NOT LISTED FOR SALE

1031 Laulima Way Hilo, HI 96720

Estimated Value: $508,000 - $614,000

3 Beds
2 Baths
1,472 Sq Ft
$387/Sq Ft Est. Value

Last Sold January 27, 2023

Last sale price $415,000 $282 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,601/month

155 Days on Market

Highlights

  • Cul-De-Sac
  • Attached Garage
  • Carpet
  • Waiakea High School Rated A
  • Gentle Sloping Lot
  • 1-Story Property

About This Home

As of January 2023

Comfortable three bedroom that needs some attention. Convenient location near university, medical, and astronomy center. Streets in subdivision designed with cul de sacs and green area around the backs. Association maintains green areas.

Last Listed By

Doris Smith

Smith Properties, Inc. Brokerage Phone: 8089378030 License #RB-7860 Listed on: 07/27/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $605

Year Built

  • Built in 1975

Lot Details

  • Property fronts a county road
  • Cul-De-Sac
  • Chain Link Fence
  • Gentle Sloping Lot
  • Property is zoned RS-15

HOA Fees

  • $19 Monthly HOA Fees

Home Design

  • Double Stud Wall

Interior Spaces

  • 1,472 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Attached Garage
  • 2 Carport Spaces

Utilities

  • No Cooling
  • No Heating
  • Underground Utilities
  • Cesspool
  • Phone Available

Community Details

  • Komohana Gardens Subdivison Subdivision

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 3240220500000

Home Details

Home Type

Single Family

Est. Annual Taxes

$605

Year Built

Built in 1975

Lot Details

0

HOA Fees

$19 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Chain Link
  • ResoLotFeatures: Cul-De-Sac
  • Road Frontage Type: HIS Road/Street
  • ResoSecurityFeatures: None
  • Attribution Contact: 8089378030
  • Co List Office Phone: 8089356653
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: KOMOHANA GARDENS SUBDIVISON
  • Carport Spaces: 2.0
  • Unit Levels: One
  • Living Area: 1472.0
  • Property Attached Yn: No
  • Year Built: 1975
  • Tax Year: 2022
  • HIS_PoolYN: No
  • Unit Description: Single Family Home
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: No
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Flooring: Carpet, Laminate
  • Stories: 1
  • Total Bathrooms: 2
  • Design: Double Wall

Exterior Features

  • Topography: Gentle Slope
  • Waterfront: No
  • Roads: County

Garage/Parking

  • Parking Features: Attached

Utilities

  • Cooling: Cash, None
  • Heating: None
  • Sewer: Cesspool
  • Utilities: Electricity Available, Phone Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 18.75
  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RS-15
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3240220500000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 605.0
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2022
Closed on
Jan 23, 2023
Sold by
Cascade Funding Mortgage Trust
Bought by
Hughes Family Trust
Seller's Agent
Doris Smith
Smith Properties, Inc.
Buyer's Agent
Mary Begier
Mary Begier Realty
List Price
$421,000
Sold Price
$415,000
Premium/Discount to List
-$6,000
-1.43%
Total Days on Market
155
Current Estimated Value
$568,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,952
Avg. Annual Appreciation
14.02%

Purchase Details

Closed on
Oct 25, 2022
Sold by
Mortgage Assets Management Series I Trus
Bought by
Wilm-Ington Savings Fund Society Fsb and Cascade Funding Mortgage Trust

Purchase Details

Closed on
Jul 15, 2022
Sold by
Margaret Fernandes
Bought by
Bank Of New York Mellon Trust and Mortgage Assets Management Series I Trust

Purchase Details

Closed on
Jul 13, 2022
Sold by
Shaunda Liu
Bought by
Mortgage Assets Management Series 1 Trust

Purchase Details

Closed on
Jan 30, 2007
Sold by
Fernandes Margaret and Sidman Michael R
Bought by
Fernandes Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$607,500
Interest Rate
5.95%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Oct 20, 2003
Sold by
Revoca Fernandes Margaret Jean
Bought by
Fernandes Margaret and Sidman Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,750
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2001
Sold by
Fernandes Margaret Jean
Bought by
Revoca Fernandes Margaret Jean and Margaret Jean Fernandes Revocable Living

Range of Values:

Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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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
Hughes Family Trust -- First American Title
Wilm-Ington Savings Fund Society Fsb -- --
Bank Of New York Mellon Trust -- Aldridge Pite Llp
Bank Of New York Mellon Trust -- Aldridge Pite Llp
Mortgage Assets Management Series 1 Trust -- Aldridge Pite Llp
Mortgage Assets Management Series 1 Trust -- Aldridge Pite Llp
Fernandes Margaret -- Accommodation
Fernandes Margaret -- --
Revoca Fernandes Margaret Jean -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fernandes Margaret $607,500
Previous Owner Fernandes Margaret $144,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2024 11/06/24 Off Market $415,000 -- --
01/27/2023 01/27/23 Sold $415,000 -1.4% $282 / Sq Ft
12/29/2022 12/29/22 Pending -- -- --
07/27/2022 07/27/22 For Sale $421,000 -- $286 / 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
2024 $4,957 $446,600 $203,700 $242,900
2023 $4,642 $418,200 $192,300 $225,900
2022 $606 $248,100 $79,000 $169,100
2021 $570 $240,900 $79,000 $161,900
2020 $536 $233,900 $79,000 $154,900
2019 $502 $227,100 $79,000 $148,100
2018 $470 $220,500 $79,000 $141,500
2017 $439 $214,100 $77,700 $136,400
2016 $408 $207,900 $77,700 $130,200
2015 $241 $201,800 $77,700 $124,100
2014 $241 $195,900 $77,700 $118,200
Source: Public Records

Agents Affiliated with this Home

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Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 664137

Hawaii Information Service (MLS Hawaii)

APN: 3-2-4-022-050-0000