$85,000
SOLD SEP 18, 2019

74-5618 Palani Rd Unit B7 Kailua Kona, HI 96740

Kailua Kona Neighborhood
2 Beds
1 Bath
616 Sq Ft
$613/mo HOA Fee

Recently Sold

$138 Per Sq Ft

32% Below List Price

93 Days on Market

About This Home

As of March 2025

Price reduced to $109,999. Move in ready Kona condo!
This unit was fully renovated by Licensed Contractors from a full redo on electrical in the walls and every outlet to every touchable surface.
All new drywall with an extra layer on the ceilings to eliminate the popcorn. Celing fans in every room. High quality appliances, solid wood cabinetry and high efficiency lighting will be enjoyed for many years to come in this spacious and open kitchen/living/screened in patio area.
Enjoy some coffee with an OCEAN view in your screened in spacious patio looking out to Kailua bay.
The two bedrooms feature large closets. All windows have been upgraded throughout to ensure a comfortable sleep and great insulation. The bathroom is a calming and minimal oasis with a spacious walk-in shower. Schlage keypad deadbolt locks on the steel entry door.
Want to take a quick dip instead of a quick walk to the beach? The community swimming pool and BBQ area is a great spot to cool off from the hot summer weather.
This condo would be great for your own home, as a vacation rental, or for a long-term tenant as the demand is very high in the Kona area.

Last Agent to Sell the Property

Lailan Bento

Hawaii Development Group Brokerage Phone: 8089361800 License #RB-23214 Listed on: 05/31/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $599

Year Built

  • Built in 1969

Lot Details

  • Property fronts a county road

HOA Fees

  • $613 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

  • 616 Sq Ft Home
  • Drapes & Rods
  • Vinyl Flooring
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Air Conditioning
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • Kona Kai Community
  • Kona Industrial Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3740100360015

Property Details

Home Type

Condominium

Est. Annual Taxes

$599

Year Built

Built in 1969

Lot Details

0

HOA Fees

$613 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Attribution Contact: 8089361800
  • Co List Office Phone: 8665498527
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: KONA INDUSTRIAL SUBDIVISION
  • Living Area: 616.0
  • Property Attached Yn: Yes
  • Reso Window Features: Drapes
  • Year Built: 1969
  • Tax Year: 2018
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable, DSL
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Range, Refrigerator
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Flooring: Vinyl
  • Total Bathrooms: 1

Exterior Features

  • Waterfront: No
  • Roads: County, Paved

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Cooling: Cash, HIS Air Conditioning
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 612.79
  • Association Fee Frequency: Monthly
  • Project: Kona Kai

Lot Info

  • Zoning: CV-10
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3740100360015
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 599.0

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2025 03/12/25 Sold $115,000 -21.8% $187 / Sq Ft
01/27/2025 01/27/25 For Sale $147,000 -16.0% $239 / Sq Ft
12/05/2024 12/05/24 Price Changed $175,000 -7.4% $284 / Sq Ft
08/20/2024 08/20/24 For Sale $189,000 +122.4% $307 / Sq Ft
09/18/2019 09/18/19 Sold $85,000 -32.0% $138 / Sq Ft
09/01/2019 09/01/19 Pending -- -- --
05/31/2019 05/31/19 For Sale $125,000 +160.4% $203 / Sq Ft
03/31/2017 03/31/17 Sold $48,000 -4.0% $78 / Sq Ft
03/04/2017 03/04/17 Pending -- -- --
03/03/2017 03/03/17 For Sale $50,000 -- $81 / 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 $1,683 $144,000 $21,100 $122,900
2024 $1,683 $137,000 $21,100 $115,900
2023 $1,532 $124,700 $21,100 $103,600
2022 $1,319 $107,400 $21,100 $86,300
2021 $1,049 $85,400 $21,100 $64,300
2020 $1,073 $87,400 $21,100 $66,300
2019 $802 $130,600 $42,200 $88,400
2018 $600 $49,100 $21,100 $28,000
2017 $546 $44,500 $21,100 $23,400
2016 $509 $44,500 $21,100 $23,400
2015 $464 $44,500 $21,100 $23,400
2014 $464 $44,500 $21,100 $23,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 629373

Hawaii Information Service (MLS Hawaii)

APN: 3-7-4-010-036-0015