NOT LISTED FOR SALE

1639 Koele St Hilo, HI 96720

Estimated Value: $626,000 - $832,000

5 Beds
4 Baths
2,112 Sq Ft
$342/Sq Ft Est. Value

Last Sold July 14, 2021

Last sale price $430,000 $204 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,386/month

131 Days on Market

About This Home

As of July 2021

Amazing investor opportunity! Use as a single family plus Ohana, or use as a duplex! The exterior of both homes was repainted in April 2020. Roof was replaced in 2016. The exterior has been updated for you, the interior would not need much to bring it up to date. The rear unit is currently rented for $950 under section 8. It features a spacious 2 bed , 2 bath home with ocean horizon view. The front unit is vacant and features 3 bedrooms and 1.5 bath. Both units share a covered carport with laundry facilities. There is plenty of space to entertain or garden in the grassy backyard. The neighborhood is very quiet and has street parking.
48+ hour notice is required.
Being sold as is. Please include as is addendum with offer
Video of property and front unit.

Last Agent to Sell the Property

Piperlynn Herrera

Soldier to Soldier Hawaii Realty, LLC Brokerage Phone: 8082262599 License #RS-78906 Listed on: 10/16/2020

Last Buyer's Agent

Wailana Herbst

Corcoran Pacific Properties License #RB-24019

Corcoran Pacific Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,794

Year Built

  • Built in 1987

Lot Details

  • 0.26

Home Design

  • Duplex

Interior Spaces

  • 2,112 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Parking

  • Covered Parking
  • Driveway

Utilities

  • Cesspool

Community Details

  • Ala Kai Heights Subdivision

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 3240681220000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,794

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub-Type: Duplex
  • Attribution Contact: 8082262599
  • Co List Office Phone: 8083127884
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: ALA KAI HEIGHTS
  • Living Area: 2112.0
  • Year Built: 1987
  • Tax Year: 2020
  • HIS_PoolYN: No
  • Unit Description: Duplex
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_Easement: Cable, Driveway, Electric, Ingress/Egress, Telephone, Water
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: None
  • Total Bedrooms: 5
  • Full Bathrooms: 4
  • Flooring: Carpet
  • Total Bathrooms: 4

Exterior Features

  • Waterfront: No
  • Roads: Paved

Garage/Parking

  • Parking Features: Covered

Utilities

  • Sewer: Cesspool
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RS-10
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3240681220000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4794.0
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2020
Closed on
Jul 9, 2021
Sold by
Mercado Felicidad Hilda and Castro Belinda C
Bought by
Naki Kalanihuli Moniz and Hahakui Naki Morrisa
Seller's Agent
Piperlynn Herrera
Soldier to Soldier Hawaii Realty, LLC
Buyer's Agent
Wailana Herbst
Corcoran Pacific Properties
List Price
$499,000
Sold Price
$430,000
Premium/Discount to List
-$69,000
-13.83%
Current Estimated Value
$722,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,470
Avg. Annual Appreciation
12.76%
Original Mortgage
$445,480
Interest Rate
2.9%
Mortgage Type
VA

Purchase Details

Closed on
Sep 16, 2005
Sold by
Mercado Felicidad Hilda and Castro Belinda C
Bought by
Mercado Felicidad Hilda

Purchase Details

Closed on
Oct 12, 2000
Sold by
Mercado Felicidad Hilda
Bought by
Mercado Felicidad Hilda and Castro Belinda C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
7.96%
Mortgage Type
Purchase Money Mortgage
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
Naki Kalanihuli Moniz $430,000 Tg
Mercado Felicidad Hilda -- Fntic
Mercado Felicidad Hilda -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Naki Kalanihuli Moniz $445,480
Previous Owner Mercado Felicidad Hilda $62,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2021 10/12/21 Off Market $430,000 -- --
07/14/2021 07/14/21 Sold $430,000 -13.8% $204 / Sq Ft
02/24/2021 02/24/21 Pending -- -- --
10/16/2020 10/16/20 For Sale $499,000 -- $236 / 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 $6,659 $640,400 $236,500 $403,900
2024 $6,659 $599,900 $215,400 $384,500
2023 $6,143 $553,400 $195,800 $357,600
2022 $5,811 $523,500 $165,900 $357,600
2021 $4,971 $447,800 $152,400 $295,400
2020 $4,794 $431,900 $149,400 $282,500
2019 $493 $287,800 $63,100 $224,700
2018 $452 $279,400 $63,100 $216,300
2017 $412 $271,300 $63,100 $208,200
2016 $373 $263,400 $63,100 $200,300
2015 $176 $255,700 $63,100 $192,600
2014 $176 $248,300 $63,100 $185,200
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    Piperlynn Herrera

    Soldier to Soldier Hawaii Realty, LLC

    Section Image
  • Wailana Herbst

    Buyer's Agent in 2021

    Wailana Herbst

    Corcoran Pacific Properties

    (808) 589-2040

    31 in this area

    115 Total Sales

    Wailana Herbst
    Section Image
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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 643560

Hawaii Information Service (MLS Hawaii)

APN: 3-2-4-068-122-0000

Hawaii Hawaii County Hilo 96720

1639 Koele St, Hilo, HI

This home is located at 1639 Koele St, Hilo, HI 96720 since 16 October 2020 and is currently estimated at $722,470, approximately $342 per square foot. This property was built in 1987. 1639 Koele St is a home located in Hawaii County with nearby schools including Waiakea Elementary School, Waiakea Intermediate School, and Waiakea 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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