$1,799,000
SOLD MAR 28, 2025

272 Kaiulani St Hilo, HI 96720

4 Beds
4.5 Baths
2,687 Sq Ft
0.34 Acres

Recently Sold

$670 Per Sq Ft

2% Below List Price

8 Days on Market

Highlights

  • Pool and Spa
  • River View
  • Home Office
  • Waterfall on Lot
  • Vaulted Ceiling
  • Attached Garage

About This Home

As of March 2025

Welcome to your slice of paradise nestled right at the edge of the Wailuku River, mere minutes from the historic charm of Old Hilo town. Explore the enchanting allure of Reed’s Island, once known as "Koloiki," where local lore suggests it was a favored playground of Hawaiian Alii. Immerse yourself in the rich history of this verdant sanctuary, where whispers of royal visits mingle with the rustle of the surrounding rainforest.
Step into a home that seamlessly blends modern luxury with the rich history of its surroundings. This 4-bedroom, 4-full, and 1-half bath sanctuary has undergone a complete transformation, boasting state-of-the-art systems and meticulous attention to detail. Professionally designed and furnished by local interior designer Jennifer Voit, this masterpiece invites you to indulge in sleek sophistication at every turn.
Embrace the essence of energy efficient and light-filled living spaces, and locally crafted cabinetry and accents where every corner exudes a sense of ease, earth, and elegance. From the moment you enter, you'll be captivated by the slick and sexy island design that defines this remarkable residence.
Imagine waking up to the gentle sounds of the river, surrounded by the verdant beauty of a tropical rainforest, yet just a mile upstream from the vibrant pulse of Hilo Bay. Here, history meets contemporary comfort, providing a lifestyle that is both serene and exhilarating. And don't forget to feast your eyes upon the dramatic and awe-inspiring views of the Reed's Island gulch and the tranquil flow of the Wailuku River, adding an extra layer of enchantment to your daily sanctuary.

Additional highlights:
24 Photovoltaic panels-owned
Locally hand crafted cabinetry and staircase
PRIME riverside location
Gated entry
Gym space and equipment
“State-of-the-art” materials from fencing to decking, appliances, furnishings and home systems.

Last Agent to Sell the Property

Megan MacArthur

Aloha Sotheby's Intl Realty - Hawai'i Brokerage Phone: 8088955748 License #RB-20289 Listed on: 02/03/2025

Last Buyer's Agent

Elizabeth Quesenbery

eXp Realty License #RS-85796

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,684

Year Built

  • Built in 1986 | Remodeled

Lot Details

  • River Front
  • Property fronts a county road
  • Landscaped
  • Level Lot
  • Property is zoned RS-15

Parking

  • Attached Garage

Interior Spaces

  • 2,687 Sq Ft Home
  • Vaulted Ceiling
  • Blinds
  • Home Office
  • River Views

Kitchen

  • Oven
  • Induction Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Pool and Spa
  • Waterfall on Lot

Utilities

  • Zoned Heating and Cooling
  • Septic Tank
  • Private Sewer
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • Reeds Island Subdivision

Listing and Financial Details

  • Tax Lot G-1
  • Assessor Parcel Number 3230150210000

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,684

Year Built

Built in 1986 | Remodeled

Lot Details

0.34 Acres

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Other
  • Road Frontage Type: River
  • ResoLotFeatures: Landscaped, Rim Lot
  • ResoSecurityFeatures: Fire Sprinkler System, Smoke Detector(s)
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: REEDS ISLAND
  • Reso Interior Features: High Ceilings, Office, Vaulted Ceilings
  • Living Area: 2687.0
  • Property Attached Yn: Yes
  • Reso Window Features: Blinds
  • Year Built: 1986
  • Tax Year: 2023
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • Land Tenure: Fee Simple
  • HIS_SolidWasteDisposal: Private Contractor
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: DSL, Wireless
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Induction Cooktop, Microwave, Oven, Refrigerator, Washer
  • Total Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Flooring: Ceramic Tile, Laminate
  • Design: Other (remarks), Remodeled

Exterior Features

  • Topography: Fairly Level
  • View: HIS Waterfall, River
  • Pool Features: Pool/Spa Combo
  • Waterfront: No
  • Exterior Features: Lightning
  • Roads: County

Garage/Parking

  • Parking Features: Attached, Covered

Utilities

  • Cooling: HIS Air Conditioning, Zoned
  • Heating: Zoned
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Phone Available

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RS-15
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3230150210000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 14684.19
  • Tax Lot: G-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2025
Closed on
Mar 17, 2025
Sold by
Corson Daniel P
Bought by
Underill Juliet A and Underill Robert W
Seller's Agent
Megan MacArthur
Aloha Sotheby's Intl Realty - Hawai'i
Buyer's Agent
Elizabeth Quesenbery
eXp Realty
List Price
$1,835,000
Sold Price
$1,799,000
Premium/Discount to List
-$36,000
-1.96%
Views
27
Current Estimated Value
$1,880,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,040
Avg. Annual Appreciation
5.13%

Purchase Details

Closed on
Jul 28, 2010
Sold by
Richard Kenneth L
Bought by
Corson Daniel P

Purchase Details

Closed on
Jan 15, 2010
Sold by
Garcao Antonio Carlos
Bought by
Richard Kenneth L

Purchase Details

Closed on
May 27, 2009
Sold by
Richard Kenneth L
Bought by
Richard Kenneth L and Garcao Antonio Carlos

Purchase Details

Closed on
Aug 22, 2007
Sold by
Yamamoto Yoshiteru
Bought by
Richard Kenneth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 2004
Sold by
Richard Kenneth L and Yamamoto Yoshiteru
Bought by
Richard Kenneth L and Yamamoto Yoshiteru

Purchase Details

Closed on
Dec 13, 2001
Sold by
Bolkan Earl D and Bolkan Barbara A
Bought by
Richard Kenneth L and Yamamoto Yoshiteru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 16, 1995
Sold by
Kunitake Jon
Bought by
Bolkan Earl D and Bolkan Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,500
Interest Rate
9.03%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Type Sale Price Title Company
Warranty Deed -- Title Guaranty
Warranty Deed $584,000 Fam
Quit Claim Deed $200 None Available
Quit Claim Deed $200 None Available
Warranty Deed $300,000 Tg
Interfamily Deed Transfer $100,000 --
Warranty Deed $290,000 --
Warranty Deed $32,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $519,000 Purchase Money Mortgage
Previous Owner $261,000 Purchase Money Mortgage
Previous Owner $25,500 Seller Take Back
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2025 03/28/25 Sold $1,799,000 -2.0% $670 / Sq Ft
02/03/2025 02/03/25 For Sale $1,835,000 -- $683 / Sq Ft
Source: Hawaii Information Service (MLS Hawaii)

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 $15,522 $1,482,000 $318,800 $1,163,200
2024 $15,522 $1,398,400 $318,800 $1,079,600
2023 $14,684 $1,322,900 $318,800 $1,004,100
2022 $14,684 $1,322,900 $318,800 $1,004,100
2021 $10,463 $942,600 $275,300 $667,300
2020 $6,860 $618,000 $153,000 $465,000
2019 $6,460 $582,000 $153,000 $429,000
2018 $6,186 $557,300 $153,000 $404,300
2017 $6,067 $546,600 $153,000 $393,600
2016 $5,664 $563,600 $153,000 $410,600
2015 $4,757 $553,000 $180,000 $373,000
2014 $4,757 $554,500 $180,000 $374,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 717990

Hawaii Information Service (MLS Hawaii)

APN: 3-2-3-015-021-0000

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