$520,000
SOLD MAR 13, 2026

40 Spring St Hilo, HI 96720

3 Beds
2 Baths
1,296 Sq Ft
10,454 Sq Ft Lot Lot

Sale Details

Date Sold: March 13, 2026

$401 Per Sq Ft

2% Below List Price

10 on Market

Highlights

  • Solar Power System
  • Laundry Room
  • 4-minute walk to Gilbert Carvalho Park
  • Detached Garage
  • Carpet

About This Home

As of March 2026

What a great location for this light-filled Hilo home! It's close to historical Hilo town, close to all medical facilities, close to the library and Rainbow Falls, and about ten minutes to Honolii surfing beach, the University, and the airport. The exterior of the home offers a clean, fresh bungalow design with a hip roof. Inside, the structure feels solid and spacious, with a wide hallway connecting three bedrooms and two bathrooms. The kitchen offers a large pantry, and there's an expansive covered back lanai, overlooking the fenced back lawn. While the home is in move-in ready condition, there's still room for new owners to make it their own. The outside laundry room comes with washer and dryer and there are two carports. Sitting at the end of a short and peaceful no-through street in a welcoming community of friendly neighbors, this property is a must-see; not to be missed.

Last Agent to Sell the Property

Ainslie Schmidt

RE/MAX Properties Brokerage Phone: 8089384433 License #RS-57915 Listed on: 01/24/2026

RE/MAX Properties

Co-Listed By

Chant'ee Shiroma

RE/MAX Properties Brokerage Phone: 8089384433 License #RS-81952

Last Buyer's Agent

Tyler Bergman

Coldwell Banker Island Properties - Hilo License #RS-84576

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $956

Year Built

  • Built in 1997

Parking

  • Detached Garage

Interior Spaces

  • 1,296 Sq Ft Home
  • Carpet
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cesspool
  • Phone Available
  • Cable TV Available

Additional Features

  • Solar Power System
  • Property is zoned RS-7.5

Community Details

  • Puuhonu Tract Subdivision

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 3230340330000

Home Details

Home Type

Single Family

Est. Annual Taxes

$956

Year Built

Built in 1997

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Co List Office Mls Id: 2222
  • Co List Office Phone: 8089359800
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: PUUHONU TRACT
  • Living Area: 1296.0
  • Property Attached Yn: No
  • Year Built: 1997
  • Tax Year: 2025
  • Power Production Type: Photovoltaics
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • Land Tenure: Fee Simple
  • HIS_SolidWasteDisposal: Other (remarks)
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Flooring: Carpet

Exterior Features

  • Waterfront: No
  • Roads: Paved

Garage/Parking

  • Parking Features: Detached

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: RS-7.5
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3230340330000

Tax Info

  • Tax Annual Amount: 955.57
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2026
Closed on
Mar 4, 2026
Sold by
Akio Hatada and Akio Yoko
Bought by
Shealy Luther
Seller's Agent
Ainslie Schmidt
RE/MAX Properties
Buyer's Agent
Tyler Bergman
Coldwell Banker Island Properties - Hilo
List Price
$529,000
Sold Price
$520,000
Premium/Discount to List
-$9,000
-1.7%
Views
30

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.46%

Purchase Details

Closed on
May 1, 2025
Sold by
Hatada Garrett Akio
Bought by
Hatada Garrett Akio and Hatada Yoko

Purchase Details

Closed on
Oct 23, 2001
Sold by
Dalere Francisca Rabang
Bought by
Hatada Garrett Akio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 1999
Sold by
Pruett Catherine and Rodrigues Catherine E
Bought by
Dalere Francisca Rabang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,400
Interest Rate
10%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 1999
Sold by
Rodrigues Trevor L and Pruett Catherine
Bought by
Pruett Catherine and Rodrigues Catherine E

Purchase Details

Closed on
Jul 14, 1995
Sold by
Mogote Ludevina V and Valera Rodolfo
Bought by
Rodrigues Trevor L and Rodrigues Catherine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,500
Interest Rate
10%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 1995
Sold by
Mogote Ludevina V and Valera Rodolfo
Bought by
Reiplinger Sutherland James Dexter and Reiplinger Sutherland Mary Dede

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
9.09%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $520,000 Title Guaranty
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $140,000 --
Warranty Deed $128,000 --
Interfamily Deed Transfer -- Island Title Corp
Warranty Deed $55,000 Island Title Corp
Warranty Deed $91,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $112,000 Purchase Money Mortgage
Previous Owner $102,400 Purchase Money Mortgage
Previous Owner $38,500 Purchase Money Mortgage
Previous Owner $72,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2026 03/13/26 Sold $520,000 -1.7% $401 / Sq Ft
01/24/2026 01/24/26 For Sale $529,000 -- $408 / Sq Ft
Source: Hawaii Information Service (MLS Hawaii)

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 $956 $263,200 $46,600 $216,600
2024 $919 $255,500 $46,600 $208,900
2023 $913 $248,100 $46,600 $201,500
2022 $939 $240,900 $46,600 $194,300
2021 $905 $233,900 $46,600 $187,300
2020 $871 $227,100 $46,600 $180,500
2019 $839 $220,500 $46,600 $173,900
2018 $808 $214,100 $46,600 $167,500
2017 $777 $207,900 $46,600 $161,300
2016 $747 $201,800 $46,600 $155,200
2015 $551 $195,900 $46,600 $149,300
2014 $551 $190,200 $46,600 $143,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 727071

Hawaii Information Service (MLS Hawaii)

APN: 3-2-3-034-033-0000

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