Kauai December 2014 Market Statistics

Aloha,

Happy New Year from Princeville Kauai! May 2015 bring you much peace, prosperity, health and happiness. 2014 Real Estate closed out the year with a downward trend, posting only 77 sales for Dec, down 9% from last Dec with 85. This is the second year there is a decrease in the number of sales as there were 94 sales in Dec 12. This of course, was a huge jump up from Dec 11 with only 49 sales. Dec 10 has 80 sales and even Dec 09, typically the lowest year, posted more sales than 2011 with 59.

The biggest drop in sales for Dec was residential which only had 35 sales compared to 42 in Dec 13. Land also saw a decrease, with 15 sales compared to 20 last Dec. Condos were up by 4, with 25 sales.

Year to date was also down by a very small margin: 999 sales in 2013 and 997 in 2014. As they say, close but….Even though the annual sales are slightly down, they are still much higher than the numbers posted for the last 6 years. Year end 2012 had 891 sales, 2011 – 782, 2010 – 719 and 2009 a mere 500. I keep wondering how we survived that year.

Sales volume is also slightly down for the month of Dec by 6%, going from $69M sold in Dec 13 to $65M in Dec 14. Dec 12 had $72M in sales while 11 had an unbelievable $20K. Even Dec 09 and 10 were higher with $53M and $67M in sales respectively.

For the year 2009, there were $340M in sales, 2010 saw $419M, 2011 $437M, 2012 $524M, 2013 had $578M while 2014 sales volume shows a hearty increase of 13% with $651M in sales. Slowly but surely….

Median sales price was up dramatically in residential for 2014, with a 92% increase, going from $454,500 in Dec 13 to $875K in Dec 2014. The annual median for residential in 2014 was up by 3% to $533K while the 2013 median was $527K. The annual residential median for 2012 was $458,750, for 2011 $455K, 2011 was $497,500 and 2009 posted $470,500.

As of today, Jan 12th we’ve had 20 sales, with our goal being to surpass the 82 sold in Jan 14. Days like today – not a cloud in the sky until afternoon, bright and sunny with a cool tinge to the wind – make for an easy sell. It was so beautiful – plus the whales are here. What’s not to like? If you’re thinking you’d like you’re own piece of paradise, please send me a text or email so we can get your search underway.

If you want to see the full MLS Statistical report, click here where I post it on my website each month.

Aloha Elaine

Today was especially beautiful – not a cloud in the sky!
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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

KauaiRealEstateNow.com
Activerain.trulia.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 the week of Dec 28th to Jan 3rd

Aloha,

…and a very Hauoli Makahiki Hou to you and yours. 2015 made a chilling entry, with nighttime temps down in the low 60′s and high 50′s. It was 57 this morning!

I know that doesn’t seen cold to some of you, but when the only heater available is in your car, you then realize how cold it can be stepping out of the shower or getting up and dressed to go out in the cooler morning temps. In addition, we’ve had quite a bit of heavy, blowing rain which has only added to the “freezing.”

Where are my UGGS? When I first saw women wearing them on Kauai I wondered if they were just doing so as a fashion statement. Now I am thinking how warm and cozy my feet would be wrapped in a pair. All I own is a bunch of sandals, running shoes and some Sketchers, none of which are warm or waterproof. Oh yes, there are the Crocs which, while freezing, at least allow the water to flow in AND out.

Anyhow, it’s always an adventure in Paradise. I”m just glad I have my blanket!

Here is your update for the past week:

NEW LISTINGS

280091 CND A 1 4-5-4-5-18-41 FS $495,000 Puamana #12A 1,532 #12A 2/2.00
279836 CND A 5 4-5-4-12-5-2 FS $749,900 Pali Ke Kua #102A 717 #102A 1/1.00

SALES

274986 CND S 89 4-5-4-5-16-20 FS $650,000 Alii Kai #3104 1,085 #3104 2/2.00
SOLD 12/30/2014 for $610,000 (CNV) DOM 89

EXPIRED

275139 CND X 154 4-5-3-6-22-74 FS $779,000 Kaiulani #74 1,892 #74 2/2.01
272057 CND X 279 4-5-4-5-16-37 FS $639,000 Alii Kai #5101 1,086 #5101 2/2.00

WITHDRAWN

271553 CND W 303 4-5-4-12-11-37 FS $1,799,500 Puu Poa #309 1,352 #309 2/3.01

PRICE CHANGES

272612 CND A 264 4-5-4-5-18-35 FS $435,000+ Puamana #10A 1,510 #10A 2/2.00
275790 CND A 159 4-5-4-6-1-33 FS $729,900- Villas Of Kamalii #33 1,825 #33 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:

Golf course view Puamana 12A is newly listed at $495K. The prior sale was in 1/13 for $371K. Ocean and Bali Hai view Pali Ke Kua 102 returns to the market priced at $749,900 which is just slightly less than the purchase price of $795K in 4/05. It was most recently listed from 11/13 to 8/14 for $997,500.

Sales:

Ocean view Ali’i Kai 3104 was purchased for $612K in 4/13 and sold for $610K while priced at $650K.

Expired:

Kaiulani 74 expired after 154 market days priced at $779K. This townhome sold from the developer for $898,250 in 4/07. Ocean view Ali’i Kai 5101 also expired while listed for $639K. The seller purchased this unit in 5/04 for $595K.

Withdrawn:

Pu’u Po’a 309 was withdrawn after 303 market days priced at $1,799,500. The purchase price was $1,730,338 in 9/05.

Price Changes:

Puamana 10A sold for $425K in 11/13, and saw a price increase this week from $425K to $435K. Villas of Kamali’i 33 is now $729,900, down from $739K. This townhome sold for $640K in 10/13.

Now on to your Princeville Kauai single family home update which had one new escrow.

NEW LISTINGS

279410 RES A 1 4-5-3-12-30 FS $1,270,000 3982 Aloalii Dr 8,072 sqft 2,229 3/3.00
279955 RES A 3 4-5-4-23-15 FS $699,000 4839 Moli Pl 7,486 sqft 1,291 3/2.00

BACK ON THE MARKET

268028 RES A 412 4-5-4-18-46 FS $985,000 4161 Kamalani Ln 10,249 sqft 1,708 3/2.01

CONTINGENT SALES

276659 RES C 120 4-5-4-17-14 FS $1,295,000 4825 Emmalani Dr 12,290 sqft 2,942 4/3.01

PRICE CHANGES

277118 RES A 109 4-5-4-18-54 FS $945,000- 4537 Emmalani Dr 10,603 sqft 1,632 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:

3982 Aloalii makes its first MLS appearance priced very attractively at $1.270M since selling for $960,900 in 5/12.

4839 Moli Place returns to the market priced at $699K. This home sold previously for $500K in 10/10. It was listed from 10/13 to 9/14, starting at $725K and reducing to $675K when it was withdrawn.

Back on the Market:

4161 Kamalani Lane returned to the market still priced at $985K after expiring on 12/31. This seller purchased this home in 3/99 for $260K as a bank owned property.

Contingent:

The $100K price reduction on 4825 Emmalani, which brought it to $1.295M, found this golf course home (with a pool) a buyer. The last sale was for $318K in 5/03 for land. The home was built in 05.

Price Changes:

4537 Emmalani, a golf course home, reduced to $945K from $965K. This one owner home was built in 95. The last sale was for land in 6/93 for $165K.

That’s it for our first foray into 2015. We’ll just have to wait and see what the market gods bring us! If you need help buying or selling, you know who to text or email. I’m here so you get the facts all throughout the new year!

Aloha Elaine

These beautiful scenes were all taken before the storms.

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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.trulia.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 Jan 18th to Jan 24th

Aloha from Princeville Kauai!

It’s been a mixed bag this week as far as weather goes, more so than usual. Big surf was a visual treat for all as well as some epic blue sky, cloudless days. All of that changed on Saturday when the cold front and rain they’d promised arrived. Still cool on Sunday but at least the sun is starting to shine through.

