$395,000
SOLD NOV 3, 2025

440 Aleka Place Unit 370 Kapaa, HI 96746

-- Bed
1 Bath
372 Sq Ft
$1,027/mo HOA Fee

Recently Sold

$1,062 Per Sq Ft

12% Below List Price

337 Days on Market

About This Home

As of November 2025

Lovely ocean views and sounds are enjoyed from this well maintained, top floor Islander Unit in the quiet Maui Building. This condominium comes 100% turnkey, and also has a recently updated AC system (February 2024). The current owners have enjoyed this beautiful unit as both a successful vacation rental investment and as a tropical getaway retreat for themselves several years. This condominium is being offered for sale at an amount that is well below the current tax assessment value.

Monthly AOAO fees also cover interior utilities such as electric and air conditioning, cable, water and trash, in addition to exterior and common area expenditures.

Islander on the Beach is convenient to countless food, coffee, and shopping destinations at the adjacent Islander on the Beach shops and Coconut Marketplace, which hosts farmer's markets on Tuesdays and Thursdays, as well as night time hula shows.

Hiking, kayaking tours, an adjacent surf break, golfing at Wailua, and snorkeling at Lydgate Park await within a few minutes.

Last Agent to Sell the Property

Patrick Core

Island Rentals & Real Estate Brokerage Phone: 8086346700 License #RB-19775 Listed on: 11/08/2024

Last Buyer's Agent

Daniel Erickson

Kuleana Realty LLC License #RB-23687

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,292

Year Built

  • Built in 1970

HOA Fees

  • $1,027 Monthly HOA Fees

Parking

  • Assigned Parking

Property Views

  • Ocean
  • Garden

Home Design

  • 372 Sq Ft Home

Utilities

  • Underground Utilities
  • Cable TV Available

Additional Features

  • Microwave
  • 1 Full Bathroom

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 4430020130205
  • $335 Monthly special tax assessment

Community Details

Overview

  • Islander On The Beach Community
  • Wailua Beach Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,292

Year Built

Built in 1970

Lot Details

0

HOA Fees

$1,027 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: WAILUA BEACH
  • Living Area: 372.0
  • Property Attached Yn: Yes
  • Year Built: 1970
  • Tax Year: 2024
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_SpecialAssessmentAmount: 335
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_SpecialAssessmentRemarks: Seller will pay for the 2,005 dollar special assessment invoked for November 2024.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Microwave
  • Full Bathrooms: 1

Exterior Features

  • View: Garden, Ocean
  • Waterfront: No
  • Roads: Paved, Street Lights

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Connected, Underground Utilities

Condo/Co-op/Association

  • Association Fee: 1027.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: No
  • Project: ISLANDER ON THE BEACH

Lot Info

  • Zoning: RR-20
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4430020130205

Tax Info

  • Tax Annual Amount: 5292.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2024
Closed on
Oct 23, 2025
Sold by
Kabels Kauai Condo Llc
Bought by
Chang Living Trust and Chang
Seller's Agent
Patrick Core
Island Rentals & Real Estate
Buyer's Agent
Daniel Erickson
Kuleana Realty LLC
List Price
$449,000
Sold Price
$395,000
Premium/Discount to List
-$54,000
-12.03%
Views
69

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
246.57%

Purchase Details

Closed on
Dec 20, 2022
Sold by
Kabel Lawrence Joseph and Kabel Kathleen
Bought by
Kabels Kauai Condo Llc

Purchase Details

Listed on
Jun 8, 2014
Closed on
Apr 24, 2015
Sold by
Kantorowski Howard W and Riddle Lani A
Bought by
Kabel Lawrence J and Kabel Kathleen
Seller's Agent
Mark Tanaka
Kauai Realty, Inc.
Buyer's Agent
Patrick Core
Island Rentals & Real Estate
List Price
$149,000
Sold Price
$140,000
Premium/Discount to List
-$9,000
-6.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.91%

Purchase Details

Closed on
May 26, 2005
Sold by
Old Island Llc
Bought by
Kantorowski Howard W and Riddle Lani A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Deed -- Old Republic Title
Deed -- Old Republic Title
Quit Claim Deed -- --
Deed $140,000 Tg
Limited Warranty Deed $250,000 Tg
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/03/2025 11/03/25 Sold $395,000 -12.0% $1,062 / Sq Ft
05/02/2025 05/02/25 For Sale $449,000 0.0% $1,207 / Sq Ft
01/11/2025 01/11/25 Off Market $449,000 -- --
11/08/2024 11/08/24 For Sale $449,000 +220.7% $1,207 / Sq Ft
07/24/2016 07/24/16 Off Market $140,000 -- --
05/01/2015 05/01/15 Sold $140,000 -6.0% $376 / Sq Ft View Prior Sale
04/01/2015 04/01/15 Pending -- -- --
06/08/2014 06/08/14 For Sale $149,000 -- $401 / 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 $1,826 $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: 715600

Hawaii Information Service (MLS Hawaii)

APN: 4-4-3-002-013-0205