75-5855 Walua Rd Unit 20 Kailua Kona, HI 96740
2
Beds
1.5
Baths
800
Sq Ft
$900/mo
HOA Fee
Highlights
- Ocean View
- End Unit
- Level Lot
- In Ground Pool
- Attached Garage
- Vinyl Flooring
About This Home
As of June 2025Discover your slice of paradise at Malia Kai, an exclusive 20-unit townhouse-style enclave in the vibrant heart of Kailua-Kona. Malia Kai #20 is a coveted 2-br end unit fully updated with modern elegance and island charm. It has ocean, mountain, and garden views. It is offered mostly furnished and ready for immediate enjoyment.
Malia Kai is known for its unique multi-level design, providing excellent space utilization and privacy.
The ground-floor entrance has a designated one-car carport, separate laundry and storage room, and direct access to the lush, tropically landscaped common area garden, relaxing pool, and BBQ area. *The unit’s private storage and laundry room can accommodate bicycles, surfboards, and beach essentials.
The first floor welcomes you with a one-of-a-kind atmosphere gleaming with refined Hawaii elegance! Most everything has been updated and customized with high-end features and thoughtful design touches. This floor consists of the living room, a convenient guest bathroom, the kitchen, and the dining area with access to one of two lanais.
The upper level consists of two bedrooms currently used as a large bedroom suite and living area. This space features high ceilings and is very flexible, offering an array of design configurations (two bedrooms, one large bedroom & living area, bedroom & office, etc.). *The rooms are partitioned by custom sliding curtains for privacy as needed. An additional, second lanai is accessible from the top floor and has fantastic views.
FEATURES:
- Secured (gated) complex w/ covered parking & swimming pool
- Short-term rentals allowed
- Ocean Views!
- New tropical wood bar counters
- New mini bar & fridge
- New Samsung refrigerator
- New MinkeAire ceiling fans (4) & kitchen fan (1)
- New washer/dryer, + new water heater
- New track lighting & pendants
- Various new furniture
- Plus, numerous additional updates!
Last Agent to Sell the Property
NextHome Paradise Realty Brokerage Phone: 8083456214 License #RS-83962 Listed on: 12/18/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,536
Year Built
- Built in 1972
Lot Details
- Property fronts a private road
- Property fronts a county road
- End Unit
- No Unit Above or Below
HOA Fees
- $900 Monthly HOA Fees
Property Views
- Ocean
- City
- Mountain
- Garden
Home Design
- Garden Apartment
Interior Spaces
- 800 Sq Ft Home
- 2-Story Property
- Blinds
Kitchen
- Electric Cooktop
- Microwave
- Dishwasher
- Wine Cooler
Flooring
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Home Security
Parking
- Attached Garage
- Assigned Parking
Pool
- In Ground Pool
Utilities
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 3750090090020
Community Details
Overview
- Malia Kai Community
- Hienaloli 6Th Puaa 2Nd Subdivision
Pet Policy
- No Pets Allowed
Security
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 18, 2024
Closed on
May 21, 2025
Sold by
Seymour Janet B and Oncina Carlos A
Bought by
Palan Kent Phillip and Palan Maria Bella
Seller's Agent
Penn Henderson
NextHome Paradise Realty
Buyer's Agent
Jenni Lee
KW Big Island
List Price
$649,000
Sold Price
$595,000
Premium/Discount to List
-$54,000
-8.32%
Views
75
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.11%
Original Mortgage
$476,000
Outstanding Balance
$475,188
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$112,980
Purchase Details
Listed on
May 20, 2022
Closed on
Jun 2, 2022
Sold by
Residential Credit Opportunities Trust
Bought by
Seymour Janet B and Oncina Carlos A
Seller's Agent
Philip Campos
Island Premier Realty, LLC
Buyer's Agent
Penn Henderson
NextHome Paradise Realty
List Price
$399,900
Sold Price
$480,000
Premium/Discount to List
