NOT LISTED FOR SALE

1201 Kinoole St Hilo, HI 96720

Estimated Value: $586,526 - $770,000

5 Beds
2 Baths
1,908 Sq Ft
$348/Sq Ft Est. Value

Last Sold August 05, 2016

Last sale price $335,000 $176 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $3,987/month

63 Days on Market

Highlights

  • Wood Flooring
  • Stone Wall
  • Grass Covered Lot
  • 2 Car Attached Garage
  • Gentle Sloping Lot

About This Home

As of August 2016

Excellent Opportunity in the Heart of Downtown Hilo- Great Urban Live/Work option or .....Rental property! Located just 2 blocks from UH and within walking distance to downtown, schools, restaurants, parks and the ocean- this property is located right off Kinoole between Kamana and Lanihuli Street. If you are considering the home/ work option, you can enjoy living upstairs in the 3 bedrooms, full bath and open kitchen and living room ....... while using downstairs for office, hobby or other work space. There are 2 bedrooms, another full bathroom and laundry area. There are even 2 additional rooms downstairs ( fully finished with exception of the ceiling) for added storage or work space plus the enclosed 2 car garage. If you are looking for a rental property- Look no further! This property offers FABULOUS rental potential with 5 bedrooms, lots of parking and the location being so close to UH. Or, perhaps you are looking for longer term INVESTMENT VALUE... consider the potential to rezone this property for commercial use. This property is designated for commercial development in the General Plan with immediate surrounding neighbors already zoned commercial. The location is extremely central with great visibility and accessibility off Kinoole. Downstairs is already ground level with easy access making for a sensible commercial conversion. You could even enclose the garage for added space downstairs. There is also lots of parking on the lot with extra area in the back for more. The back yard is currently fully fenced. The home was renovated in recent past with fresh paint, newer fixtures and beautiful hardwood floors throughout upstairs. Previous copy of survey available. Home will be tented in April 2016- warranty can be transferred to new owner. Seller may consider selling 1205 Kinoole together with this property if buyer is interested :2 houses and 20,399 sf of land area.Listor is Owner( managing member for LLC), of subject property.

Last Buyer's Agent

Mary Begier

Mary Begier Realty License #RB-14405

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,763

Year Built

  • Built in 1965

Lot Details

  • Property fronts a county road
  • Stone Wall
  • Chain Link Fence
  • Gentle Sloping Lot
  • Cleared Lot
  • Rocky Terrain
  • Grass Covered Lot
  • Property is zoned RS-10

Parking

  • 2 Car Attached Garage

Home Design

  • Tile

Interior Spaces

  • 1,908 Sq Ft Home
  • 2-Story Property
  • Blinds

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling
  • No Heating
  • Cesspool
  • Private Sewer
  • Phone Available
  • Cable TV Available

Community Details

  • Waiakea House Lots 2Nd Series Subdivision

Listing and Financial Details

  • Tax Lot 12-A
  • Assessor Parcel Number 3220220090000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,763

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Chain Link, Stone
  • ResoLotFeatures: Cleared, Grassy, Rocky
  • Road Frontage Type: HIS Road/Street
  • ResoSecurityFeatures: None
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: WAIAKEA HOUSE LOTS 2ND SERIES
  • Unit Levels: Two
  • Living Area: 1908.0
  • Property Attached Yn: No
  • Reso Window Features: Blinds
  • Year Built: 1965
  • Tax Year: 2015
  • HIS_PoolYN: No
  • Unit Description: Multi-Story, Single Family Home
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Private Contractor
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Refrigerator, Washer
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Flooring: Concrete, Hardwood
  • Stories: 2
  • Design: Hollow Tile, Single Wall

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Covered

Utilities

  • Cooling: None
  • Heating: None
  • 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-10
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3220220090000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1763.0
  • Tax Lot: 12-A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2016
Closed on
Jul 28, 2016
Sold by
Makaweo Hawaii Llc
Bought by
Voit Ronald and Watts Voit Sheila S
Buyer's Agent
Mary Begier
Mary Begier Realty
List Price
$369,000
Sold Price
$335,000
Premium/Discount to List
-$34,000
-9.21%
Current Estimated Value
$663,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,632
Avg. Annual Appreciation
7.59%
Original Mortgage
$268,000
Outstanding Balance
$214,383
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$449,249

Purchase Details

Closed on
Jan 7, 2011
Sold by
Makaweo Christine M
Bought by
Makaweo Hawaii Llc

Purchase Details

Closed on
Aug 26, 2010
Sold by
Makaweo Hawaii Llc
Bought by
Makaweo Christine M

Purchase Details

Closed on
Jun 26, 2008
Sold by
Makaweo Christine M
Bought by
Makaweo 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
$155,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 2008
Sold by
Makaweo Hawaii Llc
Bought by
Makaweo Christine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 2007
Sold by
Makaweo Christine M
Bought by
Makaweo 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
$200,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 2007
Sold by
Mukai Tsukasa
Bought by
Makaweo Christine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Voit Ronald $335,000 Tg
Makaweo Hawaii Llc $1,001 Accommodation
Makaweo Christine M $1,000 Tg
Makaweo Hawaii Llc $1,000 Tg
Makaweo Christine M $1,000 Tg
Makaweo Hawaii Llc $1,000 Accommodation
Makaweo Christine M $420,000 Security Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Voit Ronald $268,000
Previous Owner Makaweo Christine M $155,000
Previous Owner Makaweo Christine M $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2016 11/04/16 Off Market $335,000 -- --
08/05/2016 08/05/16 Sold $335,000 -9.2% $176 / Sq Ft
06/13/2016 06/13/16 Pending -- -- --
04/11/2016 04/11/16 For Sale $369,000 -- $193 / 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 $6,079 $624,800 $226,400 $398,400
2024 $6,079 $547,700 $167,800 $379,900
2023 $6,093 $548,900 $195,600 $353,300
2022 $6,093 $548,900 $195,600 $353,300
2021 $4,755 $428,400 $132,400 $296,000
2020 $4,691 $422,600 $132,400 $290,200
2019 $4,291 $386,600 $110,300 $276,300
2018 $3,782 $340,700 $100,300 $240,400
2017 $3,706 $333,900 $99,300 $234,600
2016 $1,663 $165,500 $90,300 $75,200
2015 -- $175,500 $107,300 $68,200
2014 -- $165,600 $98,300 $67,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 294734

Hawaii Information Service (MLS Hawaii)

APN: 3-2-2-022-009-0000