$440,000
SOLD JUN 20, 2025

525 Aleka Loop Unit B9 Kapaa, HI 96746

Wailua-Kauai Neighborhood
1 Bed
1 Bath
633 Sq Ft
$1,332/mo HOA Fee

Recently Sold

$695 Per Sq Ft

9% Below List Price

96 Days on Market

Highlights

  • In Ground Pool
  • Coin Laundry
  • Carpet

About This Home

As of June 2025

OCEANVIEW Plantation Hale #B-9 is a hard-working, very busy, high-occupancy vacation rental! Ultra-convenient location in between the lush Northshore and the sunny Southside and near Lihue. You can walk or ride a bike to almost anything you want including shopping, 15+ restaurants, and all that historic Kapaa Town has to offer. The Ke Ala Hele Makalae bike path goes for miles in either direction along the ocean from Lydgate Park to Kuna Bay.

Being a desirable top-floor, end-unit, you have 2 additional windows that interior units don't have. This captures the tradewinds and the panoramas. You will spend a surprising amount of time on your covered lanai getting away from all the worries of the world. Relaxing. Enjoying. Reading a good book.

The one bedroom, one full bathroom, with a full kitchen opens up to a relaxing living area and dining area. With the pull-out couch, this unit sleeps 4 adults comfortably. Oceanview from the living room, dining area, and kitchen.

Sleek, custom tile work in the full bathtub. Upgraded with "Moondust" granite counters in the kitchen and bathroom, 2 flat-screen TVs, and 2 split-system air conditioners, you could totally live here forever.

3 pools, gas grills, hot tub, and even a shuffleboard court are available on-site for you and your guests. Vacation rental, long-term rental, snow-bird residence, or year-round home = the choice is yours!

Successful vacation rental condominium thru the Plantation Hale on-site management makes it an easy property to own and enjoy. Just like these owners have for 20 years. We have Lenders ready to lend on this resort!

Last Agent to Sell the Property

Jimmy Johnson

RE/MAX Kauai - Princeville Office Brokerage Phone: 8086399675 License #RB-18149 Listed on: 01/31/2025

RE/MAX Kauai - Princeville Office

Last Buyer's Agent

Jimmy Johnson

RE/MAX Kauai - Princeville Office Brokerage Phone: 8086399675 License #RB-18149 Listed on: 01/31/2025

RE/MAX Kauai - Princeville Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,397

Year Built

  • Built in 1972

HOA Fees

  • $1,332 Monthly HOA Fees

Parking

  • Unassigned Parking

Interior Spaces

  • 633 Sq Ft Home
  • Carpet
  • Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool

Utilities

  • Underground Utilities
  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 4430020170025

Community Details

Overview

  • Plantation Hale Community
  • Wailua Beach Subdivision

Amenities

  • Coin Laundry

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,397

Year Built

Built in 1972

Lot Details

0

HOA Fees

$1,332 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Attribution Contact: 8086399675
  • Co List Office Phone: 8088269675
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: WAILUA BEACH
  • Living Area: 633.0
  • Property Attached Yn: Yes
  • Year Built: 1972
  • Tax Year: 2024
  • HIS_PoolYN: Yes
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: County-Charge
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable, DSL, Satellite, Wireless
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Flooring: Carpet
  • Total Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Parking Features: Unassigned

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1332.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: No
  • Project: PLANTATION HALE

Lot Info

  • Zoning: RR-20
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4430020170025

Tax Info

  • Tax Annual Amount: 5396.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2025
Closed on
May 24, 2025
Sold by
Vernon J Labau Living Trust and Kay T Labau Living Trust
Bought by
Bannerman Bryce Oren
Seller's Agent
Jimmy Johnson
RE/MAX Kauai - Princeville Office
Buyer's Agent
Jimmy Johnson
RE/MAX Kauai - Princeville Office
List Price
$485,000
Sold Price
$440,000
Premium/Discount to List
-$45,000
-9.28%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
72.55%

Purchase Details

Closed on
Jul 17, 2002
Sold by
Labau Madelyn Kay and Labau Kay T
Bought by
Labau Vernon J and Labau Kay T

Purchase Details

Closed on
Apr 20, 2002
Sold by
Cebeci Tuncer and Cebeci Sylvia Ann
Bought by
Labau Madelyn Kay
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 Type Sale Price Title Company
Warranty Deed -- Old Republic Title
Interfamily Deed Transfer -- --
Deed $117,000 Security Title Corporation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $40,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 Sold $440,000 -9.3% $695 / Sq Ft
01/31/2025 01/31/25 For Sale $485,000 -- $766 / 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 $5,397 $489,100 -- $489,100
2024 $5,397 $477,600 -- $477,600
2023 $4,245 $431,000 $0 $431,000
2022 $3,189 $323,800 $0 $0
2021 $2,896 $294,000 $0 $0
2020 $2,799 $284,200 $0 $284,200
2019 $2,399 $243,600 $0 $243,600
2018 $1,917 $194,600 $0 $194,600
2017 $1,598 $180,600 $0 $180,600
2016 $1,532 $173,100 $0 $173,100
2015 $786 $177,700 $0 $0
2014 $1,123 $138,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 717835

Hawaii Information Service (MLS Hawaii)

APN: 4-4-3-002-017-0025