Princeville Kauai condo / house update for the week of Nov 16th to Nov 22nd

Aloha,

It was a fairly slow week here in Princeville Kauai, especially for houses. Condos fared slightly better with two going into escrow. Here is what happened this past week:

NEW LISTINGS

279062 CND A 3 4-5-4-5-17-12 FS $389,900 Alii Kai #9D 1,020 #9D 2/2.00

CONTINGENT SALES

278492 CND C 19 4-5-3-6-22-49 FS $1,150,000 Kaiulani #49 2,479 #49 3/3.00
278612 CND C 17 4-5-4-5-18-5 FS $385,000 Puamana #2A 1,312 #2A 2/2.00

WITHDRAWN

266446 CND W 440 4-5-3-6-22-4 FS $1,479,000 Kaiulani #4 2,843 #4 3/3.01
275173 CND W 133 4-5-3-6-22-7 FS $1,549,000 Kaiulani #7 2,864 #7 3/3.01
266442 CND W 440 4-5-3-6-22-11 FS $1,549,000 Kaiulani #11 2,864 #11 3/3.01
276000 CND W 99 4-5-4-15-21-23 FS $349,000 Sandpiper #123 1,042 #123 2/2.00

PRICE CHANGES

275792 CND A 117 4-5-4-5-16-7 FS $460,000- Alii Kai #1203 1,085 #1203 2/2.00
277061 CND A 64 4-5-4-5-16-13 FS $499,900- Alii Kai #2201 1,086 #2201 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:

Ali’i Kai 9D, listed at $389,900, was purchased for $107K in 10/98. It was previously listed from 9/12 to 2/13 for $319K.

Contingent:

Ka’iulani 49 went into escrow while priced at $1.150M. This townhome last sold for $1.050M in 9/13.

Puamana 2A wasted no time finding a buyer while priced at $385K. It only took 11 days. The prior sale was for $450K in 1/05.

Withdrawn:

Three developer Ka’iulani units were withdrawn: unit 4 listed for $1.479M and units 7 and 11, both which were priced at $1.549M. Sandpiper 123, currently priced at $349K, with a previous sale price of $251K in 3/11, was withdrawn from the market after 99 days on the MLS.

Price Changes:

Ali’i Kai 1203 reduced from $470K to $460K. It was purchased for $136K in 10/80. Ali’i Kai 2201 is now $499,900, down from $520K. The prior sale was for $420K in 5/09.

Now on to your Princeville Kauai single family residence update, which was sparse, to say the least:

NEW LISTINGS

279082 RES A 2 4-5-4-19-10 FS $1,490,000 5136 Napookala Cir 15,023 sqft 2,440 3/3.00

BACK ON THE MARKET

274184 RES A 171 4-5-4-13-80 FS $999,000 3670 Albert Rd 12,314 sqft 3,060 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:

5136 Napookala, a home under construction, returns to the market priced at $1.490M. The land was purchased for $430K in 4/14. This property was listed from 7/14 to 10/14 for $1.599M.

Back on the Market:

3670 Albert, priced at $999K, didn’t stay in escrow, falling out this week after going into contract on 11/12. This short sale last sold for $1.125M in 1/07.

I get over to Oahu now and again but don’t always make the trek to Waikiki. This week I decided to head that way and realized I’d forgotten how much fun it is to people watch here. You see everything here – from suits to swimsuits – visitors, locals, employees, hawkers, the homeless and less fortunate, young and old, plain and fancy, no matter what you want to see, you’re bound to see it in Waikiki.

It was a beautiful day – a stark contrast to the cold spell setting records across the mainland. No matter how you slice it, we’re lucky we live Hawaii!

Aloha Elaine

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Beautiful day in downtown Waikiki

IMG_438380555
Have YOU had a Cheeseburger in Paradise?

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This huge banyan tree is at the Kuhio Beach Park in Waikiki

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Another shot of the tree

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 9th to Nov 15th

Aloha,

The big news this week is that Chinese-Thai billionaire Chanchai Ruayrungruang, the new owner of 1,103 acres of the Princeville, Kauai, resort, which includes the Prince Golf course, in conjunction with Resort Group owner, Jeff Stone, unveiled their 10 year plan to develop a private 350 residential unit community on 8,000 acres with the Prince Golf course as the centerpiece.

Approximately $500M will be pumped into this development which will feature, among other things, polo and beach clubs, a lodge, nature trails, restaurants, airport, etc. Membership will not be cheap – estimated to be around $300K for the initial fee, followed by $30K a year, assuming of course, you’ve purchased one of their condos estimated to start at $2.5M on up to $10M for a ranch. Both the golf course and the restaurant are closing at year’s end to start the renovation.

As you may recall, last week I mentioned hearing through the coconut wireless that the Tavern Restaurant and Prince Course were closing the end of the year. Now we have the facts. On to your weekly update:

NEW LISTINGS

277253 CND A 5 4-5-4-5-3-5 FS $319,000 Paniolo #105 1,058 #105 1/2.00
278794 CND A 3 4-5-4-5-24-82 FS $659,000 Nihilani #28A 1,412 #28A 2/2.00

CONTINGENT SALES

274086 CND C 165 4-5-3-6-22-8 FS $1,475,000 Kaiulani #8 2,864 #8 3/3.01
275953 CND C 100 4-5-4-12-2-17 FS $439,750 Hale Moi #117 1,033 #117 1/2.00

SALES

267862 CND S 301 4-5-4-12-5-16 FS $719,000 Pali Ke Kua #116A 717 #116A 1/1.00
SOLD 11/14/2014 for $695,000 (CASH, CNV) DOM 301

EXPIRED

249079 CND X 764 4-5-4-12-11-1 FS $1,100,000 Puu Poa #101 1,359 #101 2/2.00

PRICE CHANGES

278492 CND A 12 4-5-3-6-22-49 FS $1,150,000- Kaiulani #49 2,479 #49 3/3.00
277321 CND A 53 4-5-4-5-18-78 FS $458,000- Puamana #21D 1,298 #21D 2/2.00
275792 CND A 110 4-5-4-5-16-7 FS $470,000- Alii Kai #1203 1,085 #1203 2/2.00
272183 CND A 231 4-5-4-5-39-161 FS $758,000- Cliffs #7203 1,864 #7203 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:

Paniolo 105 is newly listed for $319K since last selling for $415K in 7/05. Nihilani 28A, a ground floor 2 bed / 2 bath unit is priced at $659K. This single level unit sold for $599K in 4/08.

