NOT LISTED FOR SALE

75-6008 Alii Dr Unit 221 Kailua Kona, HI 96740

Estimated Value: $386,049 - $426,000

1 Bed
1 Bath
483 Sq Ft
$404/mo HOA Fee

Last Sold January 14, 2020

Last sale price $225,000 $466 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,812/month

189 Days on Market

Highlights

  • Ocean View
  • Lanai
  • Ceramic Tile Flooring
  • Waterfront
  • End Unit
  • Laundry Facilities

About This Home

As of January 2020

Remodeled 1 bedroom ocean view condo, within walking distance to restaurants, shopping and ocean activities in historic Kailua Village. Kona Shores has an amazing oceanfront pool and grassy common area. This ocean front complex is very popular with vacation renters, with many coming back every year. You can't beat this condo as a vacation rental investment, with the lowest maintenance fees of any oceanfront property on Alii Drive. Plus, there are photovoltaic panels to keep electric bills low and the hot water gas and cable are included. (New owner to register as STVR).

Features Include:
- Nearly new A/C.
- Nearly new refrigerator.
- Ocean front complex.
- Photovoltaic panels that reduce electric bills.
- Well maintained complex with affordable maintenance fees.
- Ocean and Hualalai Mountain views from the unit.
- Walk to restaurants and shopping.
- Maintenance fees are $403.87 and cover water, common area maintenance, sewer, basic cable, trash, propane and hot water.
- 2nd floor end unit with extra ocean view window.
- Sold turnkey furnished.
- Remodeled unit.
- 1 assigned parking space.

Last Agent to Sell the Property

Rich Bosselmann

Koa Realty, Inc. Brokerage Phone: 8087854664 License #RS-59254 Listed on: 06/04/2019

Last Buyer's Agent

Rich Bosselmann

Koa Realty, Inc. Brokerage Phone: 8087854664 License #RS-59254 Listed on: 06/04/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,854

Year Built

  • Built in 1971

Lot Details

  • Waterfront
  • Property fronts a private road
  • End Unit
  • Stone Wall
  • Gentle Sloping Lot

HOA Fees

  • $404 Monthly HOA Fees

Parking

  • Assigned Parking

Property Views

  • Ocean
  • Mountain

Interior Spaces

  • 483 Sq Ft Home
  • 2-Story Property
  • Blinds

Kitchen

  • Range
  • Microwave

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Gunite Pool
  • Lanai

Utilities

  • Cooling System Mounted To A Wall/Window
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 3750210390058

Community Details

Overview

  • Kona Shores Community
  • Kahului 1St & 2Nd Subdivision

Additional Features

  • Laundry Facilities
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,854

Year Built

Built in 1971

Lot Details

0

HOA Fees

$404 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Reso Fencing: Stone
  • ResoLaundryFeatures: Common Area
  • ResoSecurityFeatures: Smoke Detector(s)
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: KAHULUI 1ST & 2ND
  • Reso Interior Features: Enclosed Lanai
  • Unit Levels: Two
  • Living Area: 483.0
  • Property Attached Yn: Yes
  • Reso Window Features: Blinds
  • Year Built: 1971
  • Tax Year: 2018
  • HIS_PoolYN: Yes
  • Unit Description: End Unit, Even Number Unit
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

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

Exterior Features

  • Topography: Gentle Slope
  • View: Mountain(s), Ocean
  • Pool Features: Gunite
  • Waterfront: Yes
  • Exterior Features: Lightning
  • Roads: Private

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Cooling: Cash, Wall/Window Unit(s)
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 403.87
  • Association Fee Frequency: Monthly
  • Project: Kona Shores

Lot Info

  • Zoning: V-1.25
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3750210390058
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1854.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2019
Closed on
Jan 7, 2020
Sold by
Reese Wayne C and Wayne C Reese Trust
Bought by
Yuskis Michael John
Seller's Agent
Rich Bosselmann
Koa Realty, Inc.
Buyer's Agent
Rich Bosselmann
Koa Realty, Inc.
List Price
$232,000
Sold Price
$225,000
Premium/Discount to List
-$7,000
-3.02%
Current Estimated Value
$401,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,262
Avg. Annual Appreciation
10.51%

Purchase Details

Listed on
Nov 8, 2017
Closed on
Nov 30, 2017
Sold by
Reese Wayne C and Starr Marianne M
Bought by
Reese Wayne C and The Wayne C Reese Trsut
Seller's Agent
Kit Carver
Kona Pacific Realty
Buyer's Agent
Rich Bosselmann
Koa Realty, Inc.
List Price
$192,000
Sold Price
$192,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.81%

Purchase Details

Closed on
Feb 8, 2010
Sold by
Gallegly Oscar A and Gallegly Patricia K
Bought by
Gallegly Oscar Allen and Gallegly Patricia Karen

Purchase Details

Closed on
May 6, 2009
Sold by
Starkey Stewart Russell
Bought by
Gallegly Oscar A and Gallegly Patricia K

Purchase Details

Closed on
May 30, 2006
Sold by
Starkey Stewart Russell
Bought by
Hasselmann Andre and Hasselmann Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.56%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 15, 2003
Sold by
Williams Linda M
Bought by
Starkey Stewart Russell

Purchase Details

Closed on
Jul 9, 2002
Sold by
Gregg Frederick W and Williams Linda M
Bought by
Williams Linda M
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
Yuskis Michael John $225,000 Fidelity National Title & Es
Reese Wayne C -- Fam
Reese Wayne C -- Fam
Gallegly Oscar Allen -- None Available
Gallegly Oscar A $75,000 First Hawaii Title Corporati
Hasselmann Andre $230,000 Fntic
Starkey Stewart Russell $88,800 Fidelity Natl Title & Escrow
Williams Linda M $1,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hasselmann Andre $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/13/2020 04/13/20 Off Market $225,000 -- --
01/14/2020 01/14/20 Sold $225,000 -3.0% $466 / Sq Ft
12/10/2019 12/10/19 Pending -- -- --
06/04/2019 06/04/19 For Sale $232,000 +20.8% $480 / Sq Ft
12/04/2017 12/04/17 Sold $192,000 0.0% $398 / Sq Ft View Prior Sale
11/09/2017 11/09/17 Pending -- -- --
11/08/2017 11/08/17 For Sale $192,000 -- $398 / 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 $3,693 $357,600 $34,200 $323,400
2024 $3,693 $315,600 $34,200 $281,400
2023 $3,283 $280,600 $34,200 $246,400
2022 $3,095 $264,500 $34,200 $230,300
2021 $2,810 $240,200 $34,200 $206,000
2020 $2,286 $195,400 $34,200 $161,200
2019 $2,162 $184,800 $34,200 $150,600
2018 $1,854 $158,500 $34,200 $124,300
2017 $1,337 $114,300 $34,200 $80,100
2016 $1,087 $100,200 $34,200 $66,000
2015 $764 $90,800 $34,200 $56,600
2014 $764 $81,400 $34,200 $47,200
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Rich Bosselmann

    Koa Realty, Inc.

    (808) 785-4664

    16 in this area

    25 Total Sales

    Rich Bosselmann
    Section Image

  • K

    Seller's Agent in 2017

    Kit Carver

    Kona Pacific Realty

    (808) 895-0757

    14 in this area

    53 Total Sales

    Kit Carver
    Section Image
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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 629177

Hawaii Information Service (MLS Hawaii)

APN: 3-7-5-021-039-0058

Hawaii Hawaii County Kailua Kona 96740

75-6008 Alii Dr Unit 221, Kailua Kona, HI

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