NOT LISTED FOR SALE

440 Aleka Place Unit 241 Kapaa, HI 96746

Wailua-Kauai Neighborhood

Estimated Value: $486,000 - $532,915

-- Bed
1 Bath
372 Sq Ft
$730/mo HOA Fee

Last Sold July 11, 2016

Last sale price $189,000 $508 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $3,997/month

15 Days on Market

Highlights

  • Ocean View
  • End Unit
  • 1-Story Property
  • Pool and Spa
  • Zoned Heating and Cooling
  • Landscaped

About This Home

As of July 2016

Great price on this turnkey studio unit at Islander on the Beach with excellent rental history! Unit #241 enjoys ocean views. Watch the sun and moon rise over the ocean from your lanai. Features travertine stone flooring, wet bar, wood cabinets, granite counter tops, under cabinet lighting, onyx tile back splash plus AC. Hawaiiana artwork and island-style furnishings included. #241 features a new King Size bed.

This Beautiful Beach Front Resort offers sweeping views of the Pacific and provides a central location for exploring both North and South shores of Kauai. Convenient location, adjacent to the boutiques and restaurants at Coconut Marketplace.

Let the sounds of the ocean rock you to sleep every night at this wonderfully appointed studio condo. Located on Kauai’s Coconut Coast, Islander on the Beach is set amid six acres of beautifully landscaped gardens and swaying palm trees.

Both contemporary and nostalgic, Islander on the Beach features thatched huts, hand-carved furnishings and plantation-style decor. The beachfront pool area offers barbecue areas, a large, sparkling pool, jet spa and a poolside bar.

Last Agent to Sell the Property

Danette Andrews

Aloha Sotheby's International - Kauai Brokerage Phone: 8086357019 License #RS-60907 Listed on: 05/11/2016

Aloha Sotheby's International - Kauai

Last Buyer's Agent

Ilona Coffey

Coldwell Banker Island Properties - Kauai License #RB-21090

Coldwell Banker Island Properties - Kauai

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,379

Year Built

  • Built in 1970

Lot Details

  • Property fronts a county road
  • End Unit
  • Landscaped

HOA Fees

  • $730 Monthly HOA Fees

Parking

  • Unassigned Parking

Home Design

  • Double Stud Wall

Interior Spaces

  • 1 Full Bathroom
  • 372 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Ocean Views

Home Security

Pool

  • Pool and Spa

Utilities

  • Zoned Heating and Cooling
  • Underground Utilities
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 4430020130114

Community Details

Overview

  • Islander On The Beach Community
  • Wailua Beach Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,379

Year Built

Built in 1970

Lot Details

0

HOA Fees

$730 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • ResoLotFeatures: Landscaped
  • ResoSecurityFeatures: Smoke Detector(s)
  • Attribution Contact: 8086357019
  • Co List Office Phone: 8088267211
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: WAILUA BEACH
  • Unit Levels: One
  • Living Area: 372.0
  • Property Attached Yn: Yes
  • Year Built: 1970
  • Tax Year: 2015
  • HIS_PoolYN: Yes
  • Unit Description: End Unit, Even Number Unit
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_OtherBuildingArea: 67
  • HIS_SolidWasteDisposal: Private Contractor
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

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

Exterior Features

  • View: Ocean
  • Pool Features: Outdoor Pool, Pool/Spa Combo
  • Waterfront: No
  • Roads: County

Garage/Parking

  • Parking Features: Unassigned

Utilities

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

Condo/Co-op/Association

  • Association Fee: 730.0
  • Association Fee Frequency: Monthly
  • Project: ISLANDER ON THE BEACH

Lot Info

  • Zoning: RR-20
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4430020130114
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1379.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2023
Sold by
Carol Mcmath Teves Revocable Living Trus
Bought by
Gregory John Van Handel and Gregory Bonnie Poniana
Current Estimated Value
$507,305

Purchase Details

Closed on
Aug 20, 2022
Sold by
Ralph Pombo And Shelly Pombo Living Trus
Bought by
Carol Mcmath Teves Revocable Living Trust

Purchase Details

Listed on
May 11, 2016
Closed on
Aug 9, 2016
Sold by
Pombo Shelly Lyn
Bought by
Pombo Ralph and Pombo Shelly
Seller's Agent
Danette Andrews
Aloha Sotheby's International - Kauai
Buyer's Agent
Ilona Coffey
Coldwell Banker Island Properties - Kauai
List Price
$189,000
Sold Price
$189,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.54%

Purchase Details

Listed on
May 11, 2016
Closed on
Jun 30, 2016
Sold by
Iob 241 Llc
Bought by
Pombo Shelly Lyn
Seller's Agent
Danette Andrews
Aloha Sotheby's International - Kauai
Buyer's Agent
Ilona Coffey
Coldwell Banker Island Properties - Kauai
List Price
$189,000
Sold Price
$189,000

Purchase Details

Closed on
Apr 14, 2014
Sold by
Elliott Wade Drury and Ramey Steven Michael
Bought by
Iob 241 Llc

Purchase Details

Listed on
Oct 28, 2011
Closed on
Jan 10, 2012
Sold by
Martin Richard Lee and Daida Martin Darlene Setsumi
Bought by
Elliott Wade Drury and Ramey Stephen Michael
Seller's Agent
Donald Pixler
eXp Realty
Buyer's Agent
Danette Andrews
Aloha Sotheby's International - Kauai
List Price
$65,000
Sold Price
$62,000
Premium/Discount to List
-$3,000
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.86%

Purchase Details

Closed on
Aug 16, 2007
Sold by
Pica Frank Phillip
Bought by
Martin Richard Lee and Daida Martin Darlene Setsumi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,375
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 2005
Sold by
Old Island Llc
Bought by
Pica Frank Phillip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,500
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Gregory John Van Handel -- None Listed On Document
Carol Mcmath Teves Revocable Living Trust -- Old Republic Title
Carol Mcmath Teves Revocable Living Trust -- Old Republic Title
Pombo Ralph -- None Available
Pombo Shelly Lyn $189,000 Or
Iob 241 Llc -- Attorney
Elliott Wade Drury $62,000 Or
Martin Richard Lee $244,500 Tg
Pica Frank Phillip $295,000 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martin Richard Lee $183,375
Previous Owner Pica Frank Phillip $206,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2016 07/11/16 Sold $189,000 0.0% $508 / Sq Ft
05/26/2016 05/26/16 Pending -- -- --
05/11/2016 05/11/16 For Sale $189,000 +204.8% $508 / Sq Ft
01/30/2012 01/30/12 Sold $62,000 -4.6% $167 / Sq Ft
11/10/2011 11/10/11 Pending -- -- --
10/28/2011 10/28/11 For Sale $65,000 -- $175 / 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 $5,585 $499,200 $28,700 $470,500
2024 $5,585 $475,300 $28,700 $446,600
2023 $4,468 $411,800 $28,700 $383,100
2022 $3,069 $282,900 $0 $0
2021 $2,605 $240,100 $0 $0
2020 $3,041 $280,300 $28,700 $251,600
2019 $2,465 $227,200 $0 $227,200
2018 $1,927 $177,600 $0 $177,600
2017 $1,884 $173,600 $0 $173,600
2016 $1,638 $151,000 $0 $151,000
2015 $690 $155,900 $0 $0
2014 -- $161,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 295716

Hawaii Information Service (MLS Hawaii)

APN: 4-4-3-002-013-0114