440 Aleka Place Unit 261 Kapaa, HI 96746
Wailua-Kauai NeighborhoodEstimated Value: $457,000 - $507,738
--
Bed
1
Bath
372
Sq Ft
$852/mo
HOA Fee
Highlights
- Beach Front
- Pool and Spa
- Ceramic Tile Flooring
- Ocean View
- Jogging Path
- Zoned Heating and Cooling
About This Home
As of February 2021NOW OFFERING: Three (3) months of prepaid Association of Apartment Owner's fees for a successful close occurring prior to February 28, 2021 for buyer at seller's expense at close through escrow.
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 #261, boasts exceptional pre-pandemic vacation rental numbers (ask your Realtor for a copy of the attachments to this MLS). It is perfectly situated on the second floor of the Molokai building is an interior OCEAN view unit. This fully furnished, air-conditioned, turnkey vacation rental has been meticulously maintained (even the lanai railing has been upgraded to meet County Code). This unit enjoys Travertine floor, Onyx backsplash, granite counter-tops, wet-bar with refrigerator, and teak furnishings with a tropical pineapple 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
Kauai Aloha Real Estate, Inc. Brokerage Phone: 8086519506 License #RS-57897 Listed on: 09/09/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,898
Year Built
- Built in 1970
Lot Details
- Beach Front
- Grass Covered Lot
HOA Fees
- $852 Monthly HOA Fees
Parking
- Unassigned Parking
Interior Spaces
- 1 Full Bathroom
- 372 Sq Ft Home
- 2-Story Property
- Blinds
- Ceramic Tile Flooring
- Ocean Views
Pool
- Pool and Spa
- In Ground Pool
Location
- Interior Unit
Utilities
- Zoned Heating and Cooling
- Underground Utilities
- High Speed Internet
- Phone Available
- Cable TV Available
Listing and Financial Details
- Property is used as a vacation rental
- Assessor Parcel Number 4430020130170
Community Details
Overview
- Islander On The Beach Community
- Wailua Beach Subdivision
Recreation
- Jogging Path
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 9, 2020
Closed on
Feb 11, 2021
Sold by
Fastiggi Gino Bruno and Fastiggi Jeannette
Bought by
Branan Allison Jeanene
Seller's Agent
John Friedman
Kauai Aloha Real Estate, Inc.
Buyer's Agent
Cheyenne Nystrom
Oceanfront Sotheby's International Realty
List Price
$295,000
Sold Price
$235,000
Premium/Discount to List
-$60,000
-20.34%
Total Days on Market
137
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,579
Avg. Annual Appreciation
18.60%
Purchase Details
Listed on
May 23, 2013
Closed on
Jun 7, 2013
Sold by
Constance Joseph Patrick and Constance Ann Christine
Bought by
Fastiggi Gino Bruno and Fastiggi Jeannette
Seller's Agent
John Friedman
Kauai Aloha Real Estate, Inc.
Buyer's Agent
John Friedman
Kauai Aloha Real Estate, Inc.
List Price
$169,000
Sold Price
$160,000
Premium/Discount to List
-$9,000
-5.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.14%
Purchase Details
Closed on
May 4, 2011
Sold by
Hong Walton D Y
Bought by
Central Pacific Bank
Purchase Details
Closed on
Apr 13, 2005
Sold by
Old Island Llc
Bought by
Levan Andrew Tin and Nguyen Yen Thi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac
Similar Homes in Kapaa, HI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Branan Allison Jeanene | $235,000 | Fntc | |
| Fastiggi Gino Bruno | $160,000 | Or | |
| Central Pacific Bank | $68,000 | Tg | |
| Levan Andrew Tin | $300,000 | Tg |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Levan Andrew Tin | $195,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/24/2021 05/24/21 | Off Market | $235,000 | -- | -- |
| 02/23/2021 02/23/21 | Sold | $235,000 | -20.3% | $632 / Sq Ft |
| 01/24/2021 01/24/21 | Pending | -- | -- | -- |
| 09/09/2020 09/09/20 | For Sale | $295,000 | +84.4% | $793 / Sq Ft |
| 06/24/2013 06/24/13 | Sold | $160,000 | -5.3% | $430 / Sq Ft |
| 05/23/2013 05/23/13 | Pending | -- | -- | -- |
| 05/23/2013 05/23/13 | For Sale | $169,000 | -- | $454 / Sq Ft |
Source: Hawaii Information Service (MLS Hawaii)
Tax History Compared to Growth
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 | $251,900 | $0 | $251,900 |
| 2018 | $2,043 | $178,500 | $0 | $178,500 |
| 2017 | $2,043 | $188,300 | $0 | $188,300 |
| 2016 | $1,949 | $179,600 | $0 | $179,600 |
| 2015 | $783 | $177,000 | $0 | $0 |
| 2014 | $876 | $176,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
John Friedman
Seller's Agent in 2021
John Friedman
Kauai Aloha Real Estate, Inc.
(808) 651-9506
13 in this area
21 Total Sales
-
Cheyenne Nystrom
C
Buyer's Agent in 2021
Cheyenne Nystrom
Oceanfront Sotheby's International Realty
(808) 720-0378
4 in this area
15 Total Sales
Map
Source: Hawaii Information Service (MLS Hawaii)
MLS Number: 642119
APN: 4-4-3-002-013-0170
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.
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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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