NOT LISTED FOR SALE

74-5061 Palani Rd Unit 5B2 Kailua Kona, HI 96740

Estimated Value: $783,000 - $920,000

3 Beds
3 Baths
1,566 Sq Ft
$554/Sq Ft Est. Value

Last Sold April 04, 2019

Last sale price $512,000 $327 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $5,301/month

65 Days on Market

Highlights

  • Ocean View
  • Wood Fence
  • Stacked Washer and Dryer
  • Ceramic Tile Flooring

About This Home

As of April 2019

Amazing ocean views from this 3-bedroom 3-bath home, sitting at a perfect elevation of about 950 feet, and conveniently just 5 minutes to town! 3 bedrooms and 2 baths featured on main level of home, and a studio ohana (unpermitted) with 1 bath below with its own separate entrance, and private outdoor space. Home had been updated and remodeled in 2012. Upstairs offers wide-open great room that leads you to the front lanai to enjoy sunsets and stargazing. The beautifully designed kitchen features custom kitchen cabinets, and granite countertops. Master has its own bathroom with large tiled walk-in shower. Downstairs on first level is an additional living space for your guests to enjoy (studio with kitchenette, and bathroom). The yard is low maintenance to support a busy lifestyle. There is a small grassy area, some areas fenced in. This home also features a large, well-lit storage area for all of your storage needs. Carport for covered parking, a gravel two-car parking space, and an additional paved parking space for one to two cars above. The home, nestled in Palani Estates, is up a private road shared by 5 other homes, hence the unit #. It has an HOA, but no fees.

Last Agent to Sell the Property

Stacie Whitfield

FLATLIST.COM License #RB-19260 Listed on: 01/04/2019

Last Buyer's Agent

Jonathan Kiger

Hawaii 5 0 Realty License #RB-22318

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,739

Year Built

  • Built in 1988

Lot Details

  • Property fronts a private road
  • Wood Fence
  • Chain Link Fence
  • Property is zoned RS-10

Parking

  • 1 Carport Space

Home Design

  • Wood Frame Construction
  • Double Stud Wall

Interior Spaces

  • 1,566 Sq Ft Home
  • 2-Story Property
  • Drapes & Rods
  • Blinds
  • Ocean Views
  • Stacked Washer and Dryer

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • No Cooling
  • No Heating
  • Cesspool
  • Internet Available
  • Cable TV Available

Community Details

  • Palani Estates Community

Listing and Financial Details

  • Assessor Parcel Number 3740090060004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,739

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Chain Link, Wood
  • ResoLotFeatures: See Remarks
  • ResoSecurityFeatures: None
  • Co List Office Phone: 8772703726
  • Ownership: Full
  • MLS Status: S
  • Carport Spaces: 1.0
  • Unit Levels: Two
  • Living Area: 1566.0
  • Property Attached Yn: No
  • Reso Window Features: Blinds, Drapes
  • Year Built: 1988
  • Tax Year: 2018
  • HIS_PoolYN: No
  • Unit Description: Single Family Home
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable, Wireless
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Range, Range Hood, Refrigerator, Washer, Washer/Dryer Stacked
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Flooring: Ceramic Tile, Laminate
  • Stories: 2
  • Total Bathrooms: 3
  • Design: Double Wall, Wood Frame

Exterior Features

  • View: HIS Sunset, Ocean, Ocean Horizon
  • Waterfront: No
  • Roads: Private

Garage/Parking

  • Parking Features: Covered

Utilities

  • Cooling: None
  • Heating: None
  • Sewer: Cesspool
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Project: Palani Estates

Lot Info

  • Zoning: RS-10
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3740090060004
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1739.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2019
Closed on
Apr 1, 2019
Sold by
Arnett Kristie J and Zweigardt Wendy J
Bought by
Hong Nuong
Seller's Agent
Stacie Whitfield
FLATLIST.COM
Buyer's Agent
Jonathan Kiger
Hawaii 5 0 Realty
List Price
$525,000
Sold Price
$512,000
Premium/Discount to List
-$13,000
-2.48%
Current Estimated Value
$867,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,202
Avg. Annual Appreciation
8.60%
Original Mortgage
$384,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 30, 2016
Closed on
Oct 3, 2016
Sold by
Mccloskey Michael Jeremy and Mccloskey Kelly Louise
Bought by
Arnett Kristie J and Zweigardt Wendy J
Seller's Agent
Kelly Shaw
COMPASS
List Price
$475,000
Sold Price
$443,000
Premium/Discount to List
-$32,000
-6.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%
Original Mortgage
$407,391
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 20, 2013
Closed on
Sep 5, 2014
Sold by
Devenport Kerry Todd
Bought by
Mccloskey Michael Jeremy and Mccloskey Kelly Louise
Seller's Agent
Kelly Shaw
COMPASS
Buyer's Agent
Delania Branham
Real Broker LLC
List Price
$425,000
Sold Price
$375,000
Premium/Discount to List
-$50,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%
Original Mortgage
$337,500
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 4, 2011
Closed on
Jan 17, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Davenport Kerry Todd
Seller's Agent
Patti Kam
eXp Realty
Buyer's Agent
Kelly Shaw
COMPASS
List Price
$140,175
Sold Price
$140,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.17%
Original Mortgage
$135,250
Interest Rate
3.93%
Mortgage Type
FHA

