NOT LISTED FOR SALE

2881 Kaiwiki Rd Hilo, HI 96720

Estimated Value: $1,626,000 - $1,815,000

5 Beds
3.5 Baths
3,733 Sq Ft
$466/Sq Ft Est. Value

Last Sold July 27, 2022

Last sale price $1,619,500 $434 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $9,730/month

9 Days on Market

Highlights

  • Ocean View
  • Vaulted Ceiling
  • Gazebo
  • Wooded Lot
  • Wood Flooring
  • Skylights

About This Home

As of July 2022

CRAFTSMAN'S PARADISE & INVESTMENT FOR THE FUTURE!!! Serenity Abounds in this Beautiful Custom Multifaceted Masterpiece Home!! This private ten acre ocean view estate has it all! Custom built main house with impeccable craftsmanship and attention to detail, efficiency dwelling, detached library, engineered photovoltaic net metered solar/electric system, workshop and stream with 10’ high waterfalls and multiple swimming holes up to 4’ deep, are just a few of the property's highlights, all less than fifteen minutes from town. The main house is truly a masterpiece with Port Orford STK Cedar T&G siding and framed in redwood. It has a lower level with two guest bedrooms, bathroom with jetted tub, walk-in shower and foyer with walkout access to covered porch, two car garage and path to gazebo library. An elegant staircase made of two tone bamboo leads to an upstairs living space with open concept living room and kitchen with cathedral ceilings . . . boasting ocean, mountain, city and pasture views in every direction. Access balconies from either side of the living room and the master bedroom suite. Oversized master bedroom has large skylight over the bed perfect for stargazing, sitting/reading area, office space, and ensuite bathroom with open air closet designed for tropical climate. Solid engineered bamboo hardwood flooring throughout and unique features provide warmth and character to this stunning home.

Guest cabin has open recreational area with wet bar and microwave, two sleeping quarters, bathroom and large back lanai with steps into the garden. Path leads to a built in staircase winding down to the river, lining one side of the property, to small waterfalls and a swimming hole. The property has over 10 varieties of subtropic hardwood timber, 1-15 years of age, planted to establish a sustainable and future marketable forested area. There is also an 800 sf workshop and gazebo library ideal for both creating and relaxing in this tropical paradise.

Last Agent to Sell the Property

Wailana Herbst

Corcoran Pacific Properties Brokerage Phone: 8087567056 License #RB-24019 Listed on: 06/08/2022

Corcoran Pacific Properties

Last Buyer's Agent

Tamarah Robinson

Coldwell Banker Island Properties - Hilo License #RS-84323

Coldwell Banker Island Properties - Hilo

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,210

Year Built

  • Built in 1982

Lot Details

  • Home fronts a stream
  • Property fronts a county road
  • Wire Fence
  • Landscaped
  • Gentle Sloping Lot
  • Wooded Lot
  • Property is zoned A-10A

Parking

  • 2 Car Attached Garage
  • 1 Carport Space

Property Views

  • Ocean
  • Bay

Home Design

  • Steel Frame
  • Double Stud Wall

Interior Spaces

  • 3,733 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Skylights
  • Drapes & Rods
  • Blinds
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Gazebo

Utilities

  • No Cooling
  • No Heating
  • Cistern
  • Cesspool
  • Private Sewer
  • Internet Available
  • Phone Available

Community Details

  • Kaiwiki Homesteads I & II Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 3260110280000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,210

