Princeville Kauai condo / house update for Apr 17th to Apr 23rd

Aloha from Princeville Kauai,

It’s been another rainy week, but that didn’t stop home buyers from snapping up properties in Princeville. Condo’s didn’t fare quite as well as single family homes, but overall it was good. Take a look:

NEW LISTINGS

295089 CND A 3 $695,000 4-5-4-11-3-71 FS Hanalei Bay Resort #8131/8132 1,324 #8131 and 8132 2/2.00
294934 CND A 6 $795,000 4-5-4-12-3-16 FS Hanalei Bay Villas #16 1,244 #16 2/2.01

BACK ON THE MARKET

287363 CND A 117 $374,950 4-5-4-5-18-28 FS Puamana #8A 1,214 #8A 2/2.00

CONTINGENT SALES

290945 CND C 128 $1,299,000 4-5-3-6-22-45 FS Kaiulani #45 2,443 #45 3/3.01
290142 CND C 156 $419,000 4-5-4-11-3-84 FS Hanalei Bay Resort #N22 867 #1513/​14 1/2.00

PRICE CHANGES

287363 CND A 117 $374,950- 4-5-4-5-18-28 FS Puamana #8A 1,214 #8A 2/2.00
285403 CND A 264 $529,000- 4-5-4-12-10-27 FS Emmalani Court #415 1,456 #415 2/2.00
288180 CND A 208 $545,000- 4-5-4-12-9-8 FS Pali Ke Kua #12 1,135 #12 2/2.00
285464 CND A 283 $725,000- 4-5-4-5-39-177 FS Cliffs #8203 1,864 #8203 4/4.00

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

New Listings:

Hanalei Bay Resort 8131/32 sold for $260K in 1/90 and is currently listed for $695K.

Hanalei Bay Villas 16 is priced at $795K. These original owners bought this unit for $62,600 in 10/74. It was listed briefly from 6/06 to 6/07. At that time it started at $15M and reduced to $1.2795M

Back on the Market:

Puamana 8B returns to the market after expiring in 2/16. It made a very small reduction from $375,999 to $374,950, and for that reason, you’ll see it under the price changes portion of this update. It was purchased for $322K in 1/04.

Contingent:

Kaiulani 45 went into escrow after 125 market days with a list price of $1.299M. The purchase price of this townhome $1,804,340 in 3/07.

Hanalei Bay Resort N22 is in escrow after 156 days. It last sold for $379K in 10/13 and was listed for $419K.

Price Changes:

As noted above, Puamana 8B reduced from $375,999 to $374,950.

Emmalani Court 415 reduced from $549K to $529K. The prior purchase was for $385K in 2/12.

Pali Ke Kua 12 is now $545K, down from $575K. It sold for $590K in 6/05.

Cliffs 8203 reduced from $794,900 to $725K. This condo sold in 4/06 for $760K as a leasehold unit and converted to fee simple shortly thereafter for $240K.

That’s it for condos. Now on to the Princeville single family homes where you’ll see plenty of activity:

NEW LISTINGS

294796 RES A 4 $1,298,000 4-5-4-7-30 FS 3844 Punahele Rd 11,251 sqft 2,599 3/3.00

CONTINGENT SALES

292243 RES C 82 $1,250,000 4-5-3-11-34 FS 4080 Aloalii Dr 11,096 sqft 2,794 3/3.01
292789 RES C 73 $1,695,000 4-5-3-12-4 FS 4035 Aloalii Drive 9,415 sqft 3,232 3/3.00
294345 RES C 19 $1,995,000 4-5-3-12-18 FS 3957 Aloalii Dr 9,206 sqft 3,777 4/4.00
279777 RES C 110 $835,000 4-5-4-17-18 FS 4944 Emmalani Dr 10,500 sqft 2,100 3/2.01
294265 RES C 30 $919,000 4-5-4-8-34 FS 5105 Kapiolani Lp 10,049 sqft 3,115 5/3.00
294175 RES C 9 $1,695,000 4-5-4-7-12 FS 3912 Namakeha Lp, 10,055 sqft 2,194 3/3.00

SALES

290010 RES S 47 $849,000 4-5-4-16-18 FS 4060 Ka’ahumanu Pl 11,792 sqft 2,364 3/3.00
SOLD 4/22/2016 for $825,000 (CNV) DOM 47

EXPIRED

290683 RES X 135 $869,000 4-5-4-18-46 FS 4161 Kamalani Ln 10,249 sqft 1,708 3/2.01

PRICE CHANGES

293732 RES A 44 $639,000- 4-5-4-23-29 FS 3814 Makani Kai Pl 6,641 sqft 1,098 2/2.00
293741 RES A 47 $679,000- 4-5-4-21-29 FS 3886 Kaweonui Rd 10,662 sqft 1,638 2/2.00

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

New Listings:

Priced at $1.298M, 3844 Punahele is newly listed since selling for $16,200 as land in 72.

Contingent:

After a price reduction on 4/13 from $1.395K to $1.250M, 4080 Aloalii went into escrow on 4/18. The prior sale was for $1.695M in 3/07.

4035 Aloalii also found a buyer while listed for $1.695M. The seller bought this home for $1.8M in 7/10.

Aloalii is on fire this week, as 3957 Aloalii also went into escrow with a list price of $1.995M. This home sold for $1.144M in 7/94.
4944 Emmalani is now in escrow priced at $835K. The last sale was for $315K in 8/99.

Listed for $919K, after only 28 market days, 5105 Kapiolani went into escrow. The seller bought this home for $190K in 1/89.

3912 Namakeha, priced at $1.695M, is in escrow after only 8 market days. The prior purchase was for $1.175M in 9/11.

Sales:

4060 Kaahumanu Place sold for $825K while priced at $849K. The home last sold for $600K in 4/11.

Expired:

After 135 market days priced at $869,000, 4161 Kamalani expired. It was purchased in 3/99 for $260K.

Price Changes:

3814 Makani Kai made a $10K reduction to $639K. The most recent sale was for $750K in 7/07. Purchased as land in 7/88 for $65K, 3886 Kaweonui, which was built in 89, went from $695K to $679K.

As expected, April continues to charge ahead, posting 61 sales and we’ve still got another full week to go. Our target from last April was 68 which will surely be easily surpassed.

Have a wonderful week and enjoy your Paradise wherever it may be.

Aloha from Princeville Kauai, Elaine

IMG_482880863

IMG_482880881

So Colorful!

Elaine Schaefer (B) REALTOR
CRS, GRI, ABR, SFR, SRS
Broker in Charge – Princeville Resort Office
Top Producer 100% Club

RE/MAX Kauai
POB 223609
Princeville, HI 96722

Cell: 808 639 2935
soldonkauai@gmail.com

Website: KauaiRealEstateNow.Com
Blog: Activerain.com/blogs/soldonkauai
Follow me on Twitter: KauaiElaine
“Like” me on Facebook: Elaine Schaefer Realtor
Find me on LinkedIn: www.linkedin.com/in/ElaineSchaefer

……Making your real estate dreams
my business………

Princeville Kauai condo / house update for Apr 10th to Apr 16th

Aloha from Princeville Kauai!

If you are one of those people who files their income taxes at the last minute, you’re in luck this year! Due to the Washington D.C. Emancipation Day holiday being observed on April 15 instead of April 16, 2016, Tax Day is on Monday – so if you’re taxes still aren’t done, you have ONE MORE DAY to meet the deadline.

This week was relatively slow, with only one new escrow for condos and two for single family homes. Not too bad considering it’s tax week. We should see an uptick in activity in the weeks to come as we head toward summer. Here is this week’s update:

NEW LISTINGS

294951 CND A 1 $379,000 4-5-4-15-21-1 FS Sandpiper #1 1,042 #1 2/2.00

CONTINGENT SALES

291869 CND C 94 $890,000 4-5-4-11-3-35 FS Hanalei Bay Resort #5303/4 1,324 #5303/​4 2/2.00

SALES

285390 CND S 263 $679,000 4-5-3-11-1-31 FS Villas On The Prince #31 1,732 #31 3/3.00
SOLD 4/11/2016 for $660,000 (CASH) DOM 263

287253 CND S 133 $550,000 4-5-4-5-15-2 FS Paliuli #2 1,337 #2 2/2.00
SOLD 4/14/2016 for $518,500 (CASH) DOM 133

293284 CND S 7 $679,000 4-5-4-12-10-7 FS Emmalani Court #215 1,456 #215 2/2.00
SOLD 4/14/2016 for $655,000 (CASH) DOM 7

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

New Listings:

Newly listed for the first time since being purchased in 5/99 for $67,500, Sandpiper 101 is priced at $379K.