Contingent:

Kaiulani 8 was priced at $1.475M when it found a buyer after 165 market days. This townhome sold recently, in 5/13, for $1.225M. Hale Moi 117, priced at $439,750 is now in escrow after 98 market days. This unit sold for $109K in 6/99.

Sales:

Pali Ke kua 116 sold for $695K cash while listed for $719K. The seller purchased this unit for $415K in 3/01.

Expired:

After 764 days Pu’u Po’a 101 expired priced at $1.1M. This ground floor ocean view condo was purchased for $1.350M in 8/07.

Price Changes:

Ali’i Kai 1203 was purchased for $136K in 10/80 and reduced to $470K from $485K. Also reducing is Cliffs 7203, a four bedroom unit that went from $798K to $758K. This unit sold for $440Kin 5/03.

Ka’iulani 49 sold from the developer for $1.050M in 9/03 and reduced this week from $1.249M to $1.150M. Puamana 21D reduced from $468,800 to $458K. The prior sale was for $300K in 12/09. Ali’I Kai 1203 went from $485K to $470K and last sold in 10/80 for $136K. Cliffs 7203, a four bedroom unit, was priced at $798K and dropped to $758K. This ocean view condo was purchased for $440K in 5/03.

Now on to your Princeville Kauai single family home update.

NEW LISTINGS

278671 RES A 5 4-5-4-16-87 FS $849,000 4120 Nalani Ln 11,740 sqft 1,725 3/2.00

BACK ON THE MARKET

276862 RES A 40 4-5-4-17-21 FS $1,150,000 4914 Emmalani Dr 10,500 sqft 3,238 4/3.01

CONTINGENT SALES

274208 RES C 137 4-5-3-12-9 FS $1,395,000 4001 Aloalii Drive at QEB 8,081 sqft 3,461 2/3.00
274184 RES C 164 4-5-4-13-80 FS $999,000 3670 Albert Rd 12,314 sqft 3,060 3/2.01

PRICE CHANGES

277784 RES A 33 4-5-4-16-19 FS $950,000- 4064 Kaahumanu Pl 12,058 sqft 2,274 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:

4120 Nalani returns to the market at a lower price of $869K, down from the $899K it was listed for from 1/14 to 10/14. This home was purchased for $700K in 1/14.

Back on the Market:

Unfortunately, 4914 Emmalani fell out of escrow and is back on the market with the same price of $1.150M. This two story home was purchased for $980Kin 12/09.

Contingent:

After 136 market days, 4001 Aloalii went into escrow while priced at $1.395M. The sale price previous to this was $1.450M in 7/08.

3670 Albert found a buyer while listed as a short sale priced at $999K. The previous sale was for $1.125M in 1/07.

Price Changes:

4064 Kaahumana reduced from $1.150M to $950K. The prior sale was for $479,900 as a short sale.

The target number this week is 79, and so far we have 20 sales. We didn’t quite make it last month, coming in with 78 sales compared to 80 the prior Oct. Only time will tell if Nov 14 meets or exceeds our expectations.

Any questions? You know who to ask. I’m here to make sure you get the facts before buying or selling. See you next week!

Aloha Elaine

trail
If you plan to hike to Hanakapia, wear sturdy hiking shoes as you’ll be traveling over rocks like this at the start and elsewhere.

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 2nd to Nov 8th

Aloha,

There are always things happening on Kauai’s North Shore, the latest being the creation of the North Shore Shuttle Service. The goal of the shuttle program is to reduce traffic on the North Shore and enhance visitor experience. The first roll out provided service from Princeville to Hanalei, with a followup to provide service to Haena. The service operates from 9AM – 9PM and is offered initially at $2 for visitors and $1 for locals. Information on the shuttle can be found on the Kauai.gov website

For details on the creation and implementation of this program, check the Kauai North Shore Community Foundation Nov 7th posting on Facebook. Now on to your Real Estate update:

NEW LISTINGS

278394 CND A 5 4-5-3-11-1-13 FS $739,000 Villas On The Prince #13 1,732 #13 3/3.00
278492 CND A 5 4-5-3-6-22-49 FS $1,249,000 Kaiulani #49 2,479 #49 3/3.00
278612 CND A 3 4-5-4-5-18-5 FS $385,000 Puamana #2A 1,312 #2A 2/2.00

BACK ON THE MARKET

268158 CND A 365 4-5-4-5-18-4 FS $415,000 Puamana #1D 1,298 #1D 2/2.00

CONTINGENT SALES

278421 CND C 8 4-5-4-5-27-2 FS $255,000 Hale Honu #1B 1,085 #1B 3/1.01
278369 CND C 10 4-5-4-12-11-49 FS $1,295,000 Puu Poa #407 1,784 #407 2/2.00

SALES

272433 CND S 0 4-5-4-5-15-4 FS $475,000 Paliuli #4 1,337 #4 2/2.00
SOLD 11/5/2014 for $420,000 (1031, CASH) DOM 0

PRICE CHANGES

268158 CND A 365 4-5-4-5-18-4 FS $415,000- Puamana #1D 1,298 #1D 2/2.00
274600 CND A 79 4-5-4-5-7-21 FS $495,000- Sealodge #C1 746 #C1 2/2.00
275570 CND A 109 4-5-4-12-3-13 FS $690,000- Hanalei Bay Villas #13 1,244 #13 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:

Villas on the Prince 13 is priced at $739K and was purchased for $525K in 4/02. This townhome was previously listed for $739K from 11/13 to 4/14. Ka’iulani 49 sold for $1.050M in 9/13 and came on the market this week priced at $1.249M.

End unit single level Puamana 2A is listed for $385K after selling for $450K in 1/05. This condo was previously listed from 3/08 to 10/08 starting at $535K and reducing to $515K.

Back on the Market:

Puamana 1D expired 11/5 and returned quickly to the market with a lower price of $415K down from $425K. The prior sale was for $345K in 8/03.

Contingent:

As expected, Hale Honu 1B flew into escrow in a record 3 days while listed for the very low price of $255K. This one owner unit was purchased for $60K in 5/84. Top floor Pu’u Po’a 407 went into escrow in record time, only 9 days, priced at $1.295M. The last sale was for $285K in 12/95.

