NOT LISTED FOR SALE

74-5618 Palani Rd Unit M8 Kailua Kona, HI 96740

Estimated Value: $168,128 - $187,000

2 Beds
1 Bath
624 Sq Ft
$613/mo HOA Fee

Last Sold January 19, 2023

Last sale price $177,000 $284 Per Sq Ft

Current estimated payment $1,714/month

104 Days on Market

About This Home

As of January 2023

This is a leasehold property. This turnkey condo is one not to be missed. Conveniently located right in the heart of Kona town. Walking distance to grocery stores, banking, restaurants, Kailua Kona Pier and more! This condo boasts a brand new walk in shower and bathroom vanity and fixtures and fresh interior paint throughout. The kitchen cabinets, counters, sink, dishwasher and garbage disposal were updated only 1 year ago. The kitchen does have a brand new stove and refrigerator. Enjoy your morning coffee or evening Pau Hana on the screened in lanai with your peakaboo ocean view. Current tenant is on a 90 day lease and paying rent of $2050 per month. Kona Kai Condominiums are approved for Short Term Vacation Rental, however this condo has never been used as such. New owner would need to file for the appropriate permits if desired. Perfect location for your new primary home, second vacation home. Don't miss it!

Last Agent to Sell the Property

Christina Menig

Hawaii Coast Realty, LLC Brokerage Phone: 8083459202 License #RS-75631 Listed on: 08/18/2022

Last Buyer's Agent

James Dahlberg

Found It LLC License #RB-7233

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,319

Year Built

  • Built in 1969

Lot Details

  • Property fronts a county road

HOA Fees

  • $613 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

  • 624 Sq Ft Home
  • Drapes & Rods
  • Blinds

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 3740100360095

Community Details

Overview

  • Kona Kai Community
  • Kona Industrial Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,319

Year Built

Built in 1969

Lot Details

0

HOA Fees

$613 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • ResoLaundryFeatures: Common Area
  • Attribution Contact: 8083459202
  • Co List Office Phone: 8089297063
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: KONA INDUSTRIAL SUBDIVISION
  • Living Area: 624.0
  • Property Attached Yn: Yes
  • Reso Window Features: Blinds, Drapes
  • Year Built: 1969
  • Tax Year: 2022
  • HIS_PoolYN: No
  • Unit Description: Walk-Up
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable, Wireless
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, HIS Microwave Hood, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Flooring: Ceramic Tile, Laminate
  • Total Bathrooms: 1

Exterior Features

  • Waterfront: No
  • Roads: County

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Cooling: Cash, Wall/Window Unit(s)
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities

Condo/Co-op/Association

  • Association Fee: 613.38
  • Association Fee Frequency: Monthly
  • Project: Kona Kai

Lot Info

  • Zoning: CV-10
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3740100360095
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1319.0

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

Property History

Date Event Price Change Sq Ft Price
04/19/2023 04/19/23 Off Market $177,000 -- --
01/19/2023 01/19/23 Sold $177,000 -6.3% $284 / Sq Ft
09/29/2022 09/29/22 Price Changed $189,000 -2.6% $303 / Sq Ft
09/02/2022 09/02/22 Price Changed $194,000 -9.8% $311 / Sq Ft
08/18/2022 08/18/22 For Sale $215,000 +489.0% $345 / Sq Ft
01/22/2015 01/22/15 Sold $36,500 -17.0% $58 / Sq Ft
01/08/2015 01/08/15 Pending -- -- --
12/02/2014 12/02/14 For Sale $44,000 -- $71 / 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 $1,683 $144,000 $21,100 $122,900
2024 $1,683 $137,000 $21,100 $115,900
2023 $1,532 $124,700 $21,100 $103,600
2022 $1,319 $107,400 $21,100 $86,300
2021 $1,049 $85,400 $21,100 $64,300
2020 $1,073 $87,400 $21,100 $66,300
2019 $802 $130,600 $42,200 $88,400
2018 $100 $49,100 $21,100 $28,000
2017 $226 $44,500 $21,100 $23,400
2016 $509 $44,500 $21,100 $23,400
2015 $464 $44,500 $21,100 $23,400
2014 $464 $44,500 $21,100 $23,400
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Christina Menig

    Hawaii Coast Realty, LLC

    (916) 661-2087

    20 in this area

    32 Total Sales

    Christina Menig
    Section Image
  • James Dahlberg

    Buyer's Agent in 2023

    James Dahlberg

    Found It LLC

    (808) 895-0073

    26 in this area

    60 Total Sales

    James Dahlberg
    Section Image

  • L

    Buyer's Agent in 2015

    Lynn Rumball

    Coldwell Banker Island Properties - Kona

    (808) 936-7092

    9 in this area

    57 Total Sales

    Lynn Rumball
    Section Image
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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 664046

Hawaii Information Service (MLS Hawaii)

APN: 3-7-4-010-036-0095

Hawaii Hawaii County Kailua Kona 96740

74-5618 Palani Rd Unit M8, Kailua Kona, HI

This home is located at 74-5618 Palani Rd Unit M8, Kailua Kona, HI 96740 since 18 August 2022 and is currently estimated at $176,282, approximately $282 per square foot. This property was built in 1969. 74-5618 Palani Rd Unit M8 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.

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