Aloha,
Happy Mother’s day to all the mothers out there. It’s trying to be a sunny day on Kauai – here on the North Shore, but it’s only having mixed success. First rain, then a moment of sunshine, then more clouds – but we’ll see what the remainder of the day brings. There are several new listings this week and some new escrows. Surprisingly, there are no price changes this week.
NEW LISTINGS
263326 CND A 5 4-5-3-6-22-25 FS $1,374,000 Kaiulani #25 2,864 #25 3/3.01
262765 CND A 4 4-5-3-6-22-31 FS $1,599,000 Kaiulani #31 2,864 #31 3/3.01
263297 CND A 3 4-5-4-15-21-12 FS $293,000 Sandpiper #112 1,042 #112 2/2.00
263443 CND A 2 4-5-4-5-18-87 FS $457,000 Puamana #24B 1,532 #24B 2/2.00
BACK ON THE MARKET
254213 CND A 370 4-5-4-12-9-23 LH $449,000 Pali Ke Kua #233 993 #233 2/2.00
CONTINGENT SALES
262658 CND C 33 4-5-3-6-22-67 FS $749,000 Kaiulani #67 1,738 #67 2/2.01
261359 CND C 81 4-5-4-5-3-4 FS $189,900 Paniolo #104 1,058 #104 1/2.00
261657 CND C 65 4-5-4-5-7-34 FS $439,000 Sealodge #D5 570 #D5 1/1.00
SALES
257549 CND S 176 4-5-4-5-23-31 FS $569,000 Plantation #821 1,366 #821 3/3.00
SOLD 5/10/2013 for $550,000 (CASH, CNV) DOM 176
259066 CND S 90 4-5-4-6-1-34 FS $625,000 Villas Of Kamalii #34 1,825 #34 3/3.00
SOLD 5/9/2013 for $585,000 (CASH) DOM 90
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 25 is new on the market with a list price of $1.374M. This townhome was purchased as a short sale in 10/10 for $995K. Prior to that it sold from the developer for $1,621,790 in 10/07. So which way do you think the market is heading?
Ka’iulani 31 is also new on the market since selling from the developer for $1,822,350 in 7/07. It is listed for $1.599M. Downstairs Sandpiper 112 is listed for $298K, having last sold for $335K in 6/04. It was previously on the market from 8/07 to 12/07 priced at $449,900 and again from 7/08 to 11/08 for $415K. Although the seller is taking a loss, this is not a short sale. The unit is upgraded with granite slab countertops in the kitchen and tile throughout.
Puamana 24B is priced at $457K. This unit sold for $375K in 2/05. It was listed previously from 4/06 to 6/06 for $617K, again from 5/08 to 7/08 for $527K and once again from 10/08 to 2/09, starting at $497K and reducing to $467K.
Back on the Market:
Leasehold Pali Ke Kua 233 is back on the market at $449K, which is the same price as when it expired. This ocean view unit sold for $390K in 6/01.
Contingent:
Ka’iulani’s continue to be popular, as #67 found a buyer this week while priced at $749K. Are prices on the rebound? This unit sold for $668K not quite year ago, in 6/12. Bank REO Paniolo 106 was priced at $189,900 as it went into escrow. This downstairs unit sold for $240Kin 9/03 and was foreclosed on by the bank in 2/13. Sealodge D5 went into escrow with a list price of $439K. It sold for $525K in 12/04.
Sales:
Plantation 821 sold for $550K while listed for $569K. The previous sale was for $600K in 4/08. Villas of Kamali’i 33 was purchased for $670K in 12/04 and sold this week for $585K cash while listed for $625K.
Now on to your Princeville Kauai single family home update:
NEW LISTINGS
263419 RES A 1 4-5-4-15-18 FS $869,000 3820 Haulani Pl 10,560 sqft 3,363 5/4.01
BACK ON THE MARKET
263419 RES A 1 4-5-4-15-18 FS $869,000 3820 Haulani Pl 10,560 sqft 3,363 5/4.01
CONTINGENT SALES
255554 RES C 322 4-5-4-4-52-1 FS $4,495,000 4615 Hanalei Plantation Rd #A 31,715 sqft 3,864 #A 4/3.01
SALES
258937 RES S 131 4-5-4-6-14 FS $554,900 4140 Lei O Papa Rd 18,861 sqft 1,634 2/3.00
SOLD 5/6/2013 for $500,000 (CASH) DOM 131
WITHDRAWN
261062 RES W 82 4-5-4-14-26 FS $998,000 3925 Kamehameha Rd 20,093 sqft 3,925 4/3.01
PRICE CHANGES
263419 RES A 1 4-5-4-15-18 FS $869,000+ 3820 Haulani Pl 10,560 sqft 3,363 5/4.01
This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.
We’re heading into summer, which is generally the most active time for real estate sales. I’m expecting a busy summer with plenty of great opportunities for well prepared buyers and sellers. If you are realistic in your expectations, whether a buyer or seller, you’ve got a good head start over the rest of the real estate buying population. Find an agent you trust, have them surround you with a knowledgeable support team and you’ll be good to go. Any questions about the buying or selling process? Just send me an email – that’s why I’m here – so you have the facts. Enjoy this Mother’s day.
Aloha Elaine
Finally, the sun is setting into the ocean again. We get to enjoy this all summer!
Elaine Schaefer (R)
Broker in Charge
CRS, GRI, ABR, SFR
RE/MAX Kauai
Princeville Resort Office
cell: 808 639 2935
home fax: 1 808 440 4552
email:soldonkauai@gmail.com
website: www.KauaiRealEstateNow.com
blog: www.activerain.com/blogs/soldonkauai
……Making your real estate dreams
my business………
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