Craig Alvarado
Hawaii Modern Realty
(808) 204-4418
38 Total Sales
1 in Hilo
$405,000 Price
Estimated Value: $446,000 - $559,000
2
Beds
1
Bath
1,389
Sq Ft
$368/Sq Ft
Est. Value
Highlights
- Tankless Water Heater
- 1-Story Property
- Wood Burning Fireplace
- Waiakea High School Rated A
About This Home
As of August 2022This 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
RE/MAX Properties Brokerage Phone: 8089384433 License #RS-57915 Listed on: 04/25/2022
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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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 25, 2022
Closed on
Jul 28, 2022
Sold by
Spelman Richard and Spelman Sylvia T
Bought by
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%
Views
15
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,128
Avg. Annual Appreciation
6.17%
Original Mortgage
$392,755
Outstanding Balance
$371,416
Interest Rate
5.81%
Mortgage Type
FHA
Estimated Equity
$140,268
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
6.25%
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
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Hilo, HI
-
Craig Alvarado
-
Marisa Sullivan
Marisa Sullivan
W and Partners, LLC
(808) 746-2522
31 Total Sales
1 in Hilo
$184,000 Price
-
Kurtis Becker
Kurtis Becker
Coldwell Banker Island Properties - Kona
(808) 746-7577
55 Total Sales
1 in Hilo
$450,000 Price
-
Sunita Przewlocki
Sunita Przewlocki
Salt Water Real Estate LLC
(808) 825-6682
97 Total Sales
34 in Hilo
$125K - $1.6M Price Range
-
Suella Souki
Suella Souki
KW Big Island
(808) 437-7376
32 Total Sales
14 in Hilo
$170K - $890K Price Range
-
Kristine Berens
Kristine Berens
Coldwell Banker Island Properties - Kona
(808) 515-3551
44 Total Sales
1 in Hilo
$350,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $400,000 | 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 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 | View Prior Sale |
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $5,482 | $501,900 | $338,900 | $163,000 |
| 2025 | $5,482 | $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
-
Ainslie Schmidt
Seller's Agent in 2022
Ainslie Schmidt
RE/MAX
36 Total Sales
-
Kehaulani Stamm
KS
Buyer's Agent in 2022
Kehaulani Stamm
Hawaii Ranch & Home LLC
(808) 339-5468
39 Total Sales
-
Hank Correa
HC
Seller's Agent in 2012
Hank Correa
Better Homes and Gardens Real Estate Hank Correa Realty
(877) 500-4265
98 Total Sales
Map
Source: Hawaii Information Service (MLS Hawaii)
MLS Number: 661133
APN: 3-2-2-043-041-0000
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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