NOT LISTED FOR SALE

75-5870 Kahakai Rd Unit 403 Kailua Kona, HI 96740

Estimated Value: $544,000 - $791,000

1 Bed
1 Bath
576 Sq Ft
$1,129/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $480,000 $833 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $5,055/month

11 Days on Market

Highlights

  • Ocean View
  • Waterfront
  • Landscaped
  • In Ground Pool
  • Ceramic Tile Flooring

About This Home

As of December 2020

Absolute ocean front with your lanai almost over the water
This top floor unit has one of the best views in Kona and with year round sunsets
Very quiet except for the rhythmic sounds of the ocean
Hale Kona Kai is a popular boutique vacation rental complex with 39 units
One Bath, One Bedroom with 1 king bed + a queen sofa bed in living room
Fully turn-key furnished with everything needed for a guest's home away from home
Fantastic views from the kitchen, living room, and from the extra large bedroom windows
Move-in or ready to vacation or long term rent on the first day
Central air conditioning, elevator to each floor, assigned parking, secure WIFI, cable TV, and long-distance calls to the mainland and Canada are all included
In addition there is NO electric bill; it is included in the monthly maintenance fee
Also included are Water, Trash, Sewer, Pest control services – inside and out, Building insurance, Gardening services, Pool care and cleaning
And, an absolutely oceanfront condo with unbeatable views
Minutes to everything Kailua Village has to offer
Only a half block from Honl's Beach
Short Term Vacation Rental Permit in place with good rental history and online reviews
Guests repeatedly request this top floor unit for its desirable location offering privacy and quiet since no one is above
The heated salt water swimming pool and barbeque are next to the ocean.
Laundry machines are available on each floor for convenience
The kitchen and bathroom have granite counter tops
Stainless refrigerator
Tile flooring in the kitchen and bath with bamboo flooring in the living area & bedroo

Last Agent to Sell the Property

Taina Laurila

Casago Kona LLC Brokerage Phone: 7608998567 License #RS-82767 Listed on: 10/11/2020

Last Buyer's Agent

Jenni Lee

KW Big Island License #RS-69239

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,925

Year Built

  • Built in 1972

Lot Details

  • Waterfront
  • Property fronts a county road
  • Landscaped
  • Property is zoned V-.75

HOA Fees

  • $1,044 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

  • 576 Sq Ft Home
  • Elevator
  • Blinds
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Indoor Grill
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Pool

  • In Ground Pool
  • Gunite Pool

Location

  • Upper Level

Utilities

  • Underground Utilities
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • Hale Kona Kai Community

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 3750180170029

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,925

Year Built

Built in 1972

Lot Details

0

HOA Fees

$1,044 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Road Frontage Type: Other
  • ResoLotFeatures: Landscaped
  • Road Frontage Type: Other
  • ResoSecurityFeatures: Smoke Detector(s)
  • Attribution Contact: 7608998567
  • Co List Office Phone: 8004213696
  • Ownership: CPR
  • MLS Status: S
  • Reso Interior Features: Elevator
  • Living Area: 576.0
  • Property Attached Yn: No
  • Reso Window Features: Blinds
  • Year Built: 1972
  • Tax Year: 2020
  • HIS_PoolYN: Yes
  • Unit Description: High Floor Unit
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Wireless
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Indoor Grill, Microwave, Range, Refrigerator
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Flooring: Ceramic Tile, Vinyl
  • Total Bathrooms: 1

Exterior Features

  • View: HIS Sunset, Ocean, Ocean Horizon
  • Pool Features: Gunite, In Ground
  • Waterfront: Yes
  • Roads: County

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities

Condo/Co-op/Association

  • Association Fee: 1044.0
  • Association Fee Frequency: Monthly
  • Project: Hale Kona Kai

Lot Info

  • Zoning: V-.75
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3750180170029
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4925.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2020
Closed on
Dec 15, 2020
Sold by
Maxwell Arthur Bruce and Maxwell Olga Marie
Bought by
Lee Steven and Lee Jennifer Elizabeth
Seller's Agent
Taina Laurila
Casago Kona LLC
Buyer's Agent
Jenni Lee
KW Big Island
List Price
$484,900
Sold Price
$480,000
Premium/Discount to List
-$4,900
-1.01%
Current Estimated Value
$650,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,445
Avg. Annual Appreciation
7.30%
Original Mortgage
$355,000
Outstanding Balance
$318,955
Interest Rate
2.7%
Mortgage Type
Seller Take Back
Estimated Equity
$349,938

Purchase Details

Closed on
Nov 24, 1999
Sold by
Dunst Mary Judith
Bought by
Maxwell Arthur Bruce and Maxwell Olga Marie
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 Steven $480,000 Fam
Lee Steven $480,000 Fam
Maxwell Arthur Bruce $177,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Steven $355,000
Closed Lee Steven $355,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2021 03/19/21 Off Market $480,000 -- --
12/18/2020 12/18/20 Sold $480,000 -1.0% $833 / Sq Ft
10/22/2020 10/22/20 Pending -- -- --
10/11/2020 10/11/20 For Sale $484,900 -- $842 / 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 $5,672 $484,800 $17,600 $467,200
2024 $5,672 $484,800 $17,600 $467,200
2023 $5,657 $483,500 $17,600 $465,900
2022 $5,162 $441,200 $17,600 $423,600
2021 $5,260 $449,600 $17,600 $432,000
2020 $4,926 $421,000 $17,600 $403,400
2019 $4,496 $384,300 $17,600 $366,700
2018 $4,088 $349,400 $17,600 $331,800
2017 $4,396 $375,700 $17,600 $358,100
2016 $3,395 $312,900 $17,600 $295,300
2015 $2,988 $289,200 $17,600 $271,600
2014 $2,988 $289,200 $17,600 $271,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 643385

Hawaii Information Service (MLS Hawaii)

APN: 3-7-5-018-017-0029