NOT LISTED FOR SALE

440 Aleka Place Unit 232 Kapaa, HI 96746

Wailua-Kauai Neighborhood

Estimated Value: $520,000 - $580,000

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

Last Sold October 10, 2022

Last sale price $568,800 $1,529 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,535/month

20 Days on Market

About This Home

As of October 2022

Rare opportunity to own an oceanfront end unit at the popular Islander on the Beach resort! #232 is located on the second floor in the Kauai building with elevated views of the water. Being an end unit, extra windows provide a more impressive, panoramic view than other oceanfront units. Enjoy morning coffee and beautiful sunrises from your own private lanai. The air-conditioned unit offers the perfect escape after a day in the sun. Take advantage of the kitchenette or stroll to any number of excellent restaurants. At the end of the day, catch breathtaking moonrises while watching the waves roll in!

Islander on the Beach is a centrally located, beachfront resort set on Kauai's Coconut Coast. The resort offers beautiful landscaped grounds, an inviting pool and BBQ area, and a poolside Tiki bar! The resort's low maintenance fees include cable, electric, trash pickup, water and property insurance (not unit contents or personal liability). Conveniently located along the beach and the Kauai Coastal Path, a paved walking/biking path extending the length of Kauai's east shore. Walking distance to shopping, dining, groceries, nightclubs and more!

Currently a privately managed vacation rental. This unit is sold fully-furnished and turn-key. Nothing to do but show up and enjoy!

Last Agent to Sell the Property

Danette Andrews

Aloha Sotheby's International - Kauai Brokerage Phone: 8086357019 License #RS-60907 Listed on: 08/12/2022

Aloha Sotheby's International - Kauai

Last Buyer's Agent

Carol Skon

HomeSmart Island Homes License #RB-20260

HomeSmart Island Homes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,838

Year Built

  • Built in 1970

Lot Details

  • Ocean Front

HOA Fees

  • $877 Monthly HOA Fees

Parking

  • Unassigned Parking

Interior Spaces

  • 1 Full Bathroom
  • 372 Sq Ft Home
  • Carpet
  • Ocean Views
  • Microwave

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 4430020130077

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,838

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: 8086357019
  • Co List Office Phone: 8088267211
  • 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
  • HIS_InternetAccess: Cable
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

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

Exterior Features

  • View: HIS Sunrise, Ocean, Other
  • Waterfront: No
  • Roads: Paved

Garage/Parking

  • Parking Features: Unassigned

Utilities

  • 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: 4430020130077
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3838.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2022
Closed on
Sep 13, 2022
Sold by
Georgia K Hilgeman Trust
Bought by
Waro Darrin and Waro Jennifer
Seller's Agent
Danette Andrews
Aloha Sotheby's International - Kauai
Buyer's Agent
Carol Skon
HomeSmart Island Homes
List Price
$568,800
Sold Price
$568,800
Total Days on Market
20
Views
107
Current Estimated Value
$555,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,945
Avg. Annual Appreciation
-1.15%

Purchase Details

Listed on
Jul 12, 2018
Closed on
Oct 5, 2018
Sold by
Gleason Badri
Bought by
Hilgeman Georgia K and Georgia K Hilgeman Trust
List Price
$335,000
Sold Price
$322,000
Premium/Discount to List
-$13,000
-3.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.24%

Purchase Details

Closed on
Feb 25, 2011
Sold by
Real Estate Delivery 2 Inc
Bought by
Gleason Badri

Purchase Details

Closed on
Jun 22, 2010
Sold by
Yanagi Richard A
Bought by
Real Estate Delivery 2 Inc

Purchase Details

Closed on
Apr 9, 2010
Sold by
Oceanfront Properties 232 Llc
Bought by
Yanagi Richard A and Oceanfront Properties Llc

Purchase Details

Closed on
Mar 2, 2005
Sold by
Old Island Llc
Bought by
Oceanfront Properties Llc
Source: Public Records

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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
Waro Darrin -- Old Republic Title
Hilgeman Georgia K -- Or
Gleason Badri $130,000 Tg
Real Estate Delivery 2 Inc $160,000 None Available
Yanagi Richard A $150,000 Tg
Oceanfront Properties Llc $340,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2024 11/06/24 Off Market $568,800 -- --
11/02/2024 11/02/24 Off Market $568,800 -- --
10/04/2024 10/04/24 Off Market $568,800 -- --
01/09/2023 01/09/23 Off Market $568,800 -- --
10/10/2022 10/10/22 Sold $568,800 0.0% $1,529 / Sq Ft
08/05/2022 08/05/22 For Sale $568,800 +76.6% $1,529 / Sq Ft
10/09/2018 10/09/18 Sold $322,000 -3.9% $866 / Sq Ft
08/31/2018 08/31/18 Pending -- -- --
07/12/2018 07/12/18 For Sale $335,000 -- $901 / 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 $6,443 $577,800 $28,700 $549,100
2024 $6,443 $548,300 $28,700 $519,600
2023 $5,708 $526,100 $28,700 $497,400
2022 $3,839 $353,800 $0 $0
2021 $3,357 $309,400 $0 $0
2020 $3,530 $325,300 $28,700 $296,600
2019 $3,530 $298,600 $0 $298,600
2018 $2,497 $238,200 $0 $238,200
2017 $2,497 $230,100 $0 $230,100
2016 $2,262 $208,500 $0 $208,500
2015 $902 $203,900 $0 $0
2014 $1,159 $194,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 664292

Hawaii Information Service (MLS Hawaii)

APN: 4-4-3-002-013-0077