NOT LISTED FOR SALE

1194 Launa St Hilo, HI 96720

Estimated Value: $260,000 - $340,000

0.34 Acre
$896,079 Price per Acre
14,810 Sq Ft Lot

Last Sold December 20, 2023

Last sale price $250,000

Est. 22% increase in value since last sale

Current estimated payment $1,823/month

172 Days on Market

Highlights

  • Level Lot
  • Waiakea High School Rated A
  • Grass Covered Lot

About This Lot

As of December 2023

Hurry, this beautiful and highly desirable level lot located at 1194 Launa St. won’t last.
Save the cost of grubbing and landscaping, it’s already done for you. Seller even has mature fruit trees planted.The existing homes on Launa are beautiful and well maintained.
This prime Waiakea location offers easy access to shopping, dining, UH Hilo and Hilo Medical Center.

Last Agent to Sell the Property

Annette Aiona

Iokua Real Estate Brokerage Phone: 8088950075 License #RB-18343 Listed on: 02/20/2023

Last Buyer's Agent

Jelena Clay

eXp Realty License #RS-65579

eXp Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,914

Lot Details

  • Property fronts a county road
  • Level Lot
  • Grass Covered Lot
  • Property is zoned RS-15

Utilities

  • Sewer Not Available
  • Phone Available
  • Cable TV Available

Community Details

  • Kawailani Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3240620650000

Property Details

Property Type

Land

Est. Annual Taxes

$1,914

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub-Type: HIS Vacant Land
  • Reso Fencing: None
  • ResoLotFeatures: Grassy
  • Attribution Contact: 8088950075
  • Co List Office Phone: 8089347050
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: KAWAILANI PLACE
  • Tax Year: 2022
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: No
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Exterior Features

  • Topography: Fairly Level
  • Waterfront: No
  • Roads: County, Paved

Utilities

  • Cooling: Cash
  • Sewer: None
  • Utilities: Cable Available, Electricity Available, Phone Available

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RS-15
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3240620650000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1914.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2023
Closed on
Dec 11, 2023
Sold by
Alcosiba James and Alcosiba Shirley
Bought by
Clay Rachel Alice Nalani
Seller's Agent
Annette Aiona
Iokua Real Estate
Buyer's Agent
Jelena Clay
eXp Realty
List Price
$275,000
Sold Price
$250,000
Premium/Discount to List
-$25,000
-9.09%
Current Estimated Value
$304,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,667
Avg. Annual Appreciation
11.75%
Original Mortgage
$594,500
Interest Rate
7.5%
Mortgage Type
Construction
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
Clay Rachel Alice Nalani -- First American Title Of Hawaii
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Clay Rachel Alice Nalani $594,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2024 03/19/24 Off Market $250,000 -- --
12/20/2023 12/20/23 Sold $250,000 -9.1% --
08/11/2023 08/11/23 Pending -- -- --
02/20/2023 02/20/23 For Sale $275,000 -- --
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 $2,485 $246,000 $246,000 --
2024 $2,485 $223,900 $223,900 --
2023 $2,260 $203,600 $203,600 $0
2022 $1,915 $172,500 $172,500 $0
2021 $1,832 $165,000 $165,000 $0
2020 $1,732 $156,000 $156,000 $0
2019 $1,732 $156,000 $156,000 $0
2018 $1,732 $156,000 $156,000 $0
2017 $1,582 $142,500 $142,500 $0
2016 $1,357 $135,000 $135,000 $0
2015 -- $116,300 $116,300 $0
2014 -- $116,300 $116,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 668071

Hawaii Information Service (MLS Hawaii)

APN: 3-2-4-062-065-0000