Hale Honu 10B – Sold for $365….
It’s always interesting now and again to look at recent sales vrs. current listings. One of my listings, Hale Honu 10B closed today for $365,000. This unit started out at $475K, dropped to $425K and went into escrow at that price. My seller basically decided he really wanted to sell instead of waiting to see where the market would go next. Fortunately, he had the equity to absorb the soft market, a luxury not all can afford.
We now have two sales in this complex under $400K – one is a 2 bedroom 1 bath which closed 2/07 for $395K and my 3 bedroom 1.5 bath that closed today for $365. Beside the difference in size, the 2 bedroom unit was recently painted and had new berber throughout whereas the 3 bedroom was painted in bright colors and had older but very clean carpet.
The question now is what the currently listed units will sell for. At present we have a 2 bedroom 1 bath listed for $465K and a 3 bedroom 1.5 bath listed for $485K. The three bedroom unit is upgraded with pergo type flooring in the livingroom and kitchen area and newer appliances.
Here are the Hale Honu units on the market and sales since 1/1/07:
Copyright 9/14/2007 by Hawaii Information Service
Currently listed:
195595 T A 127 4-5-4-5-27-8 FS $465,000 Hale Honu #4B 866 #4B 2/1.0
199866 T A 25 4-5-4-5-27-1 FS $485,000 Hale Honu #1A 1,085 #1A 3/1.5
Sales since 1/1/07
171501 T S 263 4-5-4-5-27-9 FS $395,000 Hale Honu #5A 866 #5A 2/1.0
SOLD 2/7/2007 for $380,000 (CNV) DOM 263
195591 T S 84 4-5-4-5-27-20 FS $425,000 Hale Honu #10B 1,085 #10B 3/1.5
SOLD 9/14/2007 for $365,000 (CNV) DOM 84
This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.
I’ll keep you posted on these two units and any other that come on the market in this complex. Hale Honu is unique in that the units are built townhouse style with only two units per building making them more like a home than a condo. They are located on Hanalei Plantation Road across from multi-million $$ homes. Although Hanalei Plantation Road can be busy by day, at night Princeville Security locks the back gate, making these units quieter than most any other Princeville units on KaHaku road. Plus, it is a small complex of only 20 units, making it much more like a neighborhood. If you have any interest in these or any other condo unit don’t hesitate to ask.
Aloha,
Elaine Schaefer (R, GRI, ABR)
Broker in Charge – Princeville Resort Office
Graduate, Realtor’s Institute
Accredited Buyer’s Representative
Top Producer 100% Club
RE/MAX Kauai
Princeville Resort Office
POB 223632
Princeville, HI 96722
cell: 808 639 2935
home fax: 1 808 440 4552
email:soldonkauai@yahoo.com
website: www.kauairealestatenow.com
blog: www.blogs.alohaliving.com/princeville-condo-sales
……you can have your own piece of paradise
ask me how!
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