$80,100
20.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.66%
Original Mortgage
$294,000
Interest Rate
5.09%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 13, 2021
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Wilmington Savings Fund Society Fsb and Residential Credit Opportunities Trust V
Purchase Details
Closed on
Nov 30, 2021
Sold by
Peters Daniel
Bought by
Wilmington Savings Fund Society Fsb and Residential Credit Opportunities Trust V
Purchase Details
Closed on
Oct 27, 2021
Sold by
Lin Reeves Alison
Bought by
Residential Credit Opportunities Trust
Purchase Details
Closed on
Aug 7, 2014
Sold by
Association Of Apartment Owners Of Malia
Bought by
Mk20 Llc
Purchase Details
Closed on
Nov 28, 2012
Sold by
Jewell Matthew G
Bought by
Association Of Apartment Owners Of Malia
Purchase Details
Closed on
Aug 27, 2002
Sold by
Alsarraf Dhia and Martin Chelie
Bought by
Reeves Alison Lin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,900
Interest Rate
6.29%
Purchase Details
Closed on
Jan 10, 2002
Sold by
Schunzel John Paul and Schunzel Tami Lynn
Bought by
Alsarraf Dhia and Martin Chelie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.99%
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 | -- | Ntk | |
| Deed | -- | Ntk | |
| Special Warranty Deed | $480,000 | First American Title Of Hawaii | |
| Special Warranty Deed | $480,000 | First American Title Of Hawaii | |
| Quit Claim Deed | -- | None Available | |
| Commissioners Deed | -- | None Available | |
| Foreclosure Deed | -- | -- | |
| Foreclosure Deed | -- | -- | |
| Quit Claim Deed | $5,000 | None Available | |
| Commissioners Deed | -- | None Available | |
| Deed | $159,900 | -- | |
| Warranty Deed | $150,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $476,000 | New Conventional | |
| Closed | $476,000 | New Conventional | |
| Previous Owner | $294,000 | New Conventional | |
| Previous Owner | $210,000 | Unknown | |
| Previous Owner | $189,000 | Unknown | |
| Previous Owner | $143,900 | No Value Available | |
| Previous Owner | $110,000 | No Value Available | |
| Previous Owner | $68,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/10/2025 06/10/25 | Sold | $595,000 | 0.0% | $744 / Sq Ft |
| 03/04/2025 03/04/25 | Price Changed | $595,000 | -7.6% | $744 / Sq Ft |
| 02/20/2025 02/20/25 | Price Changed | $644,000 | -0.8% | $805 / Sq Ft |
| 12/18/2024 12/18/24 | For Sale | $649,000 | +35.2% | $811 / Sq Ft |
| 07/15/2022 07/15/22 | Sold | $480,000 | +20.0% | $600 / Sq Ft |
| 06/01/2022 06/01/22 | Pending | -- | -- | -- |
| 05/20/2022 05/20/22 | For Sale | $399,900 | -- | $500 / 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 | $1,536 | $441,900 | $16,100 | $425,800 |
| 2024 | $1,536 | $429,000 | $27,000 | $402,000 |
| 2023 | $4,590 | $392,300 | $27,000 | $365,300 |
| 2022 | $3,604 | $308,000 | $27,000 | $281,000 |
| 2021 | $2,978 | $254,500 | $27,000 | $227,500 |
| 2020 | $2,875 | $245,700 | $27,000 | $218,700 |
| 2019 | $2,875 | $245,700 | $27,000 | $218,700 |
| 2018 | $0 | $213,600 | $27,000 | $186,600 |
| 2017 | $507 | $203,500 | $27,000 | $176,500 |
| 2016 | $1,953 | $180,000 | $27,000 | $153,000 |
| 2015 | $507 | $164,100 | $27,000 | $137,100 |
| 2014 | $507 | $164,100 | $27,000 | $137,100 |
Source: Public Records
Agents Affiliated with this Home
-
Penn Henderson
Seller's Agent in 2025
Penn Henderson
NextHome Paradise Realty
(808) 345-6214
21 in this area
37 Total Sales
-
Jenni Lee
J
Buyer's Agent in 2025
Jenni Lee
KW Big Island
(808) 430-3022
46 in this area
75 Total Sales
-
Philip Campos
Seller's Agent in 2022
Philip Campos
Island Premier Realty, LLC
(808) 357-5189
3 in this area
64 Total Sales
Map
Source: Hawaii Information Service (MLS Hawaii)
MLS Number: 716308
APN: 3-7-5-009-009-0020
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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