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3811 Edward Rd #3304 Prince...
Property

2 Bd  2 Ba  1,137 sf  

6 days

$89K  Market $86K

Escrow

Assessed$62K
Market$86K
37.7%
Asking$89K
  1. HI
  2. Kauai
  3. North Shore
  4. Princeville
  5. The Cliffs at Princeville

3811 Edward Rd #3304 Princeville HI 96722

This property has a pending offer.A contingent listing means a seller has accepted an offer from a buyer. In some cases, the seller will accept backup offers.

This property has fractional or shared ownership. One-sixth ownership in the LLC where each owner has eight consecutive weeks of usage each year. Owners select their time usage on a rotation. This top floor unit has over 1100 square feet plus two covered lanais. Enjoy breakfast or dinner on the covered lanai off the main living/dining area. Yes, there is even a small peak at the ocean. The large master suite (bedroom and bath) is on the main floor and has a king size bed and its own private lanai. Also, located on this main floor is the kitchen, open living and dining area, second bath and laundry closet. The second floor loft bedroom has two queen beds.
The Cliffs of Princeville amenities might be considered the best in Princeville with two swimming pools including a waterfall pool, two spas, two tennis courts, children's playground, recreation room, volleyball court, two shuffleboard courts, half-court basketball court, a putting green and barbeque grills.
All costs of operating the condominium are shared equally by the six share owners. Operating costs are $825 per quarter.
Operating costs include all Homeowners Association Dues, Taxes, Reserve Funds, Utilities & Insurance.
Share #5 is currently offered for sale. No vacation rentals.

Share Selection Rotation
2021 5,6,1,2,3,4
2022 6,1,2,3,4,5
2023 1,2,3,4,5,6
2024 2,3,4,5,6,1

For example, the owners selected the flowing for 2021:
Dec 29, 2020 – Feb 23, 2021 Share 2
Feb 23 – March 09 Manager Maintenance
March 09 – May 04 Share 6
May 04 – June 29 Share 5
June 29 – July 13 Manager Maintenance
July 13 – Sept 7 Share 4
Sept 7 – Nov 02 Share 1

Share #5 has selected September 6 to November 1 for 2022.

Financial

Status
for sale
Market Value
$85,785
Asking Price
$89,000
Assessed Value
$62,300
Year Assessed
2021
Terms
Cash
Oceanfront
Yes
HOA Fees
$275/mo
Property Taxes
$244/mo
Parcel #
540050390080
Special Assessment
$0/mo

Land

Tenure
Fee Simple
Frontage
OceanFront
Elevation
No data
Latitude
22.22675601
Longitude
-159.48024676
Subdivision
PRINCEVILLE
Roads
Private
Zoning
R-10 - Residential (10 units/acre)
Flood Zone
X
  • Zones beginning with “A” or “V” are high risk. There is at least a 1 in 4 chance of flooding during a 30-year mortgage.
  • Zones beginning with “B”, “C” or “X” are moderate-risk flood zones. The risk of flooding is reduced, but not completely removed.
  • Zones beginning with “D” have undetermined flood hazards or unstudied areas.
Project
CLIFFS AT PRINCEVILLE

Building

Property Type
Condo
Unit #
3304
Beds
2
Baths
2
Living Area
1,137 sf
Year Built
1980
Waste Water
Sewer-Connected
Water
Private
Power
Underground
Trash Disposal
Included with Maintenance Fees

Parking

Vehicle Storage
Detached, Unassigned

Amenities

Flooring
Carpet
Inclusions
Disposal, Dishwasher, Microwave

MLS Data

MLS #
648783
Days on Market
6
Est. Commission
$3,560
Listing Agent
Carol Skon RB-20260
Brokerage
No data
Source
Hawaii Information Service
Listing Date
2021-04-05