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ALIOMANU SHORES US average mortgage rates flat to higher; 30-year 4.94 pct. ASSOCIATED PRESS WASHINGTON — U.S. long-term mortgage rates were steady to slightly up last week, at their highest levels in nearly eight years and dampening home sales. Mortgage buyer Freddie Mac said last Thursday the average rate on a 30-year, fixed-rate mortgage was unchanged from last week at 4.94 percent. That’s the highest level for the benchmark rate since February 2011. A year ago the rate stood at 3.95 percent. The average rate on a 15-year, fixed-rate loan rose to 4.36 percent from 4.33 percent last week. Anxiety over rising interest rates, reflecting strength in the economy, and expectations of additional rate increases by the Federal Reserve have roiled financial markets in recent weeks and spilled over into the housing market. The higher home borrowing rates have kept many potential buyers on the sidelines. As the financial markets continued to gyrate, a turbulent day of trading on Wall Street ended last Wednesday with a fifth consecutive loss for the benchmark S&P 500 index. It fell 20.60 points, or 0.8 percent, to 2,701.58. Mortgage rates have risen along with the yield on the key 10-year Treasury note, which has been propelled higher in the past year by indications of quickening economic growth, expected interest rate increases and potentially higher inflation. The yield on the 10-year note was 3.12 percent Wednesday, down from 3.23 percent last week but still far above 2.33 percent a year ago. As bond prices rose with traders pulled toward lower-risk assets, the rate on the 10-year note declined further to 3.09 percent Thursday morning. To calculate average mortgage rates, Freddie Mac surveys lenders across the country between Monday and Wednesday each week. The average doesn’t include extra fees, known as points, which most borrowers must pay to get the lowest rates. The average fee on 30-year fixed-rate mortgages was unchanged from last week at 0.5 point. The fee on 15-year mortgages fell to 0.4 point from 0.5 point last week. The average rate for five-year adjustable-rate mortgages held steady at 4.14 percent. The fee remained at 0.3 point.
Pristine property, just a short stroll from the ocean 4953 Aliomanu Road at Aliomanu Shores is a newer feature-rich custom “Smart Home,” designed and created utilizing the latest in building practices and materials. The thoughtful layout of over 3,000 sq.ft. includes a spacious covered Lanai, central Living Area, Gourmand Kitchen, three Bedroom Suites, Office, Game Room, Pantry and large Den all on a single level. Some of the many features of
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this well thought-out setting include a 30-panel Reverse Metering Photovoltaic System, Metal Framing throughout, Aluminum Shingle Roof, LED Lighting, Quartz Counters and Large Attic Storage Space and an oversize Garage with workshop. The pristine property is located at the end of Aliomanu Road within an ocean-centric cul-de-sac with a short stroll to Aliomanu Beach access.
The 1/2 acre setting with fruit trees is spacious enough, but low maintenance at the same time. This forward-thinking property is best suited for the Buyer who appreciates an obsession with detail, quality materials and lasting design. As a further incentive - it’s priced below the County of Kauai Assessed Value. This substantial property is offered at $1,675,000 .
For additional information, please contact me, Sean Ahearn at 808.652.6600 or sean@luckykauai. com. Thank you.
Page 6 Friday, November 23, 2018
THE GARDEN ISLAND
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246-0325
KAUAI’S
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You’ll find us in the Heart of Hanalei...
Nance C. Overton RS-71134
(808)346-0872
P.O. Box 475, Hanalei, Kauai, Hawaii 96714 Bus: 808-826-7272 • Fax: 808-826-7665 ncoverton13@gmail.com • napaliprop.com
KAUAI REALTY
Princeville Interior Area: 1,478 sq. ft. 3 Bed/2 Bath $619,000 MLS 622987
3920 WYLLIE RD. UNIT F26
Milo Spindt RB-20980 (808) 631-7602
Have you been looking for a family sized condo? The lowest priced 3bd, 2ba condo on the North Shore of Kauai. The unit has been a long term rental for many years and could use some paint and repairs. Being sold in As-Is condition.