Contingent:

After 89 days on the market, with a prior purchase price of $349K in 7/00, Hanalei Bay Report 5303/04 went into escrow while listed for $890K.

Sales:

Villas on the Prince 31 sold for $660K cash while priced at $679K. The seller bought this townhome for $945K in 4/07.

Paliuli 2 was priced at $550K and sold for $518,500 cash. There is no prior purchase price shown for this unit.

Emmalani Court 215 was purchased for $625K in 10/15, and sold this week for $655K while priced at $679K. Now on to your Princeville single family home update.

NEW LISTINGS

294175 RES A 2 $1,695,000 4-5-4-7-12 FS 3912 Namakeha Lp 10,055 sqft 2,194 3/3.00

CONTINGENT SALES

280146 RES C 120 $899,900 4-5-4-18-9 FS 4182 Mahina Pl 11,533 sqft 1,675 2/2.00
286501 RES C 247 $899,950 4-5-4-14-29 FS 3899 Kamehameha Rd 14,113 sqft 2,295 4/3.00

SALES

275643 RES S 569 $679,000 4-5-4-24-14 FS 4260 Waileia Pl 9,529 sqft 1,632 3/2.00
SOLD 4/15/2016 for $619,000 (CNV) DOM 569

293465 RES S 4 $1,350,000 4-5-4-18-45 FS 4165 Kamalani Ln 10,235 sqft 2,405 3/3.01
SOLD 4/15/2016 for $1,350,000 (CASH) DOM 4

WITHDRAWN

285575 RES W 294 $1,195,000 4-5-4-16-16 FS 4050 Kaahumanu Pl 10,753 sqft 3,048 6/3.01

PRICE CHANGES

292243 RES A 75 $1,250,000- 4-5-3-11-34 FS 4080 Aloalii Dr 11,096 sqft 2,794 3/3.01
293419 RES A 44 $745,000- 4-5-4-23-43 FS 3807 Iluna Pl 8,900 sqft 1,535 3/2.00
292436 RES A 66 $849,000- 4-5-4-17-4 FS 4939 Emmalani Dr 10,875 sqft 1,716 3/3.00

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

New Listings:

3912 Namakeha Loop sold for $1.175M in 9/11 and is now listed for $1.595M.

Contingent:

4182 Mahina, with a list price of $899,900, went into escrow after 116 days. The prior purchase of this home was for $440K in 7/99.

3899 Kamehameha, priced at $899,950 found a buyer. The last sale was for $800K in 5/13.

Sales:

4260 Waileia Place sold for $619K while listed for $679K. The last sale was for $665K in 3/07. 4165 Kamalani Lane closed at full asking price of $1.350M cash. The last sale was as an REO for $666,666 in 3/11.

Withdrawn:

After 294 market days, 4050 Kaahumanu Place, which was listed for $1.195M, was withdrawn from the MLS. Land for this home sold for $298K in 1/04. The home was built later in the year.

Price Changes:

After a $14,500 price reduction, 4080 Aloalii is now $1.250M. The last purchase was for $1.695M in 3/07.

3807 Iluna Place is now $745K after a $24K price reduction. This home sold previously for $360K in 2/02.

4939 Emmalani is priced at $849K, down from $899K. The home sold for 3/97 for $278K.

It’s starting out as a rainy Sunday, much like yesterday, which ultimately turned sunny in the afternoon. With buyers out and about we should be able to surpass last April’s 68 sales. We’re over halfway there already with 47 sales on the books!

If you have questions or need the facts before buying or selling, please do not hesitate to text or email me. That’s why I’m here! Stay dry and enjoy your day in Paradise, wherever it may be!

Aloha from Princeville Kauai

Elaine

P1040282
The ever so beautiful Hanalei Bay.

Elaine Schaefer (B) REALTOR
CRS, GRI, ABR, SFR, SRS
Broker in Charge – Princeville Resort Office
Top Producer 100% Club

RE/MAX Kauai
POB 223609
Princeville, HI 96722

Cell: 808 639 2935
soldonkauai@gmail.com

Website: KauaiRealEstateNow.Com
Blog: Activerain.com/blogs/soldonkauai
Follow me on Twitter: KauaiElaine
“Like” me on Facebook: Elaine Schaefer Realtor
Find me on LinkedIn: www.linkedin.com/in/ElaineSchaefer

……Making your real estate dreams
my business………

Princeville Kauai condo / house update for Apr 3 to Apr 9

Aloha from Princeville Kauai!

It was another mixed bag week with moments of downpours followed by bright sunny skies. However, the weather was definitely not a deterrent for the condo shoppers who put 5 new properties into escrow. Single family housing was a bit slower, with only one new escrow, but it was a $3M property! Take a look:

NEW LISTINGS

294376 CND A 5 $379,000 4-5-4-5-17-14 FS Alii Kai #9F 1,037 #9F 2/2.00

BACK ON THE MARKET

286638 CND A 190 $359,000 4-5-4-15-21-3 FS Sandpiper #103 1,042 #103 2/2.00
291474 CND A 81 $449,000 4-5-4-12-2-12 FS Hale Moi #112 1,033 #112 1/2.00

CONTINGENT SALES

288476 CND C 141 $320,000 4-5-4-5-18-79 FS Puamana #22A 1,298 #22A 2/2.00
294563 CND C 7 $350,000 4-5-4-12-2-10 FS Hale Moi #110 1,033 #110 1/2.00
284134 CND C 326 $382,500 4-5-4-5-18-38 FS Puamana #11A 1,312 #11A 2/2.00
290336 CND C 138 $599,000 4-5-4-12-10-42 FS Emmalani Court #525 1,456 #525 2/2.00
293543 CND C 37 $639,000 4-5-4-5-23-56 FS Plantation #1422 1,318 #1422 3/3.00

SALES

289760 CND S 91 $519,000 4-5-4-5-23-37 FS Plantation #1011 1,153 #1011 2/2.00
SOLD 4/4/2016 for $499,000 (CASH) DOM 91

PRICE CHANGES

293109 CND A 31 $878,000- 4-5-3-6-22-62 FS Kaiulani #62 1,892 #62 2/2.01
291474 CND A 81 $449,000- 4-5-4-12-2-12 FS Hale Moi #112 1,033 #112 1/2.00

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

New Listings:

Alii Kai 9F, which sold as a bank owned property in 6/12 for $202,800, is now listed for $379K.

Back on the Market:

Sandpiper103 went into escrow on 3/28 while priced at $359K, but in now back on the market. The last sale was for $275K in 10/03. Hale Moi 112 is back on the market priced at $449K after going into escrow on 2/29. This is a reduction from the previous list price of $469K. The most recent sale was for $96K in 3/99.

Contingent:

Puamana 22A, priced at $320K and Puamana 11A, priced at $382,500, both went into escrow this week. 22A sold for $185K in 3/02 while 11A sold for $486,500 in 6/05.

Hale Moi 110 took only 5 days to go into escrow priced at $350K. Emmalani Court 525 was listed at $599K when it went into escrow. The prior purchase of this unit was for $475K in 6/09.

Plantation 1422 found a buyer while listed for $639K. This unit was purchased for $553,993 in 1/06 from the developer.

Sales:

Plantation 1011 was listed for $519K and sold for $499K cash. The seller bought this condo for $535K in 12/05.

Price Changes:

Kaiulani 62 made a small reduction from $883K to $878K. The seller purchased this unit from the developer in 5/08 for $989,390. As noted above, Hale Moi 112 reduced by $20K to $449K.

