NOT LISTED FOR SALE

440 Aleka Place Unit 367 Kapaa, HI 96746

Wailua-Kauai Neighborhood

Estimated Value: $446,000 - $472,279

-- Bed
1 Bath
372 Sq Ft
$855/mo HOA Fee

Last Sold January 28, 2022

Last sale price $315,000 $847 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,877/month

8 Days on Market

About This Home

As of January 2022

Excellent opportunity to own a 3rd floor Islander on the Beach condo with an Ocean view. Steps from the beach, it is a perfect island getaway and being centrally located on the Island's East side it is a short drive to all that Kauai has to offer. This condo is an active vacation rental and has strong rental numbers. Enjoy morning coffee and beautiful sunrises from your own private lanai. The air-conditioned unit offers the perfect escape after a day in the sun. Take advantage of the kitchenette or stroll to any number of excellent restaurants. The resort's low maintenance fees include cable, electric, trash pickup, water and telephone (if in the Aston Hotel rental program) and property insurance (not unit contents or personal liability). This unit is in the onsite Aston Resorts hotel rental program.

Last Agent to Sell the Property

Hawaii RealEstate

Hawaii Real Estate Team Brokerage Phone: 8087479670 License #RB-21781 Listed on: 12/23/2021

Last Buyer's Agent

Shannon French

Coldwell Banker Island Properties - Kauai License #RS-69285

Coldwell Banker Island Properties - Kauai

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,479

Year Built

  • Built in 1970

Lot Details

  • 6

HOA Fees

  • $855 Monthly HOA Fees

Interior Spaces

  • 1 Full Bathroom
  • 372 Sq Ft Home
  • Carpet

Community Details

  • Islander On The Beach Community
  • Wailua Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4430020130202

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,479

Year Built

Built in 1970

Lot Details

0

HOA Fees

$855 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Attribution Contact: 8087479670
  • Co List Office Phone: (808) 747-9670
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: WAILUA BEACH
  • Living Area: 372.0
  • Property Attached Yn: Yes
  • Year Built: 1970
  • Tax Year: 2021
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Other (remarks)
  • HIS_InUseAsShortTermVacationRentalYN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

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

Exterior Features

  • Waterfront: No
  • Roads: Other

Garage/Parking

  • Parking Features: Other

Utilities

  • Cooling: Cash
  • Sewer: Other
  • Utilities: Other
  • Water Source: Other

Condo/Co-op/Association

  • Association Fee: 854.52
  • Association Fee Frequency: Monthly
  • Project: ISLANDER ON THE BEACH

Lot Info

  • Zoning: RR-20
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4430020130202
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2479.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2021
Closed on
Jan 20, 2022
Sold by
Radha Ventures Llc
Bought by
Basavanthappa Sreenivasa
Seller's Agent
Hawaii RealEstate
Hawaii Real Estate Team
Buyer's Agent
Shannon French
Coldwell Banker Island Properties - Kauai
List Price
$315,000
Sold Price
$315,000
Total Days on Market
8
Current Estimated Value
$459,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,760
Avg. Annual Appreciation
11.95%

Purchase Details

Listed on
Aug 28, 2019
Closed on
Oct 14, 2019
Sold by
Gailbreath Thomas R
Bought by
Radha Ventures Llc
Seller's Agent
Daniel Erickson
Kuleana Realty LLC
Buyer's Agent
Andrea Healey
Aloha Sotheby's International - Kauai
List Price
$285,000
Sold Price
$270,000
Premium/Discount to List
-$15,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.99%

Purchase Details

Closed on
Dec 22, 2006
Sold by
Gailbreath Thomas R and Gailbreath Sheri A
Bought by
Gailbreath Thomas R and Thomas & Sheri Gailbreath Living Trust

Purchase Details

Closed on
Mar 8, 2005
Sold by
Old Island Llc
Bought by
Gailbreath Thomas Richard and Gailbreath Sheri Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
4.62%
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
Basavanthappa Sreenivasa $472,500 Title Guaranty & Escrow Servic
Basavanthappa Sreenivasa $472,500 Title Guaranty & Escrow Servic
Radha Ventures Llc $270,000 Or
Gailbreath Thomas R -- None Available
Gailbreath Thomas Richard $225,000 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gailbreath Thomas Richard $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2022 01/28/22 Sold $315,000 0.0% $847 / Sq Ft
12/31/2021 12/31/21 Pending -- -- --
12/23/2021 12/23/21 For Sale $315,000 +16.7% $847 / Sq Ft
10/17/2019 10/17/19 Sold $270,000 -5.3% $726 / Sq Ft
09/30/2019 09/30/19 Pending -- -- --
08/28/2019 08/28/19 For Sale $285,000 -- $766 / 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 $5,292 $497,500 $28,700 $468,800
2024 $5,292 $450,400 $28,700 $421,700
2023 $4,437 $408,900 $28,700 $380,200
2022 $2,950 $271,900 $0 $0
2021 $2,479 $228,500 $0 $0
2020 $2,459 $226,600 $28,700 $197,900
2019 $2,223 $204,900 $0 $204,900
2018 $1,805 $168,300 $0 $168,300
2017 $1,805 $166,400 $0 $166,400
2016 $1,558 $143,600 $0 $143,600
2015 $65 $147,500 $0 $0
2014 $565 $156,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 657241

Hawaii Information Service (MLS Hawaii)

APN: 4-4-3-002-013-0202