$724,000
SOLD OCT 8, 2024
1 Bed
1 Bath
651 Sq Ft
$989/mo HOA Fee

Recently Sold

$1,112 Per Sq Ft

3% Below List Price

155 Days on Market

Highlights

  • Waterfront
  • Ceramic Tile Flooring
  • Stacked Washer and Dryer

About This Home

As of October 2024

Escape to the serene ocean front views of Kona Bali Kai in this well appointed Short Term Vacation Rental eligible condo in beautiful Kailua-Kona, Hawaii!

This beautiful one-bedroom oceanfront condo offers a luxurious retreat amidst the breathtaking beauty of the Big Island. With its prime location and exquisite furnishings, this condo epitomizes island living at its finest.

Oceanfront one bedroom condos in Kona Bali Kai are rarely offered for sale and this condo has been well cared for by the current owners since 1998. Kona Bali Kai 324 is located on the more desirable North side of the complex, offering greater privacy and serenity.

With V-1.25 Zoning, this condo may be used by future owners as a short term vacation rental.

Key Features:
Spectacular Oceanfront Views: Wake up to the soothing sounds of waves crashing against the shore and enjoy panoramic views of the Pacific Ocean from your own private lanai.

Sunset Paradise: Experience unforgettable sunsets every evening from the comfort of your own home.

Stylish Furnishings: This turnkey furnished condo boasts contemporary decor providing both comfort and elegance throughout.

Amenities: Indulge in a sparkling pool, hot tub, BBQ area, creating an idyllic setting for relaxation and recreation.

Convenient Location: Conveniently located between Kona Town and Keauhou, this condo offers owners and visitors access to all shops, restaurants, and attractions offered in Kona. The famous Poke Shack is just downstairs, and a Farmer's Market commonly takes place just steps to the North. With a new coffee shop coming soon near the Poke Shack, you and your guests won't have to venture far for a morning treat!

Covered Parking: A rarity in Kona, Kona Bali Kai offers residents the benefit and protection of covered parking on the ground level.

Last Agent to Sell the Property

Mike Drutar

NextHome Paradise Realty Brokerage Phone: 8088953067 License #RB-22119 Listed on: 03/26/2024

NextHome Paradise Realty

Last Buyer's Agent

Gabe Winkler

COMPASS License #RS-75704

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,874

Year Built

  • Built in 1976

Lot Details

  • Waterfront
  • Property fronts a county road

HOA Fees

  • $989 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

  • 651 Sq Ft Home
  • Ceramic Tile Flooring
  • Stacked Washer and Dryer

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Underground Utilities

Community Details

  • Kona Bali Kai Community
  • Holualoa 1 & 2 Partition Lots Beach Section Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3760150230060

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,874

Year Built

Built in 1976

Lot Details

0

HOA Fees

$989 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Attribution Contact: 8088953067
  • Co List Office Phone: 8087315242
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: HOLUALOA 1 & 2 PARTITION LOTS - BEACH SECTION
  • Living Area: 651.0
  • Property Attached Yn: Yes
  • Year Built: 1976
  • Tax Year: 2023
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

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

Exterior Features

  • Waterfront: Yes
  • Roads: County

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Utilities: Electricity Available, Sewer Connected, Underground Utilities

Condo/Co-op/Association

  • Association Fee: 989.05
  • Association Fee Frequency: Monthly
  • Project: Kona Bali Kai

Lot Info

  • Zoning: V-1.25
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3760150230060
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6874.35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2024
Closed on
Sep 23, 2024
Sold by
Marcellus Gregory Scott and Marcellus Kimberly Diane
Bought by
Saxena Family Revocable Trust and Saxena
Seller's Agent
Mike Drutar
NextHome Paradise Realty
Buyer's Agent
Gabe Winkler
COMPASS
List Price
$750,000
Sold Price
$724,000
Premium/Discount to List
-$26,000
-3.47%
Views
175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.84%
Original Mortgage
$365,000
Outstanding Balance
$362,869
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$382,439

Purchase Details

Closed on
Mar 14, 2001
Sold by
The Association Of Apartment Owners Of K
Bought by
Marcellus Gregory Scott and Marcellus Kimberly Diane
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Exchange Deed -- Fntic
Warranty Deed $57,600 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $365,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2025 07/02/25 For Sale $760,000 +5.0% $1,167 / Sq Ft
10/08/2024 10/08/24 Sold $724,000 -3.5% $1,112 / Sq Ft
09/03/2024 09/03/24 Off Market $750,000 -- --
08/31/2024 08/31/24 Off Market $750,000 -- --
08/29/2024 08/29/24 For Sale $750,000 0.0% $1,152 / Sq Ft
06/25/2024 06/25/24 For Sale $750,000 0.0% $1,152 / Sq Ft
05/16/2024 05/16/24 Off Market $750,000 -- --
04/26/2024 04/26/24 Off Market $750,000 -- --
04/26/2024 04/26/24 For Sale $750,000 0.0% $1,152 / Sq Ft
04/25/2024 04/25/24 Off Market $750,000 -- --
04/24/2024 04/24/24 For Sale $750,000 0.0% $1,152 / Sq Ft
04/23/2024 04/23/24 Off Market $750,000 -- --
04/22/2024 04/22/24 Price Changed $750,000 -3.2% $1,152 / Sq Ft
04/04/2024 04/04/24 Off Market $775,000 -- --
03/28/2024 03/28/24 For Sale $775,000 0.0% $1,190 / Sq Ft
03/26/2024 03/26/24 For Sale $775,000 -- $1,190 / 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 $2,674 $634,400 $29,400 $605,000
2024 $2,674 $634,400 $29,400 $605,000
2023 $6,877 $587,800 $29,400 $558,400
2022 $5,256 $449,200 $29,400 $419,800
2021 $4,228 $361,400 $29,400 $332,000
2020 $4,152 $354,900 $29,400 $325,500
2019 $3,971 $339,400 $29,400 $310,000
2018 $3,784 $323,400 $29,400 $294,000
2017 $3,784 $323,400 $29,400 $294,000
2016 $3,194 $294,400 $29,400 $265,000
2015 -- $257,400 $29,400 $228,000
2014 -- $215,800 $29,400 $186,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 708817

Hawaii Information Service (MLS Hawaii)

APN: 3-7-6-015-023-0060