Now on to your Princeville single family home update:

NEW LISTINGS

294716 RES A 1 $1,250,000 4-5-3-12-25 FS 3950 Aloali’i Dr 8,922 sqft 3,656 4/4.00
294345 RES A 5 $1,995,000 4-5-3-12-18 FS 3957 Aloalii Dr 9,206 sqft 3,777 4/4.00

BACK ON THE MARKET

286239 RES A 259 $845,000 4-5-4-20-28 FS 3982 Kalakaua Pl 9,936 sqft 1,982 3/2.00

CONTINGENT SALES

294404 RES C 11 $3,750,000 4-5-4-13-24 FS 3574 Keoniana Place 14,406 sqft 3,500 4/4.01

UNDER CONTRACT

293465 RES U 4 $1,350,000 4-5-4-18-45 FS 4165 Kamalani Ln 10,235 sqft 2,405 3/3.01

WITHDRAWN

290474 RES W 127 $1,070,000 4-5-3-12-42 FS 4046 Aloalii Dr 8,041 sqft 1,847 3/2.01

PRICE CHANGES

291847 RES A 81 $1,199,000- 4-5-3-12-36 FS 4020 Aloalii Dr 9,161 sqft 2,702 3/3.00
292436 RES A 59 $899,000- 4-5-4-17-4 FS 4939 Emmalani Dr 10,875 sqft 1,716 3/3.00
291851 RES A 81 $998,000- 4-5-4-21-11 FS 3856 Kaweonui Rd 10,796 sqft 2,442 3/2.01

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

New Listings:

3950 Aloalii is priced at $1.250M. This previous sale of this home was in 5/98 for $525K.

3957 Aloalii is now listed for $1.995M since selling for $1.144M in 7/94. It was listed once before from 6/10 to 5/11 for $2.890M.

Back on the Market:

3892 Kalakaua is back on the market since expiring. Still priced at $845K, the last sale was for $69,500 in 11/88 for land. The home was built in 98.

Contingent:

After only 7 days of market exposure, 3574 Keoniana Place went into escrow with a list price of $3.750M. The prior sale was for land in 2/96 for $450K. The home was built in 99.

Under Contract:

4165 Kamalani Lane is now under contract while priced at $1.350M. The last purchase price was for $666,666 in 3/11 as a bank sale.

Withdrawn:

After 127 market days priced at $1.070M, 4060 Aloalii was withdrawn from the market. The seller purchased this home in 6/07 for $900K.

Price Changes:

4020 Aloalii Drive was priced at $1.274M after a $25K price reduction. It then reduced a second time to $1.199M. The last sale was for $1.250M in 12/13.

4939 Emmalani reduced to $899K from $940K. This home was purchased in 3/97 for $278K.

With a $37K price reduction, 3856 Kaweonui is now priced at $998K. The last sale was for $675K in 3/11.

Despite it’s depiction as a “laid back” outer island, there’s always something to do on Kauai. It may not be as “in your face” as some other Islands, but with a bit of digging and a few connections, you can always find something of interest.

For example, if you are a dog lover, you definitely don’t want to miss the “Paws around the Park” on Saturday, April 30th, from 10:30 to 1:30PM at the North Shore Dog Park, 5445 Kahiliholo in Kilauea. This family event is the first annual fundraiser for the North Shore dog park. For more information please “like” the North Shore Dog Park on Facebook.

Have a wonderful week in your Paradise, wherever it may be! For all the facts before buying or selling, please text or email me. That’s why I’m here.

Aloha Elaine

IMG_476911844
If you haven’t see the Banyan Tree in Maui, it’s a must see in Lahaina.

Elaine Schaefer (B) REALTOR
CRS, GRI, ABR, SFR, SRS
Broker in Charge – Princeville Resort Office
Top Producer 100% Club

RE/MAX Kauai
POB 223609
Princeville, HI 96722

Cell: 808 639 2935
soldonkauai@gmail.com

Website: KauaiRealEstateNow.Com
Blog: Activerain.com/blogs/soldonkauai
Follow me on Twitter: KauaiElaine
“Like” me on Facebook: Elaine Schaefer Realtor
Find me on LinkedIn: www.linkedin.com/in/ElaineSchaefer

……Making your real estate dreams
my business………

Kauai March 2016 Market Statistics

Aloha from Princeville Kauai,

March was a busy month, coming in like a lion and going out the same way, posting a new high this year of 105 sales! This is a 19% increase over Mar 15 which had only 88 sales and a 56% increase over the 67 sales posted for Feb 16. This is the first time we’ve seen a triple digit posting in the last 6 years.

Year to date, sales are up by 15%, with 215 posted year to date Mar 15 compared to 248 as of the end of this Mar.

Sales volume is down by .3%, going from $103,444,439 sold in Mar 15 to $103,054,420 in Mar 16. You can’t get much closer than that! It’s clear that some big ticket items have been selling these past two years, as sales volume for Mar over the last 6 years was nowhere close – Mar 14 posted $56,220,350; Mar 13 was $36,680,757; Mar 12 $38,622,150 and Mar 11 came in with $41,354,580. Quite a change.

Year to date we are at $212,526,560 for Mar 16 which is up 10% over Mar 15′s sales volume of $192,467,896.

Median sales price for residential is down 29%, going from $967,500 in Mar 15 to $683,500 this past Mar. Year to date residential median went from $701,000 in last Mar to $652,000 for this Mar.

If you want to see the complete Statistical report as compiled by the MLS, please click here where I post it on my blog each month.

Hawaii Information System is the force behind our MLS. Along with various other upgrades over the years, they have recently started compiling other statistical data.

Below are the Kauai Monthly Stats from 4-1-2015 to 3-31-2016.

HISStats12MonthCharts2016-04-04 140000Kauai

Here are the Kauai Monthly Comparisons for Month Ending 3-31-2016:

HISStatsMonthlyComparisons2016-04-04 140000Kauai

These are the Summary Statistics for Kauai from 4-1-2015 to 3-31-2016:

HISStats12MonthSummary2016-04-04 140000Kauai

…and if that’s not enough statistical data to get you through the day, here are the Kauai Year to Date Comparisons for Month Ending 3-31-2016:

HISStatsYTD2016-04-04 140000Kauai

Let me know what you think about all these new charts! If you’re thinking of buying or selling, don’t forget to get the facts here first.

Aloha from Paradise,

Elaine

IMG_481406200
It’s always fun to visit Honolulu for a few days.

Elaine Schaefer (B) REALTOR
CRS, GRI, ABR, SFR, SRS
Broker in Charge – Princeville Resort Office
Top Producer 100% Club

RE/MAX Kauai
POB 223609
Princeville, HI 96722

Cell: 808 639 2935
soldonkauai@gmail.com

Website: KauaiRealEstateNow.Com
Blog: Activerain.com/blogs/soldonkauai
Follow me on Twitter: KauaiElaine
“Like” me on Facebook: Elaine Schaefer Realtor
Find me on LinkedIn: www.linkedin.com/in/ElaineSchaefer

……Making your real estate dreams
my business………

Princeville Kauai condo / house update for Mar 27th to Apr 2nd

Aloha from Princeville Kauai!

