Princeville Kauai condo / house update for the week of Aug 24th to Aug 30th

Aloha,

Happy Labor Day Weekend! I hope you are out enjoying the magnificent weather – no matter where you are. Here on Kauai Mother Nature is serving up blue skies and very warm humid weather, perfect for a weekend at the beach. That’s where we’ll be headed tomorrow to celebrate with everyone else.

If you are familiar with Kauai, you know there are a multitude of beaches to choose from, no matter what side of the Island you’re exploring. Some of my favorites on the North Shore are Anini, Kalihiwai and Hanalei – or we may decide to hike down from Princeville to the Sealodge beach or hike down from the Cliffs to check out the turtles.

This was one of the few weeks where there were no new listings in either houses or condos. However, there were several sales and new escrows so it’s all good. Take a look for yourself:

CONTINGENT SALES

272508 CND C 142 4-5-4-12-8-27 FS $673,000 Pali Ke Kua #131/2 1,148 #131/​2 2/2.00
271129 CND C 89 4-5-4-6-1-17 FS $770,000 Villas Of Kamalii #17 1,761 #17 3/3.00

SALES

272814 CND S 0 4-5-4-15-21-74 FS $289,000 Sandpiper #237 1,173 #237 2/2.01
SOLD 8/25/2014 for $275,000 (CASH) DOM 0

EXPIRED

267866 CND X 300 4-5-4-12-5-2 FS $799,000 Pali Ke Kua #102A 717 #102A 1/1.00

PRICE CHANGES

265963 CND A 381 4-5-3-11-1-21 FS $695,000- Villas On The Prince #21 1,737 #21 3/3.00
275139 CND A 54 4-5-3-6-22-74 FS $829,000- Kaiulani #74 1,892 #74 2/2.01
275836 CND A 31 4-5-4-5-23-6 FS $499,000- Plantation #212 1,153 #212 2/2.00
275199 CND A 54 4-5-4-5-23-40 FS $575,000- Plantation #1022 1,318 #1022 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.

Contingent:

Pali Ke Kua 131 was priced at $673K when it found a buyer this week. Purchased in 11/02 for $450K, this condo was initially listed for $693K, reducing to $673K on 8/11, after which it went into escrow after 137 market days. Villas of Kamali’i 17 last sold for $605K in 7/03. It went into escrow after 84 market days priced at $770K.

Sales:

Sandpiper 237 sold for $275K cash while listed for $289K. This top floor condo, which was purchased for $391K in 7/08, came on the market showing as in escrow.

Expired:

Pali Ke Kua 102 expired after 300 days priced at $799K. It sold for $795K in 4/05.

Price Changes:

Villas on the Price reduced from $697,500 to $695K this week. It was purchased for $575K in 1/03. Ka’iulani 74 reduced from $849K to $829K. This townhome sold from the developer in 4/07 for $898,250. Plantation 212 is now priced at $499K, down slightly from $509K. This downstairs unit was purchased for $560K in 3/07. Plantation 1022, which just sold for $589K in 6/14, reduced from $589K to $575K.

Now on to your Princeville home update:

BACK ON THE MARKET

272166 RES A 152 4-5-4-16-14 FS $1,169,000 4047 Kaahumanu Pl 13,215 sqft 2,581 3/3.00

CONTINGENT SALES

275028 RES C 53 4-5-4-10-42 FS $975,000 5332 Honoiki Rd 10,068 sqft 2,907 3/2.00
275483 RES C 36 4-5-4-18-40 FS $1,095,000 4181 Kamalani Ln 9,309 sqft 2,115 3/2.01

SALES

271732 RES S 126 4-5-3-12-33 FS $1,195,000 3998 Aloalii Dr 9,823 sqft 3,800 4/4.01
SOLD 8/27/2014 for $1,095,000 (CASH) DOM 126

268925 RES S 130 4-5-4-16-30 FS $675,000 4988 Emmalani Dr 12,969 sqft 2,659 3/3.00
SOLD 8/29/2014 for $608,000 (CNV) DOM 130

PRICE CHANGES

274096 RES A 92 4-5-3-11-32 FS $1,345,000- 4066 Aloalii Dr 13,511 sqft 2,784 3/2.01
268933 RES A 257 4-5-4-10-10 FS $699,000- 4115 Kekuanaoa Ln 9,969 sqft 1,228 3/2.00
270286 RES A 212 4-5-4-14-28 FS $1,095,000- 3907 Kamehameha Rd 17,070 sqft 2,863 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.

Back on the Market:

4047 Kaahumanu Place, priced at $1.169M, went into escrow on 8/19 and unfortunately fell out again on 8/25. The prior sale was for $1,295,500 in 12/05.

Contingent:

After 53 days, 5332 Honoiki went into escrow with a list price of $975K. The last sale was for land at $25,100 in 4/73. (Amazing to think of land only costing $25K!) 4181 Kamalani Lane had been in escrow but fell out on 8/13. It had the good fortune to go back into escrow on 8/25 while listed for $1.095M. This home sold for $555K in 12/05.

Sales:

3998 Aloalii sold for $1.095M while priced at $1.195M. The prior sale was for $660K in 8/05 for land. Estate sale 4988 Emmalani sold for $608K while listed for $675K. The prior sale was for $825K in 3/04.

Price Changes:

4066 Aloalii reduced from $1.395M to $1.350M. The prior sale was for $325K in 8/03 for land. 4115 Kekuanaoa was priced at $739K but reduced to $699K this week. This home sold as an estate sale for $600,250 in 6/08. 3907 Kamehameha Road, which was purchased for $380K 10/98 reduced from $1.139M to $1.095M.

As of today, Sunday, there have been 84 sales, which is one shy of matching the 85 sales last August. We’ll have to wait until Tuesday or Wednesday to see if there are any more properties that closed late last week that have not yet been recorded on the MLS. We just may break last August’s record after all.

I hope you have a great holiday weekend. Real estate questions? Let me know. Just send a text or email. I’m here so you get the facts before buying or selling. That’s it for this week.

