75-5855 Walua Rd Unit 12 Kailua Kona, HI 96740
Kailua Kona Neighborhood
1
Bed
1.5
Baths
800
Sq Ft
$900/mo
HOA Fee
About This Home
As of May 2025This fully renovated, turnkey condo in Kona offers modern design, privacy, and exceptional rental potential with an active vacation rental permit. Nestled in the quiet back corner of the desirable Malia Kai complex, this stunning unit has no neighbors above or below, and only one shared wall.
Upgraded Interior: The extensive renovation featured upgraded flooring, paint, artwork, ceiling fans, lighting fixtures, switches, baseboards and trim for a polished, modern aesthetic. The kitchen was remodeled with updated cabinetry, quartz counters, and premium appliances. Both bathrooms were updated with contemporary finishes, such as new vanities, shower tile, toilets and fixtures. High vaulted ceilings on the top floor enhance the open, airy island feel.
Flexible Layout: The current 1-bedroom layout can easily be converted back to its original 2-bedroom design with Shoji doors or curtains, offering versatile options as a rental space or full-time occupancy. Two private lanais provide an ideal spot to relax and enjoy the tranquil surroundings, whether sipping morning Kona coffee or enjoying sunset mai tais. The condo is fully equipped with washer and dryer, conveniently located off the private carport, along with ample storage space.
Investment Potential: This unit has an active Short-Term Vacation Rental (STVR) Permit, offering immediate rental opportunities.
Exclusive Community: Malia Kai is a well-maintained boutique complex of only 20 units, creating an intimate and exclusive atmosphere. The gated property features a swimming pool, BBQ area with grills, and lush landscaping for residents and guests to enjoy.
Prime Location: Situated across from the Royal Kona Resort and just moments from Kailua-Kona's shops, restaurants and waterfront activities, this condo offers the perfect mix of privacy and convenience. Association dues cover basic cable, water, sewer, trash and exterior maintenance, ensuring a hassle-free ownership experience.
Last Agent to Sell the Property
eXp Realty Brokerage Phone: 8087824386 License #RS-84583 Listed on: 03/14/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,019
Year Built
- Built in 1972
Lot Details
- End Unit
- No Unit Above or Below
HOA Fees
- $900 Monthly HOA Fees
Interior Spaces
- 800 Sq Ft Home
- Carpet
Kitchen
- Range
- Built-In Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
Laundry
- Dryer
- Washer
Parking
- Covered Parking
- Assigned Parking
Community Details
- Malia Kai Community
- Hienaloli 6Th Puaa 2Nd Subdivision
Listing and Financial Details
- Property is used as a vacation rental
- Assessor Parcel Number 3750090090012
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 14, 2025
Closed on
Apr 25, 2025
Sold by
York Michael Dean and York Dana Erin
Bought by
Gogirls5 Llc
Seller's Agent
Joseph Lambert
eXp Realty
Buyer's Agent
Marc Shackman
Equity Hawaii Real Estate LLC
List Price
$549,000
Sold Price
$549,000
Views
17
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.60%
Original Mortgage
$850,000
Outstanding Balance
$850,000
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
-$296,791
Purchase Details
Listed on
May 25, 2022
Closed on
Jun 16, 2022
Sold by
Bremer Carolina Caballero
Bought by
York Michael Dean and York Dana Erin
Seller's Agent
Penn Henderson
NextHome Paradise Realty
Buyer's Agent
John Miller
Berkshire Hathaway HomeServices Hawaii Island Properties
List Price
$385,000
Sold Price
$405,000
Premium/Discount to List
$20,000
5.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.18%
Purchase Details
Closed on
Dec 8, 2006
Sold by
Raridon Ronald F
Bought by