We’re off to a good start for April with 6 sales already posted as we work towards exceeding the 68 sales from April 2015. March closed out the month showing no signs of weakness with 105 sales, a 20% increase over last March and the first time for triple digit numbers this year. Here is your update for this week:

NEW LISTINGS

294563 CND A 0 $350,000 4-5-4-12-2-10 FS Hale Moi #110 1,033 #110 1/2.00
292678 CND A 5 $449,000 4-5-4-5-4-6 FS Mauna Kai #6A 1,503 #6A 2/2.00
294521 CND A 1 $579,900 4-5-4-12-10-24 FS Emmalani Ct #412 1,192 #412 2/2.00

BACK ON THE MARKET

288023 CND A 200 $659,000 4-5-4-5-16-18 FS Alii Kai #3102 1,086 #3102 2/2.00

CONTINGENT SALES

286638 CND C 183 $359,000 4-5-4-15-21-3 FS Sandpiper #103 1,042 #103 2/2.00
293090 CND C 45 $1,100,000 4-5-4-12-11-14 FS Puu Poa #114 2,079 #114 2/2.00

SALES

286355 CND S 223 $387,000 4-5-4-5-18-91 FS Puamana #25B 1,298 #25B 2/2.00
SOLD 4/1/2016 for $375,000 (CASH) DOM 223

290033 CND S 19 $410,000 4-5-4-15-21-64 FS Sandpiper #227 1,173 #227 2/2.01
SOLD 3/29/2016 for $395,000 (CNV) DOM 19

287185 CND S 172 $529,000 4-5-4-5-18-52 FS Puamana #14D 1,419 #14D 3/3.00
SOLD 4/1/2016 for $505,000 (CASH, CNV) DOM 172

292682 CND S 1 $595,000 4-5-4-5-16-43 FS Alii Kai #5203 1,085 #5203 2/2.00
SOLD 3/28/2016 for $575,000 (CNV) DOM 1

PRICE CHANGES

288476 CND A 134 $320,000- 4-5-4-5-18-79 FS Puamana #22A 1,298 #22A 2/2.00
290142 CND A 135 $419,000- 4-5-4-11-3-84 FS Hanalei Bay Resort #N22 867 #1513/​14 1/2.00
288023 CND A 200 $659,000- 4-5-4-5-16-18 FS Alii Kai #3102 1,086 #3102 2/2.00

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

New Listings:

Hale Moi 110, a short sale which last sold for $95K in 8/89 as a leasehold, converting to fee simple in 7/92 for $21,250, is on the market for $350K. Mauna Kai 6A is newly listed for $449K since selling for $180K in 4/82. Purchased in 6/14 for $460K, Emmalani Court 412 is now listed for $579,900.

Back on the Market:

For the second time, Alii Kai 3102 fell out of escrow and is back on the market still listed for $699K. This unit sold for $940K in 9/06.

Contingent:

Sandpiper 103 is in escrow after 178 days with a list price of $359K. The prior sale of this unit was in 10/03 for $275K. After 45 days, Puu Poa 114 found a buyer while priced at $1.1M. The last sale was for $870K in 9/12.

Sales:

Puamana 25B, which was purchased for $194,600 in 8/11 as a bank sale, sold for $375K cash while listed for $387K.

Sandpiper 227 was purchased for $250K in 10/03, and sold for $395K while listed for $410K.

Puamana 14D closed this week for $505K cash while listed for $529K. The last sale was for $610K in 6/08.

Alii Kai 5203 sold for $575K while listed for $595K. The seller bought this unit for $874K in 8/05

Price Changes:

Puamana 22A is now $320K, down from $359K. The prior sale was for $185K in 3/02.

Hanalei Bay Resort N22 is now $419K, down from $429K. It last sold for $379K in 10/13.

Alli Kai 3102 made a reduction from $699K to $659K. The seller bought this unit for $940K in 9/06. Now on to your Princeville Kauai single family home update:

NEW LISTINGS

294404 RES A 4 $3,750,000 4-5-4-13-24 FS 3574 Keoniana Place 14,406 sqft 3,500 4/4.01

CONTINGENT SALES

293714 RES C 28 $675,000 4-5-4-23-58 FS 3784 Milimakani Pl 7,928 sqft 1,336 3/2.00

SALES

290570 RES S 64 $1,325,000 4-5-4-20-3 FS 5121 Kapiolani Lp 30,742 sqft 1,989 3/3.00
SOLD 3/28/2016 for $1,210,000 (CASH) DOM 64

284362 RES S 239 $1,450,000 4-5-4-8-25 FS 5076 Kamamalu Lp 11,807 sqft 3,051 4/2.01
SOLD 3/29/2016 for $1,300,000 (CASH, CNV) DOM 239

EXPIRED

286239 RES X 255 $845,000 4-5-4-20-28 FS 3982 Kalakaua Pl 9,936 sqft 1,982 3/2.00

PRICE CHANGES

286501 RES A 233 $899,950- 4-5-4-14-29 FS 3899 Kamehameha Rd 14,113 sqft 2,295 4/3.00

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

New Listings:

Ocean view 3574 Keoniana Place is newly listed for $3.75M. The prior sale was for land in 2/96 for $450K. It was listed before from 7/07 to 5/08 and again from 6/08 to 9/08, both times for $4.4M.

Contingent:

A short sale priced at $675K, 3784 Milimakani went into escrow. The prior sale was for $780K in 4/06.

Sales:

5121 Kapiolani was priced at $1.325M and closed for $1.210M cash after only 64 market days. It was purchased in 3/13 for $1.3M.

5076 Kamamalu Loop closed at $1.3M while listed for $1.450M. The sellers bought land in 12/02 for $245K and built the home in 04.

Expired:

3982 Kalakaua Place expired after 255 days priced at $845K. The seller bought the land for this home for $69,500 in 11/88 and built the house in 98.

Price Changes:

3899 Kamahameha went from $934K to $899,950. The last sale was for $800K in 5/13.

That’s it for this week. If you are thinking of buying or selling, get the facts first. That’s why I’m here.

Aloha from Princeville Kauai,

Elaine

P1040155

Elaine Schaefer (B) REALTOR
CRS, GRI, ABR, SFR, SRS
Broker in Charge – Princeville Resort Office
Top Producer 100% Club

RE/MAX Kauai
POB 223609
Princeville, HI 96722

Cell: 808 639 2935
soldonkauai@gmail.com

Website: KauaiRealEstateNow.Com
Blog: Activerain.com/blogs/soldonkauai
Follow me on Twitter: KauaiElaine
“Like” me on Facebook: Elaine Schaefer Realtor
Find me on LinkedIn: www.linkedin.com/in/ElaineSchaefer

……Making your real estate dreams
my business………

Princeville Kauai condo / house update for Mar 20th to Mar 26th

Aloha from Princeville Kauai,

Happy Easter! After a major storm Thursday night which resulted in a flash flood warning part of Friday, we now have had one of the most beautiful weekends ever, perfect for an Easter Sunday and all the associated Easter egg hunt activities.

It was also a great week for Real Estate with both Condos and Houses showing some signs of life. Take a look:

NEW LISTINGS

293875 CND A 5 $569,000 4-5-4-11-3-119 FS Hanalei Bay Resort #T33 867 #T33 1/2.00
293154 CND A 4 $675,000 4-5-4-5-24-96 FS Nihilani #32C 1,972 #32C 2/3.00

CONTINGENT SALES

288023 CND C 193 $699,000 4-5-4-5-16-18 FS Alii Kai #3102 1,086 #3102 2/2.00

SALES

285115 CND S 227 $425,000 4-5-4-12-2-7 FS Hale Moi #107 1,033 #107 1/2.00
SOLD 3/21/2016 for $400,000 (CNV) DOM 227

291752 CND S 45 $575,000 4-5-4-5-18-50 FS Puamana #14B 1,298 #14B 2/2.00
SOLD 3/21/2016 for $570,000 (CASH) DOM 45

290446 CND S 69 $595,000 4-5-4-5-39-149 FS Cliffs #6301 1,186 #6301 2/2.00
SOLD 3/24/2016 for $550,000 (CASH) DOM 69

288913 CND S 67 $620,000 4-5-4-12-3-5 FS Hanalei Bay Villas #5 1,244 #5 2/2.01
SOLD 3/23/2016 for $590,000 (CASH) DOM 67

UNDER CONTRACT

286355 CND U 223 $387,000 4-5-4-5-18-91 FS Puamana #25B 1,298 #25B 2/2.00

PRICE CHANGES

287094 CND A 222 $749,000- 4-5-3-11-1-18 FS Villas On The Prince #18 1,800 #18 3/3.00
293109 CND A 17 $883,000- 4-5-3-6-22-62 FS Kaiulani#62 1,892 #62 2/2.01
288352 CND A 186 $355,000- 4-5-4-5-17-52 FS Alii Kai #14D 1,020 #14D 2/2.00
290142 CND A 128 $429,000- 4-5-4-11-3-84 FS Hanalei Bay Resort #N22 867 #1513/​14 1/2.00

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

New Listings:

Hanalei Bay Resort T33 is new on the market priced at $469K. It was listed before from 6/12 to 3/14 for $495K. The last sale was in 6/03 for $379,367.

