NOT LISTED FOR SALE

440 Aleka Place Unit 256 Kapaa, HI 96746

Estimated Value: $429,000 - $457,000

-- Bed
1 Bath
372 Sq Ft
$957/mo HOA Fee

Last Sold April 24, 2023

Last sale price $435,000 $1,169 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,821/month

158 Days on Market

About This Home

As of April 2023

Here is your chance to own a highly successful vacation rental right on the beach in Kapaa. Unit 256 is a second floor condo in the Molokai building at the highly desirable Islander on the Beach. This condo is literally just a matter of steps from the beach and Pacific Ocean. The property is conveniently located on Kauai's Eastside and is walking distance to tons of great restaurants, shops, and beachside bars. From the lanai there is an excellent ocean-view and the close proximity to the ocean let the sounds of the sea put you to sleep. Wont find a condo this close to the beach at this price anywhere else on Kauai!

Last Agent to Sell the Property

Daniel Erickson

Kuleana Realty LLC Brokerage Phone: 8087555381 License #RB-23687 Listed on: 09/18/2022

Last Buyer's Agent

Casie Riopta

Kauai Realty, Inc. License #RS-82692

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,938

Year Built

  • Built in 1970

Lot Details

  • 5.93

HOA Fees

  • $957 Monthly HOA Fees

Parking

  • Unassigned Parking

Interior Spaces

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

Utilities

  • 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 4430020130165

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,938

Year Built

Built in 1970

Lot Details

0

HOA Fees

$957 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Attribution Contact: 8087555381
  • Co List Office Phone: 8006675028
  • 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
  • Flooring: Carpet
  • 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: 956.87
  • Association Fee Frequency: Monthly
  • Project: ISLANDER ON THE BEACH

Lot Info

  • Zoning: RR-20
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4430020130165
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2938.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2022
Closed on
Apr 18, 2023
Sold by
Healy Donald Joseph
Bought by
Dem Living Trust
Seller's Agent
Daniel Erickson
Kuleana Realty LLC
Buyer's Agent
Casie Riopta
Kauai Realty, Inc.
List Price
$518,000
Sold Price
$435,000
Premium/Discount to List
-$83,000
-16.02%
Views
185
Current Estimated Value
$441,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,874
Avg. Annual Appreciation
0.67%

Purchase Details

Closed on
May 31, 2005
Sold by
Old Island Llc
Bought by
Healy Donald Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,500
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac
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
Dem Living Trust -- Old Republic Title
Healy Donald Joseph $250,000 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Healy Donald Joseph $162,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2024 10/02/24 Off Market $435,000 -- --
07/23/2023 07/23/23 Off Market $435,000 -- --
04/24/2023 04/24/23 Sold $435,000 0.0% $1,169 / Sq Ft
04/24/2023 04/24/23 Off Market $435,000 -- --
02/03/2023 02/03/23 Price Changed $455,000 -6.2% $1,223 / Sq Ft
12/08/2022 12/08/22 Price Changed $485,000 -6.4% $1,304 / Sq Ft
09/16/2022 09/16/22 For Sale $518,000 -- $1,392 / 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 $5,474 $488,200 $28,700 $459,500
2024 $5,474 $465,900 $28,700 $437,200
2023 $4,435 $408,800 $28,700 $380,100
2022 $2,938 $270,800 $0 $0
2021 $2,458 $226,500 $0 $0
2020 $2,438 $224,700 $28,700 $196,000
2019 $2,325 $214,300 $0 $214,300
2018 $1,848 $170,300 $0 $170,300
2017 $1,661 $153,100 $0 $153,100
2016 $1,680 $154,800 $0 $154,800
2015 $648 $146,400 $0 $0
2014 $565 $155,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    Daniel Erickson

    Kuleana Realty LLC

    (808) 755-5381

    29 Total Sales

    Daniel Erickson
    Section Image

  • C

    Buyer's Agent in 2023

    Casie Riopta

    Kauai Realty, Inc.

    (808) 635-6571

    1 Total Sale

    Casie Riopta
    Section Image
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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 665378

Hawaii Information Service (MLS Hawaii)

APN: 4-4-3-002-013-0165

Hawaii Kauai County Kapaa 96746

440 Aleka Place Unit 256, Kapaa, HI

This home is located at 440 Aleka Place Unit 256, Kapaa, HI 96746 since 18 September 2022 and is currently estimated at $441,874, approximately $1,187 per square foot. This property was built in 1970. 440 Aleka Place Unit 256 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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