Purchase Details

Closed on
May 13, 2011
Sold by
Bac Home Loans Servicing Lp
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jul 30, 2007
Sold by
Rodriguez Alberto Yap and Evangelista Deborah M
Bought by
Rodriguez Alberto Yap and Evangelista Deborah M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.65%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 20, 2001
Sold by
Yu Paul and Yu Nancy E
Bought by
Rodriguez Alberto Yap and Evangelista Deborah M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.98%
Mortgage Type
Purchase Money Mortgage
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
Hong Nuong $512,000 Fam
Arnett Kristie J -- Or
Mccloskey Michael Jeremy $375,000 Or
Davenport Kerry Todd $140,175 Fam
Federal Home Loan Mortgage Corp $273,343 None Available
Bac Home Loans Servicing Lp $273,343 None Available
Rodriguez Alberto Yap -- None Available
Rodriguez Alberto Yap $189,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hong Nuong $385,300
Closed Hong Nuong $384,000
Closed Hong Nuong $384,000
Previous Owner Arnett Kristie J $407,391
Previous Owner Mccloskey Michael Jeremy $337,500
Previous Owner Davenport Kerry Todd $135,250
Previous Owner Rodriguez Alberto Yap $360,000
Previous Owner Rodriguez Alberto Yap $255,000
Previous Owner Rodriguez Alberto Yap $225,000
Previous Owner Rodriguez Alberto Yap $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2019 04/04/19 Sold $512,000 -2.5% $327 / Sq Ft
03/10/2019 03/10/19 Pending -- -- --
01/04/2019 01/04/19 For Sale $525,000 +18.5% $335 / Sq Ft
01/05/2017 01/05/17 Off Market $443,000 -- --
10/07/2016 10/07/16 Sold $443,000 -6.7% $283 / Sq Ft
08/16/2016 08/16/16 Pending -- -- --
07/30/2016 07/30/16 For Sale $475,000 +26.7% $303 / Sq Ft
09/11/2014 09/11/14 Sold $375,000 -11.8% $340 / Sq Ft
07/24/2014 07/24/14 Pending -- -- --
12/20/2013 12/20/13 For Sale $425,000 +203.2% $385 / Sq Ft
01/20/2012 01/20/12 Sold $140,175 0.0% $127 / Sq Ft
11/25/2011 11/25/11 Pending -- -- --
11/04/2011 11/04/11 For Sale $140,175 -- $127 / 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 $6,895 $674,600 $267,900 $406,700
2024 $6,895 $621,200 $239,300 $381,900
2023 $6,448 $580,900 $225,700 $355,200
2022 $6,154 $554,400 $199,200 $355,200
2021 $5,107 $460,100 $165,900 $294,200
2020 $4,827 $434,900 $146,500 $288,400
2019 $4,613 $831,200 $293,000 $538,200
2018 $1,739 $402,800 $146,500 $256,300
2017 $1,703 $396,100 $146,500 $249,600
2016 $1,632 $381,800 $129,200 $252,600
2015 $573 $256,300 $129,200 $127,100
2014 $573 $257,300 $129,200 $128,100
Source: Public Records

Agents Affiliated with this Home

  • Stacie Whitfield

    Seller's Agent in 2019

    Stacie Whitfield

    FLATLIST.COM

    (877) 270-3726

    10 in this area

    110 Total Sales

    Stacie Whitfield
    Section Image

  • J

    Buyer's Agent in 2019

    Jonathan Kiger

    Hawaii 5 0 Realty

    (808) 640-4511

    14 in this area

    25 Total Sales

    Jonathan Kiger
    Section Image
  • Kelly Shaw

    Seller's Agent in 2016

    Kelly Shaw

    COMPASS

    (808) 960-4636

    81 in this area

    123 Total Sales

    Kelly Shaw
    Section Image

  • D

    Buyer's Agent in 2014

    Delania Branham

    Real Broker LLC

    13 in this area

    25 Total Sales

    Delania Branham
    Section Image
  • Patti Kam

    Seller's Agent in 2012

    Patti Kam

    eXp Realty

    (808) 960-3198

    13 in this area

    143 Total Sales

    Patti Kam
    Section Image
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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 624531

Hawaii Information Service (MLS Hawaii)

APN: 3-7-4-009-006-0004

Hawaii Hawaii County Kailua Kona 96740

74-5061 Palani Rd Unit 5B2, Kailua Kona, HI

This home is located at 74-5061 Palani Rd Unit 5B2, Kailua Kona, HI 96740 since 04 January 2019 and is currently estimated at $867,202, approximately $553 per square foot. This property was built in 1988. 74-5061 Palani Rd Unit 5B2 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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