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 the week Aug 17th to 23rd

Aloha,

There are still buyers out there as evidenced by the two new condo and two home escrows. There have been 58 sales so far this month and with 32 homes currently under contract (contingencies have been removed) and an additional 149 in escrow, there are sure to be several more before the month is up. Take a look at this week’s activity:

NEW LISTINGS

276121 CND A 2 4-5-3-11-1-32 FS $669,000 Villas On The Prince #32 1,737 #32 3/3.00
274600 CND A 2 4-5-4-5-7-21 FS $529,000 Sealodge #C1 746 #C1 2/2.00

BACK ON THE MARKET

263776 CND A 451 4-5-4-12-10-6 FS $479,000 Emmalani Court #214 1,192 #214 2/2.00

CONTINGENT SALES

267702 CND C 292 4-5-4-5-30-13 FS $450,000 Mauna Kai #F23 1,478 #F23 3/2.00
270140 CND C 213 4-5-4-11-3-29 FS $675,000 Hanalei Bay Resort #H23 1,324 #H-23 2/2.00

EXPIRED

271175 CND X 181 4-5-4-5-39-72 FS $349,000 Cliffs #3204 917 #3204 1/2.00
246904 CND X 367 4-5-4-5-27-17 FS $413,000 Hale Honu #9A 1,085 #9A 3/1.01
246908 CND X 363 4-5-4-5-18-76 FS $499,500 Puamana #21B 1,425 3/2.00

PRICE CHANGES

263776 CND A 451 4-5-4-12-10-6 FS $479,000+ Emmalani Court #214 1,192 #214 2/2.00
275792 CND A 26 4-5-4-5-16-7 FS $500,000- Alii Kai #1203 1,085 #1203 2/2.00
273350 CND A 106 4-5-4-5-39-137 FS $634,000- Cliffs #5307 1,137 #5307 2/2.00
273117 CND A 115 4-5-4-12-3-4 FS $650,000- Hanalei Bay Villas #4 1,248 #4 2/2.01
268117 CND A 248 4-5-4-12-11-6 FS $1,095,000- 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 32 is on the market at $669K after selling for $545K in 2/03. The condo was listed previously from 5/08 to 4/09 starting at $980K and reducing to $895K and again from 4/13 to 12/13, starting at $769K and dropping to $749K.

Sealodge C1 returns to the market priced at $529K. The prior listing was from 8/10 to 8/11 with a list price of $590K, decreasing to $525K. The unit was purchased for $195K in 7/99.

Back on the Market:

Short sale Emmalani Court is back on the market with a new price of $479K up from $449K. The prior sale was for $763K in 6/07.

Contingent:

After 287 market days, Mauna Kai F23 went into escrow with a list price of $450K. The prior sale was for $570K in 12/06. Also finding a buyer was Hanalei Bay Resort 5207/08 which sold previously as a bank REO for $483,280 in 7/10. It is currently listed for $675K.

Expired:

Cliffs 3204, priced at $349K, expired after 181 days. This condo was purchased for $380K in 1/08. Also expiring is Hale Honu 9A while priced at $413K with 367 market days. The last sale was for $180K in 6/02. Puamana 21B was purchased for $70K as leasehold property in 4/99 then converted to fee simple in 5/00 for $35,700. It was listed for $499,500 when it expired after 363 market days.

Price Changes:

As noted above, Emmalani Court 214 increased from $449K to $479K. Ali’i Kai 1203 went from $535K to $500K. The last sale was for $136K in 10/80.

Cliffs 5307, which offers ocean views, reduced from $649K to $634K. This top floor condo sold for $470K in 7/04. Hanalei Bay Villas 4 was priced at $699K then reduced to $650K. The free standing condo last sold for $845K in 7/08. Pu’u Po’a 106 reduced from $1.195M to $1.095M after 243 market days. This one owner condo was purchased for $189,500 in 8/96. Next is your Princeville home update which consists of two homes that went into escrow:

CONTINGENT SALES

275001 RES C 29 4-5-4-16-81 FS $698,000 4074 Nalani Ln 10,463 sqft 2,220 2/3.00
272166 RES C 145 4-5-4-16-14 FS $1,169,000 4047 Kaahumanu Pl 13,215 sqft 2,581 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.

Contingent:

4074 Nalani Lane came back on the market on 8/11 an went quickly into escrow while priced at $698K. The prior sale was for $38,500 for land in 3/86. While priced at $1.169M, 4047 Kaahumanu Place found a buyer. The prior sale was for $1,295,500 in 12/05.

That’s it for Princeville homes and condos this week! Any questions, you know who to ask.

Aloha Elaine

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We saw so many amazing buildings, places, statues in Austria. This is the Melk Abbey in Melk.

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 Aug 10th to Aug 16th

Aloha,

As you may have guessed by now, I’m traveling and am currently in Austria. We were in Venice today and wanted to take one of the horse drawn carriage rides that we saw throughout the Plaza. Since the ride was 40 minutes long, we had plenty of opportunity to chat with the driver. He answered all our questions about the history of various building then said he had a question of his own.

It was quite amusing that upon learning that we were from Hawaii, he asked if it was true that the favorite food in Hawaii was canned meat! We chuckled to ourselves and told him he must be talking about Spam!

Yes, Hawaii’s love affair with Spam has apparently traveled all the way to Vienna! We assured him that while Spam was quite popular it was not the only meat available. He actually seemed relieved then repeated “Spam…..Spam….. several times to himself so he would remember it.

Now on to your weekly update:

NEW LISTINGS

276000 CND A 5 4-5-4-15-21-23 FS $359,000 Sandpiper #123 1,042 #123 2/2.00

BACK ON THE MARKET

268158 CND A 283 4-5-4-5-18-4 FS $449,500 Puamana #1D 1,298 #1D 2/2.00

CONTINGENT SALES

275842 CND C 11 4-5-4-5-24-30 FS $699,000 Nihilani #10C 1,874 #10C 3/2.01

SALES

255428 CND S 5 4-5-4-5-3-18 FS $229,000 Paniolo #203 1,058 #203 1/2.00
SOLD 8/15/2014 for $236,000 (CNV) DOM 5

269997 CND S 129 4-5-4-5-4-17 FS $499,888 PMauna Kai #7B 2,807 #7B 3/3.00
SOLD 8/13/2014 for $465,000 (CNV) DOM 129

PRICE CHANGES

275182 CND A 40 4-5-3-6-22-3 FS $1,349,000- Kaiulani #3 2,843 #3 3/3.01
274086 CND A 74 4-5-3-6-22-8 FS $1,499,999- Kaiulani #8 2,864 #8 3/3.01
274784 CND A 47 4-5-4-5-16-10 FS $419,000- Alii Kai #2102 1,086 #2102 2/2.00
265174 CND A 229 4-5-4-5-16-17 FS $649,000- Alii Kai #3101 1,086 #3101 2/2.00
272508 CND A 128 4-5-4-12-8-27 FS $673,000- Pali Ke Kua #131/2 1,148 #131/​2 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 123 is new on the market for $359K since selling for $251K in 3/11.

