NOT LISTED FOR SALE

75-6026 Alii Dr Unit 5201 Kailua Kona, HI 96740

Estimated Value: $391,000 - $474,000

2 Beds
2 Baths
1,041 Sq Ft
$1,100/mo HOA Fee

Last Sold July 26, 2021

Last sale price $362,000 $348 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,787/month

45 Days on Market

Highlights

  • Ocean View
  • Waterfront
  • Ceramic Tile Flooring

About This Home

As of July 2021

Oceanfront Leasehold Complex. Looking for a very Successful Vacation Rental with an STVR permit, look no further. This is an ideal investment property with an impressive ROI.
Kona Makai Unit #5-201 is conveniently located on the second floor. This recently renovated 2 bedroom 2 bath fully furnished condo has the most impressive ocean views. Relax and enjoy your Hawaiian MaiTai watching the gorgeous sunset or enjoy your morning Kona Coffee watching the brilliant blue ocean.

Features that boast immediate attention:
- 5 STAR REVIEWS
- Tasteful turnkey decor
- Open Floor plan with lots of windows for easy airflow
- Tile flooring throughout
- Updated backsplash in Kitchen
- Modern light fixtures
- Recently painted throughout
- Full-size front load washer and dryer
- Park right near your unit
- Steps away from all the amenities of Kona Makai

Amenities at Kona Makai include an ocean-side saltwater pool, hot tub, BBQ area, recreation pavilion, cabana, elevated tennis courts, and a fitness facility. Owners will also benefit from a newly installed photovoltaic solar system which helps reduce the unit electric bill and common area monthly maintenance fees.

Last Agent to Sell the Property

Jenni Lee

KW Big Island Brokerage Phone: 8084303022 License #RS-69239 Listed on: 05/03/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,011

Year Built

  • Built in 1979

Lot Details

  • Waterfront
  • Property fronts a private road
  • Property fronts a county road

HOA Fees

  • $1,100 Monthly HOA Fees

Parking

  • Unassigned Parking

Interior Spaces

  • 1,041 Sq Ft Home
  • Drapes & Rods
  • Blinds
  • Ceramic Tile Flooring
  • Ocean Views

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Underground Utilities

Community Details

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

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 3750210040088

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,011

Year Built

Built in 1979

Lot Details

0

HOA Fees

$1,100 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Attribution Contact: 8084303022
  • Co List Office Phone: 8085892040
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: KAHULUI 1ST & 2ND
  • Living Area: 1041.0
  • Property Attached Yn: Yes
  • Reso Window Features: Blinds, Drapes
  • Year Built: 1979
  • Tax Year: 2020
  • 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, Disposal, Dryer, HIS Microwave Hood, Range, Refrigerator, Washer
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Flooring: Ceramic Tile
  • Total Bathrooms: 2

Exterior Features

  • View: HIS Sunset, Ocean
  • Waterfront: Yes
  • Roads: County, Private

Garage/Parking

  • Parking Features: Unassigned

Utilities

  • Cooling: Cash
  • Utilities: Electricity Available, Sewer Connected, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1100.08
  • Association Fee Frequency: Monthly
  • Project: Kona Makai

Lot Info

  • Zoning: V-1.25
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3750210040088
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3011.0

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

Mortgage History

Date Status Borrower Loan Amount
Closed Steers Gene W $300,000
Closed Puig Devall Michael E $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2021 07/26/21 Sold $362,000 -3.2% $348 / Sq Ft
06/17/2021 06/17/21 Pending -- -- --
05/03/2021 05/03/21 For Sale $374,000 +24.7% $359 / Sq Ft
03/23/2017 03/23/17 Sold $300,000 -10.4% $288 / Sq Ft
03/02/2017 03/02/17 Pending -- -- --
11/12/2016 11/12/16 For Sale $335,000 -- $322 / 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 $4,055 $360,100 $74,400 $285,700
2024 $4,055 $346,600 $74,400 $272,200
2023 $3,298 $281,900 $74,400 $207,500
2022 $3,182 $272,000 $74,400 $197,600
2021 $3,229 $276,000 $74,400 $201,600
2020 $3,012 $257,400 $74,400 $183,000
2019 $3,012 $257,400 $74,400 $183,000
2018 $2,574 $220,000 $74,400 $145,600
2017 $3,667 $313,400 $74,400 $239,000
2016 $2,839 $261,700 $74,400 $187,300
2015 $2,368 $240,400 $74,400 $166,000
2014 $2,368 $240,400 $74,400 $166,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 649786

Hawaii Information Service (MLS Hawaii)

APN: 3-7-5-021-004-0088