NOT LISTED FOR SALE

75-185 Alakai St Unit A Kailua Kona, HI 96740

Estimated Value: $530,000 - $580,375

3 Beds
1.5 Baths
1,192 Sq Ft
$460/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $515,000 $432 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,070/month

7 Days on Market

Highlights

  • Ocean View
  • Gentle Sloping Lot
  • Carpet

About This Home

As of May 2024

A super cute, solid, starter home with 3 bedrooms 1.5 bathrooms in a CPR duplex design. The front home is the subject property, and is located blocks from Ali'i Drive and the main shopping centers in Kailua-Kona. This efficient home has been 98% repainted inside and out, in all the areas that matter most.

The bedrooms are very nice size, located on the main floor. The carport and driveway can fit two vehicles, and still a large, locking storage locker at the back of the carport.

Upstairs is a spacious room housing a kitchen and large room for dining and living areas. Sliding doors open to the lanai with expansive ocean views of the bay and any cruise ships moored there. The lanai wraps around another side of the house, with views of Hualalai's slopes.

The yard is low-maintenance, but could be landscaped beautifully, and consists of an area in the front, one side and back of the home. There are fruit trees in the backyard.

Metal security screened doors allow cooling breezes into the home.

The Seller has cleaned up the home and painted. The roof is aluminum tile strips and in good shape. Floors downstairs are concrete with decorative ocean waves painted and those upstairs are bare wood - ready for easy choice of flooring.

This is a gilded charmer ready for a new owner to put any finishing touches they want, or none at all. It's move-in condition.

Last Agent to Sell the Property

Jeff Calley

Corcoran Pacific Properties Brokerage Phone: 8087690525 License #RS-79890 Listed on: 02/23/2024

Corcoran Pacific Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $432

Year Built

  • Built in 1979

Lot Details

  • Property fronts a county road
  • Gentle Sloping Lot
  • Property is zoned RD-3.75

Property Views

  • Ocean
  • Coastline
  • Bay

Interior Spaces

  • 1,192 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Covered Parking
  • Assigned Parking

Utilities

  • Private Sewer

Community Details

  • Alakai Condominium Project Community
  • Lono Kona Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3750221100001

Home Details

Home Type

Single Family

Est. Annual Taxes

$432

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Attribution Contact: 8087690525
  • Co List Office Phone: 8085892040
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: LONO - KONA SUBDIVISION
  • Living Area: 1192.0
  • Property Attached Yn: No
  • Year Built: 1979
  • Tax Year: 2023
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Private Contractor
  • HIS_InUseAsShortTermVacationRentalYN: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: None
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Flooring: Carpet
  • Total Bathrooms: 1

Exterior Features

  • Topography: Gentle Slope
  • View: Bay, HIS Coastline, HIS Sunset, Ocean, Ocean Horizon
  • Waterfront: No
  • Roads: County, Paved

Garage/Parking

  • Parking Features: Assigned, Covered

Utilities

  • Utilities: Electricity Available, Sewer Connected

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Project: ALAKAI CONDOMINIUM PROJECT

Lot Info

  • Zoning: RD-3.75
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3750221100001
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 431.73

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
May 9, 2024
Sold by
Hwang Myung Sook
Bought by
Lee Jeremy M
Seller's Agent
Jeff Calley
Corcoran Pacific Properties
List Price
$525,000
Sold Price
$515,000
Premium/Discount to List
-$10,000
-1.9%
Views
276
Current Estimated Value
$548,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,344
Avg. Annual Appreciation
4.45%
Original Mortgage
$412,000
Outstanding Balance
$406,157
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$142,187

Purchase Details

Closed on
Jun 5, 2020
Sold by
Rupley Ross
Bought by
Hwang Myung Sook

Purchase Details

Closed on
Aug 29, 2003
Sold by
Macatiag Paul and Sato Iris
Bought by
Rupley Ross and Rupley Myung Sook Hwang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lee Jeremy M -- Tge
Hwang Myung Sook -- None Available
Rupley Ross $257,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Jeremy M $412,000
Previous Owner Rupley Ross $177,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2024 05/23/24 Off Market $515,000 -- --
05/17/2024 05/17/24 Sold $515,000 -1.9% $432 / Sq Ft
04/07/2024 04/07/24 Off Market $525,000 -- --
02/23/2024 02/23/24 For Sale $525,000 -- $440 / 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 $2,324 $403,900 $180,800 $223,100
2024 $2,324 $374,300 $158,500 $215,800
2023 $432 $200,200 $57,100 $143,100
2022 $464 $194,400 $57,100 $137,300
2021 $437 $188,700 $57,100 $131,600
2020 $410 $183,200 $57,100 $126,100
2019 $192 $177,900 $57,100 $120,800
2018 $358 $172,700 $57,100 $115,600
2017 $333 $167,700 $57,100 $110,600
2016 $309 $162,800 $57,100 $105,700
2015 $402 $158,100 $57,100 $101,000
2014 $402 $153,500 $55,300 $98,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 708159

Hawaii Information Service (MLS Hawaii)

APN: 3-7-5-022-110-0001