Aloha,
Per the Friday Garden Island newspaper "Heavy summer rains led to flash flood warnings Thursday, soaking anything outdoors and twice closing the Hanalei Bridge. The bridge, first closed at 10:45 a.m., was reportedly reopened at 2:45 p.m., but was later closed again. Furthermore, a road crew with the state Department of Transportation was forced to clear a mudslide on Kuhio Highway in the Kalihiwai area, closing one lane of traffic, said a press release from county spokesperson, Mary Daubert. At 12:46 p.m., rain gauges and radar showed heavy rain falling at 4 inches per hour over windward Kaua‘i and was nearly stationary, according to the National Weather Service in Honolulu."
Wouldn't you know, an agent had a showing scheduled at one of my listings in Wainiha on Friday but had to cancel. Sometime Mother Nature intervenes and simply takes over. Despite the heavy rains, we ended the week filled with sunshine along with some properties closing and going into escrow. Here is your update for last week
Copyright 7/26/2009 by Hawaii Information Service
NEW LISTINGS
225648 T A 7 4-5-3-6-22-74 FS $979,000 Kaiulani Of Princeville #74 1,892 #74 2/2.5
225775 T A 4 4-5-4-5-18-15 FS $525,000 Puamana #4C 1,532 #4C 2/2
CONTINGENT SALES
211781 T C 419 4-5-4-5-3-24 FS $324,900 Princeville Paniolo #211 1,058 #211 1/2
SALES
221121 T S 139 4-5-4-5-3-3 FS $209,900 Princeville Paniolo #103 1,058 #103 1/2
SOLD 7/20/2009 for $184,900 (CASH) DOM 139
UNDER CONTRACT
221018 T U 99 4-5-4-5-12-28 FS $615,000 Sealodge Ii #J1 754 #J-1 2/2
EXPIRED
222685 T X 477 4-5-4-6-1-12 FS $875,000 Villas Of Kamalii #12 1,825 #12 3/3
WITHDRAWN
211499 SH W 423 4-5-4-6-1-20 FS $250,000 Villas Of Kamalii #20 1,825 #20 3/3
211496 SH W 423 4-5-4-6-1-20 FS $250,000 Villas Of Kamalii #20 1,825 #20 3/3
211500 SH W 423 4-5-4-6-1-20 FS $265,000 Villas Of Kamalii #20 1,825 #20 3/3
211498 SH W 423 4-5-4-6-1-20 FS $265,000 Villas Of Kamalii #20 1,825 #20 3/3
211497 SH W 423 4-5-4-6-1-20 FS $265,000 Villas Of Kamalii #20 1,825 #20 3/3
211495 SH W 423 4-5-4-6-1-20 FS $265,000 Villas Of Kamalii #20 1,825 #20 3/3
225032 T W 25 4-5-4-5-30-19 FS $299,000 Princeville Mauna Kai #D301 1,488 #26 3/2
210027 T W 472 4-5-4-5-30-6 FS $340,000 Princeville Mauna Kai #F6 1,400 #5 3/2
219527 T W 199 4-5-4-15-21-54 FS $399,900 Sandpiper Village I #217 1,173 #217 2/2.5
224662 T W 48 4-5-4-5-24-46 FS $575,000 Nihilani At Princeville Resort #16A 1,406 #16A 2/2
216008 T W 301 4-5-4-12-11-47 FS $1,500,000 Puu Poa #405 1,800 #405 2/2
TEMPORARILY WITHDRAWN
222619 SH T 103 4-5-4-12-3-8 FS $465,000 Hanalei Bay Villas #8 1,244 #8 2/2.5
222618 T T 103 4-5-4-12-3-8 FS $875,000 Hanalei Bay Villas #8 1,244 #8 2/2.5
PRICE CHANGES
206220 T A 538 4-5-3-6-22-67 FS $994,500- Kaiulani Of Princeville #67 1,781 #67 2/2.5
222341 SH A 129 4-5-4-5-23-23 FS $150,000- Plantation At Princeville #621 1,318 #621 3/3
196334 SH A 793 4-5-4-6-1-42 FS $185,000- Villas Of Kamalii #42 1,825 #42 3/3
208860 SH A 487 4-5-4-5-23-35 FS $190,000- Plantation At Princeville #921 1,318 #921 3/3
196328 SH A 793 4-5-4-6-1-42 FS $199,000- Villas Of Kamalii #42 1,825 #42 3/3
224335 T A 61 4-5-4-15-21-11 FS $275,000- Sandpiper Village I #111 1,042 #111 2/2
225976 T A 8 4-5-4-12-2-15 FS $325,000- Hale Moi #115 1,033 #115 1/2
204020 T A 605 4-5-4-12-2-28 FS $399,000- Hale Moi #208 1,033 #208 2/2
226115 T A 286 4-5-4-5-24-50 FS $515,000- Nihilani At Princeville Resort #17B 1,567 #17B 3/2.5
211355 T A 436 4-5-4-12-5-5 FS $745,000- Pali Ke Kua Incr I, ii, iii #105A 717 #105A 1/1
This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.