As for as real estate, it was also an epic week for condos, with many new listings, two contingencies and four sales. Throw in a price change, expired and withdrawn units and you’ll see there was quite a bit of activity:

NEW LISTINGS

280588 CND A 4 4-5-3-11-1-33 FS $669,000 Villas On The Prince #3 1,732 #33 3/3.00
280515 CND A 4 4-5-3-6-22-70 FS $835,000 Kaiulani #70 1,780 #70 2/2.01
280729 CND A 2 4-5-3-6-22-7 FS $1,399,000 Kaiulani #7 2,864 #7 3/3.01
280458 CND A 2 4-5-4-15-21-28 FS $360,000 Sandpiper #128 1,042 #128 2/2.00
280776 CND A 2 4-5-4-5-3-4 FS $369,000 Paniolo #104 1,058 #104 1/2.00
279363 CND A 4 4-5-4-12-9-13 FS $720,000 Pali Ke Kua #133/134 1,148 #133/​134 2/2.00

CONTINGENT SALES

279274 CND C 36 4-5-4-5-27-14 FS $252,000 Hale Honu #7B 866 #7B 2/1.00
279193 CND C 60 4-5-4-5-4-1 FS $399,000 Mauna Kai #1A 1,503 #1A 2/2.00

SALES

275921 CND S 132 4-5-3-11-1-6 FS $669,900 Villas On The Prince #6 1,737 #6 3/3.00
SOLD 1/23/2015 for $650,000 (1031, CASH) DOM 132

278492 CND S 12 4-5-3-6-22-49 FS $1,150,000 Kaiulani #49 2,479 #49 3/3.00
SOLD 1/21/2015 for $1,124,000 (CASH, CNV) DOM 12

275953 CND S 152 4-5-4-12-2-17 FS $439,750 Hale Moi #117 1,033 #117 1/2.00
SOLD 1/23/2015 for $425,000 (CNV) DOM 152

274793 CND S 169 4-5-4-12-9-1 FS $539,000 Pali Ke Kua #5 993 #5 2/2.00
SOLD 1/23/2015 for $545,000 (1031, CASH) DOM 169

EXPIRED

270164 CND X 363 4-5-4-5-39-159 FS $530,000 Cliffs #7201 963 #7201 1/2.00

WITHDRAWN

275182 CND W 199 4-5-3-6-22-3 FS $1,349,000 Kaiulani O#3 2,843 #3 3/3.01

TEMPORARILY WITHDRAWN

278341 CND T 83 4-5-4-5-23-38 FS $520,000 Plantation #1012 1,153 #1012 2/2.00

PRICE CHANGES

280588 CND A 4 4-5-3-11-1-33 FS $669,000+ Villas On The Prince #33 1,732 #33 3/3.00
277794 CND A 649 4-5-4-5-18-31 FS $330,000- Puamana #8D 1,298 #8D 2/2.00
275155 CND A 199 4-5-4-5-7-34 FS $449,500+ Sealodge #D5 570 #D5 1/1.00
274871 CND A 207 4-5-4-5-23-39 FS $599,000- Plantation #1021 1,318 #1021 3/3.00
280404 CND C 9 4-5-4-11-3-15 FS $989,000- Hanalei Bay Resort #C25 1,705 #4204/​5/​6 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:

Villas on the Prince 33 last sold for $555K in 8/03, and is now on the market priced at $669K. Also new is Kaiulani 70 with a list price of $835K. The previous sale was for $665K in 5/12.

One of the developer’s remaining Kaiulani units, #7, is back on the market priced at $1.399M. It’s been priced as high as $1.995M from 3/08 to 12/08.

Sandpiper 128 is new to the market since selling as a bank owned property in 7/11 for $214,900. It is priced at $360K.

Priced at $369K, Paniolo 104 is now listed after selling for $185K in 6/13 as a bank owned property.

Pali Ke Kua 133/134 sold in 12/91 for $275K and is now listed for $720K.

Contingent:

Hale Honu 7B, a 2 bedroom unit, went into escrow priced at $252K after selling for $58,500 in 2/87. Short sale fixer Mauna Kai 1A found a buyer after only 56 days while priced at $399K. The seller bought this condo for $539K in 3/05.

Sales:

Villas on the Prince sold for $650K cash with a list price of $669,900. This townhome sold previously for $725K in 3/05. Kaiulani 49 sold for $1.124M cash while listed for $1.150M. The seller purchased this townhome for $1.050M from the developer in 9/13.

Hale Moi 117 closed at $425K with a list price of $439,750. The purchase price of this condo previous to this sale was $109K in 6/99. Pali Ke Kua sold for over asking at $545K with a list price of $539K. The seller purchased his condo for $500K in 10/04.

Expired:

Cliffs 7201 expired while priced at $530K after 363 market days. This ocean view condo sold for $655K in 8/05.

Withdrawn:

The developer’s Kaiulani 3 was withdrawn while priced at $1,349M after 199 market days.

Temporarily Withdrawn:

Plantation 1012 was withdrawn while priced at $520K after 83 days on the market. This unit sold for $420K in 10/12.

Price Changes:

Villas on the Prince 33 came on the market showing a price change from from $669 to $669K obviously a mistake in input. Puamana 8D, which sold for $80K in 8/87 as a leasehold, converting to fee simple in 10/00 for $35,700, is now priced at $330K, down from $340K.

Sealodge D5 is now at a new increased price of $449,500 up only $500 from the prior price of $449K. Maybe this is the seller’s lucky number. The seller purchased this unit for $435K in 7/13.

Plantation 1021 reduced from $619K to $599K. The seller purchased this downstairs 2 bedroom condo for $523,993 from the developer in 12/05.

Hanalei Bay Resort 4204/5/6 reduced to $989K from $995K. The seller bought this unit in 4/05 for $1.064M.

Now on to your Princeville Kauai single family home update which saw very little activity, especially when compared to all that went on in condos this week:

NEW LISTINGS

280793 RES A 1 4-5-4-22-16 FS $1,090,000 4036 Kaikioewa Pl 12,434 sqft 3,246 4/3.01
280109 RES A 5 4-5-4-13-69 FS $1,179,000 3683 Albert Rd 10,454 sqft 1,896 2/2.01

BACK ON THE MARKET

263603 RES A 589 4-5-4-13-6 FS $999,999 3695 Kaweonui Rd 11,121 sqft 2,428 4/2.00
267688 RES A 464 4-5-4-9-55 FS $1,449,000 5331 Honoiki Rd 10,689 sqft 2,554 3/3.00

PRICE CHANGES

274904 RES A 207 4-5-4-15-13 FS $719,500- 3841 Haulani Pl 10,409 sqft 2,016 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:

4036 Kaikioewa Place returns to the market at a new low list price of $1.090M, down from the $1.250M list price it carried while on the market from 10/12 to 12/13. This home was purchased for $930K in 2/12.

A newcomer to the MLS is 3683 Albert, priced at $1.795M. This is the first offering of this single level Plantation style home which last sold as land in 8/09 for $325K. The home was built in 2010.

Back on the Market:

3695 Kaweonui, which expired on 12/25 priced at $999,999 is back on the market at the same price. The seller bought this home as an REO in 10/09 for $575K. Also returning to the market is 5331 Honoiki, which unfortunately fell out of escrow. The list price is still $1.449M. The prior sale was for $762,500 in 1/11.

Price Changes:

3841 Haulani reduced from $748,999 to $719,500. This home sold for $775K in 2/07.

Hard to believe that there is only one more week in January and then we’ll be on to the second month of the New Year. Overall, sales are W-A-Y off from last year with only 47 reported as of today, Sunday. The number to beat is 82 which is what Jan 14 posted. Sad to say, I don’t think we’re going to come anywhere near that number. I guess instead of starting the year off with a BANG we’ll have to change strategy and plan on gaining momentum as we progress.

Any questions, you know who to ask. I’m here so you get the facts before buying or selling.

Aloha Elaine

An amazing cloud afternoon!

