NOT LISTED FOR SALE

525 Aleka Loop Unit J2 Kapaa, HI 96746

Estimated Value: $472,000 - $578,000

1 Bed
1 Bath
633 Sq Ft
$1,000/ mo HOA Fee

Last Sold January 24, 2024

Last sale price $555,000 $877 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $3,941/month

5 Days on Market

Highlights

  • Pool and Spa
  • End Unit
  • Air Conditioning
  • Garden View
  • Ground Level Unit
  • High Speed Internet

About This Home

As of January 2024

The only unit at Plantation Hale that is 100% refurbished. Some of the details and amenities:
* The unit was taken down to studs
* New electrical in whole unit with recessed lighting all with dimmers
* Asbestos removed
* Freshly painted entire unit in neutral grey tones.
* Crown molding in entire unit
* Italian grey plank porcelain floor tile throughout
* New large AC unit
* High end designer fans
* New light and airy drapery for window coverings, Master bedroom has blackout style drapes
* Custom fully equipped kitchen with solid wood cabinets to ceiling for extra storage.
* Full size range with ceramic/glass top
* Double garbage bin
* Built in spice rack
* All new high end stainless top of line appliances
* White farm sink
* Quartz custom made counters
* Removed large cabinet at end of counter to bring more light and space.
* Large open bar area for eating
* Bathroom is entirely new with Quartz counter, vessel sink and storage.
* The shower is step in with porcelain tile throughout and glass block wall. Rain head shower
* Large sofa with open end for reclining, colorful pillows to match decor
* Pillow top California King Mattress for a restful night sleep
* Unit has two sliding door from bedroom and living room with a double lanai opening to pool
* Ground floor unit plus putting green, shuffleboard, 3 swimming pools, Jacuzzi, open air lobby with seating and pick up from Kauai Bus, walk to many restaurants, shopping, beaches, walking.bike path, etc
* Small pets are allowed.
* Immediate access for showings since we are not renting and selling as brand new.
* Unit has not been rented since fully renovated to keep in brand new condition
* Renovation cost $100,000

Last Agent to Sell the Property

Ilona Coffey

Coldwell Banker Island Properties - Kauai Brokerage Phone: 8086351495 License #RB-21090 Listed on: 12/05/2023

Coldwell Banker Island Properties - Kauai

Last Buyer's Agent

Jenni Lee

KW Big Island License #RS-69239

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,161

Year Built

  • Built in 1972

Lot Details

  • Property fronts a private road
  • Property fronts a county road
  • End Unit
  • Grass Covered Lot

HOA Fees

  • $1,000 Monthly HOA Fees

Parking

  • Unassigned Parking

Home Design

  • Double Stud Wall

Interior Spaces

  • 633 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Garden Views

Kitchen

  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • Pool and Spa
  • Gunite Pool

Location

  • Ground Level Unit

Utilities

  • Air Conditioning
  • Underground Utilities
  • High Speed Internet
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • 16 Units
  • Plantation Hale Community
  • Wailua Beach Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 4430020170130
  • $200 Monthly special tax assessment

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,161

Year Built

Built in 1972

Lot Details

8.85 Acres

HOA Fees

$1,000 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Reso Fencing: None
  • ResoLotFeatures: Grassy
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: WAILUA BEACH
  • Unit Levels: Two
  • Living Area: 633.0
  • Property Attached Yn: Yes
  • Year Built: 1972
  • Tax Year: 2023
  • HIS_PoolYN: Yes
  • Unit Description: End Unit, Even Number Unit, Ground Unit
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • Land Tenure: Fee Simple
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_SpecialAssessmentAmount: 200
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable, T1 and Higher, Wireless
  • HIS_Easement: None
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, HIS Microwave Hood, Refrigerator, Washer
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Flooring: Carpet
  • Stories: 2
  • Design: Double Wall

Exterior Features

  • Topography: Fairly Level
  • View: Garden
  • Pool Features: Gunite, Pool/Spa Combo
  • Waterfront: No
  • Roads: County, Paved, Private

Garage/Parking

  • Parking Features: Unassigned

Utilities

  • Cooling: HIS Air Conditioning
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1000.0
  • Association Fee Frequency: Monthly
  • Project: PLANTATION HALE

Lot Info

  • Zoning: RR-20
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4430020170130
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 16

