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Princeville Kauai condo (and house) + short sale update for the week of Jun 16th to Jun 22nd

By Elaine Schaefer

Real Estate Broker/Owner with Sold on Kauai Realty RB-18142

June 23, 2013 06:07 AM

Aloha,

The condo market is still moving forward, with two new listings, one of which came on the market showing as sold. Three units went into escrow and two more are heading towards close of escrow as they changed status to “under contract.” Even the Princeville residential market is showing signs of life, with three new listings, three homes that went into escrow and two that moved to “under contract.” Take a look for yourself:

NEW LISTINGS

263198 CND A 4 4-5-4-5-3-6 FS $395,000 Paniolo #106 1,058 #106 2/2.00
264542 CND S 0 4-5-4-5-13-6 FS $450,000 Kamahana #6 1,635 #6 3/2.00
SOLD 5/9/2013 for $450,000 (CASH) DOM 0

CONTINGENT SALES

261373 CND C 121 4-5-4-5-18-90 FS $399,000 Puamana #25A 1,214 #25A 2/2.00
262011 CND C 101 4-5-4-5-24-102 FS $569,000 Nihilani #34C 1,972 #34C 3/3.00
264225 CND C 17 4-5-4-5-16-21 FS $699,000 Alii Kai #3201 1,086 #3201 2/2.00

SALES

261735 CND S 3 4-5-3-6-22-54 FS $1,099,000 Kaiulani #54 2,479 #54 3/3.00
SOLD 6/21/2013 for $1,025,000 (CNV) DOM 3

259353 CND S 3 4-5-4-5-23-65 FS $339,000 Plantation #1711 1,153 #1711 2/2.00
SOLD 6/18/2013 for $360,000 (CASH) DOM 3

264542 CND S 0 4-5-4-5-13-6 FS $450,000 Kamahana #6 1,635 #6 3/2.00
SOLD 5/9/2013 for $450,000 (CASH) DOM 0

UNDER CONTRACT

261347 CND U 77 4-5-4-5-12-6 FS $399,000 Sealodge Ii #F6 567 #F6 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:

Paniolo 106 is new on the market priced at $395K. This is one of the rare free standing units. It sold in 11/87 for $93K as a leasehold property and was converted to fee simple in 9/05 for $70K. Kamahana 6 last sold for $395K in 5/11 and came on the market this week showing as sold for $450K cash.

Contingent:

Single level Puamana 25A is now in escrow priced at $399K. This until sold for $490K in 2/07. Makani floorplan Nihilani 34C went into escrow while priced at $569K after 95 days on the market. It was purchased from the developer in 5/09 for $650K. Ocean view Ali’i Kai 3201 found a buyer within 15 days while listed for $699K. This fully furnished unit last sold for $148K in 11/88.

Sales:

The developer’s Ka’iulani 54 sold for $1.025M while listed for $1.099M. As is often the case in these well priced short sale condos, Plantation 1711 sold for over the asking price of $339K, closing for $360K cash. It was purchased previously for $599,999 in 11/07. As noted above, Kamahana 6 sold for $450K cash.

Under Contract:

Ocean view Sea Lodge F6 went from in escrow to under contract with a list price of $399K. It last sold for $565K in 12/05.

Now on to your Princeville Kauai home update:

NEW LISTINGS

264557 RES A 4 4-5-3-12-17 FS $1,629,000 3963 Aloalii Dr 9,316 sqft 3,247 2/2.01
264139 RES A 6 4-5-4-13-60 FS $840,000 3690 Keoniana Rd 10,272 sqft 2,868 3/2.00
264360 RES A 3 4-5-4-16-62 FS $1,100,000 4501 Emmalani Dr 10,520 sqft 2,588 4/3.00

BACK ON THE MARKET

260154 RES A 156 4-5-3-12-36 FS $1,389,000 4020 Aloalii Dr 9,161 sqft 2,702 3/3.00

CONTINGENT SALES

262443 RES C 83 4-5-3-12-2 FS $2,500,000 4049 Aloalii Dr 8,641 sqft 3,238 3/3.01
264400 RES C 10 4-5-4-16-38 FS $849,000 4118 Kekaulike Ln 10,500 sqft 2,531 3/4.00
259903 RES C 172 4-5-4-10-1 FS $1,100,000 4146 Liholiho Rd 9,966 sqft 3,884 4/4.01

SALES

260828 RES S 57 4-5-4-7-9 FS $922,000 3924 Namakeha Lp 10,107 sqft 1,576 3/2.00
SOLD 6/19/2013 for $858,000 (CNV) DOM 57

UNDER CONTRACT

262742 RES U 757 4-5-4-13-59 FS $759,000 3682 Keoniana Rd 10,247 sqft 1,676 3/2.00
261469 RES U 70 4-5-4-7-11 FS $1,150,000 3916 Namakeha Lp 10,066 sqft 2,628 3/3.01

WITHDRAWN

258386 RES W 215 4-5-3-12-17 FS $1,650,000 3963 Aloalii Dr 9,316 sqft 3,247 2/2.01
258234 RES W 235 4-5-4-23-8 FS $674,000 4838 Ou Pl 8,104 sqft 1,086 3/1.01

PRICE CHANGES

259959 RES A 172 4-5-4-17-18 FS $849,000- 4944 Emmalani Dr 10,500 sqft 2,100 3/2.01
261363 RES A 121 4-5-4-8-52 FS $1,950,000- 3781 Punahele Rd 13,902 sqft 3,802 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.

Will June 13 statistics pass June 12? Last June there were 85 sales and as of today, Sunday, there have been 64 completed transactioms. Right now there are 52 properties under contract Island wide and 216 in escrow. With eight days to go – I think we’ll make it.

If you have any questions about buying or selling, please send me an email. That’s why I’m here- so you get the facts!

Aloha Elaine