74-5618 Palani Road, Unit D2
74-5618 Palani Road, Unit D2
Kailua-Kona, HI 96740
$135,000
Last Sold Price
2
Beds
1
Bath
624 Sq. Ft.
$216 / Sq. Ft.
624
Sq. Ft.
$216
per Sq. Ft.
Sold 5/24/23
Sold 5/24/23
Description
This is a leasehold property. Price reduction! This in-town location has freshly painted walls, doors, trim and kitchen cabinets. Bathroom has a walk-in shower and the condo comes furnished and is in the heart of Kailua-Kona. Parking is close to the condo. Complex uses gas stoves and has a building gas on demand hot water heater. The gas is paid for in the maintenance fees so your monthly electric bill will be less then most other condos. When paying cash for the condo, your monthly out-of-pocket...This is a leasehold property. Price reduction! This in-town location has freshly painted walls, doors, trim and kitchen cabinets. Bathroom has a walk-in shower and the condo comes furnished and is in the heart of Kailua-Kona. Parking is close to the condo. Complex uses gas stoves and has a building gas on demand hot water heater. The gas is paid for in the maintenance fees so your monthly electric bill will be less then most other condos. When paying cash for the condo, your monthly out-of-pocket currently for lease fees, maintenance fees and investor rate property taxes ($109) is $1,112 plus insurance, electric and cable/internet. The laundry is coin operated and located by the pool and mailboxes, it is very nice and well kept. This is a pet friendly project for one pet with board approval. The nearest grocery store is right next door to this complex and the nearest pharmacy, post office and bank are across the street so a car may not be necessary! The leasehold term means you only lease the land the condo sits on and someone else owns it that you pay a lease fee to. The land lease expires in 2034 and may not be renewed. The lease fee when calculated is $372 per month, however it is paid every 6 months. In addition there are also association maintenance fees monthly of $622. Home inspection and sellers disclosure are available. The association does their own termite treatment so not TIR provided.
- Listed by Gretchen Osgood • License #RB-18884 • Hawaiian Isle Real Estate, LLC
Property Details for 74-5618 Palani Road, Unit D2
Subdivision
KONA INDUSTRIAL SUBDIVISION
ZoningCV-10
ViewSunset
Land TenureLeasehold
Location
Listing Courtesy of Hawaiian Isle Real Estate, LLC, Gretchen Osgood, License #RB-18884
Sold By Hawaiian Isle Real Estate, LLC, Gretchen Osgood, License #RB-18884
Add your commute
LISTING UPDATED: 05/24/2023 09:54 AM
Property Details for 74-5618 Palani Road, Unit D2
| Status | Sold |
|---|---|
| MLS # | 667850 |
| Days on Market | 40 |
| Taxes | $1,319 / year |
| HOA Fees | $622 / month |
| Condo/Co-op Fees | - |
| Compass Type | Condo |
| MLS Type | Condo / Attached |
| Year Built | 1969 |
| County | Hawaii County |
Location
Listing Courtesy of Hawaiian Isle Real Estate, LLC, Gretchen Osgood, License #RB-18884
Sold By Hawaiian Isle Real Estate, LLC, Gretchen Osgood, License #RB-18884
Add your commute
Building Information for 74-5618 Palani Road, Unit D2
Building/Complex74-5618 Palani RdFloor-Stories-Residences-Pet Policy-Year Built1969
Payment Calculator
$1,469 per month
30 year fixed, 7.25% Interest
Principal and Interest
$737
Property Taxes
$110
HOA Dues
$622
The Payment Calculator is for illustrative purposes only.
