NOT LISTED FOR SALE

440 Aleka Place Unit 371 Kapaa, HI 96746

Wailua-Kauai Neighborhood

Estimated Value: $458,000 - $488,087

-- Bed
1 Bath
372 Sq Ft
$699/mo HOA Fee

Last Sold May 11, 2012

Last sale price $75,000 $202 Per Sq Ft

Est. 525% increase in value since last sale

Current estimated payment $3,773/month

775 Days on Market

Highlights

  • Beach Front
  • Pool and Spa
  • Air Conditioning
  • Ocean View
  • Penthouse
  • 1-Story Property

About This Home

As of May 2012

One of the Best!!! Your dream comes true ... Beautifuly renovated property ... oceanfront project, set back from the pool, interior unit and next to the lobby & Laundry Area ... from this fully furnished unit, just take your towel and sun tan lotion and step onto the sandy beachfront or the cozy pool ... the choice is yours!

Last Agent to Sell the Property

Mark Tanaka

Kauai Realty, Inc. Brokerage Phone: 8086390367 License #RB-9222 Listed on: 03/01/2010

Last Buyer's Agent

Barbara Morrison

Aloha Sotheby's International - Kauai License #RS-63073

Aloha Sotheby's International - Kauai

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $707

Year Built

  • Built in 1970

Lot Details

  • Beach Front
  • Property fronts a state road

HOA Fees

  • $699 Monthly HOA Fees

Parking

  • Unassigned Parking

Home Design

  • Penthouse

Interior Spaces

  • 1 Full Bathroom
  • 372 Sq Ft Home
  • 1-Story Property
  • Ocean Views
  • Microwave

Pool

  • Pool and Spa
  • In Ground Pool

Location

  • Interior Unit

Utilities

  • Air Conditioning
  • Private Sewer
  • Internet Available
  • Cable TV Available

Community Details

  • Islander On The Beach Community
  • Wailua Beach Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 4430020130206

Property Details

Home Type

Condominium

Est. Annual Taxes

$707

Year Built

Built in 1970

Lot Details

0

HOA Fees

$699 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Road Frontage Type: HIS Sandy Beach
  • Attribution Contact: 8086390367
  • Co List Office Phone: 8082451651
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: WAILUA BEACH
  • Unit Levels: One
  • Living Area: 372.0
  • Property Attached Yn: Yes
  • Year Built: 1970
  • Tax Year: 2011
  • HIS_PoolYN: Yes
  • Unit Description: Inside Unit, Penthouse
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Private Contractor
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable, Wireless
  • Special Features: RealEstateOwned
  • Property Sub Type: Condos

Interior Features

  • Appliances: Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Exterior Features

  • Topography: Fairly Level
  • View: Ocean
  • Pool Features: In Ground, Outdoor Pool, Pool/Spa Combo
  • Waterfront: No
  • Roads: County, Paved, State

Garage/Parking

  • Parking Features: Unassigned

Utilities

  • Cooling: HIS Air Conditioning
  • Sewer: Other
  • Utilities: Cable Available, Other, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 699.0
  • Association Fee Frequency: Monthly
  • Project: ISLANDER ON THE BEACH

Lot Info

  • Zoning: RR-20
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4430020130206
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 706.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2010
Closed on
May 6, 2012
Sold by
Finance Factors Limited
Bought by
Korbas Adam Spencer and Korbas Michelle Dawn
Seller's Agent
Mark Tanaka
Kauai Realty, Inc.
Buyer's Agent
Barbara Morrison
Aloha Sotheby's International - Kauai
List Price
$165,000
Sold Price
$75,000
Premium/Discount to List
-$90,000
-54.55%
Total Days on Market
775
Current Estimated Value
$469,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,029
Avg. Annual Appreciation
15.01%

Purchase Details

Closed on
Feb 17, 2010
Sold by
Marshall Susan
Bought by
Finance Factors Limited

Purchase Details

Closed on
Aug 5, 2005
Sold by
Old Island Llc
Bought by
Polander Thomas Michael and Polander Mary Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
6.92%
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
Korbas Adam Spencer $75,000 Tg
Finance Factors Limited $83,300 Tg
Polander Thomas Michael $260,000 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Polander Thomas Michael $182,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2012 05/11/12 Sold $75,000 -54.5% $202 / Sq Ft
04/14/2012 04/14/12 Pending -- -- --
03/01/2010 03/01/10 For Sale $165,000 -- $444 / 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 $1,305 $147,500 $0 $0
2014 $565 $156,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Mark Tanaka

    Kauai Realty, Inc.

    (808) 639-0367

    8 in this area

    87 Total Sales

    Mark Tanaka
    Section Image

  • B

    Buyer's Agent in 2012

    Barbara Morrison

    Aloha Sotheby's International - Kauai

    (808) 631-9126

    1 in this area

    23 Total Sales

    Barbara Morrison
    Section Image
See All Agents

Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 232573

Hawaii Information Service (MLS Hawaii)

APN: 4-4-3-002-013-0206

Hawaii Kauai County Kapaa 96746 Wailua-Kauai

440 Aleka Place Unit 371, Kapaa, HI

This home is located at 440 Aleka Place Unit 371, Kapaa, HI 96746 since 01 March 2010 and is currently estimated at $469,029, approximately $1,260 per square foot. This property was built in 1970. 440 Aleka Place Unit 371 is a home located in Kauai County with nearby schools including Kapa'a Elementary School, Kapa'a Middle School, and Kapa'a High School.

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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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