Sales:

Free standing Paliuli 4 sold for $420K cash while listed for $475K. This one owner unit was purchased in 7/77 for $110K.

Price Changes:

As noted above, Puamana 1D went from $425K to $415K. Sealodge C1 was price at $529K, reducing to $495K this week. The sellers bought this condo in 7/99 for $195K. Hanalei Bay Villas 13 made a nice reduction from $750K to $690K. The townhome sold for $235K in 5/99.

Now on to your Princeville Kauai single family residence update:

NEW LISTINGS

276922 RES A 2 4-5-4-19-21 FS $975,000 5081 Napookala Cir 15,240 sqft 2,491 3/2.00

CONTINGENT SALES

276862 RES C 33 4-5-4-17-21 FS $1,150,000 4914 Emmalani Dr 10,500 sqft 3,238 4/3.01
276525 RES C 65 4-5-4-9-34 FS $3,250,000 4225 Kekuanaoa Ln 15,125 sqft 3,276 3/3.00

UNDER CONTRACT

277349 RES U 36 4-5-4-9-35 FS $1,617,000 4231 Kekuanaoa Ln 13,014 sqft 3,177 3/3.00

PRICE CHANGES

273100 RES A 177 4-5-4-16-76 FS $748,000- 4123 Kekaulike Ln 10,650 sqft 1,646 3/2.00
274184 RES A 157 4-5-4-13-80 FS $999,000- 3670 Albert Rd 12,314 sqft 3,060 3/2.01
277349 RES U 36 4-5-4-9-35 FS $1,617,000+ 4231 Kekuanaoa Ln 13,014 sqft 3,177 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:

After selling just months ago in 6/14 for $825K, 5081 Napookala is back on the market with a new higher price of $975K. It says there is new paint, new carpet and new bamboo flooring, all for a price increase of just $150K.

Contingent:

Two story 4914 Emmalani moved into escrow in 30 days with a list price of $1.150M. The prior sale was for $980K in 12/09.

4225 Kekuanao’a took only 60 days to find a buyer priced at $3.250M. The prior sale of this Hanalei Bay View home was for $870K in 10/11.

Under Contract:

4231 Kenkuanao’a was listed at $1M with the sale to occur via Auction. It is now under contract with an increased price of $1.617M. The home sold for $658K in 7/93.

Price changes:

4123 Kelualike is now priced at $748K, down from $798K. The home last sold for $260K in 1/98. 3670 Albert, which last sold for $1.125M in 1/07, reduced from $1.025M to $999K. As noted above, 4231 Kekuanao’a increased in price from $1M to $1.617M as it went under contract.

The final bit of news for this week comes to me via the coconut wireless. I heard from several different sources that the Tavern Restaurant and Prince Course are closing at the end of the year. This is unfortunate as I personally like the Tavern as do many of my friends. The word is that the golf course will be closed for 2 years for renovations and will re-open as a private course. A golfer friend mentioned that membership would be similar to a timeshare, that is, once you buy in you can play golf at numerous courses that are also members of the “club.”

I don’t normally mention things unless I know they are factual, but in this case, those providing the info were in a position to be “in the know.” Keep in mind, this is via the coconut wireless, but I’d be very surprised if we don’t see some announcement about this in the near future.

Have a wonderful week and remember, if you need facts (not coconut wireless info) on real estate, please do not hesitate to text or email. That’s why I’m here, so you get the correct information before buying or selling.

Aloha Elaine

Hanakapiai Stream
Beautiful Hanakapiai Stream

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………

Kauai October 2014 Market Statistics

Aloha,

October 14 fell just shy of matching the number of Oct 13 sales, coming in with 78 sales compared to 80 for last Oct. The biggest change was in land, which fell from 15 sales last Oct to 10 for this Oct just past. There were 32 home sales in Oct 13 compared to 37 this Oct and 33 condo sales last Oct with 30 this Oct. Even though we fell a little short of surpassing last Oct, it is still the second best accounting in the last 6 years, with the low Oct being 09 with 50 sales.

Year to date the number of sales are up by 3.3%, going from 835 year to date last Oct to 863 year to date for Oct 14. The low year to date was – as expected – in Oct 09 which only had a mere 393 sales at that point in time.

While the number of sales are down a bit, sales volume is up by 22.5% with $54M in sales this past Oct compared to $44M this time last year. Looking back over the last 6 years, it’s clear we’ve come a L-O-N-G way from the likes of Oct 09 which only managed $29M ins sales, followed closely by Oct 10 which had slightly over $350K more. In Oct 11 there were $30M in sales followed by $36M in sales volume for Oct 12.

Median sales is down for residential, going from $580K in Oct 13 to $475K for Oct 14. Median for land is down by 7%, going from $286K to $265K. The condo median fell the most. Oct 14 posted a median of $238K off by a full 25% from the $320K condo median posted for Oct 13. Year to date median tells a different story for land and condos which are both up while residential median is down.

To see the fulls MLS statistical report, click here to visit my website where I post it every month. Remember, these are median and not average prices.

Questions, you know who to ask. Get the facts, all the facts, before buying or selling. That’s why I’m here, to make sure YOU are informed. I’m just a text or email away.

Aloha Elaine

IMG_436848148

IMG_436848141

Couldn’t pass these unique “flecked” hibiscus without taking a picture. Found, in all places, in the Safeway parking lot!

