NOT LISTED FOR SALE

525 Aleka Loop Unit A4 Kapaa, HI 96746

Estimated Value: $403,287 - $448,000

1 Bed
1 Bath
633 Sq Ft
$815/ mo HOA Fee

Last Sold August 03, 2021

Last sale price $274,000 $433 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,212/month

99 Days on Market

About This Home

As of August 2021

Plantation Hale was designed with old Hawaii in mind with its Polynesian style roofline and design elements. This desirable first floor condo is a very successful vacation rental! This corner unit has views of theSleeping Giant Mountain and Mt.Wai ale ale

It's located in the heart of Kauai on the Royal Coconut Coast in Kapaa. A stroll to the beach will have you on Kauai’s coastal bike path enjoying the blue Pacific Ocean.

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 Kealia Beach. Plantation Hale is also a short stroll away from a beautiful swimmable beach.
Neighboring Coconut Market Place has shopping, dining at great restaurants, and a wide range of tourist and local services to help you enjoy all the fun our island offers.

Plantation Hale is ideally situated in Kapaa within walking distance to beaches, shopping, restaurants, farmer’s market, area resorts, and the coastal bike/pedestrian pathway. Make this condo your vacation rental/investment property or your full time residence!

Plantation Hale complex boasts 3 Pools, shuffle board, picnic/BBQ area and is beautifully landscaped with tropical foliage and flowers

Already plenty of bookings for 2019

Rental is so successful availability for showings maybe limited

Some of the features include:
* One Bedroom, One Bathroom (633sf)
* Full Kitchen
* A/C Wall Unit
* Ground Level Unit
* Three Swimming Pools
* Jacuzzi
* Barbecue
* Lobby w/ Seating Areas
* Tropical Landscaping
* Laundry in Every Building
*

Last Agent to Sell the Property

Karen Agudong

eXp Realty Brokerage Phone: 8086520677 License #RB-17447 Listed on: 02/08/2021

eXp Realty

Last Buyer's Agent

Steve Searby

Bali Hai Realty, Inc. License #RS-60296

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,857

Year Built

  • Built in 1972

Lot Details

  • 8.85

HOA Fees

  • $815 Monthly HOA Fees

Parking

  • Unassigned Parking

Interior Spaces

  • 633 Sq Ft Home
  • Laminate Flooring

Kitchen

  • Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Air Conditioning
  • Cooling System Mounted To A Wall/Window
  • Underground Utilities

Additional Features

  • In Ground Pool
  • Property fronts a county road

Community Details

  • Plantation Hale Community
  • Wailua Beach Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 4430020170004

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,857

Year Built

Built in 1972

Lot Details

8.85 Acres

HOA Fees

$815 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: WAILUA BEACH
  • Living Area: 633.0
  • Property Attached Yn: Yes
  • Year Built: 1972
  • Tax Year: 2020
  • HIS_PoolYN: Yes
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • Land Tenure: Fee Simple
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Disposal, Microwave, Range, Refrigerator
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Flooring: Laminate

Exterior Features

  • Pool Features: In Ground
  • Waterfront: No
  • Roads: County

Garage/Parking

  • Parking Features: Unassigned

Utilities

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

Condo/Co-op/Association

  • Association Fee: 815.0
  • Association Fee Frequency: Monthly
  • Project: PLANTATION HALE

Lot Info

  • Zoning: RR-20
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4430020170004
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2857.0

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2021
Sold by
Searby Steve and Steve Searby Trust
Bought by
Nichols Gary Kent and Nichols Susan Laura
Current Estimated Value
$428,072

Purchase Details

Listed on
Feb 8, 2021
Closed on
Jul 29, 2021
Sold by
Punua Matthew Lee Helekunihi
Bought by
Searby Steve and Steve Searby Trust
Seller's Agent
Karen Agudong
eXp Realty
Buyer's Agent
Steve Searby
Bali Hai Realty, Inc.
List Price
$289,000
Sold Price
$274,000
Premium/Discount to List
-$15,000
-5.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.19%
Original Mortgage
$80,000
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 6, 2019
Closed on
Jul 25, 2019
Sold by
Singh Surender Jainandun
Bought by
Punua Matthew Lee Helekunihi
Seller's Agent
Pearl Young
Faith Naluai, LLC
Buyer's Agent
Karen Agudong
eXp Realty
List Price
$280,000
Sold Price
$275,000
Premium/Discount to List
-$5,000
-1.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.18%
Original Mortgage
$192,500
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2004
Sold by
Singh Surender Jainandun and Singh Grisela Ochoa Jainandun
Bought by
Singh Surender Jainandun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 2003
Sold by
Tegan Peter Allen and Lach Linda Elaine Foster
Bought by
Singh Surender Jainandun and Singh Grisela Ochoa Jainandun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Nichols Gary Kent -- Tg
Searby Steve $274,000 Fntic
Punua Matthew Lee Helekunihi $275,000 Or
Singh Surender Jainandun -- --
Singh Surender Jainandun $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Searby Steve $80,000
Previous Owner Punua Matthew Lee Helekunihi $192,500
Previous Owner Singh Surender Jainandun $172,000
Previous Owner Singh Surender Jainandun $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2024 10/15/24 Off Market $275,000 -- --
10/10/2024 10/10/24 Off Market $274,000 -- --
11/02/2021 11/02/21 Off Market $274,000 -- --
08/03/2021 08/03/21 Sold $274,000 -5.2% $433 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
02/08/2021 02/08/21 For Sale $289,000 +5.1% $457 / Sq Ft
07/31/2019 07/31/19 Sold $275,000 -1.8% $434 / Sq Ft View Prior Sale
06/07/2019 06/07/19 Pending -- -- --
05/06/2019 05/06/19 For Sale $280,000 -- $442 / Sq Ft
Source: Hawaii Information Service (MLS Hawaii)

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 $2,448 $464,700 -- $464,700
2024 $2,448 $449,200 -- $449,200
2023 $2,371 $435,000 $0 $435,000
2022 $1,863 $308,000 $0 $0
2021 $2,784 $282,600 $0 $0
2020 $2,857 $290,000 $0 $290,000
2019 $2,364 $240,000 $0 $240,000
2018 $1,396 $176,500 $0 $176,500
2017 $1,396 $157,700 $0 $157,700
2016 $1,483 $167,600 $0 $167,600
2015 $767 $173,300 $0 $0
2014 $1,003 $121,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Agudong

    Seller's Agent in 2021

    Karen Agudong

    eXp Realty

    (808) 652-0677

    22 in this area

    60 Total Sales

    Karen Agudong
    Section Image

  • S

    Buyer's Agent in 2021

    Steve Searby

    Bali Hai Realty, Inc.

    (808) 652-4880

    6 in this area

    21 Total Sales

    Steve Searby
    Section Image

  • P

    Seller's Agent in 2019

    Pearl Young

    Faith Naluai, LLC

    (808) 268-8684

    11 in this area

    36 Total Sales

    Pearl Young
    Section Image
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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 646578

Hawaii Information Service (MLS Hawaii)

APN: 4-4-3-002-017-0004

Hawaii Kauai County Kapaa 96746

525 Aleka Loop Unit A4, Kapaa, HI

Not Listed for Sale

Condos

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