NOT LISTED FOR SALE

16-2157 Rainbow Dr Pahoa, HI 96778

Estimated Value: $307,000 - $362,000

2 Beds
1 Bath
704 Sq Ft
$475/Sq Ft Est. Value

Last Sold December 19, 2023

Last sale price $349,000 $496 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,015/month

31 Days on Market

Highlights

  • Attached Garage
  • Level Lot
  • Grass Covered Lot
  • 1-Story Property

About This Home

As of December 2023

New Construction! Here sits your modern Hawaiian Cottage located on the highly sought out street of Rainbow Dr. in the Ainaloa Subdivision. This cozy 2 bedroom one bathroom home was built to provide you a new fresh look to new construction. This home was constructed with more upgrades than your standard. With a well designed custom tiled kitchen and bathroom, you will immediately notice the workmanship on this build. As you walk through the front door, you cant help but to notice the full kitchen back splash, which was created as a masterpiece using custom subway tiles. Kitchen cabinets have been upgraded with glass doors and joined with floating shelves for that farm style feel. The craftsmanship really stands out. Along with the decorative space, you can find higher end Samsung appliances, which include a microwave hood and oven. The beautiful countertops and a large island is made with white natural stone. The colors open up the room! As you enter the bathroom, you will also notice the custom tile shower with iridescent subway tiles. This is a stunning and unique design choice. Iridescent subway tiles are shimmer with a rainbow-like effect that adds a touch of elegance to the overall aesthetic. The bathroom floor is also custom designed with a bronzed finished commercial grade tile, which allows for strength and durability. The walls of the bathroom are adorned with a colorful accent wall and hinted with gold fixtures for a modern luxury feel. Bonus AC! Yes AC! On the exterior of the home, you can find a layer of epoxy covering your sidewalks and garage for an extra layer of protection. The driveway leading to your garage is fully paved and newly sprayed grass covers the whole area of your front and back yard. Want to move in and get sustainable? The landscaping has already been completed and starter garden with a variety of plants such as lemons, aloe, rosemary, peppers, and various herbs awaiting to fruit. Buyer and buyer agent to confirm all information

Last Agent to Sell the Property

Juniper Adler

eXp Realty Brokerage Phone: 8084434016 License #RS-84396 Listed on: 10/30/2023

eXp Realty

Last Buyer's Agent

Juniper Adler

eXp Realty Brokerage Phone: 8084434016 License #RS-84396 Listed on: 10/30/2023

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $466

Year Built

  • Built in 2023

Lot Details

  • Property fronts a private road
  • Chain Link Fence
  • Level Lot
  • Grass Covered Lot
  • Property is zoned A-1A

Parking

  • Attached Garage

Interior Spaces

  • 704 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Laminate Flooring

Kitchen

  • Range
  • Built-In Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Cistern
  • Septic Tank

Community Details

  • Ainaloa Subdivision

Listing and Financial Details

  • Tax Lot 79
  • Assessor Parcel Number 3160840260000

Home Details

Home Type

Single Family

Est. Annual Taxes

$466

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Chain Link
  • ResoLotFeatures: Grassy
  • Attribution Contact: 8084434016
  • Co List Office Phone: 8665498527
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: AINALOA
  • Unit Levels: One
  • Living Area: 704.0
  • Property Attached Yn: No
  • Reso Window Features: Blinds
  • Year Built: 2023
  • Tax Year: 2023
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: No
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Disposal, Dryer, HIS Microwave Hood, Range, Refrigerator, Washer
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Flooring: Laminate
  • Total Bathrooms: 1

Exterior Features

  • Topography: Fairly Level
  • Waterfront: No
  • Roads: Private

Garage/Parking

  • Parking Features: Attached, Covered

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: 3160840260000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 466.2
  • Tax Lot: 79

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2023
Closed on
Dec 11, 2023
Sold by
Lance M Oliveira Revocable Living Trust
Bought by
Lee Steven Hew Bun and Taylor-Lee Jacqueline Leilani
Seller's Agent
Juniper Adler
eXp Realty
Buyer's Agent
Juniper Adler
eXp Realty
List Price
$349,000
Sold Price
$349,000
Views
60
Current Estimated Value
$334,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,617
Avg. Annual Appreciation
-2.46%
Original Mortgage
$279,200
Outstanding Balance
$275,238
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$59,145

Purchase Details

Listed on
Mar 21, 2023
Closed on
Apr 27, 2023
Sold by
Matautia Ronald Putai Selusi Fonoti
Bought by
Lance M Oliveira Revocable Living Trust
Seller's Agent
Shannon Takabayashi
Hilo Bay Realty LLC
Buyer's Agent
Juniper Adler
eXp Realty
List Price
$65,000
Sold Price
$54,500
Premium/Discount to List
-$10,500
-16.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1805.66%

Purchase Details

Closed on
Aug 4, 2022
Sold by
Charles Smyth Paul and Charles Elizabeth Patricia
Bought by
Matautia Ronald Puiai Selusi
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
Lee Steven Hew Bun -- None Listed On Document
Lance M Oliveira Revocable Living Trust -- First American Title Of Hawaii
Matautia Ronald Puiai Selusi -- First American Title Of Hawaii
Matautia Ronald Puiai Selusi -- First American Title Of Hawaii
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Steven Hew Bun $279,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2024 03/18/24 Off Market $349,000 -- --
12/22/2023 12/22/23 Off Market $349,000 -- --
12/19/2023 12/19/23 Sold $349,000 0.0% $496 / Sq Ft
10/18/2023 10/18/23 For Sale $349,000 +540.4% $496 / Sq Ft
05/02/2023 05/02/23 Sold $54,500 -16.2% $77 / Sq Ft
04/04/2023 04/04/23 Pending -- -- --
03/21/2023 03/21/23 For Sale $65,000 -- $92 / 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 $2,484 $230,500 $45,000 $185,500
2024 $2,484 $223,800 $45,000 $178,800
2023 $466 $42,000 $42,000 $0
2022 $408 $36,800 $36,800 $0
2021 $226 $20,400 $20,400 $0
2020 $200 $17,000 $17,000 $0
2019 $200 $17,000 $17,000 $0
2018 $200 $12,000 $12,000 $0
2017 $200 $7,800 $7,800 $0
2016 $100 $8,000 $8,000 $0
2015 -- $8,000 $8,000 $0
2014 -- $7,800 $7,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 705089

Hawaii Information Service (MLS Hawaii)

APN: 3-1-6-084-026-0000