Back on the Market:

Puamana 1D is back on the market priced at $449,500. The condo was purchased for $345K in 8/03.

Contingent:

It only took 7 days for Nihilani 10C priced at $699K to go into escrow. The prior sale was from the developer in 9/07 for $750K.

Sales:

Short sale Paniolo 203 closed for more than the list price of $229K at $236K. The unit had been purchased for $445K in 7/05. Mauna Kai 7B was priced at $499,888 when it sold for $465K. The seller purchased this condo for $625K in 10/04.

Price Changes:

The developer’s Ka’iulani 3 reduced to $1.349M from $1.479M. Ka’iulani 8, a resale, reduced from $1,599,750 to $1,499,999. This unit just sold in 5/13 for $1.225M.

Ali’i Kai 2102, which last sold for $599K in 8/05, reduced from $460K to $419K. Also reducing is Ali’i Kai 3101, now $649K down from $695K. The last sale was for $325K in 10/01.

Pali Ke Kua 1131, which had been priced at $693K reduced to $673K. It sold previously for $450K in 11/02.

Now on to your Princeville home update:

BACK ON THE MARKET

275001 RES A 22 4-5-4-16-81 FS $698,000 4074 Nalani Ln 10,463 sqft 2,220 2/3.00
275483 RES A 22 4-5-4-18-40 FS $1,095,000 4181 Kamalani Ln 9,309 sqft 2,115 3/2.01

CONTINGENT SALES

274747 RES C 47 4-5-4-15-3 FS $1,395,000 3979 Kamehameha Rd 10,772 sqft 3,558 5/3.00

SALES

270294 RES S 100 4-5-4-16-84 FS $1,179,000 4100 Nalani Ln 10,542 sqft 2,643 3/2.02
SOLD 8/11/2014 for $1,100,000 (CASH) DOM 100

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

Back on the Market:

4074 Nalani Lane is now back on the market after a brief absence. The list price is still $698K and the last sale was for land in 3/86 for $38,500.

4181 Kamalani Lane went into escrow within 18 days and came back on the market jn only 2 days still priced at $1.095M. The prior sale was $555K in 7/00.

Contingent:

After only 47 days, the vacation rental home at 3979 Kamehameha found a buyer while priced at $1.395M. The seller purchased this home in 4/08 for $1,236,100.

Sales:

4100 Nalani Lane closed for $1.1M cash while listed for $1.179M. The last sale was for land in 11/02 for $210K.

We’re at 38 sales and are on our way to meeting or exceeding the 87 from last August. If you have questions about any of these properties or Kauai real estate in general, please do not hesitate to email. That’s why I’m here, so you get the facts before buyin gor selling.

Aloha Elaine

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Hiking in Hallstatt, Austria.

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 Aug 3rd to Aug 9th

Aloha,

I’m happy to report that Kauai did not suffer any major damage due to the two reported hurricanes that were in the area. Fortunately, Iselle hit the Big island as a tropical storm instead of a hurricane and Julio went North of the Islands. Civil defense issued flash flood warnings but it’s much better news than having a hurricane on your doorstep.

Despite the trepidation over the possibility of two hurricanes hitting the Islands, there were still some buyers willing to brave the weather. Although there were no new condo escrows, there were several new listings and closings. Homes did very well with two properties going into escrow. Here is your update:

NEW LISTINGS

275921 CND A 5 4-5-3-11-1-6 FS $669,900 Villas On The Prince #6 1,737 #6 3/3.00
275953 CND A 2 4-5-4-12-2-17 FS $439,750 Hale Moi #117 1,033 #117 1/2.00
275842 CND A 4 4-5-4-5-24-30 FS $699,000 Nihilani #10C 1,874 #10C 3/2.01

SALES

264084 CND S 385 4-5-4-5-30-7 FS $399,900 Mauna Kai #F7 1,280 #F7 2/2.00
SOLD 8/8/2014 for $350,000 (CASH) DOM 385

273276 CND S 21 4-5-4-5-7-3 FS $469,000 Sealodge #A3 755 #A3 2/2.00
SOLD 8/5/2014 for $435,000 (CNV) DOM 21

273672 CND S 48 4-5-4-5-3-23 FS $498,800 Paniolo #210 1,058 #210 1/2.00
SOLD 8/5/2014 for $470,000 (CNV) DOM 48

WITHDRAWN

268472 CND W 254 4-5-4-11-3-15 FS $945,000 Hanalei Bay Resort #C25 1,705 #4204/​5/​6 3/3.00

PRICE CHANGES

218823 CND A 2053 4-5-4-12-5-8 LH $532,500- Pali Ke Kua #108A 717 # 08 1/1.00
270407 CND A 186 4-5-4-5-18-76 FS $535,900- Puamana #21B 1,426 #21B 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:

Villas on the Prince 6 is back as a new listing for $669,900. It was previously listed from 2/12 to 8/12 for $719K, again from 11/12 to 4/13, starting at $719K and reducing to $709K, and finally for $679K from 1/14 to 6/14. The last sale was for $725K in 3/05.

Hale Moi 117 is now listed for $439,750. It sold in 6/99 for $109K. Nihilani 10 hit the market this week at $699K, the first time it’s been listed since selling from the developer in 9/07 for $750K

Sales:

Mauna Kai F7 closed for $350K cash while listed for $350K. This condo was purchased as bank REO in 9/11 for $245K.

Sealodge A3 closed for $435K while listed for $469. The condo sold for $400K in 7/13.

Paniolo 210 sold for $470K while listed for $498,800. This condo was previously purchased for $112K as a leasehold in 6/01, converting to fee simple in 5/03 for $50K.

Withdrawn:

After 245 market days, Hanalei Bay Resort 4204/5/6/ was withdrawn with a list price of $945K. The seller paid $1.064M for this condo in 4/05.

