Aloha from Princeville Kauai,
Wow! This was one busy condo week, with condos flying off the shelf as eager buyers scooped them up! Houses didn’t fare quite as well but there were a few closings. Here we are halfway through April and we are at 39 sales as we aim to beat the 94 sales set last April. Here is your update:
NEW LISTINGS
605904 CND A 5 $499,000 4-5-4-12-5-28 LH PALI KE KUA #210C 1,127 sqft 2 2.00
605757 CND A 5 $615,000 4-5-4-5-24-59 FS Nihilani #20B 1,567 sqft 3 2.01
Back on the Market
601245 CND A 159 $1,225,000 4-5-3-6-22-43 FS Kaiulani #43 2,443 sqft 3 3.01
Contingent Sales
297633 CND C 235 $375,000 4-5-4-5-27-3 FS Hale Honu 2A 866 sqft 2 1.00
603043 CND C 31 $395,000 4-5-4-12-2-5 FS HALE MOI #105 1,033 sqft 1 2.00
604428 CND C 33 $535,000 4-5-4-5-18-41 FS PUAMANA #12A 1,532 sqft 2 2.00
604571 CND C 36 $625,000 4-5-4-5-12-13 FS SEALODGE #G4 567 sqft 1 1.00
295778 CND C 311 $1,299,000 4-5-4-12-5-23 FS Pali Ke Kua #205 1,127 sqft 2 2.00
Sales
296302 CND S 259 $519,000 4-5-4-12-10-29 FS Emmalani Court #422 1,192 sqft 2 2.00
SOLD 4/13/2017 for $500,000 (CNV) DOM 259
297394 CND S 242 $589,000 4-5-4-5-24-95 FS Nihilani #32B 1,406 sqft 2 2.00
SOLD 4/13/2017 for $589,000 (CASH) DOM 242
602451 CND S 2 $725,000 4-5-4-5-16-22 FS ALII KAI #3202 1,086 sqft 2 2.00
SOLD 4/7/2017 for $710,000 (CASH) DOM 2
601013 CND S 89 $759,000 4-5-4-6-1-4 FS VILLAS OF KAMALII #4 1,766 sqft 3 3.00
SOLD 4/10/2017 for $747,000 (CASH) DOM 89
295959 CND S 264 $779,000 4-5-4-12-9-34 FS Pali Ke Kua #246 1,150 sqft 2 2.00
SOLD 4/10/2017 for $750,000 (CNV) DOM 264
Expired
288180 CND X 565 $545,000 4-5-4-12-9-8 FS Pali Ke Kua #12 1,135 sqft 2 2.00
Withdrawn
602338 CND W 120 $774,000 4-5-4-6-1-22 FS VILLAS OF KAMALII #22 1,825 sqft 3 3.00
295719 CND W 333 $985,000 4-5-4-5-52-1 FS Orchid Point #A 1,477 sqft 2 2.01
Price Changes
603197 CND A 75 $1,295,000- 4-5-3-6-22-13 FS Kaiulani #13 2,843 sqft 3 3.01
602394 CND A 106 $1,495,000- 4-5-3-6-22-22 FS Kaiulani #22 2,864 sqft 3 3.01
605401 CND A 19 $517,450- 4-5-4-5-13-7 FS KAMAHANA #7 1,240 sqft 2 2.00
297714 CND A 636 $595,000- 4-5-4-5-24-23 FS Nihilani #8B 1,567 sqft 2 2.01
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:
Leasehold Pali Ke Kua 210 sold for $585K in 9/08 and is listed for $499K.
Nihilani 20B is priced at $615K. This three bedroom unit was purchased from the developer in 9/06 for $689,290.
Back on the Market:
Kaiulani went into escrow on 4/8 and is now unfortunately, back on the market. Priced at $1.225M, it sold in 6/11 for $1.175M.
Contingent:
Hale Honu 2A is in escrow while priced at $375K. The last sale was in 7/10 for $204K. It only took Hale Moi 105 26 days to go into escrow priced at $395K. The most recent sale was for a leasehold unit in 12/88 for $75K, converting to fee simple in 8/04 for $45K.
