NOT LISTED FOR SALE

380 Akolea Rd Hilo, HI 96720

Estimated Value: $1,388,000 - $1,589,000

3 Beds
3.5 Baths
2,692 Sq Ft
$558/Sq Ft Est. Value

Last Sold July 09, 2024

Last sale price $1,400,000 $520 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $8,287/month

254 Days on Market

Highlights

  • Ocean View
  • Barn
  • Home Office
  • Ka'umana Elementary School Rated 9+
  • Vaulted Ceiling
  • 2 Car Attached Garage

About This Home

As of July 2024

Welcome to your dream Country Estate in the heart of Hilo, Hawaii! This sprawling 6.74-acre property on Akolea Road offers breathtaking ocean and Hilo Bay views. Nestled within this lush paradise, you'll find a PRIVATE stunning 3-bedroom, 3 1⁄2-bath home that boasts over 4500 sf under roof. Great location, just minutes from downtown Hilo, Hilo Medical Center, and the University of Hawaii.
As you enter the home, you'll be greeted by an open floor plan that invites you to a spacious living room with vaulted ceilings and a charming gas fireplace serving as the perfect accent piece. The kitchen, adorned with granite countertops, provides an abundance of cabinet and counter space, making it a chef's delight. A dining room and office are also part of this great home.
The primary bedroom is a retreat of its own, featuring an ensuite bath complete with double sinks, a soothing soaking tub, and a walk-in shower. On the opposite end of the home, you'll find two additional bedrooms, each with its own bath. One of these bedrooms offers extra space for a sitting area, ensuring comfort for family and guests alike.
Step onto the expansive 876 sf back covered lanai, where you can savor the sights of the Pacific Ocean and the lush pasture. This outdoor haven is perfect for entertaining or simply unwinding while surrounded by natural beauty.
For the equestrian enthusiast, this property is a dream come true. The equestrian arena, a 90 x 200 ft red cinder riding arena, is ideal for training and riding. The barn, boasting over 1500 square feet under its roof, includes a 16 x 12 ft tack room complete with saddle and blanket racks.
This remarkable property also embraces eco-friendliness with a photo voltaic system boasting 48 panels, reducing your carbon footprint while enjoying all the comforts of this exquisite estate. Live your Hawaii dream and experience the beauty of Hawaii from this exceptional property.
** Take a look at the property video **

Last Agent to Sell the Property

Howard Meguro

Coldwell Banker Island Properties - Hilo Brokerage Phone: 8088962549 License #RB-22392 Listed on: 09/27/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,912

Year Built

  • Built in 2006

Lot Details

  • Property fronts a county road
  • Stone Wall
  • Wire Fence
  • Landscaped
  • Flag Lot
  • Lot Has A Rolling Slope
  • Grass Covered Lot
  • Property is zoned A-5A

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces

Property Views

  • Ocean
  • Coastline
  • Bay
  • City
  • Pasture
  • Forest

Interior Spaces

  • 2,692 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • See Through Fireplace
  • Gas Fireplace
  • Home Office

Kitchen

  • Oven
  • Indoor Grill
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Farming

  • Barn

Utilities

  • Cesspool
  • Phone Available
  • Cable TV Available

Community Details

  • Ponahawai, Kaumana, Kukuau 2Nd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3250061640000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,912

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Stone, Wire
  • ResoLotFeatures: Flag Lot, Grassy, Landscaped
  • Attribution Contact: 8088962549
  • Co List Office Phone: 8089697863
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: PONAHAWAI, KAUMANA, KUKUAU 2ND
  • Carport Spaces: 2.0
  • Reso Interior Features: High Ceilings, Office, Vaulted Ceilings
  • Unit Levels: One
  • Living Area: 2692.0
  • Property Attached Yn: No
  • Year Built: 2006
  • Tax Year: 2022
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_OtherBuildingArea: 940
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Gas Cooktop, Indoor Grill, Microwave, Oven, Refrigerator, Washer
  • Total Bedrooms: 3
  • Fireplace Features: Gas, See Through
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Total Bathrooms: 3

Exterior Features

  • Topography: Gentle Slope,Rolling Terrain
  • View: Bay, City, Forest, HIS Coastline, HIS Sunrise, Ocean, Ocean Horizon, Pasture
  • Waterfront: No
  • Exterior Features: Lightning
  • Other Structures: Barn
  • Roads: County, Paved

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Covered

Utilities

  • Sewer: Cesspool
  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: A-5A
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3250061640000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3912.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2023
Closed on
Jul 2, 2024
Sold by
Harris Anthony A and Harris Fronda L
Bought by
Gallagher Brandon
Seller's Agent
Howard Meguro
Coldwell Banker Island Properties - Hilo
List Price
$1,590,000
Sold Price
$1,400,000
Premium/Discount to List
-$190,000
-11.95%
Views
7
Current Estimated Value
$1,502,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,021
Avg. Annual Appreciation
4.27%
Original Mortgage
$900,000
Outstanding Balance
$889,952
Interest Rate
6.94%
Mortgage Type
Seller Take Back
Estimated Equity
$583,850
Source: Public Records

Range of Values:

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Average Value
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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
Gallagher Brandon -- Tge
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallagher Brandon $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2024 09/24/24 Off Market $1,400,000 -- --
07/09/2024 07/09/24 Sold $1,400,000 -11.9% $520 / Sq Ft
09/27/2023 09/27/23 For Sale $1,590,000 -- $591 / 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 $3,881 $933,400 $209,500 $723,900
2024 $3,881 $802,200 $209,500 $592,700
2023 $3,867 $778,800 $209,500 $569,300
2022 $3,912 $756,100 $209,500 $546,600
2021 $3,777 $734,100 $209,500 $524,600
2020 $3,645 $712,700 $209,500 $503,200
2019 $3,517 $691,900 $209,500 $482,400
2018 $3,393 $671,700 $201,000 $470,700
2017 $3,272 $652,100 $193,700 $458,400
2016 $3,098 $454,900 $3,200 $451,700
2015 -- $417,300 $3,200 $414,100
2014 -- $415,800 $3,200 $412,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 703306

Hawaii Information Service (MLS Hawaii)

APN: 3-2-5-006-164-0000