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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.trulia.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 Jan 11th to Jan 17th

Aloha,

Welcome to your Princeville Kauai weekly condo and home update. As we head into the third week week of January, as of today Sunday, there have been 31 sales. The goal is to surpass the 82 posted last January. Hopefully, we can jumpstart 2015 by posting strong numbers for the first month! This week saw a fair amount of activity as three condos and one house went into escrow. Here is your update:

NEW LISTINGS

280106 CND A 4 4-5-4-5-13-11 FS $627,000 Kamahana #11 1,635 #11 3/2.00
280404 CND C 3 4-5-4-11-3-15 FS $995,000 Hanalei Bay Resort #C25 1,705 #4204/​5/​6 3/3.00

BACK ON THE MARKET

271175 CND A 318 4-5-4-5-39-72 FS $330,000 Cliffs #3204 917 #3204 1/2.00

CONTINGENT SALES

275570 CND C 180 4-5-4-12-3-13 FS $690,000 Hanalei Bay Villas #13 1,244 #13 2/2.00
280404 CND C 3 4-5-4-11-3-15 FS $995,000 Hanalei Bay Resort #C25 1,705 #4204/​5/​6 3/3.00
275347 CND C 190 4-5-4-12-11-45 FS $1,750,000 Puu Poa #403 1,752 #403 2/2.00

SALES

278612 CND S 10 4-5-4-5-18-5 FS $385,000 Puamana #2A 1,312 #2A 2/2.00
SOLD 1/13/2015 for $357,500 (CASH) DOM 10

279146 CND S 0 4-5-4-12-8-3 FS $478,000 Pali Ke Kua #3 993 #3 1/1.01
SOLD 1/7/2015 for $435,000 (1031) DOM 0

WITHDRAWN

270407 CND W 341 4-5-4-5-18-76 FS $535,900 Puamana #21B 1,426 #21B 3/2.00

PRICE CHANGES

269574 CND A 384 4-5-3-11-1-10 FS $749,000- Villas On The Prince #10 1,732 #10 3/3.00
271175 CND A 318 4-5-4-5-39-72 FS $330,000- Cliffs #3204 917 #3204 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:

Kamahana 11, a golf course unit, returns to the market price at $699K after selling for $570K in 8/04. It was previously listed from 1/10 to 7/13 for $599K. Hanalei Bay Resort 4204/5/6 came on the market priced at $995K showing as in escrow. The last sale was for $1.064M in 4/05.

Back on the Market:

Cliffs 3204 went into escrow on 12/26 but is now back on the market with a lower price of $330K. The previous sale was for $380K in 1/08.

Contingent:

Hanalei Bay Villas 13, priced at $690K found a buyer this week. The prior sale was for $235K in 5/99. As noted above, Hanalei Bay Resort 4204/5/6 came on the market showing as in escrow. Pu’u Po’a 403 went into escrow with a list price of $1.750M. The prior sale was for $1.761M in 6/06.

Sales:

Puamana 2A sold for $357,500 cash while listed for $385K. It was purchased in 1/05 for $450K.

Pali Ke Kua 3 came on the market showing as sold for $435K with a list price of $478K. The seller purchased this unit for $300K in 10/12, getting himself a nice profit for his efforts.

Withdrawn:

Puamana 21B with a price tag of $535,900 was withdrawn after 341 market days. The condo sold for $79K in 4/99 as a leasehold unit, converting to fee simple in 7/00 for $35,700.

Price Changes:

Villas on the Prince 10 reduced from $769K to $749K. The seller bought this unit from the developer for $474,320 in 2/02. As noted previously, Cliffs 3204 reduced from $349K to $330K as it returned to the market.

Now on to your Princeville Kauai single family home update:

NEW LISTINGS

280487 RES A 3 4-5-3-12-19 FS $2,525,000 3953 Aloalii Dr 9,027 sqft 3,382 3/2.01
280447 RES A 4 4-5-4-18-23 FS $995,000 4691 Emmalani Dr 10,526 sqft 2,229 3/2.01
280296 RES A 3 4-5-4-7-34 FS $2,495,000 3824 Punahele Rd 17,151 sqft 5,095 5/6.01

CONTINGENT SALES

279761 RES C 31 4-5-4-17-21 FS $1,150,000 4914 Emmalani Dr 10,500 sqft 3,238 4/3.01

SALES

268499 RES S 373 4-5-4-10-17 FS $870,000 5275 Honoiki Rd 10,264 sqft 1,874 3/2.01
SOLD 1/16/2015 for $860,000 (CNV) DOM 373

PRICE CHANGES

280296 RES A 3 4-5-4-7-34 FS $2,495,000- 3824 Punahele Rd 17,151 sqft 5,095 5/6.01

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:

3953 Aloalii is back on the market priced at $2.525M. The prior sale was for $1.8M in 4/07. 4691 Emmalani is newly listed for $995K since selling for $667,500 in 6/03. 3824 Punahele is priced at $2.495M. The last sale was for land in 1/01 for $195K. The house was built 04. It was listed before from 4/12 to 9/14 for $2.795M and again from 9/14 to 10/14 for $2.875M.

Contingent:

4914 Emmalani found a buyer while priced at $1.150M after 28 market days. This home was purchased for $980K in 12/09.

Sales:

5275 Honoiki sold for $860K whith a list price of $870K. This home sold for $385K in 7/98.

Price Changes:

3824 Punahele was initially priced at $2.875M then reduced to $2.495M when it was released. For some strange reason, even if an agent makes a price change while the property is in the “holding” status, when it’s released, it shows the price change!

Interest rates are remaining low, especially for owner occupants. If you are investor you will most likely need a down of at least 25% or more depending on the type of property (house or condo.) Remember to find a lender and get pre-qualified before contacting an agent so when you find your dream home, it’s one you can afford. Any questions? – You know who to ask.

Aloha Elaine

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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.trulia.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 Jan 4th to Jan 10th

Aloha,

It’s a beautiful Sunday morning here in Princeville Kauai, with the kind of weather that makes visitors (and locals) very happy. Clear blue skies with a hint of cooling breeze. The temperature is currently at 70. Perfect.

Condos showed some activity this past week with two new escrows while houses were somewhat stagnant. Take a look for yourself:

NEW LISTINGS

279795 CND A 3 4-5-4-12-9-12 FS $520,000 Pali Ke Kua #16 993 #16 2/2.00

CONTINGENT SALES

274793 CND C 172 4-5-4-12-9-1 FS $539,000 Pali Ke Kua #5 993 #5 2/2.00
275199 CND C 163 4-5-4-5-23-40 FS $575,000 Plantation #1022 1,318 #1022 3/3.00

UNDER CONTRACT

275953 CND U 152 4-5-4-12-2-17 FS $439,750 Hale Moi #117 1,033 #117 1/2.00

EXPIRED

277321 CND X 105 4-5-4-5-18-78 FS $439,800 Puamana #21D 1,298 #21D 2/2.00

WITHDRAWN

265963 CND W 511 4-5-3-11-1-21 FS $695,000 Villas On The Prince #21 1,737 #21 3/3.00
262824 CND W 623 4-5-4-6-1-59 FS $690,000 Villas Of Kamalii #59 1,766 #59 3/3.00

PRICE CHANGES

279706 CND A 26 4-5-4-12-11-14 FS $1,145,000- Puu Poa #114 2,079 #114 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:

Pali Ke Kua 16 is newly listed $520K since being purchased in 2/02 for $280K.

Contingent:

Pali Ke Kua 5 found a buyer while priced at $539K. This unit sold for $500K in 10/04. Plantation 1022 went into escrow priced at $575K after selling recently for $589K in 6/14.

Under Contract:

Hale Moi 117, priced at $439,750 moved to under contract and should be closing soon. The seller purchased this condo for $109K in 6/99.

Expired:

Puamana 21D expired after 105 market days priced at $439,800. It sold for $300K in 3/09.

Withdrawn:

Villas on the Prince 21 was listed for $695K when it was withdrawn after 511 days on the market. The seller purchased this townhome for $575K in 1/03. Villas of Kamalii 59 was withdrawn with a list price of $690K after 623 market days. The condo sold previously for $586K in 4/04.

Price Changes:

Pu’u Po’a 114 is now $1.145M, down from $1.265M. It was purchased for $870K in 9/12 as a short sale.

