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Princeville Kauai condo + house update for the week of Apr 27 to May 3

By Elaine Schaefer

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

May 04, 2014 04:20 AM

Aloha,

The general feeling is there’s been a bit of a market slowdown, an opinion supported by April stats which ended up with 93 sales compared to 124 last April. For May, the goal is 85 and already there are 10 sales, which gets us off to a good start. Activity for condos was across the board with a little bit of everything. Take a look for yourself:

NEW LISTINGS

273117 CND A 3 4-5-4-12-3-4 FS $699,000 Hanalei Bay Villas #4 1,248 #4 2/2.01
273204 CND A 0 4-5-4-6-1-22 FS $899,000 Villas Of Kamalii #22 1,825 #22 3/3.00

CONTINGENT SALES

268525 CND C 163 4-5-4-12-10-24 FS $499,999 Emmalani Court #412 1,192 #412 2/2.00

SALES

268786 CND S 58 4-5-4-5-18-8 FS $365,000 Puamana #2D 1,298 #2D 2/2.00
SOLD 4/28/2014 for $355,000 (CNV) DOM 58

UNDER CONTRACT

272870 CND U 9 4-5-4-5-12-35 FS $489,000 Sealodge Ii #J8 743 #J8 2/2.00

WITHDRAWN

268091 CND W 173 4-5-3-11-1-13 FS $739,000 Villas On The Prince #13 1,732 #13 3/3.00
265266 CND W 202 4-5-4-6-1-22 FS $899,000 Villas Of Kamalii #22 1,825 #22 3/3.00

PRICE CHANGES

269191 CND A 138 4-5-4-6-1-28 FS $749,000- Villas Of Kamalii #28 1,825 #28 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:

Hanalei Bay Villas 4 is back on the market priced at $699K. This free standing condo last sold for $845K in 10/08. It was previously listed for the same price from 3/12 to 12/12 and from 3/13 to 3/14. Villas of Kamali’i 22 also returns to the market with a price of $899K. Purchased in 6/07 for $950K, this townhome was listed from 5/12 to 8/12 for $799K and again from 7/13 to 4/14 for $899K. Both times it was withdrawn from the market.

Contingent:

Emmalani Court 412 found a buyer while listed for $499,999 after 163 market days. The prior sale was for $450K in 3/09.

Sales:

One owner Puamana 2D, which sold as a leasehold in 7/84 for $110K and converted to fee simple for $35,700 in 7/10, now has a new owner as it closed for $355K while listed for $365K.

Under Contract:

Sealodge J8 went quickly under contract after 9 market days priced at $489K. The prior sale was for $323K in 10/01.

Withdrawn:

After 173 days on the market priced at $739K Villas on the Prince 19 was withdrawn. It sold for $525K in 4/02. Villas of Kamali’i 22 had been priced at $899K for the last 202 days when it was withdrawn. The condo was purchased for $950K in 6/07.

Price Changes:

Villas of Kamali’i 28 made a small reduction from $769K to $749K after selling for $690K in 9/04. Now on to your Princeville home update which saw minimal activity:

EXPIRED

263197 RES X 343 4-5-4-18-41 FS $1,295,000 4179 Kamalani Ln 10,690 sqft 4,351 5/4.00

WITHDRAWN

268152 RES W 161 4-5-4-13-80 FS $1,275,000 3670 Albert Rd 12,314 sqft 3,060 3/2.01

PRICE CHANGES

270286 RES A 93 4-5-4-14-28 FS $1,139,000- 3907 Kamehameha Rd 17,070 sqft 2,863 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.

Expired:

4179 Kamalani Lane expired after 343 market days priced at $1.295M. This home last sold for $348,500 in 6/90.

Withdrawn:

3670 Albert was taken off the market after 161 market days with a price of $1.275M. The prior sale was for $1.125M on 1/07.

Price Changes:

Golf course and mountain view 3907 Kamehameha made a substantial price reduction going from $1.199M to $1.139M. This well maintained home offers impressive golf course views and was purchased for $380K in 10/98. Interesting in seeing it?- Just ask!

If you have questions about these or any other Kauai listings, please do not hesitate to ask. That’s why I’m here, so you get the facts before buying or selling.

Aloha Elaine

If you’ve spent any time at all on Kauai, you know that chickens and roosters are everywhere – and I do mean everywhere,and they come in every color imaginable. This chicken has taken up residence at the food court at the Princeville center. She eyed us expectantly, hoping we’d pitch some chips or other goodies her way.