NOT LISTED FOR SALE

482 Heahea St Unit I Hilo, HI 96720

Estimated Value: $515,362 - $567,000

3 Beds
2 Baths
1,194 Sq Ft
$455/Sq Ft Est. Value

Last Sold March 19, 2015

Last sale price $270,000 $226 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,868/month

16 Days on Market

About This Home

As of March 2015

This single level 3 bedroom, 2 bath home has been upgraded and is clean and ready to move in. Nicely landscaped flat lot. Great Hilo neighborhood in Ainaola Houselots. Property has a separate small studio area and additional outside storage. Large covered lanai. Some wood floors and tile throughout. Open kitchen, living and dining area.
Disclosures: Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk. Please refer to www.FloodSmart.gov for additional information regarding flood zones and insurance. Uses a cesspool sewer system. Any required system repairs will be the buyers expense. Visit www.HUDHomestore.com for add'l info. FHA Case #141-155178 IN. 203K elig Per FHA appr., zip code is 96720

All offers/bids to be submitted online via www.hudhomestore.com. Please copy and paste the following link for details and instructions on submitting an offer: [Link Removed 3/27/2015]

Last Agent to Sell the Property

Marty Smith

Hawaii Life Brokerage Phone: 8083453765 License #RB-12543 Listed on: 01/10/2015

Hawaii Life

Last Buyer's Agent

Arabel Camblor

Arabel L Camblor Realty License #RB-18124

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $931

Year Built

  • Built in 1978

Lot Details

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

Parking

  • Covered Parking

Home Design

  • Double Stud Wall

Interior Spaces

  • 1,194 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cesspool

Community Details

  • Ainaola Houselots Subdivision

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number 3240191210000

Home Details

Home Type

Single Family

Est. Annual Taxes

$931

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
  • Living Area: 1194.0
  • Property Attached Yn: No
  • Year Built: 1978
  • Tax Year: 2014
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Flooring: Carpet
  • Design: Double Wall

Exterior Features

  • Waterfront: No
  • Roads: County

Garage/Parking

  • Parking Features: Covered

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RS-15
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3240191210000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 931.0
  • Tax Lot: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2015
Closed on
Mar 12, 2015
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Hoptowit Raymond Joseph and Hoptowit Ila May
Seller's Agent
Marty Smith
Hawaii Life
Buyer's Agent
Arabel Camblor
Arabel L Camblor Realty
List Price
$250,000
Sold Price
$270,000
Premium/Discount to List
$20,000
8%
Current Estimated Value
$543,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,841
Avg. Annual Appreciation
6.72%
Original Mortgage
$216,000
Outstanding Balance
$164,575
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$379,266

Purchase Details

Closed on
Jan 12, 2015
Sold by
First Hawaiian Bank
Bought by
The Secretary Of Housing & Urban Develop

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Outstanding Balance
$164,575
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$379,266

Purchase Details

Closed on
Oct 2, 2014
Sold by
Kubota Peter K
Bought by
First Hawaiian Bank

Purchase Details

Closed on
Dec 10, 2010
Sold by
Maldonado Anthony and Maldonado Janice
Bought by
Carvalho Joaquin Paul and Torngren Laura E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,480
Interest Rate
4.21%
Mortgage Type
FHA
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
Hoptowit Raymond Joseph $270,000 Tg
The Secretary Of Housing & Urban Develop $238,060 None Available
First Hawaiian Bank $238,060 Tg
Carvalho Joaquin Paul $257,000 Fam
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoptowit Raymond Joseph $216,000
Previous Owner Carvalho Joaquin Paul $250,480
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2015 03/19/15 Sold $270,000 +8.0% $226 / Sq Ft
01/26/2015 01/26/15 Pending -- -- --
01/10/2015 01/10/15 For Sale $250,000 -- $209 / 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 $100 $456,400 $246,000 $210,400
2024 $100 $424,700 $223,900 $200,800
2023 $100 $390,300 $203,600 $186,700
2022 $100 $359,200 $172,500 $186,700
2021 $100 $318,800 $159,000 $159,800
2020 $100 $308,400 $156,000 $152,400
2019 $100 $308,800 $150,000 $158,800
2018 $200 $287,700 $150,000 $137,700
2017 $200 $278,400 $142,500 $135,900
2016 $100 $267,700 $135,000 $132,700
2015 $827 $238,000 $116,300 $121,700
2014 $827 $239,400 $116,300 $123,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 280327

Hawaii Information Service (MLS Hawaii)

APN: 3-2-4-019-121-0000