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Off market
  • $124,500

    74-5618 Palani Rd APT A2, Kailua Kona, HI 96740

    2beds
    616sqft
    Condo
    Built in 1969
    -- sqft lot
    $124,500 Zestimate®
    $202/sqft
    $2,422 Estimated rent

    Home value

    $124,500

    $106,000 - $144,000

    $2,422/mo

    Zestimate® history
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    What's special

    A charming 2 bedrooms, 1 bath leasehold condo right in the heart of town in Kailua Kona. Unit is located on the second floor giving you a great ocean view from your lanai and bedroom.Living room and kitchen is fully tiled and new carpet in the first bedroom. One assigned parking stall in front of unit.Perfectly located Kona Kai is centered near all of the amenities to enjoy within walking distance...Kailua Bay Pier, KTA Grocery in Lanihau Shopping Center, Kona Coast Shopping Center, The Club Kona fitness Center and many great eating spots.In Kona Kai you can enjoy a nice swim in the newly gated pool, take a walk with your fury friend that is allowed by board approval. Coin laundry facilities available on site along with postal delivery. And it can be a used as Short term vacation rental or long term rental.Monthly Maintenance Fees of $612 include:Water, sewer, trash refuse, gas for range, on demand hot water, landscaping, building maintenance, pool, pest control, and on-site manager.This is a leasehold property. The lease expires in 2034. The lease rent will be re-negotiated in 2029. Lease rent is paid semi annually.CASH OFFERS ONLY! PROPERTY IS SOLD "AS IS"

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Cooling
    • None
    Appliances
    • Included: Refrigerator
    Features
    • Flooring: Tile
    Interior area
    • Total interior livable area: 616 sqft

    Property

    Parking
    • Parking features: Carport
    Features
    • Exterior features: Wood
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Details
    • Parcel number: 740100360002

    Construction

    Type & style
    • Home type: Condo
    Materials
    • Foundation: Wood
    • Roof: Shake / Shingle
    Condition
    • Year built: 1969

    Community & neighborhood

    Location
    • Region: Kailua Kona

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $612 monthly

    Other

    Other facts
    • Status: Active
    • Power: Overhead, Gas
    • Appliances: Refrigerator, Range/Oven, Disposal
    • Terms Acceptable: Cash
    • Roads: County
    • Water: Municipal
    • TV Availability: Cable
    • View: Coastline, Ocean, Ocean Horizon
    • Design: Wood Frame
    • Telephone Availability: Cell, Land Line
    • Floor Covering: Ceramic Tile
    • Land Tenure: Leasehold
    • Wastewater: Sewer-Connected
    • Unit Description: End Unit
    • Solid Waste Disposal (Trash): Included with Maintenance Fees
    • Vehicle Storage/Parking: Assigned
    • Features: BBQ/Cooking Pit, Community Laundry
    • Fence/Wall: Chain Link
    • Security: Video
    • Washer/Dryer: Coin
    • Window Coverings: Curtains
    • Project: Kona Kai

    Price history

    DateEventPrice
    1/27/2025Listing removed$159,000$258/sqft
    Source: Hawaii Information Service #714401 Report a problem
    12/16/2024Price change$159,000-3.6%$258/sqft
    Source: Hawaii Information Service #714401 Report a problem
    11/13/2024Listed for sale$164,900-19.2%$268/sqft
    Source: Hawaii Information Service #714401 Report a problem
    9/22/2022Listing removed$204,000$331/sqft
    Source: Hawaii Information Service #662898 Report a problem
    9/1/2022Price change$204,000-5.1%$331/sqft
    Source: Hawaii Information Service #662898 Report a problem
    6/22/2022Listed for sale$215,000+124%$349/sqft
    Source: Hawaii Information Service #662898 Report a problem
    11/15/2019Sold$96,000-12.7%$156/sqft
    Source: Hawaii Information Service #630968 Report a problem
    8/2/2019Listed for sale$110,000+144.4%$179/sqft
    Source: Clark Realty - Kona #630968 Report a problem
    9/26/2014Sold$45,000+16.9%$73/sqft
    Source: Hawaii Information Service #274994 Report a problem
    5/25/2011Sold$38,500-3.5%$63/sqft
    Source: Public Record Report a problem
    4/6/2011Price change$39,900-11.1%$65/sqft
    Source: RE/MAX BROKERS #241810 Report a problem
    3/23/2011Price change$44,900-10%$73/sqft
    Source: RE/MAX BROKERS #241810 Report a problem
    3/17/2011Price change$49,900-5%$81/sqft
    Source: RE/MAX BROKERS #241810 Report a problem
    3/4/2011Listed for sale$52,500+6.6%$85/sqft
    Source: RE/MAX BROKERS #241810 Report a problem
    1/7/2011Sold$49,230-61.8%$80/sqft
    Source: Public Record Report a problem
    5/31/2006Sold$129,000+61.3%$209/sqft
    Source: Public Record Report a problem
    11/19/2003Sold$80,000+75.8%$130/sqft
    Source: Public Record Report a problem
    3/2/1999Sold$45,500$74/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $147,300 +5%
    2024$1,723 +10%$140,300 +10%
    2023$1,566 +16.1%$127,500 +16.1%
    2022$1,349 +26.1%$109,800 +26.1%
    2021$1,070 +2.4%$87,100 -2.5%
    2020$1,045 +27.9%$89,300 +34.3%
    2019$817 +47.4%$66,500 +33.3%
    2018$554 +7.4%$49,900 +10.6%
    2017$516 +9.6%$45,100
    2016$470 $45,100
    2015$470 $45,100
    2014$470 $45,100

    Find assessor info on the county website

    Neighborhood: 96740

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: North Kona

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $126,990