74-5618 Palani Road, Unit I4

Kailua-Kona, HI 96740

$120,000
Last Sold Price
1
Beds
1
Bath
535 Sq. Ft.
$224 / Sq. Ft.
535
Sq. Ft.
$224
per Sq. Ft.

Description

This is a leasehold property. The lease expires in 2034 with no compensation to owner. The lease will renegotiate in 2029. This unit is located on the second floor and has a 180 degree view of the ocean and have the ocean breezes come through out. With the recent events of the last year the owner was unable to complete the kitchen remodel. The rest of the unit looks beautiful and requires little to no touch up. Perfect location in town for convenience of stores, beach, and food.This is a leasehold property. The lease expires in 2034 with no compensation to owner. The lease will renegotiate in 2029. This unit is located on the second floor and has a 180 degree view of the ocean and have the ocean breezes come through out. With the recent events of the last year the owner was unable to complete the kitchen remodel. The rest of the unit looks beautiful and requires little to no touch up. Perfect location in town for convenience of stores, beach, and food.
  1. Listed by Christina Sotelo • License #RB-21660 • Kona Real Estate Management

Property Details for 74-5618 Palani Road, Unit I4

Subdivision
KONA INDUSTRIAL SUBDIVISION
Zoning
CV-10
Land Tenure
Leasehold

Location

Listing Courtesy of Kona Real Estate Management, Christina Sotelo, License #RB-21660

Sold By Romvari Realty, Gabe Winkler, License #RS-75704

Add your commute
LISTING UPDATED: 10/26/2021 08:26 AM

Property Details for 74-5618 Palani Road, Unit I4

StatusSold
MLS #653967
Days on Market19
Taxes$972 / year
HOA Fees$509 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCondo / Attached
Year Built1969
CountyHawaii County

Location

Listing Courtesy of Kona Real Estate Management, Christina Sotelo, License #RB-21660

Sold By Romvari Realty, Gabe Winkler, License #RS-75704

Add your commute

Building Information for 74-5618 Palani Road, Unit I4

Building/Complex74-5618 Palani RdFloor-Stories-Residences-Pet Policy-Year Built1969

Payment Calculator

$1,245 per month

30 year fixed, 7.25% Interest

Principal and Interest

$655

Property Taxes

$81

HOA Dues

$509

The Payment Calculator is for illustrative purposes only.

Property Information for 74-5618 Palani Road, Unit I4

Summary
Location and General Information
  • Subdivision Abbreviated Name: KONA INDUSTRIAL
  • Latitude: 19.64397454
  • Location: Kona Kai #I4
  • Longitude: -155.99599075
  • Oceanfront Parcel: N
  • Street: PALANI RD
  • Street Address Full: 74-5618 PALANI RD #I4 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: 2021
  • Taxes (Annual): $972.00
  • Taxkey: 3-7-4-10-36-59
  • Taxkey9: 374010036
Parking
  • Vehicle Storage/Parking: Assigned
Property
Lot Information
  • Roads: Paved
  • Year Built Maximum: 1969
  • Year Built Minimum: 1969
  • Interior Area (Total): 535.0
  • Land Area: 0.0
  • Flood Zone: X
  • Lava Zone: 4
Property and Assessments
  • Special Assessment: No
  • Special Assessment Amount (Monthly): $0
  • Disclosure Form: Yes
  • Assessed Value: $79,200
  • Assessment Year: 2021
  • Project: Kona Kai
  • Property Type: Condo
  • Public Report Number: 1132
  • Photos: 10
Utilities
  • Power: Underground
  • Wastewater: Sewer-Connected
  • Water: County
  • Solid Waste Disposal (Trash): Included with Maintenance Fees
Interior and Exterior Features
Exterior Features
  • Pool: N
Interior Features
  • TV Availability: Cable
  • Telephone Availability: Cable, Cell, Land Line
  • Appliances: None
  • Bathrooms (Total): 1
  • Baths 1/2 (Total): 0
  • Baths 1/4 (Total): 0
  • Baths 3/4 (Total): 0
  • Baths Full (Total): 1
  • Bedrooms (Total): 1
  • Floor Covering: Carpet
  • Internet Availability: Cable, DSL, Wireless
Multi Family
Multi-Family Information
  • Bldg Units: I4
Agent
Sale and Listing
  • Sold Terms: CASH
  • Ownership: CPR
  • Media Changed: 09-06-2021
  • MLS: 4.0
  • Terms Acceptable: Cash
  • Leasehold Expires When: 2034
  • Listor Name: Christina Sotelo
  • Days on Market: 19
  • First Photo Sequence: 5
  • Subtype of Listing: Attached
  • Remarks - Public: This is a leasehold property. The lease expires in 2034 with no compensation to owner. The lease will renegotiate in 2029.<br>This unit is located on the second floor and has a 180 degree view of the ocean and have the ocean breezes come through out. With the recent events of the last year the owner was unable to complete the kitchen remodel. The rest of the unit looks beautiful and requires little to no touch up. Perfect location in town for convenience of stores, beach, and food.
  • REversion: 600
  • Sale Type: Standard Sale
  • DZS: 374
Showing and Remarks
  • Showing Instructions: Listing Agent Must be Present, Same Day Notice, Overnight Notice, Call Listor

Property History for 74-5618 Palani Road, Unit I4

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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 I4

Taxable ValueLand$17,500Additions$99,400Total$116,900
Tax Record2023$112 ($9 / month)
Home Facts
Beds1Baths1Total Finished SqFt535 SqFtAbove Grade Finished SqFt535 SqFtStories1StyleCondominiumYear Built1969Zoning3M - VILLAGECountyHAWAIIAPN3-7-4-010-036-0059

Schools near 74-5618 Palani Road, Unit I4

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.

Similar Homes

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Similar Sold Homes

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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 Kona Real Estate Management, Christina Sotelo, License #RB-21660