Michael J. Liberatore Cell: 808-635-0556 KekahaMike@gmail.com
Kelly Liberatore Cell: 808-639-2061 Kelly@MakaiProperties.com
RS-71307
RB-17674
Four Locations to Serve You
4493 Moana Road (next to Subway Sandwich in Waimea Town) Main Office: 1941 B Poipu Road, Koloa, HI 96756 • The Shops at Kukui‘ula
Two bedroom, one bath unit in the Sun Village condominium in the heart Lihue. Must be 55 yrs. old to reside in this complex. Bus stops at the complex may bring you to wherever you need to go in Lihue. No need to have a car. Nice breezes throughout. Elevator is conveniently located down the hall. Sold “as is” Price Reduced $150,000 lh.
2817 A - Duplex is 3,500 sf, 5 bed/4 baths, land area is 10,000 sf, asking $2,300,000 fs 2815 - Vacant land in front of duplex is 10,019 sf, asking $1,115,000 fs Price Reduced Both properties are commercial zoned and great for any business to open up in fronting Poipu Road. Lots of foot traffic and close to many other shops and local businesses. Why rent when you can own your own commercial property.
Melinda B. Yomen RS-56237, CRS
Cell: 808-482-0452 Email: melinda.yomen@gmail.com • www.kauai-realty.com 2403 Ulu Maika Street • Lihue, Kauai, Hawaii 96766
“Invest In Your Dreams”
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COLDWELL BANKER
$239,999
Turtle Cove Realty
MLS 613696
Lot Size: 18,513 sq ft
F. Lee Morey,
REALTOR®- Lic. #15886 (PB, CRS, CDPE, SRS, CLHMS) 2-2514 Kaumualii Hwy., Ste. #216 Kalaheo Kauai, HI 96741
Cell: (808)651-6720 • Office: (808)332-7477 Fax: (808)332-9804
TurtleCoveRealty.com f.leemorey@gmail.com
Tad T. Miura (R) GRI, CRS
808-652-6698 RB-12398 tadmiura808@gmail.com
245-1651 Kauai-Realty.com
2403 Ulu Maika St., Lihu‘e, HI 96766
FULL SERVICE REAL ESTATE COMPANY LOOKING FOR RENTALS
Steven M. Martin-Oldfield
Realtor, Principal Broker RB-17551 Office: 808-822-4444 Cell: 808-652-1759 manager@kauaipac.com
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Our rental units are 100% occupied. If you are looking for a Property Manager, we would love to talk with you! We offer you: Reasonable rates Tenant screening Oversee rent collection, taxes, and repairs Full service with attention to detail! Drop by our office or call for an appt. today!
www.kauaipacificrealestate.com
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Friday, November 23, 2018 Page 7
246-0325
KAUAI’S
real estate directory P L A C E Y O U R A D today 2 4 6 - 0 3 2 5
Kalaheo
Kapaa
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NEW LISTING
Kekaha
NEW LISTING
Koloa
Lihue
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Houses
Waimea
For Rent
SOLD
PRICE REDUCED
Apartments For Rent
Anahola 5492 Puulima Rd., #D This parcel is a beautiful subdivision with a well developed infrastructure and spectacular views. Water meter in. Top of Kauai overlooking ocean. Lot is 21,867 sq. ft. MLS#619700 Priced @ $395,000 . F. Lee Morey (PB)
Kapaa-$398,000 Lot Size: 1.01 acres Ashley Carvalho RS-73535 808-639-9307 MLS 622454
808-651-6720
4745 Apopo Rd. Charming spacious 5 bdrm/ 2 ba/home with a lovely screened porch. Perfect seperate living areas (2br and 3br) or one big family. Lush yard with fruit trees. Home is being sold with tropical furnishings and art. Sold "as-is". $625,000 MLS#622535 F. Lee Morey (PB) Realtor
@ 808-651-6720 or Laura K. Barzilai (RS) @ 808-651-7041
Anahola-$564,000 Interior Area: 588 sq. ft. Lot Size: 8,844 sq. ft. Mark Tanaka RB-9222 808-639-0367 MLS 619494 PRICE REDUCED
Hanamaulu-$475,000 2 Bed./1 Ba. Interior area: 720 sq.ft. Lot Size: 6,126 sq. ft. Leah Ragsac RS RS-80621 808-212-4086 MLS 622101
Lihue Sun Village $169,000, Unit B-101 2 Bed./1 Ba. Interior area: 747 sq ft. Kimo St. John RA RS- 59981 (808) 635-8016 Maile Properties of Kauai MLS 616185
