NOT LISTED FOR SALE

78-261 Manukai St Unit 1206 Kailua Kona, HI 96740

Estimated Value: $817,580 - $876,000

2 Beds
2 Baths
1,500 Sq Ft
$1,792/mo HOA Fee

Last Sold June 26, 2024

Last sale price $820,000 $547 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,870/month

70 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • Air Conditioning
  • On Golf Course
  • Gated Community
  • Security Guard

About This Home

As of June 2024

Luxury Living at Kanaloa at Kona. An Oceanfront Resort on the Kona Country Club Ocean Course. Busy vacation rental with transferable STVR permit has 3 separate lanais boasting ocean, golf course and Hualalai Views. Spacious floorplan with the Primary bedroom on the main floor and a guest bedroom, bath and lanai upstairs that provides privacy for family and friends.

• Granite kitchen with marble tile backsplash
• Luxury vinyl plank flooring
• Painted throughout 2023
• New Lanai bar 2023
• Plumbed lanai for stackable W/D
• Over 80% rented 2023 - over 90% 2024
• Unit has four locked owners closets
• Central AC
• Cool breezes
• Peaceful and Quiet
• Sound of Ocean Waves
• New fridge 2022
• Other appliances new 2019
• Cast iron plumbing fixtures
• New ceiling fan and living room lighting 2023
• Top Floor bonus bedroom open floor plan with no one above
• Gated community with 24 security

Kanaloa is a gated community with 3 pools and spas, multiple BBQ areas, 2 lighted tennis courts/pickleball courts, club house, year round sunsets, adjacent to Keauhou Bay and Kona Country Club. HOA and Maintenance fees include: All common area landscaping and amenities, basic cable TV and internet, Hazard, flood and hurricane insurance, exterior maintenance, water, sewer, pest control service, trash, covered parking and storage space, Sold Furnished Turnkey!!! Huge Price Adjustment On March 28, 2024

Last Agent to Sell the Property

John Miller

Berkshire Hathaway HomeServices Hawaii Island Properties Brokerage Phone: 8083155501 License #RS-70700 Listed on: 03/08/2024

Berkshire Hathaway HomeServices Hawaii Island Properties

Last Buyer's Agent

Beth Thoma Robinson R(B) BIC

Hawaii Life License #RB-20544

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,185

Year Built

  • Built in 1980

Lot Details

  • Ocean Front
  • Property fronts a private road
  • Property fronts a county road
  • On Golf Course

HOA Fees

  • $1,792 Monthly HOA Fees

Parking

  • Assigned Parking

Property Views

  • Ocean
  • Golf Course

Home Design

  • 1,500 Sq Ft Home

Kitchen

  • Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Air Conditioning
  • Underground Utilities
  • Phone Available
  • Cable TV Available

Additional Features

  • Stacked Washer and Dryer
  • In Ground Pool

Listing and Financial Details

  • Property is used as a vacation rental
  • Assessor Parcel Number 3780200280054

Community Details

Overview

  • Kanaloa At Kona Community
  • Keauhou Subdivision

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,185

Year Built

Built in 1980

Lot Details

0

HOA Fees

$1,792 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Reso Fencing: Other
  • Road Frontage Type: Golf Course, HIS Almost Oceanfront
  • ResoSecurityFeatures: Gated Community, Security Guard
  • Attribution Contact: 8083155501
  • Co List Office Phone: 8087963150
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: KEAUHOU SUBDIVISION
  • Living Area: 1500.0
  • Property Attached Yn: Yes
  • Year Built: 1980
  • Tax Year: 2023
  • HIS_PoolYN: Yes
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Microwave, Oven, Refrigerator, Washer, Washer/Dryer Stacked
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Flooring: Other
  • Total Bathrooms: 2

Exterior Features

  • View: Golf Course, HIS Sunrise, HIS Sunset, Ocean
  • Pool Features: HIS Plaster, In Ground
  • Waterfront: No
  • Roads: County, Curbs/Gutters, Paved, Private

Garage/Parking

  • Parking Features: Assigned

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1791.73
  • Association Fee Frequency: Monthly
  • Project: KANALOA AT KONA

Lot Info

  • Zoning: RM-.75
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3780200280054
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 7184.97

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
Jun 19, 2024
Sold by
Hland Enterprises Llc
Bought by
Presley Kurt Landon and Presley Shanda Leigh
Seller's Agent
John Miller
Berkshire Hathaway HomeServices Hawaii Island Properties
Buyer's Agent
Beth Thoma Robinson R(B) BIC
Hawaii Life
List Price
$865,000
Sold Price
$820,000
Premium/Discount to List
-$45,000
-5.2%
Views
48
Current Estimated Value
$854,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,145
Avg. Annual Appreciation
3.09%
Original Mortgage
$656,000
Outstanding Balance
$648,560
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$205,585

Purchase Details

Listed on
May 17, 2018
Closed on
Dec 6, 2018
Sold by
Kali Kona Real Estate Investments Llc
Bought by
Hland Enterprises Llc
Seller's Agent
Saul Brecher
COMPASS
Buyer's Agent
Lisa Folden
Knutson & Associates
List Price
$359,000
Sold Price
$359,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.05%

Purchase Details

Closed on
Sep 5, 2008
Sold by
Hinton Raymond G and Hinton Florence E
Bought by
Kali Kona Real Estate Investments Llc

Purchase Details

Closed on
Jan 19, 2000
Sold by
Otvos John W and Otvos Marguerite C
Bought by
Hinton Raymond G and Hinton Florence E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
7%
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
Presley Kurt Landon -- First American Title
Hland Enterprises Llc $359,000 Old Republic Title & Escrow
Kali Kona Real Estate Investments Llc $570,000 None Available
Hinton Raymond G $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Presley Kurt Landon $656,000
Previous Owner Hinton Raymond G $111,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2024 06/26/24 Sold $820,000 -5.2% $547 / Sq Ft
04/25/2024 04/25/24 Off Market $865,000 -- --
04/25/2024 04/25/24 For Sale $865,000 0.0% $577 / Sq Ft
04/08/2024 04/08/24 Off Market $865,000 -- --
04/08/2024 04/08/24 For Sale $865,000 -5.5% $577 / Sq Ft
03/08/2024 03/08/24 For Sale $915,000 +154.9% $610 / Sq Ft
03/11/2019 03/11/19 Off Market $359,000 -- --
12/11/2018 12/11/18 Sold $359,000 0.0% $239 / Sq Ft View Prior Sale
11/10/2018 11/10/18 Pending -- -- --
05/17/2018 05/17/18 For Sale $359,000 -- $239 / 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 $7,181 $613,800 $98,700 $515,100
2024 $7,181 $613,800 $98,700 $515,100
2023 $7,185 $614,100 $98,700 $515,400
2022 $6,180 $528,200 $98,700 $429,500
2021 $5,009 $428,100 $98,700 $329,400
2020 $5,091 $435,100 $98,700 $336,400
2019 $6,626 $566,300 $98,700 $467,600
2018 $5,916 $505,600 $98,700 $406,900
2017 $4,550 $388,900 $98,700 $290,200
2016 $4,220 $388,900 $98,700 $290,200
2015 $4,229 $328,800 $98,700 $230,100
2014 $4,229 $309,800 $98,700 $211,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 708611

Hawaii Information Service (MLS Hawaii)

APN: 3-7-8-020-028-0054