$92,500
SOLD JUL 29, 2016

38 W Palai St Hilo, HI 96720

0.25 Acre
$370,000 Price per Acre
10,890 Sq Ft Lot

Recently Sold

$162 Per Sq Ft

23% Below List Price

150 Days on Market

Highlights

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

About This Lot

As of July 2019

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 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

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

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

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

Listed on
Apr 11, 2019
Closed on
Jul 24, 2019
Sold by
Vares Loki Meleana and Kauhi Tanya Yukiko
Bought by
Dasalla Jarzelle and Ramos Majamay Mahealani
Seller's Agent
Brent Wenner
KW Big Island
Buyer's Agent
Misti Tyrin
Iokua Real Estate
List Price
$374,000
Sold Price
$345,000
Premium/Discount to List
-$29,000
-7.75%
Current Estimated Value
$541,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,349
Avg. Annual Appreciation
7.59%
Original Mortgage
$338,751
Outstanding Balance
$301,400
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$239,949

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
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
55.08%
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

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 Type Sale Price Title Company
Warranty Deed $345,000 Fam
Warranty Deed $92,500 Tg
Warranty Deed $80,000 Tg
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $338,751 FHA
Previous Owner $280,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2024 10/16/24 Off Market $345,000 -- --
10/27/2019 10/27/19 Off Market $345,000 -- --
07/29/2019 07/29/19 Sold $345,000 -7.8% $349 / Sq Ft
05/16/2019 05/16/19 Pending -- -- --
04/11/2019 04/11/19 For Sale $374,000 +304.3% $379 / Sq Ft
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

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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