NOT LISTED FOR SALE

2120 Kaiwiki Rd Hilo, HI 96720

Estimated Value: $953,000 - $1,658,000

3 Beds
2 Baths
2,576 Sq Ft
$542/Sq Ft Est. Value

Last Sold November 29, 2016

Last sale price $355,000 $138 Per Sq Ft

Est. 293% increase in value since last sale

Current estimated payment $8,148/month

Highlights

  • Gentle Sloping Lot
  • Grass Covered Lot
  • Carpet

About This Home

As of November 2016

Enjoy refreshingly cooler days & nights in a great Kaiwiki neighborhood offering quiet and privacy. Located off a paved road with county water, only 10 minutes from downtown Hilo.

Original 3-bedroom/2-bath home built in 1945 is a great project for a contractor or DIY fixer & as it will require some TLC, but holds huge upside potential. Finished basement offers additional living area. The attached Farm Shed for packing & storage with enclosed 12X17 for office space and 1 full bath was added in 1992.

Over four acres of prime ag land formerly farmed by the University of Hawaii, offers great potential and opportunity for crop production, livestock and more.

Original home does show signs of termite infestation. Please use “AS-IS” Addendum. No TIR / fumigation at Seller’s expense.

Last Agent to Sell the Property

Linda Kaeo

Iokua Real Estate Brokerage Phone: 8089900481 License #RS-60549 Listed on: 11/29/2016

Last Buyer's Agent

Julie Cox

Nathalie Mullinix Realty Universal, Inc. License #RS-75331

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $351

Year Built

  • Built in 1945

Lot Details

  • Property fronts a county road
  • Gentle Sloping Lot
  • Grass Covered Lot
  • Property is zoned A-5A

Parking

  • Covered Parking

Interior Spaces

  • 2,576 Sq Ft Home
  • 2-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cesspool
  • Internet Available
  • Phone Available

Community Details

  • Kaiwiki Homesteads I & Ii Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 3260100630000

Home Details

Home Type

Single Family

Est. Annual Taxes

$351

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • ResoLotFeatures: Grassy, See Remarks
  • Road Frontage Type: HIS Road/Street
  • ResoSecurityFeatures: None
  • Attribution Contact: 8089900481
  • Co List Office Phone: 8089616015
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: KAIWIKI HOMESTEADS I & II
  • Unit Levels: Two
  • Living Area: 2576.0
  • Property Attached Yn: No
  • Year Built: 1945
  • Tax Year: 2015
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Dail up only, DSL, Satellite
  • HIS_Easement: None
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Flooring: Carpet
  • Total Bathrooms: 2
  • Design: Single Wall

Exterior Features

  • Topography: Gentle Slope
  • Waterfront: No
  • Roads: County, Paved

Garage/Parking

  • Parking Features: Covered

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: A-5A
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3260100630000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 351.0
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2020
Sold by
Vares Clinton A and Vares Vicki L
Bought by
Vares Clinton A and Vares Vicki L
Current Estimated Value
$1,396,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2013
Sold by
Vares Clinton A and Vares Vicki L
Bought by
Vares Clinton A and Vares Vicki L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.27%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Vares Clinton A -- Fam
Vares Clinton A -- Fam
Vares Clinton A -- Fam
Vares Clinton A -- Fam
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Vares Clinton A $302,000
Closed Vares Clinton A $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2016 11/29/16 Sold $355,000 -1.1% $138 / Sq Ft
11/29/2016 11/29/16 Pending -- -- --
11/29/2016 11/29/16 For Sale $359,000 -- $139 / 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 $4,788 $1,024,500 $327,300 $697,200
2024 $4,788 $994,700 $327,300 $667,400
2023 $4,771 $965,700 $327,300 $638,400
2022 $4,782 $937,600 $327,300 $610,300
2021 $4,491 $910,300 $327,300 $583,000
2020 $4,328 $883,800 $312,200 $571,600
2019 $4,247 $870,500 $311,200 $559,300
2018 $2,541 $593,100 $311,200 $281,900
2017 $1,257 $293,000 $13,400 $279,600
2016 $1,381 $286,600 $13,400 $273,200
2015 -- $265,900 $13,200 $252,700
2014 -- $211,300 $13,200 $198,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 296736

Hawaii Information Service (MLS Hawaii)

APN: 3-2-6-010-082-0000