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Sold for $875,000
  • $875,000

    74-5096 Kumakani St, Kailua Kona, HI 96740

    4beds
    1,704sqft
    Single Family Residence
    Built in 1978
    7,811 Square Feet Lot
    $880,200 Zestimate®
    $513/sqft
    $4,274 Estimated rent

    Home value

    $880,200

    $827,000 - $942,000

    $4,274/mo

    Zestimate® history
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    $3,903/mo

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    What's special

    Welcome to this charming & profitable 4 Bedroom, 3 Bathroom home that doubles as a versatile 3-Unit property...offering both functionality and potential for investment. Situated on a spacious 7811 sq. ft lot, you'll find a large leveled side yard which flows into a slightly sloped backyard. Share in the bounties of nature and find space to start your own garden alongside mature fruit trees including: Kahaluu Avocado, Lychee (currently in bloom) as well as Mango, a variety of Citrus, fruit trees, creating a tranquil oasis for residents and guest alike. Ample storage in the carport closet as well as under the house which could serve as a space to convert into a potential 4th rental unit in the future, adding equitable value and addition cash flow. Laundry facilities including washer and dryer are included, and are accessible to all tenants on a pre-determined wash schedule for each unit. UNIT A features 2 Bedrooms and 1 Bathroom, providing ample space for comfortable living. UNITS B & C are cozy Studios with 1 Bathroom each, providing ideal accommodations for individuals or couples. The recent addition of a new deck fronting Unit C adds to the property's appeal. Parking is made easy with 5 off-street parking stalls available for tenants to share, along with 2 additional on-street stalls conveniently located in front of the property. With existing leases in place held by stellar tenants, walk into a stable and immediate income stream already done for you. Leases are currently set to expire as follows: Unit A (March 2025) Unit B (August 2024) Unit C (May 2024) The desirable neighborhood of Kealakehe enjoy's the convenience of nearby amenities, including schools, shopping centers, restaurants, and parks...all 5 minutes away or less. Enjoy the cool elevation, amazing Kona Sunsets, ocean views and quiet locale. Don't miss out on owning a versatile property with live-in potential while still providing a solid income.

    Zillow last checked:

    Listing updated:

    Listed by:

    Shantell Otare 8089361162,

    eXp Realty

    Bought with:

    Jonathan L McCumsey, RB-21680

    Corcoran Pacific Properties

    Source: Hawaii Information Service,MLS#: 710599MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Features
    • Flooring: Carpet
    • Has fireplace: No
    Interior area
    • Total structure area: 1,704
    • Total interior livable area: 1,704 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Covered
    • Carport spaces: 2
    Features
    • Levels: One
    • Fencing: Stone
    • Has view: Yes
    • View description: Coastline, Ocean
    • Has water view: Yes
    • Water view: Ocean
    Lot
    • Size: 7,811 Square Feet
    • Features: Grassy
    • Topography: Fairly Level,Gentle Slope
    Details
    • Parcel number: 3740140500000
    • Zoning: RS-7.5
    • Special conditions: Fee Simple,Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    • Attached to another structure: Yes
    Condition
    • Year built: 1978

    Utilities & green energy

    • Sewer: Cesspool
    • Utilities for property: Cable Available, Electricity Available, Phone Available

    Community & HOA

    Community
    • Subdivision: KONA MACADAMIA ACRES
    Location
    • Region: Kailua Kona

    Financial & listing details

    • Price per square foot: $513/sqft
    • Tax assessed value: $593,400
    • Annual tax amount: $6,586
    • Date on market: 5/20/2024
    • Listing terms: 1031 Exchange,Cash,Conventional,USDA Loan,VA Loan
    • Ownership: Full
    • Electric utility on property: Yes
    • Road surface type: Curbs/Gutters, Paved

    Price history

    DateEventPrice
    8/8/2024Sold$875,000-2.8%$513/sqft
    Source: Hawaii Information Service #710599 Report a problem
    5/21/2024Listed for sale$899,900+233.4%$528/sqft
    Source: Hawaii Information Service #710599 Report a problem
    12/22/2011Listing removed$269,900-1.9%$158/sqft
    Source: Vflyer Homes #246918 Report a problem
    8/30/2011Sold$275,000+111.5%$161/sqft
    Source: Public Record Report a problem
    7/22/2011Sold$130,000-51.8%$76/sqft
    Source: Public Record Report a problem
    7/13/2011Listed for sale$269,900+38.4%$158/sqft
    Source: BPG Hawaii LLC. Dba Bridge Real Estate #246918 Report a problem
    4/29/1996Sold$195,000$114/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $702,600 +7.8%
    2024$7,237 +9.9%$652,000 +9.9%
    2023$6,587 +189.2%$593,400 +21%
    2022$2,277 +4%$490,300 +3%
    2021$2,189 +4.1%$476,000 +3%
    2020$2,104 -53.2%$462,100 +14.1%
    2019$4,494 +25.9%$404,900 +24%
    2018$3,571 $326,600 +1.5%
    2017-- $321,700 +1.6%
    2016-- $316,600 +15.1%
    2015-- $275,000 +7.9%
    2014-- $254,800 +3%
    2013-- $247,400 +3%
    2012-- $240,200 -15.3%
    2010-- $283,500 -15.6%
    2009-- $335,900
    2000-- --
    1999-- $132,300
    Find assessor info on the county website

    Neighborhood: 96740

    Nearby schools

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    $880,200
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    With Zillow Showcase(estimated)
    $897,804