NOT LISTED FOR SALE

1483 Wailuku Dr Hilo, HI 96720

Estimated Value: $1,039,000 - $1,152,000

3 Beds
2 Baths
2,452 Sq Ft
$446/Sq Ft Est. Value

Last Sold September 24, 2020

Last sale price $850,000 $347 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $5,788/month

145 Days on Market

Highlights

  • Ocean View
  • High Ceiling
  • Gentle Sloping Lot
  • Wood Flooring
  • Stone Wall
  • Grass Covered Lot

About This Home

As of September 2020

Elegant Vladimir Ossipoff designed home is beautifully landscaped. Double wall construction of redwood in an era when an inch was an inch. Charm of freshly painted exterior maintained intact with clever upgrades made to interior. All this work was done with building permits! Integrity through and through. Authentic limed mahogany veneer in living room welcomes many lifestyles. A wood burning fireplace graces this large room with 12’ ceilings and windows all around. Redwood saved from the remodel has been milled for like-kind finish pieces in the remodeled areas of this incredible property. This home has been owned by same family for 70+ years.

The master suite opens onto a private deck. Master has double closets with Panasonic quiet exhaust fans and a private study or yoga room or nursery, your pleasure. 2nd bedroom currently being used as an office has a cheery skylight by Velux. Wood floors throughout main level. Huge bath hosts a walk-in shower with dual shower heads and marvelous soaking tub offers a view of garden outside.

Video geeks or work from home with lightning speed...CAT 6 centralized ethernet connectivity throughout. Home is equipped with centralized coax cable for TV and telephone wiring as well. 100% LED lighting. 16 panel net metered PV system. Yes, fully owned! You can monitor remotely via Enphase system, usually typical peak output is 4 KW. Can’t wait for you to see “command central”. Be sure your agent points it out to you.

The 3rd bdrm and brand new bath gracing lower level by interior stairs or outside entry along with a generous TV room, office, work space with tons of storage. Ceramic tile floors and shower surround are custom crafted . This space of many options opens onto the zen meditation garden. More storage available via the pull down stairs to attic. Like many homes of this vintage there are endless options under the house. Sale includes neighboring 19000 sq.ft. parcel.

Last Agent to Sell the Property

Mary Begier

Mary Begier Realty Brokerage Phone: 8083485831 License #RB-14405 Listed on: 02/08/2020

Last Buyer's Agent

Megumi Nagaya

Coldwell Banker Island Properties - Kamuela License #RS-74662

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $923

Year Built

  • Built in 1931 | Remodeled

Lot Details

  • Lot Dimensions are 190 x 100
  • Property fronts a county road
  • Stone Wall
  • Gentle Sloping Lot
  • Cleared Lot
  • Grass Covered Lot
  • Property is zoned RS-15

Parking

  • Unassigned Parking

Home Design

  • Double Stud Wall

Interior Spaces

  • 2,452 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Wood Burning Fireplace
  • Blinds
  • Ocean Views

Kitchen

  • Range
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cesspool
  • Phone Available
  • Cable TV Available

Community Details

  • Piihonua Houselots 2Nd Series Subdivision

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 3230280510000

Home Details

Home Type

Single Family

Est. Annual Taxes

$923

Year Built

Built in 1931 | Remodeled

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Stone
  • ResoLotFeatures: Cleared, Grassy
  • Road Frontage Type: HIS Road/Street
  • Attribution Contact: 8083485831
  • Co List Office Phone: 8089350737
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: PIIHONUA HOUSELOTS - 2ND SERIES
  • Reso Interior Features: High Ceilings
  • Unit Levels: Two
  • Living Area: 2452.0
  • Property Attached Yn: No
  • Reso Window Features: Blinds
  • Year Built: 1931
  • Tax Year: 2018
  • HIS_PoolYN: No
  • Unit Description: Single Family Home
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable
  • HIS_Easement: Electric
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dryer, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Full Bathrooms: 2
  • Flooring: Ceramic Tile, Hardwood
  • Stories: 2
  • Total Bathrooms: 2
  • Design: Double Wall, Remodeled

Exterior Features

  • Topography: Gentle Slope
  • View: Ocean Horizon
  • Waterfront: No
  • Roads: County

Garage/Parking

  • Parking Features: Unassigned

Utilities

  • Cooling: Cash
  • Sewer: Cesspool
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RS-15
  • Lot Dimensions: 190 x 100
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3230280510000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 923.0
  • Tax Lot: 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2020
Closed on
Sep 3, 2020
Sold by
Mitchell Donald D
Bought by
Sherman Patrick Arthur and Cooper Sherman Lynn
Seller's Agent
Mary Begier
Mary Begier Realty
Buyer's Agent
Megumi Nagaya
Coldwell Banker Island Properties - Kamuela
List Price
$895,000
Sold Price
$850,000
Premium/Discount to List
-$45,000
-5.03%
Current Estimated Value
$1,093,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,345
Avg. Annual Appreciation
5.15%
Original Mortgage
$700,000
Outstanding Balance
$621,204
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$472,141

Purchase Details

Listed on
Feb 8, 2020
Closed on
Sep 2, 2020
Sold by
Mitchell Donald D
Bought by
Sherman Patrick Arthur and Cooper Sherman Lynn
Seller's Agent
Mary Begier
Mary Begier Realty
Buyer's Agent
Megumi Nagaya
Coldwell Banker Island Properties - Kamuela
List Price
$895,000
Sold Price
$850,000
Premium/Discount to List
-$45,000
-5.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$621,204
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$472,141

Purchase Details

Closed on
Sep 25, 2006
Sold by
Lambert Gayle M
Bought by
Mitchell Donald D

Purchase Details

Closed on
Aug 13, 2003
Sold by
Mitchell Donald D and Lambert Gayle M
Bought by
Mitchell Donald D
Source: Public Records

Range of Values:

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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
Sherman Patrick Arthur $700,000 Tg
Sherman Patrick Arthur $150,000 Tg
Mitchell Donald D -- None Available
Mitchell Donald D -- --
Mitchell Donald D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherman Patrick Arthur $700,000
Closed Sherman Patrick Arthur $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2024 10/16/24 Off Market $850,000 -- --
09/24/2020 09/24/20 Sold $850,000 -5.0% $347 / Sq Ft
07/02/2020 07/02/20 Pending -- -- --
02/08/2020 02/08/20 For Sale $895,000 -- $365 / 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 $100 $1,067,000 $231,800 $835,200
2024 $100 $1,024,800 $231,800 $793,000
2023 $100 $924,700 $187,200 $737,500
2022 $100 $924,700 $187,200 $737,500
2021 $100 $768,300 $150,100 $618,200
2020 $1,018 $331,900 $150,100 $181,800
2019 $970 $322,200 $150,100 $172,100
2018 $924 $312,800 $150,100 $162,700
2017 $879 $303,700 $150,100 $153,600
2016 $751 $277,600 $150,100 $127,500
2015 $756 $269,500 $150,100 $119,400
2014 $756 $267,700 $150,100 $117,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 631673

Hawaii Information Service (MLS Hawaii)

APN: 3-2-3-028-051-0000