NOT LISTED FOR SALE

31 Luana Way Hilo, HI 96720

Estimated Value: $654,717 - $698,000

3 Beds
2 Baths
1,722 Sq Ft
$396/Sq Ft Est. Value

Last Sold June 15, 2021

Last sale price $480,000 $279 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,755/month

279 Days on Market

Highlights

  • Wood Flooring
  • Garden View
  • Interior Lot
  • Ernest Bowen de Silva Elementary School Rated A-
  • Attached Garage
  • 1-Story Property

About This Home

As of June 2021

Please see the 3D virtual tour as well as walkthrough video of this property - you can walk-through the home in full 3D!

Charming classic architectural details with luxurious modern upgrades. This 3 bedroom/2 bath Hilo home has a huge 'bonus' room and is ideally located near Hilo Medical Center, in the sought-after DeSilva school district! The home has not been occupied since the renovation, and is cleaned between showings.

In the chef’s kitchen you'll find new granite counters, new soft-close cabinets, new Whirlpool refrigerator, dishwasher, range, and microwave. The entire interior is freshly painted, new lighting is installed, and there are new fans in all bedrooms and the living room. The bathrooms have been renovated with new Moen faucets, porcelain and marble showers, Moen shower fixtures, new bathroom cabinets, mirrors, countertops, toilets, and a frameless glass shower. The original hardwood floors, found throughout the home, have been restored. Locally grown ornamental native Ohia wood posts contribute to the classic character.

In addition to the 3 bedrooms there is a large bonus room with a wet bar, full sized sink & quartz countertop, new porcelain tile flooring, and new cabinets and another Whirlpool refrigerator. This room has direct access to the outside, and would be perfect for a home-office, recreation or craft room, guest quarters or an extra bedroom. County records reflect 4 bedrooms, 2 bathrooms. The outside area adjacent to the bonus room is covered outdoor living space. Other "extras" in this upgraded home include new a GE washer & dryer, a new hallway storage & shoe cabinet, & a 2 car carport with closet storage.

This home is located on a 17,000 sf lot with a stacked stone perimeter wall and mature, bearing fruit trees. Minutes to Hilo Medical Center, UH-Hilo, and De Silva Elementary School.

Property was surveyed in July 2019 with no encroachments, and tented for termites. Termite warranty through August 2021

Last Agent to Sell the Property

Kona Moran

Hilo Brokers Ltd Brokerage Phone: 8089361877 License #RB-22314 Listed on: 07/08/2020

Last Buyer's Agent

Colleen Dunlap

Aloha Sotheby's Intl Realty - Hawai'i License #RS-81546

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,816

Year Built

  • Built in 1961 | Remodeled

Lot Details

  • Property fronts a county road
  • Stone Wall
  • Interior Lot
  • Level Lot
  • Grass Covered Lot
  • Property is zoned RS-10

Interior Spaces

  • 1,722 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Garden Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • 2 Carport Spaces

Utilities

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

Community Details

  • Ponahawai Homesteads Kaumana Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 3250120460000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,816

Year Built

Built in 1961 | Remodeled

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Stone
  • ResoLotFeatures: Grassy, Interior Lot
  • Road Frontage Type: HIS Road/Street
  • Attribution Contact: 8089361877
  • Co List Office Phone: 8089699400
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: PONAHAWAI HOMESTEADS - KAUMANA
  • Elevation: 490
  • Carport Spaces: 2.0
  • Unit Levels: One
  • Living Area: 1722.0
  • Property Attached Yn: No
  • Year Built: 1961
  • Tax Year: 2018
  • HIS_PoolYN: No
  • Unit Description: Single Family Home, Single Level
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable, Wireless
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 2
  • Flooring: Hardwood, Other
  • Total Bathrooms: 2
  • Design: Remodeled, Single Wall

Exterior Features

  • Topography: Fairly Level,Gentle Slope
  • View: Garden
  • Waterfront: No
  • Roads: County, Paved

Garage/Parking

  • Parking Features: Attached, Covered

Utilities

  • Sewer: Cesspool
  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RS-10
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3250120460000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2816.0
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2020
Closed on
Jun 8, 2021
Sold by
Lord Wade L and The Wade L Lord Revocable Livi
Bought by
Reed Robert Nelson and Reed Julie Davis
Seller's Agent
Kona Moran
Hilo Brokers Ltd
Buyer's Agent
Colleen Dunlap
Aloha Sotheby's Intl Realty - Hawai'i
List Price
$455,000
Sold Price
$480,000
Premium/Discount to List
$25,000
5.49%
Current Estimated Value
$681,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,929
Avg. Annual Appreciation
8.38%
Original Mortgage
$148,000
Outstanding Balance
$112,623
Interest Rate
2.3%
Mortgage Type
New Conventional
Estimated Equity
$564,787

Purchase Details

Listed on
Dec 3, 2018
Closed on
Aug 2, 2019
Sold by
Hatada Orrin L and Hatada Lynn B S
Bought by
Lord Wade L and Wade L Lord Revocable Living Trust
Seller's Agent
Keith Iwamoto
Century 21 Homefinders of Hawaii
Buyer's Agent
Kona Moran
Hilo Brokers Ltd
List Price
$398,500
Sold Price
$340,000
Premium/Discount to List
-$58,500
-14.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.49%
Original Mortgage
$222,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 23, 2015
Sold by
Hatada Orrin Lee and Hatada Lynn Bow Shim
Bought by
Orrin L Hatada Trust

Purchase Details

Closed on
Aug 21, 2002
Sold by
Hatada Riichi and Hatada Eiko
Bought by
Hatada Orrin Lee and Hatada Lynn Bow Shim

Purchase Details

Closed on
Mar 12, 1997
Sold by
Hatada Riichi and Hatada Lee R
Bought by
Hatada Riichi and Hatada Eiko
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
Reed Robert Nelson $480,000 Fam
Lord Wade L $340,000 Fam
Orrin L Hatada Trust -- None Available
Hatada Orrin Lee -- --
Hatada Riichi -- --
Hatada Riichi -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Robert Nelson $148,000
Previous Owner Lord Wade L $222,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2021 09/13/21 Off Market $480,000 -- --
06/15/2021 06/15/21 Sold $480,000 +5.5% $279 / Sq Ft
04/13/2021 04/13/21 Pending -- -- --
07/08/2020 07/08/20 For Sale $455,000 +33.8% $264 / Sq Ft
11/07/2019 11/07/19 Off Market $340,000 -- --
08/09/2019 08/09/19 Sold $340,000 -14.7% $197 / Sq Ft
07/02/2019 07/02/19 Pending -- -- --
12/03/2018 12/03/18 For Sale $398,500 -- $231 / 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 $1,831 $460,700 $183,900 $276,800
2024 $1,831 $447,300 $183,900 $263,400
2023 $1,829 $434,300 $183,900 $250,400
2022 $1,552 $365,500 $176,900 $188,600
2021 $3,532 $318,200 $164,900 $153,300
2020 $3,262 $293,900 $148,400 $145,500
2019 $3,286 $296,000 $143,900 $152,100
2018 $2,816 $253,700 $136,400 $117,300
2017 $2,666 $240,200 $127,400 $112,800
2016 $2,177 $216,600 $108,100 $108,500
2015 -- $203,200 $100,600 $102,600
2014 -- $201,700 $100,600 $101,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 639301

Hawaii Information Service (MLS Hawaii)

APN: 3-2-5-012-046-0000