AElaine 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 Oct 26th to Nov 1st

Aloha from Princeville Kauai,

Hope everyone had a fun Halloween. Can you believe Thanksgiving is just a couple of weeks away? This past week was a mixed bag, with a some new listings, new escrows and one sale in the condo department. There was even a new escrow and sale in single family homes. October only posted 75 sales (so far) compared to 80 last October. It is possible there might be a few more last minute postings. For November, the number to beat is 79. Here is your update for this past week:

NEW LISTINGS

278421 CND A 1 4-5-4-5-27-2 FS $255,000 Hale Honu #1B 1,085 #1B 3/1.01
278341 CND A 4 4-5-4-5-23-38 FS $525,000 Plantation A#1012 1,153 #1012 2/2.00
278369 CND A 3 4-5-4-12-11-49 FS $1,295,000 Puu Poa #407 1,784 #407 2/2.00

BACK ON THE MARKET

275836 CND A 94 4-5-4-5-23-6 FS $499,000 Plantation #212 1,153 #212 2/2.00

CONTINGENT SALES

277025 CND C 47 4-5-4-5-23-9 FS $99,000 Plantation #311 1,153 #311 2/2.00
276647 CND C 60 4-5-4-15-21-61 FS $395,000 Sandpiper #224 1,173 #224 2/2.01
275767 CND C 95 4-5-4-5-23-63 FS $559,000 Plantation #1621 1,318 #1621 3/3.00

SALES

275184 CND S 11 4-5-4-5-4-9 FS $439,000 Mauna Kai #9A 1,503 #9A 2/2.00
SOLD 10/30/2014 for $445,000 (CNV) DOM 11

WITHDRAWN

274181 CND W 148 4-5-4-5-17-44 FS $425,000 Alii Kai #13D 1,020 #13D 2/2.00

PRICE CHANGES

275155 CND A 115 4-5-4-5-7-34 FS $459,000+ Sealodge #D5 570 #D5 1/1.00
275792 CND A 96 4-5-4-5-16-7 FS $485,000- Alii Kai #1203 1,085 #1203 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 Honu 1B is very attractively priced at $255K. It needs paint and some TLC but will not last long. This one owner unit was purchased for $60K in 5/84. Plantation 1012 is new on the market priced at $525K. This unit sold recently in 10/12 for $420K. Pu’u Po’a 407 is now for sale for $1.295M after selling for $285K in 12/95. It was previously listed from 10/12 to 9/14 for $1,295,800.

Back on the Market:

Plantation 212 went into escrow on 10/11 but is now back on the market priced at $499K. The prior sale was for $560K in 3/07.

Contingent:

Plantation 311 found a buyer in only 94 days while listed for $99K. This price is for a 16.6% ownership share in the LLC that holds title to this property. Sandpiper 224 is now in escrow with a list price of $395K, after selling for $125K in 8/00. Plantation 1621 last sold for $499K in 5/06 and just went into escrow priced at $559K

Sales:

Mauna Kai 9A sold for over asking at $445K while listed for $439K. This remodeled condo was purchased for $315K in 10/10.

Withdrawn:

Ali’i Kai 13D was withdrawn after 148 days priced at $425K. This unit sold in 6/99 for $121K.

Price Changes:

Sealodge D5 increased from $445K to $459K. It sold for $435K in 7/13. Ali’i Kai 1203 is now priced at $485K, down from $495K. This upstairs unit was purchased as a leasehold unit in 10/80 for $136K, converting to fee simple in 2/03 for $90K.

Now on to your Princeville Kauai single family home update:

NEW LISTINGS

277975 RES A 5 4-5-3-12-12 FS $1,295,000 3985 Aloalii Dr 8,554 sqft 3,340 2/3.00
278317 RES A 1 4-5-4-16-85 FS $859,990 4108 Nalani Ln 11,693 sqft 2,666 2/2.01

BACK ON THE MARKET

273367 RES A 176 4-5-4-10-22 FS $1,225,000 4078 Liholiho Rd 10,200 sqft 2,515 2/3.02

CONTINGENT SALES

276857 RES C 52 4-5-4-17-18 FS $849,000 4944 Emmalani Dr 10,500 sqft 2,100 3/2.01

SALES

275028 RES S 50 4-5-4-10-42 FS $975,000 5332 Honoiki Rd 10,068 sqft 2,907 3/2.00
SOLD 10/27/2014 for $935,000 (CASH) DOM 50

PRICE CHANGES

275643 RES A 95 4-5-4-24-14 FS $749,000- 4260 Waileia Pl 9,529 sqft 1,632 3/2.00
274184 RES A 150 4-5-4-13-80 FS $1,025,000- 3670 Albert Rd 12,314 sqft 3,060 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:

3985 Aloalii makes it’s first appearance on the MLS priced at $1.295M since selling for $975K in 5/07. 4109 Nalani return to the market priced at $859,990. Purchased as land for $450K in 10/07, this home, built in 08, was previously listed from 6/13 to 12/13 for $879K.

Back on the Market:

4078 Liholiho went into escrow on 10/17 and fell out this week. Listed for $1.225M, the last sale was for land in 5/97 for $85K. The home was built in 03.

Contingent:

4944 Emmalani was purchased for $315K in 8/99 and went into escrow this week priced at $849K.

Sales:

5332 Honoiki sold for $935K cash while listed for $975K after only 50 market days. The prior sale was for land in 4/73 for $25,100.

Price Changes:

4260 Waileia Place reduced from $769K to $749K. This home was purchased for $665K in 3/07. 3670 Albert sold for $1.125M in 1/07 and reduced from $1.075M to $1.025M this week.

The last few weeks I’ve been talking about Homeowner’s Association within Princeville and the various condo complexes. There is also a wonderful non-profit on the North Shore which you may find interesting: Kauai North Shore Community Foundation. Their website is knscf.org. According to their “About” Facebook page their mission is “To enhance culture, health and education in our community through charitable giving. Working together. Thriving together.”

They describe themselves as follows: “The Foundation connects donors with special projects to meet community needs. Our Board of Directors and Advisory Council are comprised of North Shore residents who are passionate about a thriving local community. The Foundation has defined the Kauai North Shore as including all the communities of Anahola, Moloa’a, Kilauea, Princeville, Hanalei, Wainiha, Haena, and all the places in between. This geographic definition allows for a broader and progressive understanding, to inspire these communities to work together and thrive together.”

If you like them on Facebook you’ll be able to keep up with many community events as they are posted. Check it out.

That’s it for this rainy day. If you have any questions or are curious about the market, please do not hesitate to email or text me. That’s why I’m here, so you get the facts.

Aloha Elaine

IMG_436335120
It was “pretty in pink” the other evening.

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 Oct 19th to Oct 25th

Aloha,

The weather continues to be unseasonably hot and muggy here in Princeville Kauai leaving the beach the only place to be. I’ve been here since 91 – hot and muggy days like we’ve had the last few weeks used to occur on an occasional basis, with the tradewinds always making an appearance to cool everyone off. Not so much this year!

