$275,007
SOLD MAR 10, 2020

440 Aleka Place Unit 368 Kapaa, HI 96746

Wailua-Kauai Neighborhood
-- Bed
1 Bath
372 Sq Ft
$907/mo HOA Fee

Recently Sold

$739 Per Sq Ft

7% Below List Price

335 Days on Market

Highlights

  • Ocean Front
  • Penthouse
  • Air Conditioning
  • Pool and Spa
  • Jogging Path
  • Ceramic Tile Flooring

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

Julian Coiner

Kauai Luxury Properties, Inc. Brokerage Phone: 8086353407 License #RB-20776 Listed on: 03/11/2019

Last Buyer's Agent

Ilona Coffey

Coldwell Banker Island Properties - Kauai License #RB-21090

Coldwell Banker Island Properties - Kauai

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,826

Year Built

  • Built in 1970

Lot Details

  • Ocean Front
  • Property fronts a county road

HOA Fees

  • $907 Monthly HOA Fees

Parking

  • Unassigned Parking

Property Views

  • Ocean
  • Garden

Home Design

  • Penthouse

Interior Spaces

  • 1 Full Bathroom
  • 372 Sq Ft Home
  • Multi-Level Property
  • Drapes & Rods
  • Ceramic Tile Flooring
  • Microwave

Home Security

Pool

  • Pool and Spa
  • Gunite Pool

Utilities

  • Air Conditioning
  • Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 4430020130203

Community Details

Overview

  • Islander On The Beach Community
  • Wailua Beach Subdivision

Recreation

  • Jogging Path

Additional Features

  • Laundry Facilities
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,826

Year Built

Built in 1970

Lot Details

0

HOA Fees

$907 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • ResoCommunityFeatures: Walking/Jogging Path
  • Road Frontage Type: HIS Almost Oceanfront
  • ResoLaundryFeatures: Common Area
  • ResoSecurityFeatures: Smoke Detector(s)
  • Attribution Contact: 8086353407
  • Co List Office Phone: 8086353407
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: WAILUA BEACH
  • Living Area: 372.0
  • Property Attached Yn: Yes
  • Reso Window Features: Drapes
  • Year Built: 1970
  • Tax Year: 2018
  • HIS_PoolYN: Yes
  • Unit Description: Multi-Story, Penthouse
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Microwave, Refrigerator
  • Full Bathrooms: 1
  • Flooring: Ceramic Tile
  • Total Bathrooms: 1

Exterior Features

  • Topography: Fairly Level
  • View: Garden, HIS Sunrise, Ocean
  • Pool Features: Gunite, Pool/Spa Combo
  • Waterfront: No
  • Exterior Features: Lightning
  • Roads: County

Garage/Parking

  • Parking Features: Unassigned

Utilities

  • Cooling: Cash, HIS Air Conditioning, Wall/Window Unit(s)
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 907.48
  • Association Fee Frequency: Monthly
  • Project: ISLANDER ON THE BEACH

Lot Info

  • Zoning: RR-20
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4430020130203
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1826.0

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
$460,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,177
Avg. Annual Appreciation
13.79%

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 Type Sale Price Title Company
Warranty Deed $272,850 Or
Deed $275,007 Or
Deed $305,000 Tg
Limited Warranty Deed $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: 626541

Hawaii Information Service (MLS Hawaii)

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