74-5618 Palani Road, Unit M7

Kailua-Kona, HI 96740

$175,000
Last Sold Price
2
Beds
1
Bath
624 Sq. Ft.
$280 / Sq. Ft.
624
Sq. Ft.
$280
per Sq. Ft.

Description

This is a leasehold property. This cozy condo was recently updated in 2018. At that time the condo welcomed new kitchen cabinets, kitchen sink, faucet, granite counter tops, new stove, new refrigerator, new tiled walk in shower, as well as fresh paint and new flooring throughout. More recent updates (8-22) include a new vanity/ sink and faucet in bathroom as well as a new mirror and barn door cabinet over toilet. Condo is fresh and clean and ready for you. Kona Kai Condominium Project is located...This is a leasehold property. This cozy condo was recently updated in 2018. At that time the condo welcomed new kitchen cabinets, kitchen sink, faucet, granite counter tops, new stove, new refrigerator, new tiled walk in shower, as well as fresh paint and new flooring throughout. More recent updates (8-22) include a new vanity/ sink and faucet in bathroom as well as a new mirror and barn door cabinet over toilet. Condo is fresh and clean and ready for you. Kona Kai Condominium Project is located right in the heart of Kailua Kona. You can walk to the pier, local restaurants, beaches, grocery shopping, banking and more. Perfect location for your new or second home. Enjoy your morning coffee or evening pau hana on your screened in lanai, before or after a wonderful day exploring all Kona has to offer. Kona Kai Condominiums are approved for Short Term Vacation Rental, however, this condo has never been used as such. Buyer will need to apply for and acquire Short Term Vacation Rental Permit if desired. Current tenant is on a lease thru October 31, 2022 and is paying $1,925.00 per month rent plus utilities.
  1. Listed by Christina Menig • License #RS-75631 • Hawaii Coast Realty, LLC

Property Details for 74-5618 Palani Road, Unit M7

Subdivision
KONA INDUSTRIAL SUBDIVISION
Zoning
CV-10
Land Tenure
Leasehold

Location

Listing Courtesy of Hawaii Coast Realty, LLC, Christina Menig, License #RS-75631

Sold By Premier Island Properties LLC, Jennifer Rhodes, License #RB-22809

Add your commute
LISTING UPDATED: 05/31/2023 08:11 AM

Property Details for 74-5618 Palani Road, Unit M7

StatusSold
MLS #664048
Days on Market226
Taxes$1,358 / year
HOA Fees$613 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCondo / Attached
Year Built1969
CountyHawaii County

Location

Listing Courtesy of Hawaii Coast Realty, LLC, Christina Menig, License #RS-75631

Sold By Premier Island Properties LLC, Jennifer Rhodes, License #RB-22809

Add your commute

Building Information for 74-5618 Palani Road, Unit M7

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

Payment Calculator

$1,681 per month

30 year fixed, 7.25% Interest

Principal and Interest

$955

Property Taxes

$113

HOA Dues

$613

The Payment Calculator is for illustrative purposes only.

Property Information for 74-5618 Palani Road, Unit M7

Summary
Location and General Information
  • Subdivision Abbreviated Name: KONA INDUSTRIAL
  • Latitude: 19.64397454
  • Location: Kona Kai #M7
  • Longitude: -155.99599075
  • Oceanfront Parcel: N
  • Street: PALANI RD
  • Street Address Full: 74-5618 PALANI RD #M7 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): $613
  • Fees-Association (Yearly): $7,356
  • Exempt Amount: $0
  • Tax Year: 2022
  • Taxes (Annual): $1,358.00
  • Taxkey: 3-7-4-10-36-94
  • Taxkey9: 374010036
Parking
  • Vehicle Storage/Parking: Assigned
Property
Lot Information
  • Roads: County
  • Agriculture Dedicated: No
  • Year Built Maximum: 1969
  • Year Built Minimum: 1969
  • Interior Area (Total): 624.0
  • 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: $110,600
  • 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
  • Security: None
  • Pool: N
Interior Features
  • Features: BBQ/Cooking Pit, Community Laundry, Enclosed Lanai, Track Lighting
  • Window Coverings: None
  • Washer/Dryer: Coin, Dryer, Washer
  • TV Availability: Cable
  • Telephone Availability: Cable, Cell, Land Line
  • 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): 2
  • Floor Covering: Laminate
  • Heating/Cooling: Window/Wall units
  • Internet Availability: Cable, Wireless
Multi Family
Multi-Family Information
  • Bldg Units: M7
  • Unit Description: Ground Unit
Income & Expenses
  • Common Area Expenses: No
Agent
Sale and Listing
  • Sold Terms: CASH
  • Ownership: CPR
  • Price Direction: -
  • Media Changed: 08-19-2022
  • MLS: 4.0
  • Terms Acceptable: Cash
  • Leasehold Expires When: 2034
  • Listor Name: Christina Menig
  • Days on Market: 226
  • First Photo Sequence: 27
  • Subtype of Listing: Attached
  • Remarks - Public: This is a leasehold property. This cozy condo was recently updated in 2018. At that time the condo welcomed new kitchen cabinets, kitchen sink, faucet, granite counter tops, new stove, new refrigerator, new tiled walk in shower, as well as fresh paint and new flooring throughout. More recent updates (8-22) include a new vanity/ sink and faucet in bathroom as well as a new mirror and barn door cabinet over toilet. Condo is fresh and clean and ready for you. Kona Kai Condominium Project is located right in the heart of Kailua Kona. You can walk to the pier, local restaurants, beaches, grocery shopping, banking and more. Perfect location for your new or second home.<br><br>Enjoy your morning coffee or evening pau hana on your screened in lanai, before or after a wonderful day exploring all Kona has to offer. Kona Kai Condominiums are approved for Short Term Vacation Rental, however, this condo has never been used as such. Buyer will need to apply for and acquire Short Term Vacation Rental Permit if desired. Current tenant is on a lease thru October 31, 2022 and is paying $1,925.00 per month rent plus utilities.
  • REversion: 600
  • Sale Type: Standard Sale
  • DZS: 374
Showing and Remarks
  • Showing Instructions: Mechanical Lock Box, Overnight Notice, Call Listor

Property History for 74-5618 Palani Road, Unit M7

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 M7

Taxable ValueLand$21,100Additions$107,400Total$128,500
Tax Record2023$989 ($82 / month)
Home Facts
Beds2Baths1Total Finished SqFt624 SqFtAbove Grade Finished SqFt624 SqFtStories1StyleCondominiumYear Built1969Zoning3M - VILLAGECountyHAWAIIAPN3-7-4-010-036-0094

Schools near 74-5618 Palani Road, Unit M7

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 Hawaii Coast Realty, LLC, Christina Menig, License #RS-75631