NOT LISTED FOR SALE

16 W Palai St Hilo, HI 96720

Estimated Value: $436,000 - $693,000

3 Beds
1 Bath
930 Sq Ft
$561/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $305,000 $328 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,215/month

26 Days on Market

About This Home

As of March 2021

Super-cute & right in town!

This thoroughly renovated three bedroom plantation-era home is located just minutes from Hilo’s shopping district and the University of Hawai`i.

Recent updates include:

-New electrical
-New plumbing
-New paint (interior and exterior)
-New carpets/flooring
-New foundations
-A full septic system conversion

This just-completed subdivision provides over a quarter of an acre of land surrounding the home, while post-on-pier construction provides added privacy.

Last Agent to Sell the Property

Nate Gaddis

COMPASS Brokerage Phone: 8087474742 License #RS-75971 Listed on: 01/18/2021

COMPASS

Last Buyer's Agent

Howard Meguro

Coldwell Banker Island Properties - Hilo License #RB-22392

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,544

Year Built

  • Built in 1937

Lot Details

  • Property fronts a county road
  • Level Lot
  • Cleared Lot
  • Property is zoned RS-10

Parking

  • Unassigned Parking

Home Design

  • 930 Sq Ft Home

Kitchen

  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Septic Tank
  • Private Sewer
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • Kimhan Kilauea Subdivision

Listing and Financial Details

  • Legal Lot and Block 1-B / 702
  • Assessor Parcel Number 3220421530000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,544

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: None
  • ResoLotFeatures: Cleared
  • Attribution Contact: 8087474742
  • Co List Office Phone: 8085892040
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: KIMHAN KILAUEA SUBDIVISION
  • Living Area: 930.0
  • Property Attached Yn: Yes
  • Year Built: 1937
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Private Contractor
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable, Wireless
  • HIS_Easement: None
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Exterior Features

  • Topography: Fairly Level
  • Waterfront: No
  • Roads: County, Graded

Garage/Parking

  • Parking Features: Unassigned

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RS-10
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3220421530000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Block: 702
  • Tax Lot: 1-B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2021
Closed on
Mar 23, 2021
Sold by
Kimhan John Michael E and Kimhan Miles P
Bought by
Cablayan Bernard San Pedro and Ballo Renata Ewa
Seller's Agent
Nate Gaddis
COMPASS
Buyer's Agent
Howard Meguro
Coldwell Banker Island Properties - Hilo
List Price
$295,000
Sold Price
$305,000
Premium/Discount to List
$10,000
3.39%
Total Days on Market
26
Current Estimated Value
$522,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,127
Avg. Annual Appreciation
13.66%
Original Mortgage
$244,000
Outstanding Balance
$221,537
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$300,590
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
Cablayan Bernard San Pedro $305,000 Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cablayan Bernard San Pedro $244,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2021 06/29/21 Off Market $305,000 -- --
03/31/2021 03/31/21 Sold $305,000 +3.4% $328 / Sq Ft
02/13/2021 02/13/21 Pending -- -- --
01/18/2021 01/18/21 For Sale $295,000 -- $317 / 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 $3,544 $386,500 $231,000 $155,500
2024 $3,544 $319,300 $171,200 $148,100
2023 $3,771 $339,700 $201,900 $137,800
2022 $3,771 $339,700 $201,900 $137,800
2021 $2,430 $218,900 $136,700 $82,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 645925

Hawaii Information Service (MLS Hawaii)

APN: 3-2-2-042-153-0000