NOT LISTED FOR SALE

78-7054 Kamehameha III Rd Unit 504 Kailua Kona, HI 96740

Estimated Value: $482,879 - $514,000

1 Bed
2 Baths
878 Sq Ft
$670/mo HOA Fee

Last Sold September 22, 2020

Last sale price $285,000 $325 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $3,541/month

64 Days on Market

About This Home

As of September 2020

Keauhou Palena #504 is a desirable & efficient condo for your personal enjoyment or for vacation rental income! In this popular, low-density & serene community along the golf fairway, experience beautifully maintained tropical gardens, poolside fun, sunset skies, maybe a cool beverage, and even views of the ocean from your spacious lanai. Converted from a 2 bedroom condo into a more modern & efficient floor plan, #504 consists of a spacious living/great room, kitchen with pantry & ample cabinetry, 1 bedroom, 2 full baths, “bar-theme” peninsula + wine cooler, interior laundry & lots of storage, (+++ closets, outdoor storage & even BONUS attic storage!). Move right in... because acceptable offers include the main furnishings & newer sectional, (art & staging items excluded).

Just steps away are the popular, historic & calm waters of Keauhou Bay & He’eia Bay; great for fishing, boating & water sports! Walk or drive to shopping, dining, movies, beach parks, hotel amenities, community & essential services, farmers markets, golf & more in 5 minutes or less! Nearby are modern conveniences of Kona & captivating adventures in all directions!

BUY SMART!
~Own VS rent
~Potential income, (Vacation Rental OK w/ proper registration, licensing, etc)
~Affordable, low-hassle way to enjoy your very own Hawaii crash pad & add your own special touches!
BUY 504!
~Outdoor Living! Expansive sliding doors lead to the spacious lanai
~Knoll top location is ideal for flowing, cool trade breezes
~2nd floor is private with its very own stairwell & landings
~Popcorn ceiling removed, ceiling fans, recessed lighting, window treatments & sun-shades
~Newer refrigerator, stacking W/D, newer water heater
~Easy in-out w/ one assigned parking stall adjacent to Bldg 5
WHY KEAUHOU PALENA?
~Pool, outdoor shower, fitness room, community bathroom
~Well maintained w/ FT manager & reasonable dues
~Sorry-no pets
COME VISIT TODAY!

Last Agent to Sell the Property

Annie Mendoza

Corcoran Pacific Properties Brokerage Phone: 8085575831 License #RS-71220 Listed on: 05/22/2020

Corcoran Pacific Properties

Last Buyer's Agent

Jennifer Rice

KW Big Island License #RS-72112

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,305

Year Built

  • Built in 1977

Lot Details

  • 4

HOA Fees

  • $670 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

  • 878 Sq Ft Home
  • Carpet

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Additional Features

  • Property fronts a county road
  • Underground Utilities

Community Details

  • Keauhou Palena Community

Listing and Financial Details

  • Assessor Parcel Number 3780100320020

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,305

Year Built

Built in 1977

Lot Details

0

HOA Fees

$670 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Attribution Contact: 8085575831
  • Co List Office Phone: 8085892040
  • Ownership: CPR
  • MLS Status: S
  • Living Area: 878.0
  • Property Attached Yn: Yes
  • Year Built: 1977
  • Tax Year: 2019
  • 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, Microwave, Range, Range Hood, Refrigerator, Wine Cooler
  • Total Bedrooms: 1
  • Full Bathrooms: 2
  • Flooring: Carpet
  • Total Bathrooms: 2

Exterior Features

  • Waterfront: No
  • Roads: County

Garage/Parking

  • Parking Features: Assigned

Utilities

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

Condo/Co-op/Association

  • Association Fee: 670.0
  • Association Fee Frequency: Monthly
  • Project: Keauhou Palena

Lot Info

  • Zoning: RM-2
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3780100320020
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3305.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2020
Closed on
Sep 1, 2020
Sold by
Blackwood Steven L
Bought by
Shriver Sandra K
Seller's Agent
Annie Mendoza
Corcoran Pacific Properties
Buyer's Agent
Jennifer Rice
KW Big Island
List Price
$292,000
Sold Price
$285,000
Premium/Discount to List
-$7,000
-2.4%
Current Estimated Value
$496,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,470
Avg. Annual Appreciation
12.15%

Purchase Details

Closed on
Nov 9, 2003
Sold by
Huff Richard J and Huff Karen T
Bought by
Blackwood Steven L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 11, 2003
Sold by
Association Of Apartment Owners Of Keauh
Bought by
Huff Richard J and Huff Karen T
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
Shriver Sandra K $285,000 Fnt
Blackwood Steven L $225,000 Fidelity Natl Title & Escrow
Huff Richard J $44,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blackwood Steven L $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2020 09/22/20 Sold $285,000 -2.4% $325 / Sq Ft
07/25/2020 07/25/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $292,000 -- $333 / 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 $1,546 $581,800 $83,500 $498,300
2024 $1,546 $387,200 $83,500 $303,700
2023 $1,542 $375,900 $83,500 $292,400
2022 $4,087 $349,300 $83,500 $265,800
2021 $3,399 $290,500 $83,500 $207,000
2020 $3,305 $282,500 $83,500 $199,000
2019 $3,305 $282,500 $83,500 $199,000
2018 $3,147 $269,000 $83,500 $185,500
2017 $2,644 $226,000 $83,500 $142,500
2016 $2,435 $224,400 $83,500 $140,900
2015 $2,072 $199,700 $83,500 $116,200
2014 $2,072 $199,700 $83,500 $116,200
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Annie Mendoza

    Corcoran Pacific Properties

    (808) 557-5831

    59 Total Sales

    Section Image

  • J

    Buyer's Agent in 2020

    Jennifer Rice

    KW Big Island

    (808) 333-6977

    42 Total Sales

    Section Image
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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 639300

Hawaii Information Service (MLS Hawaii)

APN: 3-7-8-010-032-0020

Hawaii Hawaii County Kailua Kona 96740

78-7054 Kamehameha III Rd Unit 504, Kailua Kona, HI

This home is located at 78-7054 Kamehameha III Rd Unit 504, Kailua Kona, HI 96740 since 22 May 2020 and is currently estimated at $496,470, approximately $565 per square foot. This property was built in 1977. 78-7054 Kamehameha III Rd Unit 504 is a home located in Hawaii County with nearby schools including Kahakai Elementary School, Konawaena Middle School, and Konawaena High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hawaii Information Service (MLS Hawaii) Copyright 2025 MLS Hawaii, Inc. All rights reserved.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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