NOT LISTED FOR SALE

20 Haihai St Hilo, HI 96720

Estimated Value: $456,000 - $565,000

2 Beds
1 Bath
1,389 Sq Ft
$371/Sq Ft Est. Value

Last Sold August 03, 2022

Last sale price $400,000 $288 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,119/month

37 Days on Market

Highlights

  • Tankless Water Heater
  • 1-Story Property
  • Wood Burning Fireplace
  • Waiakea High School Rated A

About This Home

As of August 2022

This classic 1940's Kama'aina home reflects the grace and charm of a bygone era. The interior has been freshly painted. The bones are good. the roof is less than ten years old and the electric panel has been upgraded, giving you the option to choose solar in the future. This home needs little more than a cosmetic upgrade to restore its faded beauty to its former glory.

In closet spaces throughout the house you'll see old growth fir flooring, so it's possible that removing the laminate may reveal original hardwood floors. Archways, a wood burning fireplace, built-in corner cabinets, an original cosy breakfast nook and numerous sliding wood windows are all original features found only in homes of this bygone era. The cross breezes in the living room are wonderful as is the access to a spacious back lanai overlooking surprisingly private grounds. The foliage has grown back now but photos in an old listing show cut back foliage revealing an ocean view that is more than just a peek-a-boo. The Hilo Municipal Golf Course is only two minutes up the road and shopping centers are only a five minute drive away.

Investors, don't miss this opportunity! This home is on County water and has been a wonderful rental that has stayed rented for many years.
Please add As Is Addendum.

Last Agent to Sell the Property

Ainslie Schmidt

RE/MAX Properties Brokerage Phone: 8089384433 License #RS-57915 Listed on: 04/25/2022

RE/MAX Properties

Last Buyer's Agent

Kehaulani Stamm

Hawaii Ranch & Home LLC License #RS-78915

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,594

Year Built

  • Built in 1941

Lot Details

  • Property fronts a county road
  • Property is zoned RS-10

Parking

  • Covered Parking

Interior Spaces

  • 1,389 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Laminate Flooring
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Tankless Water Heater
  • Cesspool
  • Private Sewer
  • Phone Available
  • Cable TV Available

Community Details

  • Waiakea Homestead Houselots Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 802
  • Assessor Parcel Number 3220430410000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,594

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Attribution Contact: 8089384433
  • Co List Office Phone: 8089359800
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: WAIAKEA HOMESTEAD HOUSELOTS
  • Unit Levels: One
  • Living Area: 1389.0
  • Property Attached Yn: No
  • Year Built: 1941
  • Tax Year: 2021
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Private Contractor
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable
  • HIS_WaterHeater: Tankless
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Full Bathrooms: 1
  • Flooring: Laminate
  • Total Bathrooms: 1

Exterior Features

  • Waterfront: No
  • Roads: County, Paved

Garage/Parking

  • Parking Features: Covered

Utilities

  • Sewer: Cesspool
  • Utilities: Cable Available, Electricity Available, Natural Gas 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: 3220430410000

Tax Info

  • Tax Annual Amount: 3594.0
  • Tax Block: 802
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2022
Closed on
Jul 28, 2022
Sold by
Spelman Richard L and Spelman Sylvia T
Bought by
Velez Kyra K I L
Seller's Agent
Ainslie Schmidt
RE/MAX Properties
Buyer's Agent
Kehaulani Stamm
Hawaii Ranch & Home LLC
List Price
$435,000
Sold Price
$400,000
Premium/Discount to List
-$35,000
-8.05%
Current Estimated Value
$514,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,838
Avg. Annual Appreciation
8.40%
Original Mortgage
$392,755
Outstanding Balance
$376,544
Interest Rate
5.7%
Mortgage Type
FHA
Estimated Equity
$138,294

Purchase Details

Closed on
Dec 23, 2019
Sold by
Spelman Richard Leroy and Spelman Sylvia Lynn
Bought by
Spelman Richard L and Spelman Sylvia L

Purchase Details

Listed on
Jun 6, 2012
Closed on
Oct 3, 2012
Sold by
Fahling Johannes and Fahling Kuulei Miye Miura
Bought by
Spelman Richard Leroy and Spelman Sylvia Lynn
Seller's Agent
Hank Correa
Better Homes and Gardens Real Estate Hank Correa Realty
Buyer's Agent
Ainslie Schmidt
RE/MAX Properties
List Price
$229,000
Sold Price
$220,000
Premium/Discount to List
-$9,000
-3.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%
Original Mortgage
$176,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2008
Sold by
Mcilroy Jason D and Mcilroy Pamela J
Bought by
Fahling Johannes and Fahling Kuulei Miye Miura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 6, 2004
Sold by
Kelley John Reed and Kelley Catherine Susan
Bought by
Mcilroy Jason D and Mcilroy Pamela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,250
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2003
Sold by
Kiefer Diana Kay and Lui Kwan Diana Kay
Bought by
Kelley John Reed and Kelley Catherine Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 1997
Sold by
Lui Kwan Timothy John and Lui Kwan Diana Kay
Bought by
Kiefer Diana Kay and Lui Kwan Diana Kay
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
Velez Kyra K I L -- Title Guaranty
Velez Kyra K I L -- Title Guaranty
Spelman Richard L -- None Available
Spelman Richard Leroy $220,000 Tg
Fahling Johannes $269,000 Fam
Mcilroy Jason D $165,000 --
Kelley John Reed $140,000 --
Kiefer Diana Kay -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velez Kyra K I L $392,755
Closed Velez Kyra K I L $392,755
Previous Owner Spelman Richard Leroy $176,000
Previous Owner Fahling Johannes $100,000
Previous Owner Mcilroy Jason D $140,250
Previous Owner Kelley John Reed $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2024 10/04/24 Off Market $400,000 -- --
11/16/2022 11/16/22 Off Market $400,000 -- --
08/03/2022 08/03/22 Sold $400,000 -8.0% $288 / Sq Ft
04/21/2022 04/21/22 For Sale $435,000 +97.7% $313 / Sq Ft
10/11/2012 10/11/12 Sold $220,000 -3.9% $158 / Sq Ft
07/18/2012 07/18/12 Pending -- -- --
06/06/2012 06/06/12 For Sale $229,000 -- $165 / 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 $4,797 $493,900 $330,900 $163,000
2024 $4,797 $432,200 $273,300 $158,900
2023 $4,401 $396,500 $248,700 $147,800
2022 $2,438 $396,500 $248,700 $147,800
2021 $3,594 $323,800 $199,400 $124,400
2020 $3,642 $328,100 $209,900 $118,200
2019 $3,282 $295,700 $174,900 $120,800
2018 $2,853 $257,000 $159,000 $98,000
2017 $2,832 $255,100 $159,000 $96,100
2016 $2,278 $226,700 $144,800 $81,900
2015 $645 $219,300 $144,800 $74,500
2014 $645 $182,300 $109,200 $73,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 661133

Hawaii Information Service (MLS Hawaii)

APN: 3-2-2-043-041-0000