Princeville Kauai condo / house update for Jan 24th to Jan 30th

Aloha from Princeville Kauai!

Jan 16 is off to a good start, easily surpassing the 67 sales from Jan 15 by 9% – with 73 sales as of today, Sunday. There may still be a few that haven’t reported yet so I’ll update you on the final total next week.

Overall, there was quite a bit of activity, especially in condos, with 3 new listings, 4 escrow and 2 sales. Interest rates are still good and there are still good opportunities to purchase. Take a look:

NEW LISTINGS

292406 CND A 0 $329,900 4-5-4-5-39-39 FS Cliffs #2109 917 #2109 1/2.00
292260 CND A 5 $634,500 4-5-4-5-23-39 FS Plantation #1021 1,318 #1021 3/3.00
292413 CND C 3 $1,345,000 4-5-3-6-22-4 FS Kaiulani #4 2,843 #4 3/3.01

CONTINGENT SALES

292413 CND C 3 $1,345,000 4-5-3-6-22-4 FS Kaiulani #4 2,843 #4 3/3.01
285115 CND C 237 $425,000 4-5-4-12-2-7 FS Hale Moi #107 1,033 #107 1/2.00
288913 CND C 72 $620,000 4-5-4-12-3-5 FS Hanalei Bay Villas #5 1,244 #5 2/2.01
288023 CND C 137 $699,000 4-5-4-5-16-18 FS Alii Kai #3102 1,086 #3102 2/2.00

SALES

279672 CND S 368 $1,249,000 4-5-3-6-22-40 FS Kaiulani #40 2,430 #40 3/3.01
SOLD 1/26/2016 for $1,106,000 (CASH) DOM 368

291054 CND S 15 $385,000 4-5-4-5-4-4 FS Mauna Kai #4A 1,503 #4A 2/2.00
SOLD 1/28/2016 for $366,000 (CASH) DOM 15

WITHDRAWN

287848 CND W 146 $1,550,000 4-5-3-6-22-42 FS Kaiulani #42 2,430 #42 3/3.01

PRICE CHANGES

289776 CND A 67 $375,000- 4-5-4-5-18-14 FS Puamana #4B 1,298 #4B 2/2.00
287363 CND A 94 $385,999- 4-5-4-5-18-28 FS Puamana #8A 1,214 #8A 2/2.00

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

New Listings:

Cliffs 2109 sold for $375K in 5/09 and is now listed for $329,900.

Priced at $634,500, Plantation 1021 is newly listed since selling for $590K in 6/15.

Kaiulani 4, with a list price of $1.345M, is one of the developer’s few remaining units. It was on the market from 12/06 to 1/08 for $1.9M and again from 9/13 to 11/14 for $1.479M. Apparently, the third time is a charm as it only took 1 day to go into escrow.

Contingent:

As noted above, Kaiulani 4 quickly found a buyer. Hale Moi 107, priced at $425K found a buyer after 232 market days. The seller bought this unit for $160K in 4/01.

After only 67 market days, Hanalei Bay Villas 5 found a buyer while listed for $620K. The seller bought this unit for $240K in 7/96.

Ocean view Alii Kai 3102 is in escrow while listed for $699K. The last purchase was for $940K IN 9/06.

Sales:

Kaiulani 40 sold for $1.106M cash while listed for $1.249M. The last purchase was for $950K in 4/12. Mauna Kai 4A sold for $366K cash with a list price of $385K. Still a lot of cash out there!

Withdrawn:

Kaiulani 42, which sold from the developer for $1,699,270 in 2/07, was withdrawn from the market after 146 market days priced at $1.550M.

Price Changes:

Puamana 4A went from $389K to $375K and last sold for $270K in 1/11. Puamana 8A reduced from $398K to $385,999. The prior purchase was for $322K in 1/04.

Now on to your Princeville Kauai single family home update:

CONTINGENT SALES

286129 RES C 193 $949,000 4-5-4-18-23 FS 4691 Emmalani Dr. 10,526 sqft 2,229 3/2.01

SALES

290792 RES S 15 $649,000 4-5-4-9-50 FS 5295 Pokii Lane 10,831 sqft 1,312 2/2.00
SOLD 1/28/2016 for $600,000 (CASH) DOM 15

287706 RES S 86 $835,000 4-5-4-13-82 FS 3684 Albert Rd 11,847 sqft 2,160 3/3.00
SOLD 1/28/2016 for $810,000 (CNV) DOM 86

WITHDRAWN

282979 RES W 301 $1,430,000 4-5-3-11-34 FS 4080 Aloalii Dr 11,096 sqft 2,794 3/3.01

PRICE CHANGES

286501 RES A 170 $949,000- 4-5-4-14-29 FS 3899 Kamehameha Rd 14,113 sqft 2,295 4/3.00
289642 RES A 67 $1,149,000- 4-5-4-19-25 FS 5137 Napookala Cir 15,482 sqft 2,288 3/2.00
286552 RES A 82 $1,188,000- 4-5-4-20-23 FS 5135 Iolani Pl 9,873 sqft 3,031 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.

Contingent:

4691 Emmalani,with a list price of $949K, is now in escrow. The last sale was for $667,500 in 6/03.

Sales:

5295 Pokii Lane was priced at $649K and sold for $600K cash in 15 days on the market. There is no record of the prior sale.

3684 Albert sold for $810K while listed for $835K. The sellers bought his home for $549K in 1/12.

Withdrawn:

4080 Aloalii was withdrawn after 301 market days priced at $1.430M. The seller bought this home for $1.695K in 3/07.

Price Changes:

3899 Kamehameha is now $949K, down ever so slightly from $954K.The seller bought this home for $800K in 5/13.

5137 Napookala reduced from $117.8M to $114.9M. The last sale was for $1.280M in 6/05.

Now priced at $1.188M, 5125 Iolani Place was previously listed for $1.238M. The prior purchase was for $521,200 in 10/01.

I had the pleasure of showing property on the South Shore Friday. It was a spectacular day, with the whales out in full force as we viewed a couple of ocean front condos. As much as I love the North Shore, I have to admit that for proximity to the ocean, since you’re not up on a bluff, you’re can get much closer in some of the South Shore condos.

I also had a chance to browse the shops and restaurants at Kukui’ula, and got hungry just looking around. The Eating House 1849, Tortilla Republic Grill, Merriman’s Fish House, Tapas at Kukui’ula – the list actually goes on! For casual dining there is Bubba Burgers, Dolphin Sushi, Living Foods Market and Cafe, Savage Shrimp and more! If you haven’t been to the Kukui’ula shops, bring your appetite and take your pick!

Think I’ll have to plan a few days South so I can do some restaurant reviews. Although I’m definitely a North Shore girl, the South Shore is always a good time!

If you’re looking to buy North or South Shore, get the facts before doing so. That’s why I’m here. Enjoy your Paradise wherever it may be.

Aloha from Princeville Kauai, Elaine

IMG_475560522
I’ll be posting some more of my Africa pics later but here’s a beautiful Kauai evening sun for you.

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

Aloha from Princeville Kauai!

