Estimated payment $4,956/month
Total Views
12,032
7
Beds
5
Baths
2,756
Sq Ft
$317
Price per Sq Ft
Highlights
- Ocean View
- Lanai
- Built-In Features
- Wood Flooring
- High Ceiling
- Tankless Water Heater
About This Home
**Check out the Video**
Historic Charm Meets Modern Living – Multi-Unit Property with Assumable VA Loan!
This one-of-a-kind property 4300 sqft masterfully blends timeless Japanese craftsmanship with modern updates, offering a unique opportunity for multi-generational living, hosted rentals, or income-producing units—all with the added benefit of an assumable VA loan at 2.875%!
Main Home | 4 Bed, 1.5 Bath | 1,976 Sq Ft
Authentic, Japanese tatami room built with stunning joinery and carved authentic woodwork
Arched doorways, pocket doors/windows, vintage glass knobs, original hardwood floors
Expansive kitchen with floor-to-ceiling cabinetry, formal dining & living rooms
Appliances recently updated, on-demand Renai propane water heater
Renovated upstairs bath with quality finishes
Beautiful big windows throughout provide exceptional airflow. There is generous storage throughout the home
Washer/dryer- discreetly tucked into one bedroom—ideal for a wellness room, studio, or home office
Downstairs Unit | 1 Bed 1 Bath | 1,544 Sq Ft (Furnished vacation rental with its own entrance)
Private, one bedroom apartment with a full kitchen, living room, and office
Move-in ready or continue hosting with a strong rental setup
Bright and spacious, with its own washer and dryer.
Legal 'Ohana | 2 Bed, 1 Bath | (Stand alone, furnished vacation rental with its own carport)
Full kitchen, living area, deep soaking tub
Electrical and plumbing updated or replaced upon renovation, on-demand Renai propane water heater
Office nook, pantry, and excellent ventilation
Two separate entrances, great income history with an independent electric meter.
Under the 'ohana is a 2-car carport, screened in bonus room with 1/2 bath and separate laundry facility
Additional Highlights:
Brand new roof on main home and carport (2024)
There are two carports, 400 sqft each. There is room for parking for up to 8 vehicles
Listing Agent
Coldwell Banker Island Properties - Hilo Brokerage Phone: 3039745742 License #RS-84495 Listed on: 05/12/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,761
Year Built
- Built in 1936
Lot Details
- Lot Dimensions are 200 x 100
- Property fronts a county road
- Stone Wall
- Chain Link Fence
- Landscaped
- Level Lot
- Grass Covered Lot
- Property is zoned RS-7.5
Parking
- 4 Carport Spaces
Property Views
- Ocean
- City
Home Design
- Wood Frame Construction
Interior Spaces
- 2,756 Sq Ft Home
- 2-Story Property
- Built-In Features
- High Ceiling
- Fire and Smoke Detector
- Stacked Washer and Dryer
Kitchen
- Oven
- Range with Range Hood
- Microwave
- Disposal
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 7 Bedrooms
Outdoor Features
- Lanai
Utilities
- No Cooling
- No Heating
- Tankless Water Heater
- Gas Water Heater
- Private Sewer
- High Speed Internet
- Internet Available
- Phone Available
- Cable TV Available
Community Details
- Piihonua Houselots 3Rd Series Subdivision
Listing and Financial Details
- Tax Lot 31
- Assessor Parcel Number 3230240160000
Map
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Home Values in the Area
Average Home Value in this Area
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 | $3,761 | $573,800 | $245,300 | $328,500 |
| 2024 | $3,761 | $486,000 | $180,900 | $305,100 |
| 2022 | $4,159 | $494,700 | $210,900 | $283,800 |
| 2021 | $3,421 | $428,200 | $188,600 | $239,600 |
| 2020 | $2,957 | $383,100 | $157,200 | $225,900 |
| 2019 | $2,993 | $387,000 | $157,200 | $229,800 |
| 2018 | $0 | $357,700 | $137,200 | $220,500 |
| 2017 | $2,100 | $349,400 | $137,200 | $212,200 |
| 2016 | $2,100 | $311,200 | $137,200 | $174,000 |
| 2015 | -- | $290,000 | $132,000 | $158,000 |
| 2014 | -- | $287,600 | $132,000 | $155,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/12/2025 05/12/25 | For Sale | $875,000 | +173.4% | $317 / Sq Ft |
| 08/22/2013 08/22/13 | Sold | $320,000 | -8.3% | $116 / Sq Ft |
| 07/03/2013 07/03/13 | Pending | -- | -- | -- |
| 04/04/2013 04/04/13 | For Sale | $349,000 | -- | $127 / Sq Ft |
Source: Hawaii Information Service (MLS Hawaii)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $320,000 | Fam | |
| Commissioners Deed | $275,000 | First American Title Co Inc | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $274,500 | VA | |
| Closed | $320,000 | VA | |
| Previous Owner | $170,000 | New Conventional |
Source: Public Records
Similar Homes in Hilo, HI
Source: Hawaii Information Service (MLS Hawaii)
MLS Number: 720213
APN: 3-2-3-024-016-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Copyright 2025 MLS Hawaii, Inc. All rights reserved.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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