Price Changes:

Leasehold Pali Ke Kua 108 decreased from $579K to $532,500 after 2048 market days. The prior sale was for $469Kin 3/02.
Puamana 21B went from $545,900 to $535,900. This condo sold as a leasehold for $70K in 4/99 and converted to fee simple in 7/00 for $35,700. Now on to your Princeville Kauai home update:

BACK ON THE MARKET

265720 RES A 361 4-5-3-12-13 FS $1,450,000 3981 Aloalii Dr 8,261 sqft 3,712 4/4.00

CONTINGENT SALES

273943 RES C 74 4-5-4-24-8 FS $789,900 4222 Waileia Pl 8,943 sqft 1,960 2/2.01
274972 RES C 33 4-5-4-13-34 FS $1,500,000 3564 Kaweonui Rd 14,070 sqft 3,361 5/4.01

EXPIRED

236176 RES X 724 4-5-4-6-12 FS $550,000 4154 Lei O Papa Rd 11,369 sqft 1,544 2/2.00

WITHDRAWN

259959 RES W 578 4-5-4-17-18 FS $829,000 4944 Emmalani Dr 10,500 sqft 2,100 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.

Back on the Market:

3981 Aloali’i Drive, priced at $1.450M, is back on the market after expiring last week. The prior sale was for $1,729,632 in 7/08.

Contingent:

4222 Waileia Place found a buyer after 71 days priced at $789,900. This home last sold as land in 9/05 for $430K.
It only took 29 days for 3564 Kaweonui, priced at $1.5M, to go into escrow. The prior sale was for land in 3/98 for $160K.

Expired:

4154 Lei O Papa, priced at $550K, expired after 724 days. It was purchased for $645K in 2/07.

Withdrawn:

4944 Emmalani Drive has been on the market 578 days, priced at $829K when it was withdrawn this week. The prior purchase was for $315K in 8/99.

We’re off to a good start for August with 22 sales so far. Let’s hope it keeps up this way. Any questions, just send an email.

Aloha Elaine

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Hiked to these falls in Hallstatt, Austria.

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 July 2014 Market Statistics

Aloha,

July 14 was one of the few months that did not meet or surpass stats from the prior year, coming in with only 82 sales compared to 93 last July, a 12% decrease. Residential sales were down from 40 to 35 and condos 38 to 30. Still, even with only 82 sales, it is higher than 09 with 49 sales, 10 with 58, 11 with 59 and 12 with 72 sales.

Year to date, we are ahead by 6% with 624 sales to date, compared to 586 this time last year. Over the last 6 years, the low year was 09 with only 260 sales year to date.

Although the number of sales is down, sales volume is up by 26%, with $52M sold in July 14 compared to only $41M sold in July 13. Year to date we are ahead by 23% with $397M in sales compared to $321M in sales this time last July. To get an idea of how far we’ve come, consider that at the end of year to date July 09, there had only been $168M in sales.

Median sales prices are generally up, going from $432,500 for residential in July 13 to $495,000 in July 14. Condos went from $276,250 in July 13 to $378,500 this July. Land was slightly down, going from $270,000 July 13 to $260,000 for this July. Keep in mind these are median and not average pricing.

To see the full statistical report, please click here to go to my website where I post the full MLS report. Questions? Just send me an email.

Aloha Elaine

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A visit to the Lippizaner Stud Farm in Piper, Austria, where horses for the Spanish Riding School in Vienna are raised.

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
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Princeville Kauai condo/house update for the week of Jul 27th to Aug 2nd

Aloha,

July 14 fell way short of 93 sales which was the record for July 13. This month recorded only 80 sales, although a few more could be posted the beginning of the week. Here is your activity for the week just past:

NEW LISTINGS

275836 CND A 3 4-5-4-5-23-6 FS $509,000 Plantation #212 1,153 #212 2/2.00
275792 CND A 5 4-5-4-5-16-7 FS $535,000 Alii Kai #1203 1,085 #1203 2/2.00
275767 CND A 4 4-5-4-5-23-63 FS $559,000 Plantation #1621 1,318 #1621 3/3.00
275790 CND A 5 4-5-4-6-1-33 FS $749,000 Villas Of Kamalii #33 1,825 #33 3/3.00
275439 CND S 0 4-5-4-15-21-20 FS $344,000 Sandpiper #120 1,042 #120 2/2.00
SOLD 7/29/2014 for $344,000 (CASH, CNV) DOM 0

BACK ON THE MARKET

272612 CND A 110 4-5-4-5-18-35 FS $425,000 Puamana #10A 1,510 #10A 2/2.00

SALES

275439 CND S 0 4-5-4-15-21-20 FS $344,000 Sandpiper #120 1,042 #120 2/2.00
SOLD 7/29/2014 for $344,000 (CASH, CNV) DOM 0

267179 CND S 284 4-5-4-5-17-34 FS $390,000 Alii Kai#12B 1,020 #12B 2/2.00
SOLD 7/28/2014 for $385,000 (CASH) DOM 284

271347 CND S 0 4-5-4-5-24-36 FS $671,727 Nihilani #12C 1,972 #12C 3/3.00
SOLD 7/31/2014 for $671,727 (CNV) DOM 0

PRICE CHANGES

267862 CND A 254 4-5-4-12-5-16 FS $719,000- Pali Ke Kua #116A 717 #116A 1/1.00
271347 CND S 0 4-5-4-5-24-36 FS $671,727+ Nihilani #12C 1,972 #12C 3/3.00
SOLD 7/31/2014 for $671,727 (CNV) DOM 0

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

New Listings:

Plantation 212 makes it’s first appearance on the MLS since selling for $560K in 3/07. It is listed for $509K. Ali’i Kai 1203 is on the market for the first time since it was purchased in 10/80 for $135K. The list price if $535K.

Plantation 1612 is newly listed with a price of $599K after selling from the developer for $499K in 5/06.

Also new this week is Villas of Kamali’i 33 which sold recently in 10/13 for $640K. The current price is $749K. Sandpiper 120 came on the market priced at $344K showing as sold for the list price. The prior sale was for $439K in 2/05.

Back on the Market:

Puamana 10A went into escrow on 7/21 and unfortunately fell back out this week. It is still listed for the list price of $425 which is exactly what the seller paid for the unit in 11/13.

Sales:

As noted under new listings, Sandpiper 120 came on the MLS showing as sold for $344K. Ali’i Kai 12B sold for $385K cash while listed for $390K. The seller purchased this unit for $235K in 2/01.

