Princeville Kauai condo (and house) + short sale update for the week of Sep 1st to Sep 7th

Aloha,

It was another warm and muggy week perfect for beach time. From the looks of things, the condo buyers still managed to check things out while home buyers apparently stayed to enjoy the sun, sand and sea. Take a look below and you’ll see what I mean:

NEW LISTINGS

266446 CND A 4 4-5-3-6-22-4 FS $1,479,000 Kaiulani #4 2,843 #4 3/3.01
266442 CND A 4 4-5-3-6-22-11 FS $1,549,000 Kaiulani #11 2,864 #11 3/3.01
266532 CND A 5 4-5-4-5-16-58 FS $595,000 Alii Kai #7203 886 #7203 2/2.00
255606 CND A 2 4-5-4-12-5-33 FS $989,000 Pali Ke Kua #215 1,127 #215C 2/2.00

CONTINGENT SALES

263198 CND C 80 4-5-4-5-3-6 FS $395,000 Paniolo #106 1,058 #106 2/2.00
262011 CND C 177 4-5-4-5-24-102 FS $575,000 Nihilani #34C 1,972 #34C 3/3.00
262996 CND C 131 4-5-4-6-1-1 FS $659,000 Villas Of Kamalii #1 1,761 #1 3/3.00

SALES

262210 CND S 137 4-5-3-6-22-49 FS $1,195,000 Kaiulani #49 2,479 #49 3/3.00
SOLD 9/5/2013 for $1,050,000 (CASH) DOM 137

WITHDRAWN

263480 CND W 111 4-5-3-11-1-27 FS $704,900 Villas On The Prince #27 1,732 #27 3/3.00

PRICE CHANGES

263326 CND A 124 4-5-3-6-22-25 FS $1,295,000- Kaiulani #25 2,864 #25 3/3.01
254962 CND A 452 4-5-4-5-12-3 FS $399,999- Sealodge #F3 556 #F3 1/1.00
263014 CND A 138 4-5-4-5-23-39 FS $619,000- Plantation #1021 1,318 #1021 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:

Two of the developer’s Ka’iulani units are back on the market – unit 4 priced at $1.479M and unit 11 priced at $1.549M. Both of these townhomes have been priced much higher; unit 4 was priced at $1.9M most of 06 through 08 while #11 was at $1.995M throughout 08 to 10. Ocean view Ali’i Kai 7203 is new on the market since last selling for $305K in 12/01. This second floor unit is priced at $595K. Ocean view Pali Ke Kua is listed for $989K and last sold for $625K in 7/01.

Contingent:

Free standing Paniolo 106 went into escrow while priced at $395K. It sold quite awhile back as a leasehold unit in 11/87 for $93K and was converted to fee simple in 9/05 for $70K. Nihilani 34C, priced at $575K, is in escrow for the second time. It was purchased from the developer for $650K in 5/09. Villas of Kamali’i 1 went into escrow while priced at $659K. This townhome was purchased for $743K in 3/05.

Sales:

The developer’s Ka’iulani 49 sold for $1.050M cash while listed for $1.195M.

Withdrawn:

Villas on the Prince 27 sold for $700K in 6/09 and was withdrawn this week while listed for $704,900.

Price Changes:

Ocean view Sealodge F3 sold for $125K in 5/99 and reduced from $429K to $399,999. Ka’iulani 25, which last sold for $995K in 10/10, reduced from $1.374M to $1.295M. Plantation 1021 was purchased from the developer in 12/05 for $523,993 and reduced from $649K to $619K.

Now on to your Princeville Kauai home update:

NEW LISTINGS

266560 RES A 1 4-5-4-13-20 FS $1,100,000 3583 Keoniana Pl 12,254 sqft 1,734 3/2.00

WITHDRAWN

262903 RES W 141 4-5-3-12-42 FS $990,000 4046 Aloalii Dr 8,041 sqft 1,604 3/2.01
255946 RES W 336 4-5-4-23-72 FS $695,000 3780 Mapuana Pl 6,583 sqft 1,678 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.

We’re 7 days into Sep and there are already 14 closings. Not a bad start. Buyers are still out there waiting for the next great opportunity which will undoubtedly be coming along sooner or later. It’s up to you as a seller to set a reasonable price which conveys value for the dollar while buyers need to be pre-qualifed (or pre-approved if possible) before ever even going out to look. Questions? Just send an email. If you need an extra pair of eyes on the market or some advice as to how the buying or selling process works, that’s why I’m here. So you have the facts before buying or selling.

Aloha Elaine

I often stop to take pictures while out riding which inevitably
causes “Bics” to look around to see when we’ll be underway again.

Just another beautiful sunset.

Elaine Schaefer (R)
Broker in Charge
CRS, GRI, ABR, SFR
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.activerain.com/blogs/soldonkauai

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