NOT LISTED FOR SALE

525 Aleka Loop Unit K16 Kapaa, HI 96746

Estimated Value: $412,000 - $525,000

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

Last Sold June 10, 2024

Last sale price $510,000 $806 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $3,732/month

8 Days on Market

About This Home

As of June 2024

Fully refurbished 1 bedroom, 1 bathroom unit. This is a second floor corner unit with a very desirable location in the K building. The unit faces the ocean, is in great condition, and in the properties vacation rental program. Easy to show when vacant. Sold fully furnished and ready for occupancy by owner or renters. The unit is priced to sell. Close to shopping, restaurants and the beach.

Last Agent to Sell the Property

Danial Garven

Coldwell Banker Island Properties - Kauai Brokerage Phone: 8086353989 License #RS-75850 Listed on: 03/25/2024

Coldwell Banker Island Properties - Kauai

Last Buyer's Agent

Thomas Fredet

eXp Realty License #RS-83836

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,245

Year Built

  • Built in 1972

Lot Details

  • Property fronts a county road

HOA Fees

  • $1,200 Monthly HOA Fees

Parking

  • Unassigned Parking

Home Design

  • 633 Sq Ft Home

Kitchen

  • Range with Range Hood
  • Microwave
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

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 4430020170160

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: 8086353989
  • Co List Office Phone: 8085892040
  • 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
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

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

Exterior Features

  • Waterfront: No
  • Roads: County

Garage/Parking

  • Parking Features: Unassigned

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected

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: 4430020170160
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4245.35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2024
Closed on
May 11, 2024
Sold by
2006 Frimodig Inter Vivos Trust and Frimodig Frank Victor
Bought by
Ati Trust and Haug Family Trust
Seller's Agent
Danial Garven
Coldwell Banker Island Properties - Kauai
Buyer's Agent
Thomas Fredet
eXp Realty
List Price
$510,000
Sold Price
$510,000
Views
28
Current Estimated Value
$464,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,713
Avg. Annual Appreciation
-6.82%
Original Mortgage
$255,000
Outstanding Balance
$251,617
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$212,670

Purchase Details

Listed on
Mar 3, 2017
Closed on
Apr 17, 2017
Sold by
Hans Jennifer K
Bought by
Frimodig Frank Victor and Frimodig Susan Stuart Fox
Seller's Agent
Tore Wistrom
Vision Realty LLC
Buyer's Agent
Tore Wistrom
Vision Realty LLC
List Price
$185,000
Sold Price
$185,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.28%
Source: Public Records

Range of Values:

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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
Ati Trust -- Old Republic Title
Ati Trust -- Old Republic Title
Frimodig Frank Victor $185,000 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ati Trust $255,000
Closed Ati Trust $255,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/29/2024 11/29/24 Off Market $185,000 -- --
09/13/2024 09/13/24 Off Market $510,000 -- --
06/10/2024 06/10/24 Sold $510,000 0.0% $806 / Sq Ft
04/28/2024 04/28/24 Off Market $510,000 -- --
04/04/2024 04/04/24 Off Market $510,000 -- --
04/02/2024 04/02/24 For Sale $510,000 0.0% $806 / Sq Ft
03/23/2024 03/23/24 For Sale $510,000 +175.7% $806 / Sq Ft
04/25/2017 04/25/17 Sold $185,000 0.0% $292 / Sq Ft View Prior Sale
03/14/2017 03/14/17 Pending -- -- --
03/03/2017 03/03/17 For Sale $185,000 -- $292 / 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 $5,575 $507,400 -- $507,400
2024 $5,575 $493,400 -- $493,400
2023 $4,245 $431,000 $0 $431,000
2022 $3,440 $349,200 $0 $0
2021 $3,055 $310,200 $0 $0
2020 $2,928 $297,300 $0 $297,300
2019 $2,386 $242,200 $0 $242,200
2018 $2,276 $231,100 $0 $231,100
2017 $2,048 $231,400 $0 $231,400
2016 $1,966 $222,100 $0 $222,100
2015 $1,865 $210,700 $0 $0
2014 $1,243 $147,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 709104

Hawaii Information Service (MLS Hawaii)

APN: 4-4-3-002-017-0160