NOT LISTED FOR SALE

38 W Palai St Hilo, HI 96720

Estimated Value: $512,389 - $672,000

0.25 Acre
$2,296,388 Price per Acre
10,890 Sq Ft Lot

Last Sold July 29, 2016

Last sale price $92,500 $162 Per Sq Ft

Est. 521% increase in value since last sale

Current estimated payment $3,344/month

150 Days on Market

Highlights

  • Level Lot
  • Waiakea High School Rated A
  • Grass Covered Lot

About This Lot

As of July 2016

The perfect spot to turn your dreams into reality. Bring your crew in and let the building begin. This lot is cleared and ready for your Hilo home. Property provides plenty of room for your pets and/or a garden and all conveniently located and in close proximity to UH Hilo, schools, shopping, dining, and medical facilities. Act fast and make this yours.

Cesspool has been filled in and leveled.
Seller will consider all serious offers.

Last Agent to Sell the Property

Annette Aiona

Iokua Real Estate, Inc. - Hilo Brokerage Phone: 8088950075 License #RB-18343 Listed on: 12/11/2015

Last Buyer's Agent

Jenni Lee

KW Big Island License #RS-69239

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,094

Year Built

  • 1951

Lot Details

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

Utilities

  • Sewer Not Available

Community Details

  • Waiakea Homestead Houselots Subdivision

Listing and Financial Details

  • Tax Lot C
  • Assessor Parcel Number 3220420550000

Property Details

Property Type

Land

Est. Annual Taxes

$1,094

Year Built

1951

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub-Type: HIS Vacant Land
  • ResoLotFeatures: Grassy
  • Attribution Contact: 8088950075
  • Co List Office Phone: 8089353222
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: WAIAKEA HOMESTEAD HOUSELOTS
  • Tax Year: 2015
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1951

Exterior Features

  • Topography: Fairly Level
  • Waterfront: No
  • Roads: County, Paved

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RS-10
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3220420550000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1094.0
  • Tax Lot: C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2019
Sold by
Vares Loki Meleana and Kauhi Tanya Yukiko
Bought by
Dasalla Jarzelle and Ramos Majamay Mahealani
Total Days on Market
150
Current Estimated Value
$574,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,751
Outstanding Balance
$303,160
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$270,937

Purchase Details

Listed on
Dec 11, 2015
Closed on
Jul 25, 2016
Sold by
Sharp Investment Group Llc
Bought by
Vares Loki Meleana and Kauhi Tanya Yukiko
Seller's Agent
Annette Aiona
Iokua Real Estate, Inc. - Hilo
Buyer's Agent
Jenni Lee
KW Big Island
List Price
$120,000
Sold Price
$92,500
Premium/Discount to List
-$27,500
-22.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.85%
Original Mortgage
$280,000
Interest Rate
3.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 18, 2014
Closed on
Feb 19, 2014
Sold by
Cho Nobille
Bought by
Sharp Investment Group Llc
Seller's Agent
Renee Hill
Hawaii Life
Buyer's Agent
Renee Hill
Hawaii Life
List Price
$89,000
Sold Price
$80,000
Premium/Discount to List
-$9,000
-10.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.18%
Original Mortgage
$70,000
Interest Rate
4.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2009
Sold by
Cho Nobilee
Bought by
Cho Nobilee
Source: Public Records

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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
Dasalla Jarzelle $345,000 Fam
Vares Loki Meleana $92,500 Tg
Sharp Investment Group Llc $80,000 Tg
Cho Nobilee -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dasalla Jarzelle $338,751
Closed Dasalla Jarzelle $338,751
Previous Owner Vares Lok Meleana $284,750
Previous Owner Vares Loki Meleana $280,000
Previous Owner Sharp Investment Group Llc $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2016 07/29/16 Sold $92,500 -22.9% $162 / Sq Ft
05/09/2016 05/09/16 Pending -- -- --
12/11/2015 12/11/15 For Sale $120,000 +50.0% $210 / Sq Ft
02/25/2014 02/25/14 Sold $80,000 -10.1% $140 / Sq Ft
01/21/2014 01/21/14 Pending -- -- --
01/18/2014 01/18/14 For Sale $89,000 -- $156 / 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 $1,612 $413,100 $134,300 $278,800
2024 $1,612 $401,100 $134,300 $266,800
2023 $1,608 $389,400 $134,300 $255,100
2022 $1,614 $378,100 $134,300 $243,800
2021 $1,560 $367,100 $134,300 $232,800
2020 $1,538 $362,500 $134,300 $228,200
2019 $1,301 $314,400 $111,000 $203,400
2018 $1,256 $305,200 $101,800 $203,400
2017 $1,213 $296,500 $100,900 $195,600
2016 $922 $91,700 $91,700 $0
2015 $1,246 $108,900 $108,900 $0
2014 $1,246 $135,800 $99,700 $36,100
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Annette Aiona

    Iokua Real Estate, Inc. - Hilo

    (808) 895-0075

    33 in this area

    57 Total Sales

    Annette Aiona
    Section Image

  • J

    Buyer's Agent in 2016

    Jenni Lee

    KW Big Island

    (808) 430-3022

    1 in this area

    84 Total Sales

    Jenni Lee
    Section Image
  • Renee Hill

    Seller's Agent in 2014

    Renee Hill

    Hawaii Life

    (808) 989-4050

    21 in this area

    113 Total Sales

    Renee Hill
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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 290821

Hawaii Information Service (MLS Hawaii)

APN: 3-2-2-042-055-0000

Hawaii Hawaii County Hilo 96720

38 W Palai St, Hilo, HI

This home is located at 38 W Palai St, Hilo, HI 96720 since 11 December 2015 and is currently estimated at $574,097, approximately $1,003 per square foot. This property was built in 1951. 38 W Palai St is a home located in Hawaii County with nearby schools including Waiakeawaena Elementary School, Waiakea Intermediate School, and Waiakea High School.

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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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