Now on to your Princeville Kauai single family home update:

NEW LISTINGS

280073 RES A 4 4-5-4-15-6 FS $660,000 3881 Albert Rd 11,515 sqft 1,272 3/2.00
280005 RES A 4 4-5-4-21-27 FS $875,000 4871 Akai Pl 11,486 sqft 1,772 3/2.00

PRICE CHANGES

270286 RES A 345 4-5-4-14-28 FS $919,000- 3907 Kamehameha Rd 17,070 sqft 2,863 3/2.00
279398 RES A 36 4-5-4-16-69 FS $1,295,000- 4391 Emmalani Dr 10,750 sqft 2,854 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:

3881 Albert is listed for $660K. The last sale was for $745K in 6/05. It was previously listed from 9/07 to 9/08 starting at $849K and reducing to $689K and again from 9/08 to 9/09 for $689K.

4871 Akai Place is now listed for $875K. This home sold previously for $860K in 10/05. It was listed before from 7/08 to 9/08 for $985K and again from 12/10 to 3/11 starting at $850K and reducing to $799K during the listing.

Price Changes:

3907 Kamehameha reduced $50K and is now priced at $919K. The last sale was in 10/98 for $380K. 4391 Emmalani was priced at $1.325M and is now $1.295M. This home, which was built in 99, last sold as land in 6/88 for $95K.

There were 82 sales in Jan 14 and so far we’ve posted 16 in the New Year. We ended 2014 2 sales shy of the 999 transactions posted in 2013. The first half of 2014 started with slow gains in most of the months, the best being March with 112 sales compared to 85 in March 13.

The second half of the year was marked with the same type of activity, except instead of slow gains, there were slow losses, with November down a full 29%, posting only 56 sales compared to 79 from the prior November.

More than ever, buyers are looking for proof of value for their dollar, and seem less willing to repair or upgrade unless the list price is attractive enough to warrant the work. If you’re a buyer with a limited budget, keep in mind that a property with deferred maintenance and / or in need of upgrading provides more room for negotiations. If you’re a seller, do what you can to present your property in the best possible condition.

In the meantime, if you have questions about buying or selling, you know who to ask. That’s why I’m here, so you get the facts first.

Aloha Elaine

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Beautiful views from Kealia.

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.trulia.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 the week of Dec 21st to Dec 27th

Aloha from Princeville Kauai,

I trust that Santa was good to everyone and that all had a wonderful Christmas with friends and family. This past week saw a fair bit of activity, considering that it was Christmas week. There were sales in both condos and houses, although nowhere near enough (we are at 66 sales now) to meet or surpass Dec 13 which had 85 sales. Take a look for yourself:

NEW LISTINGS

279672 CND A 3 4-5-3-6-22-40 FS $1,249,000 Kaiulani #40 2,430 #40 3/3.01
279932 CND A 1 4-5-4-5-16-23 FS $725,000 Alii Kai #3203 1,085 #3203 2/2.00

BACK ON THE MARKET

277794 CND A 621 4-5-4-5-18-31 FS $340,000 Puamana #8D 1,298 #8D 2/2.00
277247 CND A 64 4-5-4-5-18-37 FS $399,990 Puamana #10C 1,298 #10C 2/2.00

CONTINGENT SALES

271175 CND C 296 4-5-4-5-39-72 FS $349,000 Cliffs #3204 917 #3204 1/2.00

SALES

259592 CND S 714 4-5-4-5-23-27 FS $629,000 Plantation #721 1,318 #721 3/3.00
SOLD 12/26/2014 for $600,000 (CASH) DOM 714

UNDER CONTRACT

274986 CND U 89 4-5-4-5-16-20 FS $650,000 Alii Kai #3104 1,085 #3104 2/2.00

EXPIRED

264123 CND X 548 4-5-4-5-27-20 FS $365,000 Hale Honu #10B 1,085 #10B 3/1.01

PRICE CHANGES

277794 CND A 621 4-5-4-5-18-31 FS $340,000+ Puamana #8D 1,298 #8D 2/2.00
278341 CND A 60 4-5-4-5-23-38 FS $520,000- Plantation #1012 1,153 #1012 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:

Ka’iulani 40 is listed for $1.249M since selling for $950K in 4/12. Ocean view Ali’i Kai 3203 was purchased for $179K in 7/97 and is now newly listed for $725K.

Back on the Market:

Puamana 8C went into escrow on 12/08 and returned to the market with a price increase of $340K up from $330K. The prior sale was as a leasehold property in 8/87 for $80K, converting to fee simple in 10/00 for $35,700. Puamana 10C, with a list price of $399,990, returns to the market after being in escrow a few weeks. It last sold for $163K in 10/00.

Contingent:

Cliffs 3204 found a buyer while listed for $349K. The last sale was for $380K in 1/08.

Sales:

Plantation 721 sold for $600K cash while listed for $629K. The owner purchased this condo from the developer for $435K in 9/05.

Under Contract:

Ali’i Kai 3104 moved from contingent on 12/2 to being under contract. We should see this unit closing shortly.

Expired:

Hale Honu 10B expired after 548 days priced at $365K, which was the purchase price back in 9/07.

Price Changes:

As noted above, Puamana 8D returned to the market priced $10K higher. Plantation 1012 was purchased for $420K in 10/12. It made a small reduction this week from $522,500 to $520K.

Now on to your Princeville Kauai single family home update:

NEW LISTINGS

279902 RES S 0 4-5-4-9-34 FS $3,200,000 4225 Kekuanaoa Ln 15,125 sqft 3,276 3/3.00
SOLD 12/22/2014 for $3,200,000 (CASH) DOM 0

BACK ON THE MARKET

279512 RES A 5 4-5-4-13-30 FS $3,500,000 3559 Kaweonui Rd 11,372 sqft 1,946 4/2.01

CONTINGENT SALES

278125 RES C 68 4-5-4-19-3 FS $1,195,000 5068 Napookala Cir 23,685 sqft 3,266 4/3.01
267688 RES C 436 4-5-4-9-55 FS $1,449,000 5331 Honoiki Rd 10,689 sqft 2,554 3/3.00

SALES

272166 RES S 246 4-5-4-16-14 FS $1,169,000 4047 Kaahumanu Pl 13,215 sqft 2,581 3/3.00
SOLD 12/22/2014 for $1,121,000 (CASH) DOM 246

279902 RES S 0 4-5-4-9-34 FS $3,200,000 4225 Kekuanaoa Ln 15,125 sqft 3,276 3/3.00
SOLD 12/22/2014 for $3,200,000 (CASH) DOM 0

EXPIRED

263603 RES X 586 4-5-4-13-6 FS $999,999 3695 Kaweonui Rd 11,121 sqft 2,428 4/2.00

PRICE CHANGES

276659 RES A 113 4-5-4-17-14 FS $1,295,000- 4825 Emmalani Dr 12,290 sqft 2,942 4/3.01
273290 RES C 87 4-5-4-20-27 FS $675,000+ 5142 Iolani Pl 8,641 sqft 1,562 4/2.00

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:

Seems like everything on Kekuanaoa is selling the last several weeks. 4225 Kekuanaoa came on the market showing as sold for the list price of $3.2M cash. This home was built in 2002 and last sold for $870K as land in 10/00.

Back on the Market:

3559 Kaweonui returned to the market after being temporarily withdrawn. This home sold for $1.910M in 10/13 and is now priced at $3.5M.

Contingent:

5068 Napookala is now in escrow with a list price of $1.195K. This one owner home sold as land in 2/99 for $190K and was built that same year. 5331 Honoiki is also in escrow priced at $1.449K. This home sold for $726,500 in 1/11.

Sales:

4047 Kaahumanu was priced at $1.169M when it sold for $1.121M cash this week. The home was purchased for $1,295,500 in 12/05. As noted under new listings, 4225 Kekuanaoa sold for $3.2M.

Expired:

3695 Kaweonui was priced at $999,999 when it expired. This home sold as a bank owned property for $575K in 10/09.

Price Changes:

There was a $100K price reduction at 4825 Emmalani which last sold as land in 5/03 for $318K. The home, which was built in 05, is now listed for $1.295M. 5142 Iolani Place increased from $625K to $675K. This is a short sale, currently in escrow.

