NOT LISTED FOR SALE

116 Malama Place Hilo, HI 96720

Estimated Value: $627,000 - $743,000

3 Beds
2 Baths
1,355 Sq Ft
$499/Sq Ft Est. Value

Sale Details

Date Sold: February 7, 2023

Last sale price $601,000 $444 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,770 / mo

5 Days on Market

About This Home

As of February 2023

Located on a quiet dead end road, this vacant parcel offers convenient location, over 16,500 SF of land, access to utilities and possible ocean views.

Last Agent to Sell the Property

Henry Correa III

Better Homes and Gardens Real Estate Hank Correa Realty Brokerage Phone: 8085572614 License #RB-22637 Listed on: 12/18/2022

Last Buyer's Agent

Non Participant

Non Participant Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $100

Year Built

  • Built in 2019

Lot Details

  • 0.37

Parking

  • Attached Garage

Home Design

  • 1,355 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Gas Water Heater
  • Septic Tank

Additional Features

  • Range
  • Property is zoned RS-10

Community Details

  • Ponahawai Homesteads Kaumana Subdivision

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 3250120050000

Home Details

Home Type

Single Family

Est. Annual Taxes

$100

Year Built

Built in 2019

Lot Details

0.37 Acres

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: PONAHAWAI HOMESTEADS - KAUMANA
  • Living Area: 1355.0
  • Property Attached Yn: No
  • Year Built: 2019
  • Tax Year: 2022
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • Land Tenure: Fee Simple
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_WaterHeater: Gas
  • HIS_WasherDryerType: Dryer, Washer
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Microwave Hood, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Full Bathrooms: 2

Exterior Features

  • Waterfront: No
  • Roads: Paved

Garage/Parking

  • Parking Features: Attached

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RS-10
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3250120050000

Tax Info

  • Tax Annual Amount: 100.0
  • Tax Lot: 23

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2022
Closed on
Jan 27, 2023
Sold by
Bought by
Seller's Agent
Henry Correa III
Better Homes and Gardens Real Estate Hank Correa Realty
Buyer's Agent
Non Participant
Non Participant Office
List Price
$549,000
Sold Price
$601,000
Premium/Discount to List
$52,000
9.47%
Current Estimated Value
$653,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,136
Avg. Annual Appreciation
3.49%
Original Mortgage
$420,700
Interest Rate
0.0627%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2018
Sold by
Bought by

Purchase Details

Listed on
Jan 26, 2017
Closed on
Sep 12, 2017
Sold by
Bought by
Seller's Agent
Glenn Takase
Coldwell Banker Island Properties - Hilo
Buyer's Agent
Hank Correa
Better Homes and Gardens Real Estate Hank Correa Realty
List Price
$150,000
Sold Price
$130,000
Premium/Discount to List
-$20,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.56%

Purchase Details

Closed on
Oct 30, 2009
Sold by
Bought by

Purchase Details

Closed on
Mar 18, 2009
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Title Guaranty & Escrow Servic
-- None Available
$130,000 Fam
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $420,700
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/29/2024 11/29/24 Off Market $130,000 -- --
10/02/2024 10/02/24 Off Market $601,000 -- --
02/07/2023 02/07/23 Sold $601,000 +9.5% $444 / Sq Ft
12/23/2022 12/23/22 Pending -- -- --
12/18/2022 12/18/22 For Sale $549,000 +322.3% $405 / Sq Ft
12/18/2017 12/18/17 Off Market $130,000 -- --
09/18/2017 09/18/17 Sold $130,000 -13.3% -- View Prior Sale
08/08/2017 08/08/17 Pending -- -- --
01/26/2017 01/26/17 For Sale $150,000 -- --
Source: Hawaii Information Service (MLS Hawaii)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,905 $647,500 $200,300 $447,200
2025 $2,905 $638,200 $200,300 $437,900
2024 $2,794 $619,600 $200,400 $419,200
2023 $100 $572,100 $182,200 $389,900
2022 $100 $565,100 $175,200 $389,900
2021 $100 $497,800 $163,200 $334,600
2020 $1,812 $474,700 $146,700 $328,000
2019 $1,578 $142,200 $142,200 $0
2018 $1,495 $134,700 $134,700 $0
2017 $1,395 $125,700 $125,700 $0
2016 $1,075 $107,000 $107,000 $0
2015 -- $99,500 $99,500 $0
2014 -- $99,500 $99,500 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2023

    Henry Correa III

    Better Homes and Gardens Real Estate Hank Correa Realty

    (808) 557-2614

    127 Total Sales

    Henry Correa III
    Section Image

  • N

    Buyer's Agent in 2023

    Non Participant

    Non Participant Office

  • Glenn Takase

    Seller's Agent in 2017

    Glenn Takase

    Coldwell Banker Island Properties - Hilo

    (808) 936-0692

    148 Total Sales

    Glenn Takase
    Section Image

  • H

    Buyer's Agent in 2017

    Hank Correa

    Better Homes and Gardens Real Estate Hank Correa Realty

    (877) 500-4265

    102 Total Sales

    Hank Correa
    Section Image
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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 666957

Hawaii Information Service (MLS Hawaii)

APN: 3-2-5-012-005-0000

Hawaii Hawaii County Hilo 96720

116 Malama Place, Hilo, HI

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Hawaii Information Service (MLS Hawaii) Copyright 2026 MLS Hawaii, Inc. All rights reserved.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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