Nihilani 23C, which was purchased from the developer in 4/06 for $800K, is newly listed for $675K.

Contingent:

Alii Kai 3102 went into escrow on 1/28, fell out on 3/25 and went immediately back into escrow. Way to go! The unit is listed for $699K and last sold for $940K in 9/06.

Sales:

Hale Moi 107 was purchased by the seller for $160K in 4/10, and sold this week to a new buyer for $400K while listed for $425K.

Puamana 14B was listed for $575K and sold for $570K cash. The sellers purchased this townhome in 5/13 for $465K.

Cliffs 6103 sold for $550K cash. It last sold for $330K in 5/01 and had been listed this time for $595K.

Hanalei Bay Villas 5 sold for $590K cash while listed for $620K. The last sale was for $240K in 7/96.

Under Contract:

Puamana 25B moved from in escrow to under contract and will be closing soon.

Price Changes:

Villas on the Prince 18 reduced $10K to $749K. This unit sold from the developer in 3/02 for $487,355.

Kaiulani 62 was purchased from the developer for $989,390 in 5/08, and reduced this week by $5K to $883K.

Alii Kai 14D is now $355K down from $370K. The last sale was for $340K in 10/85.

Hanalei Bay Resort N22 is now $429K down from $440K. The prior sale was for $379K in 10/13.

Now on to your Princeville Kauai single family home update:

NEW LISTINGS

294265 RES A 2 $919,000 4-5-4-8-34 FS 5105 Kapiolani Lp 10,049 sqft 3,115 5/3.00

BACK ON THE MARKET

280146 RES A 100 $899,900 4-5-4-18-9 FS 4182 Mahina Pl 11,533 sqft 1,675 2/2.00
294265 RES A 2 $919,000 4-5-4-8-34 FS 5105 Kapiolani Lp 10,049 sqft 3,115 5/3.00

CONTINGENT SALES

289765 RES C 136 $699,999 4-5-4-17-30 FS 4841 Victoria Lp 12,679 sqft 1,494 3/2.00

WITHDRAWN

291764 RES W 73 $1,075,000 4-5-4-10-5 FS 4126 Liholiho Rd 9,969 sqft 2,439 3/2.01

PRICE CHANGES

293714 RES A 21 $675,000- 4-5-4-23-58 FS 3784 Milimakani Pl 7,928 sqft 1,336 3/2.00
281849 RES A 379 $759,500- 4-5-4-16-79 FS 4105 Kekaulike Ln 10,408 sqft 1,735 2/2.00
280146 RES A 100 $899,900- 4-5-4-18-9 FS 4182 Mahina Pl 11,533 sqft 1,675 2/2.00
294265 RES A 2 $919,000- 4-5-4-8-34 FS 5105 Kapiolani Lp 10,049 sqft 3,115 5/3.00
285768 RES A 268 $1,399,000- 4-5-4-19-10 FS 5136 Napookala Cir 15,023 sqft 2,440 4/3.00

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

New Listings:

5105 Kapiolani Loop came on the market as a short sale priced at $699K and was temporarily withdrawn the following day. A few days later it came back on the market so you’ll see it under just about every category of the update. When it came back on it had increased to $939K then reduced to the current price of $919K. The last sale was for $190K in 1/89. It was listed before from 12/07 to 2/08 for $875K.

Back on the Market:

4182 Mahina Place went into escrow on 3/21 while listed for $975K but came back on the market on 3/25, with a price reduction to $899,900. The seller purchased this home for $440K in 7/99

As noted above, 5105 Kapiolani came on the market as a short sale priced at $699K and was temporarily withdrawn the following day.

Contingent:

4841 Victoria Loop is now in escrow while listed for $699,999. The last sale was for $585K in 5/12.

Withdrawn:

With a list price of $1.075M, 4126 Liholiho was withdrawn after 73 days. The sellers obtained this home in 3/06 for $977,500.

Price Changes:

3784 Milimakani, a short sale, made a small reduction of $4K to $675K. The seller bought this home for $780K in 4/06. 4105 Kekualike reduced $10K to $759,500. The home sold before for $707,500 in 6/07. As noted above, both 4182 Mahina Place and 5105 Kapiolani Loop reduced in price. 5136 Napookala, a new home, made a huge $100K reduction, going from $1.499M to $1.399M. The last sale was for land in 4/414 for $430K.

With 85 sales as of today, Sunday, we’ll easily surpass the 88 sales of last March and have trounced the mere 67 sales from last month as well as Jan’s 76 sales. Let’s hope it keeps up and that we have a great real estate summer.

If you’re looking to buy, make sure your financing and funds are in row so you’re ready to go when that special property appears. If you’ve been thinking of selling, now might be a good time to get your home in order so it’s looking it’s best. A well maintained home will bring you top dollar.

While you’re sprucing up your property, take time to go down to the Building Department and make sure all your permits were finaled. This will help avoid unpleasant surprises in escrow. Buyers are much more discriminating in this market and either want a low cost fixer or a well priced property they came walk into and unpack.

Questions? You know who to ask. I’m here so you get the facts, fast.

Happy Easter once again!

Aloha from Princeville, Kauai

Elaine

IMG_480653210

IMG_480653219

IMG_480653281

These are the most beautiful Hibiscus I’ve ever seen.

Elaine Schaefer (B) REALTOR
CRS, GRI, ABR, SFR, SRS
Broker in Charge – Princeville Resort Office
Top Producer 100% Club

RE/MAX Kauai
POB 223609
Princeville, HI 96722

Cell: 808 639 2935
soldonkauai@gmail.com

Website: KauaiRealEstateNow.Com
Blog: Activerain.com/blogs/soldonkauai
Follow me on Twitter: KauaiElaine
“Like” me on Facebook: Elaine Schaefer Realtor
Find me on LinkedIn: www.linkedin.com/in/ElaineSchaefer

……Making your real estate dreams
my business………

Princeville Kauai condo / house update for Mar 13th to Mar 19th

Aloha from Princeville Kauai,

It’s been somewhat dreary, overcast and cool this past week – with occasional warm periods. If you’ve been here, you know the weather changes in a heartbeat. It’s the time of year when it’s easiest to tell locals from visitors. You’ll see some people with sweaters zipped up, wearing Uggs with their jeans while those right next to them are in tank tops, shorts and slippers. The contrast is amusing.

Of course, I’m the group with the jeans and Uggs. Having been here since ’91 my blood is thinner than most, and as one of my friends who has been here since 2013 mentioned, it doesn’t take long for that to happen – as she sat bundled up in jacket, jeans and Uggs, sipping hot coco.

As for real estate, we are at 68 sales as of today Sunday, as we head towards the goal of 88. There was some activity this past week in both houses and condos. We’ll just have to wait and see if it’s enough!