“Winter” on Kauai is my favorite time of the year, especially after this year’s uncommonly hot and muggy summer. The cooler temps are very refreshing – nothing is better than a cool breeze with a sunny, cloudless day.

From the kitchen window, we finally saw our first whale of the season, and went out on the bluff to enjoy the action. It’s truly magical to see the albatross soaring effortlessly overhead, while Nene graze on the front “lawn.” Add in the egrets and finches and it’s quite a show. Of course, the main attraction is the whales.

Everyone has their own “winter wonderland”…….ours just doesn’t have much snow!

Thank you for reading my blog – I really do appreciate your interest. Enjoy the season and Hau’oli Makahiki Hou.

Aloha Elaine

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IMG_441403967

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.trulia.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 the week of Dec 14th to Dec 20th

Aloha from Princeville Kauai!

Although I’ve been thinking about a Princeville Kauai Christmas all year, it’s still hard to believe it’s next week — so let me start by wishing you a Meke Kalikimaka to you and yours! How is it that something so obvious and reoccurring still manages to “sneak up” on so many of us each year?

Although the update looks like it was “busy,” in truth, most all the new condo listings are due agents changing brokerages (they have to pull their listings and relist with the new company) and as far as houses goes, not one of them is really new. You’ll see what I mean when you get to that portion of the update.

Here we are at day 21 with 48 sales, aiming to surpass the 85 from Dec of 13. Don’t think it’s going to happen but we’ll see. Now on to your Princeville condo update:

NEW LISTINGS

279771 CND A 2 4-5-3-6-22-24 FS $1,495,000 Kaiulani #24 2,873 #24 3/3.01
279772 CND A 2 4-5-3-6-22-19 FS $2,250,000 Kaiulani #19 2,873 #19 3/3.01
279274 CND A 1 4-5-4-5-27-14 FS $252,000 Hale Honu #7B 866 #7B 2/1.00
279687 CND A 1 4-5-4-5-3-22 FS $469,000 Paniolo #208 1,058 #208 1/2.00
279773 CND A 1 4-5-4-12-3-4 FS $629,000 Hanalei Bay Villas #4 1,248 #4 2/2.01
272073 CND A 2 4-5-4-5-39-138 FS $649,000 Cliffs #5308 1,186 #5308 2/2.00
279774 CND A 2 4-5-4-5-16-43 FS $749,000 Alii Kai #5203 1,085 #5203 2/2.00
272183 CND A 2 4-5-4-5-39-161 FS $758,000 Cliffs #7203 1,864 #7203 4/4.00
279776 CND A 2 4-5-4-12-11-6 FS $1,195,000 Puu Poa #106 2,079 #106 2/2.00
279706 CND A 5 4-5-4-12-11-14 FS $1,265,000 Puu Poa #114 2,079 #114 2/2.00

BACK ON THE MARKET

275370 CND A 158 4-5-4-6-1-50 FS $759,000 Villas Of Kamalii #50 1,825 #50 3/3.00

CONTINGENT SALES

275921 CND C 138 4-5-3-11-1-6 FS $669,900 Villas On The Prince #6 1,737 #6 3/3.00
269882 CND C 344 4-5-4-5-7-11 FS $364,100 Sealodge #B3 570 #B3 1/1.00
277291 CND C 88 4-5-4-5-23-3 FS $620,000 Plantation #121 1,318 3/3.00

SALES

274086 CND S 159 4-5-3-6-22-8 FS $1,475,000 Kaiulani #8 2,864 #8 3/3.01
SOLD 12/18/2014 for $1,350,000 (CNV) DOM 159

276647 CND S 59 4-5-4-15-21-61 FS $395,000 Sandpiper #224 1,173 #224 2/2.01
SOLD 12/19/2014 for $350,000 (CNV) DOM 59

263776 CND S 464 4-5-4-12-10-6 FS $479,000 Emmalani Court #214 1,192 #214 2/2.00
SOLD 12/20/2014 for $479,000 (CNV) DOM 464

278369 CND S 9 4-5-4-12-11-49 FS $1,295,000 Puu Poa #407 1,784 #407 2/2.00
SOLD 12/15/2014 for $1,125,000 (CASH) DOM 9

EXPIRED

WITHDRAWN

268952 CND W 364 4-5-3-6-22-24 FS $1,495,000 Kaiulani #24 2,873 #24 3/3.01
272894 CND W 235 4-5-3-6-22-19 FS $2,250,000 Kaiulani #19 2,873 #19 3/3.01
273117 CND W 229 4-5-4-12-3-4 FS $629,000 Hanalei Bay Villas #4 1,248 #4 2/2.01
272348 CND W 252 4-5-4-5-16-43 FS $749,000 Alii Kai #5203 1,085 #5203 2/2.00
268117 CND W 362 4-5-4-12-11-6 FS $1,130,000 Puu Poa #106 2,079 #106 2/2.00

PRICE CHANGES

278341 CND A 53 4-5-4-5-23-38 FS $522,500- Plantation #1012 1,153 #1012 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:

Five condos were withdrawn and relisted when the agent changed brokerages; Ka’iulani 24 for $1.495M and 19 listed for $2.250M, Hanalei Bay Villas 4 for $629K, Ali’i Kai 5203 priced at $749K and Pu’u Po’a 106 with a list price of $1.195M down from $1.130M. You’ll also see these units under the withdrawn section of this update.

Other units that show as new listings due to the agent changing brokerage affiliation are Cliffs 5308 priced at $749K and Cliffs 7203 priced at $758K.

New listings this week include one owner Hale Honu 7B is, which was purchased for $58,500 in 2/87, and is now priced at $252K. Paniolo 208 is newly listed since being purchased in 3/14 for $223,300 and being remodeled. It is priced at $469K. Pu’u Po’a 114 last sold as a short sale for $870K in 9/12 and is newly listed for $1.265M.

Back on the Market:

Villas of Kamali’i 50 was very briefly in escrow but is now back on the market priced at $759K. The previous sale was for $620K in 4/04.

Contingent:

Villas on the Prince 6 found a buyer after 133 days priced at $669,900. The seller purchased this townhome for $725K in 3/05. Sealodge B3 went into escrow while listed for $364,100 after selling for $215K in 11/11. Plantation 121 was priced at $620K when it went into escrow this week. It sold for $505K in 11/10.

Sales:

Ka’iulani 8 sold for $1.350M while listed for $1.475M. The seller purchased this unit in 5/13 for $1.225M.

Sandpiper 224 was listed for $395K and sold for $350K. The condo sold previously for $125K in 8/00.

Short sale Emmalani Court 214 sold for the adjusted list price of $479K. The unit had been purchased for $763K in 6/07.

Pu’u Po’a 407 closed at $1.125M cash while priced at $1.295M. The prior sale was for $285K in 12/95.

Withdrawn:

As noted under new listings, Kaiulani 24 and 19, Hanalei Bay Villas 4, Ali’I Kai 5203 and Pu’u Po’a 106 all showed as withdrawn due to the agent changing brokerages.

Price Changes:

Plantation 1012 is now $522,500 down from $525K. The prior sale was for $420K in 10/12.

