Princeville Kauai condo / house update for Mar 27th to Apr 2nd

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

Aloha from Princeville Kauai!

We’re off to a good start for April with 6 sales already posted as we work towards exceeding the 68 sales from April 2015. March closed out the month showing no signs of weakness with 105 sales, a 20% increase over last March and the first time for triple digit numbers this year. Here is your update for this week:

NEW LISTINGS

294563 CND A 0 $350,000 4-5-4-12-2-10 FS Hale Moi #110 1,033 #110 1/2.00
292678 CND A 5 $449,000 4-5-4-5-4-6 FS Mauna Kai #6A 1,503 #6A 2/2.00
294521 CND A 1 $579,900 4-5-4-12-10-24 FS Emmalani Ct #412 1,192 #412 2/2.00

BACK ON THE MARKET

288023 CND A 200 $659,000 4-5-4-5-16-18 FS Alii Kai #3102 1,086 #3102 2/2.00

CONTINGENT SALES

286638 CND C 183 $359,000 4-5-4-15-21-3 FS Sandpiper #103 1,042 #103 2/2.00
293090 CND C 45 $1,100,000 4-5-4-12-11-14 FS Puu Poa #114 2,079 #114 2/2.00

SALES

286355 CND S 223 $387,000 4-5-4-5-18-91 FS Puamana #25B 1,298 #25B 2/2.00
SOLD 4/1/2016 for $375,000 (CASH) DOM 223

290033 CND S 19 $410,000 4-5-4-15-21-64 FS Sandpiper #227 1,173 #227 2/2.01
SOLD 3/29/2016 for $395,000 (CNV) DOM 19

287185 CND S 172 $529,000 4-5-4-5-18-52 FS Puamana #14D 1,419 #14D 3/3.00
SOLD 4/1/2016 for $505,000 (CASH, CNV) DOM 172

292682 CND S 1 $595,000 4-5-4-5-16-43 FS Alii Kai #5203 1,085 #5203 2/2.00
SOLD 3/28/2016 for $575,000 (CNV) DOM 1

PRICE CHANGES

288476 CND A 134 $320,000- 4-5-4-5-18-79 FS Puamana #22A 1,298 #22A 2/2.00
290142 CND A 135 $419,000- 4-5-4-11-3-84 FS Hanalei Bay Resort #N22 867 #1513/​14 1/2.00
288023 CND A 200 $659,000- 4-5-4-5-16-18 FS Alii Kai #3102 1,086 #3102 2/2.00

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

New Listings:

Hale Moi 110, a short sale which last sold for $95K in 8/89 as a leasehold, converting to fee simple in 7/92 for $21,250, is on the market for $350K. Mauna Kai 6A is newly listed for $449K since selling for $180K in 4/82. Purchased in 6/14 for $460K, Emmalani Court 412 is now listed for $579,900.

Back on the Market:

For the second time, Alii Kai 3102 fell out of escrow and is back on the market still listed for $699K. This unit sold for $940K in 9/06.

Contingent:

Sandpiper 103 is in escrow after 178 days with a list price of $359K. The prior sale of this unit was in 10/03 for $275K. After 45 days, Puu Poa 114 found a buyer while priced at $1.1M. The last sale was for $870K in 9/12.

Sales:

Puamana 25B, which was purchased for $194,600 in 8/11 as a bank sale, sold for $375K cash while listed for $387K.

Sandpiper 227 was purchased for $250K in 10/03, and sold for $395K while listed for $410K.

Puamana 14D closed this week for $505K cash while listed for $529K. The last sale was for $610K in 6/08.

Alii Kai 5203 sold for $575K while listed for $595K. The seller bought this unit for $874K in 8/05

Price Changes:

Puamana 22A is now $320K, down from $359K. The prior sale was for $185K in 3/02.

Hanalei Bay Resort N22 is now $419K, down from $429K. It last sold for $379K in 10/13.

Alli Kai 3102 made a reduction from $699K to $659K. The seller bought this unit for $940K in 9/06. Now on to your Princeville Kauai single family home update:

NEW LISTINGS

294404 RES A 4 $3,750,000 4-5-4-13-24 FS 3574 Keoniana Place 14,406 sqft 3,500 4/4.01

CONTINGENT SALES

293714 RES C 28 $675,000 4-5-4-23-58 FS 3784 Milimakani Pl 7,928 sqft 1,336 3/2.00

SALES

290570 RES S 64 $1,325,000 4-5-4-20-3 FS 5121 Kapiolani Lp 30,742 sqft 1,989 3/3.00
SOLD 3/28/2016 for $1,210,000 (CASH) DOM 64

284362 RES S 239 $1,450,000 4-5-4-8-25 FS 5076 Kamamalu Lp 11,807 sqft 3,051 4/2.01
SOLD 3/29/2016 for $1,300,000 (CASH, CNV) DOM 239

EXPIRED

286239 RES X 255 $845,000 4-5-4-20-28 FS 3982 Kalakaua Pl 9,936 sqft 1,982 3/2.00

PRICE CHANGES

286501 RES A 233 $899,950- 4-5-4-14-29 FS 3899 Kamehameha Rd 14,113 sqft 2,295 4/3.00

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:

Ocean view 3574 Keoniana Place is newly listed for $3.75M. The prior sale was for land in 2/96 for $450K. It was listed before from 7/07 to 5/08 and again from 6/08 to 9/08, both times for $4.4M.

Contingent:

A short sale priced at $675K, 3784 Milimakani went into escrow. The prior sale was for $780K in 4/06.

Sales:

5121 Kapiolani was priced at $1.325M and closed for $1.210M cash after only 64 market days. It was purchased in 3/13 for $1.3M.

5076 Kamamalu Loop closed at $1.3M while listed for $1.450M. The sellers bought land in 12/02 for $245K and built the home in 04.

Expired:

3982 Kalakaua Place expired after 255 days priced at $845K. The seller bought the land for this home for $69,500 in 11/88 and built the house in 98.

Price Changes:

3899 Kamahameha went from $934K to $899,950. The last sale was for $800K in 5/13.

That’s it for this week. If you are thinking of buying or selling, get the facts first. That’s why I’m here.

Aloha from Princeville Kauai,

Elaine

P1040155

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

Website: KauaiRealEstateNow.Com
Blog: Activerain.com/blogs/soldonkauai
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Comments (4)

Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, ABR,CNE,CRS,ePro,PSA,RENE,SRS

Thank you for sharing this great information. Best of luck!

Apr 03, 2016 06:25 AM
Elaine Schaefer
Sold on Kauai Realty - Princeville, HI
R, CRS, GRI, ABR, SFR

It's always fun and interesting to read about sales in other areas.  Thanks for taking the time to do so Jeremy.  Here's to a productive April.

Apr 04, 2016 03:39 AM
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Well presented and interesting market report Elaine Schaefer  - we are now "following" you!

Apr 10, 2016 03:20 AM
Elaine Schaefer
Sold on Kauai Realty - Princeville, HI
R, CRS, GRI, ABR, SFR

Scottsdale is one of my favorite places.  Love to keep up with pricing in other areas!  Thanks for reading my blog, Tony and Suzanne Marriott!

Apr 10, 2016 05:38 AM