This was a busy week for condos, but not so much for houses. Overall, the months is going strong with 54 sales, trying to surpass the 67 from Jan 15. We have one week to go. With 37 properties Islanwide currently under contract and another 172 in escrow, there’s a good chance we’ll make it. Now on to your update:

NEW LISTINGS

291474 CND A 4 $469,000 4-5-4-12-2-12 FS Hale Moi #112 1,033 #112 1/2.00

BACK ON THE MARKET

291744 CND A 7 $679,000 4-5-4-5-24-21 FS Nihilani #7C 1,972 #7C 3/3.00

CONTINGENT SALES

288518 CND C 89 $635,000 4-5-3-11-1-2 FS Villas On The Prince #2 1,737 #2 3/3.00
282683 CND C 43 $360,000 4-5-4-15-21-7 FS Sandpiper Village #107 1,042 #107 2/2.00

SALES

289783 CND S 192 $729,000 4-5-4-6-1-50 FS Villas Of Kamalii #50 1,825 #50 3/3.00
SOLD 1/22/2016 for $715,000 (CASH) DOM 192

UNDER CONTRACT

282868 CND U 296 $670,000 4-5-4-5-39-161 FS Cliffs #7203 1,864 #7203 4/4.00

EXPIRED

280588 CND X 364 $669,000 4-5-3-11-1-33 FS Villas On The Prince #331,732 #33 3/3.00

PRICE CHANGES

290336 CND A 60 $599,000- 4-5-4-12-10-42 FS Emmalani Court #525 1,456 #525 2/2.00
287156 CND A 152 $850,000+ 4-5-4-12-5-9 FS PALI KE KUA #109 717 #109A 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:

Hale Moi 112 sold in 3/99 for $96K and is newly listed for $469K.

Back on the Market:

After being quickly withdrawn after the initial listing, Nihilani 7C is back on the market priced at $679K. The seller bought this unit for $470K in 4/11.

Contingent:

Villas on the Prince 2, priced at $635K went into escrow. The seller bought this townhome for $875K in 10/05.

Sandpiper 107, priced at $360K, found a buyer while listed for $360K. It last sold for $365K in 9/04.

Sales:

Villas of Kamalii 50 sold for $715K cash while listed for $729K. The seller paid $620K in 4/04.

Under Contract:

Cliffs 7203 moved directly into under contract from being an active listing. Priced at $670K, this unit sold previously for $875K in 10/05.

Expired:

With a price of $669K, and after 364 market days, Villas on the Prince 33 expired without finding a buyer. The prior sale was for $555K in 8/03.

Price Changes:

Emmalani Court 525 is down from $6244,500 to $599K. The seller paid $475K in 6/09 for this unit.

Pali Ke Kua 109 increased from $795K to $850K. The last purchase was for $620K in 7/14.

Now on to your Princeville Kauai single family home update where there was minimal activity:

NEW LISTINGS

291919 RES A 4 $1,100,000 4-5-3-11-37 FS 4096 Aloalii Dr 9,661 sqft 2,227 4/3.00
291847 RES A 4 $1,399,000 4-5-3-12-36 FS 4020 Aloalii Dr 9,161 sqft 2,702 3/3.00
291851 RES A 4 $1,035,000 4-5-4-21-11 FS 3856 Kaweonui Rd 10,796 sqft 2,442 3/2.01

BACK ON THE MARKET

285768 RES A 205 $1,499,000 4-5-4-19-10 FS 5136 Napookala Cir 15,023 sqft 2,440 4/3.00

PRICE CHANGES

286501 RES A 163 $954,000- 4-5-4-14-29 FS 3899 Kamehameha Rd 14,113 sqft 2,295 4/3.00
285598 RES A 211 $1,290,000- 4-5-4-16-46 FS 4133 Rooke Pl 11,036 sqft 3,368 4/4.00

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

New Listings:

4096 Aloalii is listed for $1.1M. The last sale was for land in 10/00 for $125K. Also new on Aloalii is 4020 Aloalii priced at $1.399M. This home was purchased in 12/13 for $1.230M.

With a list price of $1.935M, 3856 Kaweonui is now on the market. The most recent sale was in 3/06 for $985M. It was listed previously from 6/08 to 5/09, starting at $1,397,500 and ending at $1.175M.

Back on the Market:

5136 Napookala Circle went into escrow on 12/29 but is unfortunately, back on the market still priced at $1.499M. The prior sale was for land in 4/14 for $430K.

Price Changes:

3899 Kamehameha was priced at $959K and made a very minor reduction to $954K.

4133 Rooke Place was purchased as land in 6/03 for $323K, after which the home was built in 2004. It reduced in price from $1.350M to $1.290M.

We’re off to a good start this new year with many buyers looking to finally own their piece of Paradise. While viewing properties online, buyers often look at taxes and HOAS (for condos) in an effort to understand potential expenses as a property owner. You should be aware that HOA’s can and do increase when deemed necessary by the Board. More importantly, taxes are determined by USAGE and not ZONING. What a senior citizen homeowner in their principal residence pays in taxes will be quite different if the property is purchased as an investment and used as a vacation rental. More on this next time.

Enjoy your Paradise, wherever it may be!

Aloha from Princeville Kauai,

Elaine

Rhino zebra
Most animals move off when the mighty rhino appears but this young Zebra seems not to care.

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

RE/MAX Kauai
POB 223609
Princeville, HI 96722

Cell: 808 639 2935
soldonkauai@gmail.com

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

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

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

Aloha with news from Princeville Kauai!

It was a very busy week, especially for condos. Let’s get right to it!

NEW LISTINGS

291166 CND A 1 $419,000 4-5-4-12-9-26 LH Pali Ke Kua #236 #236 /0.00
290997 CND A 2 $495,000 4-5-4-5-18-63 FS Puamana 17D 1,298 #17D 2/2.00
291760 CND A 5 $699,000 4-5-4-11-3-122 FS Hanalei Bay Resort #2311 867 #2311/​12 1/2.00
291869 CND A 3 $890,000 4-5-4-11-3-35 FS Hanalei Bay Resort #5303 1,324 ##5303/​4 2/2.00
291763 CND A 5 $995,000 4-5-4-12-5-20 FS Pali Ke Kua #202 1,127 #202C 2/2.00
291744 CND X 1 $679,000 4-5-4-5-24-21 FS Nihilani #7C 1,972 #7C 3/3.00

CONTINGENT SALES

265147 CND C 919 $539,000 4-5-4-5-24-95 FS Nihilani #32B 1,406 #32B 2/2.01

SALES

285610 CND S 53 $399,000 4-5-4-5-4-9 FS Mauna Kai #9A 1,503 #9A 2/2.00
SOLD 1/11/2016 for $370,000 (CNV) DOM 53

285252 CND S 132 $629,000 4-5-4-5-24-69 FS Nihilani #23C 1,972 #23C 3/3.00
SOLD 1/15/2016 for $604,000 (CNV) DOM 132

EXPIRED

291744 CND X 1 $679,000 4-5-4-5-24-21 FS Nihilani #7C 1,972 #7C 3/3.00

WITHDRAWN

286165 CND W 152 $1,975,000 4-5-3-6-22-22 FS Kaiulani #22 2,864 #22 3/3.01

PRICE CHANGES

284181 CND A 247 $469,007- 4-5-4-5-39-186 LH Cliffs #8306 1,186 #8306 2/2.00
286898 CND A 142 $743,000- 4-5-4-12-9-27 FS Pali Ke Kua#237 1,135 #237 2/2.00

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

New Listings:

Leasehold Pali Ke Kua 236 has a list price of $419K. The last sale was for $250K in 12/13. It was listed once before from 8/07 to 1/08 for $530K.

Puamana 17D sold for $395K in 8/04 and is now listed for $495K.

Hanalei Bay Resort 2311/12 is newly listed for $699K since last selling for $525K in 2/07. Hanalei Bay Resort 5303/04 sold for $349K in 7/00 and is now listed for $890K. It was listed before from 6/10 to 6/11 for $995K and again from 12/11 to 12/13 starting at $899K and reducing to $889K.

