Greg'sWave Newsletter Volume 4
April / May 1996
Dear Eastside Homeowner,
Aloha to all! We are now well into 1996 and sales activity has picked up a bit from last year. Although the overall island economy is generally slow, I feel that many of our real estate prospects have decided that market prices have probably bottomed out. Many purchasers are now pursuing their real estate investments, or trying to realize their first home, or even contemplating their dream house here on Kauai.
In the last edition of GregsWave, two of the homes published in that newsletter have closed escrow. The small plantation home on a half acre sold for $240,000, and the larger custom home in the Wailua Haven subdivision recorded at $249,000.
As an alternative to purchasing a residential home, I have listed some facts and figures on a couple of condominiums at Kawaihau Sports Villas. This could be an option for those who cannot afford a house yet, and a great alternative for those of you who are getting tired of yardwork, and exterior maintenance. Both of these units are 2 bedrooms, 2 bathrooms with over 1,000 sq. ft. of living space, including lanais. Cool breezes and quite serenity is yours here at Kawaihau Sports Villas. If you have not yet seen these condominiums, you owe it to yourself to see them. They're very nice, with spacious floor plans. V.A. Approved, (see last page for cost analysis and photo.)
Todays Recipe
Values from Jim Pierce's "Big Golden Trumpet Encylopedia"
The greatest handicap... Fear
The best day... Today
Easiest things to do... Find fault
Most useless asset... Pride
The greatest mistake... Giving up
The greatest stumbling block... Egotism
The greatest comfort... Work well done
Most disagreeable person... The complainer
Worst bankruptcy... Loss of enthusiasm
Best teacher... One who makes you want to learn
Greatest need... Common sense
Meanest feeling... Regret at another's success
Best gift... Forgiveness
Greatest Knowledge... God
Greatest thing in the world... Love
Featured Homes
This publication reaches 5000 visitors and homeowners bi-monthly.- Plantation style custom 3 bedroom, 2 bath home. 1600sq.ft. of living area. Situated on 1/2 acre. Second homesite possible. A must see! $312,000. (fs)
- New Listing - This 3 bedroom, two bath is very clean and spacious. Fenced yard, landscaped with sprinkler systems and large tool shed in back yard. The home also boasts a large kitchen and living room with great views of the Anahola mountains. If you have friends looking for a first home this is a good one. $198,000 (fs.)
- A Must See!! One of a Kind Property! If you want sweeping ocean views, privacy, and lots of space this home is for you. The home consists of 2752 sq. ft. of living area with a huge one bedroom, one bath, and full kitchen located downstairs. This house is all redwood. Don't wait to call on this one! Asking $325,000.
- New Listing - A lovely home consisting of four bedrooms three baths and two car enclosed garage. This home has a great Ocean View with potential for some rental income from the studio below. A perfect starter home. The owner is only asking $215,000 (fs.)
- Agricultural land - Wailua Rim Lot - Enjoy an unobstructed view of the Wailua River, Mt. Waialeale, and canyon from your own custom home design. The lot has it's own private trail access to the Wailua River Canyon. A must see if you are thinking of building a home. $184,500
- Agricultural land - Kalama Estates Subdivision presents, Pueo Hale Estates Agricultural condiminium which cosists of 2.5 acres of rolling hills. Fantastic building site, all underground utilities, and fenced. Views of Waialeale crater, and many waterfalls. OWNER WILL FINANCE. For private showings contact: Greg Yost (RA) at 808-822-1774
Kauaihau Sports Villas Cost Analysis
Features...Pool, Tennis, Sauna, Raquetball, Basketball, Storage.
Total units: 42
Total Buildings: 13
Zoning: R-4
Total Land Area: 10.529
Public Report: #1161
Year Built: 1980
Floors: 2
Purchase Price: $121,000.00
Minimum Downpayment: $6,050
Mortgage Amount: $114,950
Monthly Payment based on a 7.5% ammortized thirty year mortgage.
Monthly Payment= $764
Monthly Property Tax= $50.00
Monthly Maintenance= $228
Total Payments=$1042.48