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Property Sub-Type: Duplex
  • Reso Fencing: Wire
  • Road Frontage Type: Stream/Canal
  • ResoLotFeatures: Landscaped, Wooded
  • ResoSecurityFeatures: Smoke Detector(s)
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: KAIWIKI HOMESTEADS I & II
  • Elevation: 1450
  • Carport Spaces: 1.0
  • Reso Interior Features: Built-in Features, High Ceilings, Skylights, Vaulted Ceilings
  • Unit Levels: One, Two
  • Living Area: 3733.0
  • Reso Window Features: Blinds, Drapes
  • Year Built: 1982
  • Tax Year: 2021
  • HIS_PoolYN: No
  • Unit Description: Multi-Story, Single Family Home, Single Level
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_OtherBuildingArea: 356
  • HIS_SolidWasteDisposal: Private Contractor
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: DSL, Satellite
  • HIS_Easement: Ingress/Egress
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Flooring: Ceramic Tile, Hardwood
  • Design: Double Wall, Steel Frame

Exterior Features

  • Topography: Gentle Slope
  • View: Bay, HIS Sunrise, Ocean, Ocean Horizon
  • Waterfront: No
  • Other Structures: Gazebo
  • Roads: County, Paved

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Covered, None

Utilities

  • Cooling: Cash, None, Other
  • Heating: None, Other
  • Sewer: Cesspool
  • Utilities: Electricity Available, Phone Available
  • Water Source: Cistern

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: A-10A
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3260110280000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5210.0
  • Tax Lot: 3

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2022
Closed on
Jul 14, 2022
Sold by
Marie Moore Antoinette
Bought by
Minter Ronald and Minter Nadia
Seller's Agent
Wailana Herbst
Corcoran Pacific Properties
Buyer's Agent
Tamarah Robinson
Coldwell Banker Island Properties - Hilo
List Price
$1,500,000
Sold Price
$1,619,500
Premium/Discount to List
$119,500
7.97%
Current Estimated Value
$1,739,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,964
Avg. Annual Appreciation
2.14%

Purchase Details

Listed on
Dec 5, 2019
Closed on
May 11, 2020
Sold by
Schell David Gregory and Dailey Sylvia Kathleen
Bought by
Moore Antoinette Marie
Buyer's Agent
Wailana Herbst
Corcoran Pacific Properties
List Price
$997,500
Sold Price
$950,000
Premium/Discount to List
-$47,500
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.72%
Original Mortgage
$350,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2001
Sold by
Larsen Jeyte Lorna
Bought by
Schell David Gregory and Dailey Sylvia Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
7.21%
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 Buyer Sale Price Title Company
Minter Ronald -- Title Guaranty & Escrow Servic
Minter Ronald -- Title Guaranty & Escrow Servic
Moore Antoinette Marie $950,000 Tg
Schell David Gregory $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moore Antoinette Marie $350,000
Previous Owner Schell David Gregory $193,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/12/2024 10/12/24 Off Market $950,000 -- --
10/04/2024 10/04/24 Off Market $1,619,500 -- --
07/27/2022 07/27/22 Sold $1,619,500 +8.0% $434 / Sq Ft
06/17/2022 06/17/22 Pending -- -- --
06/08/2022 06/08/22 For Sale $1,500,000 +57.9% $402 / Sq Ft
08/19/2020 08/19/20 Off Market $950,000 -- --
05/21/2020 05/21/20 Sold $950,000 -4.8% $324 / Sq Ft View Prior Sale
03/21/2020 03/21/20 Pending -- -- --
12/05/2019 12/05/19 For Sale $997,500 -- $340 / 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 $7,069 $1,414,300 $558,100 $856,200
2024 $7,069 $1,373,100 $548,300 $824,800
2023 $11,630 $1,243,800 $476,800 $767,000
2022 $5,389 $996,300 $342,200 $654,100
2021 $5,211 $967,300 $342,200 $625,100
2020 $4,303 $909,600 $311,100 $598,500
2019 $4,140 $883,100 $314,800 $568,300
2018 $4,192 $891,600 $352,400 $539,200
2017 $2,974 $528,100 $2,700 $525,400
2016 $2,812 $514,000 $2,700 $511,300
2015 $2,366 $471,500 $2,700 $468,800
2014 $2,366 $472,400 $2,700 $469,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 662469

Hawaii Information Service (MLS Hawaii)

APN: 3-2-6-011-028-0000