74-5618 Palani Road, Unit K4
Kailua-Kona, HI 96740
$129,500
Price
1
Beds
1
Bath
535 Sq. Ft.
$242 / Sq. Ft.
535
Sq. Ft.
$242
per Sq. Ft.
Description
This is a leasehold property. Prime Location in Kailua Kona! Kona Kai Condominiums offer a highly sought-after central location, just minutes from shopping, the post office, and the bustling downtown pier. This one-bedroom, second-floor unit is positioned in the heart of Kona Kai and features a partial mountain view from the private deck. The condo has been recently updated with new kitchen appliances, fresh paint, and a range of repairs throughout. The zoning permits short-term vacation rentals,...This is a leasehold property. Prime Location in Kailua Kona! Kona Kai Condominiums offer a highly sought-after central location, just minutes from shopping, the post office, and the bustling downtown pier. This one-bedroom, second-floor unit is positioned in the heart of Kona Kai and features a partial mountain view from the private deck. The condo has been recently updated with new kitchen appliances, fresh paint, and a range of repairs throughout. The zoning permits short-term vacation rentals, making this an ideal opportunity. The current lease rent is $323 per month (payable every 6 months), with the lease set to be renegotiated in December 2029 and expiring at the end of 2034. Monthly maintenance fees are $529, covering landscaping, common area upkeep, trash removal, propane for cooking, hot water, and common area insurance. Kona Kai residents enjoy a community pool, BBQ area with picnic tables, and a coin-operated laundry room equipped with new machines. This property is being sold for cash, as traditional financing is not available. A great value for a centrally located home or vacation rental in the heart of Kona! ? MLS listing details and public records are believed to be accurate, but cannot be guaranteed. Buyers should independently verify any information they consider essential or relevant to their purchase. Association Manager is Associa Hawaii.
- Listed by Kevin Lewis • License #RB-18141 • Coldwell Banker Island Properties - Hilo
Property Details for 74-5618 Palani Road, Unit K4
Subdivision
KONA INDUSTRIAL SUBDIVISION
ZoningCV-10
Land TenureLeasehold
LISTING UPDATED: 12/09/2024 11:46 AM
Property Details for 74-5618 Palani Road, Unit K4
| Status | Active |
|---|---|
| MLS # | 711037 |
| Days on Market | 189 |
| Taxes | $65 / year |
| HOA Fees | $529 / month |
| Condo/Co-op Fees | - |
| Compass Type | Condo |
| MLS Type | Condo / Attached |
| Year Built | 1969 |
| County | Hawaii County |
Building Information for 74-5618 Palani Road, Unit K4
Building/Complex74-5618 Palani RdFloor-Stories-Residences-Pet Policy-Year Built1969
Property Information for 74-5618 Palani Road, Unit K4
Summary
Location and General Information
- Latitude: 19.64397454
- Location: Kona Kai #K4
- Longitude: -155.99599075
- Oceanfront Parcel: N
- Street: PALANI RD
- Street Address Full: 74-5618 PALANI RD #K4 KAILUA-KONA HI 96740
- Street Number: 74-5618
- City: KAILUA-KONA
- District: North Kona
- Zip Code: 96740
Taxes and HOA Information
- Fees-Association (Monthly): $0
- Fees-Association (Yearly): $0
- Exempt Amount: $0
- Tax Year: 2023
- Taxes (Annual): $64.83
- Taxkey: 3-7-4-10-36-75
- Taxkey9: 374010036
Parking
- Vehicle Storage/Parking: Assigned
Virtual Tour
- Tours: 0
Property
Lot Information
- Roads: County
- Year Built Maximum: 1969
- Year Built Minimum: 1969
- Interior Area (Total): 535.0
- Flood Zone: X
- Lava Zone: 4
Property and Assessments
- Special Assessment: No
- Special Assessment Amount (Monthly): $0
- Disclosure Form: Yes
- Assessed Value: $111,200
- Assessment Year: 2023
- Project: Kona Kai
- Property Type: Condo
- Public Report Number: 1132
- Photos: 15
Utilities
- Power: Overhead
- Wastewater: Sewer-Connected
- Water: County
- Solid Waste Disposal (Trash): Included with Maintenance Fees
Interior and Exterior Features
Exterior Features
- Pool: Y
- Pool Type: In Ground
Interior Features
- Washer/Dryer: Coin
- TV Availability: Cable
- Telephone Availability: Land Line, Cell
- Appliances: Microwave, 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: DSL
Multi Family
Multi-Family Information
- Bldg Units: K4
Agent
Sale and Listing
- Ownership: CPR
- Price Direction: -
- Media Changed: 11-14-2024
- Terms Acceptable: Cash
- Leasehold Expires When: 2034
- Listor Name: Kevin E Lewis
- Days on Market: 188
- First Photo Sequence: 4
- Sub-agency offered?: No
- Subtype of Listing: Attached
- Remarks - Public: This is a leasehold property. Prime Location in Kailua Kona! Kona Kai Condominiums offer a highly sought-after central location, just minutes from shopping, the post office, and the bustling downtown pier. This one-bedroom, second-floor unit is positioned in the heart of Kona Kai and features a partial mountain view from the private deck. The condo has been recently updated with new kitchen appliances, fresh paint, and a range of repairs throughout.<br><br>The zoning permits short-term vacation rentals, making this an ideal opportunity. The current lease rent is $323 per month (payable every 6 months), with the lease set to be renegotiated in December 2029 and expiring at the end of 2034. Monthly maintenance fees are $529, covering landscaping, common area upkeep, trash removal, propane for cooking, hot water, and common area insurance.<br><br>Kona Kai residents enjoy a community pool, BBQ area with picnic tables, and a coin-operated laundry room equipped with new machines. This property is being sold for cash, as traditional financing is not available. A great value for a centrally located home or vacation rental in the heart of Kona!<br><br>?MLS listing details and public records are believed to be accurate, but cannot be guaranteed. Buyers should independently verify any information they consider essential or relevant to their purchase. Association Manager is Associa Hawaii.
- REversion: 600
- Sale Type: Standard Sale
- DZS: 374
Showing and Remarks
- Showing Instructions: Call Listor, Same Day Notice
Property History for 74-5618 Palani Road, Unit K4
| 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 K4
Taxable ValueLand$17,500Additions$105,000Total$122,500
Tax Record2024$1,505 ($125 / month)
Home Facts
Beds1Baths1Total Finished SqFt535 SqFtAbove Grade Finished SqFt535 SqFtStories1StyleCondominiumYear Built1969ZoningCV-10CountyHAWAIIAPN3-7-4-010-036-0075
Schools near 74-5618 Palani Road, Unit K4
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. 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 Coldwell Banker Island Properties - Hilo, Kevin Lewis, License #RB-18141