NOT LISTED FOR SALE

75-6026 Alii Dr Unit 5305 Kailua Kona, HI 96740

Estimated Value: $318,723 - $367,000

1 Bed
1 Bath
798 Sq Ft
$586/mo HOA Fee

Last Sold April 05, 2016

Last sale price $206,000 $258 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,537/month

127 Days on Market

Highlights

  • Ocean View
  • Waterfront
  • Stacked Washer and Dryer
  • Pool and Spa
  • Carpet

About This Home

As of April 2016

**PRICE REDUCED $10,000! SELLERS HIGHLY MOTIVATED!**
This top floor, rarely available 1 bedroom, 1 bath Kona Makai listing is the property to see! Unit 5-305 has a wonderful loft too.
FANTASTIC OCEAN VIEW being from the top floor of building 5. This property is being sold TURNKEY, furnished! Property is move in ready!

It has both front and back covered lanais with full sliding glass doors equipped with screens. AIR CONDITIONING wall units are in living room and bedroom.
There is a king sized bed in the bedroom & a queen sized bed in the loft.

Property is currently an investment property for the owners, and the rental revenue’s history supporting this property shows high promise for any investment client.

The Kona Makai is a beautiful sunny highly sought after Ocean Front Complex located on famous Alii Drive just 1.3 miles from Kailua Village. The Kona Makai features and includes lush tropical gardens, ocean front pool and spa, sunny lounge area, 2 work out rooms, eating area w/ gas BBQ’s, tennis courts, covered parking, free wireless internet, cable TV and is gated during the night for security.

The owners have truly taken such wonderful care of this beautifully appointed condo.

Improvements since their ownership are as the following:
-New Kitchen base cabinets & counter tops in 2009.
-New carpet put in 2012, and in good shape.
-New Living room blinds put in 2013
-New ceiling fans in living room, upstairs loft & lanai, high speed, in 2014
-Bathroom has been painted in 2014
-New Washer/Dryer in 2014

-Maintenance Fees cover
Basic Cable TV, Wireless internet, water, garbage & fire insurance for the building.

The information herein may contain inaccuracies and is provided without warranty or guaranty of any kind. Agents and buyers must independently verify any info they deem materi

Last Agent to Sell the Property

Blake Kessner

Knutson & Associates Brokerage Phone: 8089879295 License #RB-22317 Listed on: 09/21/2015

Last Buyer's Agent

Lisa Barry

Premier Island Properties LLC License #RB-19644

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,861

Year Built

  • Built in 1979

Lot Details

  • 4.1

HOA Fees

  • $586 Monthly HOA Fees

Interior Spaces

  • 798 Sq Ft Home
  • Carpet
  • Ocean Views
  • Stacked Washer and Dryer

Kitchen

  • Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Covered Parking
  • Unassigned Parking

Utilities

  • Underground Utilities
  • Internet Available
  • Cable TV Available

Additional Features

  • Pool and Spa
  • Waterfront

Community Details

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

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 3750210040099

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,861

Year Built

Built in 1979

Lot Details

0

HOA Fees

$586 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Attribution Contact: 8089879295
  • Co List Office Phone: 8083291010
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: KAHULUI 1ST & 2ND
  • Living Area: 798.0
  • Property Attached Yn: Yes
  • Year Built: 1979
  • Tax Year: 2015
  • HIS_PoolYN: Yes
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Wireless
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Disposal, Microwave, Range, Refrigerator, Washer/Dryer Stacked
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Flooring: Carpet
  • Total Bathrooms: 1

Exterior Features

  • View: Ocean
  • Pool Features: Outdoor Pool, Pool/Spa Combo
  • Waterfront: Yes
  • Roads: None

Garage/Parking

  • Parking Features: Covered, Unassigned

Utilities

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

Condo/Co-op/Association

  • Association Fee: 585.57
  • Association Fee Frequency: Monthly
  • Project: Kona Makai

Lot Info

  • Zoning: V-1.25
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3750210040099
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1861.0

Range of Values:

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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 Koehler Mackall Jr Parker Vincent $183,587
Closed Eldon Steven Anthony $252,000
Closed Peery Guyla K $30,000
Closed Peery Guyla Kay $170,100
Closed Quinones Frank T $127,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/04/2016 07/04/16 Off Market $206,000 -- --
04/05/2016 04/05/16 Sold $206,000 -17.3% $258 / Sq Ft
01/26/2016 01/26/16 Pending -- -- --
09/21/2015 09/21/15 For Sale $249,000 -- $312 / 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 $897 $307,100 $50,800 $256,300
2024 $897 $294,800 $50,800 $244,000
2023 $555 $219,000 $50,800 $168,200
2022 $554 $212,600 $50,800 $161,800
2021 $525 $206,600 $50,800 $155,800
2020 $495 $200,600 $50,800 $149,800
2019 $2,347 $401,200 $101,600 $299,600
2018 $1,989 $170,000 $50,800 $119,200
2017 $2,630 $224,800 $50,800 $174,000
2016 $2,030 $187,100 $50,800 $136,300
2015 $1,690 $171,600 $50,800 $120,800
2014 $1,690 $171,600 $50,800 $120,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 288299

Hawaii Information Service (MLS Hawaii)

APN: 3-7-5-021-004-0099