
74-5618 Palani Rd Unit C7 Kailua Kona, HI 96740
Kailua Kona NeighborhoodEstimated payment $2,062/month
About This Home
This is a leasehold property. CASH or 1031 exchange only.
Charming Updated Condo in the Heart of Kona – Successful Vacation Rental!
Welcome to this beautifully updated, turn-key 2-bedroom, 1-bath condo located in the vibrant heart of Kona, with an ocean view. Just steps from the Ironman finish line and within walking distance to the pier, local markets, grocery stores, dining, shopping, and the stunning Pacific Ocean – the location couldn’t be more ideal.
Whether you’re looking for a personal island retreat or a proven investment property, this condo offers it all. Currently operating as a successful vacation rental, it’s fully furnished and ready for you or your guests to enjoy the best of Hawaii.
Maintenance fee includes water, sewer, gas, garbage service, ground maintenance, pool maintenance, quarterly pest control. NEW, coin operated washer/dryers on property.
Listing Agent
First Island Realty, LLC Brokerage Phone: 8082057720 License #RS-84022 Listed on: 04/08/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,734
Year Built
- Built in 1969
Lot Details
- Property fronts a private road
HOA Fees
- $850 Monthly HOA Fees
Parking
- Assigned Parking
Interior Spaces
- 616 Sq Ft Home
- Carpet
Kitchen
- Range
- Microwave
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Community Details
- Kona Kai Community
- Kona Industrial Subdivision
Listing and Financial Details
- Assessor Parcel Number 3740100360023
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,734 | $148,300 | $21,100 | $127,200 |
2024 | $1,734 | $141,200 | $21,100 | $120,100 |
2023 | $1,578 | $128,500 | $21,100 | $107,400 |
2022 | $1,359 | $110,600 | $21,100 | $89,500 |
2021 | $1,077 | $87,700 | $21,100 | $66,600 |
2020 | $1,104 | $89,900 | $21,100 | $68,800 |
2019 | $100 | $96,400 | $42,200 | $54,200 |
2018 | $100 | $46,800 | $21,100 | $25,700 |
2017 | $50 | $45,400 | $21,100 | $24,300 |
2016 | $25 | $45,400 | $21,100 | $24,300 |
2015 | $474 | $45,400 | $21,100 | $24,300 |
2014 | $474 | $45,400 | $21,100 | $24,300 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/08/2025 04/08/25 | For Sale | $195,000 | +21.9% | $317 / Sq Ft |
01/15/2024 01/15/24 | Off Market | $160,000 | -- | -- |
10/17/2023 10/17/23 | Sold | $160,000 | 0.0% | $260 / Sq Ft |
09/27/2023 09/27/23 | Off Market | $160,000 | -- | -- |
09/21/2023 09/21/23 | Price Changed | $169,000 | -10.6% | $274 / Sq Ft |
08/22/2023 08/22/23 | Price Changed | $189,000 | -12.1% | $307 / Sq Ft |
07/14/2023 07/14/23 | For Sale | $215,000 | +34.4% | $349 / Sq Ft |
06/18/2023 06/18/23 | Off Market | $160,000 | -- | -- |
06/16/2023 06/16/23 | For Sale | $215,000 | +115.0% | $349 / Sq Ft |
05/22/2019 05/22/19 | Sold | $100,000 | -13.0% | $162 / Sq Ft |
04/22/2019 04/22/19 | Pending | -- | -- | -- |
03/16/2019 03/16/19 | For Sale | $115,000 | +318.2% | $187 / Sq Ft |
08/07/2012 08/07/12 | Sold | $27,500 | +10.0% | $45 / Sq Ft |
05/17/2012 05/17/12 | Pending | -- | -- | -- |
05/11/2012 05/11/12 | For Sale | $25,000 | -- | $41 / Sq Ft |
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Source: Hawaii Information Service (MLS Hawaii)
MLS Number: 719984

APN: 3-7-4-010-036-0023
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