NOT LISTED FOR SALE

75-5873 Walua Rd Unit A203 Kailua Kona, HI 96740

Kailua Kona Neighborhood

Estimated Value: $370,000 - $501,000

1 Bed
1 Bath
571 Sq Ft
$518/mo HOA Fee

Last Sold May 20, 2020

Last sale price $240,000 $420 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $3,021/month

14 Days on Market

About This Home

As of May 2020

LOCATION, LIFESTYLE, AND GREAT AMENITIES define this stunning Kona Mansions condo in the heart of Kailua-Kona. Live like a local in this beautiful one-bedroom condominium which features incredible ocean views and spectacular sunsets all year round. This busy vacation rental has everything you need and more. Turnkey furnished with Hawaiiana touches throughout. This unit is walking distance to Honl's beach, restaurants, shops, & Kailua pier.

Features that boast immediate attention:

- Corner unit with an incredible expansive ocean and famous Kona sunset views
- Whale watching during the winter season from the lanai
- Completely renovated, move-in ready condition
- Turnkey furnished with Hawaiiana decor
- Short Term Vacation Rental (STVR) with rental history. STVR # 19-353529
- Dog-Friendly complex 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.

Last Agent to Sell the Property

Jenni Lee

KW Big Island Brokerage Phone: 8084303022 License #RS-69239 Listed on: 04/10/2020

Last Buyer's Agent

Janean Buckley

HomeSmart Island Homes License #RS-56054

HomeSmart Island Homes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,441

Year Built

  • Built in 1972

Lot Details

  • 2.28

HOA Fees

  • $518 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

  • 571 Sq Ft Home
  • Vinyl Flooring
  • Stacked Washer and Dryer

Kitchen

  • Range<<rangeHoodToken>>
  • <<builtInMicrowave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Underground Utilities

Community Details

  • Kona Mansions V Community

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 3750180120033

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,441

Year Built

Built in 1972

Lot Details

0

HOA Fees

$518 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Attribution Contact: 8084303022
  • Co List Office Phone: 8085892040
  • Ownership: CPR
  • MLS Status: S
  • Living Area: 571.0
  • Property Attached Yn: Yes
  • Year Built: 1972
  • Tax Year: 2019
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, HIS Microwave Hood, Microwave, Range, Refrigerator, Washer/Dryer Stacked
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Flooring: Vinyl
  • Total Bathrooms: 1

Exterior Features

  • Waterfront: No
  • Roads: Paved

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Utilities: Electricity Available, Other, Sewer Connected, Underground Utilities
  • Water Source: Other

Condo/Co-op/Association

  • Association Fee: 517.57
  • Association Fee Frequency: Monthly
  • Project: Kona Mansions V

Lot Info

  • Zoning: RM-1
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3750180120033
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2441.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2020
Closed on
May 14, 2020
Sold by
Sawyer Brian Sanford and Collins Arlene Dawn
Bought by
Matzen Laura Lee
Seller's Agent
Jenni Lee
KW Big Island
Buyer's Agent
Janean Buckley
HomeSmart Island Homes
List Price
$257,000
Sold Price
$240,000
Premium/Discount to List
-$17,000
-6.61%
Current Estimated Value
$442,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,811
Avg. Annual Appreciation
12.60%
Original Mortgage
$140,000
Outstanding Balance
$125,140
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$317,671

Purchase Details

Listed on
May 21, 2015
Closed on
Jun 25, 2015
Sold by
Larson Lynn Roberta
Bought by
Sawyer Brian Sanford and Collins Arlene Dawn
Seller's Agent
Derinda Thatcher
Coldwell Banker Island Properties - Kona
Buyer's Agent
Heidi White
Pacific Image Properties
List Price
$175,000
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.67%

Purchase Details

Listed on
Jan 14, 2014
Closed on
Jan 29, 2014
Sold by
Sparthan Bernt Ronald Charles and Sparthan Inger Marianne
Bought by
Larson Lynn Roberta
List Price
$110,000
Sold Price
$115,000
Premium/Discount to List
$5,000
4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.97%

Purchase Details

Closed on
Oct 8, 2002
Sold by
Association Of Apartment Owners Of Kona
Bought by
Sparthan Bernt Ronald Charles and Sparthan Inger Marianne
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
Matzen Laura Lee $240,000 Fam
Sawyer Brian Sanford -- Fam
Larson Lynn Roberta $115,000 None Available
Sparthan Bernt Ronald Charles $14,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matzen Laura Lee $140,000
Previous Owner Larson Lynn Roberta $130,000
Previous Owner Sparthan Bernt Ronald Charles $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2020 05/20/20 Sold $240,000 -6.6% $420 / Sq Ft
04/24/2020 04/24/20 Pending -- -- --
04/10/2020 04/10/20 For Sale $257,000 +46.9% $450 / Sq Ft
06/30/2015 06/30/15 Sold $175,000 0.0% $306 / Sq Ft
05/29/2015 05/29/15 Pending -- -- --
05/21/2015 05/21/15 For Sale $175,000 +52.2% $306 / Sq Ft
02/05/2014 02/05/14 Sold $115,000 +4.5% $201 / Sq Ft
01/15/2014 01/15/14 Pending -- -- --
01/14/2014 01/14/14 For Sale $110,000 -- $193 / 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 $679 $262,900 $21,500 $241,400
2024 $679 $255,200 $21,500 $233,700
2023 $665 $247,800 $21,500 $226,300
2022 $692 $240,600 $21,500 $219,100
2021 $657 $233,600 $21,500 $212,100
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 -- $111,000 $21,500 $89,500
2014 -- $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: 638293

Hawaii Information Service (MLS Hawaii)

APN: 3-7-5-018-012-0033