Aloha,
It was a glorious week, with some of the best beach days I’ve seen lately. The weather seems to have inspired buyers, as several condos went into escrow. Take a look:
Copyright ©4/22/2012 by Hawaii Information Service
NEW LISTINGS
253727 CND A 4 4-5-4-5-16-37 FS $495,000 Alii Kai #5101 1,086 #5101 2/2.00
CONTINGENT SALES
243884 CND C 388 4-5-3-6-22-76 FS $670,000 Kaiulani #76 1,738 #76 2/2.01
250434 CND C 116 4-5-3-6-22-68 FS $699,000 Kaiulani #68 1,892 #68 2/2.01
252965 CND C 41 4-5-4-5-18-24 FS $265,000 Puamana #7A 1,214 #7A 2/2.00
246073 CND C 52 4-5-4-6-1-19 FS $629,000 Villas Of Kamalii #19 1,815 3/3.00
SALES
227553 CND S 863 4-5-3-6-22-59 FS $625,000 Kaiulani #59 1,892 #59 2/2.01
SOLD 4/19/2012 for $625,000 (CASH, CNV) DOM 863
229552 CND S 486 4-5-4-5-12-27 FS $349,000 Sealodge #H9 567 1/1.00
SOLD 4/19/2012 for $312,000 (CNV) DOM 486
PRICE CHANGES
206220 CND A 1539 4-5-3-6-22-67 FS $689,000- Kaiulani #67 1,781 #67 2/2.01
245906 CND A 52 4-5-3-6-22-29 FS $1,325,000- Kaiulani #29 2,864 #29 3/3.01
This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.
Copyright ©4/22/2012 by Hawaii Information Service
New Listings:
Ocean view Ali’i Kai 5101 is on the market for $495K after being purchased for $595K in 5/04. This ground floor end unit has been marketed almost continuously since 04, first coming on the market in 8/04 to 10/04 for $639K. It was then listed from 7/06 to 8/06 for $975K, from 4/07 to 8/07 starting at $879K and reducing to $849K, then from 9/07 to 4/08 during which time it started at $879K, dropping briefly to $849K before going back up to $879K, again from 6/08 to 9/09, starting at $849K and reducing to $649K and finally from 12/09 to 6/10 during which time it was listed for $649K.
Contingent:
Villas of Kamali’i 19 went into escrow with a list price of $629K with a prior sale price of $480K in 9/03. Puamana 7A went quickly into escrow while priced at $265K. This unit sold previously for $135K in 5/01. Ka’iulani 68 was priced at $699K when it went into escrow this week. It is not a short sale even though it sold for $898,250 in 1/08. Ka’iulani 76 sold from the developer in 4/07 for $900,570 and went into escrow while priced at $670K.
Sales:
This is really the week for Ka’iulani’s – the developer’s unit 59 sold for the asking price of $625K for cash. “Back in the day” (2005-07) this unit was priced as high as $1.075M. Nice to see all these Ka’iulani’s going into escrow and selling! Sealodge H9, a short sale priced at $349K, finally closed this week for $312K. I say “finally” because it went into escrow on 4/21/11! Please don’t let this scare you away from short sales. They take some time, but this one took an exceptionally long time. Most count the time in months, not years. This unit was purchased for $745K in 7/06.
Price Changes:
Ka’iulani 67 sold for $895K in 1/08, started out listed at $1.095M, and after 1533 days on the market, reduced from $789K to $689K. Ka’iulani 29 sold for $1,825,850 in 7/07 and reduced from $1.375M to $1.325M.
Homes have not fared as well – there’s only one new listing and one price reduction.
Copyright ©4/22/2012 by Hawaii Information Service
NEW LISTINGS
253625 RES A 5 4-5-4-10-17 FS $849,000 5275 Honoiki Rd 10,264 sqft 1,874 3/2.01
PRICE CHANGES
244139 RES A 385 4-5-4-20-26 FS $855,000- 5145 Iolani Pl 10,995 sqft 2,704 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.
Island wide, 10 homes went into escrow this week, most in the lower end of the price range.
Copyright ©4/22/2012 by Hawaii Information Service
CONTINGENT SALES
232112 RES C 780 4-1-3-10-44 FS $378,000 8683 Kiowea Rd 12,430 sqft 1,702 3/3.00
245278 RES C 324 4-2-6-14-2 FS $799,000 3010 Lauae Pl 21,780 sqft 1,520 3/2.00
247551 RES C 69 4-2-8-7-2-3 FS $289,000 Koloa Makai #C 4,742 sqft 700 #C 2/1.00
248329 RES C 154 4-3-6-8-24 FS $255,000 2875 Waa Rd 14,227 sqft 900 2/1.01
252240 RES C 69 4-3-8-11-14 FS $299,500 3814 Pakaweli St 6,714 sqft 792 3/1.01
251881 RES C 66 4-4-2-15-83 FS $489,000 7225 Aina Pono St 22,608 sqft 1,920 3/2.00
245394 RES C 336 4-4-2-22-8-1 FS $675,000 6414 Puu Pilo #1 21,824 sqft 3,683 #1 3/3.01
247125 RES C 241 4-4-6-35-64 FS $279,000 1724 Pu’u Ka’a St 7,896 sqft 1,128 3/1.01
253498 RES C 11 4-4-6-39-7 FS $296,000 1765 Awaa Pl 6,497 sqft 768 2/2.00
238328 RES C 599 4-5-8-5-27 FS $346,500 4933 Wainiha Power Hse Rd 2.08 ac 250 0/0.01
This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.
That’s it for this week. Please do not hesitate to email when you need the facts before buying or selling. That’s why I’m here.
Aloha Elaine
Elaine Schaefer (R, CRS, GRI, ABR, SFR)
Broker in Charge – Princeville Resort Office
Certified Residential Specialist
Graduate, Realtor’s Institute
Accredited Buyer’s Representative
Short Sale and Foreclosure Resource Certification
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: http://blogs.alohaliving.com/princeville-condo-sales/
……Making your real estate dreams
my business………
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