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HAMCO
1770 Haleukana Street Suite 102 Lihue, HI 96766 Supplier of glass products and hardware. Repairs & installation.
Kilauea Waimea
Waimea - $570,000 2 bed/2 ba, 1,060 sq ft Kelly Liberatore, (B) RB-17674 (808) 639-2061 Coldwell Banker Makai Properties MLS# 296411
IN ESCROW
Kekaha
Lihue-$155,000 1 Bed./1 Ba. Interior area: 554 sq.ft. Shelly Kaui Carvalho RS RS-64829 808-652-3886 MLS 612897
Waimea-$615,000 3 Bd./3 Ba. Interior Area: 1,882 sq.ft. Lot Size: 10,671 sq.ft. Eric Yama RB RB-10975 808-639-3414 MLS 608333
Joni Hamada-Patricio, Member Noel Patricio, Member License No. C-30983
Ph. (808) 245-8793 Fax (808) 245-3642
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Koloa
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KAPAA: The Courtyards at Waipouli 1, 2, & 3bd units, granite counters, custom cabinets, stainless appls, solar hot water, walk to beach & Kintaro. NO PETS Call for availability (808) 822-1300 www.courtyardsatwaipouli.com
GLASS & GLAZING LLC
IN ESCROW
Kekaha - $649,000 2 bed/1 ba, 1,070 sq ft Kelly Liberatore, (B) RB-17674 (808) 639-2061 Coldwell Banker Makai Properties MLS# 297566
Waimea - $450,000 Lot Size: 12,633 sq. ft. Kelly Liberatore, (B) RB-17674 (808) 639-2061 Coldwell Banker Makai Properties MLS# 622243
808-651-6720
Kilauea-$3,200,000 Lot Size: 14.91 acres Coreen Sarabia RB RB-15579 808-822-4004 MLS 602932
Kapaa-$808,888 3 Bed/1 Ba Lot Size: 11,250 sq. ft. Carol C. Cummings RB RB-14915 808-651-4766 MLS 619550
3011 Pua ’Akala Pl. This stunning plantation design home exemplifies splendid living complet4e with an inground swimming pool. Main unit: 3 bdrms./3 ba. Detached structure: gue st/office, 1 ba. over the 2 car garage MLS #614764 Priced @ $2,499,000 F. Lee Morey (PB)
Lihue
Kapaa-$398,000 Lot Size: 1.01 acres Tad Miura RB RB-12398 808-652-6698 MLS 622454
Hanamaulu
Kalaheo-$769,000 3 Bd./3 Ba. Interior Area: 2,112 sq ft. Lot Size: 8,261 sq.ft. Edward Guerrero RS- 72320 (808) 652-6121 Roy Morimoto RS- 31042 (808) 245-3991 Maile Properties of Kauai MLS 616594
Kekaha - $790,000 2 bed/1 ba, 1,232 sq ft Kelly Liberatore, (B) RB-17674 (808) 639-2061 Coldwell Banker Makai Properties MLS# 289061
For Rent-Newly painted 4 Bdrm House w/ 2 car open garage and 1 storage room. 4046 Waiahi St.-Hanamaulu. New vinyl plank flooring, ceiling fans in every rooms, bathroom, stove & washer! For more info call Rose at 808-651-9940 or Bert at 808-639-8184. Avail Jan. 1st, 2019!
Koloa Estates 3052 Lauae Pl. Lot Size: 10,672 sq. ft. $315,000 Kimo St. John RA RS- 59981 (808) 635-8016 Maile Properties of Kauai MLS 621067
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Across From Kauai Community College
4490 Puhi Road, Lihue Mon-Fri 7:30am to 4pm Sat 8am to 12 Noon
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