Estimated payment $5,292/month
Total Views
12,638
5
Beds
5
Baths
4,428
Sq Ft
$206
Price per Sq Ft
About This Home
Tropical Investment Opportunity in Lower Waiakea - Dual Home. Property with active STVR!
Located in the serene and private subdivision off of Stainback. Hwy. This 1.1375 acre estate offers a rare blend of investment potential and Island charm. Located in a well-established subdivision with underground electricity and county water, this lush retreat is minutes from Hilo's conveniences while feeling like a private sanctuary.
At the heart of the property is the primary residence, a spacious two story home featuring 4 bedrooms and 3 bathrooms. The expansive open beam ceiling and skylights enhance the airy, open feel of the living spaces, filling them with natural light. Beautiful slate flooring in the living room and hallway. Lets not forget the screened in lanai with breathtaking rainforest views- perfect for unwinding. The interior of up and downstairs has been freshly painted. This home has a solar water heater making it energy efficient.
Adding to the appeal is a thriving income generating short term rental. This ohana / STVR accommodates 4-6 guests comfortably with 2 bedrooms &1 bath and comes with everything needed to enjoy Hawaii's outdoor adventures. With ample parking and a proven track record of success, this turn key rental offers immediate income potential for investors looking to maximize returns in Hilo's desirable market.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,667
Year Built
- Built in 1971
Parking
- Unassigned Parking
Interior Spaces
- 4,428 Sq Ft Home
- 2-Story Property
- Carpet
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Full Bathrooms
Additional Features
- Property is zoned A-3A
- Cesspool
Community Details
- Panaewa Heights Subdivision
Listing and Financial Details
- Tax Lot 9-A
- Assessor Parcel Number 3240180050000
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $2,318 | $208,800 | $208,800 | -- |
| 2022 | $1,961 | $176,700 | $176,700 | $0 |
| 2021 | $1,462 | $131,700 | $131,700 | $0 |
| 2020 | $1,462 | $131,700 | $131,700 | $0 |
| 2019 | $1,197 | $107,800 | $107,800 | $0 |
| 2018 | $1,008 | $107,800 | $107,800 | $0 |
| 2017 | $1,008 | $107,800 | $107,800 | $0 |
| 2016 | $997 | $107,800 | $107,800 | $0 |
| 2015 | -- | $800 | $800 | $0 |
| 2014 | -- | $800 | $800 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/02/2025 03/02/25 | For Sale | $910,000 | +100.2% | $206 / Sq Ft |
| 06/27/2016 06/27/16 | Sold | $454,500 | -4.3% | $139 / Sq Ft |
| 04/29/2016 04/29/16 | Pending | -- | -- | -- |
| 03/07/2016 03/07/16 | For Sale | $475,000 | -- | $146 / Sq Ft |
Source: Hawaii Information Service (MLS Hawaii)
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,000 | -- |
Source: Public Records
Similar Homes in Hilo, HI
Source: Hawaii Information Service (MLS Hawaii)
MLS Number: 718891
APN: 3-2-4-018-004-0000
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