The developer’s Nihilani 12C closed for the list price of $671,727. They only have one more unit to sell and then they’ll have completed the project. The price on this unit increased from $665K to the price noted above probably because of upgrades during construction.

Price Changes:

Pali Ke Kua 116 is now $719K down from $739K. The prior sale of this unit was in 3/01 for $415K. As previously noted, Nihilani 12C increased from $665K to $671,727 as closing.

Now on to your Princeville Kauai home update which was relatively brief:

NEW LISTINGS

275643 RES A 4 4-5-4-24-14 FS $769,000 4260 Waileia Pl 9, 529 sqft 1,632 3/2.00
275674 RES A 5 4-5-4-19-10 FS $1,599,000 5136 Napookala Cir 15,023 sqft 2,440 3/3.00

SALES

265031 RES S 290 4-5-4-13-13 FS $1,295,000 3647 Kaweonui Rd 10,836 sqft 2,879 4/3.00
SOLD 8/1/2014 for $1,100,000 (CASH) DOM 290

EXPIRED

265720 RES X 357 4-5-3-12-13 FS $1,450,000 3981 Aloalii Dr 8,261 sqft 3,712 4/4.00

PRICE CHANGES

274595 MTF, RES A 46 4-5-4-6-14 FS $949,000- 4140 Lei O Papa Rd 18,861 sqft 1,634 2/3.00
268963 RES A 238 4-5-4-14-25 FS $1,195,000- 3933 Kamehameha Rd 20,414 sqft 2,720 4/3.00

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

New Listings:

4260 Waileia Place is a new listing priced at $769K. It was purchased for $665K in 3/07. 5136 Napookala, which sold as land in 4/14 for $430K is now listed as a new home to be constructed by March 2015. The asking price is $1.599M.

Sales:

Ocean view 3647 Kaweonui sold for $1.1M cash while listed for $1.295M. The property sold previously for $730K in 12/02.

Expired:

After 357 market days, 3981 Aloali’i expired while priced at $1.450M. The prior sale was for $1,729,632 in 7/08.

Price Changes:

4140 Lei O Papa reduced from $1.150M to $949K. This property was purchased for $500K in 5/13 and extensively remodeled. There was a price reduction from $1.249M to $1.195M on 3933 Kamehameha which sold previously for $1.195M in 10/05.

Last August posted 87 sales and we’ve had 4 so far. We’ll just have to wait and see if August picks up some strength and surpasses last year. If you have any questions about these or any other Kauai properties, just drop me an email. I’m here to make sure you get the facts before buying or selling.

Aloha Elaine

graz
Graz, Austria

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

Princeville Kauai condo and house update for the week of Jul 20th to Jul 26th

Aloha,

There was quite a bit of activity across the board this past week, in both homes and condos. Nice to see something happening! Today, statistically, we are at 65 sales as we heard towards the target number of 95. Hopefully, all this activity will help us in beating that number. Take a look:

NEW LISTINGS

275487 CND A 2 4-5-3-6-22-72 FS $879,900 Kaiulani #72 1,892 #72 2/2.01
274793 CND A 5 4-5-4-12-9-1 FS $549,000 Pali Ke Kua #5 993 #5 2/2.00
275570 CND A 5 4-5-4-12-3-13 FS $750,000 Hanalei Bay Villas #13 1,244 #13 2/2.00

BACK ON THE MARKET

270140 CND A 186 4-5-4-11-3-29 FS $675,000 Hanalei Bay Resort #H23 1,324 #H-23 2/2.00

CONTINGENT SALES

272612 CND C 104 4-5-4-5-18-35 FS $425,000 Puamana #10A 1,510 #10A 2/2.00
275184 CND C 18 4-5-4-5-4-9 FS $439,000 Mauna Kai #9A 1,503 #9A 2/2.00

SALES

270858 CND S 111 4-5-4-5-13-29 FS $399,000 Kamahana #29 1,240 #29 2/2.00
SOLD 7/24/2014 for $372,000 (CNV) DOM 111

273282 CND S 24 4-5-4-12-5-9 FS $645,000 Pali Ke Kua Incr#109A 717 #109A 1/1.00
SOLD 7/24/2014 for $620,000 (CASH) DOM 24

272018 CND S 96 4-5-4-5-24-35 FS $675,000 Nihilani #12B 1,874 #12B 3/2.01
SOLD 7/21/2014 for $675,000 (CNV) DOM 96

PRICE CHANGES

265963 CND A 347 4-5-3-11-1-21 FS $697,500- Villas On The Prince #21 1,737 #21 3/3.00
267702 CND A 265 4-5-4-5-30-13 FS $450,000- Mauna Kai #F23 1,478 #F23 3/2.00
264548 CND A 396 4-5-4-5-23-64 FS $539,000+ Plantation #1622 1,318 #1622 3/3.00
275199 CND A 20 4-5-4-5-23-40 FS $589,000- Plantation #1022 1,318 #1022 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:

Ka’iuani 72, which was listed before from 2/08 to 4/08 for $1.295M and again from 12/10 to 1/12 for $890K, is now back on the market priced at $879,900. The prior sale was from the developer in 4/07 for $857,270.

Pali Ke Kua 5 returns to the market this week priced at $549K. This two bedroom mountain view condo sold previously for $500K in 10/04. It was last listed for $525K from 6/13 to 9/13.

Also returning is Hanalei Bay View 13 with a list price of $750K. This free standing condo last sold for $235K in 5/99 and was listed previously from 9/08 to 5/09 for $895K after which it was withdrawn.

Back on the Market:

Hanalei Bay Resort 5207/08 returned to the market still priced at $685K after expiring this week. The condo sold as a bank REO in 7/10 for $483,280.

Contingent:

Puamana 10A was priced at $425K as it went into escrow this week after 99 market days. This is exactly what the seller paid for this unit in 11/13. Mauna Kai 9A took only 13 days to find a buyer with a list price of $439K. The prior sale was for $315K in 10/10.

Sales:

Kamahana 29, a successful vacation rental priced at $399K sold for $372K. It was previously purchased for $$78K in 7/05. Ocean view Pali Ke Kua 109 was listed for $645K and sold for $620K cash. It only took 24 days to find a buyer. This condo was bought for $621,400 in 12/03. One of the developer’s few remaining Nihilani units, 12B, sold for the asking price of $675K.

