NOT LISTED FOR SALE

102 Palani St Hilo, HI 96720

Estimated Value: $637,000 - $786,000

3 Beds
2 Baths
1,416 Sq Ft
$488/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $550,000 $388 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,237/month

5 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Air Conditioning
  • Ernest Bowen de Silva Elementary School Rated A-
  • High Ceiling
  • Stone Wall

About This Home

As of April 2021

Truly a gem, this Kama'aina home is located in a highly desirable neighborhood within Ainako Terrace and in the award winning, E.B. De Silva school district. This home has been lovingly maintained over the years and has only had two owners. A great deal of the original charm has been kept & Some of the highlights include:

*Panoramic ocean views from the dining room, living room, master bedroom and lanai.
*Home is East facing providing gorgeous sunrises over the ocean & incredible viewing of fireworks on NYE.
*Large lot that is fully landscaped & partially fenced with a rock wall at the base which was meticulously built & cost over $15K.
*Incredible views of Mauna Kea from various rooms in the home, the back lanai and North West facing sides of the yard.
*18 solar panels owned outright which cost upwards of $20K and make the electric bill very minimal.
*Additional lanai space added in front of living room and in front of the master bedroom to capture even more ocean views & sunrises.
*Lovely fairy trail through ginger, anthuriums, hapu'u ferns, monstera, tangerine and a a mature coffee bean tree.
*Hundreds of orchid species placed throughout the front and back yard, a lovely sight to see during the Spring season.
*Bonus room added to the side of the home which can be used as an extra bedroom, playroom, music room, yoga studio etc.
*Beautiful Stepping stones made from beach glass & shells from the Big Island and Indonesia.
*Ample space under the home with lots of overhead space, perfect for a workshop or storage.
*Exterior of home was professionally painted in February of 2021.

This super special home is one you won't want to miss!

Last Listed By

Pumehana-Sophia Li

Brokerage Phone: 8083513232 License #RS-73752 Listed on: 03/13/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,853

Year Built

  • Built in 1949

Lot Details

  • Property fronts a county road
  • Stone Wall
  • Chain Link Fence
  • Level Lot
  • Grass Covered Lot
  • Property is zoned RS-10

Parking

  • 2 Carport Spaces

Property Views

  • Ocean
  • Coastline
  • Mountain
  • Forest
  • Garden

Interior Spaces

  • 1,416 Sq Ft Home
  • High Ceiling
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Air Conditioning
  • Cooling System Mounted To A Wall/Window
  • Cesspool
  • Private Sewer
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • Ainako Subdivision

Listing and Financial Details

  • Legal Lot and Block 12 / 5
  • Assessor Parcel Number 3250190200000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,853

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Chain Link, Stone
  • ResoLotFeatures: Grassy
  • Road Frontage Type: HIS Road/Street
  • ResoSecurityFeatures: CO2 Detection, Smoke Detector(s)
  • Attribution Contact: 8083513232
  • Co List Office Phone: 8085892040
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: AINAKO SUBDIVISION
  • Carport Spaces: 2.0
  • Reso Interior Features: High Ceilings
  • Living Area: 1416.0
  • Property Attached Yn: No
  • Year Built: 1949
  • Tax Year: 2020
  • HIS_PoolYN: No
  • Unit Description: Single Family Home
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_OtherBuildingArea: 336
  • HIS_SolidWasteDisposal: Private Contractor
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable, Wireless
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Flooring: Hardwood
  • Total Bathrooms: 2
  • Design: Single Wall

Exterior Features

  • Topography: Fairly Level,Gentle Slope
  • View: Forest, Garden, HIS Coastline, HIS Sunrise, Mountain(s), Ocean
  • Waterfront: No
  • Roads: County, Paved

Garage/Parking

  • Parking Features: Covered

Utilities

  • Cooling: HIS Air Conditioning, Wall/Window Unit(s)
  • Sewer: Cesspool
  • Utilities: Cable Available, Electricity Available, Phone Available

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RS-10
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3250190200000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2853.0
  • Tax Block: 5
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2021
Closed on
Apr 22, 2021
Sold by
Escobar Adam N and Escobar Michelle L
Bought by
Wing Marie Jennifer
Seller's Agent
Pumehana-Sophia Li
List Price
$525,000
Sold Price
$550,000
Premium/Discount to List
$25,000
4.76%
Total Days on Market
5
Current Estimated Value
$690,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,645
Avg. Annual Appreciation
5.75%
Original Mortgage
$440,000
Outstanding Balance
$401,544
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$289,101

Purchase Details

Closed on
Feb 27, 2001
Sold by
Kushi Lynne K
Bought by
Escobar Adam N and Escobar Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,850
Interest Rate
6.98%

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wing Marie Jennifer $550,000 Tg
Escobar Adam N $123,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wing Marie Jennifer $440,000
Previous Owner Escobar Adam N $180,300
Previous Owner Escobar Adam N $185,500
Previous Owner Escobar Adam N $116,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $550,000 +4.8% $388 / Sq Ft
03/18/2021 03/18/21 Pending -- -- --
03/13/2021 03/13/21 For Sale $525,000 -- $371 / Sq Ft
Source: Hawaii Information Service (MLS Hawaii)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,454 $428,900 $211,300 $217,600
2024 $4,454 $401,300 $192,400 $208,900
2023 $3,565 $321,200 $174,900 $146,300
2022 $3,484 $313,900 $167,600 $146,300
2021 $3,118 $280,900 $155,600 $125,300
2020 $2,854 $257,100 $139,100 $118,000
2019 $2,933 $264,200 $137,600 $126,600
2018 $2,737 $246,600 $130,100 $116,500
2017 $383 $127,800 $56,600 $71,200
2016 $365 $124,100 $56,600 $67,500
2015 $254 $120,500 $56,600 $63,900
2014 $254 $117,000 $56,600 $60,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 647936

Hawaii Information Service (MLS Hawaii)

APN: 3-2-5-019-020-0000