NOT LISTED FOR SALE

525 Aleka Loop Unit B8 Kapaa, HI 96746

Estimated Value: $423,895 - $445,000

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

Last Sold May 11, 2021

Last sale price $260,000 $411 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,541/month

27 Days on Market

Highlights

  • Pool and Spa
  • Security Guard
  • Coin Laundry
  • End Unit
  • Ceramic Tile Flooring

About This Home

As of May 2021

Plantation Hale is simply the most affordable 1 BR condo solution on the island of Kauai. With a galley kitchen, large lanai, master bedroom, and full bath, Plantation Hale B8 is an ideal solution for simple island living. Just a short walk away from the beach, unit B8 is a ground floor corner unit and is located in the Visitor Designation Area (VDA) allowing for short term vacation rentals or, it can be enjoyed as a full or part-time residence. Owner self manages the vacation rentals through vrbo.com

Centrally located by Ke Ala Hele Makalae (the multi-use path that runs by the sea), Plantation Hale is just a stones’ throw away from the ever-growing Coconut Marketplace, home of excellent restaurants, convenient gourmet shopping, and retail shops. Or, you can take a short stroll north to Long’s drugs and the two main shopping centers where Safeway and Starbucks are both located.

The condo has a nicely upgraded bathroom, a kitchen with granite slab counters and updated cabinets, and a breakfast bar. The laminate floors are easy to maintain in Kauai’s environment. The living room and good-sized master both have sliding doors to a very large lanai. And of course, Plantation Hale has many amenities plus the tropical ambiance for convenient Hawaiian-style living. Beach access is just across the street.

Plantation Hale amenities include:
* Three Swimming Pools
* Putting Green
* Jacuzzi
* Shuffleboard
* Barbecue
* Lobby w/ Seating Areas
* Tropical Landscaping
* Laundry in E building
* Vacation Rental Allowed
* Small pet friendly

Last Agent to Sell the Property

Ronnie Margolis

eXp Realty Brokerage Phone: 8083467095 License #RB-20918 Listed on: 02/05/2021

eXp Realty

Last Buyer's Agent

Tina Funk

Blue Jade Real Estate License #RB-22903

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,608

Year Built

  • Built in 1972

Lot Details

  • Property fronts a county road
  • End Unit

HOA Fees

  • $815 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Double Stud Wall

Interior Spaces

  • 633 Sq Ft Home
  • 2-Story Property
  • Drapes & Rods

Kitchen

  • Range
  • Microwave
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • Pool and Spa
  • Gunite Pool

Utilities

  • Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Electric Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 4430020170024

Community Details

Overview

  • Plantation Hale Community
  • Wailua Beach Subdivision

Pet Policy

  • Pets Allowed

Additional Features

  • Coin Laundry
  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,608

Year Built

Built in 1972

Lot Details

0

HOA Fees

$815 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Reso Fencing: None
  • Road Frontage Type: Road/Street
  • ResoSecurityFeatures: Security Guard, Security Patrol
  • Attribution Contact: 8083467095
  • Co List Office Phone: 8087252794
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: WAILUA BEACH
  • Unit Levels: Two
  • Living Area: 633.0
  • Property Attached Yn: Yes
  • Reso Window Features: Drapes
  • Year Built: 1972
  • Tax Year: 2020
  • HIS_PoolYN: Yes
  • Unit Description: End Unit, Even Number Unit
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable, DSL
  • HIS_WaterHeater: Electric
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Flooring: Ceramic Tile, Laminate
  • Total Bathrooms: 1
  • Design: Double Wall

Exterior Features

  • Pool Features: Gunite, Pool/Spa Combo
  • Waterfront: No
  • Roads: County

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Cooling: 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: 815.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Project: PLANTATION HALE

Lot Info

  • Zoning: RR-20
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4430020170024

Tax Info

  • Tax Annual Amount: 2608.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2021
Closed on
Apr 7, 2021
Sold by
Pope Thomas Mackenzie and Pope Deborah Louise
Bought by
Shigekane Harry Toshio and Shigekane Carole Shizue
Seller's Agent
Ronnie Margolis
eXp Realty
Buyer's Agent
Tina Funk
Blue Jade Real Estate
List Price
$269,000
Sold Price
$260,000
Premium/Discount to List
-$9,000
-3.35%
Current Estimated Value
$434,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,474
Avg. Annual Appreciation
12.35%
Original Mortgage
$195,000
Outstanding Balance
$176,343
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$258,131

Purchase Details

Listed on
May 17, 2018
Closed on
Jul 13, 2018
Sold by
Halinen Joel David and Halinen Kimberly Ann
Bought by
Pope Thomas Mackenzie and Pope Deborah Louise Gardner
Seller's Agent
Stacie Whitfield
FLATLIST.COM
Buyer's Agent
Ronnie Margolis
eXp Realty
List Price
$249,000
Sold Price
$235,000
Premium/Discount to List
-$14,000
-5.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.65%

Purchase Details

Listed on
Jul 25, 2016
Closed on
Apr 28, 2017
Sold by
Cummings Helene Bailey
Bought by
Halinen Joel David and Halinen Kimberly Ann
Seller's Agent
Tom Summers
Summers Realty
Buyer's Agent
Linda Summers
Summers Realty
List Price
$175,000
Sold Price
$158,000
Premium/Discount to List
-$17,000
-9.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.60%
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
Shigekane Harry Toshio $260,000 Tg
Pope Thomas Mackenzie -- Or
Halinen Joel David $158,000 Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shigekane Harry Toshio $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2024 11/07/24 Off Market $260,000 -- --
05/11/2021 05/11/21 Sold $260,000 -3.3% $411 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $269,000 +14.5% $425 / Sq Ft
07/18/2018 07/18/18 Sold $235,000 -5.6% $371 / Sq Ft View Prior Sale
05/30/2018 05/30/18 Pending -- -- --
05/17/2018 05/17/18 For Sale $249,000 +57.6% $393 / Sq Ft
08/06/2017 08/06/17 Off Market $158,000 -- --
05/08/2017 05/08/17 Sold $158,000 -9.7% $250 / Sq Ft View Prior Sale
04/11/2017 04/11/17 Pending -- -- --
07/25/2016 07/25/16 For Sale $175,000 -- $276 / 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 $4,969 $440,000 -- $440,000
2024 $4,969 $439,700 -- $439,700
2023 $2,634 $409,900 $0 $409,900
2022 $2,634 $267,400 $0 $0
2021 $2,626 $266,600 $0 $0
2020 $2,608 $264,800 $0 $264,800
2019 $2,608 $209,300 $0 $209,300
2018 $897 $3,800 $0 $3,800
2015 $505 $166,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 646784

Hawaii Information Service (MLS Hawaii)

APN: 4-4-3-002-017-0024