NOT LISTED FOR SALE

117 Punahoa St Hilo, HI 96720

Estimated Value: $245,508

0.16 Acre
$1,534,425 Price per Acre
6,970 Sq Ft Lot

Last Sold February 12, 2018

Last sale price $135,000

Est. 82% increase in value since last sale

Current estimated payment $1,453/month

184 Days on Market

Highlights

  • Ocean View
  • Grass Covered Lot
  • 3-minute walk to Ruth E Oda Playground
  • Corner Lot

About This Lot

As of February 2018

Adjacent to Hilo's most popular destination - the Farmer's Market - is a vacant lot ready for development. Included in the sale are fully stamped and permitted building plans for a 4500+ square foot office building.
This building was designed as a medical office, but could easily be adapted. It has central air conditioning, and off-street parking. An environmental assessment has been done on the property and the proposed building plans have SMA approval.
Take advantage of high foot traffic. Build your business in this prime commercial spot. In addition to the excellent location a building could have spectacular ocean and mountain views. Property is located in a tsunami zone but has approved and permitted office building plans included in the sale. Sewer line easement through property.

Last Agent to Sell the Property

Kelly Moran

Hilo Brokers Ltd Brokerage Phone: 8089385757 License #RB-14603 Listed on: 05/31/2017

Co-Listed By

Kona Moran

Hilo Brokers Ltd Brokerage Phone: 8089385757 License #RB-22314

Last Buyer's Agent

Donald McKinnon

Hinano Island Realty LLC License #RB-22528

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,172

Lot Details

  • Property fronts a county road
  • Corner Lot
  • Level Lot
  • Grass Covered Lot
  • Property is zoned CDH

Property Views

  • Ocean
  • Mountain

Utilities

  • Sewer Not Available
  • Private Sewer
  • Internet Available
  • Phone Available

Community Details

  • Hilo Town Subdivision

Listing and Financial Details

  • Tax Lot 22-B
  • Assessor Parcel Number 3230090270000

Property Details

Property Type

Land

Est. Annual Taxes

$1,172

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Business Type: Other
  • ResoLotFeatures: Corner Lot, Grassy
  • Road Frontage Type: Road/Street
  • Co List Office Mls Id: 2242
  • Co List Office Phone: 8089699400
  • Attribution Contact: 8089385757
  • Co List Office Phone: 8089699400
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: HILO TOWN
  • Tax Year: 2015
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Private Contractor
  • HIS_InternetAccess: Wireless
  • HIS_Easement: Sewer
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Topography: Fairly Level
  • View: Mountain(s), Ocean
  • Waterfront: No
  • Roads: County, Paved

Utilities

  • Utilities: Electricity Available, Phone Available, Sewer Not Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: CDH
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3230090270000

Tax Info

  • Tax Annual Amount: 1172.0
  • Tax Lot: 22-B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2021
Sold by
Hamano Paul K
Bought by
Hmp Inc
Current Estimated Value
$245,508

Purchase Details

Closed on
Jun 19, 2020
Sold by
Nshe Hi Foxglove Llc
Bought by
American Capital Enterprises Starting In

Purchase Details

Listed on
May 31, 2017
Closed on
Feb 8, 2018
Sold by
2H Hawaii Llc
Bought by
Nshe Hi Foxglove Llc and Nshe Hi Thistle Llc
Seller's Agent
Kelly Moran
Hilo Brokers Ltd
Buyer's Agent
Donald McKinnon
Hinano Island Realty LLC
List Price
$159,900
Sold Price
$135,000
Premium/Discount to List
-$24,900
-15.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.10%

Purchase Details

Closed on
Feb 5, 2010
Sold by
Kay Gerard Gregory Michael and Kay Gerard Nancy
Bought by
2H Hawaii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 22, 2004
Sold by
Sacharov Maria Luisa
Bought by
Kay Gerard Gregory Michael and Kay Gerard Nancy

Purchase Details

Closed on
Apr 3, 2003
Sold by
Rankin Richard M
Bought by
Sacharov Maria Luisa

Purchase Details

Closed on
May 31, 1994
Sold by
Winniman James M
Bought by
Rankin Richard M
Source: Public Records

Range of Values:

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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
Hmp Inc $91,000 Tg
American Capital Enterprises Starting In $238,000 Accommodation
Nshe Hi Foxglove Llc $135,000 Tg
2H Hawaii Llc $250,000 Fam
Kay Gerard Gregory Michael $42,000 --
Sacharov Maria Luisa $35,000 --
Rankin Richard M $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 2H Hawaii Llc $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2024 11/29/24 Off Market $135,000 -- --
05/13/2018 05/13/18 Off Market $135,000 -- --
02/12/2018 02/12/18 Sold $135,000 -15.6% --
12/01/2017 12/01/17 Pending -- -- --
05/31/2017 05/31/17 For Sale $159,900 -- --
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 $1,865 $217,900 $217,900 --
2024 $1,865 $174,300 $174,300 --
2023 $1,776 $166,000 $166,000 $0
2022 $1,692 $158,100 $158,100 $0
2021 $1,538 $143,700 $143,700 $0
2020 $1,538 $143,700 $143,700 $0
2019 $1,465 $136,900 $136,900 $0
2018 $1,249 $116,700 $116,700 $0
2017 $1,249 $116,700 $116,700 $0
2016 $1,173 $116,700 $116,700 $0
2015 -- $116,700 $116,700 $0
2014 -- $116,700 $116,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 607502

Hawaii Information Service (MLS Hawaii)

APN: 3-2-3-009-027-0000