NOT LISTED FOR SALE

16 Hoolaulea St Hilo, HI 96720

Estimated Value: $831,000 - $918,000

7 Beds
5 Baths
3,052 Sq Ft
$286/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $750,000 $246 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,124/month

15 Days on Market

Highlights

  • 2 Car Attached Garage
  • Interior Lot
  • Home Security System
  • Waiakea High School Rated A
  • Air Conditioning
  • Ceramic Tile Flooring

About This Home

As of February 2022

Beautifully-maintained ohana homes with each with electric meter in desirable area of Hilo. Formally a boarding home, then a licensed Care Home for 5 residents since 1997. Main house (building #2 on mls): 39 PV panels net-metered owned outright! Solar water heater (3 panels). Fujitsu AC in living room & master bedroom. 6 ceiling fans. Double-door entry. New Koehler toilets w/Corian countertops, recessed lighting, laminate flooring, carpet in living room (may need replacing). vinyl-wrapped windows. Brand new smoke detectors. Wired for security system (Vivint)- new owner needs to activate. Roof well-maintained (see disclosure for details). Ohana house in back (building #1 on mls): solar water heater, (2 panels), no PV. separately-metered. cute little yard in back. rock walls on perimeter of property with gated entry. Great property for multi-generational family living, Care Home, live in one and rent the other.

Last Agent to Sell the Property

Helene Tajiri

Chris Brilhante Realty, Inc. Brokerage Phone: 8089606287 License #RB-16503 Listed on: 12/07/2021

Last Buyer's Agent

Tony Arruda

Arruda Properties Ltd License #RB-14501

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,991

Year Built

  • Built in 1970

Lot Details

  • Property fronts a county road
  • Stone Wall
  • Chain Link Fence
  • Landscaped
  • Interior Lot
  • Level Lot
  • Property is zoned A-1A

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces

Home Design

  • Wood Frame Construction
  • Double Stud Wall

Interior Spaces

  • 3,052 Sq Ft Home
  • 1-Story Property
  • Drapes & Rods

Kitchen

  • Range with Range Hood
  • Microwave
  • Freezer
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Utilities

  • Air Conditioning
  • Cesspool
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 3240530910000

Community Details

Overview

  • Waiakea Homesite Subdivision

Recreation

  • Recreational Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,991

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Reso Fencing: Chain Link, Stone
  • ResoLotFeatures: Interior Lot, Landscaped
  • Road Frontage Type: HIS Road/Street
  • ResoSecurityFeatures: Security System, Smoke Detector(s)
  • Attribution Contact: 8089606287
  • Co List Office Phone: 8089351007
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: WAIAKEA HOMESITE SUBDIVISION
  • Carport Spaces: 2.0
  • Living Area: 3052.0
  • Property Attached Yn: No
  • Reso Window Features: Drapes
  • Year Built: 1970
  • Tax Year: 2021
  • HIS_PoolYN: No
  • Unit Description: Single Family Home, Single Level
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_OtherBuildingArea: 288
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dryer, Freezer, Microwave, Range, Range Hood, Refrigerator, Washer
  • Total Bedrooms: 7
  • Full Bathrooms: 4
  • Three Quarter Bathrooms: 1
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Stories: 1
  • Total Bathrooms: 5
  • Design: Double Wall, Single Wall, Wood Frame

Exterior Features

  • Topography: Fairly Level
  • Waterfront: No
  • Exterior Features: Lightning, Recreation Area
  • Roads: County, Paved

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Covered

Utilities

  • Cooling: HIS Air Conditioning
  • Sewer: Cesspool
  • Utilities: Cable Available, Electricity Available, Phone Available

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: A-1A
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3240530910000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3991.0
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2021
Closed on
Mar 23, 2022
Sold by
Tony Arruda
Bought by
Tony Arruda Trust
Seller's Agent
Helene Tajiri
Chris Brilhante Realty, Inc.
Buyer's Agent
Tony Arruda
Arruda Properties Ltd
List Price
$789,000
Sold Price
$750,000
Premium/Discount to List
-$39,000
-4.94%
Total Days on Market
15
Current Estimated Value
$872,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,677
Avg. Annual Appreciation
4.92%
Original Mortgage
$600,000
Outstanding Balance
$562,413
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$315,497

Purchase Details

Listed on
Dec 7, 2021
Closed on
Feb 22, 2022
Sold by
Leandro Paranada Jr Revocable Living Tru
Bought by
Arruda Tony
Seller's Agent
Helene Tajiri
Chris Brilhante Realty, Inc.
Buyer's Agent
Tony Arruda
Arruda Properties Ltd
List Price
$789,000
Sold Price
$750,000
Premium/Discount to List
-$39,000
-4.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$562,413
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$315,497

Purchase Details

Closed on
Mar 11, 2014
Sold by
Paranada Leandro
Bought by
Paranada Leandro and Leandro Paranada Jr Revocable Living Tr
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
Tony Arruda Trust -- Accommodation/Courtesy Recordi
Tony Arruda Trust -- Accommodation/Courtesy Recordi
Arruda Tony $750,000 Title Guaranty & Escrow Servic
Arruda Tony $750,000 Title Guaranty & Escrow Servic
Paranada Leandro -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arruda Tony $600,000
Closed Arruda Tony $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2024 11/06/24 Off Market $750,000 -- --
05/28/2022 05/28/22 Off Market $750,000 -- --
02/25/2022 02/25/22 Sold $750,000 -4.9% $246 / Sq Ft
12/22/2021 12/22/21 Pending -- -- --
12/07/2021 12/07/21 For Sale $789,000 -- $259 / 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 $2,926 $722,900 $204,500 $518,400
2024 $2,926 $701,800 $204,500 $497,300
2023 $2,899 $681,400 $204,500 $476,900
2022 $4,895 $601,000 $173,300 $427,700
2021 $3,992 $519,600 $159,800 $359,800
2020 $3,803 $502,600 $156,800 $345,800
2019 $3,741 $497,000 $153,800 $343,200
2018 $2,649 $443,300 $153,800 $289,500
2017 $2,864 $426,300 $143,300 $283,000
2016 $2,196 $414,500 $135,800 $278,700
2015 -- $371,200 $117,000 $254,200
2014 -- $369,500 $117,000 $252,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 654082

Hawaii Information Service (MLS Hawaii)

APN: 3-2-4-053-091-0000