There are two new listings this week: First up is Ka'iulani 74, listed for $979K. This unit last sold for $898,250 in 4/07. Next is Puamana 4C, which last sold for 4/07 for $487K and is now listed for $525K. This price puts it at the high end of the current Puamana listings. See below:
Copyright 7/26/2009 by Hawaii Information Service
222149 T A 136 4-5-4-5-18-1 FS $325,000 Puamana #1A 1,312 #1A 2/2
214486 T A 356 4-5-4-5-18-89 FS $349,000 Puamana #24D 1,532 #24D 2/2
221307 T A 152 4-5-4-5-18-86 FS $370,000 Puamana #24A 1,312 #24A 2/2
223148 T A 88 4-5-4-5-18-71 FS $382,750 Puamana #20A 1,532 #20A 2/2
221962 T A 139 4-5-4-5-18-30 FS $385,000 Puamana #8C 1,532 #8C 2/2
206918 T A 732 4-5-4-5-18-91 FS $385,000 Puamana #25B 1,532 #25B 2/2
225622 T A 18 4-5-4-5-18-39 FS $400,000 Puamana #11B 1,673 #11B 3/3
218778 T A 233 4-5-4-5-18-60 FS $425,000 Puamana #17A 1,312 #17A 2/2
216508 T A 290 4-5-4-5-18-38 FS $499,500 Puamana #11A 1,312 #11A 2/2
225775 T A 4 4-5-4-5-18-15 FS $525,000 Puamana #4C 1,532 #4C 2/2
217229 T A 270 4-5-4-5-18-6 FS $549,000 Puamana #2B 1,532 #2B 2/2
191813 T A 887 4-5-4-5-18-21 FS $579,000 Puamana #6B 1,732 #6B 3/2
223620 T A 84 4-5-4-5-18-47 FS $599,000 Puamana #13C 1,532 #13C 2/2
This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.
One property went into escrow, Paniolo 211, which last sold for $125K as a leasehold in 12/99 and was converted to fee simple in 2/03 for $45K. This unit was listed at $324,500. Another Paniolo, unit 103 which was a Fannie Mae foreclosure, listed at $209,900 closed this week at $184,900. This unit sold for $410K in 4/05 and was taken over by the bank in 1/09. Sealodge J1, priced at $615K, with a purchase price of $325K in 9/02 went from in escrow to under contract. We should see this unit closing within the next week or two.
Villas of Kamali'i 12, which sold for $750K in 6/05 expired while listed for $875K after 477 days on the market. This unit came on the market on 3/08 at $900K and expired in 3/09 at the same price. It came back on the market at $875K and stayed at that price until it expired this time.
The fractional shares of Villas of Kamali'i 20, which sold for $845K in 6/08 were withdrawn from the market as was Mauna Kai 26, which was a short sale at $299K. This unit last sold for $525K in 10/06 and offered quite a bit of square footage for the price. Maybe we'll see this one going into foreclosure next. Mauna Kai F6, also a short sale at $340K, with a purchase price of $431,650 in 11/04 may be facing a similar fate since it too was withdrawn. Sandpiper 217, listed at $399,900 and purchased for $310K in 2/04 also came off the market. Nihilani 16A, which sold from the developer in 5/06 for $603,600 was withdrawn listed at $575K. Pu'u Po'a 405 listed at $1.5M was withdrawn after 301 market days. This unit last sold for $430K in 1/00. It's easy to see why it was withdrawn, given the list prices of the other Pu'u Po'a units:
Copyright 7/26/2009 by Hawaii Information Service
225541 T A 20 4-5-4-12-11-46 FS $1,095,000 Puu Poa #404 1,352 #404 2/2
222345 T A 128 4-5-4-12-11-3 FS $1,259,000 Puu Poa #103 1,354 #103 2/2
200456 T A 690 4-5-4-12-11-14 FS $1,425,000 Puu Poa #114 2,065 #114 2/2
202256 T A 624 4-5-4-12-11-7 FS $1,490,000 Puu Poa #107 2,065 #107 2/2
This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.
Hanalei Bay Resort 8 was temporarily withdrawn while listed at $875K for the whole unit or $465K for a 6 month fractional share. This unit last sold for $730K in 6/05.
Our price changes start off with Ka'iulani 67 which last sold for $895K in 1/08 and reduced from $1.049M to $994,500. Several of the fractional units reduced the first of which is Plantation 621 which went from $165K to $150K. Villas of Kamali'i 42 reduced from $250K to $185K and from $265K to $199K while Plantation 921 went from $200K to $190K. Keep in mind these are all 2 month fractional shares.