Bremer Gary Wayne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,200
Interest Rate
7.25%
Mortgage Type
Unknown
Purchase Details
Closed on
Oct 27, 2004
Sold by
Alsarraf Dhia and Martin Celerina
Bought by
Raridon Ronald F and The Ronald F Raridon Trust
Purchase Details
Closed on
Jul 26, 2004
Sold by
Padlan Federico
Bought by
Alsarraf Dhia and Martin Celerina
Purchase Details
Closed on
Dec 26, 2002
Sold by
Carper Judy J
Bought by
Padlan Federico
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,500
Interest Rate
5.86%
Purchase Details
Closed on
Nov 2, 2000
Sold by
Callahan Peter J and Callahan Evelyn D
Bought by
Carper Judy J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.88%
Similar Homes in the area
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
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Fam | |
| Deed | -- | Fam | |
| Deed | $405,000 | First American Title Of Hawaii | |
| Deed | $405,000 | First American Title Of Hawaii | |
| Deed | $299,000 | Tg | |
| Warranty Deed | $289,000 | -- | |
| Deed | $129,600 | -- | |
| Deed | $166,000 | -- | |
| Deed | $145,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $850,000 | New Conventional | |
| Closed | $850,000 | New Conventional | |
| Previous Owner | $256,900 | New Conventional | |
| Previous Owner | $239,200 | Unknown | |
| Previous Owner | $124,500 | No Value Available | |
| Previous Owner | $60,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/02/2025 05/02/25 | Sold | $549,000 | 0.0% | $686 / Sq Ft |
| 03/14/2025 03/14/25 | For Sale | $549,000 | -4.5% | $686 / Sq Ft |
| 11/30/2024 11/30/24 | Price Changed | $575,000 | -4.0% | $719 / Sq Ft |
| 10/21/2024 10/21/24 | Off Market | $599,000 | -- | -- |
| 10/16/2024 10/16/24 | For Sale | $599,000 | 0.0% | $749 / Sq Ft |
| 10/14/2024 10/14/24 | Price Changed | $599,000 | -4.1% | $749 / Sq Ft |
| 09/25/2024 09/25/24 | Off Market | $624,900 | -- | -- |
| 09/24/2024 09/24/24 | For Sale | $624,900 | 0.0% | $781 / Sq Ft |
| 09/23/2024 09/23/24 | For Sale | $624,900 | +54.3% | $781 / Sq Ft |
| 09/18/2022 09/18/22 | Off Market | $405,000 | -- | -- |
| 06/20/2022 06/20/22 | Sold | $405,000 | +5.2% | $506 / Sq Ft |
| 05/28/2022 05/28/22 | Pending | -- | -- | -- |
| 05/25/2022 05/25/22 | For Sale | $385,000 | -- | $481 / 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 | $5,019 | $458,600 | $16,100 | $442,500 |
| 2024 | $5,019 | $429,000 | $27,000 | $402,000 |
| 2023 | $4,590 | $392,300 | $27,000 | $365,300 |
| 2022 | $501 | $201,800 | $27,000 | $174,800 |
| 2021 | $472 | $195,900 | $27,000 | $168,900 |
| 2020 | $444 | $190,200 | $27,000 | $163,200 |
| 2019 | $417 | $184,700 | $27,000 | $157,700 |
| 2018 | $390 | $179,300 | $27,000 | $152,300 |
| 2017 | $365 | $174,100 | $27,000 | $147,100 |
| 2016 | $585 | $169,000 | $27,000 | $142,000 |
| 2015 | $507 | $164,100 | $27,000 | $137,100 |
| 2014 | $507 | $164,100 | $27,000 | $137,100 |
Source: Public Records
Agents Affiliated with this Home
-
Joseph Lambert
Seller's Agent in 2025
Joseph Lambert
eXp Realty
(808) 782-4386
12 in this area
34 Total Sales
-
Marc Shackman
Buyer's Agent in 2025
Marc Shackman
Equity Hawaii Real Estate LLC
(808) 366-9114
5 in this area
31 Total Sales
-
Marisa Piazza
Seller's Agent in 2024
Marisa Piazza
Go Luxe Realty
(808) 557-5253
7 in this area
26 Total Sales
-
Penn Henderson
P
Seller's Agent in 2022
Penn Henderson
NextHome Paradise Realty
(808) 345-6214
21 in this area
37 Total Sales
-
John Miller
Buyer's Agent in 2022
John Miller
Berkshire Hathaway HomeServices Hawaii Island Properties
(808) 315-5501
38 in this area
75 Total Sales
Map
Source: Hawaii Information Service (MLS Hawaii)
MLS Number: 718808
APN: 3-7-5-009-009-0012
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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