Pali Ke Kua 202 is priced at $995K. The prior purchase was for $682,500 in 10/03.

Nihilani 7C is newly listed for $679K. The last sale for this unit was in 4/11 for $470K. As soon as it was listed, it then showed as expired, and you’ll see it under the “expired” portion of this update also.

Contingent:

Nihilani 32B finally found a buyer after 918 days while listed for $539K. The seller paid $679,295 for this unit in 1/06.

Sales:

Mauna Kai 9A sold for $370K while priced for $399K. The last sale was for $445K in 10/14.

Nihilani 23C closed at $604K while priced at $629K. The condo last sold as an REO for $469,900 in 4/11.

Expired:

As noted above, Nihilani 7C came on the market and immediately expired.

Withdrawn:

After 152 days, Kaiulani 22,with a list price of $1.975M, was withdrawn. The seller bought this unit for $1,758,070 from the developer in 11/07.

Price Changes:

Cliffs 8306 reduced to $469K from $479K and last sold for $305K in 12/12. Pali Ke Kua 237 is now priced at $743K down from $799K. The last sale was for $750K in 2/05.

Now on to your Princeville single family home update:

NEW LISTINGS

291875 RES A 4 $985,000 4-5-4-16-30 FS 4988 Emmalani Dr 12,969 sqft 2,719 3/4.00
291764 RES A 3 $1,075,000 4-5-4-10-5 FS 4126 Liholiho Rd 9,969 sqft 2,439 3/2.01
292025 RES A 1 $2,195,000 4-5-4-9-35 FS 4231 Kekuanaoa Ln 13,014 sqft 3,177 3/3.01

CONTINGENT SALES

290100 RES C 12 $1,295,000 4-5-4-18-20 FS 4173 Kalani Pl 10,630 sqft 3,464 3/3.01

SALES

280005 RES S 322 $825,000 4-5-4-21-27 FS 4871 Akai Pl 11,486 sqft 1,772 3/2.00
SOLD 1/11/2016 for $805,000 (CASH) DOM 322

EXPIRED

281270 RES X 337 $895,000 4-5-4-18-38 FS 4187 Kamalani Ln 9,526 sqft 1,634 3/2.01
273993 RES X 562 $929,000 4-5-4-9-17 FS 4206 Liholiho Rd 10,407 sqft 2,263 3/2.01

PRICE CHANGES

286131 RES A 183 $685,000- 4-5-4-23-38 FS 3812 Iluna Place, Princeville 6,895 sqft 1,310 3/2.00
263603 RES A 936 $949,000- 4-5-4-13-6 FS 3695 Kaweonui Rd 11,121 sqft 2,428 4/2.00

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

New Listings:

4988 Emmlani is priced at $985K since selling for $608K in 8/14. 4120 Lihiliho returns to the market as a new listing priced at $1.075M since selling for $977,500 in 3/06. It was listed for $1.495M from 5/06 to 1/08 and again at the same price from 2/08 to 6/08.

4231 Kekuanaoa is now listed for $2.195M. The seller bought this home for $1.617M in 12/14. It was previously listed from 12/14 to 12/15 starting at $2.495M, reducing to $2.195M by the end of the listing.

Contingent:

4173 Kalani Place is now in escrow after only 12 days priced at $1.295M. The last sale was for $880K in 7/15.

Sales:

Priced at $825K, 4871 Akai place closed at $805K cash. The seller bought this home for $860K in 10/05.

Expired:

4187 Kamalani Lane expired after 337 days priced at $895K. The last sale was for $845K in 11/04. After 562 days, 4206 Liholiho expired while priced at $929K. The seller bought this home in 8/90 for $520K.

Price Changes:

3812 Iluna Place reduced to $685K from $699K. The seller bought this home for $510K in 2/10. 3695 Kaweonui is $949K, down from $999,999. It sold for $575K in 10/09.

3695 Kaweonui made a small reduction from $999,999 to $949K. This home was purchased for $575K in 10/09.

That’s it for this week.

Enjoy your Paradise, wherever it may be.

Aloha Elaine

giraffe

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

RE/MAX Kauai
POB 223609
Princeville, HI 96722

Cell: 808 639 2935
soldonkauai@gmail.com

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

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

Princeville Kauai condo / house update for Jan 3rd to Jan 9th

Aloha with news of Princeville Kauai,

It was a fairly busy week for new condo listings, with 5 new ones. The 3 others show as new due to the agent moving to a different brokeage. Take a look below:

NEW LISTINGS

284345 CND A 5 $479,000 4-5-4-5-17-26 FS Alii Kai #11B 1,020 #11B 2/2.00
291752 CND A 1 $575,000 4-5-4-5-18-50 FS Puamana #14B 1,298 #14B 2/2.00
291606 CND A 1 $575,000 4-5-4-12-9-9 FS PALI KE KUA #13 1,135 #13 2/2.00
291701 CND A 2 $619,000 4-5-4-12-10-16 FS Emmalani Court #314 1,192 #314 2/2.00
284343 CND A 5 $665,000 4-5-4-5-39-198 FS Cliffs #9302 1,137 #9302 2/2.00
291749 CND A 1 $749,900 4-5-4-6-1-54 FS Villas Of Kamalii #54 1,767 #54 3/3.00
291660 CND A 1 $989,000 4-5-4-12-8-5 FS Pali Ke Kua #119 763 #119 1/1.00
291201 CND A 5 $1,895,000 4-5-4-12-11-43 FS Puu Poa #401 1,359 #401 2/2.00

CONTINGENT SALES

291054 CND C 17 $385,000 4-5-4-5-4-4 FS Mauna Kai #4A 1,503 #4A 2/2.00
290033 CND C 24 $410,000 4-5-4-15-21-64 FS Sandpiper #227 1,173 #227 2/2.01

SALES

287917 CND S 3 $385,000 4-5-4-15-21-53 FS Sandpiper #216 1,173 #216 3/2.01
SOLD 1/4/2016 for $400,000 (CASH) DOM 3

EXPIRED

279774 CND X 377 $595,000 4-5-4-5-16-43 FS Alii Kai #5203 1,085 #5203 2/2.00

PRICE CHANGES

286638 CND A 99 $375,000- 4-5-4-15-21-3 FS Sandpiper #103 1,042 #103 2/2.00
288023 CND A 116 $699,000- 4-5-4-5-16-18 FS Alii Kai #3102 1,086 #3102 2/2.00

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

New Listings:

Several of the listings that show new this week are because the agent changed brokerages. These listings are Alii Kai 11B priced at $479K, Cliffs 9302 priced at $665K and Puu Poa 401 with a list price of $1.895M.

New this week is Puamana 14B priced at $575. The last sale was for $465K in 5/13.

Pali Ke Kua 13 is priced at $575K. The sellers bought this unit for $425K in 3/13. Emmalani court 314, which last sold for $341,900 in 6/11, is newly listed, priced at $619K.

Villas of Kamalii 54 sold for $607,500 in 11/03 and is listed for $749,900. It was listed previously from 5/06 to 1/07 starting at $1.150M and reducing to $1.095M and again from 6/10 to 1/12 for $799K.

Pali Ke Kua 119 is priced at $989K and last sold for $807,500 in 10/07.

Contingent:

Mauna Kai 4A went into escrow after only 16 days while priced at $385K. The prior purchase was for $142K in 3/87.

