NOT LISTED FOR SALE

231 W Lanikaula St Hilo, HI 96720

Estimated Value: $1,132,000

9 Beds
4 Baths
3,464 Sq Ft
$327/Sq Ft Est. Value

Last Sold June 25, 2019

Last sale price $710,000 $205 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $6,346/month

57 Days on Market

Highlights

  • Attached Garage
  • Waiakea High School Rated A
  • Level Lot

About This Home

As of June 2019

A conveniently located parcel with four existing older rental houses (currently occupied) situated in walking distance to the university. This property can remain as a rental or be developed with the current RM-1 zoning. The private drive way runs the length of the left boundary of the property.

Last Agent to Sell the Property

Linda Lodge

RSM Inc Brokerage Phone: 8089360688 License #RB-13921 Listed on: 02/21/2019

Last Buyer's Agent

Richard Henderson II

RSM Inc License #RB-17688

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,944

Year Built

  • Built in 1938

Lot Details

  • Property fronts a county road
  • Level Lot

Parking

  • Attached Garage

Home Design

  • 3,464 Sq Ft Home

Kitchen

  • Range

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Cesspool
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • Waiakea Cane Lots Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 3240570210000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,944

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Road Frontage Type: HIS Road/Street
  • Attribution Contact: 8089360688
  • Co List Office Phone: 8089615255
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: WAIAKEA CANE LOTS
  • Living Area: 3464.0
  • Year Built: 1938
  • Tax Year: 2018
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable, Wireless
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range, Refrigerator
  • Total Bedrooms: 9
  • Full Bathrooms: 4
  • Total Bathrooms: 4

Exterior Features

  • Topography: Fairly Level
  • Waterfront: No
  • Roads: County, Other

Garage/Parking

  • Parking Features: Attached, Covered

Utilities

  • Cooling: Cash
  • 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: RM-1
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3240570210000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2944.0
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2019
Closed on
Jun 19, 2019
Sold by
Nielsen Gregory Hall and Nielsen Cinnamon Hilda Quilausing
Bought by
Almeida Robert E
Seller's Agent
Linda Lodge
RSM Inc
Buyer's Agent
Richard Henderson II
RSM Inc
List Price
$710,000
Sold Price
$710,000
Current Estimated Value
$1,132,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$422,000
Avg. Annual Appreciation
8.11%
Original Mortgage
$790,000
Outstanding Balance
$697,477
Interest Rate
4.1%
Mortgage Type
Commercial
Estimated Equity
$458,523

Purchase Details

Closed on
Dec 24, 2002
Sold by
Ganac Butay Jr Luis Manglal Lan and Ganac Butay Belen
Bought by
Quilausing Nielsen Gregory Hall and Quilausing Nielsen Cinnamon Hilda
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
Almeida Robert E $710,000 Tg
Quilausing Nielsen Gregory Hall $355,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Almeida Robert E $500,000
Closed Almeida Robert E $350,000
Open Almeida Robert E $790,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2019 09/23/19 Off Market $710,000 -- --
06/25/2019 06/25/19 Sold $710,000 0.0% $205 / Sq Ft
04/19/2019 04/19/19 Pending -- -- --
02/21/2019 02/21/19 For Sale $710,000 -- $205 / 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 $4,417 $764,700 $266,800 $497,900
2024 $4,417 $742,400 $266,800 $475,600
2023 $4,433 $720,800 $266,800 $454,000
2022 $4,304 $699,800 $266,800 $433,000
2021 $4,178 $679,400 $266,800 $412,600
2020 $4,065 $660,900 $266,800 $394,100
2019 $2,984 $510,000 $254,100 $255,900
2018 $2,944 $478,700 $242,000 $236,700
2017 $5,493 $469,500 $242,000 $227,500
2016 $4,416 $407,000 $221,400 $185,600
2015 -- $355,100 $186,700 $168,400
2014 -- $352,400 $186,700 $165,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 623458

Hawaii Information Service (MLS Hawaii)

APN: 3-2-4-057-021-0000