NOT LISTED FOR SALE

74-5038 Palani Rd Kailua Kona, HI 96740

Estimated Value: $723,088 - $824,000

3 Beds
2.5 Baths
1,848 Sq Ft
$427/Sq Ft Est. Value

Last Sold June 20, 2024

Last sale price $775,000 $419 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,432/month

23 Days on Market

Highlights

  • 2 Car Attached Garage
  • Level Lot
  • Carpet

About This Home

As of June 2024

This spacious two-level home boasts over 1,800 square feet of living space and offers convenient access to Kailua Town. Featuring three bedrooms and 2.5 baths, this residence offers glimpses of the ocean.
The lower level is tiled throughout and comprises a well-appointed kitchen, dining area, a generously sized living area, and a convenient half-bath for guests.
Upstairs, you'll find three bedrooms along with two full baths, providing comfort and privacy for all. Large primary bedroom, featuring a walk-in closet and private lanai.
Outside, the property offers ample space with large front, rear, and side yards, perfect for outdoor activities or relaxation. Enjoy the Hawaiian breeze on the covered lanai, or utilize the two-car attached garage for convenient parking and storage, speaking of storage, with storage facilities at a premium, sellers are leaving 3 sheds on property . Lots of room to turn car around in front yard, so that you don't have to back into the roadway.
Moreover, if schools are important to you, the property's location is within 1 mile or less of all three schools (Elementary, Middle, and High School). The Kailua Pier is a mere 2.1 miles away, while the Kona International Airport is conveniently located 8.1 miles from this home.

Last Agent to Sell the Property

Lance Owens

LUVA LLC Brokerage Phone: 8089368383 License #RB-24133 Listed on: 04/13/2024

Last Buyer's Agent

Dwayne Morris

Hawaii Real Estate Connection, LLC License #RB-19774

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,556

Year Built

  • Built in 1980

Lot Details

  • Level Lot
  • Cleared Lot
  • Property is zoned RS-7.5

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,848 Sq Ft Home
  • Carpet

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cesspool

Community Details

  • Kona Harbor View Subdivision

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 3740160200000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,556

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Other
  • ResoLotFeatures: Cleared
  • Road Frontage Type: HIS Road/Street
  • Attribution Contact: 8089368383
  • Co List Office Phone: 8087695111
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: KONA HARBOR VIEW
  • Elevation: 900
  • Living Area: 1848.0
  • Property Attached Yn: Yes
  • Year Built: 1980
  • Tax Year: 2023
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer, HIS Microwave Hood, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Carpet
  • Total Bathrooms: 2

Exterior Features

  • Topography: Level
  • Waterfront: No
  • Roads: Major Thoroghfare

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached

Utilities

  • Sewer: Cesspool
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RS-7.5
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3740160200000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1555.95
  • Tax Lot: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2024
Closed on
Jun 11, 2024
Sold by
Oconnor Jeremy A and Oconnor Nicole S
Bought by
Hershey Lee Christopher and Hershey Stephanie Witteborg
Seller's Agent
Lance Owens
LUVA LLC
Buyer's Agent
Dwayne Morris
Hawaii Real Estate Connection, LLC
List Price
$810,000
Sold Price
$775,000
Premium/Discount to List
-$35,000
-4.32%
Views
73
Current Estimated Value
$789,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,522
Avg. Annual Appreciation
1.59%
Original Mortgage
$697,500
Outstanding Balance
$689,934
Interest Rate
7.09%
Mortgage Type
FHA
Estimated Equity
$99,588

Purchase Details

Listed on
Feb 9, 2015
Closed on
Apr 27, 2015
Sold by
King Mcdaniel Alesia R
Bought by
Connor Jeremy A O and Connor Nicole S O
Seller's Agent
Lisa Barry
Premier Island Properties LLC
Buyer's Agent
Michael Davis
LUVA LLC
List Price
$368,900
Sold Price
$365,000
Premium/Discount to List
-$3,900
-1.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.58%
Original Mortgage
$363,265
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2011
Sold by
Federal National Mortgage Association
Bought by
Mcdaniel Alesia R King

