NOT LISTED FOR SALE

73-1262 Melomelo St Kailua Kona, HI 96740

Estimated Value: $958,000 - $1,140,000

3 Beds
2 Baths
1,374 Sq Ft
$784/Sq Ft Est. Value

Last Sold August 18, 2020

Last sale price $535,000 $389 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $6,161/month

208 Days on Market

Highlights

  • Ocean View
  • High Ceiling
  • 1-Story Property
  • Corner Lot
  • Attached Garage
  • Carpet

About This Home

As of August 2020

Virtual Open House: Architecture in this single level three bedroom, two bathroom home that faces the ocean views and breezes. Three ocean facing sliders, high ceilings, open beams, and lots of clerestory windows!

Brand New Roof! Renovated kitchen with gas range. New dishwasher. Nice updates on the bathrooms. Laminate wood floors in the living room and the kitchen and hallway. New carpet installed in all 3 bedrooms. Two lanais: one that leads to the entry door and the other faces the ocean view. No stairs from the Carport to the house and no stairs inside the home. Easy maintenance landscaping. Room to park a boat. Lots of room below the house to add space in the future. Lovely yard space with a Tangerine and an Avocado Tree.

Ideally situated on the lot on a quiet side street in Kona Palisades at a highly desired elevation. Association dues are $50 per year.

Last Agent to Sell the Property

Marissa Ashley

Action Team Realty, Inc. Brokerage Phone: 8089388789 License #RB-18805 Listed on: 12/22/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,935

Year Built

  • Built in 1990

Lot Details

  • Property fronts a county road
  • Corner Lot
  • Level Lot
  • Property is zoned A-5A

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • Attached Garage

Interior Spaces

  • 1,374 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Blinds
  • Ocean Views

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Underground Utilities
  • Cesspool
  • Private Sewer

Community Details

  • Kona Palisades Subdivision

Listing and Financial Details

  • Tax Lot 154
  • Assessor Parcel Number 3730340480000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,935

Year Built

Built in 1990

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • ResoLotFeatures: Corner Lot
  • Attribution Contact: 8089388789
  • Co List Office Phone: 8083298626
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: KONA PALISADES
  • Reso Interior Features: High Ceilings
  • Unit Levels: One
  • Living Area: 1374.0
  • Property Attached Yn: No
  • Reso Window Features: Blinds
  • Year Built: 1990
  • Tax Year: 2020
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Private Contractor
  • HIS_InUseAsShortTermVacationRentalYN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Flooring: Carpet, Laminate
  • Total Bathrooms: 2

Exterior Features

  • Topography: Fairly Level
  • View: Ocean
  • Waterfront: No
  • Roads: County, Paved

Garage/Parking

  • Parking Features: Attached, Covered

Utilities

  • Sewer: Cesspool
  • Utilities: Electricity Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 4.17
  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: A-5A
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3730340480000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1935.41
  • Tax Lot: 154

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2019
Closed on
Aug 12, 2020
Sold by
Rederos Henry M and Rederos Laura J
Bought by
Manuel Bernard Ramones and Manuel Marybeth Ortega
Seller's Agent
Marissa Ashley
Action Team Realty, Inc.
List Price
$590,000
Sold Price
$535,000
Premium/Discount to List
-$55,000
-9.32%
Current Estimated Value
$1,076,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$541,585
Avg. Annual Appreciation
16.21%
Original Mortgage
$540,404
Outstanding Balance
$483,669
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$653,749
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Manuel Bernard Ramones $535,000 Old Republic Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manuel Bernard Ramones $540,404
Previous Owner Rederos Henry M $302,000
Previous Owner Rederos Henry M $263,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2020 11/16/20 Off Market $535,000 -- --
08/18/2020 08/18/20 Sold $535,000 -9.3% $389 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
12/22/2019 12/22/19 For Sale $590,000 -- $429 / Sq Ft
Source: Hawaii Information Service (MLS Hawaii)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,487 $799,400 $206,300 $593,100
2024 $3,487 $776,100 $206,300 $569,800
2023 $2,102 $531,800 $206,300 $325,500
2022 $2,191 $516,300 $206,300 $310,000
2021 $2,099 $501,300 $206,300 $295,000
2020 $1,935 $474,700 $185,500 $289,200
2019 $4,887 $440,300 $177,400 $262,900
2018 $4,513 $406,600 $169,000 $237,600
2017 $4,447 $400,600 $169,000 $231,600
2016 $4,027 $400,700 $163,300 $237,400
2015 -- $351,800 $151,200 $200,600
2014 -- $318,800 $119,100 $199,700
Source: Public Records

Agents Affiliated with this Home

  • Marissa Ashley

    Seller's Agent in 2020

    Marissa Ashley

    Action Team Realty, Inc.

    (808) 329-8626

    32 in this area

    51 Total Sales

    Marissa Ashley
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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 635289

Hawaii Information Service (MLS Hawaii)

APN: 3-7-3-034-048-0000

Hawaii Hawaii County Kailua Kona 96740

73-1262 Melomelo St, Kailua Kona, HI

This home is located at 73-1262 Melomelo St, Kailua Kona, HI 96740 since 22 December 2019 and is currently estimated at $1,076,585, approximately $783 per square foot. This property was built in 1990. 73-1262 Melomelo St is a home located in Hawaii County with nearby schools including Kealakehe Elementary School, Kealakehe Intermediate School, and Kealakehe High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hawaii Information Service (MLS Hawaii) Copyright 2025 MLS Hawaii, Inc. All rights reserved.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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