NOT LISTED FOR SALE

Estimated Value: $702,000 - $868,000

1 Acre
$793,169 Price per Acre
43,560 Sq Ft Lot

Last Sold March 13, 2020

Last sale price $36,500

Est. 2,073% increase in value since last sale

Current estimated payment $4,852/month

8 Days on Market

About This Lot

As of March 2020

Here’s a Great opportunity to own an improved, well priced 1 Acre vacant lot in one of the fastest growing East Hawaii subdivisions located in Lava zone 3.
Owners partially cleared a pathway and open space toward the back of the lot, cut and poisoned the albezia trees and had it completely fenced and gated, lessening a lot of the start-up work so you can focus on your future building plans.
Conveniently located within minutes to grocery stores, specialty shops, gas stations, hardware stores, restaurants, community events, and many other varieties of shopping experiences including the popular Makuu Farmers Market every Sunday. 3.4 miles to Orchidland General Store; 7.5 miles to new Puna Kai Shopping Center in Pahoa; 8 miles to Keaau Shopping Center; 13.8 miles to Prince Kuhio Plaza in Hilo.

Hawaiian Paradise Park Owners Association Community Center is located at 15-1570 Makuu Dr (between 16th & 17th Ave) offering a variety of classes & activities.
Please visit www.hppoa.net for more information.

HPPOA annual mandatory road maintenance dues are currently $360., subject to change.
HPPOA transfer fee of $300. is the Buyer’s expense at close of escrow.

Home to the right is also available. See MLS# 636210.

Last Agent to Sell the Property

Linda Kaeo

Iokua Real Estate Brokerage Phone: 8089900481 License #RS-60549 Listed on: 02/04/2020

Last Buyer's Agent

Tina Helenihi

Hawaii Life License #RS-60172

Hawaii Life

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $325

Lot Details

  • Property fronts a private road
  • Wire Fence
  • Level Lot
  • Unpaved Streets
  • Wooded Lot
  • Property is zoned A-1A

Utilities

  • Cistern
  • Sewer Not Available

Community Details

  • Hawaiian Paradise Park Subdivision

Listing and Financial Details

  • Legal Lot and Block 1505 / 7
  • Assessor Parcel Number 3150480320000

Property Details

Property Type

Land

Est. Annual Taxes

$325

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub-Type: HIS Vacant Land
  • Reso Fencing: Wire
  • ResoLotFeatures: Wooded
  • Road Frontage Type: HIS Road/Street
  • Attribution Contact: 8089900481
  • Co List Office Phone: 8085892040
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: HAWAIIAN PARADISE PARK
  • Tax Year: 2019
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Topography: Fairly Level
  • Waterfront: No
  • Roads: Paved, Private, Unpaved

Utilities

  • Cooling: Cash
  • Sewer: None
  • Water Source: Cistern

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: A-1A
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3150480320000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 325.0
  • Tax Block: 7
  • Tax Lot: 1505

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2021
Sold by
Timber Tech Hawaii Llc
Bought by
Passi Eric and Passi Tekla Puamaeole
Current Estimated Value
$793,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$723,000
Outstanding Balance
$665,281
Interest Rate
2.99%
Mortgage Type
VA
Estimated Equity
$127,888

Purchase Details

Listed on
Feb 4, 2020
Closed on
Mar 10, 2020
Sold by
Thomas Gary Lynn and Thomas Elaine Marie
Bought by
Timber Tech Hawaii Llc
Seller's Agent
Linda Kaeo
Iokua Real Estate
Buyer's Agent
Tina Helenihi
Hawaii Life
List Price
$39,500
Sold Price
$36,500
Premium/Discount to List
-$3,000
-7.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
75.75%

Purchase Details

Closed on
Mar 15, 2017
Sold by
Kottke Ray Edwin and Kottke Esther Louise
Bought by
Thomas Gary Lynn and Thomas Elaine Marie

Purchase Details

Closed on
Sep 20, 2004
Sold by
Mcneill Theodore Henry and Mcneill Peter Paul
Bought by
Kottke Ray Edwin and Kottke Esther Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000
Interest Rate
5.69%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 16, 1998
Sold by
Aratoon Mcneill Theodore Henry and Aratoon Jordan Leon George
Bought by
Mcneill Theodore Henry and Mcneill Peter Paul
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
Passi Eric $723,000 Tg
Timber Tech Hawaii Llc $36,500 Tg
Thomas Gary Lynn $25,000 Tg
Kottke Ray Edwin $12,500 --
Mcneill Theodore Henry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Passi Eric $723,000
Previous Owner Kottke Ray Edwin $6,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2024 10/12/24 Off Market $36,500 -- --
03/13/2020 03/13/20 Sold $36,500 -7.6% --
02/12/2020 02/12/20 Pending -- -- --
02/04/2020 02/04/20 For Sale $39,500 -- --
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 $6,461 $752,400 $93,000 $659,400
2024 $6,461 $691,000 $79,000 $612,000
2023 $5,977 $639,200 $70,000 $569,200
2022 $5,766 $616,700 $47,500 $569,200
2021 $341 $36,500 $36,500 $0
2020 $332 $35,500 $35,500 $0
2019 $325 $34,800 $34,800 $0
2018 $299 $32,000 $32,000 $0
2017 $272 $30,000 $30,000 $0
2016 $278 $30,000 $30,000 $0
2015 -- $30,000 $30,000 $0
2014 -- $27,000 $27,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 636212

Hawaii Information Service (MLS Hawaii)

APN: 3-1-5-048-032-0000