Price Changes:

Villas on the Prince 17 went from $715K to $697,500. The prior sale was for $575K in 1/03. Mauna Kai F23 reduced $45K, going from $495K to $450K. It sold for $570K in 12/06.

Plantation 1622 increased from $499K to $539K after 390 market days. It sold previously for $399,901 in 8/12 as a bank owned property. Plantation 1022 just sold in 6/14 for $589K. It reduced this week from $599K to $589K. No idea why it is back on the market having just sold. Now on to your Princeville Kauai home update:

NEW LISTINGS

275325 RES A 5 4-5-4-24-13 FS $888,000 4254 Waileia Pl 9,572 sqft 1,627 3/3.00
275483 RES A 2 4-5-4-18-40 FS $1,095,000 4181 Kamalani Ln 9,309 sqft 2,115 3/2.01

BACK ON THE MARKET

270000 RES A 187 4-5-4-16-87 FS $899,000 4120 Nalani Ln 11,740 sqft 1,725 3/2.00

CONTINGENT SALES

274612 RES C 29 4-5-4-15-9 FS $599,000 3821 Haulani Pl 11,253 sqft 1,493 2/2.00
272397 RES C 117 4-5-4-24-15 FS $859,000 4266 Waileia Pl 8,811 sqft 1,874 3/3.00

EXPIRED

265450 RES X 163 4-5-4-16-20 FS $1,150,000 4066 Kaahumanu Pl 11,857 sqft 2,961 3/3.01

TEMPORARILY WITHDRAWN

275001 RES T 17 4-5-4-16-81 FS $698,000 4074 Nalani Ln 10,463 sqft 2,220 2/3.00

PRICE CHANGES

268192 RES A 143 4-5-4-10-43 FS $1,199,000- 5340 Honoiki Rd 10,181 sqft 2,257 4/3.00
268499 RES A 251 4-5-4-10-17 FS $870,000- 5275 Honoiki Rd 10,264 sqft 1,874 3/2.01
274612 RES C 29 4-5-4-15-9 FS $599,000- 3821 Haulani Pl 11,253 sqft 1,493 2/2.00
274184 RES A 53 4-5-4-13-80 FS $1,175,000- 3670 Albert Rd 12,314 sqft 3,060 3/2.01
271829 RES A 132 4-5-4-19-1 FS $1,199,500- 4165 Liholiho 25,212 sqft 3,235 4/2.01

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:

4254 Waileia Place is now listed for $888K after selling for $500K in 8/02. 4181 Kamalani Lane is a new listing priced at $1.095M. It was last purchased for $553K in 7/00. The home was built in 1987.

Back on the Market:

4120 Nalani returned to the market after expiring. This home was purchased for $700K in 8/08 and is priced at $899K.

Contingent:

Short sale 3821 Haulani Place had another price reduction to $599K down from $635K after which it went into escrow this week. It last sold for $800K in 5/06. 4266 Waileia Place is back in escrow priced at $859K. The last sales price for this home was $589K in 3/03.

Expired:

4066 Kaahumanu expired while priced at $1.150M. The prior sale was for land in 6/04 for $450K.

Temporarily Withdrawn:

4074 Nalani with a list price of $698K has been withdrawn after only 17 market days. The last sale of this property was in 1/86 for the land for a price of $38,500. The home was built in 87.

Price Changes:

5340 Honoiki went from $1.295K down to $1.199M. The prior sale price was $500K in 5/01. 5275 Honoiki has been on the market 246 days, and this week it made a price adjustment of $5K, going from $875K to $870K. This home was purchased for $385K in 7/98. As noted under contingent, 3821 Haulani reduced to $599K.

After 50 market days, 3670 Albert reduced from $1.2M to $1.175M. This home was purchased for $1.125M in 1/07. 4165 Liholiho reduced from $1.295K to $1.1995M. The last sale of this home was for $1.050M in 7/11.

Buyers keep hearing – as do I – about the many great loans that are out there. Recently, I was hoping to convert a condo tenant to a property owner and found 100% financing for them. While they qualified, the property, unfortunately, did not.

There are many ins and outs to obtaining financing for your intended purchase. When it comes to condos, many condo buyers don’t realize that to obtain the preferred interest rates and points, condos have to meet certain guidelines set by Fannie Mae, Freddie Mac, FHA, or VA. Even if you are an owner occupant your condo has to “qualify.” And if you’re an investor, it’s a whole different ballgame.

I’m not saying you can’t get a loan but I am saying you need to explore your financial options before jumping into the real estate game. If you’re thinking of a making a purchase and have not yet seen your lender, I strongly encourage you to do so. My second recommendation is that you contact a local lender. If you need help with finding a lender, please let me know as I can refer your to several.

Remember, preparation is half the battle. Don’t miss a good opportunity because your financing was not in order.

Aloha Elaine

Photo (1)

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Photo (12)

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Flowers found in Chudleigh, Devon, UK

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 Jul 13th to Jul 19th

Aloha,

Princeville condos continue to perform at a good pace with three new escrows this week. Homes were less active with several new listing but only one went into escrow. Here is you update for this past week:

NEW LISTINGS

275375 CND A 3 4-5-4-5-18-70 FS $350,000 Puamana #19D 1,228 #19D 2/2.00
275380 CND A 61 4-5-4-5-24-34 FS $575,000 Nihilani #12A 1 #12A 2/2.00
275370 CND A 4 4-5-4-6-1-50 FS $759,000 Villas Of Kamalii #50 1,825 #50 3/3.00
275223 CND C 5 4-5-4-15-21-54 FS $325,000 Sandpiper #217 1,173 #217 2/2.01

CONTINGENT SALES

271694 CND C 131 4-5-3-11-1-35 FS $648,900 Villas On The Prince #35 1,732 #35 3/3.00
275223 CND C 5 4-5-4-15-21-54 FS $325,000 Sandpiper#217 1,173 #217 2/2.01
269191 CND C 200 4-5-4-6-1-28 FS $749,000 Villas Of Kamalii #28 1,825 #28 3/3.00

SALES

271542 CND S 0 4-5-4-5-7-36 FS $460,000 Sealodge #D7 746 #D7 2/2.00
SOLD 7/7/2014 for $485,000 (CASH) DOM 0

PRICE CHANGES

270107 CND A 166 4-5-4-5-7-9 FS $325,000- Sealodge #B1 566 #B1 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:

Puamana 19D is listed for $350K after selling for $465K in 5/05. The developer’s Nihilani 12A returned to the market priced down at $575K from $595K. Villas of Kamali’i 50 last sold for $620K in 4/04, and came on the market this week for $759K.