NEW LISTINGS

293896 CND A 1 $849,900 4-5-4-5-39-178 FS Cliffs #8204 1,864 #8204 4/3.01
293350 CND A 3 $1,200,000 4-5-4-12-5-34 FS Pali Ke Kua #216C 1,127 #216C 2/2.00
293275 CND A 3 $1,375,000 4-5-4-12-11-30 FS Puu Poa #302 1,726 #302 2/2.00

CONTINGENT SALES

276782 CND C 92 $385,000 4-5-4-5-17-2 FS Alii Kai #8B 1,020 #8B 2/2.00
287253 CND C 136 $550,000 4-5-4-5-15-2 FS Paliuli #2 1,337 #2 2/2.00
292636 CND C 12 $749,000 4-5-4-6-1-10 FS Villas Of Kamalii #10 1,766 #10 3/3.00

SALES

288518 CND S 88 $635,000 4-5-3-11-1-2 FS Villas On The Prince #2 1,737 #2 3/3.00
SOLD 3/18/2016 for $620,000 (CASH) DOM 88

291281 CND S 2 $469,000 4-5-4-5-16-55 FS Alii Kai #7104 886 #7104 2/2.00
SOLD 3/16/2016 for $455,000 (CASH) DOM 2

290274 CND S 78 $1,200,000 4-5-4-12-5-35 FS Pali Ke Kua #217C 1,127 #217C 2/2.00
SOLD 3/18/2016 for $1,075,000 (CASH) DOM 78

UNDER CONTRACT

291752 CND U 45 $575,000 4-5-4-5-18-50 FS Puamana #14B 1,298 #14B 2/2.00

PRICE CHANGES

279062 CND A 481 $365,700- 4-5-4-5-17-12 FS Alii Kai #9D 1,020 #9D 2/2.00
284134 CND A 305 $382,500- 4-5-4-5-18-38 FS Puamana #11A 1,312 #11A 2/2.00
282651 CND A 353 $497,000- 4-5-4-5-39-159 FS Cliffs #7201 963 #7201 1/2.00
286898 CND A 205 $699,000- 4-5-4-12-9-27 FS Pali Ke Kua #237 1,135 #237 2/2.00

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

New Listings:

Cliffs 8204 sold for $475K in 3/12. It is now listed for $849,900.

Pali Ke Kua 216 is newly listed for $1.2M. The last sale was for $640K in 8/01. Puu Poa 302 is priced at $1.375M. It doesn’t show a prior sale price on the MLS.

Contingent:

Alii Kai 8B found a buyer after 89 days while priced at $385K. The seller purchased this unit for $285K in 6/03.

Free standing Paliuli 2 took 133 days to go into escrow priced at $550K. The last sale was for $100K in 12/76.

Villas of Kamalii 10 was on the market 10 days when it went into escrow while priced at $749K. The prior purchase was for $512,925 from the developer in 6/03.

Sales:

Villas on the Prince 2 sold for $620K cash while listed for $635K. The seller paid $875K in 10/05.

Alii Kai 7104 closed at $455K cash while listed just two days for $469K. The sellers purchased this unit in 4/78 for $66K.

Pali Ke Kua 217 was listed for $1.2M when it sold for $1.075M cash this week. The sellers bought this condo for $825K in 2/12.

Under Contract:

Puamana 14B moved from in escrow to under contract and will be closing next week.

Price Changes:

Alii Kai 9D reduced from $382K to $365,700. The last sale was for $107K in 10/98. Puamana 11A reduced $17,495 to bring the price down to $382,500. The seller bought this unit for $486,500 in 6/05.

Ocean view Cliffs 7201 made a $13K price reduction and is now $497K. The seller paid $655K in 8/05 for this unit. Pali Ke Kua 237 first reduced to $710K, down from $725K. It then made a second reduction down to $699K. The last purchase made was for $750K in 2/05.

Now on to your Princeville single family home update:

NEW LISTINGS

294004 RES A 3 $909,000 4-5-4-9-17 FS 4206 Liholiho Rd 10,407 sqft 2,263 3/2.01

CONTINGENT

289642 RES C 116 $1,149,000 4-5-4-19-25 FS 5137 Napookala Cir 15,482 sqft 2,288 3/2.00

SALES

288590 RES S 99 $1,195,000 4-5-3-12-12 FS 3985 Aloalii Dr 8,554 sqft 3,340 2/3.00
SOLD 3/15/2016 for $1,135,000 (CNV) DOM 99

PRICE CHANGES

291847 RES A 60 $1,299,000- 4-5-3-12-36 FS 4020 Aloalii Dr 9,161 sqft 2,702 3/3.00
288084 RES A 189 $679,000- 4-5-4-8-43 FS 5071 Kamamalu Lp 10,324 sqft 1,176 3/2.00
286945 RES A 224 $899,000- 4-5-4-18-18 FS 4160 Kalani Pl 12,371 sqft 2,251 #0 3/3.00

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

New Listings:

4206 Liholiho returns to the market priced at $909K. Purchased in 8/90 for $520K it was listed before from 11/10 to 2/12, starting at $925K and reducing to $798,888, again from 2/12 to 2/13 for $798,888 and most recently from 5/14 to 1/16 starting at $949K and ending at $929K.

Contingent:

With a list price of $1.149M, after 113 market days, 5137 Napookla circle, which last sold for $1.280M in 6/05, found a buyer.

Sales:

3985 Aloalii closed for $1.135M while listed for $1.195M. The last sale was for $975K in 5/07.

Price Changes:

4020 Aloalii made a $47K downward adjustment and is now $1.299M. This home sold for $1.250M in 12/13. 5071 Kamamalu Loop was at $699K and is now $679K. There is no prior sale information on the MLS.

4160 Kalani, which sold for $885K in 11/04, made a small reduction to $899K from $905K.

That’s it for this week.

If you’re in Princeville and want to stay up to date with events, meetings etc the Princeville community website is the place to go. Princevillecommunity.com. Also, once you’re a Princeville property owner, you can log in and created a password for greater access to the website.

If you’re a water person, there was an interesting article in today’s Garden Island about water pollution. Surfrider’s Blue Water Task Force tests water samples throughout the Island. Their data from the past seven years of sampling is available online at kauai.surfrider.org, along with an interactive map of the sampling locations. It’s a great organization providing excellent information.

That’s it for this week. Still overcast, cool and cloudy. Another day for jeans and a sweater. Currently, the temperature is 72 – I guess if you’re on the Mainland you could just call us wimps in Paradise.

Questions? You know who to ask for the facts before buying or selling.

Aloha from Princeville Kauai,

Elaine

Hibiscus for blog

Hibiscus white
As you know, I love Hibiscus and I couldn’t pass up these two from the St. Regis Princeville Hotel.

Elaine Schaefer (B) REALTOR
CRS, GRI, ABR, SFR, SRS
Broker in Charge – Princeville Resort Office
Top Producer 100% Club

RE/MAX Kauai
POB 223609
Princeville, HI 96722

Cell: 808 639 2935
soldonkauai@gmail.com

Website: KauaiRealEstateNow.Com
Blog: Activerain.com/blogs/soldonkauai
Follow me on Twitter: KauaiElaine
“Like” me on Facebook: Elaine Schaefer Realtor
Find me on LinkedIn: www.linkedin.com/in/ElaineSchaefer

……Making your real estate dreams
my business………

Princeville Kauai condo / house update for Mar 6th to Mar 12th

Aloha from Princeville Kauai!

If you are in Princeville today, Sunday, there is a “Second Sunday Princeville Night Market” from 4 to 8 PM. On Maui they have similar events around the Island on Fridays. Depending on what Friday it is, you can go to one of five different towns for a party. Mauifridays.com.

It’s nice to see this type of event taking hold on Kauai. The first Saturday of each month you can enjoy “First Saturday of the Month Art Walk” in Kapaa. “Kilauea Art Night” is a monthly affair held the last Saturday of the month between 4PM – 8PM. There’s also the Art Night in Hanapepe which is a weekly affair as well as various other events throughout the Island.

This is the first time I’ve seen this event in Princeville. Do your part to ensure it continues by attending! “Princeville Night Market” this Sunday 4 to 8PM. Local art, live music and food.

Now on to your Princeville Kauai condo update, which was marginal:

NEW LISTINGS

293109 CND A 3 $888,000 4-5-3-6-22-62 FS Kaiulani #62 1,892 #62 2/2.01
292636 CND A 5 $749,000 4-5-4-6-1-10 FS Villas Of Kamalii #10 1,766 #10 3/3.00

BACK ON THE MARKET

288341 CND A 172 $529,000 4-5-4-5-23-34 FS Plantation #912 1,153 #912 2/2.00

CONTINGENT SALES

285390 CND C 264 $679,000 4-5-3-11-1-31 FS Villas On The Prince #31 1,732 #31 3/3.00

UNDER CONTRACT

291281 CND U 2 $469,000 4-5-4-5-16-55 FS Alii Kai #7104 886 #7104 2/2.00

PRICE CHANGES

283913 CND A 85 $815,000- 4-5-3-6-22-73 FS Kaiulani #73 1,738 #73 2/2.01
290142 CND A 114 $440,000- 4-5-4-11-3-84 FS Hanalei Bay Resort #N22 867 #1513/​14 1/2.00
286898 CND A 198 $725,000- 4-5-4-12-9-27 FS Pali Ke Kua #237 1,135 #237 2/2.00

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

New Listings:

Kaiulani 62 sold from the developer in 5/08 for $989,390 and is listed for the first time since that sale priced at $888K. Villas of Kamalii 10 is now listed for $749K since selling for $512,925 in 6/03.

