$76,280
SOLD APR 10, 2012

440 Aleka Place Unit 269 Kapaa, HI 96746

Wailua-Kauai Neighborhood
-- Bed
1 Bath
372 Sq Ft
$648/mo HOA Fee

Recently Sold

$205 Per Sq Ft

13% Below List Price

527 Days on Market

Highlights

  • Beach Front
  • Heated In Ground Pool
  • Carpet
  • Ocean View

About This Home

As of April 2024

The Islander on the Beach is located within the Coconut Plantation Marketplace in Kapaa. The Islander on the Beach was a hotel, that has been converted and renovated in 2004 to condominiums, so the rooms are all quite efficient, that means small, at 372 square feet of interior living area for the studio units with no kitchens. There are 198 studio units and only 2 one bedroom units in the development and each has one bath. There are eight three story buildings within the development, with no elevators in any of the buildings. They offer Air conditioning, Internet high speed internet access, Travertine stone flooring, wet bars, wood cabinets, granite counter tops, under cabinet lighting, and onyx tile back splash. An under counter refrigerator-freezer, flat screen TV, mini stereo system, cable TV, electronic safes, electronic doors, air conditioning, open lanai, Hawaiiana artwork and island-style furnishings designed by Wayne Parker, Partners in Design Inc. Building Amenities include Plantation style front lobby with sitting lounge, swimming pool, landscaped outdoor pool deck with quartzite stone flooring, barbeque grills and lounge chairs. Poolside service bar and high speed wireless internet access adjacent to front lobby. Walking distance to shopping, restaurants, beach. Ten minutes from the Lihue airport, this Oceanfront development Hawaiian Style Resort is set on six acres of oceanfront property with lush landscaped gardens, swimming pool, beach access, and more. Financing is available for this unit with Pacific Rim Bank. The financing will be subject to the normal underwriting guidelines and procedures and to the borrower's creditworthiness.

Last Agent to Sell the Property

Mark Tanaka

Kauai Realty, Inc. Brokerage Phone: 8086390367 License #RB-9222 Listed on: 09/08/2010

Last Buyer's Agent

Russell Tucker

Reside Kauai, LLC License #RS-61902

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $749

Year Built

  • Built in 1970

Lot Details

  • Beach Front
  • Property fronts a state road

HOA Fees

  • $648 Monthly HOA Fees

Home Design

  • Double Stud Wall

Interior Spaces

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

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool

Utilities

  • Underground Utilities
  • Septic Tank
  • Internet Available
  • 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 4430020130196

Property Details

Home Type

Condominium

Est. Annual Taxes

$749

Year Built

Built in 1970

Lot Details

0

HOA Fees

$648 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Road Frontage Type: HIS Almost Oceanfront, HIS Sandy Beach
  • Attribution Contact: 8086390367
  • Co List Office Phone: 8082451651
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: WAILUA BEACH
  • Living Area: 372.0
  • Property Attached Yn: Yes
  • Year Built: 1970
  • Tax Year: 2011
  • HIS_PoolYN: Yes
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: County-Charge
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable, Wireless
  • Special Features: RealEstateOwned
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Washer
  • Full Bathrooms: 1
  • Flooring: Carpet
  • Total Bathrooms: 1
  • Design: Double Wall

Exterior Features

  • View: Ocean
  • Pool Features: Heated, In Ground
  • Waterfront: No
  • Roads: County, State

Garage/Parking

  • Parking Features: Other

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Phone Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 647.8
  • Association Fee Frequency: Monthly
  • Project: ISLANDER ON THE BEACH

Lot Info

  • Zoning: RR-20
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4430020130196
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 749.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2024
Closed on
Apr 17, 2024
Sold by
Mcculloch William Wilfred
Bought by
Russell Revocable Living Trust and Russell
Seller's Agent
Daniel Erickson
Kuleana Realty LLC
Buyer's Agent
Daniel Erickson
Kuleana Realty LLC
List Price
$500,000
Sold Price
$500,000
Views
3
Current Estimated Value
$506,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,449
Avg. Annual Appreciation
0.05%
Original Mortgage
$300,000
Outstanding Balance
$296,520
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$203,820

Purchase Details

Listed on
Sep 8, 2010
Closed on
Mar 29, 2012
Sold by
Pacific Rim Bank
Bought by
Mcculloch William Wilfred
Seller's Agent
Mark Tanaka
Kauai Realty, Inc.
Buyer's Agent
Russell Tucker
Reside Kauai, LLC
List Price
$88,000
Sold Price
$76,280
Premium/Discount to List
-$11,720
-13.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.87%

Purchase Details

Closed on
Jun 21, 2010
Sold by
Pacific Rim Bank
Bought by
Pacific Rim Bank

Purchase Details

Closed on
Jun 16, 2005
Sold by
Old Island Llc
Bought by
Allen Douglas Eugene and Allen Sylvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac
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 Type Sale Price Title Company
Warranty Deed -- Old Republic Title
Deed $76,281 Tg
Foreclosure Deed $130,000 Stc
Limited Warranty Deed $225,000 Tg
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Previous Owner $168,750 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2024 04/30/24 Sold $500,000 0.0% $1,344 / Sq Ft
04/30/2024 04/30/24 For Sale $500,000 +555.5% $1,344 / Sq Ft
04/10/2012 04/10/12 Sold $76,280 -13.3% $205 / Sq Ft
02/17/2012 02/17/12 Pending -- -- --
09/08/2010 09/08/10 For Sale $88,000 -- $237 / 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 $2,924 $269,500 $0 $0
2021 $2,458 $226,500 $0 $0
2020 $2,438 $224,700 $28,700 $196,000
2019 $2,212 $203,900 $0 $203,900
2018 $1,815 $167,300 $0 $167,300
2017 $1,805 $166,400 $0 $166,400
2016 $1,558 $143,600 $0 $143,600
2015 $565 $146,400 $0 $0
2014 $565 $155,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 238636

Hawaii Information Service (MLS Hawaii)

APN: 4-4-3-002-013-0196