NOT LISTED FOR SALE

525 Aleka Loop Unit J5 Kapaa, HI 96746

Estimated Value: $427,000 - $515,000

1 Bed
1 Bath
633 Sq Ft
8.85 Acre Lot

Sale Details

Date Sold: October 25, 2024

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

Est. 5% decrease in value since last sale

Current estimated payment $4,298 / mo

50 Days on Market

About This Home

As of October 2024

This recently upgraded ocean-facing Plantation Hale condo is located on the ground floor of the quiet side of the complex with a true ocean view. Only a dozen steps from parking and right by one of the three pools on the property, it’s an active income-generating vacation rental with consistent bookings and repeat guests. As a one bedroom end unit, it includes extra ventilation with more windows, a full size kitchen, newly installed flooring in the living room and bedroom, all new bathroom fixtures, a brand new AC unit, new memory foam queen beds, two new flat screen smart TVs and a WiFi smart locking system, making it a turn-key investment opportunity.

The unit comes fully furnished and equipped with everything you or your guests may need: fully stocked kitchen with all small appliances, extra bedding, extra towels, beach gear, vacuum, etc. Right next to the shopping and dining of Coconut Marketplace, the location is also convenient for linking up with the oceanfront Kauai Path for a stroll or bike ride. Currently, the unit is privately managed with a transferable calendar of bookings and high revenue potential. Options for on-site management are also available.

Last Agent to Sell the Property

Chris Sanderl

eXp Realty Brokerage Phone: 8086358992 License #RS-74474 Listed on: 07/22/2024

eXp Realty

Last Buyer's Agent

Jill Caisey

Hawaii Life License #RS-79794

Hawaii Life

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,227

Year Built

  • Built in 1972

Lot Details

  • Ocean Front
  • Property fronts a county road

HOA Fees

  • $1,332 Monthly HOA Fees

Parking

  • Unassigned Parking

Interior Spaces

  • 633 Sq Ft Home
  • Carpet
  • Ocean Views

Kitchen

  • Range with Range Hood
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Community Details

  • Plantation Hale Community
  • Wailua Beach Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 4430020170133

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,227

Year Built

Built in 1972

Lot Details

8.85 Acres

HOA Fees

$1,332 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Road Frontage Type: HIS Almost Oceanfront
  • 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: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • Land Tenure: Fee Simple
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

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

Exterior Features

  • View: Ocean
  • Waterfront: No
  • Roads: County, Paved

Garage/Parking

  • Parking Features: Unassigned

Utilities

  • Cooling: Cash
  • 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
  • Project: PLANTATION HALE

Lot Info

  • Zoning: RR-20
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 4430020170133
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4226.64

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2024
Closed on
Oct 20, 2024
Sold by
Bought by
Seller's Agent
Chris Sanderl
eXp Realty
Buyer's Agent
Jill Caisey
Hawaii Life
List Price
$499,000
Sold Price
$490,000
Premium/Discount to List
-$9,000
-1.8%
Views
22
Current Estimated Value
$464,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,108
Avg. Annual Appreciation
-2.39%
Original Mortgage
$367,500
Interest Rate
0.018%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 31, 2021
Closed on
Sep 28, 2021
Sold by
Bought by
Seller's Agent
Donna Holevoet
Resort Properties of the Pacific LLC
Buyer's Agent
Gabriela Da Luz
Hawaii Life
List Price
$309,000
Sold Price
$350,050
Premium/Discount to List
$41,050
13.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.66%
Original Mortgage
$354,536
Interest Rate
0.028%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
0.0587%
Mortgage Type
Purchase Money Mortgage
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$490,000 Or
$350,050 Tg
$218,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $367,500
Closed $354,536
Closed $124,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2024 10/29/24 Off Market $490,000 -- --
10/25/2024 10/25/24 Sold $490,000 -1.8% $774 / Sq Ft
09/05/2024 09/05/24 Off Market $499,000 -- --
09/05/2024 09/05/24 For Sale $499,000 0.0% $788 / Sq Ft
08/28/2024 08/28/24 Off Market $499,000 -- --
08/27/2024 08/27/24 For Sale $499,000 0.0% $788 / Sq Ft
07/22/2024 07/22/24 For Sale $499,000 +42.6% $788 / Sq Ft
10/08/2021 10/08/21 Sold $350,050 +13.3% $553 / Sq Ft View Prior Sale
09/15/2021 09/15/21 Pending -- -- --
08/31/2021 08/31/21 For Sale $309,000 -- $488 / Sq Ft
Source: Hawaii Information Service (MLS Hawaii)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,458 $453,800 -- $453,800
2025 $5,326 $483,000 -- $483,000
2024 $5,326 $471,300 -- $471,300
2023 $4,227 $429,100 $0 $429,100
2022 $2,992 $303,800 $0 $0
2021 $2,877 $292,100 $0 $0
2020 $2,780 $282,200 $0 $282,200
2019 $2,780 $241,700 $0 $241,700
2018 $1,589 $190,200 $0 $190,200
2017 $1,589 $179,600 $0 $179,600
2016 $1,523 $172,100 $0 $172,100
2015 $1,123 $176,600 $0 $0
2014 $1,123 $137,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 712715

Hawaii Information Service (MLS Hawaii)

APN: 4-4-3-002-017-0133

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