NOT LISTED FOR SALE

481 Heahea St Hilo, HI 96720

Estimated Value: $516,000 - $614,000

2 Beds
2 Baths
1,554 Sq Ft
$356/Sq Ft Est. Value

Last Sold November 17, 2023

Last sale price $435,000 $280 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,071/month

23 Days on Market

About This Home

As of November 2023

Great opportunity to own a home in Hilo. Home has 2 bedrooms and 2 baths in the main home and a large, detached living area behind the carport with it's own entrance.
Situated on a 15,073 sf lot.

Within 1-5 miles of schools, hospital, dining, shopping and all amenities.

Last Agent to Sell the Property

Keisha Johnson

Savio Realty Ltd. - Hilo Office Brokerage Phone: 8088957327 License #RS-63837 Listed on: 09/05/2023

Last Buyer's Agent

Chant'ee Shiroma

RE/MAX Properties License #RS-81952

RE/MAX Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $592

Year Built

  • Built in 1978

Lot Details

  • Property fronts a county road
  • Property is zoned RS-15

Parking

  • 2 Carport Spaces

Interior Spaces

  • 1,554 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cesspool

Community Details

  • Ainaola Houselots Subdivision

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 3240191320000

Home Details

Home Type

Single Family

Est. Annual Taxes

$592

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: AINAOLA HOUSELOTS
  • Carport Spaces: 2.0
  • Living Area: 1554.0
  • Property Attached Yn: No
  • Year Built: 1978
  • Tax Year: 2023
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: No
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

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

Exterior Features

  • Waterfront: No
  • Roads: County, Paved

Garage/Parking

  • Parking Features: Covered

Utilities

  • Sewer: Cesspool
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RS-15
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3240191320000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 592.25
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2023
Closed on
Nov 7, 2023
Sold by
Us Bank National Association
Bought by
Silva Brannon and Barin-Silva Ysabela
Seller's Agent
Keisha Johnson
Savio Realty Ltd. - Hilo Office
Buyer's Agent
Chant'ee Shiroma
RE/MAX Properties
List Price
$386,000
Sold Price
$435,000
Premium/Discount to List
$49,000
12.69%
Views
142
Current Estimated Value
$553,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,318
Avg. Annual Appreciation
12.20%
Original Mortgage
$427,121
Outstanding Balance
$419,656
Interest Rate
7.49%
Mortgage Type
FHA
Estimated Equity
$133,662

Purchase Details

Closed on
Aug 24, 2023
Sold by
State Of Hi
Bought by
Mortgage Equity Conversion Asset Trust and Santiago

Purchase Details

Closed on
Mar 25, 2021
Sold by
Santiago Lillian Florence
Bought by
Santiago Lillian Florence

Purchase Details

Closed on
Nov 8, 1995
Sold by
Santiago Manuel and Santiago Lillian Florence
Bought by
Santiago Manuel and Santiago Lillian Florence
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Silva Brannon -- Tge
Mortgage Equity Conversion Asset Trust -- None Listed On Document
Santiago Lillian Florence -- None Available
Santiago Manuel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silva Brannon $427,121
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2023 12/01/23 Off Market $435,000 -- --
11/17/2023 11/17/23 Sold $435,000 +12.7% $280 / Sq Ft
09/05/2023 09/05/23 For Sale $386,000 -- $248 / 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 $1,924 $480,700 $226,500 $254,200
2024 $1,924 $466,700 $224,100 $242,600
2023 $592 $257,900 $72,500 $185,400
2022 $617 $250,400 $72,500 $177,900
2021 $581 $243,100 $72,500 $170,600
2020 $546 $236,000 $72,500 $163,500
2019 $512 $229,100 $72,500 $156,600
2018 $226 $222,400 $72,500 $149,900
2017 $447 $215,900 $72,500 $143,400
2016 $416 $209,600 $72,500 $137,100
2015 $248 $203,500 $72,500 $131,000
2014 $248 $197,600 $72,500 $125,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 704143

Hawaii Information Service (MLS Hawaii)

APN: 3-2-4-019-132-0000