74-5618 Palani Road, Unit I2

Kailua-Kona, HI 96740

$140,000
Price
1
Beds
1
Bath
515 Sq. Ft.
$272 / Sq. Ft.
515
Sq. Ft.
$272
per Sq. Ft.

Description

This is a leasehold property. THIS IS THE ONE......awesome ocean and sunset views from your top floor corner unit at the very end of Kona Kai. So private and your own space right in Kona town, walk to the ocean for all your water activities and events in Kona, and walking distance to shopping and dining. Ready to move in with the new flooring, cabinets, appliances, paint and beautiful custom tile bathroom, even has your own washer for convenience and has Air Conditioner. This unit is sold with the...This is a leasehold property. THIS IS THE ONE......awesome ocean and sunset views from your top floor corner unit at the very end of Kona Kai. So private and your own space right in Kona town, walk to the ocean for all your water activities and events in Kona, and walking distance to shopping and dining. Ready to move in with the new flooring, cabinets, appliances, paint and beautiful custom tile bathroom, even has your own washer for convenience and has Air Conditioner. This unit is sold with the furnishing and appliances that are in the unit. Perfect for your primary residence or investment buyer. Short-term and long term rentals are available, and pets are allowed at Kona Kai. STR permit available at the County of Hawaii. Parking for I-2 is right in front of unit. OFFERS MUST BE CASH, due to the leasehold status. Leasehold payment are shown monthly, paid every 6 months. AOAO fees include pool and common area maintenance, gas for cooking and hot water, exterior maintenance, landscaping, rubbish removal, quarterly pest control, common area insurance.
  1. Listed by Cynthia Cary • License #RB-18898 • Red Time Realty LLC

Property Details for 74-5618 Palani Road, Unit I2

Subdivision
KONA INDUSTRIAL SUBDIVISION
Zoning
CV-10
Land Tenure
Leasehold
LISTING UPDATED: 11/06/2024 10:27 AM

Property Details for 74-5618 Palani Road, Unit I2

StatusActive
MLS #715554
Days on Market15
Taxes$1,581 / year
HOA Fees$530 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCondo / Attached
Year Built1969
CountyHawaii County

Building Information for 74-5618 Palani Road, Unit I2

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

Property Information for 74-5618 Palani Road, Unit I2

Summary
Location and General Information
  • Latitude: 19.64397454
  • Location: Kona Kai #I2
  • Longitude: -155.99599075
  • Oceanfront Parcel: N
  • Street: PALANI RD
  • Street Address Full: 74-5618 PALANI RD #I2 KAILUA-KONA HI 96740
  • Street Number: 74-5618
  • City: KAILUA-KONA
  • District: North Kona
  • Zip Code: 96740
Taxes and HOA Information
  • Fees-Association (Monthly): $530
  • Fees-Association (Yearly): $6,355
  • Exempt Amount: $0
  • Tax Year: 2024
  • Taxes (Annual): $1,580.82
  • Taxkey: 3-7-4-10-36-57
  • Taxkey9: 374010036
Parking
  • Vehicle Storage/Parking: Assigned
Virtual Tour
  • Tours: 0
Property
Lot Information
  • Roads: Paved
  • Year Built Maximum: 1969
  • Year Built Minimum: 1969
  • Interior Area (Total): 515.0
  • Land Area: 0.0
  • Flood Zone: X
  • Lava Zone: 4
Property and Assessments
  • Special Assessment: Yes
  • Special Assessment Amount (Monthly): $240
  • Disclosure Form: Yes
  • Assessed Value: $128,700
  • Assessment Year: 2024
  • Project: Kona Kai
  • Property Type: Condo
  • Public Report Number: 1132
  • Photos: 16
Utilities
  • Power: Overhead
  • Wastewater: Sewer-Connected
  • Water: County
  • Solid Waste Disposal (Trash): Included with Maintenance Fees
Interior and Exterior Features
Exterior Features
  • Pool: N
Interior Features
  • Appliances: Refrigerator, Range/Oven, Other (remarks)
  • 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: Laminate
Multi Family
Multi-Family Information
  • Bldg Units: I2
Agent
Sale and Listing
  • Ownership: CPR
  • Media Changed: 11-06-2024
  • Terms Acceptable: Cash
  • Leasehold Expires When: 12/2034
  • Listor Name: Cynthia Cary
  • Days on Market: 0
  • First Photo Sequence: 1
  • Subtype of Listing: Attached
  • Remarks - Public: This is a leasehold property. THIS IS THE ONE......awesome ocean and sunset views from your top floor corner unit at the very end of Kona Kai. So private and your own space right in Kona town, walk to the ocean for all your water activities and events in Kona, and walking distance to shopping and dining. Ready to move in with the new flooring, cabinets, appliances, paint and beautiful custom tile bathroom, even has your own washer for convenience and has Air Conditioner. This unit is sold with the furnishing and appliances that are in the unit. Perfect for your primary residence or investment buyer. Short-term and long term rentals are available, and pets are allowed at Kona Kai. STR permit available at the County of Hawaii. Parking for I-2 is right in front of unit. <br>OFFERS MUST BE CASH, due to the leasehold status. Leasehold payment are shown monthly, paid every 6 months. AOAO fees include pool and common area maintenance, gas for cooking and hot water, exterior maintenance, landscaping, rubbish removal, quarterly pest control, common area insurance.
  • REversion: 600
  • Sale Type: Standard Sale
  • DZS: 374

Property History for 74-5618 Palani Road, Unit I2

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 I2

Taxable ValueLand$17,500Additions$111,200Total$128,700
Tax Record2024$1,581 ($132 / month)
Home Facts
Beds1Baths1Total Finished SqFt515 SqFtAbove Grade Finished SqFt515 SqFtStories1StyleCondominiumYear Built1969ZoningCV-10CountyHAWAIIAPN3-7-4-010-036-0057

Schools near 74-5618 Palani Road, Unit I2

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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74-5618 Palani Road, Unit I2 is a condo for sale in Kailua-Kona, HI 96740. This property was listed for sale on November 6, 2024 by Red Time Realty LLC, it's currently listed at $140,000. It has been on the market for a total of 15 days and was last sold on November 19, 2021. This listing's school district is Hawaii Department Of Education. Nearby schools include Kealakehe Elementary School, Kealakehe Intermediate School and Kealakehe High School. 74-5618 Palani Road, Unit I2 is a 1-bed, 1-bath, 515 sqft condo built in 1969.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Red Time Realty LLC, Cynthia Cary, License #RB-18898