NOT LISTED FOR SALE

525 Aleka Loop Unit K10 Kapaa, HI 96746

Wailua-Kauai Neighborhood

Estimated Value: $464,000 - $523,000

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

Last Sold December 30, 2021

Last sale price $340,000 $537 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,976/month

10 Days on Market

About This Home

As of December 2021

Whether you are ready to make Kauai your permanent home, or you want to have a vacation rental, this condo is a perfect start. New granite counter tops in kitchen and bathroom and upgraded furnishing throughout the condo. Great view of the Nounou mountain (sleeping giant) from the spacious lanai. Excellent location in Kapaa, and is walking distance to the beach, Coconut Marketplace, and Kapaa town. It is available to show from Oct 19-22.

Last Agent to Sell the Property

Daniel Erickson

Kuleana Realty LLC License #RB-23687 Listed on: 10/06/2021

Last Buyer's Agent

Kristen Cummings Smith

Destination Kauai LLC License #RS-81812

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,004

Year Built

  • Built in 1972

Lot Details

  • 9

HOA Fees

  • $815 Monthly HOA Fees

Parking

  • Unassigned Parking

Interior Spaces

  • 633 Sq Ft Home
  • Carpet

Kitchen

  • Range with Range Hood
  • Microwave
  • Disposal

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 443002017

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,004

Year Built

Built in 1972

Lot Details

0

HOA Fees

$815 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Co List Office Phone: 8006675028
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: WAILUA BEACH
  • Living Area: 633.0
  • Property Attached Yn: Yes
  • Year Built: 1972
  • 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: Disposal, Microwave, Range, Range Hood, Refrigerator
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Flooring: Carpet
  • Total Bathrooms: 1

Exterior Features

  • 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: 815.0
  • Association Fee Frequency: Monthly
  • Project: PLANTATION HALE

Lot Info

  • Zoning: RR-20
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 443002017
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2021
Closed on
Dec 20, 2021
Sold by
Soares Richard S and Soares Carolyn J
Bought by
Koernig Felissa
Seller's Agent
Daniel Erickson
Kuleana Realty LLC
Buyer's Agent
Kristen Cummings Smith
Destination Kauai LLC
List Price
$315,000
Sold Price
$340,000
Premium/Discount to List
$25,000
7.94%
Total Days on Market
10
Current Estimated Value
$488,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,878
Avg. Annual Appreciation
9.99%
Original Mortgage
$150,000
Outstanding Balance
$139,088
Interest Rate
3.11%
Mortgage Type
Commercial
Estimated Equity
$331,827

Purchase Details

Closed on
Jun 19, 2001
Sold by
Soares Richard Stanton and Soares Carolyn Joan
Bought by
Soares Richard S and Soares Carolyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage
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
Koernig Felissa -- Tg
Soares Richard S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koernig Felissa $150,000
Previous Owner Soares Richard Stanton $63,000
Previous Owner Soares Richard Stanton $34,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $340,000 +7.9% $537 / Sq Ft
10/16/2021 10/16/21 Pending -- -- --
10/06/2021 10/06/21 For Sale $315,000 -- $498 / 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 $5,004 $458,500 -- $458,500
2024 $5,004 $442,800 -- $442,800
2023 $4,180 $424,400 $0 $424,400
2022 $2,954 $299,900 $0 $0
2021 $2,680 $272,100 $0 $0
2020 $2,755 $279,700 $0 $279,700
2019 $2,755 $227,100 $0 $227,100
2018 $1,349 $169,200 $0 $169,200
2017 $1,349 $152,400 $0 $152,400
2016 $1,435 $162,200 $0 $162,200
2015 $748 $169,100 $0 $0
2014 $1,028 $117,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Daniel Erickson

    Kuleana Realty LLC

    (808) 755-5381

    24 in this area

    29 Total Sales

    Daniel Erickson
    Section Image

  • K

    Buyer's Agent in 2021

    Kristen Cummings Smith

    Destination Kauai LLC

    (808) 346-7509

    2 in this area

    12 Total Sales

    Kristen Cummings Smith
    Section Image
See All Agents

Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 654878

Hawaii Information Service (MLS Hawaii)

APN: 4-4-3-002-017-0154

Hawaii Kauai County Kapaa 96746 Wailua-Kauai

525 Aleka Loop Unit K10, Kapaa, HI

This home is located at 525 Aleka Loop Unit K10, Kapaa, HI 96746 since 06 October 2021 and is currently estimated at $488,878, approximately $772 per square foot. This property was built in 1972. 525 Aleka Loop Unit K10 is a home located in Kauai County with nearby schools including Kapa'a Elementary School, Kapa'a Middle School, and Kapa'a High School.

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