$445,000
SOLD OCT 25, 2024

440 Aleka Place Unit 319 Kapaa, HI 96746

Wailua-Kauai Neighborhood
-- Bed
1 Bath
372 Sq Ft
$1,028/mo HOA Fee

Recently Sold

$1,196 Per Sq Ft

3% Below List Price

114 Days on Market

About This Home

As of October 2024

PRICED TO SELL! This won't last! It's easy to see why unit 319 in the highly coveted "Hawaii Wing" is such a highly successful vacation rental. Once you step inside you won't want to leave! Kick off your slippers and relax on the lanai with gorgeous ocean views. Enjoy all the convenience of being located just steps away from the onsite pool, jacuzzi, BBQs, and Tiki Bar, while being able to step away from it all and enjoy the peaceful tranquillity of facing the tropical garden of the largest green space in the complex. Perfectly situated to pick up the cool trade winds coming right off the Pacific.
Being on the top floor has its perks as well, THE VIEWS, no noise from upstairs neighbors or ever having to worry about a leak from a unit above, keeps this penthouse suite in high demand.

This unit has been lovingly managed and cared for by the family that owns it. Pride of ownership shows with almost all 5 star reviews.
If you are looking for a vacation get away in one of the most beautiful places on earth that you can collect mail box money on while you are away, you have found the perfect place.

Being sold fully turn key, you can hit the ground running with this unit seamlessly and stress free. Stretch out in your comfortable Cal King Bed with memory foam topper or the newly reupholstered sofa-bed. The kitchenette comes equipped with a microwave, toaster oven, small freezer/refrigerator, coffee maker, and fully stocked with dishware.

This unit gives you one of the best locations in the complex and one of the best locations on the island. Walk to the beautiful Waipouli Beach, the newly extended Kauai Coastal Bike/Pedestrian Path, Lava Lava Beach Club, or fine dining at Hukilau Lanai. The perfect location to adventure north one day, head south the next, or check out a nearby waterfall. Unit 319 leaves everyone with the "a hui hou" feeling "until we meet again".
*Excellent rental history!

Last Agent to Sell the Property

Matt Rowland

Kauai Tropical Properties, Inc. Brokerage Phone: 8087225411 License #RS-68373 Listed on: 06/08/2024

Last Buyer's Agent

Kristine McGowan

Reside Kauai, LLC License #RS-62590

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,850

Year Built

  • Built in 1970

HOA Fees

  • $1,028 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 4430020130054

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,850

Year Built

Built in 1970

Lot Details

0

HOA Fees

$1,028 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Attribution Contact: 8087225411
  • Co List Office Phone: 8088261616
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: WAILUA BEACH
  • Living Area: 372.0
  • Property Attached Yn: Yes
  • Year Built: 1970
  • Tax Year: 2023
  • 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: 1027.55
  • Association Fee Frequency: Monthly
  • Project: ISLANDER ON THE BEACH

Lot Info

  • Zoning: RR-20
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4430020130054
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3850.37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2024
Closed on
Oct 17, 2024
Sold by
Mary Lucille Cameron Revocable Living Tr and Cameron Mary Lucille
Bought by
Wayne Watson Living Trust and Watson
Seller's Agent
Matt Rowland
Kauai Tropical Properties, Inc.
Buyer's Agent
Kristine McGowan
Reside Kauai, LLC
List Price
$459,000
Sold Price
$445,000
Premium/Discount to List
-$14,000
-3.05%
Total Days on Market
114
Views
37
Current Estimated Value
$463,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,313
Avg. Annual Appreciation
6.83%

Purchase Details

Closed on
May 7, 2019
Sold by
Cameron Mary Lucille
Bought by
Cameron Mary Lucille and Mary Lucille Cameron Revocable Living Tr

Purchase Details

Closed on
Jan 31, 2018
Sold by
Kreller Brad and Kreller Wendy
Bought by
Cameron Mary Lucille

Purchase Details

Closed on
Nov 17, 2015
Sold by
Kreller Brad Gordon and Kreller Wendy Dyan
Bought by
Brad Kreller L and Brad Wendy L

Purchase Details

Closed on
Mar 18, 2005
Sold by
Old Island Llc
Bought by
Kreller Brad Gordon and Kreller Wendy Dyan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
5.99%
Mortgage Type
Fannie Mae Freddie Mac
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 Type Sale Price Title Company
Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Deed -- Or
Interfamily Deed Transfer -- None Available
Limited Warranty Deed $250,000 Tg
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $126,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2024 10/25/24 Sold $445,000 -3.1% $1,196 / Sq Ft
10/02/2024 10/02/24 Off Market $459,000 -- --
10/01/2024 10/01/24 For Sale $459,000 0.0% $1,234 / Sq Ft
09/06/2024 09/06/24 Off Market $459,000 -- --
09/01/2024 09/01/24 Price Changed $459,000 0.0% $1,234 / Sq Ft
09/01/2024 09/01/24 For Sale $459,000 -3.4% $1,234 / Sq Ft
08/27/2024 08/27/24 Off Market $475,000 -- --
08/22/2024 08/22/24 For Sale $475,000 0.0% $1,277 / Sq Ft
06/13/2024 06/13/24 Off Market $475,000 -- --
06/10/2024 06/10/24 Off Market $475,000 -- --
06/09/2024 06/09/24 For Sale $475,000 0.0% $1,277 / Sq Ft
06/08/2024 06/08/24 For Sale $475,000 -- $1,277 / 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 $5,403 $508,500 $28,700 $479,800
2024 $5,403 $459,800 $28,700 $431,100
2023 $3,850 $390,900 $28,700 $362,200
2022 $3,142 $289,600 $0 $0
2021 $2,627 $242,100 $0 $0
2020 $3,063 $282,300 $28,700 $253,600
2019 $2,421 $223,100 $0 $223,100
2018 $1,927 $177,600 $0 $177,600
2017 $1,887 $173,900 $0 $173,900
2016 $1,638 $151,000 $0 $151,000
2015 $694 $156,900 $0 $0
2014 $651 $162,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 711371

Hawaii Information Service (MLS Hawaii)

APN: 4-4-3-002-013-0054