Now on to your Princeville Kauai single family home update where you’ll see lots of familiar properties:

NEW LISTINGS

279766 RES A 2 4-5-4-16-87 FS $849,000 4120 Nalani Ln 11,740 sqft 1,725 3/2.00
279777 RES A 2 4-5-4-17-18 FS $849,000 4944 Emmalani Dr 10,500 sqft 2,100 3/2.01
279781 RES A 2 4-5-4-18-20 FS $999,000 4173 Kalani Pl 10,630 sqft 3,464 3/3.01
279761 RES A 2 4-5-4-17-21 FS $1,150,000 4914 Emmalani Dr 10,500 sqft 3,238 4/3.01
279760 RES A 3 4-5-4-16-67 FS $1,345,000 4421 Emmalani Dr 11,463 sqft 2,126 2/2.01
279646 RES A 5 4-5-4-16-84 FS $1,395,000 4100 Nalani Ln 10,542 sqft 2,643 3/2.02
279628 RES A 3 4-5-4-9-35 FS $2,495,000 4231 Kekuanaoa Ln 13,014 sqft 3,177 3/3.00

CONTINGENT SALES

274595 RES C 186 4-5-4-6-14 FS $795,000 4140 Lei O Papa Rd 18,861 sqft 1,634 2/3.00

SALES

277005 RES S 10 4-5-4-7-22 FS $875,000 3886 Punahele Rd 11,745 sqft 2,064 3/3.00
SOLD 12/15/2014 for $875,000 (CASH, PMM) DOM 10

WITHDRAWN

278671 RES W 35 4-5-4-16-87 FS $849,000 4120 Nalani Ln 11,740 sqft 1,725 3/2.00
276857 RES W 96 4-5-4-17-18 FS $849,000 4944 Emmalani Dr 10,500 sqft 2,100 3/2.01
276862 RES W 70 4-5-4-17-21 FS $1,150,000 4914 Emmalani Dr 10,500 sqft 3,238 4/3.01
275998 RES W 83 4-5-4-16-67 FS $1,345,000 4421 Emmalani Dr 11,463 sqft 2,126 2/2.01

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:

Four homes show as newly listed due to the agent changing brokerages: 4120 Nalani for $849K, 4944 Emmalani for $849K, 4914 Emmalani for $1.150M and 4421 Emmalani for $1.345M. You’ll also see these homes under the withdrawn section of this update.

4173 Kalani Place is priced at $999K just as it was when listed previously from 12/13 to 12/10/14. It sold for $800K in 10/10.

4100 Nalani returns to the market priced at $1.395M since selling for $1.1M this past August.

4231 Kekuanaoa just sold at auction for $1.617M on 12/10 and returned to the MLS listed for $2.495M.

Contingent:

4140 Lei O Papa is now in escrow priced at $795K, after selling for $500K in 5/13. It has been extensively remodeled.

Sales:

3886 Punahele sold for the list price of $875K after being on the market for only 10 days. The seller purchased this home for $925M in 11/06.

Withdrawn:

As noted under new listings, 4120 Nalani, 4944 Emmalani, 4914 and 4421 Emmalani were listed then withdrawn and relisted under a new brokerage when the agent changed brokerage affiliation

With so many visitors on Kauai this time of year, I want to remind everyone to use extreme caution in the water. On Dec 14th, a visitor was was rescued from waters near Queen’s Bath on Kauai’s North Shore and escaped without any life threatening injuries. This past Friday, a swimmer in distress was rescued by a Coast Guard helicopter after being swept out to sea near Hanakapiai Beach.

On Dec 9th another less fortunate swimmer, a visitor, drowned at Anini Beach on the North Shore. The victim was walking in shallow water near the channel about 3 p.m. when he was swept out by a rip current.

I say these things not to alarm you but to ask you to be aware of your surroundings and Please – have a very Merry and SAFE holiday season. After you’ve decided you simply can’t leave without having your own piece of paradise, email or text me to make your dream come true.

With much Aloha, Elaine

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MELE KALIKIMAKA

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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.trulia.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 the week of Dec 7th to Dec 13th

Aloha,

The number to beat this month for real estate sales in Kauai is 85 and we are now up to 23 sales, an increase of 11 from last week. As you’ll see below from the Princeville Kauai update, there was quite a bit of condo activity with four units going into escrow and one sales. Homes were a bit slower but still managed to post one sale and one new listing. Take a look for yourself:

NEW LISTINGS

279246 CND A 5 4-5-3-6-22-42 FS $1,550,000 Kaiulani #42 2,443 #42 3/3.01
279495 CND A 342 4-5-4-5-16-17 FS $649,000 Alii Kai #3101 1,086 #3101 2/2.00

CONTINGENT SALES

279304 CND C 13 4-5-4-15-21-34 FS $309,900 Sandpiper #134 1,042 #134 2/2.00
277794 CND C 608 4-5-4-5-18-31 FS $330,000 Puamana #8D 1,298 #8D 2/2.00
277247 CND C 51 4-5-4-5-18-37 FS $399,990 Puamana #10C 1,298 #10C 2/2.00
277627 CND C 69 4-5-4-6-1-44 FS $735,000 Villas Of Kamalii #44 1,825 #44 3/3.00

SALES

274784 CND S 91 4-5-4-5-16-10 FS $419,000 Alii Kai #2102 1,086 #2102 2/2.00
SOLD 12/5/2014 for $385,000 (CASH, CNV) DOM 91

TEMPORARILY WITHDRAWN

275139 CND T 154 4-5-3-6-22-74 FS $779,000 Kaiulani #74 1,892 #74 2/2.01
275199 CND T 158 4-5-4-5-23-40 FS $575,000 Plantation #1022 1,318 #1022 3/3.00

PRICE CHANGES

275487 CND A 142 4-5-3-6-22-72 FS $859,900- Kaiulani #72 1,892 #72 2/2.01
277133 CND A 89 4-5-3-6-22-75 FS $875,000- Kaiulani #75 1,892 #75 2/2.01
268158 CND A 401 4-5-4-5-18-4 FS $399,999- Puamana #1D 1,298 #1D 2/2.00
274793 CND A 145 4-5-4-12-9-1 FS $539,000- Pali Ke Kua #5 993 #5 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:

Ka’iulani 42, which last sold for $1,699,270, is now on the market priced at $1.550M. Ali’i Kai 3101 returns to the market priced at $649K. This ocean view ground floor unit was previously listed from 12/13 priced at $725K to 12/14, during which time it had reduced to $649K. It last sold for $325K in 10/01.

Contingent:

Sandpiper 134 wasted no time going into escrow, taking only 12 days to find a buyer while priced for $309,900 after selling for $485K in 7/05. Puamana is flying off the shelves this week. Unit 8D, priced at $330K, found a buyer as did unit 10C priced at $399,990. 8D was purchased for $80K in 8/87 as a leasehold, converting to fee simple in 10/11 for $35,700. 10C last sold for $163K in 10/00.

Villas of Kamali’i 44 is now in escrow with a list price of $735K. This unit sold for $600K in 7/09 as a bank owned property.

Sales:

Ali’i Kai 2101 closed for $385K while listed for $419K. The seller purchased this condo for $599K in 8/05.

Temporarily Withdrawn:

Ka’iulani 74 was priced at $799K when it was withdrawn this week. This townhome sold for $898,250 in 4/07. Plantation 1022, which just sold in 6/14 for $589K, was temporarily withdrawn after 158 market days priced at $575K.

Price Changes:

Ka’iulani 72 reduced to $859,900 from $879,900. The unit was purchased for $857,270 in 4/07. Ka’iulani 75 also reduced from $895K to $875K. The prior sale was for $899,440 in 4/07.

Puamana 1D is newly priced at $399,999, down from $415K. This seller bought this unit for $345K in 8/03. Pali Ke Kua 5 reduced by $10K, going from $549K to $539K. This unit was purchased for $500K in 10/04.

Now on to your Princeville Kauai single family home update for the past week:

NEW LISTINGS

279464 RES A 5 4-5-4-17-35 FS $749,900 4870 Victoria Lp 10,008 sqft 1,637 3/2.01
279512 RES T 1 4-5-4-13-30 FS $3,500,000 3559 Kaweonui Rd 11,372 sqft 1,946 4/2.01

SALES

277349 RES S 36 4-5-4-9-35 FS $1,617,000 4231 Kekuanaoa Ln 13,014 sqft 3,177 3/3.00
SOLD 12/10/2014 for $1,617,000 (CASH) DOM 36

EXPIRED

269086 RES X 359 4-5-4-18-20 FS $999,000 4173 Kalani Pl 10,630 sqft 3,464 3/3.01

TEMPORARILY WITHDRAWN

279512 RES T 1 4-5-4-13-30 FS $3,500,000 3559 Kaweonui Rd 11,372 sqft 1,946 4/2.01

PRICE CHANGES

275643 RES A 138 4-5-4-24-14 FS $729,000- 4260 Waileia Pl 9,529 sqft 1,632 3/2.00
275393 RES A 151 4-5-4-8-46 FS $1,395,000- 5055 Kapiolani Lp 12,526 sqft 3,072 5/3.00

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:

4870 Victoria Loop is new to the market priced at $749,900 after selling for $835K in 7/07. Ocean view 3559 Kaweonui returned to the market with a new kitchen and other upgrades priced at $3.5M after selling for $1.910M in 10/13. It was only on the market for a day and was then temporarily withdrawn where you will also see it listed

Sales:

The auction for the home at 4231 Kekuanaoa closed at $1.617M. The prior sale was for $658K in 2/90.

