NOT LISTED FOR SALE

27-797 Kaieie Rd Unit 1 Papaikou, HI 96781

Estimated Value: $883,000 - $1,079,000

3 Beds
2 Baths
2,348 Sq Ft
$420/Sq Ft Est. Value

Last Sold September 18, 2023

Last sale price $929,000 $396 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,509/month

195 Days on Market

Highlights

  • Ocean View
  • Garage
  • Landscaped
  • River Front
  • Home fronts a stream
  • Level Lot

About This Home

As of September 2023

Nestled within the slopes of Mauna Kea along the highly preferred Hamakua Coast of the Big Island of Hawaii, and at an elevation of approximately 1,000 feet, this lovely 2-story, renovated plantation style house with ocean views experiences the cool breezes of the ocean trade winds during the day, and the downward mauna winds during the evening. Enjoy the outer country setting of Papaikou, and the convenience of being 15 minutes from historic Old Downtown Hilo The property is in a quiet, safe, neighborhood; includes an electric gate for added security and privacy.

The main living area is located on the upper level of the house where you’ll find three bedrooms, one bath with walk-in shower; as you enter the front door, you are welcomed with large windows in the living room and an open concept design which includes the kitchen, dining, living areas, along with an adjacent deck overlooking a beautifully landscaped yard of ornamental plants and flowers, and an orchard of a variety of forty-plus mature fruit trees. The house receives the morning sunrise over the ocean’s horizon, and the orientation of the house and windows provide a comfortable flow of air through the house. There is a wood burning stove to provide a warm ambience during the cool winter nights.

Downstairs offers separate living quarters outfitted with one bedroom, one bathroom with a large walk-in shower, a kitchenette and private entrance.
Careful maintenance and the due diligence of the seller has kept this 1950's home in tip top shape.

Please allow overnight notice for showing requests. Buyers and Sellers agent must be present for all showings.

Last Agent to Sell the Property

Donna Duryea

COMPASS Brokerage Phone: 8089874511 License #RS-62459 Listed on: 01/18/2023

Co-Listed By

Loki Vares

eXp Realty Brokerage Phone: 8089874511 License #RS-82571

Last Buyer's Agent

Joy Dillon

Mary Begier Realty License #RB-24224

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,990

Year Built

  • Built in 1956

Lot Details

  • Home fronts a stream
  • River Front
  • Property fronts a county road
  • Landscaped
  • Level Lot
  • Cleared Lot
  • Grass Covered Lot
  • Property is zoned A-10A

Parking

  • Garage

Home Design

  • Wood Frame Construction
  • Double Stud Wall
  • Tile

Interior Spaces

  • 2,348 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Carpet
  • Ocean Views
  • Gas Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Front Loading Dryer
  • Front Loading Washer

Utilities

  • No Cooling
  • No Heating
  • Electric Water Heater
  • Cesspool
  • Phone Available
  • Cable TV Available

Community Details

  • Kalolini Estates Community
  • Kaieie Homesteads Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3270060190001

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,990

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Road Frontage Type: River, Stream/Canal
  • ResoLotFeatures: Cleared, Grassy, Landscaped
  • Road Frontage Type: Road/Street
  • ResoSecurityFeatures: None
  • Co List Office Mls Id: 23206
  • Co List Office Phone: 8083785447
  • Attribution Contact: 8089874511
  • Co List Office Phone: 8083785447
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: KAIEIE HOMESTEADS
  • Unit Levels: Two
  • Living Area: 2348.0
  • Property Attached Yn: No
  • Year Built: 1956
  • Tax Year: 2022
  • HIS_PoolYN: No
  • Unit Description: Duplex, Single Family Home
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable
  • HIS_Easement: Ingress/Egress, Street Widening
  • HIS_WaterHeater: Electric
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dryer, Gas Cooktop, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Full Bathrooms: 2
  • Flooring: Carpet
  • Total Bathrooms: 2
  • Design: Double Wall, Hollow Tile, Single Wall, Wood Frame

Exterior Features

  • Topography: Fairly Level,Gentle Slope,Rolling Terrain,Steep Slope,Terraced
  • View: Ocean Horizon, Sunrise
  • Waterfront: No
  • Roads: County, Paved

Garage/Parking

  • Parking Features: Attached, Covered, Detached

Utilities

  • Cooling: None
  • Heating: None
  • Sewer: Cesspool
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Project: Kalolini Estates

Lot Info

  • Zoning: A-10A
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3270060190001

Tax Info

  • Tax Annual Amount: 5990.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2023
Closed on
Sep 12, 2023
Sold by
Kuwahara Ken
Bought by
Schuhmann Aron R and Follette Drew B
Seller's Agent
Donna Duryea
COMPASS
Buyer's Agent
Joy Dillon
Mary Begier Realty
List Price
$1,250,000
Sold Price
$929,000
Premium/Discount to List
-$321,000
-25.68%
Current Estimated Value
$985,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,672
Avg. Annual Appreciation
2.89%
Original Mortgage
$743,200
Outstanding Balance
$727,260
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$258,412

Purchase Details

Closed on
Nov 2, 2007
Sold by
Alderdice Lauren T
Bought by
Kuwahara Ken

Purchase Details

Closed on
Dec 14, 1998
Sold by
Bistrian Frank and Bistrian Carolyn Lewis
Bought by
Alderdice Lauren T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.82%
Source: Public Records

Range of Values:

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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
Schuhmann Aron R -- First American Title Of Hawaii
Kuwahara Ken $220,500 None Available
Alderdice Lauren T $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schuhmann Aron R $743,200
Previous Owner Alderdice Lauren T $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2024 10/02/24 Off Market $929,000 -- --
12/18/2023 12/18/23 Off Market $929,000 -- --
09/18/2023 09/18/23 Sold $929,000 -25.7% $396 / Sq Ft
08/01/2023 08/01/23 Pending -- -- --
01/18/2023 01/18/23 For Sale $1,250,000 -- $532 / 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 $3,390 $741,400 $385,600 $355,800
2024 $3,390 $719,800 $374,100 $345,700
2023 $5,991 $640,700 $340,100 $300,600
2022 $5,991 $640,700 $340,100 $300,600
2021 $4,997 $534,400 $283,400 $251,000
2020 $4,461 $477,100 $239,800 $237,300
2019 $2,466 $263,700 $11,000 $252,700
2018 $2,032 $217,300 $10,700 $206,600
2017 $1,990 $212,800 $10,700 $202,100
2016 $1,949 $210,700 $10,100 $200,600
2015 $971 $191,200 $10,100 $181,100
2014 $971 $192,500 $10,000 $182,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 667358

Hawaii Information Service (MLS Hawaii)

APN: 3-2-7-006-019-0001