NOT LISTED FOR SALE

125 E Palai St Hilo, HI 96720

Estimated Value: $533,000 - $812,828

3 Beds
1 Bath
1,356 Sq Ft
$511/Sq Ft Est. Value

Last Sold February 15, 2017

Last sale price $240,975 $178 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $4,590/month

119 Days on Market

Highlights

  • Attached Garage
  • Waiakea High School Rated A
  • Carpet

About This Home

As of February 2017

Investment opportunity! 6 acre parcel in Hilo zoned RS-10. There is a 3 br/1 bath home on property as well an unpermitted structure.

Property is occupied and occupants are not to be disturbed or contacted under any circumstances. Interior inspections are not available and property is being sold as is. Property is sold through auction. Please contact the listing agent for bidding instructions.

Last Agent to Sell the Property

Howard Meguro

Coldwell Banker Island Properties - Hilo Brokerage Phone: 8088962549 License #RB-22392 Listed on: 09/29/2016

Last Buyer's Agent

naomi watts

HomeSmart Island Homes License #RB-22200

HomeSmart Island Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,547

Year Built

  • Built in 1963

Lot Details

  • Property fronts a county road
  • Property is zoned RS-10

Parking

  • Attached Garage

Interior Spaces

  • 1,356 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cesspool

Community Details

  • Waiakea Homestead Houselots Subdivision

Listing and Financial Details

  • Legal Lot and Block 16-A / 701
  • Assessor Parcel Number 3220450070000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,547

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Attribution Contact: 8088962549
  • Co List Office Phone: 8089350399
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: WAIAKEA HOMESTEAD HOUSELOTS
  • Living Area: 1356.0
  • Property Attached Yn: No
  • Year Built: 1963
  • Tax Year: 2016
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Flooring: Carpet
  • Total Bathrooms: 1

Exterior Features

  • Waterfront: No
  • Roads: County, Paved

Garage/Parking

  • Parking Features: Attached

Utilities

  • Cooling: Cash
  • Sewer: Cesspool
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RS-10
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3220450070000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3547.0
  • Tax Block: 701
  • Tax Lot: 16-A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2016
Closed on
Feb 8, 2017
Sold by
Wells Fargo Bank Na
Bought by
Landurka Llc
Seller's Agent
Howard Meguro
Coldwell Banker Island Properties - Hilo
Buyer's Agent
naomi watts
HomeSmart Island Homes
List Price
$359,000
Sold Price
$240,975
Premium/Discount to List
-$118,025
-32.88%
Total Days on Market
119
Current Estimated Value
$692,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$451,732
Avg. Annual Appreciation
12.81%

Purchase Details

Closed on
Aug 2, 2016
Sold by
Kubota Peter K
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Dec 21, 2004
Sold by
Ota Norman M and Ota Daryl M
Bought by
Chase Erwin F and Chase Kathleen E
Source: Public Records

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Range of Values:

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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
Landurka Llc $240,975 Fam
Wells Fargo Bank National Association $719,593 None Available
Chase Erwin F $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chase Erwin F $520,000
Previous Owner Chase Erwin F $238,142
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2017 02/15/17 Sold $240,975 -32.9% $178 / Sq Ft
01/26/2017 01/26/17 Pending -- -- --
09/29/2016 09/29/16 For Sale $359,000 -- $265 / 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 $8,642 $969,400 $632,200 $337,200
2024 $8,642 $778,600 $454,300 $324,300
2023 $7,944 $715,700 $414,100 $301,600
2022 $7,944 $715,700 $414,100 $301,600
2021 $6,654 $599,500 $334,300 $265,200
2020 $6,794 $612,100 $352,100 $260,000
2019 $4,163 $375,000 $121,000 $254,000
2018 $4,266 $384,300 $266,700 $117,600
2017 $4,239 $381,900 $266,700 $115,200
2016 $3,548 $353,000 $244,200 $108,800
2015 -- $346,400 $244,200 $102,200
2014 -- $237,600 $135,000 $102,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 600044

Hawaii Information Service (MLS Hawaii)

APN: 3-2-2-045-007-0000