NOT LISTED FOR SALE

378 Akolea Rd Hilo, HI 96720

Estimated Value: $506,916

6.83 Acres
$74,219 Price per Acre
297,515 Sq Ft Lot

Last Sold October 13, 2023

Last sale price $450,000

Est. 13% increase in value since last sale

Current estimated payment $2,704/month

5 Days on Market

Highlights

  • Ocean View
  • Lot Has A Rolling Slope
  • Grass Covered Lot
  • Ka'umana Elementary School Rated 9+

About This Lot

As of October 2023

Discover the essence of Hawaiian paradise on this 6.83-acre vacant parcel located on Akolea Road in Hilo, Hawaii. This remarkable property, characterized by its cleared pasture land, offers an ideal canvas for your vision. With several building sites that capture mesmerizing ocean vistas, you can create your dream home while relishing the beauty of the Pacific coastline. This slice of paradise guarantees privacy, yet it boasts essential modern amenities, including access to electricity, county water, and high-speed internet (buyer to verify)
Enveloped in a serene and natural setting, this property is your ticket to a tranquil lifestyle in Hilo, where you can escape the hustle and bustle of city life. In your free time, explore the nearby town of Hilo, renowned for its charming shops, delightful restaurants, and rich cultural offerings. Venture further to uncover the island's captivating natural wonders, including waterfalls, enchanting rainforests, and picturesque black sand beaches. For outdoor enthusiasts, opportunities abound for hiking, snorkeling, and surfing, ensuring an active and adventurous island lifestyle.
Seize this rare opportunity to own a substantial piece of paradise on the Big Island, where you can turn your dreams into reality. Whether you envision an exquisite private estate, a serene hobby farm, or an island retreat, this property on Akolea Road promises an unparalleled Hawaiian experience.

Last Agent to Sell the Property

Howard Meguro

Coldwell Banker Island Properties - Hilo Brokerage Phone: 8088962549 License #RB-22392 Listed on: 09/06/2023

Last Buyer's Agent

Misti Tyrin

Iokua Real Estate License #RB-22375

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $200

Lot Details

  • Property fronts a county road
  • Flag Lot
  • Lot Has A Rolling Slope
  • Grass Covered Lot
  • Property is zoned A-5A

Property Views

  • Ocean
  • Pasture

Utilities

  • Sewer Not Available

Community Details

  • Ponahawai, Kaumana, Kukuau 2Nd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3250061630000

Property Details

Property Type

Land

Est. Annual Taxes

$200

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub-Type: HIS Vacant Land
  • ResoLotFeatures: Flag Lot, Grassy
  • Attribution Contact: 8088962549
  • Co List Office Phone: 8089697863
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: PONAHAWAI, KAUMANA, KUKUAU 2ND
  • Tax Year: 2022
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_Easement: Cable, Electric, Ingress/Egress, Telephone, Water
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Exterior Features

  • Topography: Gentle Slope,Rolling Terrain
  • View: HIS Sunrise, Ocean, Ocean Horizon, Pasture
  • Waterfront: No
  • Roads: County, Paved

Utilities

  • Cooling: Cash
  • Sewer: None
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: A-5A
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3250061630000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 200.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2023
Closed on
Sep 28, 2023
Sold by
Hintze Family Trust
Bought by
Kelii Vaughn Shigeru and Kai Hoopai Kelii Kiikaleaopohakulani
Seller's Agent
Howard Meguro
Coldwell Banker Island Properties - Hilo
Buyer's Agent
Misti Tyrin
Iokua Real Estate
List Price
$425,000
Sold Price
$450,000
Premium/Discount to List
$25,000
5.88%
Current Estimated Value
$506,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,916
Avg. Annual Appreciation
6.23%
Original Mortgage
$405,000
Interest Rate
7.18%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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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
Kelii Vaughn Shigeru -- Tge
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelii Vaughn Shigeru $405,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2024 09/24/24 Off Market $450,000 -- --
10/13/2023 10/13/23 Sold $450,000 +5.9% --
09/11/2023 09/11/23 Pending -- -- --
09/06/2023 09/06/23 For Sale $425,000 -- --
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 $200 $2,500 $2,500 --
2024 $200 $2,500 $2,500 --
2023 $200 $2,500 $2,500 $0
2022 $200 $2,500 $2,500 $0
2021 $200 $2,500 $2,500 $0
2020 $200 $2,500 $2,500 $0
2019 $200 $2,500 $2,500 $0
2018 $200 $2,500 $2,500 $0
2017 $200 $2,500 $2,500 $0
2016 $100 $2,500 $2,500 $0
2015 -- $2,500 $2,500 $0
2014 -- $2,500 $2,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 703307

Hawaii Information Service (MLS Hawaii)

APN: 3-2-5-006-163-0000