For sale

$125,000

74-5618 Palani Rd APT I5, Kailua Kona, HI 96740

1beds

535sqft

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Condominium

Built in 1969

-- sqft lot

$118,500 Zestimate^®

$234/sqft

$625/mo HOA

What's special

Well-maintained beautiful condoNewer ac unitsMany upgradesCozy dual-purpose unitGarbage disposalCeiling fans

This is a leasehold property. This well-maintained beautiful condo boasts many upgrades. Perfect location in Kona Town. Short walk to restaurants, shopping and waterfront. This unit located on the 1st floor has newer AC units, Dishwasher, Ceiling Fans, Garbage disposal. This property is approved for short term vacation rentals. This cozy dual-purpose unit is turnkey and ready to move in and/or renting on Airbnb immediately. Snowbird owners live here January through March, and it is currently Airbnb rented with a 4.7 rating.

30 days

780

24

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1

Appliances

Included: Dishwasher

Features

Has fireplace: No

Interior area

Total structure area: 535
Total interior livable area: 535 sqft

Property

Parking

Parking features: Assigned

Features

Has view: Yes
View description: Other

Details

Parcel number: 3740100360060
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: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected

Community & HOA

Community

Subdivision: KONA INDUSTRIAL SUBDIVISION

HOA

Has HOA: Yes
HOA fee: $625 monthly

Location

Region: Kailua Kona

Financial & listing details

Price per square foot: $234/sqft
Tax assessed value: $133,400
Annual tax amount: $1,638
Date on market: 6/11/2026
Listing terms: Cash
Ownership: CPR
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

$118,500

$113,000 - $124,000

$2,150/mo

Price history

Date	Event	Price
6/11/2026	Listed for sale	$125,000+72.4%$234/sqft
Source: Hawaii Information Service #730968 Report a problem
3/30/2021	Sold	$72,500-3.3%$136/sqft
Source: Hawaii Information Service #644505 Report a problem
2/13/2021	Contingent	$75,000$140/sqft
Source: Hawaii Information Service #644505 Report a problem
2/12/2021	Price change	$75,000+3.4%$140/sqft
Source: Hawaii Information Service #644505 Report a problem
2/8/2021	Price change	$72,500-14.7%$136/sqft
Source: Hawaii Information Service #644505 Report a problem
1/30/2021	Price change	$85,000-9.1%$159/sqft
Source: Hawaii Information Service #644505 Report a problem
1/5/2021	Price change	$93,500-6%$175/sqft
Source: Hawaii Information Service #644505 Report a problem
11/16/2020	Listed for sale	$99,500+282.7%$186/sqft
Source: Hawaii Coast Realty, LLC #644505 Report a problem
6/30/2014	Sold	$26,000-5.5%$49/sqft
Source: Hawaii Information Service #271645 Report a problem
5/14/2014	Listed for sale	$27,500-21.4%$51/sqft
Source: C and H Properties dba Windermere/ C and H Properties #271645 Report a problem
5/13/2010	Sold	$35,000-41.4%$65/sqft
Source: Public Record Report a problem
1/19/2010	Sold	$59,750$112/sqft
Source: Public Record Report a problem
11/3/2009	Sold	$59,750-58.8%$112/sqft
Source: Public Record Report a problem
1/21/2005	Sold	$145,000$271/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$133,400 +5.2%
2024	$1,557 +10.3%	$126,800 +10.3%
2023	$1,413 +16.5%	$115,000 +16.5%
2022	$1,212 +26.6%	$98,700 +26.5%
2021	$958 +2.5%	$78,000 -2.4%
2020	$935 +28.8%	$79,900 +35.2%
2019	$726 +49.6%	$59,100 +34.9%
2018	$485 +7.4%	$43,800 +10.9%
2017	$451 +9.6%	$39,500
2016	$412	$39,500
2015	$412	$39,500
2014	$412	$39,500

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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