Estimated payment $2,422/month
About This Home
Welcome to this successful income producing vacation rental. This corner unit at Wainaku Terrace is fully furnished and ready to continue its success story or become your personal haven.
Spanning 706 square feet, this 2-bedroom, 1.5-bathroom unit offers a laid-back, inviting atmosphere. The open living area flows into a enclosed lanai, adding an extra 100 square feet to enjoy lush views and the soothing sounds of a nearby stream. The Main Bedroom Suite features a full bath, a spacious walk-in closet, and a newly updated tub-shower. The Spare Bedroom is equally comfortable, with a deep closet and easy access to the guest half bath.
Residents and guests can enjoy a pool area perfect for relaxing or entertaining. The $741.96 monthly maintenance fee covers essentials like Wi-Fi, cable, water, sewer, and more, ensuring a hassle-free experience. Plus, a resident manager is on-site to keep everything running smoothly.
Just blocks from Hilo's Bayfront, this unit is perfectly located for guests to enjoy shopping, dining, and local attractions. Whether you're looking to expand your rental portfolio or find a serene retreat, this property offers both tranquility and convenience.
Some items in the photos are for staging, but an inventory will be provided during the inspection. Don’t miss out on this thriving investment in a tropical paradise!
This property is booked heavily throughout the year, so please allow a minimum of 48 hours notice for showing requests. By appointment only. Please do not disturb guests.
Listing Agent
COMPASS Brokerage Phone: 8089388378 License #RS-66844 Listed on: 01/28/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,767
Year Built
- Built in 1973
HOA Fees
- $742 Monthly HOA Fees
Parking
- Assigned Parking
Home Design
- 706 Sq Ft Home
Kitchen
- Range with Range Hood
- Microwave
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
Utilities
- Phone Available
- Cable TV Available
Additional Features
- In Ground Pool
- Property fronts a county road
Listing and Financial Details
- Assessor Parcel Number 3260050100007
- $47 Monthly special tax assessment
Community Details
Overview
- Wainaku Terrace Community
- Puueo Subdivision
Pet Policy
- Pets Allowed
Map
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 | $2,767 | $236,500 | $7,700 | $228,800 |
| 2024 | $2,767 | $236,500 | $7,700 | $228,800 |
| 2023 | $2,590 | $221,400 | $7,500 | $213,900 |
| 2022 | $1,995 | $170,500 | $6,000 | $164,500 |
| 2021 | $1,748 | $149,400 | $6,000 | $143,400 |
| 2020 | $1,580 | $135,000 | $6,000 | $129,000 |
| 2019 | $1,418 | $121,200 | $6,000 | $115,200 |
| 2018 | $1,090 | $93,200 | $6,000 | $87,200 |
| 2017 | $1,090 | $93,200 | $6,000 | $87,200 |
| 2016 | $1,011 | $93,200 | $6,000 | $87,200 |
| 2015 | $865 | $81,200 | $6,000 | $75,200 |
| 2014 | $865 | $70,700 | $6,000 | $64,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/23/2025 07/23/25 | Price Changed | $275,000 | -1.8% | $390 / Sq Ft | |
| 01/28/2025 01/28/25 | For Sale | $280,000 | +12.0% | $397 / Sq Ft | |
| 10/02/2024 10/02/24 | Off Market | $250,000 | -- | -- | |
| 04/19/2023 04/19/23 | Sold | $250,000 | 0.0% | $354 / Sq Ft | View Prior Sale |
| 04/19/2023 04/19/23 | Off Market | $250,000 | -- | -- | |
| 02/09/2023 02/09/23 | For Sale | $249,000 | +178.2% | $353 / Sq Ft | |
| 02/22/2017 02/22/17 | Sold | $89,500 | 0.0% | $127 / Sq Ft | View Prior Sale |
| 01/03/2017 01/03/17 | Pending | -- | -- | -- | |
| 12/20/2016 12/20/16 | For Sale | $89,500 | -- | $127 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Tge | |
| Deed | $89,500 | Tg | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $68,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $160,000 | New Conventional | |
| Previous Owner | $71,600 | New Conventional |
Source: Hawaii Information Service (MLS Hawaii)
MLS Number: 717411
APN: 3-2-6-005-010-0007
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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