Property Information for 74-5618 Palani Road, Unit D2
Summary
Location and General Information
- Topography: Fairly Level
- Subdivision Abbreviated Name: KONA INDUSTRIAL
- Latitude: 19.64397454
- Location: Kona Kai #D2
- Longitude: -155.99599075
- Oceanfront Parcel: N
- Street: PALANI RD
- Street Address Full: 74-5618 PALANI RD #D2 KAILUA-KONA HI 96740
- Street Number: 74-5618
- City: KAILUA-KONA
- District: North Kona
- Zip Code: 96740
Taxes and HOA Information
- Fee Available: No
- Fees-Association (Monthly): $0
- Fees-Association (Yearly): $0
- Exempt Amount: $0
- Tax Year: 2022
- Taxes (Annual): $1,319.00
- Taxkey: 3-7-4-10-36-26
- Taxkey9: 374010036
Parking
- Vehicle Storage/Parking: Assigned
Property
Lot Information
- Roads: Private, Paved
- Structures: Yes
- Agriculture Dedicated: No
- Design: Double Wall, Wood Frame
- Year Built Maximum: 1969
- Year Built Minimum: 1969
- Interior Area (Total): 624.0
- Land Area: 0.0
- Lot Description - Land: None
- Flood Zone: X
- Lava Zone: 4
Property and Assessments
- Special Assessment: No
- Special Assessment Amount (Monthly): $0
- Disclosure Form: Yes
- Assessed Value: $107,400
- Assessment Year: 2022
- Project: Kona Kai
- Property Type: Condo
- Public Report Number: 1132
- Recordation System: Regular
- Photos: 18
Utilities
- Power: Underground
- Wastewater: Sewer-Connected
- Water: County
- Solid Waste Disposal (Trash): Included with Maintenance Fees
Interior and Exterior Features
Exterior Features
- Security: None
- Pool: Y
- Pool Type: Concrete/Gunite
Interior Features
- Features: Smoke/Heat Detector
- Window Coverings: None
- Washer/Dryer: Coin
- TV Availability: Cable
- Telephone Availability: Cable
- Appliances: Refrigerator, Range/Oven, Range Hood
- Bathrooms (Total): 1
- Baths 1/2 (Total): 0
- Baths 1/4 (Total): 0
- Baths 3/4 (Total): 0
- Baths Full (Total): 1
- Bedrooms (Total): 2
- Floor Covering: Carpet
- Heating/Cooling: None
- Internet Availability: Cable
Multi Family
Multi-Family Information
- Bldg Units: D2
- Unit Description: End Unit, Walk-Up
Income & Expenses
- Common Area Expenses: Yes
Agent
Sale and Listing
- Sold Terms: CASH
- Ownership: CPR
- Price Direction: -
- Media Changed: 03-23-2023
- MLS: 4.0
- Terms Acceptable: Cash
- Leasehold Expires When: 2034
- Listor Name: Gretchen Osgood
- Days on Market: 40
- First Photo Sequence: 14
- Sub-agency offered?: No
- Subtype of Listing: Attached
- Remarks - Public: This is a leasehold property.<br><br>Price reduction! This in-town location has freshly painted walls, doors, trim and kitchen cabinets. Bathroom has a walk-in shower and the condo comes furnished and is in the heart of Kailua-Kona.<br><br>Parking is close to the condo. Complex uses gas stoves and has a building gas on demand hot water heater. The gas is paid for in the maintenance fees so your monthly electric bill will be less then most other condos. When paying cash for the condo, your monthly out-of-pocket currently for lease fees, maintenance fees and investor rate property taxes ($109) is $1,112 plus insurance, electric and cable/internet.<br><br>The laundry is coin operated and located by the pool and mailboxes, it is very nice and well kept.<br><br>This is a pet friendly project for one pet with board approval. The nearest grocery store is right next door to this complex and the nearest pharmacy, post office and bank are across the street so a car may not be necessary!<br><br>The leasehold term means you only lease the land the condo sits on and someone else owns it that you pay a lease fee to. The land lease expires in 2034 and may not be renewed. The lease fee when calculated is $372 per month, however it is paid every 6 months. In addition there are also association maintenance fees monthly of $622.<br><br>Home inspection and sellers disclosure are available. The association does their own termite treatment so not TIR provided.
- REversion: 600
- Sale Type: Standard Sale
- DZS: 374
Showing and Remarks
- Showing Instructions: Buyer Agent Must Be Present, Electronic Lock Box, Same Day Notice
Property History for 74-5618 Palani Road, Unit D2
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 74-5618 Palani Road, Unit D2
Taxable ValueLand$21,100Additions$103,600Total$124,700
Tax Record2023$955 ($80 / month)
Home Facts
Beds2Baths1Total Finished SqFt624 SqFtAbove Grade Finished SqFt624 SqFtStories1StyleCondominiumYear Built1969Zoning3M - VILLAGECountyHAWAIIAPN3-7-4-010-036-0026
Schools near 74-5618 Palani Road, Unit D2
This home is within Hawaii Department Of Education.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | K to 8 |
Rating | School | Distance |
|---|---|---|
Kealakehe Elementary School PublicPK to 5 | ||
Kealakehe Intermediate School Public6 to 8 | ||
Kealakehe High School Public9 to 12 | ||
Innovations - Public Charter School CharterK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Hawaiian Isle Real Estate, LLC, Gretchen Osgood, License #RB-18884