Real estate has slowed a bit which is typical at the start of the school year and as we head into fall. Still, there are a couple of new listings and one sale for condos, as well as a home that went into escrow and one that sold. Take a look:

NEW LISTINGS

277247 CND A 1 4-5-4-5-18-37 FS $399,990 Puamana #10C 1,298 #10C 2/2.00
278118 CND A 5 4-5-4-5-12-3 FS $399,999 Sealodge Ii #F3 556 #F3 1/1.00

SALES

272508 CND S 131 4-5-4-12-8-27 FS $673,000 Pali Ke Kua #131/2 1,148 #131/​2 2/2.00
SOLD 10/24/2014 for $670,000 (CASH, CNV) DOM 131

271129 CND S 84 4-5-4-6-1-17 FS $770,000 Villas Of Kamalii #17 1,761 #17 3/3.00
SOLD 10/21/2014 for $735,000 (CASH) DOM 84

EXPIRED

267758 CND X 364 4-5-4-12-11-14 FS $1,199,000 Puu Poa #114 2,079 #114 2/2.00

PRICE CHANGES

276647 CND A 53 4-5-4-15-21-61 FS $395,000- Sandpiper #224 1,173 #224 2/2.01
265147 CND A 471 4-5-4-5-24-95 FS $560,000- Nihilani #32B 1,406 #32B 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:

Puamana 10C is new to the market priced at $399,990 since selling in 10/00 for $163K. Sealodge F3 returns to the market at $399,999. This ocean view unit was previously listed for 815 days, starting in 5/12 at $429K, reducing to $399,999 by the time it was withdrawn in 9/14. The unit sold for $125K in 5/99.

Sales:

Pali Ke Kua 131/132 sold for $670K cash while listed for $673K. The prior sale was for $450K in 11/02. Since selling for $605K in 7/03, Viilas of Kamali’i 17 found a new owner for $735K cash while listed for $770K.

Expired:

Pu’u Poa 114 expired after 364 market days. Purchased in 8/12 as a short sale for $870K, it started out listed for $1.125M and reduced to $1.199M over the life of the listing.

Price Changes:

Sandpiper 224 made a miniature price adjustment from $399,990 to $395K. The last sale was in 8/02 for $125K. Nihilani 32B reduced from $599K to $560K. This ground floor two bedroom unit sold for $679,295 from the developer in 1/06.

That’s it for Princeville Kauai condos for this week, now on to your Princeville Kauai single family home activity for the week just past:

NEW LISTINGS

278125 RES A 5 4-5-4-19-3 FS $1,195,000 5068 Napookala Cir 23,685 sqft 3,266 4/3.01
278196 RES C 3 4-5-4-10-29 FS $1,525,000 5238 Honoiki Rd 10,182 sqft 3,454 4/4.00

BACK ON THE MARKET

274096 RES A 148 4-5-3-11-32 FS $1,325,000 4066 Aloalii Dr 13,511 sqft 2,784 3/2.01

CONTINGENT SALES

278196 RES C 3 4-5-4-10-29 FS $1,525,000 5238 Honoiki Rd 10,182 sqft 3,454 4/4.00

SALES

275483 RES S 31 4-5-4-18-40 FS $1,095,000 4181 Kamalani Ln 9,309 sqft 2,115 3/2.01
SOLD 10/18/2014 for $1,065,000 (1031, CASH) DOM 31

PRICE CHANGES

274096 RES A 148 4-5-3-11-32 FS $1,325,000- 4066 Aloalii Dr 13,511 sqft 2,784 3/2.01
274184 RES A 143 4-5-4-13-80 FS $1,075,000- 3670 Albert Rd 12,314 sqft 3,060 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:

5068 Napookala was listed before from 1/14 to 9/14 for $1.295M. It is now on the market for $1.195M. The last sale was in 2/99 for land after which the home was built later that year.

5238 Honoiki sold last 11/13 for $1.350M. Perhaps someone missed the opportunity to purchase this home then, as it showed up as a new listing this week, in escrow for $1.525M. You’ll also see this home under “contingent.”

Back on the Market:

4066 Aloalii, reduced from $1.345M to $1.325M as it returned to the market after unfortunately falling out of escrow. The prior sale was for land in 8/03 for $325K. The home was built in 94.

Contingent:

As noted above, 5238 Honoiki is now in escrow priced at $1.525M.

Sales:

4181 Kamalani Lane was priced at $1.095M and sold for $1.065M cash after only 31 market days. This home sold previously for $550K in 7/00.

Price Changes:

As noted above, 4066 Aloalii reduced from $1.345M to $1.325M. 3670 Albert reduced from $1.165M to $1.075M. It was purchased for $1.125M in 1/07.

For the past few weeks, I’ve been talking about the various homeowner’s associations you may encounter as a single family home or condo owner in Princeville Kauai. For those of you that are members of the PHCA, you probably know that your annual homeowner’s association meeting was this past Saturday. As a home or condo owner, you can find many opportunities to be involved with your association, even if you are not a full time resident.

There are the elected positions on the board as well as committees that allow for participation if desired. Most associations welcome any and all participation and will work with you to ensure your involvement if your interests are sincere. Believe me, having lived in several different condo complexes and as a past homeowner, I know all to well that there are always people willing to complain but not so many willing to help out. For that reason, you will most likely find your board very appreciative of any involvement on your part. It’s good to stay informed and up to date as to what’s going on in your community.

One of the exciting things happening at the Cliff’s condos is they are moving forward with complex wide solar installation. The associations are working together and getting ready to pull permits and are very eager to get started. With Kauai having the highest electricity in the U.S. I’m certainly excited.

I’ll end on that high note. If you have any questions, you know who to ask. I want you to have the facts before buying or selling.

Aloha Elaine

Entry reduced

exterior reduced
This beautiful home found a buyer in record time and will be closing soon.

