NOT LISTED FOR SALE

75-5873 Walua Rd Unit 301 Kailua Kona, HI 96740

Estimated Value: $418,000 - $462,000

1 Bed
1 Bath
571 Sq Ft
$531/mo HOA Fee

Last Sold October 20, 2021

Last sale price $351,000 $615 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,292/month

6 Days on Market

Highlights

  • Ocean View
  • End Unit
  • Solar Heating System
  • In Ground Pool
  • Air Conditioning

About This Home

As of October 2021

Enjoy vast ocean views from top-floor corner unit, Kona Mansions 301. Kona Mansions is located near all the action spots in Kailua Village, short distance to Honl's beach, close to restaurants, shops, beaches, Kailua pier and all the events that take in place in downtown Kona.

Unit 301 is completely remodeled with laminate floor, granite counter top, newer cabinets and newer bathroom. It is fully furnished and move-in ready condition.

Wonderful features of Unit 301.
* Top-floor third corner unit with a beautiful expansive ocean view.
* You can spot whales during winter season and dolphins all year around.
* Located on Walua Road, facing directly to ocean.
* There are only 4 units in each floor in A building which 301 is located.
* Recently installed new window AC, toilet, TV, and king size Nectar mattress.
* Completely renovated a few years ago, move-in ready condition.
* Turnkey furnished, ready for you to move in.
* Short Term Vacation Rental (STVR) license has been approved.

Great features of Kona Mansion.
* Short Term Vacation Rental (STVR) is allowed.
* Pet allowed under 20 lbs. with Board approval.
* Pool and BBQ recreation area.
* On-site manager.
* HOA Fees Include: Water, Sewer, Trash, Solar Hot Water, Gas, Basic Cable, Exterior Maintenance, Pool, Landscaping, Building Insurance and On-site Manager.

It is a wonderful opportunity to own a place to live as full time residence, vacation home or investment property.

Please see 3D virtual tour at

Last Agent to Sell the Property

Chiaki Yamada

KW Big Island Brokerage Phone: 8089376789 License #RB-23465 Listed on: 09/24/2021

Last Buyer's Agent

Micah Markley

LUVA LLC License #RB-23718

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,780

Year Built

  • Built in 1972

Lot Details

  • Property fronts a county road
  • End Unit

HOA Fees

  • $531 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

  • 571 Sq Ft Home
  • Multi-Level Property
  • Drapes & Rods
  • Blinds
  • Laminate Flooring
  • Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Air Conditioning
  • Phone Available
  • Cable TV Available

Additional Features

  • Solar Heating System
  • In Ground Pool
  • Upper Level

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 3750180120067

Community Details

Overview

  • Kona Mansions V Community

Amenities

  • Public Restrooms

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,780

Year Built

Built in 1972

Lot Details

0

HOA Fees

$531 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Attribution Contact: 8089376789
  • Co List Office Phone: 8082701046
  • Ownership: CPR
  • MLS Status: S
  • Reso Interior Features: Public Restroom
  • Living Area: 571.0
  • Property Attached Yn: Yes
  • Reso Window Features: Blinds, Drapes
  • Year Built: 1972
  • Tax Year: 2021
  • HIS_PoolYN: Yes
  • Unit Description: End Unit, Even Number Unit, High Floor Unit, Multi-Story, Walk-Up
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Flooring: Laminate
  • Total Bathrooms: 1

Exterior Features

  • View: HIS Sunset, Ocean
  • Pool Features: In Ground
  • Waterfront: No
  • Roads: County

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Cooling: Cash, HIS Air Conditioning
  • Heating: Solar
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 530.51
  • Association Fee Frequency: Monthly
  • Project: Kona Mansions V

Lot Info

  • Zoning: RM-1
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3750180120067
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2780.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2022
Sold by
Singh Gurdayal and Singh Sandeep Kaur
Bought by
75-5873 Walua Road Trust and Sun Moon 85 Stars Llc
Current Estimated Value
$435,968

Purchase Details

Listed on
Sep 24, 2021
Closed on
Oct 15, 2021
Sold by
Hargrove William and Hargrove Rose A
Bought by
Singh Gurdayal
Seller's Agent
Chiaki Yamada
KW Big Island
Buyer's Agent
Micah Markley
LUVA LLC
List Price
$330,000
Sold Price
$351,000
Premium/Discount to List
$21,000
6.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%

Purchase Details

Listed on
Mar 11, 2020
Closed on
Jun 11, 2020
Sold by
Beach Lake Resorts Llc
Bought by
Hargrove William and Hargrove Rose A
Seller's Agent
Chiaki Yamada
KW Big Island
Buyer's Agent
Chiaki Yamada
KW Big Island
List Price
$275,000
Sold Price
$260,000
Premium/Discount to List
-$15,000
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.10%

Purchase Details

Closed on
Jan 14, 2019
Sold by
Roney Stephen M and Roney Kathleen L
Bought by
Beach Lake Resorts Llc

Purchase Details

Listed on
Apr 12, 2016
Closed on
Jun 15, 2016
Sold by
Posner Reiko Elizabeth
Bought by
Roney Stephen M and Roney Kathleen L
Seller's Agent
Chiaki Yamada
KW Big Island
List Price
$199,000
Sold Price
$199,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.93%

Purchase Details

Closed on
Jul 8, 2005
Sold by
Mukai Stanley Y and Mukai Elaine O
Bought by
Posner Reiko Elizabeth and Miller Burr Churchill

Purchase Details

Closed on
Oct 2, 2002
Sold by
Association Of Apartment Owners Of Kona
Bought by
Mukai Stanley Y and Mukai Elaine O
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
75-5873 Walua Road Trust -- --
Singh Gurdayal $351,000 Old Republic Title & Escrow
Hargrove William $260,000 Fnt
Beach Lake Resorts Llc -- Or
Roney Stephen M -- Fntic
Roney Stephen M $199,000 Fntic
Posner Reiko Elizabeth $300,000 --
Mukai Stanley Y $14,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Singh Gurdayal $263,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2021 10/20/21 Sold $351,000 +6.4% $615 / Sq Ft
09/30/2021 09/30/21 Pending -- -- --
09/24/2021 09/24/21 For Sale $330,000 +26.9% $578 / Sq Ft
09/17/2020 09/17/20 Off Market $260,000 -- --
06/19/2020 06/19/20 Sold $260,000 -5.5% $455 / Sq Ft
05/20/2020 05/20/20 Pending -- -- --
03/11/2020 03/11/20 For Sale $275,000 +38.2% $482 / Sq Ft
06/28/2016 06/28/16 Sold $199,000 0.0% $349 / Sq Ft
04/29/2016 04/29/16 Pending -- -- --
04/12/2016 04/12/16 For Sale $199,000 -- $349 / 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 $4,685 $412,000 $21,500 $390,500
2024 $4,685 $400,400 $21,500 $378,900
2023 $3,909 $334,100 $21,500 $312,600
2022 $3,065 $262,000 $21,500 $240,500
2021 $2,780 $240,500 $21,500 $219,000
2020 $2,771 $236,800 $21,500 $215,300
2019 $2,442 $208,700 $21,500 $187,200
2018 $2,104 $179,800 $21,500 $158,300
2017 $1,750 $149,600 $21,500 $128,100
2016 $1,530 $141,000 $21,500 $119,500
2015 $1,393 $111,000 $21,500 $89,500
2014 $1,393 $86,900 $21,500 $65,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 654269

Hawaii Information Service (MLS Hawaii)

APN: 3-7-5-018-012-0067