After 23 days, Sandpiper 227 found a buyer while listed for $410K. The seller bought this 2 bedroom unit in 10/02 for $250K.

Sales:

Sandpiper 216 sold for $400K cash in only 3 days while listed for $385K. It sold for $391K in 5/08.

Expired:

Alii Kai 5203 expired while listed for $595K after 377 market days. The last purchase was for $874K in 8/05.

Price Changes:

Sandpiper 103 is now $375K, down slightly from the prior list price of $379K. The last sale was for $275K in 10/03. Alii Kai reduced from $725K to $699K. The last purchase was for $940K in 9/06.

Now on to your Princeville single family home update which had one new escrow and one sale. The 3 listings that appear as new are due to an agent changing their brokerage affiliation.

NEW LISTINGS

290010 RES A 2 $849,000 4-5-4-16-18 FS 4060 Ka’ahumanu Pl 11,792 sqft 2,364 3/3.00
279777 RES A 5 $849,000 4-5-4-17-18 FS 4944 Emmalani Dr 10,500 sqft 2,100 3/2.01
290100 RES A 5 $1,295,000 4-5-4-18-20 FS 4173 Kalani Pl 10,630 sqft 3,464 3/3.01

BACK ON THE MARKET

290010 RES A 2 $849,000 4-5-4-16-18 FS 4060 Ka’ahumanu Pl 11,792 sqft 2,364 3/3.00
263603 RES A 929 $999,999 4-5-4-13-6 FS 3695 Kaweonui Rd 11,121 sqft 2,428 4/2.00

CONTINGENT SALES

288590 RES C 100 $1,195,000 4-5-3-12-12 FS 3985 Aloalii Dr 8,554 sqft 3,340 2/3.00

SALES

287349 RES S 80 $1,275,000 4-5-4-16-25 FS 4989 Emmalani Dr 11,744 sqft 2,700 3/2.01
SOLD 1/7/2016 for $1,135,000 (CNV) DOM 80

EXPIRED

280296 RES X 358 $2,495,000 4-5-4-7-34 FS 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:

Three listings show as new because the list agent changed brokerages. These are 4060 Kaahumanu, 4944 Emmalani and 4173 Kalani. 4060 Kaahumanu fell out of escrow as the agent was changing brokerages so it also shows as back on the market. See below.

Back on the Market:

4060 Kaahumanu fell out of escrow and is back on the market priced at $849K. It was purchased for $600K in 4/11. 3695 Kaweonui expired and is now back on the market still priced at $999,999. The seller bought this home for $575K in 10/09.

Contingent:

3985 Aloalii drive, priced at $1.195M is in escrow. It sold in 5/07 for $975K.

Sales:

4989 Emmalani was priced at $1.275M and sold for $1.135M. The last sale was for $84K in $78K.
Expired:

3824 Punahale expired while listed for $2.495M. It was on the market for 358 days. The last sale was for land in 1/01 for194K. The house was built in 04.

As of today, Sunday, we have 17 sales. Hopefully th emarket will continue with the momentum demonstrated in December. If you need the facts before buying or selling, you know where to email or text me. That’s why I’m here- to make sure you get the facts.

Aloha Elaine

Brothers

This pride consisted of 10 of these magnificent animals. These two are brothers. We didn’t seem to bother them in the least.

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

RE/MAX Kauai
POB 223609
Princeville, HI 96722

Cell: 808 639 2935
soldonkauai@gmail.com

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

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

Kauai December 2015 Market Statistics

Aloha and Happy New Year!

I hope your New Year is getting off to a great start. Dec 15 closed out the year by posting 89 sales; a strong 11% increase over the 80 sales from last Dec. It was a win in terms of beating out Dec 14, as well as Dec 13 with only 85 sales but fell short of the 94 sales posted in Dec 12. Dec 10, which typically has the lowest numbers of the last 6 years, had 80 sales while Dec 11 posted a paltry 49. There certainly wasn’t much Christmas cheer that year.

Year to date is just a bit behind, with 1002 posted for 2014 compared to 1000 for 2015. 2013 had 1000 sales, while 2012 posted 891, followed by 762 in 2011 and, true to form 2010 was the lowest with 719 sales.

Sales volume is up by 18% for Dec 15 with $78M in sales compared to Dec 14 with $66M. This is even more than Dec 13 with $70M and Dec 12 with $73M. Dec 11 posted a feeble $30M while Dec 10 came with $68M.

Year to date, 2015 ended with $771M in sales, up 18% from the $651M sold in 2014. 2013 had $578M in sales, 2012 $524M, 2011 posted $437M while 2010 brought up the rear with only $418M in sales.

Median sales price for single family residential for the month of Dec was $580K, down 22% from last Dec’s median of $875K. Keep in mind these are median prices and not averages. Dec 13’s residential median was $454,500, Dec 12 – $460K, Dec 11 – $527750 and Dec 10 was $535K.

Condos had a median of $379K for Dec 15 compared to the median of $385K for Dec 14. For Dec 13 the condo median price was $380K, Dec 12’s was $272,500, Dec 11 came in at $218,500 and Dec 10 brought up the rear, again, with a median of $215K.

To view the full MLS statistical reports as compiled by the Hawaii Information Services, please click here where I post it each month.

So far we are off to a good start with 17 sales. For Jan the the number to surpass is 67 as posted for Jan 15.

Here’s to a great real estate year for all of you looking to buy your piece of paradise and also for those of you who are selling and moving on to a paradise of a different type. If you need help buying or selling, remember to get the facts first. That’s why I’m here – just text or email for information.

Aloha Elaine

beach

The bush equivalent of lounging at the beach.

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

RE/MAX Kauai
POB 223609
Princeville, HI 96722

Cell: 808 639 2935
soldonkauai@gmail.com

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

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

Princeville Kauai condo / house update for Dec 27th to Jan 2nd

Aloha with news of Princeville Kauai!

First of all – I’d like to wish you a very Hau’oli Makahiki Hou – filled with love, health, peace and prosperity —- and your own piece of paradise, wherever it may be. Dec 15 closed with rush, posting 82 sales which barely surpassed the 80 sales of Dec 14. Year to date we ended up with 992 sales compared to 1002 for last year.

Sales seem to be holding steady – and we are all looking forward to a great 2016. If you find yourself interested in buying or selling, get the facts before making a move. That’s why I’m here! It was not a busy week, as you might expect, but there was one new escrow in condos and two homes found a buyer. Here is your update:

NEW LISTINGS

291364 CND A 1 $639,999 4-5-4-5-16-51 FS Alii Kai #6103 1,088 #6103 2/2.00

CONTINGENT SALES

279672 CND C 372 $1,249,000 4-5-3-6-22-40 FS Kaiulani #40 2,430 #40 3/3.01

SALES

286922 CND S 79 $369,000 4-5-4-5-39-69 FS Cliffs #3201 963 #3201 1/2.00
SOLD 12/31/2015 for $350,000 (CASH) DOM 79

275836 CND S 450 $479,000 4-5-4-5-23-6 FS Plantation #212 1,153 #212 2/2.00
SOLD 1/1/2016 for $470,000 (CNV) DOM 450

283403 CND S 178 $539,000 4-5-4-11-3-90 FS Hanalei Bay Resort #1537/38 867 #1537/​38 1/2.00
SOLD 12/30/2015 for $500,000 (CNV) DOM 178

UNDER CONTRACT

285252 CND U 132 $629,000 4-5-4-5-24-69 FS Nihilani #23C 1,972 #23C 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:

Ocean view Alii Kai 6103 is newly listed for $639,999 since selling for $354K in 12/11.