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 Oct 12th to Oct 18th

Aloha,

It’s overcast, windy and rainy in Princeviile Kauai today as tropical storm Ana passes by to the South. Thank goodness we dodged another bullet. It’s been relatively quiet here other than that, as it seems many of the visitors left for greener pastures. Despite the weather, there was one condo sale and three homes went into escrow. Take a look below:

NEW LISTINGS

275456 CND A 6 4-5-3-11-1-16 FS $710,000 Villas On The Prince #16 1,732 #16 3/2.01
277935 CND A 5 4-5-4-5-24-30 FS $699,000 Nihilani #10C 1,874 #10C 3/2.01
277962 CND A 2 4-5-4-6-1-6 FS $780,000 Villas Of Kamalii #6 1,761 #6 3/3.00

SALES

270140 CND S 208 4-5-4-11-3-29 FS $675,000 Hanalei Bay Resort #H23 1,324 #H-23 2/2.00
SOLD 10/17/2014 for $665,000 (CNV) DOM 208

EXPIRED

270096 CND X 272 4-5-4-5-18-82 FS $499,900 Puamana #22D 1,664 #22D 3/3.00

PRICE CHANGES

273117 CND A 172 4-5-4-12-3-4 FS $629,000- Hanalei Bay Villas #4 1,248 #4 2/2.01
272073 CND A 211 4-5-4-5-39-138 FS $649,000- Cliffs #5308 1,186 #5308 2/2.00
274984 CND A 111 4-5-4-12-9-28 FS $679,000- Pali Ke Kua #238 993 #238 1/1.01
268117 CND A 305 4-5-4-12-11-6 FS $1,130,000+ Puu Poa #106 2,079 #106 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:

Villas on the Prince 16 offers golf course, mountain and a peak of the ocean for $710K. This townhome sold from the developer for $467,580 in 3/02. This unit was listed from 6/08 to 5/09 for $970K.

Nihilani 10C just sold for $660K on 9/15/14 and is back on the market a month later at $699K. Go figure. Villas of Kamali’i 6 is priced at $780K since selling in 5/03 for $512,925. It was previously listed from 7/10 to 5/11 for $850K.

Sales:

Hanalei Bay Resort H23 yielded a nice profit for the seller who bought it for $483,280 as a bank sale in 7/10. It was listed for $675K and sold for $665K.

Expired:

After 272 market days, Puamana 22d expired while listed for $499,900. It sold in 6/98 for $48,500 as a leasehold property then converted to fees simple in 1/01 for $38,670.

Price Changes:

Hanalei Bay Villas 4 reduced from $650K to $629K and was purchased for $845K in 7/08. Ocean view Cliffs 5308 reduced from $669K to $649K. The last sale was in 2/04 as leasehold unit for $347,375, converting to fee simple in 2/04 for $117,810.

Pali Ke Kua 238 reduced from $699K to $679K. This ocean view unit was purchased on 4/2/13 for $559K. Pu’u Po’a 106 implemented a price increase, going from $1.095M to $1.130M. It sold from the developer for $189,500 in 9/86.

Now onto your Princeville Kauai single family home update, which, while pretty sparse, still managed to get three homes into escrow this week. There were no price changes and only one new listing.

NEW LISTINGS

277784 RES A 6 4-5-4-16-19 FS $1,150,000 4064 Kaahumanu Pl 12,058 sqft 2,274 3/2.00

CONTINGENT SALES

268933 RES C 307 4-5-4-10-10 FS $699,000 4115 Kekuanaoa Ln 9,969 sqft 1,228 3/2.00
277005 RES C 19 4-5-4-7-22 FS $875,000 3886 Punahele Rd 11,745 sqft 2,064 3/3.00
273367 RES C 163 4-5-4-10-22 FS $1,225,000 4078 Liholiho Rd 10,200 sqft 2,515 2/3.02

WITHDRAWN

275674 RES W 81 4-5-4-19-10 FS $1,599,000 5136 Napookala Cir 15,023 sqft 2,440 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:

4064 Kaahumanu is listed for $1.150M after selling as a REO for $479,900 in 8/11. This home is an active vacation rental.

Contingent:

4115 Kekuanaoa is now in escrow while listed for $699K. This single level home last sold for $600,250 in 6/08. It took only 13 days for 3886 Punahele to find a buyer while listed for $875K. This beautifully landscaped home was purchased for $925K in 11/06. After 162 market days, 4078 Liholiho found a buyer with a list price of $1.225M. The land for his home sold in 5/97 for $85K. The residence was built in 03.

Withdrawn:

Under construction, 5136 Napookala was withdrawn from the market with a price of $1.599. The land was purchased in 4/14 for $430K.

The last few weeks I’ve been discussing Condo and Homeeowner’s Associations and and the bylaws / house rules etc. that come with both. You should also know that within the Princeville at Hanalei Community Association, (PHCA) there are two other Homeowner’s Associations; the Sunset Drive and Mili Makani Community Associations. While the governing documents of these Associations are generally aligned with those of the PHCA, you may need to get approval from BOTH Associations before proceeding with activities like painting, landscaping etc.

Be a good neighbor and make sure you understand what association(s) governs your property. If you are unsure of this, just give the PHCA your address and I’m sure they can tell you. If you are purchasing, ask your agent. You should always be informed before buying or selling. Questions? Text or email me for a speedy response. That’s why I’m here – to make sure you get the facts.

Aloha Elaine

Warning signs
Although these signs at the start of the Kalalau trail did not apply on the day this picture was taken, they would certainly be applicable today as Ana goes by.

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………

Kauai September 2014 Market Statistics

Aloha,

Sep 14 failed to meet or exceed Sep 13 Kauai sales, coming up 14% short, posting 70 sales compared to 81 last Sep. With 70 sales it’s still the second highest posting within the last 6 years. Sep 09 posted 39 sales, Sep 10 – 49, there were 55 for Sep 11 and 65 for Sep 12.

Overall, the market is still 4% up, with 783 sales to date compared to 755 at this time last year. This is due to higher sales in most of the previous months, but if things keep up the way there are now, there’s a good chance we will fall behind in year to date. At 783 we are well above past years, with the low being 343 sales year to date in 09. Unbelievable. Everytime I run the stats and compare to 09, I wonder how we all made it!

Sales volume is down 19%, going from $49M in Sep 13 to $40M this past month. When compared to the last 6 years, you can see how far the market has come, posting $21M in sales for Sep 09, $25M – Sep 10, $30M for Sep 11 and $46M in Sep 12. Seen from that perspective, it just looks like this Sep is taking the normal “breather” as vacations end, kids go back to school and adults get back to their normal lives.

Year to date sales volume is up by 17% with $496M in sales compared to $421M year to date last year. The low year to date for the last 6 years was, of course, 09 with $210M in sales.

As for median sales, residential is up to $580K from $490K, land fell from $405,500 to $262,500 while condos went up from $207,500 to $232,500 when comparing Sep 13 to 14. On year to date, the market is up across the board, with a median of $530K for residential this year to date compared to $515K last year to date. Land went from $300K to $332,500, and condos jumped up from $300K to $342K.