Puamana 12A went into escrow priced at $535K. It sold for $460K in 2/16. Sealodge G4, which sold for $295K in 2/13, went into escrow after 32 days priced at $625K. Pali Ke Kua 205 found a buyer while listed for $1.299M. The unit was purchased for $345K in 6/98.
Sales:
Emmalani Court 422 sold for $500K while listed for $519K. The prior sale was for $442,500 in 4/14.
Nihilani 32B sold for the list price of $589K. The sellers paid $525K for the unit in 2/16.
Alii Kai 3202 sold for $710K cash while priced at $725K. The seller bought the unit for $430K in 6/12.
Villas of Kamalii 4 sold for $747K while listed for $759K. The sale prior to this one was in 5/12 for $550K.
Pali Ke Kua 246 closed at $750K while listed for $779K. It sold previously for $455K in 4/01.
Expired:
Pali Ke Kua 12 was purchased for $590K in 6/05. It expired after 565 days while listed for $545K.
Withdrawn:
After 120 market days with a list price of $774K, Kaiulani 22 was withdrawn. This townhome was purchased for $950K in 6/07.
After 333 market days, Orchid Point A, priced at $985K, was withdrawn. This is a new project of 3 units, developed in 2006 that has yet to sell.
Price Changes:
Kaiulani 12 is now priced at $1.295M, down from $1.379M. It sold from the developer in 1/08 for $2,069,070.
Kaiulani 22 was purchased for $1,758,070 from the developer in 11/07, and made a substantial reduction from $1.795M to $1.495M.
Kamahana 7 reduced from $524,950 to $517,450. It sold for $235K in 12/10.
Nihilani 8B is now $595K which is a $4K price reduction. It sold for $370K in 2/10. Now on to your Princeville Kauai single family home update:
NEW LISTINGS
605178 RES A 1 $899,000 4-5-4-16-18 FS 4060 KAAHUMANU PL 11,792 sqft 2,364 sqft 3 3.00
Sales
292820 RES S 390 $782,000 4-5-4-22-18 FS 4018 Kaikioewa Pl 10,825 sqft 1,487 sqft 3 3.00
SOLD 4/13/2017 for $750,000 (CNV) DOM 390
298998 RES S 171 $1,190,000 4-5-4-18-15 FS 4175 MAHINA PL 10,672 sqft 2,246 sqft 3 2.01
SOLD 4/13/2017 for $1,100,000 (CNV) DOM 171
600789 RES S 127 $2,450,000 4-5-4-7-34 FS 3824 PUNAHELE RD 17,151 sqft 5,574 sqft 5 5.02
SOLD 4/13/2017 for $2,450,000 (CASH) DOM 127
Expired
600392 RES X 164 $3,850,000 4-5-4-8-51 FS 3785 PUNAHELE RD 12,736 sqft 3,270 sqft 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.
New Listings:
4060 Kaahumanu is newly listed for $899K since selling for $825K in 4/16.
Sales:
4018 Kaikioewa is listed for $782K and closed at $750K. The seller paid $770K in 6/07. 4175 Mahina Place initially sold for $772K in 5/15, and closed this week for $1.1M while listed for $1.190M. 3824 Punahele was purchased as land in 1/01 for $195K. The home was built in 04. It sold for the asking priced at $2.450M cash.
Expired:
3785 Punahele expired after 164 days priced at $3.850M. The last purchase was for land in 6/13 for $540K.
That’s it for this week. Happy Easter to you and yours! Looking to buy or sell? Put my experience to work for you.
Aloha from Princeville Kauai, Elaine
Sunset, Hanalei Bay.
Elaine Schaefer (B) REALTOR
CRS, GRI, ABR, SFR, SRS
Broker in Charge – Princeville Resort Office
Top Producer 100% Club
RE/MAX Kauai
POB 223609
Princeville, HI 96722
Cell: 808 639 2935
soldonkauai@gmail.com
Blog: Activerain.com/blogs/soldonkauai
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