NOT LISTED FOR SALE

74-5052 Old Palani Rd Kailua-Kona, HI 96740

Estimated Value: $1,891,000 - $2,816,000

7 Beds
5 Baths
4,520 Sq Ft
$502/Sq Ft Est. Value

Last Sold October 23, 2013

Last sale price $735,000 $163 Per Sq Ft

Est. 209% increase in value since last sale

Current estimated payment $13,151/month

171 Days on Market

Highlights

  • Ocean View
  • Marble Flooring
  • Stained Glass
  • Wooded Lot
  • Gazebo
  • ADA Compliant

About This Home

As of October 2013

This extraordinary property is a gated 3.81 acres, with terrific ocean views! Reduced $40,000.00
This is a place of astonishing natural beauty, peace and tranquility.
With 6 bedrooms, 5 baths, utility room, 2 large lanais, 2 gazebos, 2 car garage and out buildings this property will lend itself to multiple uses.
The current use is an Adult Residential Care Home with easy wheel chair accessibility. It would be perfect as a Retreat, Wellness Center or B&B. Property will not be sold subject to any licensing.
There are private and social gathering areas and two separate entries. The splendid grounds are beautifully established with an assortment of fruits including 50 to 60 brilliantly producing Mango trees, produce sales are an added benefit with this property.
Finishes include travertine floors throughout and granite counter tops. The home has a very nice open design.

Last Agent to Sell the Property

John Miller

Berkshire Hathaway HomeServices Hawaii Island Properties Brokerage Phone: 8083155501 License #RS-70700 Listed on: 01/15/2013

Berkshire Hathaway HomeServices Hawaii Island Properties

Last Buyer's Agent

Reciprocal Agent - Oahu

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,269

Year Built

  • Built in 2006

Lot Details

  • Property fronts a private road
  • Property fronts an easement
  • Stone Wall
  • Wire Fence
  • Landscaped
  • Gentle Sloping Lot
  • Unpaved Streets
  • Wooded Lot
  • Grass Covered Lot
  • Property is zoned A-5A

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Pasture
  • Mountain
  • Garden

Home Design

  • Double Stud Wall

Interior Spaces

  • 4,520 Sq Ft Home
  • 2-Story Property
  • Drapes & Rods
  • Stained Glass
  • Marble Flooring

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Underground Utilities
  • Cesspool
  • Phone Available
  • Cable TV Available

Additional Features

  • ADA Compliant
  • Gazebo

Community Details

  • Kealakehe Homesteads Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3740040290000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,269

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Stone, Wire
  • ResoLotFeatures: Grassy, Landscaped, Wooded
  • Attribution Contact: 8083155501
  • Co List Office Phone: 8083313131
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: KEALAKEHE HOMESTEADS
  • Reso Interior Features: ADA Accessible, Stained/Leaded Glass
  • Living Area: 4520.0
  • Property Attached Yn: Yes
  • Reso Window Features: Drapes
  • Year Built: 2006
  • Tax Year: 2011
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • HIS_InternetAccess: Cable
  • HIS_Easement: Cable, Electric, Ingress/Egress, Telephone, Water
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Range, Range Hood, Refrigerator, Washer
  • Total Bedrooms: 7
  • Full Bathrooms: 5
  • Flooring: Marble
  • Stories: 2
  • Total Bathrooms: 5
  • Design: Double Wall

Exterior Features

  • Topography: Gentle Slope
  • View: Garden, HIS Sunset, Mountain(s), Ocean, Pasture
  • Waterfront: No
  • Other Structures: Gazebo
  • Roads: Paved, Private, Unpaved

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Other

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: A-5A
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3740040290000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5269.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2020
Sold by
Chang Pearl T
Bought by
Chang Pearl T and Pearl T Chang Revocable Living
Current Estimated Value
$2,270,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Outstanding Balance
$270,447
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$2,006,134

Purchase Details

Closed on
Aug 3, 2020
Sold by
Chang Pearl T and Pearl T Chang Revocable Living
Bought by
Chang Pearl T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Outstanding Balance
$270,447
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$2,006,134

Purchase Details

Listed on
Jan 15, 2013
Closed on
Oct 17, 2013
Sold by
Torak Stephan F and Torak Amelita O
Bought by
Chang Pearl T and Pearl T Chang Revocable Living Trust
Seller's Agent
John Miller
Berkshire Hathaway HomeServices Hawaii Island Properties
Buyer's Agent
Reciprocal Agent - Oahu
List Price
$825,000
Sold Price
$735,000
Premium/Discount to List
-$90,000
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.01%
Original Mortgage
$367,500
Interest Rate
4.53%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Jan 15, 2013
Closed on
Sep 5, 2013
Sold by
Murai Jonathan Dale and Taylor Stephanie Hope
Bought by
Torak Stephan F and Torak Amelita O
Seller's Agent
John Miller
Berkshire Hathaway HomeServices Hawaii Island Properties
Buyer's Agent
Reciprocal Agent - Oahu
List Price
$825,000
Sold Price
$735,000
Premium/Discount to List
-$90,000
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
4.53%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 21, 1999
Sold by
Mueller Rose and Chong Darlene
Bought by
Torak Stephan F and Torak Amelita O

Purchase Details

Closed on
May 1, 1998
Sold by
Benjamin Mabel
Bought by
Chong Darlene
Source: Public Records

Range of Values:

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Average Value
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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
Chang Pearl T -- Amrock
Chang Pearl T -- Amrock Inc
Chang Pearl T $735,000 Fhtc
Torak Stephan F -- Fhtc
Torak Stephan F $141,000 --
Chong Darlene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang Pearl T $333,700
Closed Chang Pearl T $367,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2013 10/23/13 Sold $735,000 -10.9% $163 / Sq Ft
07/05/2013 07/05/13 Pending -- -- --
01/15/2013 01/15/13 For Sale $825,000 -- $183 / 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 $9,366 $1,775,800 $362,200 $1,413,600
2024 $9,366 $1,724,100 $362,200 $1,361,900
2023 $15,038 $1,608,300 $341,700 $1,266,600
2022 $14,945 $1,598,400 $331,800 $1,266,600
2021 $7,207 $1,351,900 $282,600 $1,069,300
2020 $6,965 $1,312,500 $282,600 $1,029,900
2019 $6,730 $1,274,300 $282,600 $991,700
2018 $6,502 $1,237,200 $282,600 $954,600
2017 $6,339 $1,210,800 $282,600 $928,200
2016 $6,191 $1,186,600 $274,400 $912,200
2015 -- $867,400 $107,000 $760,400
2014 -- $782,700 $107,000 $675,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 260144

Hawaii Information Service (MLS Hawaii)

APN: 3-7-4-004-029-0000