Sandpiper 111, which sold for $215K in 2/03 is a short sale which reduced from $299K to $275K. Hale Moi 115, with a purchase price of $444,500 in 12/4, is a short sale which reduced from $425K to $325K. Quite a reduction, which bring it's more in line with the other Hale Moi listings. Hale Moi 208 which last sold $215K in 11/01, reduced from $425K to $399K. Take a look at how these two units stack up with the other listings:
Copyright 7/26/2009 by Hawaii Information Service
224707 T A 41 4-5-4-12-2-16 FS $314,000 Hale Moi #116 1,033 #116 1/2
225976 T A 8 4-5-4-12-2-15 FS $325,000 Hale Moi #115 1,033 #115 1/2
204020 T A 605 4-5-4-12-2-28 FS $399,000 Hale Moi #208 1,033 #208 2/2
209061 T A 460 4-5-4-12-2-6 FS $450,000 Hale Moi #106 1,033 #106 2/2
This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.
Nihilani 17B, a 3 bedroom 2.5 bath Hoku unit which last sold on 7/06 for $637,113 reduced a small amount from $519K to $515K as did Pali Ke Kua 105, which went from $749K to $745K. This unit last sold on 8/07 for $795K. On to your Princeville home update:
Copyright 7/26/2009 by Hawaii Information Service
NEW LISTINGS
225957 RS A 5 4-5-4-18-31 FS $695,000 4226 Kina'u Pl 11,078 sqft 3,496 4/5
CONTINGENT SALES
221222 RS C 146 4-5-4-25-4 FS $2,800,000 5174 Hanalei Plantation 16,307 sqft 4,215 3/3
SALES
219148 RS S 144 4-5-4-15-16 FS $588,900 3834 Haulani Pl 11,020 sqft 2,048 3/3
SOLD 7/21/2009 for $567,000 (CNV) DOM 144
212844 RS S 346 4-5-4-22-5 FS $639,000 4077 Cr Pauahi Pl/nalani 10,270 sqft 2,169 4/2
SOLD 7/23/2009 for $589,000 (CNV) DOM 346
WITHDRAWN
222510 RS W 99 4-5-4-23-76 FS $729,000 3789 Mapuana Pl 6,398 sqft 1,535 3/2.5
PRICE CHANGES
203978 RS A 612 4-5-3-11-41 FS $899,000- 4120 Aloalii Dr 9,103 sqft 2,521 3/3.5
220252 RS A 184 4-5-3-12-42 FS $995,000- 4046 Aloalii Dr 8,041 sqft 1,603 2/2.5
220384 SH A 215 4-5-4-15-3 FS $329,000- 3979 Kamehameha Rd 10,772 sqft 3,558 5/3.5
220383 SH A 215 4-5-4-15-3 FS $329,000- 3979 Kamehameha Rd 10,772 sqft 3,558 5/3.5
220380 SH A 215 4-5-4-15-3 FS $329,000- 3979 Kamehameha Rd 10,772 sqft 3,558 5/3.5
220378 SH A 215 4-5-4-15-3 FS $329,000- 3979 Kamehameha Rd 10,772 sqft 3,558 5/3.5
219340 SH A 215 4-5-4-15-3 FS $329,000- 3979 Kamehameha Rd 10,772 sqft 3,558 5/3.5
219338 SH A 215 4-5-4-15-3 FS $329,000- 3979 Kamehameha Rd 10,772 sqft 3,558 5/3.5
219081 SH A 224 4-5-4-16-22 FS $345,000- 4080 Kaa'humanu Pl 9,731 sqft 2,460 4/3.5
220376 SH A 224 4-5-4-16-22 FS $355,000- 4080 Kaa'humanu Pl 9,731 sqft 2,460 4/3.5
220375 SH A 224 4-5-4-16-22 FS $355,000- 4080 Kaa'humanu Pl 9,731 sqft 2,460 4/3.5
221534 RS A 131 4-5-4-13-48 FS $799,000- 3677 Keoniana Rd 11,432 sqft 2,066 3/2.5
224854 RS A 44 4-5-4-19-19 FS $799,800- 5086 Napo'okala Cir 15,326 sqft 2,206 3/3
224966 SH A 94 4-5-4-15-3 FS $919,000- 3979 Kamehameha Rd 10,772 sqft 3,558 5/3.5
224967 SH A 224 4-5-4-16-22 FS $945,500- 4080 Kaa'humanu Pl 9,731 sqft 2,460 4/3.5
192009 RS A 881 4-5-4-10-27 FS $1,225,000- 5222 Honoiki Rd 10,174 sqft 2,860 3/4
221404 RS A 154 4-5-4-14-32-5 FS $1,580,000- 3875 Kamehameha Rd #5 10,332 sqft 3,709 6/6
222510 RS W 99 4-5-4-23-76 FS $729,000- 3789 Mapuana Pl 6,398 sqft 1,535 3/2.5
This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.
The new listing on Kina'u Place for $695K looks like it has a lot to offer at that price. The location is superb but the home was built in 1979 and has some water damage to the kitchen. But still, it's worth a look!
Have a great week and don't forget to call or email to get the facts.
Aloha Elaine
I enjoyed this beautiful sunset last night while out walking.
Elaine Schaefer (R, CRS, GRI, ABR)
Broker in Charge - Princeville Resort Office
Certified Residential Specialist
Graduate, Realtor's Institute
Accredited Buyer's Representative
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: http://blogs.alohaliving.com/princeville-condo-sales/
......you can have your own piece of paradise
ask me how!
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