Tax Info

  • Tax Annual Amount: 4160.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2023
Closed on
Jan 16, 2024
Sold by
Velten Brian Nicholas and Velten Fernanda Luiza
Bought by
Ly David Lucky and Ly Aundria Cherise
Seller's Agent
Ilona Coffey
Coldwell Banker Island Properties - Kauai
Buyer's Agent
Jenni Lee
KW Big Island
List Price
$550,000
Sold Price
$555,000
Premium/Discount to List
$5,000
0.91%
Views
26
Current Estimated Value
$520,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,490
Avg. Annual Appreciation
-3.07%
Original Mortgage
$416,250
Outstanding Balance
$408,966
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$111,544

Purchase Details

Listed on
Apr 22, 2022
Closed on
Jun 20, 2022
Sold by
Alison Carlson Shannon
Bought by
Velten Brian Nicholas
Seller's Agent
Ilona Coffey
Coldwell Banker Island Properties - Kauai
Buyer's Agent
Ilona Coffey
Coldwell Banker Island Properties - Kauai
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.10%
Original Mortgage
$337,500
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 26, 2020
Closed on
Oct 7, 2020
Sold by
Twombley Gregory Leroy and Twombley Jennifer Hamilton
Bought by
Carlson Shannon Alison
Seller's Agent
Rosemary Smith
Rosewood Real Estate
Buyer's Agent
Lori Finch
eXp Realty
List Price
$385,000
Sold Price
$295,000
Premium/Discount to List
-$90,000
-23.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.39%
Original Mortgage
$206,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2004
Sold by
Smith Laurence Ryan
Bought by
Twombley Gregory Leroy and Twombley Jennifer Hamilton
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Ly David Lucky -- Old Republic Title
Velten Brian Nicholas -- Old Republic Title
Velten Brian Nicholas -- Old Republic Title
Carlson Shannon Alison $295,000 Or
Twombley Gregory Leroy $274,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ly David Lucky $416,250
Previous Owner Velten Brian Nicholas $337,500
Previous Owner Carlson Shannon Alison $206,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/06/2024 11/06/24 Off Market $295,000 -- --
09/24/2024 09/24/24 Off Market $555,000 -- --
04/23/2024 04/23/24 Off Market $555,000 -- --
02/08/2024 02/08/24 Off Market $550,000 -- --
01/24/2024 01/24/24 Sold $555,000 +0.9% $877 / Sq Ft
12/02/2023 12/02/23 For Sale $550,000 +22.2% $869 / Sq Ft
06/21/2022 06/21/22 Sold $450,000 0.0% $711 / Sq Ft View Prior Sale
04/22/2022 04/22/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $450,000 +52.5% $711 / Sq Ft
01/12/2021 01/12/21 Off Market $295,000 -- --
10/13/2020 10/13/20 Sold $295,000 -23.4% $466 / Sq Ft View Prior Sale
07/25/2020 07/25/20 Pending -- -- --
02/26/2020 02/26/20 For Sale $385,000 -- $608 / 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 $5,362 $502,000 -- $502,000
2024 $5,362 $474,500 -- $474,500
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 $2,270 $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 $744 $168,100 $0 $0
2014 $1,099 $116,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ilona Coffey

    Seller's Agent in 2024

    Ilona Coffey

    Coldwell Banker Island Properties - Kauai

    (808) 635-1495

    35 in this area

    97 Total Sales

    Ilona Coffey
    Section Image

  • J

    Buyer's Agent in 2024

    Jenni Lee

    KW Big Island

    (808) 430-3022

    1 in this area

    80 Total Sales

    Jenni Lee
    Section Image

  • R

    Seller's Agent in 2020

    Rosemary Smith

    Rosewood Real Estate

    (808) 635-9048

    7 in this area

    11 Total Sales

    Rosemary Smith
    Section Image

  • L

    Buyer's Agent in 2020

    Lori Finch

    eXp Realty

    (808) 639-7022

    3 in this area

    20 Total Sales

    Lori Finch
    Section Image
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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 706115

Hawaii Information Service (MLS Hawaii)

APN: 4-4-3-002-017-0130

Hawaii Kauai County Kapaa 96746

525 Aleka Loop Unit J2, Kapaa, HI

Not Listed for Sale

Condos

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