Contingent:

After 368 market days, Kaiulani 40, with a price of $1.249M, went into escrow. The last sale was for $950K in 4/12.

Sales:

Cliffs 3201 sold for $350K cash while listed for $369K. This condo was purchased for $434,500 in 5/06.

Plantation 212 was priced at $479K and closed for $470K. The prior sale was for $560K in 3/07.

Hanalei Bay Resort, 1537/38 sold for $500K while listed for $539K. The seller bought this unit for $430K in 8/04.

Under Contract:

Nihlani 23C, priced at $629K, moved to under contract and will be closing soon. The last sale was as an REO for $469,900 in 8/11.

Now on to your Princeville single family home update, which was minimal.

BACK ON THE MARKET

275643 RES A 521 $679,000 4-5-4-24-14 FS 4260 Waileia Pl 9,529 sqft 1,632 3/2.00

CONTINGENT SALES

290792 RES C 18 $649,000 4-5-4-9-50 FS 5295 Pokii Lane 10,831 sqft 1,312 2/2.00
285768 RES C 183 $1,499,000 4-5-4-19-10 FS 5136 Napookala Cir 15,023 sqft 2,440 4/3.00

EXPIRED

280073 RES X 0 $649,000 4-5-4-15-6 FS 3881 Albert Rd 11,515 sqft 1,272 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:

After a brief time in escrow, 4260 Waileia Place is back on the market with a price of $679K. The seller paid $665K in 3/07.

Contingent:

5295 Pokii Lane found a buyer in only 16 days while priced at $649K. Also going into escrow is 5136 Napookala Circle with a list price of $1.499M. The last sale was for land in 4/14 for $430K.

Expired:

3881 Albert expired while it was ‘temporarily withdrawn.’ The list price was $649K.

That’s it for the end of 2015 and the beginning of 2016. Enjoy your paradise wherever it may be.

Aloha Elaine

Africa 2015

Leopard tortoise. We saw several this trip. Still looking for a real leopard.

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

RE/MAX Kauai
POB 223609
Princeville, HI 96722

Cell: 808 639 2935
soldonkauai@gmail.com

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

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

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

Aloha with news of Princeville Kauai!

I hope everyone had a very Mele Kalikimaka and that you are looking forward to a very happy 2016! As you might expect, the real estate activity was little sparse this week as most everyone was spending time with family and friends. As of today, Sunday, there have been 59 sales as we try to meet or exceed the 80 properties sold last year. Do you think we’ll make it?

Here is your activity for this past week:

NEW LISTINGS

291110 CND A 4 $1,330,000 4-5-3-6-22-2 FS Kaiulani #2 2,843 #2 3/3.01
291054 CND A 2 $385,000 4-5-4-5-4-4 FS Mauna Kai #4A 1,503 #4A 2/2.00
291201 CND A 3 $1,895,000 4-5-4-12-11-43 FS Puu Poa #401 1,359 #401 2/2.00

SALES

265922 CND S 849 $349,000 4-5-4-5-7-14 FS Sealodge #B6 566 #B6 1/1.00
SOLD 12/21/2015 for $310,000 (CASH) DOM 849

281526 CND S 172 $629,000 4-5-4-5-15-7 FS Paliuli #7 1,337 #7 2/2.00
SOLD 12/22/2015 for $615,000 (CASH) DOM 172

UNDER CONTRACT

275836 CND U 450 $479,000 4-5-4-5-23-6 FS Plantation #212 1,153 #212 2/2.00

PRICE CHANGES

291110 CND A 4 $1,330,000+ 4-5-3-6-22-2 FS Kaiulani #2 2,843 #2 3/3.01
290142 CND A 36 $469,000- 4-5-4-11-3-84 FS Hanalei Bay Resort #N22 867 #1513/​14 1/2.00

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

New Listings:

Kaiulani 2 is listed for $1.330M and last sold for $1.303M in 2/13. Remodeled Mauna Kai 4A is priced at $385K. The last sale of this unit was in 3/91 for $170K. Puu Poa 401, a top floor ocean view unit, sold for $2.013M in 11/06 and is now listed for $1.895M. It was listed before from 12/07 to 5/08 for $2.995M.

Sales:

Sealodge B6 sold for $310K cash while listed for $349K, after 849 market days. The prior sale was for $69,500 in 9/86. Free standing Paliuli 7 was listed for $629K and sold for $615K cash. The sellers bought this cottage for $670K in 3/07.

Under Contract:

The contingencies have been removed on Plantation 212, priced at $479K, and it should be closing shortly.

Price Changes:

Kaiulani 2 initially came on the market at $1.3M then corrected to $1.330M. Hanalei Bay Resort N22 was priced at $495K but reduced to $469K. The last sale was for $379K in 10/13.

Now on to your Princeville single family home update:

NEW LISTINGS

290800 RES A 0 $3,900,000 4-5-4-8-51 FS 3785 Punahele Rd 12,736 sqft 3,270 4/3.01

CONTINGENT SALES

282775 RES C 224 $1,090,000 4-5-4-10-11 FS 4125 Kekuanaoa Ln 9,965 sqft 2,752 5/4.00

SALES

288690 RES S 39 $824,000 4-5-4-17-36 FS 4862 Victoria Lp 9,873 sqft 1,841 3/3.00
SOLD 12/23/2015 for $810,000 (CNV) DOM 39

UNDER CONTRACT

287349 RES U 80 $1,275,000 4-5-4-16-25 FS 4989 Emmalani Dr 11,744 sqft 2,700 3/2.01

EXPIRED

263603 RES X 924 $999,999 4-5-4-13-6 FS 3695 Kaweonui Rd 11,121 sqft 2,428 4/2.00

PRICE CHANGES

274096 RES A 575 $1,200,000- 4-5-3-11-32 FS 4066 Aloalii Dr 13,511 sqft 2,784 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:

The previous sale for 3785 Punahele was for land in 6/13 for $540K. The home, which is now listed for $3.9M, was built in 2014.

Contingent:

After 222 market days, with a list price of $1.090M, 4125 Kekuanaoa found a buyer. The past sale was for $1.180M in 9/05.

Sales:

4862 Victoria Loop sold for $810K while listed for $824K. The sellers bought this home for $1.039M in 11/07.

Under Contract:

4989 Emmalani moved from in escrow to under contract and will be closing soon. The list price is $1.275M and the prior purchase was for $32,100 for land in 78.

Expired:

After 924 days on the market, 3695 Kaweonui, with a price of $999,999, expired. The seller bought this home for $575K in 10/09.

Price Changes:

4066 Aloalii is now $1.2M, down from $1.295M. The prior sale was for land in 8/03 for $325K.

Wishing you and yours a very Hau’oli Makahiki Hou! This is the last update published in 2015 – see you in 2016!

Aloha Elaine

Hippo 1  0375521676472035_o

A very big Hau’oli Makahiki Hou!

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

RE/MAX Kauai
POB 223609
Princeville, HI 96722

Cell: 808 639 2935
soldonkauai@gmail.com

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

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

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

Aloha with news of Princeville Kauai!

May you have a very Mele Kalikimaka – can’t believe next Friday is Christmas already.

Here in Maun there is little physical evidence of Christmas, with only an occasional small fake Christmas tree in one or two of the stores and / or Santa’s face painted on the door or window, wishing everyone a Merry Christmas. However, they do take full advantage of the holiday season to get together with friends and family, as most restaurants and many other stores closed as of Thursday the 18th and are closed until the New Year. There are a few restaurants open Christmas day; most of them are associated with the various tourist lodges so there are places for visitors to go.

