$130,000
SOLD NOV 25, 2024

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

Kailua Kona Neighborhood
2 Beds
1 Bath
624 Sq Ft
$639/mo HOA Fee

Recently Sold

$208 Per Sq Ft

18% Below List Price

43 Days on Market

Highlights

  • Ocean View
  • High Speed Internet
  • Grass Covered Lot
  • In Ground Pool
  • Gentle Sloping Lot
  • Carpet

About This Home

As of May 2025

This is a leasehold property. Lease expires December 31, 2034. Nestled in the heart of town, this affordable condo offers urban convenience and a relaxing private paradise of your own . Step onto the covered balcony and be greeted by views of the sparkling coastline, where the vibrant energy of the town meets the calming serenity of the sea. Inside, the contemporary design incorporates natural light, with a fully equipped kitchen. Whether you're enjoying a sunset cocktail on the balcony, exploring the nearby shops and restaurants, or taking the 500 steps to jump in the ocean this centrally located oasis provides an unparalleled coastal living experience. This condo is sold fully furnished & ready to move in.

Last Agent to Sell the Property

Jamie Russell

Found It LLC Brokerage Phone: 8082148060 License #RS-70832 Listed on: 10/02/2024

Last Buyer's Agent

MerryAnne Stone

Coldwell Banker Island Properties - Kona License #RB-18200

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $213

Year Built

  • Built in 1969

Lot Details

  • Gentle Sloping Lot
  • Grass Covered Lot

HOA Fees

  • $639 Monthly HOA Fees

Parking

  • Assigned Parking

Property Views

  • Ocean
  • Mountain

Interior Spaces

  • 624 Sq Ft Home
  • Carpet

Kitchen

  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Pool

  • In Ground Pool
  • Gunite Pool

Utilities

  • High Speed Internet
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • Kona Kai Community
  • Kona Industrial Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3740100360067
  • $293 Monthly special tax assessment

Property Details

Home Type

Condominium

Est. Annual Taxes

$213

Year Built

Built in 1969

Lot Details

0

HOA Fees

$639 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • ResoLotFeatures: Grassy
  • Attribution Contact: 8082148060
  • Co List Office Phone: 8086505145
  • 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: Yes
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_SpecialAssessmentAmount: 293
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable, Fiber-Optic, Satellite, Wireless
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

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

Exterior Features

  • Topography: Gentle Slope
  • View: HIS Sunset, Mountain(s), Ocean, Ocean Horizon
  • Pool Features: Gunite, In Ground, Outdoor Pool
  • Waterfront: No
  • Roads: Paved

Garage/Parking

  • Parking Features: Assigned

Utilities

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

Condo/Co-op/Association

  • Association Fee: 639.0
  • Association Fee Frequency: Monthly
  • Project: Kona Kai

Lot Info

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

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: 714228

Hawaii Information Service (MLS Hawaii)

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