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,797
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2010
Sold by
Bac Home Loans Servicing Lp
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 16, 2005
Sold by
Martin Lyle Coulsen and Martin Liane Sachie
Bought by
Hughes Jae Jin H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
5.4%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 30, 1999
Sold by
Iwai Nelson E
Bought by
Martin Lyle Coulsen and Yoshiyama Liane Sachie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,991
Interest Rate
7.64%
Mortgage Type
FHA
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
Hershey Lee Christopher -- Fidelity National Title
Connor Jeremy A O -- Or
Mcdaniel Alesia R King $211,700 Fam
Federal National Mortgage Association $428,301 None Available
Hughes Jae Jin H $490,000 Fntic
Martin Lyle Coulsen $184,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hershey Lee Christopher $697,500
Previous Owner Connor Jeremy A O $363,265
Previous Owner Mcdaniel Alesia R King $222,797
Previous Owner Hughes Jae Jin H $489,250
Previous Owner Hughes Jae Jin H $392,000
Previous Owner Martin Lyle Coulsen $182,991
Closed Hughes Jae Jin H $98,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2024 09/16/24 Off Market $775,000 -- --
06/20/2024 06/20/24 Sold $775,000 -2.5% $419 / Sq Ft
05/02/2024 05/02/24 Price Changed $795,000 -1.9% $430 / Sq Ft
04/22/2024 04/22/24 Off Market $810,000 -- --
04/20/2024 04/20/24 For Sale $810,000 0.0% $438 / Sq Ft
04/18/2024 04/18/24 Off Market $810,000 -- --
04/17/2024 04/17/24 For Sale $810,000 0.0% $438 / Sq Ft
04/17/2024 04/17/24 Off Market $810,000 -- --
04/16/2024 04/16/24 For Sale $810,000 0.0% $438 / Sq Ft
04/16/2024 04/16/24 Off Market $810,000 -- --
04/13/2024 04/13/24 For Sale $810,000 +121.9% $438 / Sq Ft
04/30/2015 04/30/15 Sold $365,000 -1.1% $198 / Sq Ft
02/12/2015 02/12/15 Pending -- -- --
02/09/2015 02/09/15 For Sale $368,900 -- $200 / 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 $1,560 $401,900 $126,400 $275,500
2024 $1,560 $390,200 $126,400 $263,800
2023 $1,556 $378,800 $126,400 $252,400
2022 $1,563 $367,800 $126,400 $241,400
2021 $1,511 $357,100 $126,400 $230,700
2020 $1,460 $346,700 $126,400 $220,300
2019 $1,410 $336,600 $126,400 $210,200
2018 $1,362 $326,800 $126,400 $200,400
2017 $1,339 $322,200 $126,400 $195,800
2016 $1,330 $320,400 $126,400 $194,000
2015 -- $275,900 $114,800 $161,100
2014 -- $276,800 $114,800 $162,000
Source: Public Records

Agents Affiliated with this Home

  • Lance Owens

    Seller's Agent in 2024

    Lance Owens

    LUVA LLC

    (808) 936-8383

    21 in this area

    53 Total Sales

    Lance Owens
    Section Image

  • D

    Buyer's Agent in 2024

    Dwayne Morris

    Hawaii Real Estate Connection, LLC

    (808) 939-9103

    1 in this area

    4 Total Sales

    Dwayne Morris
    Section Image

  • L

    Seller's Agent in 2015

    Lisa Barry

    Premier Island Properties LLC

    (808) 960-5047

    Lisa Barry
    Section Image

  • M

    Buyer's Agent in 2015

    Michael Davis

    LUVA LLC

    (707) 786-9777

    2 Total Sales

    Michael Davis
    Section Image
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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 709589

Hawaii Information Service (MLS Hawaii)

APN: 3-7-4-016-020-0000

Hawaii Hawaii County Kailua Kona 96740

74-5038 Palani Rd, Kailua Kona, HI

This home is located at 74-5038 Palani Rd, Kailua Kona, HI 96740 since 13 April 2024 and is currently estimated at $789,522, approximately $427 per square foot. This property was built in 1980. 74-5038 Palani Rd 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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