As for real estate, there were a few last minute shoppers but not many. Here is your update:

NEW LISTINGS

283913 CND A 0 $835,000 4-5-3-6-22-73 FS Kaiulani #73 1,738 #73 2/2.01
290945 CND A 0 $1,299,000 4-5-3-6-22-45 FS Kaiulani #45 2,443 #45 3/3.01
276782 CND A 0 $385,000 4-5-4-5-17-2 FS Alii Kai #8B 1,020 #8B 2/2.00
290033 CND A 1 $410,000 4-5-4-15-21-64 FS Sandpiper #227 1,173 #227 2/2.01
288512 CND A 0 $475,000 4-5-4-5-39-79 FS Cliffs #3303 1,137 #3303 2/2.00
277061 CND A 0 $485,000 4-5-4-5-16-13 FS Alii Kai A#2201 1,086 #2201 2/2.00
279836 CND A 0 $779,000 4-5-4-12-5-2 FS Pali Ke Kua #102A 717 #102A 1/1.00

BACK ON THE MARKET

279672 CND A 358 $1,249,000 4-5-3-6-22-40 FS Kaiulani #40 2,430 #40 3/3.01
281273 CND A 309 $1,599,990 4-5-3-6-22-15 FS Kaiulani #15 2,843 #15 3/3.01

CONTINGENT SALES

289783 CND C 27 $729,000 4-5-4-6-1-50 FS Villas Of Kamalii #50 1,825 #50 3/3.00

SALES

279773 CND S 325 $609,000 4-5-4-12-3-4 FS Hanalei Bay Villas #4 1,248 #4 2/2.01
SOLD 12/18/2015 for $585,000 (CASH) DOM 325

282625 CND S 166 $699,000 4-5-4-12-3-15 FS Hanalei Bay Villas #15 1,244 #15 2/2.01
SOLD 12/15/2015 for $700,000 (1031, CASH) DOM 166

PRICE CHANGES

287185 CND A 118 $529,000- 4-5-4-5-18-52 FS Puamana #14D 1,419 #14D 3/3.00
284343 CND A 195 $665,000- 4-5-4-5-39-198 FS Cliffs #9302 1,137 #9302 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:

Although it looks like many new listings, there are only two this week. All the others; Kaiulani 73, Alii Kai 8B, Cliffs 3303, Alii Kai 2201 and Pali Ke Kua 102, have been listed anywhere from 80 to 465 days, and show up as new because the agent changed brokerage.

New this week is Kaiulani 45, priced at $1.299M. The last sale was for $1,804,340 from the developer in 3/07. This townhome was listed from 3/07 to 8/07 for $2.1M. Also new is Sandpiper 227, priced at $410K, which sold for $250K in 10/02

Back on the Market:

Kaiulani 40 expired on 12/17 and came back on the market the following day still priced at $1.249M. The seller bought this townhome for $950K in 4/12. Kaiulani 15 was withdrawn on 12/17 and came back on the market on the 19th priced at $1,599,990. The prior sale was for $1,856,930 from the developer in 12/07.

Contingent:

After 25 days, Villas of Kamalii 50, with a price of $729K, is in escrow. The sellers paid $620K in 4/04 for this townhome.

Sales:

Hanalei Bay Villas 4 for was listed for $609K when it sold this week for $585K cash. The prior purchase was for $845K in 7/08. Also selling was Hanalei Bay Villas 15, which sold for $700K cash while priced for $699K. The last sale was for $127,500 in 2/88.

Price Changes:

Puamana 14D reduced $25,5000 to $529K. The previous sale was for $610K in 6/08. Cliffs 9203 went from $695K to $665K. The last sale was in 9/99 for $205K.

Now on to your Princeville Kauai single family home update:

NEW LISTINGS

278390 RES A 0 $2,499,999 4-5-3-12-19 FS 3953 Aloalii Dr 9,027 sqft 3,382 2/2.01
290792 RES A 3 $649,000 4-5-4-9-50 FS 5295 Pokii Lane 10,831 sqft 1,312 2/2.00
290993 RES A 0 $895,000 4-5-4-21-35 FS 4884 Pepelani Loop 13,229 sqft 1,618 3/2.00
280146 RES A 0 $975,000 4-5-4-18-9 FS 4182 Mahina Pl 11,533 sqft 1,675 2/2.00
290570 RES A 3 $1,325,000 4-5-4-20-3 FS 5121 Kapiolani Lp 30,742 sqft 1,989 3/3.00
289511 RES A 1 $1,769,000 4-5-4-8-45 FS 5063 Kapiolani Lp 22,745 sqft 3,636 3/3.01
287423 RES A 1 $3,995,000 4-5-4-13-29 FS 3565 Kaweonui Rd 13,089 sqft 2,614 4/4.01
285523 RES W 0 $1,088,000 4-5-4-13-42 FS 3626 Kaweonui Rd 10,923 sqft 2,482 3/3.01

BACK ON THE MARKET

274096 RES A 566 $1,295,000 4-5-3-11-32 FS 4066 Aloalii Dr 13,511 sqft 2,784 3/2.01

CONTINGENT SALES

287706 RES C 89 $835,000 4-5-4-13-82 FS 3684 Albert Rd 11,847 sqft 2,160 3/3.00

EXPIRED

279410 RES X 165 $1,270,000 4-5-3-12-30 FS 3982 Aloalii Dr 8,072 sqft 2,229 3/3.00

WITHDRAWN

285523 RES W 174 $1,088,000 4-5-4-13-42 FS 3626 Kaweonui 10,923 sqft 2,482 3/3.01

PRICE CHANGES

286552 RES A 38 $1,238,000- 4-5-4-20-23 FS 5135 Iolani Pl 9,873 sqft 3,031 4/4.00
287706 RES C 89 $835,000- 4-5-4-13-82 FS 3684 Albert Rd 11,847 sqft 2,160 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:

There were five new listings this week. 5295 Pokii Lane is now listed for $649K. This home does not show a purchase price. It was listed before from 4/13 to 4/14, starting at $749K and reducing to $649K. 4884 Pepelani Loop has a list price of $895K and was purchased as an REO for $545K in 2/11.

5121 Kapiolani Loop, which last sold for $1.3M in 3/13, is on the market priced at $1.325M. It was previously listed for $1.395M from 7/14 to 11/15. Also listed on Kapiolani is 5063 with a price of $1.769M. The sellers purchased this home for $1.3M in 6/12.

Ocean bluff 3565 Kaweonui is on the market priced at $3.995M since selling for $3.675M in 6/08. It was listed before from 7/10 to 11/11, starting at $3.9M and reducing to $3.69M.

The other homes, like the condos, show as new listings because the agent changed brokerage. They are 3953 Aloalii priced at $2,499,999, 4182 Mahina listed for $975K, and 3626 Kaweonui which was withdrawn as the agent transferred brokerages. You’ll also see it under “withdrawn.”

Back on the Market:

4066 Aloalii is back on the market after going into escrow on 11/17. It is still priced at $1.295M after selling for $325K in 8/03 as land.

Contingent:

After falling out of escrow on 11/30, 3684 Albert reduced from $875K to $835K on 12/14 and went right back into escrow. The seller bought this home for $549K in 1/12.

Expired:

After 165 days, with a list price of $1.270M, 3982 Aloalii expired. The seller purchased this home for $960,900 in 5/12.

