NOT LISTED FOR SALE

271 Kaiulani St Hilo, HI 96720

Estimated Value: $655,122 - $1,369,000

4 Beds
4.5 Baths
2,001 Sq Ft
$496/Sq Ft Est. Value

Last Sold September 20, 2018

Last sale price $770,000 $385 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $5,765/month

432 Days on Market

Highlights

  • Waterfall on Lot
  • Wooded Lot
  • Detached Garage
  • Hilly Lot
  • Wood Flooring
  • Shutters

About This Home

As of September 2018

MIKATAKI/MIKAMIZU is very successful vacation rental on Reeds Island. Walk down to private pond, from mauka spring, swimming hole, with waterfall, beautiful. the Mikataki is 4brm 3 bath home and carport has been converted into separate MIKAMIZU 1brm 1bth approx 500 sf vacation rental (note there were no permits obtained for this addition, it has been there for years, but is sold AS IS with regards to permits for same) TOTAL GROSS RENTALS 2014 $109K, 2015 $104K, 2016 $99K

HARDWOOD BEAUTY, CUSTOM DESIGN, EACH BEDROOM HAS ITS OWN MOTIFF, COMES TURN KEY, fully furnished, all dishes linens, appliances, everything you need to continue the vacation rental business. Showings and sale must honor future books. Truly a unique, exquisite, one of a kind offering on exclusive Reeds Island local.

Last Agent to Sell the Property

Terry Schoneberg

Sunrise Properties LLC Brokerage Phone: 8088954905 License #RB-10209 Listed on: 05/24/2017

Last Buyer's Agent

Gloria Kobayashi

Ray Kobayashi Jr REALTOR License #RB-10202

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,546

Year Built

  • Built in 1961

Lot Details

  • Home fronts a stream
  • Property fronts a county road
  • Street terminates at a dead end
  • Wood Fence
  • Chain Link Fence
  • Hilly Lot
  • Wooded Lot
  • Property is zoned RS-15

Home Design

  • Wood Frame Construction

Interior Spaces

  • 2,001 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Shutters
  • Blinds

Kitchen

  • Indoor Grill
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • Driveway
  • Assigned Parking

Outdoor Features

  • Waterfall on Lot

Utilities

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

Community Details

  • Reeds Island Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 1-B
  • Assessor Parcel Number 3230150120000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,546

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Business Type: Other
  • Reso Fencing: Chain Link, Wood
  • Road Frontage Type: Stream/Canal
  • ResoLotFeatures: Dead End, See Remarks, Wooded
  • Total Gross Income: 100000.0
  • Attribution Contact: 8088954905
  • Co List Office Phone: 8089354743
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: REEDS ISLAND
  • Unit Levels: One
  • Living Area: 2001.0
  • Reso Window Features: Blinds, Shutters
  • Year Built: 1961
  • Tax Year: 2016
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable, DSL
  • HIS_Easement: Driveway, Other (remarks)
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Indoor Grill, Microwave, Other, Range, Range Hood, Refrigerator, Washer
  • Total Bedrooms: 4
  • Fireplace Features: Decorative
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Flooring: Ceramic Tile, Hardwood
  • Total Bathrooms: 4
  • Design: Wood Frame

Exterior Features

  • Topography: Hilly
  • View: HIS Waterfall
  • Waterfront: No
  • Roads: County, Paved

Garage/Parking

  • Parking Features: Assigned, Detached

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-15
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3230150120000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5546.0
  • Tax Lot: 1-B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2013
Sold by
Phanucharas Noi and Phillips Jamie
Bought by
Niday Tyler C
Current Estimated Value
$992,781

Purchase Details

Closed on
May 27, 2005
Sold by
Gordon Hugh Ellis
Bought by
Phanucharas Noi and Phillips Jamie
Source: Public Records

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
Niday Tyler C $97,500 Tg
Phanucharas Noi $185,000 Itc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2018 12/19/18 Off Market $770,000 -- --
09/20/2018 09/20/18 Sold $770,000 -19.7% $385 / Sq Ft
07/30/2018 07/30/18 Pending -- -- --
05/24/2017 05/24/17 For Sale $959,000 -- $479 / 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 $6,018 $564,400 $207,200 $357,200
2024 $6,018 $542,200 $207,200 $335,000
2023 $5,758 $518,700 $207,200 $311,500
2022 $5,758 $518,700 $207,200 $311,500
2021 $4,853 $437,200 $178,900 $258,300
2020 $3,915 $352,700 $99,500 $253,200
2019 $3,731 $336,100 $99,500 $236,600
2018 $2,631 $237,000 $99,500 $137,500
2017 $1,104 $99,500 $99,500 $0
2016 $1,000 $99,500 $99,500 $0
2015 -- $117,000 $117,000 $0
2014 -- $117,000 $117,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 607313

Hawaii Information Service (MLS Hawaii)

APN: 3-2-3-015-052-0000