| Jamie Friedman (RA) | RE/MAX Kauai | (808) 634-2011 |
3411 Wilcox Rd, Lihue, HI | | Banyan Harbor ~ Reflections of Today's Kauai Condo Market | | | 2 Bdrm Condo | | offered at $299,000 | | Year Built | 1978 | | Sq Footage | 924 | | Bedrooms | 2 | | Bathrooms | 1 full, 1 partial | | Floors | 2 | | Parking | 1 Uncovered spaces | | Lot Size | Unspecified | | HOA/Maint | $0 per month |
DESCRIPTION
Banyan Harbor is a fabulous complex with vacation rentals, owner occupants, and long-term rentals. This project is in the heart of Nawiliwili Harbor, across the street from the beach and also close to stores and restaurants and a short drive to the airport.
There are some great options available within the complex with varying degrees of upgrades, styles, and views. There are some great deals in the complex and the prices have been dropping fast!
Sales in the past 6 months have been $335,000 for an ocean view unit with an open garage, but absolutely no upgrades.
$320,000 for a completely upgraded/updated end unit with a garden view.
Offered at $299,000 is this end unit, with a few upgrades. Though it has just gone into Escrow, the Sellers would most likely entertain back-up offers.
Currently, there are two other units available in the complex, starting at $269K
The maintenance fees vary based on location within the complex as well as square footage ~ currently they are in the mid-$500 range per month. Maintenance fees cover: basic cable, water & sewer, parking, common area electrical & propane, exterior maintenance and insurance, common area upkeep ~ including pool & tennis courts.
Taxes are about $1800 per year, with variability due to county offered exemptions. Taxes are based on assessed values and determined by the county. There are exemptions available (tax decreases) for owner occupants, etc. Properties are not re-assessed at time of sale. http://www.kauai.gov/Government/Departments/Finance/RealProperty/ExemptionInformation/tabid/95/Default.aspx
Rental Information:**
Vacation rentals are estimated from $95 to $130 per night and long term rentals are estimated to be $1200 - $1400. These figures are estimates and do not include any discounts, maintenance fees, or management fees. For accurate rental information, rates and occupancy, I suggest viewing current classified advertisements: http://www.kauaiworld.com/ contacting an on-island property manager. There are numerous vacation management choices on the island of Kauai, but Banyan Harbor also offers on-site management through Outrigger (808) 245-7333: http://www.vacation-kauai.com/ .
Please do not hesitate to call or email me directly at JamieJoy@aloha.net if you have additional questions.
| | | | see additional photos below | | | | |
| OTHER SPECIAL FEATURES
 Walk to restaurants and shopping |
| Walk to Beach (approx 7 minutes) |
| Centrally Located |
| | | |
| Seller contact info: |  |
Jamie Friedman (RA) |
RE/MAX Kauai |
(808) 634-2011 |
For sale by agent/broker | |
| | | | | | | Posted: Dec 22, 2007, 8:34pm PST | |
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