$640,000
$650,000
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560 SqFt
SOLD DATE : 03/09/2023
Key Details
Sold Price $640,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 560 sqft
Price per Sqft $1,142
Subdivision Kona Paradise
MLS Listing ID 665676
Sold Date 03/09/23
HOA Fees $37/mo
HOA Y/N Yes
Annual Tax Amount $1,603
Tax Year 2022
Property Sub-Type Single Family Residence
Source Hawaii Information Service
Land Area 15619
Property Description
Seller has owner builder permit and is getting a new updated permit to transfer to new buyer. Seller has filed for an exemption from the contractors licensing board for an exception to sell because of illness in the family and he can't travel to Kona anymore to finish the house. Seller has received from the licensing board that he can proceed to sell legally. Plans are at the house , scaffolding is up to finish. Bring your finish tools or have a licensed contractor take over. Estimated cost to finish this 3 bedroom 3 bath with laundry room upstairs with extra room downstairs for a work out room, guest room or game room is between $200,000 to $250,000. Make this home the way you want it with the existing foot print that is there. Finished value is estimated at about $1,000,000 or more depending on how you finish it. Unblockable views over looking 75 acres of vacant land next door. The South Park consisting of 3 acres is below. No power lines in front and super private. This can be a great opportunity for the right person that has a vision and some money. 2 new steel water catchment tanks lined and covered under the house. Steel construction with concrete blocks. No termites. Great layout with primary suite on the north side and 2 bedrooms and a bath on the south side. A big game room/workout or guest room and bath/ next to the over sized garage. Such a cool vision that needs to be finished.. Cash or creative financing only. All plans and permits will transfer to new owner at closing.
Location
State HI
Community Kona Paradise
Area Hi
Zoning A-5A
Region South Kona
City Region South Kona
Exterior
Utilities Available Cable Available, Electricity Available, Phone Available
View Y/N Yes
Water Access Desc Catchment
View HIS Sunset, Mountain(s), Ocean, Ocean Horizon
Topography Fairly Level,Graded
Garage No
Private Pool No
Building
Lot Description Dead End, Grassy
Sewer Cesspool
Others
Ownership Full
Monthly Total Fees $37
Acceptable Financing 1031 Exchange, Cash, Conventional, HIS Construction Loan, HIS Purchase Money Mortgage
Listing Terms 1031 Exchange, Cash, Conventional, HIS Construction Loan, HIS Purchase Money Mortgage
Special Listing Condition Fee Simple, Standard
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Penn Henderson
HAWAII REALTOR® | License ID: RS-83962
HAWAII REALTOR® License ID: RS-83962