, approximately $1,281 per square foot. This property was built in 1970. 440 Aleka Place Unit 201 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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