NOT LISTED FOR SALE

116 Hoomalu St Hilo, HI 96720

Estimated Value: $615,394 - $804,000

5 Beds
2 Baths
1,872 Sq Ft
$379/Sq Ft Est. Value

Last Sold July 08, 2016

Last sale price $360,000 $192 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $4,223/month

102 Days on Market

Highlights

  • Ocean View
  • Corner Lot
  • Carpet
  • Waiakea High School Rated A
  • Attached Garage

About This Home

As of July 2016

Enjoy stunning ocean and mountain views from the living room and dining room of this spacious family home. With five bedrooms and a lovely Japanese tatami room, you'll have rooms to spare! The tatami room is on the end of the house and a sliding door was added so that you can step out onto a covered lanai and enjoy a Japanese garden view. The carport is also very spacious with 520sf of useable space. Check out the attached video!

Other fine features:
* $3000 credit to buyer for new flooring
* The carport is 520sf with built-in storage areas.
* An approved permit to build a OHANA house on property. Use plan provided or make your own plans, Permit is still useable according to Planning Dept. and won't expire unless voided by present owners or new owners.
* Large corner yard, almost 15,000sf
* Newer roof, replaced in 2006
* Home exterior re-painted in 2014
* Kitchen counter tops redone in 2014
* Furniture included and even kitchenware so move in ready!
* Several unique garden areas on the property
* Many varieties of fruit & flowering trees in the yard
* Hoomalu Street and Place are a culdesac area with low traffic & noise
Don't forget to look at the attached video that shows a complete tour of this great family home!

Last Buyer's Agent

Raleigh Luitjens

Hawaii Life License #RS-64376

Hawaii Life

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $466

Year Built

  • Built in 1983

Lot Details

  • Property fronts a county road
  • Corner Lot
  • Level Lot
  • Property is zoned A-1A

Parking

  • Attached Garage

Interior Spaces

  • 1,872 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Ocean Views
  • Range with Range Hood

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cesspool
  • Phone Available
  • Cable TV Available

Community Details

  • Hoomalu Street Subdivision

Listing and Financial Details

  • Tax Lot 59
  • Assessor Parcel Number 3240420600000

Home Details

Home Type

Single Family

Est. Annual Taxes

$466

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: None
  • ResoLotFeatures: Corner Lot
  • Attribution Contact: 8089896633
  • Co List Office Phone: 8089826630
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: HOOMALU STREET SUBDIVISION
  • Unit Levels: Two
  • Living Area: 1872.0
  • Property Attached Yn: No
  • Reso Window Features: Blinds
  • Year Built: 1983
  • Tax Year: 2015
  • HIS_PoolYN: No
  • Unit Description: Single Family Home
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable
  • HIS_Easement: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Range, Range Hood, Refrigerator, Washer
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 2
  • Design: Single Wall/Dbl Board

Exterior Features

  • Topography: Fairly Level
  • View: HIS Sunset, Ocean Horizon, Other
  • Waterfront: No
  • Roads: County, Paved

Garage/Parking

  • Parking Features: Attached

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: A-1A
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3240420600000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 466.0
  • Tax Lot: 59

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2016
Closed on
Jun 29, 2016
Sold by
Iwase Yukihiro and Iwase Katsuyo
Bought by
Lee Jamie C
Buyer's Agent
Raleigh Luitjens
Hawaii Life
List Price
$370,000
Sold Price
$360,000
Premium/Discount to List
-$10,000
-2.7%
Current Estimated Value
$709,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,349
Avg. Annual Appreciation
7.62%
Original Mortgage
$367,740
Outstanding Balance
$294,134
Interest Rate
3.64%
Mortgage Type
VA
Estimated Equity
$415,215

Purchase Details

Closed on
Nov 23, 1998
Sold by
Nunes John and Nunes Ellen Lucy
Bought by
Iwase Yukihiro and Iwase Katsuyo
Source: Public Records

Range of Values:

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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
Lee Jamie C $360,000 Fam
Iwase Yukihiro $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Jamie C $367,740
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2016 10/07/16 Off Market $360,000 -- --
07/08/2016 07/08/16 Sold $360,000 -2.7% $192 / Sq Ft
05/06/2016 05/06/16 Pending -- -- --
01/25/2016 01/25/16 For Sale $370,000 -- $198 / 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 $5,540 $509,100 $224,200 $284,900
2024 $5,540 $499,100 $223,900 $275,200
2023 $5,100 $459,500 $203,500 $256,000
2022 $4,756 $428,500 $172,500 $256,000
2021 $4,175 $376,100 $159,000 $217,100
2020 $4,034 $363,400 $156,000 $207,400
2019 $3,935 $354,500 $153,000 $201,500
2018 $3,119 $333,600 $153,000 $180,600
2017 $2,980 $318,700 $142,500 $176,200
2016 $499 $226,500 $68,000 $158,500
2015 -- $219,900 $68,000 $151,900
2014 -- $213,500 $68,000 $145,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 292131

Hawaii Information Service (MLS Hawaii)

APN: 3-2-4-042-060-0000