NOT LISTED FOR SALE

11-3812 2nd St Volcano, HI 96785

Estimated Value: $350,000 - $422,000

1 Bed
1 Bath
480 Sq Ft
$796/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $375,000 $781 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,193/month

59 Days on Market

Highlights

  • Forest View
  • Vaulted Ceiling
  • Interior Lot
  • Wooded Lot
  • 192 Car Attached Garage
  • Landscaped

About This Home

As of April 2024

"Second Street Serenity" is the perfect cottage for a short term vacation rental (STVR). This property is licensed for vacation rental with a permit just renewed in November for 2024. An opportunity like this doesn't come along often as new permits are not currently available in residential zoned areas.

The Sellers have made several nice additions and improvements to the property since their purchase in 2018. Of special note is the newly permitted covered deck added off the Living Area. This outdoor area greatly enhances the visitor experience allowing indoor/outdoor living with wide views to the forest. It also adds a spot for a future BBQ, hot tub, bird watching or just enjoying the peace and quiet of Volcano.

Everything has been carefully planned and executed to create a welcoming experience for the visitor. All the works been done and this charming property is waiting for the next owner to enjoy and realize their own investment dream. Sold "turnkey".

Located across the highway from Volcano Village amenities, i.e., restaurants, post office, art center, Farmers Markets and more. Also just a few miles from a major visitor attraction for the State of Hawaii, Hawaii Volcanoes National Park. Join those who wouldn't live anywhere else.

Last Agent to Sell the Property

Pat Halpern

Aloha Sotheby's Intl Realty - Hawai'i Brokerage Phone: 8088952283 License #RB-16144 Listed on: 01/29/2024

Last Buyer's Agent

Beverly Crudele

Aloha Sotheby's Intl Realty - Hawai'i License #RS-69782

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,888

Year Built

  • Built in 2016

Lot Details

  • Lot Dimensions are 200 x 100
  • Property fronts a private road
  • Landscaped
  • Interior Lot
  • Lot Has A Rolling Slope
  • Rocky Terrain
  • Wooded Lot
  • Property is zoned RS-20

Parking

  • 192 Car Attached Garage
  • 1 Carport Space

Home Design

  • Double Stud Wall

Interior Spaces

  • 480 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Blinds
  • Vinyl Flooring
  • Forest Views
  • Fire and Smoke Detector
  • Stacked Washer and Dryer

Kitchen

  • Range
  • Built-In Microwave
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Cistern
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • Mauna Loa Estates Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 192
  • Assessor Parcel Number 3110070940000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,888

Year Built

Built in 2016

Lot Details

0

Parking

192

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • ResoLotFeatures: Interior Lot, Landscaped, Rocky, Wooded
  • Road Frontage Type: HIS Road/Street
  • ResoSecurityFeatures: Smoke Detector(s)
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: MAUNA LOA ESTATES
  • Elevation: 3500
  • Carport Spaces: 1.0
  • Reso Interior Features: Vaulted Ceilings
  • Unit Levels: One
  • Living Area: 480.0
  • Property Attached Yn: No
  • Reso Window Features: Blinds
  • Year Built: 2016
  • Tax Year: 2023
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable
  • HIS_Easement: None
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dryer, HIS Microwave Hood, Range, Refrigerator, Washer, Washer/Dryer Stacked
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Flooring: Vinyl
  • Stories: 1
  • Design: Double Wall

Exterior Features

  • Topography: Rolling Terrain
  • View: Forest
  • Waterfront: No
  • Exterior Features: Lightning
  • Roads: Paved, Private

Garage/Parking

  • Garage Spaces: 192.0
  • Parking Features: Attached

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Phone Available
  • Water Source: Cistern

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RS-20
  • Lot Dimensions: 200 x 100
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3110070940000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1888.11
  • Tax Lot: 192

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2024
Closed on
Apr 19, 2024
Sold by
Doner Steven Michael and Doner Nicole Ann
Bought by
Elena L Bryant Trust and Bryant
Seller's Agent
Pat Halpern
Aloha Sotheby's Intl Realty - Hawai'i
Buyer's Agent
Beverly Crudele
Aloha Sotheby's Intl Realty - Hawai'i
List Price
$375,000
Sold Price
$375,000
Views
33
Current Estimated Value
$382,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,178
Avg. Annual Appreciation
1.18%
Original Mortgage
$337,000
Outstanding Balance
$331,829
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$50,349

Purchase Details

Listed on
Mar 21, 2018
Closed on
May 16, 2018
Sold by
Banks Paul Irving
Bought by
Doner Steven Micheal and Doner Nicole Ann
Buyer's Agent
Julie Cox
Nathalie Mullinix Realty Universal, Inc.
List Price
$180,000
Sold Price
$173,500
Premium/Discount to List
-$6,500
-3.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.83%
Original Mortgage
$138,800
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2015
Sold by
Livi Timbol Hannah Sangkula
Bought by
Banks Paul Irving

Purchase Details

Closed on
Jan 30, 2006
Sold by
Livi Timbol Hannah S
Bought by
Timbol Hannah S and Amadeo S Timbol Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Elena L Bryant Trust -- Tge
Doner Steven Micheal $173,500 Tg
Banks Paul Irving $21,000 Tg
Timbol Hannah S -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elena L Bryant Trust $337,000
Previous Owner Doner Steven Micheal $138,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2024 04/30/24 Sold $375,000 0.0% $781 / Sq Ft
04/28/2024 04/28/24 Off Market $375,000 -- --
04/13/2024 04/13/24 For Sale $375,000 0.0% $781 / Sq Ft
04/07/2024 04/07/24 Off Market $375,000 -- --
03/18/2024 03/18/24 For Sale $375,000 0.0% $781 / Sq Ft
01/15/2024 01/15/24 For Sale $375,000 +116.1% $781 / Sq Ft
05/21/2018 05/21/18 Sold $173,500 -3.6% $361 / Sq Ft View Prior Sale
03/21/2018 03/21/18 Pending -- -- --
03/21/2018 03/21/18 For Sale $180,000 -- $375 / 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 $2,187 $209,600 $56,000 $153,600
2024 $2,187 $197,000 $53,000 $144,000
2023 $1,888 $170,100 $53,000 $117,100
2022 $1,722 $155,100 $38,000 $117,100
2021 $1,423 $128,200 $28,000 $100,200
2020 $1,396 $125,800 $27,600 $98,200
2019 $1,322 $119,100 $32,000 $87,100
2018 $1,278 $115,100 $28,000 $87,100
2017 $321 $29,000 $29,000 $0
2016 $251 $25,000 $25,000 $0
2015 -- $18,900 $18,900 $0
2014 -- $23,500 $23,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 707134

Hawaii Information Service (MLS Hawaii)

APN: 3-1-1-007-094-0000