NOT LISTED FOR SALE

525 Aleka Loop Unit E2 Kapaa, HI 96746

Estimated Value: $401,722 - $448,000

1 Bed
1 Bath
633 Sq Ft
$805/ mo HOA Fee

Last Sold April 08, 2021

Last sale price $250,000 $395 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,406/month

397 Days on Market

About This Home

As of April 2021

Plantation Hale E2 is a desirable first floor condo and a successful vacation rental. Currently managed by onsite front desk OLS hotels. E-2 grossed $45k in 2019! Condo comes fully furnished/turn key. It's located in the heart of Kauai on the Royal Coconut Coast in Kapaa. A short stroll to the beach and Kauai’s coastal bike path. Condo is ideally situated in Kapaa with a booming foodie scene various food trucks and ample swimming locations all within walking distance.

Plantation Hale's features include:
* One Bedroom, One Bathroom (633sf)
* Full Kitchen
* A/C Wall Unit
* Ground Level Unit
* Spacious Lanai
* Updated Furnishings Package
* 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

Jeremy Smith

Destination Kauai LLC Brokerage Phone: 8086510710 License #RB-21860 Listed on: 01/20/2020

Last Buyer's Agent

Diana Hegmann

eXp Realty License #RB-23044

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,270

Year Built

  • Built in 1972

Lot Details

  • 8.85

HOA Fees

  • $805 Monthly HOA Fees

Parking

  • Unassigned Parking

Interior Spaces

  • 633 Sq Ft Home
  • Carpet

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Property fronts a county road
  • Underground Utilities

Community Details

  • Plantation Hale Community
  • Wailua Beach Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 4430020170066

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,270

Year Built

Built in 1972

Lot Details

8.85 Acres

HOA Fees

$805 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: 2019
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • Land Tenure: Fee Simple
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

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

Exterior Features

  • Waterfront: No
  • Roads: County, Street Lights

Garage/Parking

  • Parking Features: Unassigned

Utilities

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

Condo/Co-op/Association

  • Association Fee: 805.0
  • Association Fee Frequency: Monthly
  • Project: PLANTATION HALE

Lot Info

  • Zoning: RR-20
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4430020170066
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2270.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2020
Closed on
Mar 30, 2021
Sold by
Dandapani Shyamadeva and Dandapani Peshanidevi
Bought by
He Robin Zhe
Seller's Agent
Jeremy Smith
Destination Kauai LLC
Buyer's Agent
Diana Hegmann
eXp Realty
List Price
$285,000
Sold Price
$250,000
Premium/Discount to List
-$35,000
-12.28%
Current Estimated Value
$425,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,431
Avg. Annual Appreciation
11.41%
Original Mortgage
$115,000
Outstanding Balance
$103,664
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$321,767
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
He Robin Zhe $250,000 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open He Robin Zhe $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2024 10/12/24 Off Market $250,000 -- --
07/09/2021 07/09/21 Off Market $250,000 -- --
04/08/2021 04/08/21 Sold $250,000 -12.3% $395 / Sq Ft
02/20/2021 02/20/21 Pending -- -- --
01/20/2020 01/20/20 For Sale $285,000 -- $450 / 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 $4,932 $462,900 -- $462,900
2024 $4,932 $436,500 -- $436,500
2023 $4,161 $422,400 $0 $422,400
2022 $2,879 $292,300 $0 $0
2021 $2,660 $270,100 $0 $0
2020 $2,735 $277,700 $0 $277,700
2019 $2,735 $230,500 $0 $230,500
2018 $1,532 $165,800 $0 $165,800
2017 $1,532 $173,100 $0 $173,100
2016 $1,427 $161,200 $0 $161,200
2015 $1,099 $168,100 $0 $0
2014 $1,099 $116,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 635935

Hawaii Information Service (MLS Hawaii)

APN: 4-4-3-002-017-0066

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