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74-5022 Old Palani Road

74-5022 Old Palani Road, Kailua Kona, HI 96740
Property in Hawaii
Refi Sep 16, 2020
Transfer
$435,000 by First Hawaiian Bank
Mortgage Due Oct 01, 2050
Local assessors in Kailua Kona, HI have categorized 74-5022 Old Palani Road as a residential type of property. The home was built in 2007 and is 17 years old. The property's lot size has been calculated to be 88,296 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a contemporary style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 5 full bathrooms. There are also 5 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 74-5022 Old Palani Road has a total of 3,788 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 1,200 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 875 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a covered porch and a patio so you'll have great options in both the front and back of the home. In addition, there is a both a pool and a spa on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a hip style roof that was made of materials that we aren't sure of. Lots of materials we are unsure of were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $6,298 in taxes each year. 74-5022 Old Palani Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,204,000. If we break it down further, the land itself was valued at $220,900. Improvements to the property, however, were assessed at a total of $983,100. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 20
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Contemporary
  • Exterior Walls Type: Other
  • Interior Walls Type: Plaster
  • Roof Shape Type: Hip
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,200
  • Garage Type: Garage
  • Garage Square Area: 875
  • Parking Space Count: 3
  • Patio Type: Patio
  • Porch Type: Covered porch
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 88,296
  • Total Building Area: 3,788
  • Gross Building Area: 3,872
  • Building Area: 3,788
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 3,788
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KEALAKEHE HOMESTEADS
  • Land Acres: 2.027
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2.027 AC DES POR LPGR 3742 KEALAKEHE HOMESTEADS

Ownership

  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Hawaii Department of Education
  • Census Tract: 021605

Zoning

  • Zoning: 5E

Geography

  • Parcel: 3-7-4-004-041-0000
  • Lot: 12
  • Municipality: HAWAII
  • Latitude: 19.6748
  • Longitude: -155.977

    Address

  • Full Address: 74-5022 Old Palani Rd
  • Address - House Number: 74-5022
  • Address - Street Name: Old Palani
  • Address - Suffix Type: Rd
  • State: HI
  • City Name: Kailua Kona
  • Carrier Code: R012
  • 4-Digit Zip Code: 8126
  • Zip Code: 96740

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,298
  • Tax Rate Code Area: 3

    Appraisal Valuation

  • Standard Deviation: 0.1738
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 77
  • Final Value: 1,921,544
  • High Value: 2,255,630
  • Low Value: 1,587,459

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $435,000
  • First Open Lien Mortgage Lender: FIRST HAWAIIAN BANK
  • First Open Lien Mortgage Recording Date: Sep 16, 2020
  • First Open Lien Mortgage Loan Amount: $435,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2050

    Market Valuation

  • Market Total Value: $1,501,700
  • Market Land Value: $267,200
  • Market Improvement Value: $1,234,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,204,000
  • Assessed Land Value: $220,900
  • Assessed Improvements Value: $983,100

    Exemptions

  • Homeowner Exemption: Yes

About Kailua



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Frequently Asked Questions

What neighborhood is 74-5022 Old Palani Road located in?
The 74-5022 Old Palani Road is a located in the neighborhood of Hawaii in Kailua, Kailua Kona.
What is the average sales price for listings in 74-5022 Old Palani Road?
The average sales price for units in 74-5022 Old Palani Road is $0 currently.

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