Withdrawn:

3626 Kaweonui was withdrawn while priced at $1.088M after 174 days on the market. The last sale was for land in 1/00 for $125K.

Price Changes:

5135 Iolani Place reduced from $1.288 to $1.238M and last sold for $521,200 in 10/01. As noted above, 3684 Albert is now listed for $835K.

Someone asked me this week about tax rates and exemptions. If you are purchasing a principal residence, be it a condo or a single family residence, you probably qualify for the lowest tax rate which is “Homestead” and may qualify for other exemptions to your assessed value, based on age. To obtain these exemptions / tax rates, you need to contact the tax office in Lihue and notify them of the transfer. This is not something that happens “automatically” when the property sells nor is it the responsibility of escrow to notify the tax office. Most agents tell them clients but apparently some do not. You have to notify the tax office by December in order to qualify for the preferred rates the following tax year.

Have a very Mele Kalikimaka! Enjoy your paradise, wherever it may be.

Aloha, Elaine

IMG_472151334

IMG_472151373

Beautiful Maun sunset along the Thamalakane 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.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 Nov 29th to Dec 12th

Aloha with news from Princeville Kauai.

Due to time zone confusion this update is somewhat late. Next time it will be very early. This month the number to exceed is 80 and as of today, Sunday, there have been 27 sales. While there were no new escrows in condos, homes made up for it with three properties going into escrow, although it was offset by the four new residential listings. Take a look below:

NEW LISTINGS

282683 CND A 2 $360,000 4-5-4-15-21-7 FS Sandpiper #107 1,042 #107 2/2.00
290446 CND A 3 $595,000 4-5-4-5-39-149 FS Cliffs #6301 1,186 #6301 2/2.00
290520 CND S 0 $350,000 4-5-4-5-3-14 FS Paniolo #114 1,058 #114 1/2.00
SOLD 12/8/2015 for $350,000 (CASH) DOM 0

BACK ON THE MARKET

287363 CND A 46 $398,000 4-5-4-5-18-28 FS Puamana #8A 1,214 #8A 2/2.00
284666 CND A 188 $410,000 4-5-4-5-30-8 FS Mauna Kai #F8 1,280 #F8 2/2.00

SALES

290520 CND S 0 $350,000 4-5-4-5-3-14 FS Paniolo #114 1,058 #114 1/2.00
SOLD 12/8/2015 for $350,000 (CASH) DOM 0

279932 CND S 304 $649,000 4-5-4-5-16-23 FS Alii Kai #3203 1,085 #3203 2/2.00
SOLD 12/9/2015 for $610,000 (CNV) DOM 304

288495 CND S 43 $659,000 4-5-4-5-24-61 FS Nihilani #21A 1,874 #21A 3/2.01
SOLD 12/4/2015 for $630,000 (CASH) DOM 43

282872 CND S 219 $699,900 4-5-4-6-1-2 FS Villas Of Kamalii #2 1,766 #2 3/3.00
SOLD 12/2/2015 for $670,000 (CASH) DOM 219

287424 CND S 78 $849,000 4-5-4-11-3-7 FS Hanalei Bay Resort #B13 1,324 #9123/​4 2/2.00
SOLD 12/11/2015 for $765,000 (1031, CASH) DOM 78

288089 CND S 20 $1,395,000 4-5-4-12-11-20 FS Puu Poa #206 1,654 #206 2/2.00
SOLD 12/2/2015 for $1,310,000 (CNV) DOM 20

UNDER CONTRACT

265922 CND U 799 $349,000 4-5-4-5-7-14 FS Sealodge #B6 566 #B6 1/1.00
282434 CND U 199 $649,900 4-5-4-5-16-49 FS Alii Kai #6101 1,088 #6101 2/2.00

EXPIRED

284867 CND X 183 $499,000 4-5-4-5-39-77 FS Cliffs #3301 1,186 #3301 2/2.00

WITHDRAWN

282108 CND W 282 $1,399,000 4-5-3-6-22-3 FS Kaiulani #3 2,843 #3 3/3.01
284081 CND W 218 $1,285,000 4-5-4-12-5-30 FS Pali Ke Kua #212B 904 #212B 1/2.00

PRICE CHANGES

287363 CND A 46 $398,000- 4-5-4-5-18-28 FS Puamana #8A 1,214 #8A 2/2.00
284666 CND A 188 $410,000+ 4-5-4-5-30-8 FS Mauna Kai #F8 1,280 #F8 2/2.00
281438 CND A 305 $639,000- 4-5-4-6-1-59 FS Villas Of Kamalii #59 1,766 #59 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:

Sandpiper 107, which has been active for 259 days but shows as new since the list agent transferred to a new brokerage. The price remained the same at $360K. The last sale was in 9/04 for $365K.

Cliffs 6301 is newly listed for $595K and last sold for $330K in 5/01. It was listed before from 4/10 to 7/10 for $990K.

Paniolo 114 came on the market showing as sold for the list price of $350K cash. The seller bought this unit for $210K in 3/02.

Back on the Market:

Puamana 8A was temporarily withdrawn on 9/29 and came back on the market with a $1000 price reduction to $398K. The last sale was for $322K in 1/04. Mauna Kai F8 went into escrow on 10/3 but is unfortunately back on the market, with a price increase from $398K to $410K. The last sale was for $362K in 1/05.

Sales:

As noted above, Paniolo 114 sold for $350K cash. Alii Kai 3203 sold for $610K while listed for $649K. This unit was purchased for $179K in 797.

The seller bought Nihilani 21A for $450K in 6/12, and sold it for $630K cash while it was listed for $659K. Villas of Kamalii 2 sold for $670K cash while listed for $699,900. The last sale was for $655K in 3/13.

Hanalei Bay Resort B13 was priced at $849K and closed at $765K. The seller bought this unit for $359K in 11/00. Also selling was Puu Poa 206, which had a list price of $1.395M and closed at $1.310M. The seller bought this unit for $940K in 7/10.

Under Contract:

Sealodge B6 moved to under contract while listed for $349K and should be closing soon. The last purchase price was for $69,500 in 9/86. Alii Kai 6101 also moved to under contract. It sold previously for $108,500 in 5/86 and went into escrow listed for $649,900.

Expired:

Cliffs 3301 was purchased as a leasehold unit in 2/81 for $176K, converting to fee simple in 2/97 for $38K. It expired after 183 market days priced at $499K.

Withdrawn:

Kaiulani 3 was withdrawn after 282 market days priced at $1.399M. This is one of the developer’s few remaining units.

Pali Ke Kua 212 was withdrawn after 218 market days priced at $1.285M. The last sale was for $500K in 7/00.

Price Changes:

As noted above, Puamana 8A reduced $1000 to $398K and Mauna Kai F8 increased to $410K. Villas of Kamalii 59 is now $639K, down $20K from the previous price. The seller bought this unit for $586K in 4/04.

