$165,000
SOLD JUL 23, 2024

74-5618 Palani Rd Unit D5 Kailua Kona, HI 96740

1 Bed
1 Bath
535 Sq Ft
$537/mo HOA Fee

Recently Sold

$308 Per Sq Ft

8% Below List Price

About This Home

As of July 2024

THIS IS A LEASEHOLD PROPERTY - SOLD BEFORE PRINT
Kona Kai 1 bedroom/ 1 bathroom with modern kitchen and AN easy walk to most Kona attractions.

Last Agent to Sell the Property

Rebecca Clancy

Hawaii Real Estate Group LLC Brokerage Phone: 8089900437 License #RB-22167 Listed on: 07/23/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $599

Year Built

  • Built in 1969

Lot Details

  • Property fronts a county road

HOA Fees

  • $537 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

  • 535 Sq Ft Home
  • Carpet

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Community Details

  • Kona Kai Community
  • Kona Industrial Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 3740100360029
  • $200 Monthly special tax assessment

Property Details

Home Type

Condominium

Est. Annual Taxes

$599

Year Built

Built in 1969

Lot Details

0

HOA Fees

$537 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Attribution Contact: 8089900437
  • Co List Office Phone: 8888199669
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: KONA INDUSTRIAL SUBDIVISION
  • Living Area: 535.0
  • Property Attached Yn: Yes
  • Year Built: 1969
  • Tax Year: 2023
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_SpecialAssessmentAmount: 200
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Microwave, Range, Refrigerator
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Flooring: Carpet
  • Total Bathrooms: 1

Exterior Features

  • Waterfront: No
  • Roads: County

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Cooling: Cash
  • Utilities: Electricity Available, Sewer Connected

Condo/Co-op/Association

  • Association Fee: 537.0
  • Association Fee Frequency: Monthly
  • Project: Kona Kai

Lot Info

  • Zoning: CV-10
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3740100360029
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 598.84

Similar Homes in Kailua Kona, HI

  • 74-5618 Palani Rd Unit D5, Kailua Kona, HI 96740

    $174,900

    • 1 Bed
    • 1 Bath
    • 535 Sq Ft
    • 74-5618 Palani Rd
    • Unit D5
    • Kailua Kona, HI

    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

    Felicia Frazer-Harms Coldwell Banker Island Properties - Kona

    Section Image
  • 74-5618 Palani Rd Unit C7, Kailua Kona, HI 96740

    $195,000

    • 2 Beds
    • 1 Bath
    • 616 Sq Ft
    • 74-5618 Palani Rd
    • Unit C7
    • Kailua Kona, HI

    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,

    Lori McNeel First Island Realty, LLC

    Section Image
  • 75-5776 Kuakini Hwy Unit 138, Kailua Kona, HI 96740

    $185,000

    • 1 Bed
    • 1 Bath
    • 372 Sq Ft
    • 75-5776 Kuakini Hwy
    • Unit 138
    • Kailua Kona, HI

    This is a leasehold property. The Kona Islander Inn is a very popular condo project with a robust vacation rental program. The property is located in the heart of Kailua Kona and within walking distance to dinning, shopping, swimming, and popular beaches. It is situated between Alii Dr. and Kuakini Hwy with access from either street. This ground floor unit offer a centrally located property for

    Philip Fukushima Aloha Sotheby's Intl Realty - Hawai'i

    Section Image
See All Homes in Kailua Kona

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
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)

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 $1,505 $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
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2025

    Felicia Frazer-Harms

    Coldwell Banker Island Properties - Kona

    (808) 936-2270

    1 in this area

    69 Total Sales

    Felicia Frazer-Harms
    Section Image

  • R

    Seller's Agent in 2024

    Rebecca Clancy

    Hawaii Real Estate Group LLC

    24 in this area

    37 Total Sales

    Rebecca Clancy
    Section Image

  • K

    Seller's Agent in 2020

    Kaila Voss

    eXp Realty

    (808) 895-4613

    2 in this area

    6 Total Sales

    Kaila Voss
    Section Image

  • C

    Seller's Agent in 2017

    Christina Menig

    Hawaii Coast Realty, LLC

    (916) 661-2087

    20 in this area

    32 Total Sales

    Christina Menig
    Section Image
See All Agents

Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 712779

Hawaii Information Service (MLS Hawaii)

APN: 3-7-4-010-036-0029

Hawaii Hawaii County Kailua Kona 96740

74-5618 Palani Rd Unit D5, Kailua Kona, HI

This home is located at 74-5618 Palani Rd Unit D5, Kailua Kona, HI 96740 and is currently priced at $165,000, approximately $308 per square foot. This property was built in 1969. 74-5618 Palani Rd Unit D5 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.

Nearby Homes