NOT LISTED FOR SALE

29-2272 Hanamalo Loop Hakalau, HI 96710

Hakalau Neighborhood

Estimated Value: $779,446 - $1,064,000

0.35 Acre
$2,813,891 Price per Acre
15,246 Sq Ft Lot

Last Sold May 30, 2014

Last sale price $136,000

Est. 624% increase in value since last sale

Current estimated payment $5,528/month

574 Days on Market

Highlights

  • Ocean View
  • Stone Wall
  • Grass Covered Lot
  • Corner Lot

About This Lot

As of May 2014

Over 1/3 acre home site with a beautiful ocean view. Located just 2 blocks from the ocean on the very desirable Hamakua coast, this Hakalau lot gives you that Hawaiian country feel yet is located just 12 miles from Downtown Hilo. This area is known for its super-clean air brought in by the comfortable tradewinds, rich soil and lush tropical landscape.

The site is just a short "end of the block" walk to the Hakalau River and Ocean Park entrance. HELCO Power, cable, phone and municipal water are all nearby. This lot is surrounded by some very nice newer homes in the area and may be just the spot for your new home or a good investment for the future. See the virtual tour for high resolution photos or ask your agent for a link. Mapping coordinates: 19.89718,-155.12683 – Photography (c)IslandView360.com

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,233

Lot Details

  • Property fronts a private road
  • Property fronts a county road
  • Stone Wall
  • Corner Lot
  • Level Lot
  • Grass Covered Lot
  • Property is zoned RS-7.5

Property Views

  • Ocean Views

Utilities

  • Sewer Not Available
  • Private Sewer
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • Hakalau Plantation Village Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 3290060040000

Property Details

Property Type

Land

Est. Annual Taxes

$1,233

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub-Type: HIS Vacant Land
  • Reso Fencing: Stone
  • ResoLotFeatures: Corner Lot, Grassy
  • Attribution Contact: 8088545999
  • Co List Office Phone: 8083292601
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: HAKALAU PLANTATION VILLAGE SUBDIVISION
  • Elevation: 165
  • Tax Year: 2011
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Private Contractor
  • HIS_InternetAccess: Cable, DSL, Satellite, Wireless
  • HIS_Easement: Electric
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Topography: Fairly Level
  • View: Ocean
  • Waterfront: No
  • Roads: County, Paved, Private

Utilities

  • Sewer: None
  • Utilities: Cable Available, Other, Phone Available
  • Water Source: Other

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RS-7.5
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3290060040000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1233.0
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2015
Sold by
Patten Merrick Frank and Patten Megan Marie Arban
Bought by
Patten Merrick Frank and Patten Megan Marie Arban
Current Estimated Value
$984,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,000
Outstanding Balance
$274,383
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$710,479

Purchase Details

Listed on
Jun 21, 2012
Closed on
May 23, 2014
Sold by
Collins James Lawton and Collins Janet Ann
Bought by
Patten Merrick Frank and Arban Patten Megan Marie
List Price
$157,000
Sold Price
$136,000
Premium/Discount to List
-$21,000
-13.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.22%
Original Mortgage
$349,600
Interest Rate
4.23%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 17, 2009
Sold by
Sockol Joseph Charles and Sockol Cynthia Kay
Bought by
Collins James Lawton and Collins Janet Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
4.88%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 23, 2007
Sold by
Helms Summer Heather
Bought by
Sockol Joseph Charles and Sockol Cynthia Kay

Purchase Details

Closed on
Jun 15, 2005
Sold by
Hakalau Plantation Village Llc
Bought by
Helms Summer Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.87%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

Collateral Analytics

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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
Patten Merrick Frank -- Fam
Patten Merrick Frank $136,000 Fam
Collins James Lawton $120,000 Or
Sockol Joseph Charles $155,000 Tg
Helms Summer Heather $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patten Merrick Frank $358,000
Closed Patten Merrick Frank $349,600
Previous Owner Collins James Lawton $55,000
Previous Owner Helms Summer Heather $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2014 05/30/14 Sold $136,000 -13.4% --
01/16/2014 01/16/14 Pending -- -- --
06/21/2012 06/21/12 For Sale $157,000 -- --
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 $2,065 $511,200 $165,600 $345,600
2024 $2,065 $496,300 $165,600 $330,700
2023 $2,063 $481,800 $165,600 $316,200
2022 $2,139 $467,800 $165,600 $302,200
2021 $2,055 $454,200 $165,600 $288,600
2020 $1,974 $441,000 $160,000 $281,000
2019 $1,895 $428,200 $160,000 $268,200
2018 $1,819 $415,700 $144,800 $270,900
2017 $1,744 $403,600 $143,000 $260,600
2016 $1,691 $393,700 $143,000 $250,700
2015 -- $143,000 $143,000 $0
2014 -- $143,000 $143,000 $0
Source: Public Records

Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 255508

Hawaii Information Service (MLS Hawaii)

APN: 3-2-9-006-004-0000