Seller's Agent in 2019
Howard Meguro
Coldwell Banker Island Properties - Hilo
(808) 896-2549
96 in this area
497 Total Sales
Estimated Value: $476,000 - $571,000
6
Beds
3
Baths
1,900
Sq Ft
$281/Sq Ft
Est. Value
Highlights
- Detached Garage
- Stacked Washer and Dryer
- 3-minute walk to Lincoln Park
- Carpet
About This Home
As of December 2019Location, location, location. Downtown Hilo duplex off Ponahawai Street on Loulu Lane is a property that any investor or savy homeowner will immediately see the value and potential. On the upper level, you have 2 - 2 bedroom/1 bath units. This legal duplex are mirror images of each other but yet has its own charm.
18 (Front Unit - 2 bedroom/1 bath): Gas stove; stainless steel refrigerator; carpet in bedrooms; laminate floors, stacked washer/dryer. Appliances, carpet, interior painting were all replaced/done within the past 2+ years.
18A (Back Unit - 2 bedroom/1 bath): Gas stove; stainless steel refrigerator; Pergo laminate flooring throughout; Stacked Washer/Dryer. Appliances and interior painting were replaced/done within the past 2+ years.
Downstairs Unit (close to 800 sf - 2 bedroom/1bath): Refrigerator, Washer/Dryer. Downstairs was tastefully enclosed and made into a very cozy space. 2 nice size bedrooms and spaces where you can hang out. Built in seating areas and a built in bookshelf add to the maximum utilization of space. Careful thought was put into insulation to reduce sound from the upstairs units.
But the upgrades are more than just paint and appliances as work was done on the home itself to reduce its carbon footprint and being able to reduce monthly expenses.
** Photo voltaic (PV) system was added in 2011 (each duplex unit is separately metered with its own contract)
** Solar Hot Water heater added in 2014 which services the whole home.
** Separate gas meters for each unit
** Most of the water lines upgraded in 2014 to PEX.
** Electric service upgraded in 2010 including most of the wiring
** Roof repainted in 2017 with Gaco Roof Coating.
** Bonus Outback off grid solar generator with battery storage. Six panels (on carport) powers this unit which can be used for unforeseeable emergencies.
Lots of opportunities and possibilities for this prime property in a prime location.
Last Agent to Sell the Property
Coldwell Banker Island Properties - Hilo Brokerage Phone: 8088962549 License #RB-22392 Listed on: 10/11/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $485
Year Built
- Built in 1953
Lot Details
- Property fronts a county road
Parking
- Detached Garage
Home Design
- Duplex
Interior Spaces
- 1,900 Sq Ft Home
- 2-Story Property
- Range
- Stacked Washer and Dryer
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Utilities
- Phone Available
- Cable TV Available
Community Details
- Upa Tract Subdivision
Listing and Financial Details
- Tax Lot 10
- Assessor Parcel Number 3230120220000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 30, 2020
Sold by
Arai Isamu and Arai Noriko
Bought by
Arai Masaru and Sakai Erica
Current Estimated Value
Purchase Details
Listed on
Oct 11, 2019
Closed on
Nov 20, 2019
Sold by
Finger Kimberly Marie and Finger Nicholas Adam
Bought by
Arai Isamu and Arai Noriko
Seller's Agent
Howard Meguro
Coldwell Banker Island Properties - Hilo
Buyer's Agent
Noelani E Spencer
Hawaii Life
List Price
$400,000
Sold Price
$380,000
Premium/Discount to List
-$20,000
-5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.61%
Purchase Details
Closed on
Feb 22, 2010
Sold by
Serafini Kevin
Bought by
Finger Kimberly Marie and Finger Nicholas Adam
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,323
Interest Rate
5.03%
Mortgage Type
FHA
Purchase Details
Closed on
May 6, 2004
Sold by
Shewmaker Michael Blair and Shewmaker Keiko Gibo
Bought by
Serafini Kevin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 12, 2002
Sold by
Livin Tome Kenneth K
Bought by
Shewmaker Michael Blair and Shewmaker Keiko Gibo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Arai Masaru | $380,000 | None Available | |
| Arai Isamu | $380,000 | Fam | |
| Finger Kimberly Marie | $203,000 | Tg | |
| Serafini Kevin | $165,000 | -- | |
| Shewmaker Michael Blair | $105,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Finger Kimberly Marie | $199,323 | |
| Previous Owner | Serafini Kevin | $132,000 | |
| Previous Owner | Shewmaker Michael Blair | $84,000 | |
| Closed | Shewmaker Michael Blair | $21,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/02/2019 12/02/19 | Sold | $380,000 | -5.0% | $200 / Sq Ft |
| 10/26/2019 10/26/19 | Pending | -- | -- | -- |
| 10/11/2019 10/11/19 | For Sale | $400,000 | -- | $211 / Sq Ft |
Source: Hawaii Information Service (MLS Hawaii)
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 | $1,267 | $338,500 | $112,500 | $226,000 |
| 2024 | $1,267 | $328,600 | $112,500 | $216,100 |
| 2023 | $1,262 | $319,000 | $112,500 | $206,500 |
| 2022 | $2,257 | $313,600 | $107,100 | $206,500 |
| 2021 | $1,912 | $273,400 | $97,400 | $176,000 |
| 2020 | $815 | $265,600 | $97,400 | $168,200 |
| 2019 | $1,912 | $178,700 | $92,700 | $86,000 |
| 2018 | $486 | $148,800 | $87,000 | $61,800 |
| 2017 | $465 | $144,500 | $87,000 | $57,500 |
| 2016 | $144 | $140,300 | $87,000 | $53,300 |
Source: Public Records
Agents Affiliated with this Home
-
Howard Meguro
-
Noelani E Spencer
Buyer's Agent in 2019
Noelani E Spencer
Hawaii Life
(808) 990-4994
7 in this area
80 Total Sales
Map
Source: Hawaii Information Service (MLS Hawaii)
MLS Number: 632414
APN: 3-2-3-012-022-0000
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.
Copyright 2026 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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