NOT LISTED FOR SALE

75-5739 Alanoe Place Kailua Kona, HI 96740

Estimated Value: $1,032,000 - $1,174,011

4 Beds
4 Baths
2,080 Sq Ft
$535/Sq Ft Est. Value

Last Sold February 06, 2023

Last sale price $920,000 $442 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $6,815/month

12 Days on Market

Highlights

  • Ocean View
  • Attached Garage
  • Carpet
  • End Unit

About This Home

As of February 2023

LEGAL 3 STORY DUPLEX with OCEAN VIEWS and KONA TOWN VIEWS! Great for an investor looking for income. Rental potential for Unit A and UNIT B has STVR/NUC on file for property. HUGE GAINS especially in this strong rental market and excellent vacation rental property with STVR/NUC. No HOA FEES!

Each unit has 2 bedrooms and 2 bathrooms, featuring 1,040 sq. ft. of living area, 304 sq. ft. of lanai and 520 sq. ft. of garage and storage. The ground floor is garage and storage area. The bedrooms are located on the 2nd floor with covered lanai. The kitchen, living room and full bathroom are located on the 3rd floor along with ocean view covered lanai. Lots of room of extra parking is available on property. Solid cement block construction. Great for an investor looking for income

UNIT A: RENTAL POTENTIAL!!!!
~2nd Floor Bathroom renovated with new floor tile, deep & large tub, white bathroom counter top, toilet newly painted and new fixtures.
~3rd Floor Bathroom renovated with new floor tile, counter top, toilet newly painted and new fixtures.
~Lanai - freshly painted

UNIT B: AIR BNB UNIT with STVR/NUC on FILE —- Recently renovated in 2017. Selling fully furnished. BUYER MUST HONOR ALL BOOKINGS.
~Granite counter tops in bathrooms and kitchen
~Kitchen cabinets
~Bathroom cabinets
~Carpet throughout
~Tiled floor on 3rd floor bathroom
~Tiled showers

Conveniently located and walking distance to downtown Kailua-Kona. Close to shopping centers, gyms, supermarkets, restaurants and historical Alii Drive!

Last Agent to Sell the Property

Annie Howes

eXp Realty Brokerage Phone: 8089376256 License #RS-67492 Listed on: 10/06/2022

eXp Realty

Last Buyer's Agent

Sue Brown

Sue Brown Realty and Associates License #RB-20413

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,521

Year Built

  • Built in 1981

Lot Details

  • Property fronts a county road
  • Property is zoned RD-3.75

Parking

  • Attached Garage

Property Views

  • Ocean
  • Coastline

Interior Spaces

  • 2,080 Sq Ft Home
  • Multi-Level Property
  • Carpet

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Cable TV Available

Community Details

  • Lono Kona Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 84
  • Assessor Parcel Number 3750220860000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,521

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • ResoLotFeatures: See Remarks
  • Road Frontage Type: HIS Road/Street
  • ResoSecurityFeatures: None
  • Attribution Contact: 8089376256
  • Co List Office Phone: 8083291010
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: LONO - KONA SUBDIVISION
  • Living Area: 2080.0
  • Property Attached Yn: Yes
  • Year Built: 1981
  • Tax Year: 2022
  • HIS_PoolYN: No
  • Unit Description: Duplex, End Unit, Even Number Unit, Multi-Dwelling, Multi-Story
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: County-No Charge
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Range, Refrigerator
  • Total Bedrooms: 4
  • Full Bathrooms: 4
  • Flooring: Carpet
  • Total Bathrooms: 4

Exterior Features

  • View: HIS Coastline, Ocean, Ocean Horizon
  • Waterfront: No
  • Roads: County

Garage/Parking

  • Parking Features: Attached, Other

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Connected

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RD-3.75
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3750220860000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 8521.0
  • Tax Lot: 84

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2022
Closed on
Jan 9, 2023
Sold by
Howes Annie Madela and Howes Jason
Bought by
Halakau Investments Llc
Seller's Agent
Annie Howes
eXp Realty
Buyer's Agent
Sue Brown
Sue Brown Realty and Associates
List Price
$950,000
Sold Price
$920,000
Premium/Discount to List
-$30,000
-3.16%
Views
90
Current Estimated Value
$1,113,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,503
Avg. Annual Appreciation
7.44%
Original Mortgage
$697,500
Outstanding Balance
$612,627
Interest Rate
5.69%
Mortgage Type
New Conventional
Estimated Equity
$500,876

Purchase Details

Closed on
May 27, 2021
Sold by
Newbury Ednabil Pilande and Howes Annie Madela
Bought by
Howes Annie Madela and Howes Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 17, 2017
Closed on
Aug 23, 2017
Sold by
Mccaskill John Carl and Mccaskill Olga Jean Gladney
Bought by
Newbury Ednabil Pilande and Howes Annie Madela
Seller's Agent
Sue Brown
Sue Brown Realty and Associates
Buyer's Agent
Annie Howes
eXp Realty
List Price
$575,000
Sold Price
$560,000
Premium/Discount to List
-$15,000
-2.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.84%
Original Mortgage
$448,000
Interest Rate
4.03%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 20, 2004
Sold by
Smith Roger Neal and Smith Elane King
Bought by
Mccaskill John Carl and Mccaskill Olga Jean Gladney
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Halakau Investments Llc -- Title Guaranty & Escrow Servic
Howes Annie Madela -- Title Guaranty & Escrow Servic
Howes Annie Madela $210,886 Tg
Newbury Ednabil Pilande $560,000 First American Title Co Inc
Mccaskill John Carl $395,000 First Hawaii Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Halakau Investments Llc $697,500
Previous Owner Howes Annie Madela $444,000
Previous Owner Newbury Ednabil Pilande $448,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/07/2023 05/07/23 Off Market $920,000 -- --
02/06/2023 02/06/23 Sold $920,000 -3.2% $442 / Sq Ft
10/04/2022 10/04/22 For Sale $950,000 +69.6% $457 / Sq Ft
11/25/2017 11/25/17 Off Market $560,000 -- --
08/27/2017 08/27/17 Sold $560,000 -2.6% $269 / Sq Ft View Prior Sale
07/24/2017 07/24/17 Pending -- -- --
07/17/2017 07/17/17 For Sale $575,000 -- $276 / 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 $11,144 $1,081,800 $326,900 $754,900
2024 $11,144 $1,004,000 $286,600 $717,400
2023 $9,570 $862,200 $286,600 $575,600
2022 $8,521 $767,700 $192,100 $575,600
2021 $6,341 $571,300 $183,000 $388,300
2020 $6,089 $548,600 $177,700 $370,900
2019 $5,759 $518,800 $169,200 $349,600
2018 $5,175 $466,200 $162,700 $303,500
2017 $5,108 $460,200 $159,300 $300,900
2016 $4,359 $433,700 $140,000 $293,700
2015 -- $383,700 $140,000 $243,700
2014 -- $378,800 $130,200 $248,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 665750

Hawaii Information Service (MLS Hawaii)

APN: 3-7-5-022-086-0000