NOT LISTED FOR SALE

440 Aleka Place Unit 368 Kapaa, HI 96746

Wailua-Kauai Neighborhood

Estimated Value: $445,000 - $471,000

-- Bed
1 Bath
372 Sq Ft
$852/mo HOA Fee

Last Sold July 16, 2021

Last sale price $272,850 $733 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,868/month

322 Days on Market

About This Home

As of July 2021

Sit on the lanai of this beautiful condo and enjoy a view of the blue Pacific Ocean!
This desirable condo is a successful vacation rental and is managed easily by continuing in the rental program through the front desk. Fully furnished with tasteful furnishings all located in the heart of Kauai along the Royal Coconut Coast in Kapaa.

Stroll from this beautiful property to shopping at the Coconut Market Place where restaurants and the beach are both just seconds away. Ten minutes from the Lihue airport, this oceanfront Hawaiian Style Resort is set on six acres with lush landscaped gardens, swimming pool, beach access, and much more. The Coconut Marketplace has a wide range of tourist and local services to help you enjoy all the fun our island offers.

The scenic multi-use path that runs along the beautiful East side of Kauai will eventually follow the Kauai East coast from Nawiliwili to Anahola. Currently, this Kauai bike path offers breathtaking ocean and coastline views starting in South Kapaa and winding North past downtown up to and past Kealia Beach.

Islander on the Beach was a hotel that has been converted and renovated in 2004 to condominiums. There is 372 square feet of interior living area for this studio unit. There is a total of 198 studio units and only two- one bedroom units in the development and each has one bath. There are eight three story buildings within the development.

Islander on the Beach condo offers: Air conditioning, Travertine stone flooring, Wet bar, Wood cabinets, Granite counter tops, Under cabinet lighting, Under counter refrigerator-freezer, Flat screen TV, Electronic safe, Electronic doors, Open lanai.

Close your eyes, sit back and enjoy this beach side condo... Hawaii living at its’ best!
A few seconds to the beautiful blue Pacific... What are you waiting for?
Dive in and own here at Islander on the Beach!

NOTE: Seller will consider a Bitcoin sale for interested parties!

Last Agent to Sell the Property

Ilona Coffey

Coldwell Banker Island Properties - Kauai License #RB-21090 Listed on: 08/07/2020

Coldwell Banker Island Properties - Kauai

Last Buyer's Agent

Tamara Braun

Corcoran Pacific Properties License #RB-22748

Corcoran Pacific Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,292

Year Built

  • Built in 1970

Lot Details

  • 6

HOA Fees

  • $852 Monthly HOA Fees

Parking

  • Unassigned Parking

Interior Spaces

  • 1 Full Bathroom
  • 372 Sq Ft Home
  • Carpet
  • Microwave

Additional Features

  • Property fronts a county road
  • 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 443002013

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,292

Year Built

Built in 1970

Lot Details

0

HOA Fees

$852 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Co List Office Phone: 8087427561
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: WAILUA BEACH
  • Living Area: 372.0
  • Property Attached Yn: Yes
  • Year Built: 1970
  • 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: County

Garage/Parking

  • Parking Features: Unassigned

Utilities

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

Condo/Co-op/Association

  • Association Fee: 851.57
  • Association Fee Frequency: Monthly
  • Project: ISLANDER ON THE BEACH

Lot Info

  • Zoning: RR-20
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 443002013
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2020
Closed on
Jul 12, 2021
Sold by
Neiman Albert Leonard and Neiman Joni Lynn
Bought by
Bigley Erin Patricia
Seller's Agent
Ilona Coffey
Coldwell Banker Island Properties - Kauai
Buyer's Agent
Tamara Braun
Corcoran Pacific Properties
List Price
$299,000
Sold Price
$272,850
Premium/Discount to List
-$26,150
-8.75%
Current Estimated Value
$460,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,495
Avg. Annual Appreciation
13.71%

Purchase Details

Listed on
Mar 11, 2019
Closed on
Mar 4, 2020
Sold by
Shoreline Advisors Llc
Bought by
Neiman Albert Leonard and Neiman Joni Lynn
Seller's Agent
Julian Coiner
Kauai Luxury Properties, Inc.
Buyer's Agent
Ilona Coffey
Coldwell Banker Island Properties - Kauai
List Price
$297,007
Sold Price
$275,007
Premium/Discount to List
-$22,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.58%

Purchase Details

Closed on
Sep 23, 2005
Sold by
Penovaroff Alexander
Bought by
Shoreline Advisors Llc

Purchase Details

Closed on
Mar 2, 2005
Sold by
Old Island Llc
Bought by
Penovaroff Alexander
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 Buyer Sale Price Title Company
Bigley Erin Patricia $272,850 Or
Neiman Albert Leonard $275,007 Or
Shoreline Advisors Llc $305,000 Tg
Penovaroff Alexander $225,000 Tg
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2024 10/16/24 Off Market $275,007 -- --
10/17/2021 10/17/21 Off Market $272,850 -- --
07/16/2021 07/16/21 Sold $272,850 -8.7% $733 / Sq Ft
06/25/2021 06/25/21 Pending -- -- --
08/07/2020 08/07/20 For Sale $299,000 +8.7% $804 / Sq Ft
06/08/2020 06/08/20 Off Market $275,007 -- --
03/10/2020 03/10/20 Sold $275,007 -7.4% $739 / Sq Ft
02/09/2020 02/09/20 Pending -- -- --
03/11/2019 03/11/19 For Sale $297,007 -- $798 / 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 $653 $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: 641240

Hawaii Information Service (MLS Hawaii)

APN: 4-4-3-002-013-0203