NOT LISTED FOR SALE

440 Aleka Place Unit 321 Kapaa, HI 96746

Wailua-Kauai Neighborhood

Estimated Value: $452,000 - $486,769

-- Bed
1 Bath
372 Sq Ft
$877/mo HOA Fee

Last Sold March 31, 2023

Last sale price $385,000 $1,035 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,981/month

70 Days on Market

About This Home

As of March 2023

OCEAN VIEW top-floor studio condo!

This cheerful and inviting condo is located in the Hawai'i Building of Islander On The Beach. Enjoy the privacy that the third floor has to offer as well as the views! Watch the reaching waves crumble onto the sand from your private lanai, surrounded by the lush tropical grounds of the complex. Cool off in the crystal clear blue waters of the pool or relax in the jacuzzi, with the rumbling ocean just beyond the palm trees. The beach is just steps away, where you can take in the sweeping beauty of Kaua'i's coastline.

This incredible vacation rental is furnished and offered fully turn-key!

Islander On The Beach is centrally located, and you and your guests will have easy access to all Kauai has to offer. Located right next to the Coconut Marketplace, you can walk to the shops, restaurants, and bars. Also, you can quickly jump on the Kauai Coastal Path for a leisurely stroll, bike ride, or a high-paced run with amazing views. Don't forget about the Tiki Bar adjacent to the pool and jacuzzi to wrap up your day and take in the sunset.
* The AC was replaced recently.

Last Agent to Sell the Property

Greg Bloss

Aloha Sotheby's International - Kauai Brokerage Phone: 8086528101 License #RB-21416 Listed on: 12/27/2022

Aloha Sotheby's International - Kauai

Last Buyer's Agent

Haunani Sullivan R(S)

COMPASS License #RS-80953

COMPASS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,142

Year Built

  • Built in 1970

Lot Details

  • Property fronts a private road
  • Property fronts a state road

HOA Fees

  • $877 Monthly HOA Fees

Parking

  • Unassigned Parking

Interior Spaces

  • 1 Full Bathroom
  • 372 Sq Ft Home
  • Carpet

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 4430020130056

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,142

Year Built

Built in 1970

Lot Details

0

HOA Fees

$877 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Attribution Contact: 8086528101
  • Co List Office Phone: 8088267211
  • 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: Other (remarks)
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Other, Refrigerator
  • Full Bathrooms: 1
  • Flooring: Carpet
  • Total Bathrooms: 1

Exterior Features

  • Waterfront: No
  • Roads: County, Paved, Private, State

Garage/Parking

  • Parking Features: Unassigned

Utilities

  • Cooling: Cash
  • Utilities: Electricity Available, Sewer Connected, Underground Utilities

Condo/Co-op/Association

  • Association Fee: 877.12
  • Association Fee Frequency: Monthly
  • Project: ISLANDER ON THE BEACH

Lot Info

  • Zoning: RR-20
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4430020130056
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3142.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2022
Closed on
Mar 25, 2023
Sold by
Steven P Papapetru P and Steven Tamara L
Bought by
Madrona Bay Real Estate Investments Llc
Seller's Agent
Greg Bloss
Aloha Sotheby's International - Kauai
Buyer's Agent
Haunani Sullivan R(S)
COMPASS
List Price
$415,000
Sold Price
$385,000
Premium/Discount to List
-$30,000
-7.23%
Total Days on Market
70
Views
332
Current Estimated Value
$471,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,256
Avg. Annual Appreciation
9.72%

Purchase Details

Closed on
May 24, 2017
Sold by
Keller Betty Catherine
Bought by
Papapetru Steven P and Papapetru Tamara L

Purchase Details

Closed on
Jul 28, 2009
Sold by
Nash Douglas Richard
Bought by
Keller Betty Catherine

Purchase Details

Closed on
Jun 16, 2009
Sold by
Central Pacific Bank
Bought by
Nash Douglas Richard

Purchase Details

Closed on
Oct 3, 2008
Sold by
Bosshard Kurt
Bought by
Central Pacific Bank

Purchase Details

Closed on
Mar 15, 2005
Sold by
Old Island Llc
Bought by
Cheatle Medina Iona Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,750
Interest Rate
6.5%
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
Madrona Bay Real Estate Investments Llc -- Old Republic Title
Papapetru Steven P $174,000 Or
Keller Betty Catherine $129,900 Or
Nash Douglas Richard $105,000 Or
Central Pacific Bank $164,000 Tg
Cheatle Medina Iona Wendy $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cheatle Medina Iona Wendy $196,100
Previous Owner Cheatle Medina Iona Wendy $165,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2024 10/02/24 Off Market $385,000 -- --
03/31/2023 03/31/23 Sold $385,000 0.0% $1,035 / Sq Ft
03/31/2023 03/31/23 Off Market $385,000 -- --
12/27/2022 12/27/22 For Sale $415,000 -- $1,116 / 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 $5,512 $526,800 $28,700 $498,100
2024 $5,512 $469,100 $28,700 $440,400
2023 $4,418 $407,200 $28,700 $378,500
2022 $3,142 $289,600 $0 $0
2021 $2,728 $251,400 $0 $0
2020 $2,920 $269,100 $28,700 $240,400
2019 $2,613 $240,800 $0 $240,800
2018 $1,915 $176,500 $0 $176,500
2017 $2,047 $202,200 $0 $202,200
2016 $1,949 $179,600 $0 $179,600
2015 $788 $178,100 $0 $0
2014 $707 $177,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2023

    Greg Bloss

    Aloha Sotheby's International - Kauai

    13 in this area

    53 Total Sales

    Greg Bloss
    Section Image

  • H

    Buyer's Agent in 2023

    Haunani Sullivan R(S)

    COMPASS

    (808) 913-1548

    4 in this area

    16 Total Sales

    Haunani Sullivan R(S)
    Section Image
See All Agents

Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 667408

Hawaii Information Service (MLS Hawaii)

APN: 4-4-3-002-013-0056

Hawaii Kauai County Kapaa 96746 Wailua-Kauai

440 Aleka Place Unit 321, Kapaa, HI

This home is located at 440 Aleka Place Unit 321, Kapaa, HI 96746 since 27 December 2022 and is currently estimated at $471,256, approximately $1,266 per square foot. This property was built in 1970. 440 Aleka Place Unit 321 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.

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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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