Back on the Market:

Plantation 912 fell out of escrow after going in on 2/29 and is once again available priced at $529K. The seller bought the unit for $599K in 10/05.

Contingent:

Villas on the Prince 31 took 263 days to find a buyer while priced at $679K. The last sale was for $945K in 4/07.

Under Contract:

Alii Kai 7104, priced at $469K, went quickly into escrow and is now under contract. We can expect to see it closing soon.

Price Changes:

Kaiulani 73 went from $835K to $815K. The last sale was a for $863,540 from the developer in 4/07.

Hanalei Bay Resort 1513/14 made a minor price reduction of $6K down to $440K. It sold for $379K in 10/13.

Pali Ke Kua 237 was purchased for $750K in 2/05, and reduced $18K to $725K.

Now on to your Princeville Kauai single family home update:

NEW LISTINGS

293732 RES A 2 $649,000 4-5-4-23-29 FS 3814 Makani Kai Pl 6,641 sqft 1,098 2/2.00
293714 RES A 7 $679,000 4-5-4-23-58 FS 3784 Milimakani Pl 7,928 sqft 1,336 3/2.00
293741 RES A 5 $695,000 4-5-4-21-29 FS 3886 Kaweonui Rd 10,662 sqft 1,638 2/2.00

WITHDRAWN

287575 RES W 187 $1,099,000 4-5-4-16-69 FS 4391 Emmalani Dr 10,750 sqft 2,854 3/2.01

PRICE CHANGES

291847 RES A 53 $1,346,000- 4-5-3-12-36 FS 4020 Aloalii Dr 9,161 sqft 2,702 3/3.00
279777 RES A 68 $835,000- 4-5-4-17-18 FS 4944 Emmalani Dr 10,500 sqft 2,100 3/2.01
292436 RES A 31 $940,000- 4-5-4-17-4 FS 4939 Emmalani Dr 10,875 sqft 1,716 3/3.00
285598 RES A 260 $1,250,000- 4-5-4-16-46 FS 4133 Rooke Pl 11,036 sqft 3,368 4/4.00

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

New Listings:

3814 Makani Kai Place is newly listed for $649K since selling for $750K in 7/07.

3784 Milimakani Place is back on the market again still priced at $679K. It was on the market for 2 days last week, taken off the market and is now re-listed with a different agent in the same company. The prior sale was for $780K in 4/06.

3886 Kaweonui is newly listed for $695K. The last sale was for land in 7/88 for $65K. The home was built in 89.

Withdrawn:

4391 Emmalani, with a price of $1.099M, was withdrawn after 187 market days. The last sale was for land in 6/88 for $95K.

Price Changes:

4020 Aloalii made several token reductions of $1000 each to keep the property on the update page. It went from $1.349M to $1.346M in three $1K increments. The seller bought this home for $1.250M in 12/13.

4944 Emmalani was priced at $849K but is now $835K. They purchased the home in 8/99 for $315K.

4939 Emmalani reduced from $999K to $940K after only 29 market days. The previous sale was for $278K in 3/97.

4133 Rooke Place is now $1.250M down from $1.290M. The last sale was for $323K in 6/03 for land. The house was built in 04.

As I’ve said before, there are many things to do on Kauai, but some may not be as well advertised as others. To keep up with Island festivals and events, go to www.kauaifestivals.com where you’ll find a fairly comprehensive list.

If you have any questions before buying and selling, please text or email for the facts. That’s why I’m here – to make sure you are informed.

Aloha from Princeville Kauai,

Elaine

IMG_476928358

Elaine Schaefer (B) REALTOR
CRS, GRI, ABR, SFR, SRS
Broker in Charge – Princeville Resort Office
Top Producer 100% Club

RE/MAX Kauai
POB 223609
Princeville, HI 96722

Cell: 808 639 2935
soldonkauai@gmail.com

Website: KauaiRealEstateNow.Com
Blog: Activerain.com/blogs/soldonkauai
Follow me on Twitter: KauaiElaine
“Like” me on Facebook: Elaine Schaefer Realtor
Find me on LinkedIn: www.linkedin.com/in/ElaineSchaefer

……Making your real estate dreams
my business………

Princeville Kauai condo / house update for Feb 28th to Mar 5th

Aloha from Princeville Kauai,

Condos were flying off the shelves this week with one new listing, five new escrows and three sales. We’ll need all these sales and more to meet or exceed the 88 sales from Mar 15. As of today, Sunday, there have been 12 sales.

With interest rates remaining low and a good inventory, we can look forward to continued movement in the market. Here is your update for this week:

NEW LISTINGS

293543 CND A 2 $639,000 4-5-4-5-23-56 FS Plantation #1422 1,318 #1422 3/3.00

CONTINGENT SALES

286355 CND C 226 $387,000 4-5-4-5-18-91 FS Puamana #25B 1,298 #25B 2/2.00
291474 CND C 46 $469,000 4-5-4-12-2-12 FS Hale Moi #112 1,033 #112 1/2.00
288341 CND C 165 $529,000 4-5-4-5-23-34 FS Plantation #912 1,153 #912 2/2.00
293284 CND C 10 $679,000 4-5-4-12-10-7 FS Emmalani Court #215 1,456 #215 2/2.00
291760 CND C 54 $699,000 4-5-4-11-3-122 FS Hanalei Bay Resort #2311/12 867 #2311/​12 1/2.00

SALES

284666 CND S 239 $410,000 4-5-4-5-30-8 FS Mauna Kai #F8 1,280 #F8 2/2.00
SOLD 3/3/2016 for $397,500 (CASH) DOM 239

265147 CND S 917 $539,000 4-5-4-5-24-95 FS Nihilani #32B 1,406 #32B 2/2.01
SOLD 2/29/2016 for $525,000 (CNV) DOM 917

292260 CND S 7 $634,500 4-5-4-5-23-39 FS Plantation At Princeville #1021 1,318 #1021 3/3.00
SOLD 2/29/2016 for $615,000 (CASH) DOM 7

PRICE CHANGES

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

New Listings:

Plantation 1422 is newly listed, priced at $639K. The last sale was for $552,993 from the developer in 1/06.

Contingent:

Puamana 25B is back in escrow since falling out on 2/23. Priced at $387K, the last sale was for $194,600 in 8/11.

Hale Moi 112 is listed for $469K and is now in escrow. The seller bought this unit for $96K in 3/99!

Plantation 912 found a buyer after 160 days priced at $529K. The previous sale was for $599K in 10/05.

Emmalani Court 215 only took 10 days to go into escrow priced at $679K. The seller obtained this unit in 10/15 for $625K.

After 52 market days, Hanalei Bay Resort 2311/12 found a buyer while priced at $699K. The sellers bought this unit for $525K in 2/07.

Sales:

Mauna Kai F8 was listed for $410K when it sold for $397,500 cash. The last sale was for $362K in 1/04.

Nihilani 32B sold for $525K while listed for $539K. This unit sold previously from the developer in 11/06 for $679,295.

