NOT LISTED FOR SALE

16-2066 Rainbow Dr Pahoa, HI 96778

Estimated Value: $460,000 - $530,000

3 Beds
2 Baths
1,296 Sq Ft
$381/Sq Ft Est. Value

Last Sold August 30, 2023

Last sale price $330,000 $255 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,806/month

3 Days on Market

About This Home

As of August 2023

This spacious home is located on a well-maintained paved road in the Ainaloa Subdivision. The unique design of this home allows for many different options. The main house includes an open-concept kitchen and living room with high ceilings, 2 bedrooms and a shared bath. The master suite is located across a covered breezeway allowing for privacy, or even a separate living area. At over 400 square feet, there are many potential uses for this space!

The yard has mature fruit trees and landscaping including mango, lemon, lime, pineapple, ti, ferns, bromeliads, bamboo, and palms.

Easy access to amenities including the Puna Kai shopping center, Sunday Maku’u Farmer’s Market, and local favorite, Kaleo’s Bar and Grill.

Last Agent to Sell the Property

Amber Rich

Iokua Real Estate Brokerage Phone: 8087465656 License #RB-24460 Listed on: 06/27/2023

Last Buyer's Agent

Norrey Acasio

Acasio Realty, Inc. License #RB-21921

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,020

Year Built

  • Built in 2007

Lot Details

  • Property fronts a private road
  • Property is zoned A-1A

Home Design

  • 1,296 Sq Ft Home

Kitchen

  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cistern
  • Septic Tank
  • Private Sewer

Community Details

  • Ainaloa Subdivision

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 3160770020000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,020

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Attribution Contact: 8087465656
  • Co List Office Phone: 8089347050
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: AINALOA
  • Living Area: 1296.0
  • Property Attached Yn: No
  • Year Built: 2007
  • Tax Year: 2022
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Private Contractor
  • HIS_InUseAsShortTermVacationRentalYN: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2

Exterior Features

  • Waterfront: No
  • Roads: Private

Garage/Parking

  • Parking Features: None

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: Cistern

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: A-1A
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3160770020000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1020.3
  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2016
Sold by
Areal Nakoa Anthony
Bought by
Picanso Patrick Correa and Picanso Carlada Mahealani
Current Estimated Value
$493,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,875
Interest Rate
3.57%
Mortgage Type
VA

Purchase Details

Closed on
Feb 1, 2016
Sold by
Komine Shoko
Bought by
Areal Nakoa Anthony
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
Picanso Patrick Correa $225,000 Tg
Areal Nakoa Anthony $8,000 Fam
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Picanso Patrick Correa $289,990
Closed Picanso Patrick Correa $192,514
Closed Picanso Patrick Correa $151,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2023 08/30/23 Sold $330,000 +3.1% $255 / Sq Ft
06/30/2023 06/30/23 Pending -- -- --
06/27/2023 06/27/23 For Sale $320,000 +42.2% $247 / Sq Ft
05/15/2017 05/15/17 Sold $225,000 +4.7% $174 / Sq Ft
04/15/2017 04/15/17 Pending -- -- --
03/23/2017 03/23/17 For Sale $215,000 -- $166 / 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 $1,393 $417,500 $14,900 $402,600
2024 $1,393 $405,300 $14,900 $390,400
2023 $1,383 $393,500 $14,900 $378,600
2022 $847 $272,200 $14,900 $257,300
2021 $808 $264,300 $14,900 $249,400
2020 $771 $256,600 $14,900 $241,700
2019 $734 $249,100 $14,900 $234,200
2018 $697 $241,800 $7,600 $234,200
2017 $1,709 $210,200 $7,400 $202,800
2016 $100 $6,400 $6,400 $0
2015 -- $7,000 $7,000 $0
2014 -- $7,800 $7,800 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Amber Rich

    Iokua Real Estate

    (808) 746-5656

    93 Total Sales

    Amber Rich
    Section Image

  • N

    Buyer's Agent in 2023

    Norrey Acasio

    Acasio Realty, Inc.

    (808) 333-9209

    88 Total Sales

    Norrey Acasio
    Section Image
  • Misti Tyrin

    Seller's Agent in 2017

    Misti Tyrin

    Iokua Real Estate

    (808) 217-3583

    91 Total Sales

    Misti Tyrin
    Section Image
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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 702994

Hawaii Information Service (MLS Hawaii)

APN: 3-1-6-078-008-0000

Hawaii Hawaii County Pahoa 96760

16-2066 Rainbow Dr, Pahoa, HI

This home is located at 16-2066 Rainbow Dr, Pahoa, HI 96778 since 27 June 2023 and is currently estimated at $493,594, approximately $380 per square foot. This property was built in 2007. 16-2066 Rainbow Dr is a home located in Hawaii County with nearby schools including Pahoa Elementary School and Pahoa Intermediate/High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hawaii Information Service (MLS Hawaii) Copyright 2025 MLS Hawaii, Inc. All rights reserved.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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