Now on to your Princeville Kauai single family home update:

NEW LISTINGS

290474 RES A 13 $1,070,000 4-5-3-12-42 FS 4046 Aloalii Dr 8,041 sqft 1,847 3/2.01
278390 RES A 8 $2,499,999 4-5-3-12-19 FS 3953 Aloalii Dr 9,027 sqft 3,382 2/2.01
290683 RES A 3 $869,000 4-5-4-18-46 FS 4161 Kamalani Ln 10,249 sqft 1,708 3/2.01
290197 RES A 12 $1,595,000 4-5-4-16-5 FS 4076 Kekaulike Ln 9,947 sqft 3,131 5/4.00

BACK ON THE MARKET

287706 RES A 85 $875,000 4-5-4-13-82 FS 3684 Albert Rd 11,847 sqft 2,160 3/3.00
285575 RES A 170 $1,195,000 4-5-4-16-16 FS 4050 Kaahumanu Pl 10,753 sqft 3,048 6/3.01

CONTINGENT SALES

275643 RES C 502 $679,000 4-5-4-24-14 FS 4260 Waileia Pl 9,529 sqft 1,632 3/2.00
280005 RES C 341 $825,000 4-5-4-21-27 FS 4871 Akai Pl 11,486 sqft 1,772 3/2.00
289229 RES C 33 $1,278,000 4-5-4-19-12 FS 5108 Kuhina Pl 15,190 sqft 3,348 3/2.01

EXPIRED

269157 RES X 680 $1,836,000 4-5-3-12-4 FS 4035 Aloalii Dr 9,415 sqft 3,232 3/3.00
279382 RES X 362 $1,250,000 4-5-4-18-41 FS 4179 Kamalani Ln 10,690 sqft 4,351 5/4.00
279628 RES X 359 $2,195,000 4-5-4-9-35 FS 4231 Kekuanaoa Ln 13,014 sqft 3,177 3/3.01

PRICE CHANGES

288590 RES A 73 $1,195,000- 4-5-3-12-12 FS 3985 Aloalii Dr 8,554 sqft 3,340 2/3.00
284940 RES A 173 $1,195,000- 4-5-4-10-46 FS 5362 Honoiki Rd 10,274 sqft 2,350 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:

Priced at $1.070M, 4046 Aloalii is on the market since selling for $900K in 6/07. It quickly returned to the market in 11/07 to 2/08 starting at $1.295M and reduction to $1.195M, then was listed again from 1/09 to 3/10, priced at $1.175M, reducing to $995K, and finally from 6/10 to 4/13, starting at $989K and getting as low as $899K and as high as $1.195M during the life of the listing.

3953 Aloalii is now listed for $2,499,999 since selling for $1.8M in 4/07.

4161 Kamalani Lane is priced at $869K. The last sale was for $260K in 3/99. It was listed from 11/13 to 8/15, starting at $985K and reducing to $895K.

4076 Kekualike sold for $1.525M in 12/06 and is now listed for $1.595M. There was a previous listing from 4/08 to 9/08 for $1.995M.

Back on the Market:

3684 Albert went contingent on 11/15 but unfortunately is now back on the market still priced at $875K. The seller bought this home for $549K in 1/12.

4050 Kaahumanu went contingent on 11/30 while listed for $1.195M but is also back on the market. The prior sale was for land in 1/04 for $298K. The house was built later in 04.

4231Kekuanaoa was in escrow as of 10/30 but came back on the market priced at $2.195M. The last sale was for $1.617M in 12/14. It then expired on 12/11 so you’ll see it under that section of the update.

Contingent:

4260 Waileia Place, which is listed for $679K, went into escrow. The last purchase was for $665K in 3/07.

4871 Aki Place found a buyer while listed for $825K. The last sale was for $860K in 10/05.

5108 Kuhina Place found a buyer after only 29 market days priced at $1.278M. The home sold for $735K in 11/00.

Expired:

4035 Aloalii was on the market for 680 days when it expired priced at $1.836M. It sold for $1.8M in 7/10.

4179 Kamalani Lane was on the market for 362 days and expired while priced at $1.250M. The prior sale was for $348,500 in 6/90.

As noted previously, 4231 Kekuanaoa is now expired.

Price Changes:

3985 Aloalii, which was purchased for $975K in 5/07, made a substantial $100K reduction to $1.195M.

Now priced at $1.195M, down from $1.295M, 5362 Honoiki sold for $400K in 12/97.

It’s not too late to put some “real estate paradise” into your own or someone else’s stocking. Santa is always happy to oblige. Interest rates are still good and financing is readily available to qualified clients.

Please do get pre-qualified by a local lender before starting to shop so you know what is needed in terms of down payment. It changes depending on the type of property and if you are purchasing as a principal residence, second home or vacation rental.

Some buyers prefer to use a mainland lender but local lenders are familiar with the various properties, Hawaii real estate terminology and how escrow / closing works, which typically makes for a smoother transaction. If you need a referral, I can suggest several good lenders.

On another topic, here in Maun, Botswana, cattle, goats, donkeys and occasionally, even horses, wander the roads, fields and neighborhoods foraging for food much like the chickens do in Kauai. Unlike the Kauai chickens, I am told that these animals are all owned and that people simply prefer to let them roam for food instead of feeding them. Most all the houses are fenced and gated, otherwise these animals would be all over the yard eating everything in sight. I have to say, they aren’t as noisy as the roosters but they certainly require a great deal of caution and respect as they plod along the highway.

If you have questions before buying or selling, please do not hesitate to email me. I’m here to give you the facts!

Enjoy your paradise, where ever it may be.

Aloha Elaine

IMG_471622309

IMG_471684585

Maun’s equivalent of Kauai chickens.

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

RE/MAX Kauai
POB 223609
Princeville, HI 96722

Cell: 808 639 2935
soldonkauai@gmail.com

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

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

Kauai November 2015 Market Statistics

Aloha with news about Princeville Kauai!

We are actually in Botswana where houses are very different, with many, many cows, goats and donkeys just wandering around. They are as plentiful as the chickens on Kauai and can create a hazard on the roadways if you are not vigilant.

As for Kauai – Nov 15 handily outperformed Nov 14 by 27% with 71 sales compared to 56 last Nov. If this energy continues on through Dec, we’ll have a great year’s end and hopefully a good start to 2016. Houses were slightly down, from 35 to 31 while land took a jump from 6 to 12 sales and condos had a similar surge, going from 15 to 27 sales. There was one commercial sale.

Although it’s a promising end to this Nov, it falls short of Nov 13 with 79 sales, Nov 12 with 78, and Nov 11 with 80; surpassing only Nov 10 which had 68 sales. Let’s hope the uptick continues.

Year to date we are still slightly behind with 909 sales to date the end of Nov 15, compared to 922 for the same time last year. Year to date 13 stood at 915 sales, while year to date 12 was only at 797 sales. The trend continued downward, with 713 sales posted for year to date 11 and 639 for year to date 10.

Sales volume for Nov 14 is up by a strong 44% with $50M in sales for this past Nov compared to $35M for Nov 14. This is the second highest sales volume for the past 6 years, with only Nov 11 posting a higher volume of $75M.

Year to date stands at $692M which is the highest sales volume of the last 6 years. Year to date Nov 14 posted $586M, year to date Nov 13 stood at $509M, year to date Nov 12 was at $451M, year to date Nov 11 had $406M while year to date Nov 10 was once again the low point with $350M in sales.

The median sales price for residential for Nov 15 saw a 17% increase, going from $499K to $585K. Condos were up by 11% with a median of $444K for this Nov compared to $400K for Nov 14. To view the Statistical report in it’s entirety, please click here where I post it on my website each month.

Remember, to make a good sale or purchase, information is your best asset. Make sure you get the facts before buying or selling – that’s why I’m here!

Aloha Elaine

IMG_470841504

This was our first wildlife sighting as we stepped off the bush plane at the Motswiri Camp in the Okavango Delta – a leopard tortoise.

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

RE/MAX Kauai
POB 223609
Princeville, HI 96722

Cell: 808 639 2935
soldonkauai@gmail.com

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

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


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Aloha!

Elaine

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

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

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

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