Sandpiper 217 is new on the market priced at $325K. The prior sale was for $350K in 2/10. It was only on the market for 3 days before going into escrow. You’ll see it listed under “contingent.”

Contingent:

Villas on the Prince 35 was on the market for 130 days when it went into escrow priced at $648,900. It sold from the developer in 5/03 for $562K.

As noted above, Sandpiper 217 quickly found a taker. Villas of Kamali’i 28 found a buyer after 197 market days priced at $749K. It last sold for $690K in 9/04.

Sales:

Sealodge D7 came on the market showing a list price of $460K with a sale price of $485K cash. The prior purchase was for $720K in 3/05.

Price Changes:

Sealodge B1 reduced from $340K to $325K and last sold for $110K in 5/00. Now on to your Princeville home update:

NEW LISTINGS

275499 RES A 2 4-5-4-16-72 FS $1,185,000 4436 Emmalani Dr 10,034 sqft 3,444 4/3.00
275355 RES A 5 4-5-4-20-3 FS $1,395,000 5121 Kapiolani Lp 30,742 sqft 1,989 3/3.00
275393 RES A 3 4-5-4-8-46 FS $1,550,000 5055 Kapiolani Lp 12,526 sqft 2,586 5/3.00

CONTINGENT SALES

271732 RES C 131 4-5-3-12-33 FS $1,195,000 3998 Aloalii Dr 9,823 sqft 3,800 4/4.01

UNDER CONTRACT

270294 RES U 100 4-5-4-16-84 FS $1,179,000 4100 Nalani Ln 10,542 sqft 2,643 3/2.02

WITHDRAWN

268856 RES W 221 4-5-4-16-46 FS $1,450,000 4133 Rooke Pl 11,036 sqft 3,368 4/4.00

PRICE CHANGES

266845 RES A 289 4-5-4-23-15 FS $675,000- 4839 Moli Pl 7,486 sqft 1,291 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:

4436 Emmalani returns to the market with a new lower price of $1.185M after selling for $990K in 10/03. The home, which was built in 03, was previously on the market from 3/08 to 11/08 starting at $1.788M and reducing to $1.588M and again from 4/13 to 2/14 during which time it was priced at $1.285M.

5121 Kapiolani Loop sold for $1.3M in 3/13 and came on the market this week priced at $1.395M. Also new on Kapiolani is the home at 5055 listed for $1.055M. Built in 72, this home last sold for $295K in 9/88.

Contingent:

After 128 market days, 3998 Aloali’i, priced at $1.195M went into escrow. The prior sale was for land in 8/05 for $660K. The home was built in 06.

Under Contract:

4100 Nalani went from contingent to under contract and should be closing soon. Listed for $1.179K the prior sale was of the land in 11/02 for $210K.

Withdrawn:

4133 Rooke Place was priced at $1.450M when it was withdrawn after 221 market days. The prior sale was for $323K in 6/03. The house was built in 04.

Price Changes:

A price change from $699K to $675K went into effect this week for 4839 Moli Place, which last sold for $500K in 10/10.

As of today, Sunday, there have been 43 transactions. The target number is 93. With 167 properties in escrow and another 40 under contract, I’ll go out on the limb and say I think we’ll meet or exceed that number. Stay tuned to find out!

If you have questions about these or any other Kauai properties, please do not hesitate to email or text. That’s why I’m here, so you get the facts before buying or selling. Hope your Sunday is filled with Sun – it’s pouring here today. Maybe the sun will show it’s face later today.

Aloha Elaine

Check out these two beauties:

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Photo (4)

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 faces limited growth – Thegardenisland.com: Local

Kauai faces limited growth – Thegardenisland.com: Local.

Princeville Kauai condo/house update for the week of Jul 6th to Jul 12th

Aloha,

Here we are on July 13th with 31 sales already, well on our way to the magic number of 93, which is how many properties traded hands last July. This was a very busy week with plenty of new listings, some new escrows, closings, price changes – well, a little bit of everything. Take a look:

NEW LISTINGS

275139 CND A 5 4-5-3-6-22-74 FS $849,000 Kaiulani #74 1,892 #74 2/2.01
275182 CND A 5 4-5-3-6-22-3 FS $1,479,000 Kaiulani #3 2,843 #3 3/3.01
275173 CND A 5 4-5-3-6-22-7 FS $1,549,000 Kaiulani #7 2,864 #7 3/3.01
275184 CND A 3 4-5-4-5-4-9 FS $439,000 Mauna Kai #9A 1,503 #9A 2/2.00
275155 CND A 3 4-5-4-5-7-34 FS $475,000 Sealodge #D5 570 #D5 1/1.00
275199 CND A 5 4-5-4-5-23-40 FS $599,000 Plantation #1022 1,318 #1022 3/3.00
275347 CND A 1 4-5-4-12-11-45 FS $1,750,000 Puu Poa #403 1,752 #403 2/2.00

CONTINGENT SALES

267179 CND C 288 4-5-4-5-17-34 FS $390,000 Alii Kai #12B 1,020 #12B 2/2.00
273672 CND C 57 4-5-4-5-3-23 FS $498,800 Paniolo #210 1,058 #210 1/2.00

SALES

268586 CND S 144 4-5-4-12-3-14 FS $679,000 Hanalei Bay Villas #14 1,244 #14 2/2.00
SOLD 7/11/2014 for $630,000 (CNV) DOM 144

265703 CND S 288 4-5-4-12-9-24 FS $699,000 Pali Ke Kua #234 1,135 #234 2/2.00
SOLD 7/7/2014 for $685,000 (CASH) DOM 288

272806 CND S 3 4-5-4-6-1-49 FS $735,000 Villas Of Kamalii #49 1,825 #49 3/3.00
SOLD 7/9/2014 for $728,000 (CNV) DOM 3

WITHDRAWN

271350 CND W 56 4-5-4-5-24-34 FS $595,000 Nihilani #12A 1,406 #12A 2/2.00

PRICE CHANGES

275199 CND A 5 4-5-4-5-23-40 FS $599,000+ Plantation #1022 1,318 #1022 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:

Ka’iulani 74 returns to the market priced at $849K after selling from the developer for $898,250 in 4/07. It was previously listed from 7/09 to 12/09 for $979K, from 2/10 to12/10 starting at $879K and reducing to $799,950 again from 8/12 to 12/12 for $749K and most recently from 9/13 to 12/13 for $849K.

