$179,500

74-5618 Palani Rd Unit M6 Kailua Kona, HI 96740

Kailua Kona Neighborhood

Estimated payment $1,632/month

Total Views 15,880
1 Bed
1 Bath
535 Sq Ft
$336 Price per Sq Ft

About This Home

This is a leasehold property.
CASH BUYERS ONLY
Step into opportunity. Beautifully remodeled 1 bedroom, condo with courtyard views and a desirable Kona location. Currently a Popular and Profitable STVR with 2023 Gross rental income over $55,000.
KEY FEATURES:
PRIME LOCATION: Situated in the heart of Kailua-Kona, this condo offers unparalleled access to pristine beaches, vibrant nightlife, and shopping/dining options. Guests will delight in the convenience of exploring the area's top attractions within minutes.
EXQUISITE REMODEL: Meticulously redesigned with modern elegance. From sleek bamboo floors in the kitchen to designer fixtures, every detail has been carefully chosen to offer an interior space comfort, and function.
ACCOMMODATIONS: With a large bedroom, residents can unwind in comfort in the bedroom, which has a large closet and an individual air conditioner.
KITCHEN: Fully-equipped kitchen, complete with new appliances, quartz countertops, and ample cabinet space.
AMENITIES: A sparkling swimming pool, laundry center, assigned parking, and lush tropical landscaping.
Whether seeking a lucrative investment opportunity or a personal retreat, this condo offers the best of both worlds. With a proven track record as a profitable vacation rental, you can maximize your returns while enjoying the flexibility to escape to paradise whenever you desire.

Listing Agent

Rebecca Clancy

Hawaii Real Estate Group LLC Brokerage Phone: 8089900437 License #RB-22167 Listed on: 08/11/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,430

Year Built

  • Built in 1969

Lot Details

  • Property fronts a county road

HOA Fees

  • $530 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

  • Assessor Parcel Number 3740100360093
  • $240 Monthly special tax assessment

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,430

Year Built

Built in 1969

Lot Details

0

HOA Fees

$530 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Attribution Contact: 8089900437
  • Co List Office Phone: 8888199669
  • Ownership: CPR
  • MLS Status: A
  • 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: 240
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • Special Features: None
  • Property Sub Type: Condos

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

  • Utilities: Electricity Available, Sewer Connected

Condo/Co-op/Association

  • Association Fee: 529.55
  • Association Fee Frequency: Monthly
  • Project: Kona Kai

Lot Info

  • Zoning: CV-10
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3740100360093
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1429.74

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,575 $134,800 $17,500 $117,300
2024 $1,575 $128,200 $17,500 $110,700
2023 $1,430 $116,400 $17,500 $98,900
2022 $1,227 $99,900 $17,500 $82,400
2021 $969 $78,900 $17,500 $61,400
2020 $992 $80,800 $17,500 $63,300
2019 $733 $119,400 $35,000 $84,400
2018 $543 $44,200 $17,500 $26,700
2017 $489 $39,800 $17,500 $22,300
2016 $455 $39,800 $17,500 $22,300
2015 $415 $39,800 $17,500 $22,300
2014 $415 $39,800 $17,500 $22,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2024 10/30/24 Off Market $179,500 -- --
10/28/2024 10/28/24 For Sale $179,500 0.0% $336 / Sq Ft
08/11/2024 08/11/24 For Sale $179,500 +327.4% $336 / Sq Ft
03/15/2017 03/15/17 Sold $42,000 0.0% $79 / Sq Ft
03/04/2017 03/04/17 Pending -- -- --
03/01/2017 03/01/17 For Sale $42,000 -- $79 / Sq Ft
Source: Hawaii Information Service (MLS Hawaii)

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Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 713251

Hawaii Information Service (MLS Hawaii)

APN: 3-7-4-010-036-0093