2
Beds
1.5
Baths
706
Sq Ft
$600/mo
HOA Fee
Highlights
- In Ground Pool
- High Speed Internet
- Carpet
About This Home
As of October 2024Great Investment Opportunity in Hilo!
This condo offers a prime investment opportunity in the vibrant town of Hilo. Perfectly situated near the University of Hawaii, it presents an ideal housing option for students looking for proximity to campus and comfortable living.
Spacious and Functional Design
This condo features 2 bedrooms and 1.5 bathrooms, providing ample space for comfortable living. The layout is well-suited for accommodating students or as a long-term rental property.
Convenient Location
WAINAKU TERRACE is known for its convenient access to amenities and attractions in Hilo. From shopping and dining options to outdoor activities, residents can enjoy the best of urban convenience and natural beauty.
Investment Potential
Whether you're looking to house students during their college years or seeking a stable long-term rental income, this property offers excellent potential. The strategic location and spacious layout make it a desirable choice for investors seeking to capitalize on Hilo's growing rental market.
Don't Miss Out
Take advantage of this opportunity to own a piece of Hilo's real estate market.
Last Agent to Sell the Property
KW Big Island Brokerage Phone: 9703106330 License #RS-85589 Listed on: 06/28/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $556
Year Built
- Built in 1973
HOA Fees
- $600 Monthly HOA Fees
Parking
- Assigned Parking
Interior Spaces
- 706 Sq Ft Home
- Carpet
Kitchen
- Range with Range Hood
- Microwave
Bedrooms and Bathrooms
- 2 Bedrooms
Pool
- In Ground Pool
Utilities
- High Speed Internet
- Internet Available
- Phone Available
- Cable TV Available
Community Details
- Wainaku Terrace Community
- Puueo Subdivision
Listing and Financial Details
- Assessor Parcel Number 3260050100027
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 9, 2014
Closed on
Jul 16, 2014
Sold by
Joy Sheri
Bought by
Kikuchi Kenichiro and Kikuchi Michiko
Seller's Agent
Laura Richman
RE/MAX Properties
List Price
$99,999
Sold Price
$99,000
Premium/Discount to List
-$999
-1%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,579
Avg. Annual Appreciation
6.58%
Original Mortgage
$14,000
Outstanding Balance
$10,702
Interest Rate
4.1%
Mortgage Type
Seller Take Back
Estimated Equity
$190,249
Purchase Details
Closed on
Jul 16, 2003
Sold by
Park Darryl K and Park Sandra A
Bought by
Joy Sheri
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
5.15%
Mortgage Type
Unknown
Similar Homes in Hilo, HI
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $99,000 | Fam | |
| Deed | $52,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $14,000 | Seller Take Back | |
| Previous Owner | $42,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/18/2024 10/18/24 | Sold | $160,000 | +6.7% | $227 / Sq Ft |
| 08/15/2024 08/15/24 | Price Changed | $150,000 | -24.6% | $212 / Sq Ft |
| 07/29/2024 07/29/24 | Price Changed | $199,000 | -11.6% | $282 / Sq Ft |
| 06/28/2024 06/28/24 | For Sale | $225,000 | +127.3% | $319 / Sq Ft |
| 07/18/2014 07/18/14 | Sold | $99,000 | -1.0% | $140 / Sq Ft |
| 06/25/2014 06/25/14 | Pending | -- | -- | -- |
| 06/09/2014 06/09/14 | For Sale | $99,999 | -- | $142 / Sq Ft |
Source: Hawaii Information Service (MLS Hawaii)
Tax History Compared to Growth
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 | $200 | $109,100 | $6,000 | $103,100 |
| 2024 | $200 | $105,900 | $6,000 | $99,900 |
| 2023 | $200 | $102,800 | $6,000 | $96,800 |
| 2022 | $200 | $99,800 | $6,000 | $93,800 |
| 2021 | $200 | $96,900 | $6,000 | $90,900 |
| 2020 | $200 | $94,100 | $6,000 | $88,100 |
| 2019 | $100 | $91,400 | $6,000 | $85,400 |
| 2018 | $200 | $88,700 | $6,000 | $82,700 |
| 2017 | $200 | $86,100 | $6,000 | $80,100 |
| 2016 | $100 | $83,600 | $6,000 | $77,600 |
| 2015 | $865 | $81,200 | $6,000 | $75,200 |
| 2014 | $865 | $70,700 | $6,000 | $64,700 |
Source: Public Records
Agents Affiliated with this Home
-
Kiki Williamson
K
Seller's Agent in 2024
Kiki Williamson
KW Big Island
(970) 310-6330
2 in this area
14 Total Sales
-
Jade Halama
Buyer's Agent in 2024
Jade Halama
Hokulani Realty LLC
(808) 439-9433
32 in this area
271 Total Sales
-
Laura Richman
Seller's Agent in 2014
Laura Richman
RE/MAX
2 in this area
15 Total Sales
Map
Source: Hawaii Information Service (MLS Hawaii)
MLS Number: 711682
APN: 3-2-6-005-010-0027
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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