The developer’s Ka’iulani 3 returned to the market priced at $1.479M. This townhome has been listed 4 times before, starting in 12/06. The highest list price was $1.995M in 08 while the lowest was $1.350M in 2012. Returning with #3 is another of the developer’s units, Ka’iulani 7 priced at $1.549M. Like unit 3, this townhome has been listed 4 times before with a high of $1.995M in 08 to a low of $1.395M in 2011.

Mauna Kai 9A is listed for $439K after selling for $315K in 10/10. Sealodge D5 was recently purchased for $435K in 7/13 and is returning a year later priced slightly higher at $475K.

Plantation 1022 sold just last month for $589K on 6/5/14. It wasted no time coming back on the market priced first at $598K then correcting to $599K. Unknown why it is being re-sold so soon.

Top floor Pu’u Po’a 403 makes it’s first MLS appearance as a new listing priced at $1.750M since selling for $1.761M in 6/06.

Contingent:

Ali’i Kai 12B found a buyer while listed for $390K. The prior sale was for $235K in 2/01. Upstairs Paniolo 210 went into escrow with a list price of $498,800. The seller purchased this condo as a leasehold unit in 6/01 for $112K and converted it to fee simple in 5/03 for $50K.

Sales:

Hanalei Bay Villas 14 was purchased for $630K while listed for $679K. The prior sale was for $235K in 2/96.

Ocean view Pali Ke Kua 234 closed for $685K cash while listed for $699K. The prior purchase was for $160K in 11/95 as a leasehold and converted to fee simple for $43,800 in 12/99.

Villas of Kamali’i took only 3 days to find a buyer, and closed this week at $728K while listed for $735K. This town home was purchased from the developer in 10/03 for $509.400.

Withdrawn:

The developer’s sole remaining Nihilani, unit 12A, priced at $595K was withdrawn from the market after 56 market days.

Price Changes:

As noted under new listings, the price of Plantation 1022 was adjusted from $589K to $599K upon coming on the market. Now on to your Princeville Kauai home update:

NEW LISTINGS

275001 RES A 5 4-5-4-16-81 FS $698,000 4074 Nalani Ln 10,463 sqft 2,220 2/3.00
275028 RES A 4 4-5-4-10-42 FS $975,000 5332 Honoiki Rd 10,068 sqft 2,907 3/2.00
274972 RES A 5 4-5-4-13-34 FS $1,500,000 3564 Kaweonui Rd 14,070 sqft 3,361 5/4.01

BACK ON THE MARKET

272397 RES A 102 4-5-4-24-15 FS $859,000 4266 Waileia Pl 8,811 sqft 1,874 3/3.00
269086 RES A 208 4-5-4-18-20 FS $999,000 4173 Kalani Pl 10,630 sqft 3,464 3/3.01
268963 RES A 217 4-5-4-14-25 FS $1,249,000 3933 Kamehameha Rd 20,414 sqft 2,720 4/3.00

SALES

265764 RES S 255 4-5-4-24-11 FS $790,000 4240 Waileia Pl 12,336 sqft 2,181 3/2.00
SOLD 7/10/2014 for $745,000 (CNV) DOM 255

267125 RES S 260 4-5-4-9-62 FS $1,095,000 5371 Honoiki Rd 16,710 sqft 0 3/3.00
SOLD 7/10/2014 for $1,055,000 (CASH) DOM 260

PRICE CHANGES

274612 RES A 14 4-5-4-15-9 FS $635,000- 3821 Haulani Pl 11,253 sqft 1,493 2/2.00
268933 RES A 208 4-5-4-10-10 FS $739,000- 4115 Kekuanaoa Ln 9,969 sqft 1,228 3/2.00
273624 RES A 53 4-5-4-21-17 FS $825,000- 4910 Akai Pl 13,548 sqft 2,106 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:

We have three brand new, never before listed homes this week: 4074 Nalani makes it’s first appearance priced at $698K. The prior sale was for land in 3/86 for $38,500. The house was built the following year.

Also newly listed is 5332 Honoiki, priced at $975K for a golf course home with mountain and ocean views. This home is also within walking distance of the amenities at Hanalei Bay Resort and the beach. The prior sale was for the land back in 4/73 for $25,100. The home was built in 1974.

3564 Kaweonui offers some ocean and valley views for $1.5M. The prior sale was for land in 3/98 for $160K. The home was built later that year.

Back on the Market:

More homes fell out of escrow this week – 4266 Waileia Place went into escrow on 6/26 priced at $859K and came back on the market. 4172 Kalani went into escrow on 6/16 while priced at $999,000 and is also unfortunately, back on the market. After expiring last week, 3933 Kamahameha is back on the market at the same price of $1.249M.

Sales:

4240 Waileia Place was purchased as a short sale in 3/11 for $585K, and sold this week for $745K while priced at $790K. That was certainly a good buy for the seller!

5371 Honoiki also yielded a profit although it was owned quite a bit longer. This home sold for $375K in 4/02 and closed for $1.055M while priced at $1.095M.

Price Changes:

Short sale 3821 Haulani Place reduced from $699K to $674K after only 11 market days. It then reduced from $674K to $635K the following day. The seller purchased this 2 bedroom home in 5/06 for $800K.

4115 Kekuanaoa Lane reduced from $799K to $739K after 206 market days. It sold previously for $600,250 in 6/08. 4910 Akai Place made a $50K price reduction, going from $875K to $825K. The last sale of this property was for $460K in 10/02.

As you can see, there was activity on every front this past week. It looks like there are plenty of buyers out there looking and making offers, although not all of them are holding together. I’m surprised the house on Haulani hasn’t sold yet and I expect that the home on Nalani will go quickly. It’s also nice to see some totally new properties on the market instead of the same old ones cycling through again and again.

If you’re interested in any of these or any other Kauai properties, please let me know. I’m here to make sure you get the facts before buying or selling. Have a wonderful week!

Aloha Elaine

Below: Lunch by the pool at the Princeville Westin Resort.

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

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