$115,000
SOLD MAR 12, 2025

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

Kailua Kona Neighborhood
2 Beds
1 Bath
616 Sq Ft
$850/mo HOA Fee

Recently Sold

$187 Per Sq Ft

22% Below List Price

13 Days on Market

Highlights

  • In Ground Pool
  • Level Lot
  • Carpet

About This Home

As of March 2025

This is a leasehold property. Ocean view end unit with screened in lanai. Recent upgrades include replacing of breaker box, recessed lighting & ceiling fans. Windows have been replaced as have kitchen cabinets & appliances along with granite countertops. Bathrooms have been remodeled. Kona Kai is convenient walking distance to two shopping centers and downtown Kailua-Kona with all it's shops & restaurants. Complex has a very nice pool area.

Last Agent to Sell the Property

Harry Pritikin

Hawaii Real Estate Professor LLC Brokerage Phone: 8089893491 License #RB-20509 Listed on: 01/27/2025

Last Buyer's Agent

MerryAnne Stone

Coldwell Banker Island Properties - Kona License #RB-18200

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,683

Year Built

  • Built in 1969

Lot Details

  • Property fronts a county road
  • Cleared Lot

HOA Fees

  • $850 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

  • 616 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool

Community Details

  • Kona Kai Community
  • Kona Industrial Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3740100360015

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,683

Year Built

Built in 1969

Lot Details

0

HOA Fees

$850 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • ResoLotFeatures: Cleared
  • Attribution Contact: 8089893491
  • Co List Office Phone: 8089893491
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: KONA INDUSTRIAL SUBDIVISION
  • Unit Levels: Two
  • Living Area: 616.0
  • Property Attached Yn: Yes
  • Year Built: 1969
  • Tax Year: 2024
  • HIS_PoolYN: Yes
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Flooring: Carpet
  • Total Bathrooms: 1

Exterior Features

  • Topography: Fairly Level
  • Pool Features: In Ground
  • Waterfront: No
  • Roads: County, Paved

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Utilities: Electricity Available, Sewer Connected, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 849.51
  • 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: 1682.77

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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: 717561

Hawaii Information Service (MLS Hawaii)

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