Plantation 1021, which was purchased in 6/15 for $590K, sold this week for $615K. It’s a rarity, but there are no price changes this week so it’s on to your Princeville Kauai single family home update:

NEW LISTINGS

293419 RES A 2 $769,000 4-5-4-23-43 FS 3807 Iluna Pl 8,900 sqft 1,535 3/2.00
292372 RES A 3 $1,150,000 4-5-4-9-15 FS 4212 Liholiho Rd 11,345 sqft 1,812 3/2.01
293465 RES A 4 $1,350,000 4-5-4-18-45 FS 4165 Kamalani Ln 10,235 sqft 2,405 3/3.01
291455 RES W 2 $679,000 4-5-4-23-58 FS 3784 Milimakani Pl 7,928 sqft 1,336 3/2.00

CONTINGENT SALES

274096 RES C 645 $1,200,000 4-5-3-11-32 FS 4066 Aloalii Dr 13,511 sqft 2,784 3/2.01
293465 RES C 5 $1,350,000 4-5-4-18-45 FS 4165 Kamalani Ln 10,235 sqft 2,405 3/3.01

UNDER CONTRACT

288590 RES U 99 $1,195,000 4-5-3-12-12 FS 3985 Aloalii Dr 8,554 sqft 3,340 2/3.00

WITHDRAWN

291455 RES W 2 $679,000 4-5-4-23-58 FS 3784 Milimakani Pl 7,928 sqft 1,336 3/2.00

PRICE CHANGES

289765 RES A 115 $699,999- 4-5-4-17-30 FS 4841 Victoria Lp 12,679 sqft 1,494 3/2.00

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

New Listings:

3807 Iluna Place is priced at $769K since last selling for $360K in 2/02.

4212 Liholiho has a list price of $1.150M. The last purchase was for $1.1M in 9/05.

4165 Kamalani Lane is newly listed for $1.350M since selling for $666,666 in 3/11. It was only on the market for five days when it went into escrow, which is where you’ll also see it.

3784 Milimakani, which was priced at $679K, last sold for $780K in 4/06. It was previously listed from 8/08 to 8/10, priced at $825K. It was listed for two days then was withdrawn.

Contingent:

4066 Aloalii found a buyer while priced at $1.2M after 644 market days. The most recent sale was for $325K in 8/03 for land. As noted above, 4165 Kamalani went quickly into escrow.

Under Contract:

3985 Aloalii, priced at $1.195M, moved from contingent to under contract and should be closing shortly.

Withdrawn:

As noted above, 3784 Milimakani, was listed for two days then was withdrawn.

Price Changes:

4841 Victoria Loop made an interesting reduction of $75,001 to bring the list price to $699,999. The seller bought this home for $585K in 5/12.

I don’t know if you follow the Kauai news, but this coming Wednesday the County Counsel will consider a proposal to increase the gas tax by 15 cents per gallon beginning Jan. 15. Wow, just when gas got down to something like $2.35 a gallon at Costco!

This proposal, which comes from Councilwoman JoAnn Yukimura, would also increase bio-diesel fuel 10 cents per gallon. They said this proposal would eliminate a liquid tax increase due on July 26, 2026, and lower the bio-diesel tax hike by 5 cents on the same date. Do they really mean 2026 or did they mean 2016?

Another option being considered is raising the general excise tax by a half percent, to 4.5 percent. Both taxes are being considered to fund public transportation projects.

If you like to keep up with the news, follow me on Twitter or FB where I post it daily. There’s always something going on on The Garden Island.

Aloha from Princeville Kauai,

Elaine

mauiaquariem

If you are on Maui and are looking for something fun, I recommend the Maui aquarium. They have a plexiglass tunnel you can walk through with fish all around. Not only do they have Kama’aina rates but they also have senior rates, so if you’re a senior Kama’aina, it’s so inexpensive it’s a total no brainer!

Elaine Schaefer (B) REALTOR
CRS, GRI, ABR, SFR, SRS
Broker in Charge – Princeville Resort Office
Top Producer 100% Club

RE/MAX Kauai
POB 223609
Princeville, HI 96722

Cell: 808 639 2935
soldonkauai@gmail.com

Website: KauaiRealEstateNow.Com
Blog: Activerain.com/blogs/soldonkauai
Follow me on Twitter: KauaiElaine
“Like” me on Facebook: Elaine Schaefer Realtor
Find me on LinkedIn: www.linkedin.com/in/ElaineSchaefer

……Making your real estate dreams
my business………

Kauai February 2016 Market Statistics

Aloha from Princeville Kauai,

February held steady, posting 65 sales, which is an 8% increase over the 60 sales from last Feb., but no match for the 75 properties sold Jan 16. Within the last 6 years, only Feb 14 outperformed with 67 sales. The low was Feb 12 with 61 sales.

Year to date we are ahead by 13 sales, with 127 sales this time last year compared to 140 at the end of this Feb. The only higher “year to date” was Feb 14 with 149 transactions. Overall, the real estate activity seems brisk, interest rates are good, and it’s easy to see from the traffic on the roads, that visitors are definitely on Island.

Sales volume is down slightly from $53M in Feb 15 to $51M this past Feb. Feb 13 and 14 had $43M in sales, Feb 12 a mere $38M and Feb posted $45M. Year to date we are way up with $107M in sales at the end of Feb 16, while year to date Feb 15 only posted $89M, Feb 14 had $82M, year to date Feb 13 $76M, Feb 12 $67M and Feb 11 $83M. Certainly looks like things are on the comeback!

Median sales for residential are down from $730K in Feb 15 to $650K in Feb 16. Condos held fairly steady with a median of $315K in Feb 15 compared to $345K this Feb. Land had a dramatic change from $360K to a median of $1.3M for this Feb. It’s easy to see why when you look at the sales for Feb 15:

SALES

Location Sold Date Sold Price
6976 Holopono Pl 2/18/2015 $220,000
Meadow Condominium 2/14/2015 $227,500
Two Rivers Condominium #2 2/12/2015 $230,000
Waipouli Rd 2/3/2015 $270,000
Wiliko St 2/13/2015 $300,000
Poipu Beach Estates 6/14/2014 $350,000
3049 Kiahuna Plantation Dr 2/3/2015 $420,000
5210 Hanalei Plant Rd 2/10/2015 $420,000
2686 Puuone St 2/20/2015 $500,000
Lake Front K Ridge 2/23/2015 $1,500,000
5561-J Olohena Rd 2/26/2015 $1,700,000
Paliku Place – Kealia Kai #17 2/13/2015 $1,795,000

and then at the land sales for Feb 16:

SALES

Location Sold Date Sold Price
4978 Hauaala Rd 2/12/2016 $200,000
385 Likeke Pl 2/22/2016 $210,000
Alamihi #A 2/5/2016 $250,000
4081 Pali Moana Pl 2/8/2016 $1,300,000
Kauikeolani Ii #1 2/19/2016 $1,375,000
Hale Anuenue 2/11/2016 $1,650,000
4901 Hanalei Plant Rd 2/10/2016 $2,900,000

Overall, it looks for a promising year with favorable interest rates and great inventory. Your piece of Paradise is here waiting for you.

To view the MLS Statistical Data in its entirely, please click here to go to my website where I post it every month.

Questions? You know who to ask for the facts before buying or selling. Enjoy your Paradise wherever it may be.

Aloha from Princeville Kauai,

Elaine

IMG_474448528
I thought I’d share this picture we took while in Cape Town with you. It’s truly yet another Paradise.
Elaine Schaefer (B) REALTOR
CRS, GRI, ABR, SFR, SRS
Broker in Charge – Princeville Resort Office
Top Producer 100% Club

RE/MAX Kauai
POB 223609
Princeville, HI 96722

Cell: 808 639 2935
soldonkauai@gmail.com

Website: KauaiRealEstateNow.Com
Blog: Activerain.com/blogs/soldonkauai
Follow me on Twitter: KauaiElaine
“Like” me on Facebook: Elaine Schaefer Realtor
Find me on LinkedIn: www.linkedin.com/in/ElaineSchaefer

……Making your real estate dreams
my business………


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Aloha!

Elaine

Elaine Schaefer (R)
Broker in Charge
Certified Residential Specialist
Accredited Buyer's Representative
Graduate, Realtor's Institute

Cellular:
808.639.2935
Fax:
808.440.4552
Email:
soldonkauai@gmail.com
Web:
KauaiRealEstateNow.com

RE/MAX Kauai
Princeville Resort Office
5-4280 Kuhio Hwy. Suite 203
Princeville HI 96722

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