NOT LISTED FOR SALE

76-6268 Alii Dr Unit 301B Kailua Kona, HI 96740

Estimated Value: $810,000 - $1,017,000

2 Beds
2 Baths
1,062 Sq Ft
$980/mo HOA Fee

Last Sold April 08, 2022

Last sale price $1,058,000 $996 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $6,691/month

21 Days on Market

Highlights

  • Ocean View
  • Ceramic Tile Flooring
  • 1-Story Property
  • Waterfront
  • Zoned Heating and Cooling
  • Level Lot

About This Home

As of April 2022

Unobstructed panoramic ocean views from this absolutely stunning 2 bed, 2 bath direct oceanfront condo! So close, it feels as though you can touch the water! Watch whales, dolphins, turtles and enjoy the most spectacular sunsets.
This stunning condo is beautifully refurbished top to bottom and comes turnkey with gorgeous, high end resort-style furnishings. This spectacular unit has phenomenal rental history and reviews; and comes with a coveted vacation rental (STVR) permit to start your own adventure in Hawaii. You can begin vacation renting immediately.
Banyan Tree is a gem, located right on the ocean along the Ali'i Dr. beach corridor between Keahou and downtown Kona. It is one of the closest to the blue Pacific Ocean, directly in front of the famous Banyans surf break which provides endless surfing entertainment. The first floor covered parking garage, secure elevator, gorgeous ocean front pool, spa and BBQ area make it difficult to ever leave. Duplicating this unit, location and setting would be nearly impossible today. Having only 20 units makes this lower density boutique complex a truly special place to live or vacation. Click the "film" icon to access the virtual walk-through tour and floor plan. Come and play - rent while you're away!
To view inventory list click attachment.

Last Agent to Sell the Property

Steven Ellison

COMPASS Brokerage Phone: 8089363000 License #RB-23832 Listed on: 01/14/2022

Co-Listed By

James Lear

COMPASS Brokerage Phone: 8089363000 License #RS-81880

Last Buyer's Agent

Cindy Wild

Premier Island Properties LLC License #RB-21283

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,725

Year Built

  • Built in 1976

Lot Details

  • Waterfront
  • Property fronts a county road

HOA Fees

  • $980 Monthly HOA Fees

Interior Spaces

  • 1,062 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Ceramic Tile Flooring
  • Ocean Views
  • Stacked Washer and Dryer

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • Covered Parking
  • Assigned Parking

Pool

  • Gunite Pool

Utilities

  • Zoned Heating and Cooling
  • Underground Utilities
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 3760140140008

Community Details

Overview

  • Banyan Tree Community
  • Holualoa 1 & 2 Partition Lots Beach Section Subdivision

Recreation

  • Recreational Area

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,725

Year Built

Built in 1976

Lot Details

0

HOA Fees

$980 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Road Frontage Type: Rocky Beach, Sandy Beach
  • ResoSecurityFeatures: Keyed Elevator, Smoke Detector(s)
  • Co List Office Mls Id: 23206
  • Co List Office Phone: 8083785447
  • Attribution Contact: 8089363000
  • Co List Office Phone: 8083785447
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: HOLUALOA 1 & 2 PARTITION LOTS - BEACH SECTION
  • Reso Interior Features: Elevator
  • Living Area: 1062.0
  • Property Attached Yn: Yes
  • Reso Window Features: Blinds
  • Year Built: 1976
  • Tax Year: 2021
  • HIS_PoolYN: Yes
  • Unit Description: Single Level
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable
  • HIS_WaterHeater: Electric
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave Hood, Range, Refrigerator, Washer/Dryer Stacked
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Flooring: Ceramic Tile
  • Total Bathrooms: 2

Exterior Features

  • Topography: Fairly Level
  • View: Ocean, Ocean Horizon, Sunset
  • Pool Features: Gunite
  • Waterfront: Yes
  • Exterior Features: Recreation Area
  • Roads: County, Paved

Garage/Parking

  • Parking Features: Assigned, Covered

Utilities

  • Cooling: Air Conditioning, Zoned
  • Heating: Zoned
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities

Condo/Co-op/Association

  • Association Fee: 980.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: No
  • Project: Banyan Tree

Lot Info

  • Zoning: V-1.25
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3760140140008

Tax Info

  • Tax Annual Amount: 7725.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2022
Closed on
Apr 4, 2022
Sold by
Spinali Family Trust
Bought by
Steckman Terry Lee and Vasche Terri Lee
Seller's Agent
Steven Ellison
COMPASS
Buyer's Agent
Cindy Wild
Premier Island Properties LLC
List Price
$989,000
Sold Price
$1,058,000
Premium/Discount to List
$69,000
6.98%
Current Estimated Value
$944,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$113,453
Avg. Annual Appreciation
-3.18%
Original Mortgage
$740,600
Outstanding Balance
$692,967
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$251,580

Purchase Details

Listed on
Jun 8, 2013
Closed on
Jan 27, 2014
Sold by
Gray Richard Lowell and Richard Lowell Gray Revocable
Bought by
Spinali Family Trust
Seller's Agent
Jene' Green
Hawaii Life
Buyer's Agent
Steven Ellison
COMPASS
List Price
$549,000
Sold Price
$475,000
Premium/Discount to List
-$74,000
-13.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.31%
Original Mortgage
$380,000
Interest Rate
4.46%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 8, 2007
Sold by
Gray Richard Lowell
Bought by
Gray Richard Lowell and Richard Lowell Gray Revocable Living Tr

Purchase Details

Closed on
Aug 15, 2001
Sold by
Henkelmann Charles R and Henkelmann Joan E
Bought by
Gray Richard Lowell
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
Steckman Terry Lee $1,410,666 First American Title
Steckman Terry Lee $1,410,666 First American Title
Spinali Family Trust $475,000 Fidelity National Title & Es
Gray Richard Lowell -- None Available
Gray Richard Lowell $279,000 First Hawaii Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steckman Terry Lee $740,600
Closed Steckman Terry Lee $740,600
Previous Owner Spinali Family Trust $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/09/2024 10/09/24 Off Market $1,058,000 -- --
04/08/2022 04/08/22 Sold $1,058,000 +7.0% $996 / Sq Ft
02/04/2022 02/04/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $989,000 +108.2% $931 / Sq Ft
02/10/2014 02/10/14 Sold $475,000 -13.5% $447 / Sq Ft View Prior Sale
01/17/2014 01/17/14 Pending -- -- --
06/08/2013 06/08/13 For Sale $549,000 -- $517 / 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 $8,436 $784,700 $35,000 $749,700
2024 $8,436 $721,000 $35,000 $686,000
2023 $9,245 $790,200 $35,000 $755,200
2022 $3,454 $721,600 $35,000 $686,600
2021 $7,726 $660,300 $35,000 $625,300
2020 $7,240 $618,800 $35,000 $583,800
2019 $6,455 $551,700 $35,000 $516,700
2018 $5,612 $479,700 $35,000 $444,700
2017 $5,612 $479,700 $35,000 $444,700
2016 $5,038 $464,300 $35,000 $429,300
2015 $856 $444,200 $35,000 $409,200
2014 $856 $347,100 $35,000 $312,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 657494

Hawaii Information Service (MLS Hawaii)

APN: 3-7-6-014-014-0008