74-5024 Huaala St Kailua Kona, HI 96740
3
Beds
2
Baths
1,892
Sq Ft
7,405
Sq Ft Lot
Highlights
- Attached Garage
- Level Lot
- Carpet
About This Home
As of May 2025Octagonal house offers great potential for those with a vision! The current layout for this unique home has two bedrooms and two bathrooms upstairs, with a generous open kitchen and living area with vaulted ceilings. Downstairs is another 626sqft for either one large bedroom, or bedroom plus additional living space. There is potential for an additional bathroom downstairs as well, toilet roughed in (may be unpermitted). While this property is a fixer-upper and is being sold As-Is, it does present an opportunity for an buyer to customize and transform it into a one-of-a-kind home and potentially turn into in a 3-bedroom, 3-bathroom with rental potential in the downstairs space.
The large flat backyard offers space for gardening and entertaining with its large grassy area, and greenery that has been well maintained. Conveniently located close to schools (walkable to Kealakehe Elementary and Middle Schools), and is just a short drive to downtown Kona. Close to shopping, beaches, and the airport, this home is perfect for an investor wanting something in a desirable area to bring back to life.
*SELLERS ARE SELLING STRICTLY AS-IS* Please note this property needs a lot of work, all of the bathrooms and some of the kitchen is already demo'd, along with some walls that are already demo'd to the studs. Unlikely to qualify for conventional financing.
Last Agent to Sell the Property
Knutson & Associates Brokerage Phone: 8087473746 License #RS-87476 Listed on: 04/01/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,903
Year Built
- Built in 1981
Lot Details
- Level Lot
- Property is zoned RS-7.5
Parking
- Attached Garage
Interior Spaces
- 1,892 Sq Ft Home
- 2-Story Property
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Utilities
- Water Not Available
- Cesspool
Community Details
- Kona Harbor View Subdivision
Listing and Financial Details
- Tax Lot 125
- Assessor Parcel Number 3740180540000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 1, 2025
Closed on
May 13, 2025
Sold by
Chung Eu Jin and Chung Geeyong
Bought by
Suponya Oksana Elizabeth and Kosolapenko Ivan
Seller's Agent
Sarah Bunch
Knutson & Associates
Buyer's Agent
Samuel Schaus
KW Big Island
List Price
$595,000
Sold Price
$650,000
Premium/Discount to List
$55,000
9.24%
Views
110
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,775
Avg. Annual Appreciation
-2.91%
Original Mortgage
$620,957
Outstanding Balance
$619,857
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$25,368
Purchase Details
Closed on
Mar 10, 2009
Sold by
Chung Hyung Keun and Chung Kyu Sook
Bought by
Liv Chung Hyung Keun and Hyung Keun Chung Revocable Living Trust
Purchase Details
Closed on
Apr 17, 2003
Sold by
Cha Woo Sun Cha and Cha Lee Sun
Bought by
Chung Hyung Keun and Chung Kyu Sook
Purchase Details
Closed on
Jun 3, 1998
Sold by
Cha Kobashigawa Jr William S and Cha Lee Sun
Bought by
Lee Sun Cha
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.17%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Kailua Kona, HI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Fntic | |
| Warranty Deed | -- | Fntic | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $280,000 | -- | |
| Warranty Deed | $1,000 | Hawaii Escrow & Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $620,957 | New Conventional | |
| Closed | $620,957 | New Conventional | |
| Previous Owner | $168,000 | Purchase Money Mortgage | |
| Previous Owner | $45,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/27/2025 05/27/25 | Sold | $650,000 | +9.2% | $344 / Sq Ft |
| 04/01/2025 04/01/25 | For Sale | $595,000 | -- | $314 / Sq Ft |
Source: Hawaii Information Service (MLS Hawaii)
Tax History Compared to Growth
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 | $6,903 | $638,100 | $287,300 | $350,800 |
| 2024 | $6,903 | $621,900 | $287,100 | $334,800 |
| 2023 | $6,277 | $565,500 | $254,100 | $311,400 |
| 2022 | $6,287 | $566,400 | $255,000 | $311,400 |
| 2021 | $5,376 | $484,300 | $213,200 | $271,100 |
| 2020 | $4,871 | $438,800 | $180,000 | $258,800 |
| 2019 | $4,319 | $389,100 | $145,400 | $243,700 |
| 2018 | $3,752 | $338,000 | $126,400 | $211,600 |
| 2017 | $3,731 | $336,100 | $126,400 | $209,700 |
| 2016 | $3,328 | $331,100 | $126,400 | $204,700 |
| 2015 | -- | $285,700 | $114,800 | $170,900 |
| 2014 | -- | $288,100 | $114,800 | $173,300 |
Source: Public Records
Agents Affiliated with this Home
-
Sarah Bunch
S
Seller's Agent in 2025
Sarah Bunch
Knutson & Associates
(808) 747-3746
2 in this area
2 Total Sales
-
Jessica Green
Seller Co-Listing Agent in 2025
Jessica Green
Knutson & Associates
(719) 568-0119
5 in this area
7 Total Sales
-
Samuel Schaus
Buyer's Agent in 2025
Samuel Schaus
KW Big Island
(808) 896-8125
32 in this area
75 Total Sales
Map
Source: Hawaii Information Service (MLS Hawaii)
MLS Number: 719032
APN: 3-7-4-018-054-0000
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.
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.
Nearby Homes
- 74-5009 Kealakaa St
- 74-4969 Kealakaa St
- 74-834 Uluaoa St
- 74-4967 Kiwi St
- 74-5068 Kealapua St
- 74-5071 Kealapua St
- 74-1443 Hao Kuni St
- 74-4910 Hao Kuni Place
- 74-5075 Kau Place
- 74-941 Kuni St
- 74-5155 Hokulii Place
- 74-706 Paia Place
- 74-1026 Lawaia Rd
- 74-4734 Kaianiani Place
- 74-4687 Halolani St
- 73-1402 Hikimoe St
- 73-4804 Manu Mele St
- 73-4820 Anini St
- 73-4692 Old Mamalahoa Hwy
- 73-4652 Kohanaiki Rd Unit A