NOT LISTED FOR SALE

440 Aleka Place Unit 257 Kapaa, HI 96746

Wailua-Kauai Neighborhood

Estimated Value: $450,000 - $469,975

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

Last Sold January 02, 2015

Last sale price $150,000 $403 Per Sq Ft

Est. 208% increase in value since last sale

Current estimated payment $3,775/month

168 Days on Market

About This Home

As of January 2015

Islander on the Beach is an ocean front resort. This 2nd floor condo enjoys a high occupancy rate year around. This is one of the only units with a ceiling fan for those who prefer fresh air over AC. And for those who enjoy AC, it was replaced in 2012. From your lanai, you have an enticing ocean view. The mini kitchen has a small refrigerator/microwave/coffee maker. No extra fees, everything is included in the maintenance fee.

Last Agent to Sell the Property

Lori Finch

eXp Realty Brokerage Phone: 8086397022 License #RS-52857 Listed on: 05/06/2014

eXp Realty

Last Buyer's Agent

Mike Liberatore

Coldwell Banker Island Properties - Kauai License #RS-71307

Coldwell Banker Island Properties - Kauai

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $624

Year Built

  • Built in 1970

Lot Details

  • 6

HOA Fees

  • $730 Monthly HOA Fees

Home Design

  • Double Stud Wall

Interior Spaces

  • 1 Full Bathroom
  • 372 Sq Ft Home
  • Carpet

Utilities

  • Underground Utilities
  • High Speed Internet
  • 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 4430020130166

Property Details

Home Type

Condominium

Est. Annual Taxes

$624

Year Built

Built in 1970

Lot Details

0

HOA Fees

$730 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Attribution Contact: 8086397022
  • Co List Office Phone: 8667512596
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: WAILUA BEACH
  • Living Area: 372.0
  • Property Attached Yn: Yes
  • Year Built: 1970
  • Tax Year: 2013
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: T1 and Higher
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

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

Exterior Features

  • Waterfront: No
  • Roads: Paved

Utilities

  • Cooling: Cash
  • Utilities: Cable Available, Electricity Available, Phone 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: 4430020130166
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 624.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2022
Sold by
Zhou Family Trust
Bought by
Zhou Investment Group Llc
Total Days on Market
168
Current Estimated Value
$461,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Outstanding Balance
$238,580
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$222,745

Purchase Details

Closed on
May 26, 2021
Sold by
Rapetti Danise and Rapetti Jeffrey
Bought by
Zhou Jie and Zhou Family Trust

Purchase Details

Listed on
May 6, 2014
Closed on
Dec 15, 2014
Sold by
Warwick Ronald David and Warwick Terry Lynn
Bought by
Revocab Jeffrey and Revocab Danise
Seller's Agent
Lori Finch
eXp Realty
Buyer's Agent
Mike Liberatore
Coldwell Banker Island Properties - Kauai
List Price
$165,000
Sold Price
$150,000
Premium/Discount to List
-$15,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.38%

Purchase Details

Closed on
Apr 16, 2010
Sold by
Davidson Paul Steven and Smith Christina Louise
Bought by
Warwick Ronald David and Warwick Terry Lynn

Purchase Details

Closed on
Jul 14, 2005
Sold by
Old Island Llc
Bought by
Davidson Paul Steven and Smith Christina Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage
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
Zhou Investment Group Llc -- Title Guaranty & Escrow Servic
Zhou Investment Group Llc -- Title Guaranty & Escrow Servic
Zhou Jie $265,000 Or
Rapetti Danise $1,000 Or
Revocab Jeffrey $150,000 Tg
Warwick Ronald David $95,000 Or
Davidson Paul Steven $270,000 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhou Investment Group Llc $255,000
Closed Zhou Investment Group Llc $255,000
Previous Owner Davidson Paul Steven $189,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2015 01/02/15 Sold $150,000 -9.1% $403 / Sq Ft
10/21/2014 10/21/14 Pending -- -- --
05/06/2014 05/06/14 For Sale $165,000 -- $444 / 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 $2,423 $223,300 $0 $223,300
2018 $1,722 $175,900 $0 $175,900
2017 $1,722 $164,200 $0 $164,200
2016 $1,680 $154,800 $0 $154,800
2015 $648 $146,400 $0 $0
2014 $651 $155,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    Lori Finch

    eXp Realty

    (808) 639-7022

    2 in this area

    21 Total Sales

    Lori Finch
    Section Image

  • M

    Buyer's Agent in 2015

    Mike Liberatore

    Coldwell Banker Island Properties - Kauai

    (808) 635-0556

    2 in this area

    37 Total Sales

    Mike Liberatore
    Section Image
See All Agents

Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 273274

Hawaii Information Service (MLS Hawaii)

APN: 4-4-3-002-013-0166

Hawaii Kauai County Kapaa 96746 Wailua-Kauai

440 Aleka Place Unit 257, Kapaa, HI

This home is located at 440 Aleka Place Unit 257, Kapaa, HI 96746 since 06 May 2014 and is currently estimated at $461,325, approximately $1,240 per square foot. This property was built in 1970. 440 Aleka Place Unit 257 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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