To see the complete monthly statistical report as provide by the MLS, click here where I post it each month on my blog.

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

Aloha Elaine

Kalalau trail pic

Elaine Schaefer (R)
Broker in Charge
CRS, GRI, ABR, SFR
Top Producer 100% Club

RE/MAX Kauai
Princeville Resort Office
POB 223632
Princeville, HI 96722
cell: 808 639 2935
home fax: 1 808 440 4552
email:soldonkauai@gmail.com
website: www.KauaiRealEstateNow.com
blog: www.activerain.com/blogs/soldonkauai

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

Princeville Kauai condo / house update for the week of Oct 5th to Oct 11th

Aloha,

We are 22 sales in towards surpassing last October’s 80 sales. This past week on Kauai, there were a total of 11 sales, only two of which were in Princeville. Take a look for yourself:

NEW LISTINGS

277794 CND A 544 4-5-4-5-18-31 FS $330,000 Puamana #8D 1,298 #8D 2/2.00
277627 CND A 5 4-5-4-6-1-44 FS $735,000 Villas Of Kamalii #44 1,825 #44 3/3.00

CONTINGENT SALES

275836 CND C 73 4-5-4-5-23-6 FS $499,000 Plantation #212 1,153 #212 2/2.00

PRICE CHANGES

275139 CND A 96 4-5-3-6-22-74 FS $779,000- Kaiulani #74 1,892 #74 2/2.01
268158 CND A 339 4-5-4-5-18-4 FS $425,000- Puamana #1D 1,298 #1D 2/2.00
275792 CND A 75 4-5-4-5-16-7 FS $495,000- Alii Kai #1203 1,085 #1203 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:

Puamana 8D returns to the market at a new low price of $330K. The last sale was for $80K in 8/97 as a leasehold property. It converted to fee simple in 10/00 for $35,700. It has been listed several times before most recently from 4/13 to 10/14 for $365K. Villas of Kamali’i is new on the market priced at $735K since being purchased in 7/09 for $600K.

Contingent:

Plantation 212 went into escrow while priced at $499K. The prior sale was for $560K in 3/07.

Price Changes:

Ka’iulani 74 reduced from $829K to $779K. This townhome sold from the developer for $898,250 in 4/07. Puamana 1D went from $449,500 to $425K after selling for $345K in 8/03. Ali’i Kai 1203 was priced at $500K and made a minor reduction to $495K. The unit sold for $136K in 10/80. Now on to your Princeville Kauai home update.

NEW LISTINGS

277702 RES A 1 4-5-4-15-10 FS $727,000 3829 Haulani Pl 11,502 sqft 1,873 3/2.00
276862 RES A 5 4-5-4-17-21 FS $1,150,000 4914 Emmalani Dr 10,500 sqft 3,238 4/3.01

SALES

275001 RES S 27 4-5-4-16-81 FS $698,000 4074 Nalani Ln 10,463 sqft 2,220 2/3.00
SOLD 10/9/2014 for $650,000 (CNV) DOM 27

273943 RES S 71 4-5-4-24-8 FS $789,900 4222 Waileia Pl 8,943 sqft 1,960 2/2.01
SOLD 10/7/2014 for $760,000 (PMM) DOM 71

PRICE CHANGES

274208 RES A 102 4-5-3-12-9 FS $1,395,000- 4001 Aloalii 8,081 sqft 3,461 2/3.00
274904 RES A 102 4-5-4-15-13 FS $748,999- 3841 Haulani Pl 10,409 sqft 2,016 3/2.00
276659 RES A 36 4-5-4-17-14 FS $1,420,000- 4825 Emmalani Dr 12,290 sqft 2,942 4/3.01
267688 RES A 359 4-5-4-9-55 FS $1,449,000- 5331 Honoiki Rd 10,689 sqft 2,554 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:

3829 Haulani is on the market at a new lower price of $727K. Purchased in 2/98 for $257,951, this home was listed from 5/06 to 6/07 for $1.125M and again from 6/07 to 2/09, starting at $1.028M and reducing to $960K. 4914 Emmalani Drive last sold for $980K in 12/09, and is newly listed for $1.150M.

Sales:

4074 Nalani Lane sold for $650K with a list price of $698K. The previous sale was for land in 3/86 for $38,500. 4222 Waileia Place closed at $760K while listed for $789,900. The prior sale was for land in 9/05 for $430K. The home was built in 07.

Price Changes:

4001 Aloalii reduced $100K from $1.495M to $1.395M. The prior purchase was for $1.450M in 7/08. 3841 Haulani made the smallest reduction ever – it reduced a $1 from $749K to $748,999. This home was purchased for $775K in 2/07.

The price is now $1.420M for 4825 Emmalani. This golf course home was previously priced at $1.495M and last sold as land in 5/03 for $318K.

5331 Honoiki is now $1.449M down from $1.490M. This home sold for $762,500 in 1/11.

Whether you are thinking of buying a home or a condo, it’s a good idea to become very familiar with House Rules and / or Bylaws before completing your purchase. Review of condo or subdivision docs is a standard section in the 14 page (yes, it’s fourteen pages now!) purchase contract. The seller generally has anywhere from 7 to 10 days to provide these documents with the buyer having a similar amount of time to review.

Although the amount of paper can seem overwhelming, especially when purchasing a condo, it is imperative that you understand what you can and cannot do as an owner. Fines can be prohibitive, with some complexes assessing $100 after an initial warning. These fines usually increase with each subsequent offense up to a stated amount. In some cases, the Board can suspend privileges.

Problems sometimes occur when an owner vacation rents their unit and fails to provide the rules to their guests. Any offenses that result in a fine are charged to the owner – so be sure you (and your guests) can abide by the rules before purchasing. Each complex has their own sets of condo docs so be sure to thoroughly review them during the time allotted.

Homes in Princeville also have governing documents either under Phase 1 (Princeville at Hanalei Community) or Phase 11 which encompasses the homes at Queen Emmas Bluffs along with Villas on the Prince and Ka’iulani. Keep in mind that in Phase II rentals must be 30 days or longer – which means you cannot do weekly vacation rentals.

If you have questions about condo docs, and are already an owner, contact your management company for clarification. If you are purchasing, make sure to review everything thoroughly.

