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Sold for $140,000
  • $140,000

    74-5618 Palani Rd APT I2, Kailua Kona, HI 96740

    1beds
    515sqft
    Condominium
    Built in 1969
    -- sqft lot
    $127,500 Zestimate®
    $272/sqft
    $2,193 Estimated rent

    Home value

    $127,500

    $112,000 - $144,000

    $2,193/mo

    Zestimate® history
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    $2,193/mo

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    $1,154/mo

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    What's special

    Top floor corner unitNew flooringAir conditionerBeautiful custom tile bathroomOwn washer
    This is a leasehold property. THIS IS THE ONE......awesome ocean and sunset views from your top floor corner unit at the very end of Kona Kai. So private and your own space right in Kona town, walk to the ocean for all your water activities and events in Kona, and walking distance to shopping and dining. Ready to move in with the new flooring, cabinets, appliances, paint and beautiful custom tile bathroom, even has your own washer for convenience and has Air Conditioner. This unit is sold with the furnishing and appliances that are in the unit. Perfect for your primary residence or investment buyer. Short-term and long term rentals are available, and pets are allowed at Kona Kai. STR permit available at the County of Hawaii. Parking for I-2 is right in front of unit. OFFERS MUST BE CASH, due to the leasehold status. Leasehold payment are shown monthly, paid every 6 months. AOAO fees include pool and common area maintenance, gas for cooking and hot water, exterior maintenance, landscaping, rubbish removal, quarterly pest control, common area insurance.

    Zillow last checked:

    Listing updated:

    Listed by:

    Cynthia Cary 8085571072,

    Red Time Realty LLC

    Bought with:

    Amber Rich, RB-24460

    Iokua Real Estate

    Source: Hawaii Information Service,MLS#: 715554MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Appliances
    • Included: Other, Range, Refrigerator
    Features
    • Flooring: Laminate
    • Has fireplace: No
    Interior area
    • Total structure area: 515
    • Total interior livable area: 515 sqft

    Property

    Parking
    • Parking features: Assigned
    Details
    • Parcel number: 3740100360057
    • Zoning: CV-10
    • Special conditions: Leasehold,Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Condition
    • Year built: 1969

    Utilities & green energy

    • Utilities for property: Electricity Available, Sewer Connected

    Community & HOA

    Community
    • Subdivision: KONA INDUSTRIAL SUBDIVISION
    HOA
    • Has HOA: Yes
    • HOA fee: $530 monthly
    Location
    • Region: Kailua Kona

    Financial & listing details

    • Price per square foot: $272/sqft
    • Tax assessed value: $128,700
    • Annual tax amount: $1,580
    • Date on market: 11/6/2024
    • Listing terms: Cash
    • Ownership: CPR
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    12/20/2024Sold$140,000$272/sqft
    Source: Hawaii Information Service #715554 Report a problem
    11/6/2024Listed for sale$140,000-9.7%$272/sqft
    Source: Hawaii Information Service #715554 Report a problem
    11/19/2021Sold$155,000+5.1%$301/sqft
    Source: Hawaii Information Service #655338 Report a problem
    10/21/2021Contingent$147,500$286/sqft
    Source: Hawaii Information Service #655338 Report a problem
    10/19/2021Listed for sale$147,500+84.4%$286/sqft
    Source: Hawaii Information Service #655338 Report a problem
    7/9/2019Sold$80,000-14.9%$155/sqft
    Source: Hawaii Information Service #626755 Report a problem
    4/1/2019Price change$93,999-1.1%$183/sqft
    Source: Kona Real Estate Management #626755 Report a problem
    3/8/2019Listed for sale$94,999+137.5%$184/sqft
    Source: Kona Real Estate Management #626755 Report a problem
    9/1/2017Sold$40,000-20%$78/sqft
    Source: Hawaii Information Service #609895 Report a problem
    8/20/2017Listed for sale$50,000$97/sqft
    Source: Kona Real Estate Management #609895 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,662 +5.1%$135,300 +5.1%
    2024$1,581 +10.1%$128,700 +10.1%
    2023$1,436 +16.6%$116,900 +16.6%
    2022$1,232 +26.7%$100,300 +26.6%
    2021$973 +2.5%$79,200 -2.3%
    2020$949 +29%$81,100 +35.4%
    2019$736 +49.7%$59,900 +34.9%
    2018$491 +7.4%$44,400 +11%
    2017$457 +9.6%$40,000
    2016$417 $40,000
    2015$417 $40,000
    2014$417 $40,000
    Find assessor info on the county website

    Neighborhood: 96740

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
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    $127,500
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    +$2,550
    With Zillow Showcase(estimated)

    $130,050

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $127,500
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    +$2,550
    With Zillow Showcase(estimated)

    $130,050