Expired:

4173 Kalani Place, with a list price of $99K and a prior purchase priced of $800K in 10/10, expired after a year on the market

Temporarily Withdrawn:

As noted earlier, 3559 Kaweonui was only on the market for a day before being withdrawn.

Price Changes:

4260 Waileia Place reduced from $749K to $729K. This home sold previously for $665K in 3/07. 5055 Kapiolani Loop reduced from $1.495M to $1.395M. The original purchase was in 9/88 for $295K. The home was built in 72.

Fannie Mae and Freddie Mac recently announced new 3% down loans which has excited many potential buyers. Before you rush to the market, please consult with a lender to see if you qualify. These programs are not for investor clients but rather for the purchase of a primary residence for first time home buyers or those who have not owned a primary residence for 3 years. (or those looking to refinance.)

Borrowers must still meet standard eligibility requirements, including underwriting, income documentation, etc. Also, the property in question may have to qualify so it is helpful if you know what your intended purchase is when you speak to a lender. Any good lender can give you the program eligibility requirements to see if you qualify. Remember to ask the lender about the property of interest to see if there are any guidelines. If you need the names of some good lenders, I can help you with that.

If you have questions about Princeville Kauai real estate or any real estate on Kauai, please do not hesitate to text or email. That’s why I’m here, so you get the facts before buying or selling.

Aloha Elaine

We took a quick trip to Honolulu to see the Christmas lights then went over to the Hilton Hawaiian Village where they have fireworks every Friday at 7:45PM. Always a great place to enjoy.

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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.trulia.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 the week of Nov 30th to Dec 6th

Aloha,

We finished the month of Nov with 56 sales on Kauai down from 79 sales in Nov 13. The target number for Dec is 85, and we already have 12 sales on the books. Here’s your activity for this past week:

NEW LISTINGS

279304 CND A 5 4-5-4-15-21-34 FS $309,900 Sandpiper #134 1,042 #134 2/2.00

CONTINGENT SALES

276000 CND C 102 4-5-4-15-21-23 FS $349,000 Sandpiper #123 1,042 #123 2/2.00

EXPIRED

265174 CND X 336 4-5-4-5-16-17 FS $649,000 Alii Kai #3101 1,086 #3101 2/2.00

PRICE CHANGES

277321 CND A 74 4-5-4-5-18-78 FS $439,800- Puamana #21D 1,298 #21D 2/2.00
273350 CND A 211 4-5-4-5-39-137 FS $629,000- Cliffs #5307 1,137 #5307 2/2.00
271897 CND A 256 4-5-4-12-9-30 FS $719,000- Pali Ke Kua #242 1,135 #242 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:

Sandpiper 134 returns to the market as a short sale priced at $309,900. The last sale was for $485K in 7/05. Since then it has been listed from 1/07 to 7/07, starting at $575K and reducing to $550K, 11/07 to 11/08 for $535K, again from 7/09 to 2/11 starting at $275K and reducing to $209K during the life of the listing and finally from 9/12 to 6/13 for $265,800, also as a short sale.

Contingent:

After being withdrawn on 11/18, Sandpiper 123 returned to the market priced at $349K, and immediately found a buyer. The prior sale price was for $251K in 3/11.

Expired:

After 336 market days, Ali’i Kai 3101 has expired while priced at $649K. This condo sold previously for $325K in 10/01.

Price Changes:

Puamana 21D is now listed for $439,800, down from the previous price of $458K. The seller purchased this townhome in 12/09 for $300K. Cliffs 5307 is priced at $629K, down from $634K. This ocean view condo sold for $470K in 7/04. Pali Ke Kua 242, which was purchased for $555K in 6/04, reduced from $749K to $719K.

Now on to your Princeville Kauai single family home update:

NEW LISTINGS

279382 RES A 3 4-5-4-18-41 FS $1,250,000 4179 Kamalani Ln 10,690 sqft 4,351 5/4.00
279027 RES A 5 4-5-4-21-14 FS $1,250,000 4882 Akai Pl 12,484 sqft 2,466 4/3.00
279398 RES A 1 4-5-4-16-69 FS $1,325,000 4391 Emmalani Dr 10,750 sqft 2,854 3/2.01

BACK ON THE MARKET

269157 RES A 318 4-5-3-12-4 FS $1,836,000 4035 Aloalii Dr 9,415 sqft 3,232 3/3.00

CONTINGENT SALES

274184 RES C 185 4-5-4-13-80 FS $999,000 3670 Albert Rd 12,314 sqft 3,060 3/2.01
272166 RES C 250 4-5-4-16-14 FS $1,169,000 4047 Kaahumanu Pl 13,215 sqft 2,581 3/3.00

SALES

268933 RES S 304 4-5-4-10-10 FS $699,000 4115 Kekuanaoa Ln 9,969 sqft 1,228 3/2.00
SOLD 12/1/2014 for $630,000 (CASH, CNV) DOM 304

276525 RES S 60 4-5-4-9-34 FS $3,250,000 4225 Kekuanaoa Ln 15,125 sqft 3,276 3/3.00
SOLD 12/1/2014 for $3,000,000 (CASH) DOM 60

WITHDRAWN

268192 RES W 270 4-5-4-10-43 FS $1,199,000 5340 Honoiki Rd 10,181 sqft 2,257 4/3.00

PRICE CHANGES

269157 RES A 318 4-5-3-12-4 FS $1,836,000- 4035 Aloalii Dr 9,415 sqft 3,232 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:

The golf course home at 4179 Kamalani Lane returns to the market priced at $1.250M. Purchased in 6/90 for $348,500, this home was most recently listed from 5/13 to 5/14 for $1.295M. 4882 Akai Place is newly listed for $1.250M since selling for $875K in 10/08. Golf course home, 4391 Emmalani is new on the market priced at $1.325M. The last (and only) sale was for land in 6/88 for $95K. The home was built in 99.

Back on the Market:

4035 Aloalii expired while listed for $1.936M. The home sold previously for $1.8M in 7/10. It then came back on the market with a new lower price of $1.836M. You’ll also see this home under the price change portion of the update.

Contingent:

Short sale 3670 Albert went quickly back into escrow while priced at $999K. The prior sale was for $1.125M in 1/07. 4047 Kaahumanu Place found a buyer after 248 days while listed for $1.169K. This home sold for $1,295,500 in 12/05.

Sales:

4115 Kekuanaoa was listed at $699K and sold for $630K after 304 market days. The sellers purchased this home in 6/08 for $600,250.

There was no time wasted in the sale of 4225 Kekuanaoa which sold for $3M cash while listed for $3.250M. This Hanalei Bay/mountain view home with an infinity pool truly has it all. The prior sale was for $870K in 10/00 for the land.

Withdrawn:

After 270 days, the property at 5340 Honoiki priced at $1.199M has been withdrawn. This plantation style home was purchased for $500K in 5/01.

Price Changes:

As noted above, 4035 Aloalii made a substantial reduction from $1.936M to $1.836M.

If you get the chance to visit Waikiki, make it a point to stop by Kuhio Beach Park, where you will see the multi leid statue of Duke Kahanamoku.

I’ve always known of his involvement with surfing, but a visit to his website, www.dukekahanamoku.com provided a list of his Olympic involvement, his title of “Ambassador of Aloha” and the many awards and honors he received. Very impressive.

