74-5618 Palani Rd Unit D5 Kailua Kona, HI 96740
Estimated payment $1,754/month
Highlights
- Ocean View
- High Speed Internet
- Carpet
- In Ground Pool
About This Home
This is a leasehold property. Many units in this complex are successful vacation rentals. This unit can be sold fully furnished and turnkey if new owner would like to start a vacation rental immediately or make it your own residence, pets allowed at this complex.
This unit is ready to go!
Its walking distance to the beach, town, shopping, dining, grocery stores, post office, banks, and everything that beautiful downtown Kailua-Kona has to offer!
Due to this being a leasehold property, this sale must be cash or a 1031 exchange.
Listing Agent
Coldwell Banker Island Properties - Kona Brokerage Phone: 8089362270 License #RS-66974 Listed on: 06/02/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,505
Year Built
- Built in 1969
HOA Fees
- $706 Monthly HOA Fees
Parking
- Assigned Parking
Property Views
- Ocean
- City
- Garden
Interior Spaces
- 535 Sq Ft Home
- Carpet
Kitchen
- Range
- Microwave
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Utilities
- High Speed Internet
- Internet Available
- Phone Available
- Cable TV Available
Additional Features
- In Ground Pool
- Property fronts a county road
Listing and Financial Details
- Assessor Parcel Number 3740100360029
Community Details
Overview
- Kona Kai Community
- Kona Industrial Subdivision
Pet Policy
- Pets Allowed
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 | $1,505 | $128,700 | $17,500 | $111,200 |
| 2024 | $1,505 | $122,500 | $17,500 | $105,000 |
| 2023 | $1,366 | $111,200 | $17,500 | $93,700 |
| 2022 | $1,174 | $95,600 | $17,500 | $78,100 |
| 2021 | $930 | $75,700 | $17,500 | $58,200 |
| 2020 | $952 | $77,500 | $17,500 | $60,000 |
| 2019 | $706 | $115,000 | $35,000 | $80,000 |
| 2018 | $526 | $42,800 | $17,500 | $25,300 |
| 2017 | $238 | $38,700 | $17,500 | $21,200 |
| 2016 | $442 | $38,700 | $17,500 | $21,200 |
| 2015 | $402 | $38,700 | $17,500 | $21,200 |
| 2014 | $402 | $38,700 | $17,500 | $21,200 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/11/2025 08/11/25 | Price Changed | $174,900 | -2.6% | $327 / Sq Ft |
| 06/02/2025 06/02/25 | For Sale | $179,500 | +8.8% | $336 / Sq Ft |
| 07/23/2024 07/23/24 | Sold | $165,000 | -7.8% | $308 / Sq Ft |
| 07/23/2024 07/23/24 | For Sale | $179,000 | +88.4% | $335 / Sq Ft |
| 03/09/2020 03/09/20 | Sold | $95,000 | -12.8% | $178 / Sq Ft |
| 01/05/2020 01/05/20 | Pending | -- | -- | -- |
| 12/13/2019 12/13/19 | For Sale | $109,000 | +103.7% | $204 / Sq Ft |
| 07/05/2017 07/05/17 | Sold | $53,500 | 0.0% | $100 / Sq Ft |
| 06/06/2017 06/06/17 | Pending | -- | -- | -- |
| 05/25/2017 05/25/17 | For Sale | $53,500 | +167.5% | $100 / Sq Ft |
| 03/12/2014 03/12/14 | Sold | $20,000 | -14.9% | $37 / Sq Ft |
| 02/07/2014 02/07/14 | Pending | -- | -- | -- |
| 01/24/2014 01/24/14 | For Sale | $23,500 | -- | $44 / Sq Ft |
Source: Hawaii Information Service (MLS Hawaii)
MLS Number: 721367
APN: 3-7-4-010-036-0029
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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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