NOT LISTED FOR SALE

74-5032 Palani Rd Kailua Kona, HI 96740

Estimated Value: $689,023 - $1,148,000

2 Beds
2 Baths
2,000 Sq Ft
$432/Sq Ft Est. Value

Last Sold December 10, 2017

Last sale price $1,300,000 $650 Per Sq Ft

Est. 34% decrease in value since last sale

Current estimated payment $4,800/month

851 Days on Market

Highlights

  • Ocean View
  • Corner Lot
  • Grass Covered Lot
  • Wooded Lot
  • Level Lot

About This Home

As of December 2017

Very desirable location above Kailua town at the corner of Palani junction, the gateway to Holualoa. Spectacular panoramic views! Two story dwelling built in 1994 is approximately 2,600 feet under roof and includes the residence, administrative offices and meeting areas. An large additional accessory building is attached to the main structure. Two large paved parking lots.

Last Agent to Sell the Property

Kevin McCabe

RE/MAX Brokers Brokerage Phone: 8089892239 License #RB-14690 Listed on: 08/12/2015

RE/MAX Brokers

Last Buyer's Agent

Tanya Power

NextHome Paradise Realty License #RS-55044

NextHome Paradise Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,329

Year Built

  • Built in 1995

Lot Details

  • Property fronts a state road
  • Corner Lot
  • Level Lot
  • Wooded Lot
  • Grass Covered Lot
  • Property is zoned A-1A

Property Views

  • Ocean
  • Coastline
  • Mountain

Home Design

  • 2,000 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • Honokohau 1St & 2Nd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3740060120000

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,329

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • ResoLotFeatures: Corner Lot, Grassy, Wooded
  • Attribution Contact: 8089892239
  • Co List Office Phone: 8083261556
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: HONOKOHAU 1ST & 2ND
  • Living Area: 2000.0
  • Property Attached Yn: No
  • Year Built: 1995
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2

Exterior Features

  • Topography: Graded,Level,Rolling Terrain
  • View: HIS Coastline, Mountain(s), Ocean
  • Waterfront: No
  • Roads: County, Paved, State

Garage/Parking

  • Parking Features: Other

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: A-1A
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3740060120000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 11329.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2016
Sold by
Rideout Douglass Maas and Rideout Julie Kay
Bought by
Rideout Douglas Maas and Rideout Julie Kay
Current Estimated Value
$863,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,355
Interest Rate
3.46%
Mortgage Type
VA

Purchase Details

Closed on
Dec 10, 2010
Sold by
Rideout Douglass Maas and Rideout Ernest Wythe
Bought by
Rideout Douglass Maas and Rideout Julie Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2003
Sold by
Rideout Douglass Maas and Rideout Ernest Wythe
Bought by
Rideout Douglas S Maas and Rideout Ernest Wythe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,305
Interest Rate
5.97%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 14, 2000
Sold by
Hud
Bought by
Rideout Douglass Maas and Rideout Ernest Wythe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,062
Interest Rate
7.84%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 16, 1999
Sold by
Peters Daniel
Bought by
Hud
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rideout Douglas Maas -- Fam
Rideout Douglass Maas -- Fam
Rideout Douglas S Maas -- Fidelity National Title Ins
Rideout Douglass Maas $156,400 --
Hud $183,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rideout Douglass Maas $80,000
Open Rideout Douglas Maad $275,908
Closed Rideout Douglas Maas $303,355
Closed Rideout Douglass Maas $313,191
Closed Rideout Douglass Maas $60,000
Closed Rideout Douglass Maas $162,000
Closed Rideout Douglas S Maas $155,305
Closed Rideout Douglass Maas $155,062
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2018 03/10/18 Off Market $1,300,000 -- --
12/10/2017 12/10/17 Sold $1,300,000 -56.6% $650 / Sq Ft
12/10/2017 12/10/17 Pending -- -- --
08/12/2015 08/12/15 For Sale $2,995,000 -- $1,498 / 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 $1,238 $409,400 $114,800 $294,600
2024 $1,238 $397,500 $114,800 $282,700
2023 $1,222 $385,900 $114,800 $271,100
2022 $1,229 $374,700 $114,800 $259,900
2021 $1,175 $363,800 $114,800 $249,000
2020 $1,123 $353,200 $114,800 $238,400
2019 $1,072 $342,900 $114,800 $228,100
2018 $1,023 $332,900 $114,800 $218,100
2017 $975 $323,200 $114,800 $208,400
2016 $929 $313,800 $114,800 $199,000
2015 -- $304,700 $114,800 $189,900
2014 -- $303,000 $112,600 $190,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 286786

Hawaii Information Service (MLS Hawaii)

APN: 3-7-4-016-018-0000