T
Seller's Agent in 2024
Tyler Bergman
Coldwell Banker Island Properties - Hilo
(808) 896-2644
9 in this area
116 Total Sales
2
Beds
1
Bath
695
Sq Ft
$535/mo
HOA Fee
Highlights
- In Ground Pool
- Ground Level Unit
- Home Security System
- End Unit
- Air Conditioning
- Vinyl Flooring
About This Home
As of December 2024Zoned General Commercial, which is conforming for a potential STVR License. Perfect for investment short term or long term rentals. Ground floor & corner unit. This newly renovated space at Hilo Terrace is awaiting its new owners to make it their own. Featuring 2 bedrooms, 1 bathroom, a kitchen, and living room setup. *Kitchen island is movable for added convenience. Total square footage of 695 sqft. Mail service, pool access, parking space and laundry facilities all available on site.
Just minutes away from all the fun! Located up the road from - Hilo's Friday Night Market, downtown farmers market, an array of local restaurants & eateries, and grocery's such as KTA and Sack N Save. Also, importantly, located down the road from Hilo Hospitals and School.
Recent improvements to the Hilo Terrace complex in recent years include the refinishing of the in-ground pool and laundry facilities in 2019, asphalted parking lot in 2020, and new roofs on all buildings in 2023. The last reported monthly maintenance fee of $535 covers water, sewer, gas, condo insurance and common area maintenance. Owners are responsible for their own electricity, trash fee, cable, internet and phone service.
*Check out the virtual tour for your added convenience!
Last Agent to Sell the Property
Coldwell Banker Island Properties - Hilo Brokerage Phone: 8088962644 License #RS-84576 Listed on: 09/16/2024
Last Buyer's Agent
Coldwell Banker Island Properties - Hilo Brokerage Phone: 8088962644 License #RS-84576 Listed on: 09/16/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $323
Year Built
- Built in 1963
Lot Details
- Property fronts a county road
- End Unit
HOA Fees
- $535 Monthly HOA Fees
Parking
- Assigned Parking
Interior Spaces
- 695 Sq Ft Home
- Vinyl Flooring
- Home Security System
- Range
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Utilities
- Air Conditioning
- Internet Available
- Phone Available
- Cable TV Available
Additional Features
- In Ground Pool
- Ground Level Unit
Community Details
- Hilo Terrace Community
- Hilo Subdivision
Listing and Financial Details
- Assessor Parcel Number 3230160660037
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 16, 2024
Closed on
Dec 2, 2024
Sold by
Young Molly May and Young Brian
Bought by
Mcmahon Verna
Seller's Agent
Tyler Bergman
Coldwell Banker Island Properties - Hilo
Buyer's Agent
Tyler Bergman
Coldwell Banker Island Properties - Hilo
List Price
$235,000
Sold Price
$215,000
Premium/Discount to List
-$20,000
-8.51%
Views
44
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$462
Avg. Annual Appreciation
0.24%
Purchase Details
Closed on
Aug 16, 2024
Sold by
Association Of Apartment Owners Of Hilo and Hilo Terrace Association Of Apartment Ow
Bought by
Young Molly May and Young Brian
Purchase Details
Closed on
Dec 18, 2015
Sold by
Roman Catholic Church In The State Of Ha
Bought by
Hilo Terrace Association Of Apartment Ow
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
3.83%
Mortgage Type
Unknown
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Tg | |
| Warranty Deed | $215,000 | Tg | |
| Special Warranty Deed | -- | Tge | |
| Limited Warranty Deed | $3,300,000 | Tg |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $4,000,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/04/2024 12/04/24 | Sold | $215,000 | 0.0% | $309 / Sq Ft |
| 10/30/2024 10/30/24 | Price Changed | $215,000 | -4.4% | $309 / Sq Ft |
| 10/05/2024 10/05/24 | Price Changed | $225,000 | -4.3% | $324 / Sq Ft |
| 09/25/2024 09/25/24 | Off Market | $235,000 | -- | -- |
| 09/24/2024 09/24/24 | Price Changed | $235,000 | 0.0% | $338 / Sq Ft |
| 09/24/2024 09/24/24 | For Sale | $235,000 | -5.6% | $338 / Sq Ft |
| 09/16/2024 09/16/24 | For Sale | $249,000 | -- | $358 / Sq Ft |
Source: Hawaii Information Service (MLS Hawaii)
Tax History Compared to Growth
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 | $323 | $130,500 | $14,800 | $115,700 |
| 2024 | $323 | $54,300 | $14,800 | $39,500 |
| 2023 | $324 | $52,700 | $14,800 | $37,900 |
| 2022 | $315 | $51,200 | $14,800 | $36,400 |
| 2021 | $304 | $49,700 | $14,800 | $34,900 |
| 2020 | $301 | $49,000 | $14,800 | $34,200 |
| 2019 | $240 | $78,000 | $29,600 | $48,400 |
| 2018 | $233 | $37,900 | $14,800 | $23,100 |
| 2017 | $233 | $37,900 | $14,800 | $23,100 |
| 2016 | $233 | $37,900 | $14,800 | $23,100 |
| 2015 | $195 | $37,900 | $14,800 | $23,100 |
| 2014 | $195 | $35,100 | $14,800 | $20,300 |
Source: Public Records
Agents Affiliated with this Home
-
Tyler Bergman
Map
Source: Hawaii Information Service (MLS Hawaii)
MLS Number: 714160
APN: 3-2-3-016-066-0037
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Copyright 2025 MLS Hawaii, Inc. All rights reserved.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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