$160,000
SOLD MAY 23, 2025

74-5618 Palani Rd Unit J2 Kailua Kona, HI 96740

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

Recently Sold

$256 Per Sq Ft

6 Days on Market

About This Home

As of May 2025

This is a leasehold property. LOCATION, LOCATION, LOCATION!!
COMPLETLY REMODELED WITHIN LAST 6 MONTHS.

Welcome to this beautifully updated, turn-key 2-bedroom, 1-bath condo. Has STVR license and active Air BNB!

Newly remodeled to all requirements for Air BnB.
Has a new pullout sofa for the additional guest.
Beautiful condo!

Last Agent to Sell the Property

MerryAnne Stone

Coldwell Banker Island Properties - Kona Brokerage Phone: 8089602082 License #RB-18200 Listed on: 04/10/2025

Last Buyer's Agent

Hayden Fennoy

eXp Realty License #RS-87220

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $213

Year Built

  • Built in 1969

Lot Details

  • Property fronts a county road

HOA Fees

  • $850 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • 624 Sq Ft Home

Kitchen

  • Gas Cooktop
  • Range Hood
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 3740100360067

Community Details

Overview

  • Kona Kai Community
  • Kona Industrial Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$213

Year Built

Built in 1969

Lot Details

0

HOA Fees

$850 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Attribution Contact: 8089602082
  • Co List Office Phone: 8088757000
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: KONA INDUSTRIAL SUBDIVISION
  • Living Area: 624.0
  • Property Attached Yn: Yes
  • Year Built: 1969
  • Tax Year: 2024
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Disposal, Gas Cooktop, Microwave, Range Hood, Refrigerator
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Exterior Features

  • Waterfront: No
  • Roads: County

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Utilities: Electricity Available, Sewer Connected

Condo/Co-op/Association

  • Association Fee: 849.51
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Project: Kona Kai

Lot Info

  • Zoning: CV-10
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3740100360067

Tax Info

  • Tax Annual Amount: 213.12

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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

Mortgage History

Date Status Loan Amount Loan Type
Closed $15,400 Stand Alone Second
Closed $138,600 Unknown
Closed $44,000 No Value Available
Closed $8,250 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Sold $160,000 0.0% $256 / Sq Ft
04/10/2025 04/10/25 For Sale $160,000 +23.1% $256 / Sq Ft
11/25/2024 11/25/24 Sold $130,000 -18.2% $208 / Sq Ft
11/15/2024 11/15/24 For Sale $159,000 0.0% $255 / Sq Ft
10/18/2024 10/18/24 Off Market $159,000 -- --
10/15/2024 10/15/24 Off Market $159,000 -- --
10/13/2024 10/13/24 For Sale $159,000 0.0% $255 / Sq Ft
10/02/2024 10/02/24 For Sale $159,000 +0.6% $255 / Sq Ft
08/09/2021 08/09/21 Sold $158,000 -4.2% $253 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
06/11/2021 06/11/21 For Sale $165,000 +243.8% $264 / Sq Ft
09/05/2016 09/05/16 Off Market $48,000 -- --
06/07/2016 06/07/16 Sold $48,000 -5.9% $77 / Sq Ft
01/14/2016 01/14/16 Pending -- -- --
09/15/2015 09/15/15 For Sale $51,000 +96.2% $82 / Sq Ft
05/02/2014 05/02/14 Sold $26,000 -5.5% $42 / Sq Ft
05/02/2014 05/02/14 Pending -- -- --
05/02/2014 05/02/14 For Sale $27,500 -- $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 $213 $144,800 $21,100 $123,700
2024 $213 $140,600 $21,100 $119,500
2023 $211 $136,500 $21,100 $115,400
2022 $1,441 $117,300 $21,100 $96,200
2021 $1,138 $92,700 $21,100 $71,600
2020 $1,167 $95,000 $21,100 $73,900
2019 $865 $140,800 $42,200 $98,600
2018 $642 $52,300 $21,100 $31,200
2017 $580 $47,200 $21,100 $26,100
2016 $540 $47,200 $21,100 $26,100
2015 $492 $47,200 $21,100 $26,100
2014 $492 $47,200 $21,100 $26,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 720105

Hawaii Information Service (MLS Hawaii)

APN: 3-7-4-010-036-0067