NOT LISTED FOR SALE

525 Aleka Loop Unit F9 Kapaa, HI 96746

Wailua-Kauai Neighborhood

Estimated Value: $482,944 - $512,000

1 Bed
1 Bath
633 Sq Ft
$1,200/mo HOA Fee

Last Sold May 29, 2024

Last sale price $490,000 $774 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,269/month

4 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Carpet

About This Home

As of May 2024

Vacation rentable. Fee simple. Full kitchen. One bedroom. Under $500,000! Across the street from the beach in Kapaa Town is the Plantation Hale resort. With lush, tropical grounds, 3 pools, shuffleboard, barbeque grills, and a central location on the island, this unit presents an excellent value.
Updated with air-conditioning, granite counters, a remodeled bathroom, and newer furnishings. Two queen beds in the bedroom make it very desirable as a vacation rental. Being an end unit, it has extra windows for additional breeze and brightness.
Walk to the beach across the street for glorious sunrises. Stroll to Imua Coffee Roasters for some brewed bean or numerous shops and restaurants in the Coconut Marketplace right next door. Hop on the Ke Ala Hele Makalae Multi-Use Path aka bike path and ride for miles in either direction.
Whether you live here, long-term rent it, or enjoy it's solid performance as a vacation-rental, you've got options. Block out the dates you want to enjoy your property and rent it out the rest of the time.

Last Agent to Sell the Property

Jimmy Johnson

RE/MAX Kauai - Princeville Office Brokerage Phone: 8086399675 License #RB-18149 Listed on: 03/08/2024

RE/MAX Kauai - Princeville Office

Last Buyer's Agent

Robert Middleton

Kauai Isle Real Estate License #RB-11319

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,245

Year Built

  • Built in 1972

Lot Details

  • 9

HOA Fees

  • $1,200 Monthly HOA Fees

Parking

  • Unassigned Parking

Interior Spaces

  • 633 Sq Ft Home
  • Carpet
  • Ocean Views

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Pool

  • In Ground Pool
  • Gunite Pool

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 4430020170089

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,245

Year Built

Built in 1972

Lot Details

0

HOA Fees

$1,200 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: 2023
  • HIS_PoolYN: Yes
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

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

Exterior Features

  • View: Ocean
  • Pool Features: Gunite, In Ground
  • Waterfront: No
  • Roads: Paved

Garage/Parking

  • Parking Features: Unassigned

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1200.0
  • Association Fee Frequency: Monthly
  • Project: PLANTATION HALE

Lot Info

  • Zoning: RR-20
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4430020170089
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4245.35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
May 15, 2024
Sold by
Simon Denise Claire and Simon Denise Gerard
Bought by
Patel Jaimini Indravadan and Devani Ankit
Seller's Agent
Jimmy Johnson
RE/MAX Kauai - Princeville Office
Buyer's Agent
Robert Middleton
Kauai Isle Real Estate
List Price
$490,000
Sold Price
$490,000
Total Days on Market
4
Views
29
Current Estimated Value
$493,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,486
Avg. Annual Appreciation
0.70%
Original Mortgage
$367,000
Interest Rate
7.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2003
Sold by
Uhrig Henry Thomas
Bought by
Uhrig Irene Corral
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
Patel Jaimini Indravadan -- Ortc
Uhrig Irene Corral -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Jaimini Indravadan $367,500
Closed Patel Jaimini Indravadan $367,000
Previous Owner Uhrig Henry Thomas $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2024 09/14/24 Off Market $490,000 -- --
06/06/2024 06/06/24 Off Market $490,000 -- --
06/03/2024 06/03/24 Off Market $490,000 -- --
05/29/2024 05/29/24 Sold $490,000 0.0% $774 / Sq Ft
04/28/2024 04/28/24 Off Market $490,000 -- --
04/07/2024 04/07/24 Off Market $490,000 -- --
03/14/2024 03/14/24 For Sale $490,000 0.0% $774 / Sq Ft
03/08/2024 03/08/24 For Sale $490,000 -- $774 / 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 $1,926 $195,500 $0 $195,500
2017 $1,653 $186,800 $0 $186,800
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: 708698

Hawaii Information Service (MLS Hawaii)

APN: 4-4-3-002-017-0089