NOT LISTED FOR SALE

114 Melani St Hilo, HI 96720

Estimated Value: $787,110 - $854,000

2 Beds
2 Baths
2,614 Sq Ft
$313/Sq Ft Est. Value

Last Sold March 21, 2016

Last sale price $451,777 $173 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $4,538/month

25 Days on Market

Highlights

  • Wood Flooring
  • Lanai
  • Wet Bar
  • Waiakea High School Rated A
  • Attached Garage
  • 1-Story Property

About This Home

As of March 2016

This is a must see! Here's your chance to own this beautiful property in a desirable Hilo neighborhood at an affordable price. Spacious, quality, well-built and well-maintained, beautiful, efficient and comfort are words that come to mind when you walk through the 2,614 sqft. main house originally designed by Johnson & Perkins Architects. Upgrades and the guest cottage followed with design done by local architect, the late Charles Aina. The value is also seen in the extra large 32,190 sqft. lot that's fully fenced, landscaped and well-maintained by the same person for 25 years now. The main house includes 2BR, 2BA (full), with a den leading to a sunken family room that can easily be converted to a 3rd bedroom. The kitchen includes an island, wet bar, lots of cabinets, compartments for tv and extra large microwave, cooktop, dishwasher, double door refrigerator. Other rooms include a sun room, dining room, den, sunken living room, utility/laundry room and work room. The living room opens up with full length sliding doors to a screened in lanai overlooking the beautiful landscaped yard. The sun room exits to a lava rock landing leading to the beautiful yard. The guest cottage is tucked away nicely in the backyard for privacy or it's perfect for housing weekend guests or visitors on vacation. There's so much more to say but you'll just have to see it.

Last Agent to Sell the Property

Candace Gray

CG Hawaii Realty Corp. Brokerage Phone: 8084434616 License #RB-21397 Listed on: 11/27/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,162

Year Built

  • Built in 1957

Lot Details

  • Lot Dimensions are 222 x 145
  • Property fronts a county road
  • Chain Link Fence
  • Landscaped
  • Gentle Sloping Lot
  • Cleared Lot
  • Grass Covered Lot
  • Property is zoned RS-15

Home Design

  • Double Stud Wall

Interior Spaces

  • 2,614 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Wood Burning Fireplace
  • Drapes & Rods

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • 2 Carport Spaces

Outdoor Features

  • Lanai

Utilities

  • Cesspool
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • Waiakea Homesteads 1St Series Subdivision

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 3240130220000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,162

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Chain Link
  • ResoLotFeatures: Cleared, Grassy, Landscaped
  • ResoSecurityFeatures: None
  • Attribution Contact: 8084434616
  • Co List Office Phone: 8083397019
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: WAIAKEA HOMESTEADS 1ST SERIES
  • Carport Spaces: 2.0
  • Reso Interior Features: Enclosed Lanai, Wet Bar
  • Unit Levels: One
  • Living Area: 2614.0
  • Property Attached Yn: Yes
  • Reso Window Features: Drapes
  • Year Built: 1957
  • Tax Year: 2015
  • HIS_PoolYN: No
  • Unit Description: Single Family Home
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_OtherBuildingArea: 411
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable, DSL
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Full Bathrooms: 2
  • Flooring: Ceramic Tile, Hardwood
  • Total Bathrooms: 2
  • Design: Double Wall

Exterior Features

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

Garage/Parking

  • Parking Features: Attached, Covered

Utilities

  • Sewer: Cesspool
  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RS-15
  • Lot Dimensions: 222 x 145
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3240130220000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4162.0
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2015
Closed on
Mar 15, 2016
Sold by
University Of Hawaii Foundation
Bought by
Rowe Duane Arthur
Seller's Agent
Candace Gray
CG Hawaii Realty Corp.
List Price
$460,000
Sold Price
$451,777
Premium/Discount to List
-$8,223
-1.79%
Current Estimated Value
$818,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,251
Avg. Annual Appreciation
6.43%
Original Mortgage
$348,000
Outstanding Balance
$276,080
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$541,948

Purchase Details

Closed on
Dec 13, 2013
Sold by
Nakamoto Roy K
Bought by
University Of Hawaii Foundation

Purchase Details

Closed on
Mar 12, 2007
Sold by
Ushuima Margaret S and Ushijima Margaret Shizue
Bought by
Revoc Ushijima Margaret Shizue and Margaret Shizue Ushijima Revocable Livin
Source: Public Records

Range of Values:

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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
Rowe Duane Arthur -- Fam
University Of Hawaii Foundation -- Accommodation
Revoc Ushijima Margaret Shizue -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rowe Duane Arthur $348,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2016 06/20/16 Off Market $451,777 -- --
03/21/2016 03/21/16 Sold $451,777 -1.8% $173 / Sq Ft
12/22/2015 12/22/15 Pending -- -- --
11/27/2015 11/27/15 For Sale $460,000 -- $176 / 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 $2,416 $572,800 $180,900 $391,900
2024 $2,416 $556,100 $180,900 $375,200
2023 $2,398 $539,900 $180,900 $359,000
2022 $2,486 $524,200 $180,900 $343,300
2021 $2,392 $508,900 $180,900 $328,000
2020 $2,301 $494,100 $180,900 $313,200
2019 $2,212 $479,700 $180,900 $298,800
2018 $2,126 $465,700 $180,900 $284,800
2017 $2,052 $453,700 $173,400 $280,300
2016 $4,601 $457,800 $165,900 $291,900
2015 $573 $414,200 $142,900 $271,300
2014 $573 $419,800 $142,900 $276,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 290039

Hawaii Information Service (MLS Hawaii)

APN: 3-2-4-013-022-0000