That’s it for this week. If you have questions before buying or selling, you know who to ask. Get the facts before and not after – when it’s often too late.

Aloha Elaine

Mountains for web
Beautiful Hanalei views.

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 Sep 28th to Oct 4th

Aloha,

The beautiful weather has been staying with us. We’ve had a few downpours but by and large, Paradise weather is, well – it’s living up to it’s name. Paradise. We had some activity in both homes and condos Take a look:

NEW LISTINGS

277623 CND A 1 4-5-3-6-22-16 FS $2,249,000 Kaiulani #16 2,843 #16 3/3.01

CCONTINGENT SALES

274784 CND C 96 4-5-4-5-16-10 FS $419,000 Alii Kai #2102 1,086 #2102 2/2.00
274986 CND C 91 4-5-4-5-16-20 FS $650,000 Alii Kai #3104 1,085 #3104 2/2.00

EXPIRED

262621 CND X 541 4-5-4-5-18-31 FS $350,000 Puamana #8D 1,298 #8D 2/2.00
262212 CND X 544 4-5-4-5-39-77 FS $525,000 Cliffs #3301 1,186 #3301 2/2.00

WITHDRAWN

264548 CND W 464 4-5-4-5-23-64 FS $539,000 Plantation #1622 1,318 #1622 3/3.00

PRICE CHANGES

266094 CND A 369 4-5-3-6-22-29 FS $1,495,000- Kaiulani #29 2,864 #29 3/3.01
277321 CND A 11 4-5-4-5-18-78 FS $468,800+ Puamana #21D 1,298 #21D 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 16 is new on the market priced at $2.249M after selling from the developer for $2,127,240 in 4/08.

Contingent:

Ali’i Kai 2102 found a buyer after 82 days priced at $419K. The prior sale was for $599K in 8/05. Ocean view Ali’i Kai 3104 took only 89 days to find a taker while priced at $650K. The list price is only slightly higher than the prior sale price of $612K in 4/13.

Expired:

Puamana 8D was listed for $350K when it expired this week after 541 days on the market. This condo was purchased in 8/87 as a leasehold unit for $80K, converting to fee simple in 10/00 for $35,700. After 544 days priced at $525K, Cliffs 3301 expired. It was purchased in 2/81 for $176,600 as a leasehold, converting to fee simple for $38K in 2/97.

Withdrawn:

Plantation 1622 was withdrawn after 464 market days priced at $539K. The condo was purchased for $399,901 as a bank foreclosure in 8/12.

Price Changes:

Ka’iulani 29 decreased from $1.549M for $1.495M. The condo sold from the developer for $1,825,850 in 7/07. Puamana 21D increased from $468,500 to $468,800. The unit was purchased 12/09 for $300K. Now on to your Princeville Kauai single family residence update:

NEW LISTINGS

277390 RES A 3 4-5-4-21-31 FS $775,000 3920 Kaweonui Rd 14,900 sqft 1,986 3/2.01
277005 RES A 4 4-5-4-7-22 FS $875,000 3886 Punahele Rd 11,745 sqft 2,064 3/3.00
277349 RES A 4 4-5-4-9-35 FS $1,000,000 4231 Kekuanaoa Ln 13,014 sqft 3,177 3/3.00
273290 RES C 3 4-5-4-20-27 FS $625,000 5142 Iolani Pl 8,641 sqft 1,562 4/2.00

CONTINGENT SALES

274096 RES C 127 4-5-3-11-32 FS $1,345,000 4066 Aloalii Dr 13,511 sqft 2,784 3/2.01
273290 RES C 3 4-5-4-20-27 FS $625,000 5142 Iolani Pl 8,641 sqft 1,562 4/2.00

SALES

271985 RES S 3 4-5-4-16-10 FS $825,000 4089 Kaahumanu Pl 13,578 sqft 2,468 3/3.02
SOLD 9/29/2014 for $775,000 (CNV) DOM 3

274972 RES S 28 4-5-4-13-34 FS $1,500,000 3564 Kaweonui Rd 14,070 sqft 3,361 5/4.01
SOLD 10/2/2014 for $1,330,000 (CNV) DOM 28

EXPIRED

271829 RES X 198 4-5-4-19-1 FS $1,199,500 4165 Liholiho Rd 25,212 sqft 3,235 4/2.01

WITHDRAWN

270000 RES W 255 4-5-4-16-87 FS $899,000 4120 Nalani Ln 11,740 sqft 1,725 3/2.00
274203 RES W 120 4-5-4-7-34 FS $2,875,000 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:

3920 Kaweonui makes it’s first appearance on the MLS priced at $775K since selling for $355K in5/90.

3806 Punahele, which was built in 81, is now on the market for $875K since selling for $925K in 11/06. Also new this week is 4231 Kekuanaoa with a price of $1M. It goes on to say that this home is being offered at auction which will take place on 11/5. This Hanalei Bay View home last sold for $658K in 2/90 and was built in 72.

Short sale 5142 Iolani Place came on the market showing as “contingent” priced at $625K. This home was purchased for $860K in 9/95.

Contingent:

After being listed several times, 4066 Aloali’i found a buyer while priced at $1.345M. The land sold for $325K in 8/03 and the home was built in 04. As noted above, 5142 Iolani Place came on the market showing as contingent.

Sales:

One lucky buyer got a great deal on the short sale at 4089 Kaahumanu Place which closed at $775K while listed for $825K. The prior sale was for $1.099M in 7/07.

Ocean view 3564 Kaweonui sold for $1.330M with a list price of $1.5M. The prior sale was for land in 3/98 for $160K.

Expired:

4165 Liholiho, priced at $1.199.500 expired after 198 days on the market. The home was purchased in 7/11 for $1.050M.

Withdrawn:

4120 Nalani was withdrawn while priced at $899K after 255 market days. This home was purchased for $700K in 8/08/ 3824 Punahele was withdrawn after 120 market days. Priced at $2,875M, it last sold as land for $195Kin 1/01.

Sales this past September were nowhere near those of September 13 posting only 70 sales compared to the 81 of the prior year. So are this year we’ve had 10 sales on our way to surpassing the 80 from October 13. Questions, let me know what they are. That’s why I’m here – so you get the facts.

Aloha Elaine

Hanakapia reduced
Hanakapiai River

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
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Aloha!

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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