The following are just a few of his accomplishments listed on his website:

1890 August 24, born in Honolulu. First of nine children of Duke Halapu and Julia Paoa Kahanamoku.

1911 Broke 3 freestyle world records in Hawaii’s first ever AAU swim meet, and Duke’s first races, in Honolulu Harbor.

1912 Stockholm Olympics –swimming for the USA, he won Hawaii’s first Olympic gold medal for 100-meter freestyle, and a silver medal for the 4×200-meter freestyle relay.

1913-1929 Helped popularize swimming and surfing in California.

1925 Heroic surfboard rescue of 8 drowning fishermen at Corona del Mar, California.

1932 At Los Angeles Olympics won bronze medal as an alternate on the US water polo team, his last Olympics. His Olympic career spanned 20 years, a record at the time.

1934-1960 Elected Sheriff of City and County of Honolulu; re-elected 12 times.

1960 When Hawaii became a State, the Sheriff position was abolished. He was appointed Ambassador of Aloha.

1964 Official representative at Tokyo Olympics.

1965 First person inducted into both the International Swimming Hall of Fame and the International Surfing Hall of Fame.

1968 January 22, died in Honolulu; a traditional beachboy funeral returned him to the ocean.

1984 Inducted into the US Olympic Hall of Fame.

1990 Statue dedicated at Waikiki on Centennial of his birth.

1994 First name inscribed in the Huntington Beach Surfing Walk of Fame.

2001 Duke’s Oceanfest, an annual multi-day and multi-sport festival inaugurated at Waikiki to honor his legacy and honor his birth

What an amazing life!

Hawaii is all about surfing – and if you are looking for your personal surf shack for Christmas, time is running short. Email me or text me if you have questions before buying or selling.

Aloha Elaine

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Duke Kahanamoku

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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.trulia.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 the week of Nov 23rd to Nov 29th

Aloha,

I hope all of you here in Princeville, Kauai and beyond, had a very happy and peaceful Thanksgiving. If you’re still in recovery mode, that’s understandable, given the copious amount of good food to be had on that special Thursday. Can you honestly believe we’re less than a month away from Christmas?

Last week had a decent performance, especially given that it was a holiday week, with new escrows and sales in both condos and homes. Despite this, the number of sales are W-A-Y off those of last November by 32%, down to 54 from 79. There could be a few late postings coming in the beginning of next week but certainly not enough to come anywhere near to meeting last November’s number. Here is your weekly update:

NEW LISTINGS

279193 CND A 4 4-5-4-5-4-1 FS $399,000 auna Kai #1A 1,503 #1A 2/2.00
279146 CND C 6 4-5-4-12-8-3 FS $478,000 Pali Ke Kua #3 993 #3 1/1.01

CONTINGENT SALES

279146 CND C 6 4-5-4-12-8-3 FS $478,000 Pali Ke Kua #3 993 #3 1/1.01
259592 CND C 716 4-5-4-5-23-27 FS $629,000 Plantation #721 1,318 #721 3/3.00

SALES

267702 CND S 286 4-5-4-5-30-13 FS $450,000 Mauna Kai #F23 1,478 #F23 3/2.00
SOLD 11/23/2014 for $400,000 (CNV) DOM 286

275767 CND S 94 4-5-4-5-23-63 FS $559,000 Plantation #1621 1,318 #1621 3/3.00
SOLD 11/28/2014 for $536,000 (CASH) DOM 94

PRICE CHANGES

276721 CND A 88 4-5-4-5-4-8 FS $399,990- Mauna Kai #8A 1,503 #8A 2/2.00
218823 CND A 2165 4-5-4-12-5-8 LH $450,000- Pali Ke Kua #108A 717 #108 1/1.00

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:

Mauna Kai 1A is new on the market with a price of $399K after selling for $539K in 3/05. It was listed once before, from 1/06 to 12/06, starting at $675K and reducing to $650K when it expired. Pali Ke Kua 3 came on the market showing as in escrow with a list price of $478K and a prior purchase price of $300K in 10/12. You will also see it under the contingent part of the update.

Contingent:

As noted above, Pali Ke Kua 3 came on the market showing as in escrow. After 715 market days, Plantation 721, priced at $629K, went into escrow! The seller purchased this condo for $435K in 9/05.

Sales:

Mauna Kai F23 sold for $400K while listed for $450K. The seller purchased this unit on 12/06 for $570K. Plantation 1621 was listed for $559K and sold for $536K cash. The prior sale was for $499K in 5/06.

Price Changes:

Mauna Kai 8A reduced to $399,990 from $449K. This condo was purchased for $525K in 9/04. Pali Ke Kua 108 is now $450K down from $532,500. This leasehold ocean view unit sold for $469K in 3/02.

Now on to your Princeville Kauai single family home update:

CONTINGENT SALES

268499 RES C 376 4-5-4-10-17 FS $870,000 5275 Honoiki Rd 10,264 sqft 1,874 3/2.01

SALES

274612 RES S 25 4-5-4-15-9 FS $599,000 3821 Haulani Pl 11,253 sqft 1,493 2/2.00
SOLD 11/26/2014 for $600,000 (CNV) DOM 25

268963 RES S 287 4-5-4-14-25 FS $1,195,000 3933 Kamehameha Rd 20,414 sqft 2,720 4/3.00
SOLD 11/24/2014 for $1,050,000 (CNV) DOM 287

278196 RES S 0 4-5-4-10-29 FS $1,525,000 5238 Honoiki Rd 10,182 sqft 3,454 4/4.00
SOLD 11/24/2014 for $1,460,000 (CNV) DOM 0

PRICE CHANGES

270286 RES A 303 4-5-4-14-28 FS $969,000- 3907 Kamehameha Rd 17,070 sqft 2,863 3/2.00
276659 RES A 85 4-5-4-17-14 FS $1,395,000- 4825 Emmalani Dr 12,290 sqft 2,942 4/3.01

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

Contingent:

5275 Honoiki is back in escrow priced at $870K. The previous sale was for $385K in 7/98 as land.

Sales:

Short sale 3821 Haulani Place sold for slightly over asking at $600K while listed for $599K. This short sale was purchased for $800K in 5/06. 3933 Kamehameha was priced at $1.195M and sold for $1.050M. The prior sale was for $1.195M in 10/05. 5238 Honoiki changed hands quickly. It was purchased for $1.350M in 11/13 and closed this week for $1.460M while listed for $1.525M.

Price Changes:

4825 Emmalani is now $1.395M down from $1.420M. This last sale was for land in 5/03 for $318K. 3907 Kamehameha, which sold previously for $380K in 10/98, reduced from $995K to $969K.

With the recent announcement of the 10 year plan for the “Exclusive Princeville Resort,” I couldn’t help but notice the new palms going in along Kuhio Highway just prior to the Princeville entrance; palms that will eventually effectively block views from the road across the field to the ocean.

Although I understand homes will ultimately be built here, homes that will undoubtedly want privacy, it is disheartening to see that the privacy starts at the road.

This same sort of thing happened on Kapaka Road, where there used to be (and still is – in some spots) awesome views across fields, out over Hanalei Valley all the way to Bali Hai. It always added so much to a drive or a walk to savor these views. Now, unless you are on horseback – what you see along some portions of the road, is a very nicely built lava rock wall.

Now – I understand people are free to do what they want with their property – so you don’t need to text me or comment on that aspect of it – but I’m just sayin’ – it would be so much nicer if property owners could achieve a level of privacy in such a way so that views can still be enjoyed by everyone. Just my two cents worth on this cool, windy day.

Planning to stuff someone’s Christmas stocking with a house or condo this Christmas? You know who to call to get the job done – fast! You’re running out of time so whether you’re naughty or nice, call me for the facts before buying or selling.

Aloha Elaine

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This beautiful lava rock wall unfortunately blocks the Hanalei Valley / Bali Hai views.

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New palms going in along Kuhio Highway just outside of the Princeville entrance.

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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.trulia.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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Elaine

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

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808.639.2935
Fax:
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Email:
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RE/MAX Kauai
Princeville Resort Office
5-4280 Kuhio Hwy. Suite 203
Princeville HI 96722

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