74-5618 Palani Rd Unit J2 Kailua Kona, HI 96740
2
Beds
1
Bath
624
Sq Ft
$613/mo
HOA Fee
About This Home
As of May 2025This is a leasehold property. This upper unit has a beautiful kitchen with granite counters, newer cabinets, a brand new modern bathroom and two bedrooms, one with a sunset oceanview, the other with a garden view. The Kona Kai Complex allows for Full-time living, second homes and short-term vacation rentals. Comparable 2 bedroom units are currently renting for approximately $225 per night short term, $1,950 per month long term unfurnished, and $2,250 long term furnished. All rents are subject to the owner's discretion and Hawaii County does require a permit for short-term rentals. Please confirm any rental prices you may consider with your on-island property manager.
Many chose to live here full time as it is central to all Kona has to offer, has a peaceful lanai to enjoy throughout the day, and has a pool and BBQ area to enjoy right on the property if a walk to the beach seems too much effort.
AOAO dues include water, hot water, propane for cooking, rubbish removal, landscaping, insurance on the buildings, common area electric and pool maintenance.
This unit has 1 assigned parking space # J-2
Last Agent to Sell the Property
Hawaii Real Estate Group LLC Brokerage Phone: 8089900437 License #RB-22167 Listed on: 06/11/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,166
Year Built
- Built in 1969
Lot Details
- No Unit Above or Below
HOA Fees
- $613 Monthly HOA Fees
Parking
- Assigned Parking
Interior Spaces
- 624 Sq Ft Home
- 2-Story Property
- Drapes & Rods
- Blinds
Kitchen
- Range
- Microwave
Flooring
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Utilities
- Internet Available
- Phone Available
- Cable TV Available
Community Details
- Kona Kai Community
- Kona Industrial Subdivision
Listing and Financial Details
- Assessor Parcel Number 3740100360067
Similar Homes in Kailua Kona, HI
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
Average Home Value in this Area
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
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
-
MerryAnne Stone
M
Seller's Agent in 2025
MerryAnne Stone
Coldwell Banker Island Properties - Kona
(808) 960-2082
4 in this area
6 Total Sales
-
Hayden Fennoy
Buyer's Agent in 2025
Hayden Fennoy
eXp Realty
(808) 642-6119
1 in this area
5 Total Sales
-
Jamie Russell
J
Seller's Agent in 2024
Jamie Russell
Found It LLC
(808) 214-8060
6 in this area
8 Total Sales
-
Rebecca Clancy
R
Seller's Agent in 2021
Rebecca Clancy
Hawaii Real Estate Group LLC
24 in this area
37 Total Sales
-
Leslie Oxley-Friedrich
L
Seller's Agent in 2016
Leslie Oxley-Friedrich
Hawaii Life
(808) 937-0649
14 in this area
47 Total Sales
-
Kevin Walmsley
K
Buyer's Agent in 2016
Kevin Walmsley
Corcoran Pacific Properties
(808) 313-1514
40 in this area
73 Total Sales
Map
Source: Hawaii Information Service (MLS Hawaii)
MLS Number: 651159
APN: 3-7-4-010-036-0067
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.
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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