NOT LISTED FOR SALE

525 Aleka Loop Unit E5 Kapaa, HI 96746

Wailua-Kauai Neighborhood

Estimated Value: $469,000 - $498,000

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

Last Sold May 27, 2022

Last sale price $375,000 $592 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,790/month

25 Days on Market

About This Home

As of May 2022

Wow! Great versatile use condo at a great price. Plantation Hale is great for owner occupancy, short term vacation rental, or long-term rental. This ground floor unit provides easy, convenient access and great walkability to the beach, Coconut Marketplace (Sushi Bushido, JoJo's Shave Ice, Chicken in a Barrel, Bobby V's Italian Restaurant, Island Country Markets, the list goes on!), Hukilau Lanai, and Longs Drugs. Some of the best walkability from any condo on all of Kauai. This condo comes fully furnished and turn-key, it is currently a successful vacation rental.

Last Agent to Sell the Property

Michael Ambrose

Keller Williams Honolulu Brokerage Phone: 8088550777 License #RS-82434 Listed on: 02/21/2022

Keller Williams Honolulu

Last Buyer's Agent

Adam Hatzell

Berkshire Hathaway HomeServices Maui Properties License #RS-77374

Berkshire Hathaway HomeServices Maui Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,783

Year Built

  • Built in 1972

Lot Details

  • 9

HOA Fees

  • $815 Monthly HOA Fees

Parking

  • Unassigned Parking

Interior Spaces

  • 633 Sq Ft Home
  • Carpet
  • Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Underground Utilities

Community Details

  • Plantation Hale Community
  • Wailua Beach Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 4430020170069

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,783

Year Built

Built in 1972

Lot Details

0

HOA Fees

$815 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Attribution Contact: 8088550777
  • Co List Office Phone: 8085962888
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: WAILUA BEACH
  • Living Area: 633.0
  • Property Attached Yn: Yes
  • Year Built: 1972
  • Tax Year: 2021
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

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

Exterior Features

  • Waterfront: No
  • Roads: Paved

Garage/Parking

  • Parking Features: Unassigned

Utilities

  • Cooling: Cash
  • 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: 4430020170069
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2783.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2022
Closed on
May 21, 2022
Sold by
Allen Morgan John
Bought by
Phillips Albert Michael and Phillips Fannie Jean
Seller's Agent
Michael Ambrose
Keller Williams Honolulu
Buyer's Agent
Adam Hatzell
Berkshire Hathaway HomeServices Maui Properties
List Price
$325,000
Sold Price
$375,000
Premium/Discount to List
$50,000
15.38%
Total Days on Market
25
Current Estimated Value
$480,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,925
Avg. Annual Appreciation
7.91%

Purchase Details

Closed on
Sep 15, 2005
Sold by
Morgan John A and Lajoie Donna
Bought by
Morgan John Allen
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
Phillips Albert Michael -- None Listed On Document
Phillips Albert Michael -- None Listed On Document
Morgan John Allen -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2022 08/25/22 Off Market $375,000 -- --
05/27/2022 05/27/22 Sold $375,000 +15.4% $592 / Sq Ft
03/18/2022 03/18/22 Pending -- -- --
02/21/2022 02/21/22 For Sale $325,000 -- $513 / 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 $5,076 $464,700 -- $464,700
2024 $5,076 $449,200 -- $449,200
2023 $4,285 $435,000 $0 $435,000
2022 $3,034 $308,000 $0 $0
2021 $2,784 $282,600 $0 $0
2020 $2,857 $290,000 $0 $290,000
2019 $2,857 $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 $1,534 $173,300 $0 $0
2014 $1,028 $121,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 657583

Hawaii Information Service (MLS Hawaii)

APN: 4-4-3-002-017-0069