NOT LISTED FOR SALE

18 Makakai Place Hilo, HI 96720

Estimated Value: $965,000 - $1,292,000

3 Beds
2 Baths
1,800 Sq Ft
$653/Sq Ft Est. Value

Last Sold November 26, 2014

Last sale price $640,000 $356 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $6,354/month

13 Days on Market

Highlights

  • Ocean View
  • Vaulted Ceiling
  • Lanai
  • In Ground Pool
  • Wood Flooring
  • 5-minute walk to Honolii Beach Park

About This Home

As of November 2014

Charming Alae Point Home
You just can't beat this Hilo location! Ocean close and still close to town in a much sought after neighborhood.
Beautifully maintained 3 bedroom, 2 bath single level home on a large 16,000+ square foot lot with mature landscaping. Fabulous built-ins in the kitchen, dining and living room alcove. Kitchen and bath nicely upgraded with stainless steel appliances and granite counters.
The back breezy enclosed lanai will be your favorite spot to catch the sunrise, hear the ocean and feel the breezes and gaze out to the back yard. The lanai is 630 square feet, fully permitted and extends the full width of the house, opening to the living room, master bedroom and kitchen. A fantastic spot to enjoy and adds significantly to the size and feel of the house.
Step beyond the lanai to the pool deck and private fenced back yard with in ground pool and hot tub. Lovely mature landscaping creates a privacy screen to fully enjoy the yard. Fruiting mango tree and plenty of room to garden.
Solar tubes in the bedrooms provide free lighting and photovoltaic panels help with electric bills.
And you're only a short stroll down to Honolii surfing beach and a 5 minute drive into Hilo town.
A super location and a most desirable place to call home!

Last Buyer's Agent

Rochelle Augustin Beck

KW Big Island License #RS-64935

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,565

Year Built

  • Built in 1971

Lot Details

  • Property fronts a county road
  • Landscaped
  • Level Lot
  • Property is zoned RS-15

Parking

  • Covered Parking

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Track Lighting
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Lanai

Utilities

  • Cesspool
  • Phone Available
  • Cable TV Available

Community Details

  • Alae Point Subdivision

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 3260260060000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,565

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • ResoLotFeatures: Landscaped
  • ResoSecurityFeatures: Smoke Detector(s)
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: ALAE POINT
  • Reso Interior Features: Built-in Features, Enclosed Lanai, Track Lightning, Vaulted Ceilings
  • Unit Levels: One
  • Living Area: 1800.0
  • Property Attached Yn: No
  • Year Built: 1971
  • Tax Year: 2014
  • HIS_PoolYN: Yes
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_OtherBuildingArea: 630
  • HIS_SolidWasteDisposal: None
  • HIS_InternetAccess: Cable
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, HIS Microwave Hood, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Stories: 1

Exterior Features

  • Topography: Fairly Level
  • View: HIS Sunrise, Ocean, Ocean Horizon
  • Pool Features: In Ground
  • Waterfront: No
  • Exterior Features: Lightning
  • Roads: County

Garage/Parking

  • Parking Features: Covered

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RS-15
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3260260060000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1565.0
  • Tax Lot: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2025
Sold by
Edward G Peskin 1992 Trust and Wendy B Peskin 1992 Trust
Bought by
Miranda Marc W and Capati Chrissy A
Current Estimated Value
$1,175,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,149,500
Outstanding Balance
$1,141,378
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$34,512

Purchase Details

Closed on
Jan 29, 2016
Sold by
Peskin Edward G and Peskin Wendy B
Bought by
Peskin Edward G and Edward G Peskin 1992 Trust

Purchase Details

Listed on
Sep 17, 2014
Closed on
Nov 21, 2014
Sold by
Weber Kirk Eldon and Weber Camillyn Dale
Bought by
Peskin Edward G and Peskin Wendy B
Buyer's Agent
Rochelle Augustin Beck
KW Big Island
List Price
$675,000
Sold Price
$640,000
Premium/Discount to List
-$35,000
-5.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.65%
Original Mortgage
$512,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2012
Sold by
Weber Kirk Eldon and Weber Camillyn D
Bought by
Weber Kirk Eldon and Weber Camillyn Dale

Purchase Details

Closed on
Aug 3, 1998
Sold by
Oliver Spencer and Oliver Yvonne
Bought by
Weber Kirk Eldon and Weber Camillyn D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,250
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Miranda Marc W -- Title Guaranty
Peskin Edward G -- Accommodation
Peskin Edward G $640,000 Tg
Weber Kirk Eldon -- None Available
Weber Kirk Eldon $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miranda Marc W $1,149,500
Previous Owner Peskin Edward G $512,000
Previous Owner Weber Kirk Eldon $261,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2014 11/26/14 Sold $640,000 -5.2% $356 / Sq Ft
09/30/2014 09/30/14 Pending -- -- --
09/17/2014 09/17/14 For Sale $675,000 -- $375 / 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 $2,091 $578,200 $197,700 $380,500
2024 $2,091 $561,400 $197,700 $363,700
2023 $2,091 $545,000 $197,700 $347,300
2022 $2,147 $529,100 $197,700 $331,400
2021 $2,052 $513,700 $197,700 $316,000
2020 $1,960 $498,700 $197,700 $301,000
2019 $1,871 $484,200 $197,700 $286,500
2018 $1,907 $470,100 $197,700 $272,400
2017 $1,823 $456,400 $197,700 $258,700
2016 $1,441 $443,100 $212,900 $230,200
2015 $1,274 $430,200 $212,900 $217,300
2014 $1,274 $368,200 $152,400 $215,800
Source: Public Records

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 276213

Hawaii Information Service (MLS Hawaii)

APN: 3-2-6-026-006-0000