74-5618 Palani Road, Unit J3

Kailua-Kona, HI 96740

$140,000
Last Sold Price
1
Beds
1
Bath
535 Sq. Ft.
$262 / Sq. Ft.
535
Sq. Ft.
$262
per Sq. Ft.

Description

This is a leasehold property and can be a money maker as a vacation rental or an inexpensive place to live in downtown Kona. Turnkey furnished 1 bedroom unit with a king size bed. The art work is not included. Remodeled so move in ready. Walking distance to shopping, the community pool, the pier, beaches, banks and restaurants. The Lease rent is $3876 per year and paid in 6 month increments which is $1938 in Jan. and July. Tenant occupied so 48 hour notice is preferred but maybe shorter notice is...This is a leasehold property and can be a money maker as a vacation rental or an inexpensive place to live in downtown Kona. Turnkey furnished 1 bedroom unit with a king size bed. The art work is not included. Remodeled so move in ready. Walking distance to shopping, the community pool, the pier, beaches, banks and restaurants. The Lease rent is $3876 per year and paid in 6 month increments which is $1938 in Jan. and July. Tenant occupied so 48 hour notice is preferred but maybe shorter notice is possible.
  1. Listed by Cindy Griffey • License #RS-47638 • eXp Realty

Property Details for 74-5618 Palani Road, Unit J3

Subdivision
KONA INDUSTRIAL SUBDIVISION
Zoning
CV-10
Land Tenure
Leasehold

Location

Listing Courtesy of eXp Realty, Cindy Griffey, License #RS-47638

Sold By eXp Realty, Cindy Griffey, License #RS-47638

Add your commute
LISTING UPDATED: 03/24/2023 07:43 AM

Property Details for 74-5618 Palani Road, Unit J3

StatusSold
MLS #667532
Days on Market57
Taxes$1,174 / year
HOA Fees$516 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCondo / Attached
Year Built1969
CountyHawaii County

Location

Listing Courtesy of eXp Realty, Cindy Griffey, License #RS-47638

Sold By eXp Realty, Cindy Griffey, License #RS-47638

Add your commute

Building Information for 74-5618 Palani Road, Unit J3

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

Payment Calculator

$1,378 per month

30 year fixed, 7.25% Interest

Principal and Interest

$764

Property Taxes

$98

HOA Dues

$516

The Payment Calculator is for illustrative purposes only.

Property Information for 74-5618 Palani Road, Unit J3

Summary
Location and General Information
  • Topography: Graded, Level
  • Subdivision Abbreviated Name: KONA INDUSTRIAL
  • Latitude: 19.64397454
  • Location: Kona Kai #J3
  • Longitude: -155.99599075
  • Oceanfront Parcel: N
  • Street: PALANI RD
  • Street Address Full: 74-5618 PALANI RD #J3 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): $516
  • Fees-Association (Yearly): $6,189
  • Exempt Amount: $0
  • Tax Year: 2022
  • Taxes (Annual): $1,174.00
  • Taxkey: 3-7-4-10-36-68
  • 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: $95,600
  • Assessment Year: 2022
  • Project: Kona Kai
  • Property Type: Condo
  • Public Report Number: 1132
  • Photos: 23
Utilities
  • Power: Underground
  • Wastewater: Sewer-Connected
  • Water: County
  • Solid Waste Disposal (Trash): Included with Maintenance Fees
Interior and Exterior Features
Exterior Features
  • Fence/Wall: None
  • Security: None
  • Pool: Y
  • Pool Type: In Ground, Outdoor
Interior Features
  • Window Coverings: Drapes
  • Washer/Dryer: Coin
  • TV Availability: Cable
  • Telephone Availability: Cable, Cell
  • Appliances: Refrigerator, Range/Oven
  • 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, Wireless
Multi Family
Multi-Family Information
  • Bldg Units: J3
  • Unit Description: Inside Unit, Single Level, Walk-Up
Agent
Sale and Listing
  • Sold Terms: CASH
  • Ownership: CPR
  • Media Changed: 01-07-2023
  • MLS: 4.0
  • Terms Acceptable: 1031 Exchange, Cash
  • Leasehold Expires When: 2034
  • Listor Name: Cindy Griffey
  • Days on Market: 57
  • First Photo Sequence: 2
  • Sub-agency offered?: No
  • Subtype of Listing: Attached
  • Remarks - Public: This is a leasehold property and can be a money maker as a vacation rental or an inexpensive place to live in downtown Kona. Turnkey furnished 1 bedroom unit with a king size bed. The art work is not included. Remodeled so move in ready. Walking distance to shopping, the community pool, the pier, beaches, banks and restaurants. The Lease rent is $3876 per year and paid in 6 month increments which is $1938 in Jan. and July. Tenant occupied so 48 hour notice is preferred but maybe shorter notice is possible.
  • REversion: 600
  • Sale Type: Standard Sale
  • DZS: 374
Showing and Remarks
  • Showing Instructions: Buyer Agent Must Be Present, Electronic Lock Box, 48+ hrs notice

Property History for 74-5618 Palani Road, Unit J3

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 J3

Taxable ValueLand$17,500Additions$93,700Total$111,200
Tax Record2023$1,366 ($114 / month)
Home Facts
Beds1Baths1Total Finished SqFt535 SqFtAbove Grade Finished SqFt535 SqFtStories1StyleCondominiumYear Built1969Zoning3M - VILLAGECountyHAWAIIAPN3-7-4-010-036-0068

Schools near 74-5618 Palani Road, Unit J3

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 eXp Realty, Cindy Griffey, License #RS-47638