NOT LISTED FOR SALE

485 Waianuenue Ave Unit 140 Hilo, HI 96720

Estimated Value: $151,000 - $190,000

2 Beds
1 Bath
695 Sq Ft
$480/mo HOA Fee

Last Sold January 11, 2023

Last sale price $125,000 $180 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,490/month

7 Days on Market

Highlights

  • In Ground Pool
  • Ceramic Tile Flooring
  • Level Lot
  • Ground Level Unit
  • Coin Laundry
  • Grass Covered Lot

About This Home

As of January 2023

- This is a Leasehold property.
- Are you looking for good sized condo, with a central Hilo location, and a pool? Hilo Terrace, across from the Hilo High School gym, has a pool, assigned parking, and an on-site manager. With 695 sq. ft. of living area, this condo is larger than many similar East Hawaii properties. If you prefer, here is your opportunity to remodel to your own taste, and with some TLC you can make this apartment shine. Drive less and enjoy the freedom to walk or bike to the downtown shopping area, Public Library, Farmers Market, and the Bay Front and Liliuokalani Parks. It is just 1/2 mile to the supermarket on the corner of Haili St and Kinoole St.
- This is a leasehold property that will be converted to fee simple upon recordation of deed.
- The monthly maintenance fee of $450 covers: county water, hot water, sewer, gas, condo insurance; and maintenance of the building and common areas. The owner is also currently billed monthly for lease rent of $93.75, trash fee of $23.11, utility/admin fee of $6.50, and an electric charge based on its separate meter.
- Being sold "As Is" seller may consider repairs needed to obtain financing only.

Last Buyer's Agent

Sunita Przewlocki

Salt Water Real Estate LLC License #RB-23326

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,042

Year Built

  • Built in 1963

Lot Details

  • Property fronts a county road
  • Grass Covered Lot

HOA Fees

  • $480 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

  • 695 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • No Cooling
  • No Heating
  • Phone Available
  • Cable TV Available

Additional Features

  • In Ground Pool
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number 3230160660066

Community Details

Overview

  • 100 Units
  • Hilo Terrace Community
  • Hilo Subdivision

Pet Policy

  • No Pets Allowed

Additional Features

  • Coin Laundry
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,042

Year Built

Built in 1963

Lot Details

0

HOA Fees

$480 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Reso Fencing: None
  • ResoLotFeatures: Grassy
  • Road Frontage Type: Road/Street
  • ResoSecurityFeatures: Smoke Detector(s)
  • Attribution Contact: 8083459685
  • Co List Office Phone: 8089697863
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: HILO
  • Unit Levels: Two
  • Living Area: 695.0
  • Property Attached Yn: Yes
  • Year Built: 1963
  • Tax Year: 2022
  • HIS_PoolYN: Yes
  • Unit Description: Ground Unit
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Other (remarks)
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Refrigerator, Washer
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Flooring: Carpet, Ceramic Tile
  • Stories: 2
  • Total Bathrooms: 1
  • Design: Single Wall

Exterior Features

  • Topography: Fairly Level,Gentle Slope
  • Pool Features: In Ground
  • Waterfront: No
  • Roads: County, Curbs/Gutters, Paved, Street Lights

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Cooling: None
  • Heating: None
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected

Condo/Co-op/Association

  • Association Fee: 479.61
  • Association Fee Frequency: Monthly
  • Pets Allowed: No
  • Project: Hilo Terrace

Lot Info

  • Zoning: CG-20
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3230160660066

Multi Family

  • Number Of Units Total: 100

Tax Info

  • Tax Annual Amount: 1042.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2022
Closed on
Jan 5, 2023
Sold by
Brown Ramona Shirley and Brown Benjamin
Bought by
Bierman Suzanne Geri and Bierman Jake James
Buyer's Agent
Sunita Przewlocki
Salt Water Real Estate LLC
List Price
$140,000
Sold Price
$125,000
Premium/Discount to List
-$15,000
-10.71%
Current Estimated Value
$169,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,924
Avg. Annual Appreciation
11.72%

Purchase Details

Listed on
Nov 29, 2022
Closed on
Jan 4, 2023
Sold by
Hilo Terrace Association Of Apartment Ow
Bought by
Brown Ramona Shirley and Brown Benjamin
Buyer's Agent
Sunita Przewlocki
Salt Water Real Estate LLC
List Price
$140,000
Sold Price
$125,000
Premium/Discount to List
-$15,000
-10.71%

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
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
Bierman Suzanne Geri -- Title Guaranty & Escrow Servic
Brown Ramona Shirley -- Title Guaranty & Escrow Servic
Hilo Terrace Association Of Apartment Ow $3,300,000 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hilo Terrace Association Of Apartment Ow $4,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2024 10/02/24 Off Market $125,000 -- --
04/11/2023 04/11/23 Off Market $125,000 -- --
01/11/2023 01/11/23 Sold $125,000 -10.7% $180 / Sq Ft
12/06/2022 12/06/22 Pending -- -- --
11/29/2022 11/29/22 For Sale $140,000 -- $201 / 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 $1,348 $130,500 $14,800 $115,700
2024 $1,348 $115,200 $14,800 $100,400
2022 $1,042 $89,100 $14,800 $74,300
2021 $581 $49,700 $14,800 $34,900
2020 $573 $49,000 $14,800 $34,200
2019 $573 $98,000 $29,600 $68,400
2018 $443 $37,900 $14,800 $23,100
2017 $443 $37,900 $14,800 $23,100
2016 $411 $37,900 $14,800 $23,100
2015 $25 $37,900 $14,800 $23,100
2014 $25 $19,800 $8,900 $10,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 666109

Hawaii Information Service (MLS Hawaii)

APN: 3-2-3-016-066-0066