2
Beds
1
Bath
743
Sq Ft
$535/mo
HOA Fee
Highlights
- Ground Level Unit
- Security Guard
- Solar Water Heater
- Brick Exterior Construction
About This Home
As of April 2025Welcome to this charming 2-bedroom, 1-bath fee simple condominium located in the heart of Hilo. Situated in Building K, the only concrete building in the complex, this unit features a unique separate storage/lanai area, adding to its square footage and appeal.
Enjoy the convenience of being within walking distance to downtown, where you'll find the Public Library, local schools, parks, restaurants, the Farmers Market, and more.
The unit has been tastefully updated, with renovations in 2019 that included fresh paint throughout, new laminate flooring, a revamped kitchen with updated butcherblock counters, a new tile shower, and a modern vanity.
This well-maintained complex offers a range of amenities, including an onsite manager, mailboxes, a refinished pool (2019), laundry facilities, and an assigned parking stall in the recently asphalted (2020) parking lot. The monthly maintenance fee covers water, sewer, electricity for common areas, and the master insurance policy for the complex. (Note: This unit uses electric appliances, as gas is not available in Building K.)
The property is being sold "AS-IS," providing an excellent opportunity to make it your own while enjoying the unique benefits of this rare Building K unit
Last Agent to Sell the Property
Koa Realty, Inc. Brokerage Phone: 8082099906 License #RS-79190 Listed on: 12/20/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,427
Year Built
- Built in 1963
HOA Fees
- $535 Monthly HOA Fees
Parking
- Assigned Parking
Home Design
- Brick Exterior Construction
- Tile
Interior Spaces
- 743 Sq Ft Home
- Laminate Flooring
Kitchen
- Range<<rangeHoodToken>>
- <<microwave>>
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Additional Features
- Solar Water Heater
- Property fronts a county road
- Ground Level Unit
- Underground Utilities
Listing and Financial Details
- Assessor Parcel Number 3230160660095
Community Details
Overview
- Hilo Terrace Community
- Hilo Subdivision
Security
- Security Guard
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 20, 2024
Closed on
Apr 2, 2025
Sold by
Takaki Heather
Bought by
Christensen Thomas Stanley and Christensen Joanna Rose
Seller's Agent
James Morrison
Koa Realty, Inc.
Buyer's Agent
Amber Rich
Iokua Real Estate
List Price
$230,000
Sold Price
$225,000
Premium/Discount to List
-$5,000
-2.17%
Total Days on Market
51
Views
55
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
-$4,812
Avg. Annual Appreciation
-7.43%
Original Mortgage
$157,500
Outstanding Balance
$157,367
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$62,821
Purchase Details
Closed on
Aug 9, 2023
Sold by
Takaki Heather and Takaki Merwyn
Bought by
Takaki Heather
Purchase Details
Closed on
Jul 18, 2023
Sold by
Hilo Terrace Association Of Apartment Ow
Bought by
Takaki Heather
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
Purchase Money Mortgage
Similar Homes in Hilo, HI
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 |
|---|---|---|---|
| Deed | -- | Fam | |
| Deed | -- | Fam | |
| Quit Claim Deed | -- | Tge | |
| Special Warranty Deed | -- | Tge | |
| Limited Warranty Deed | $3,300,000 | Tg |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $157,500 | New Conventional | |
| Closed | $157,500 | New Conventional | |
| Previous Owner | $146,250 | Credit Line Revolving | |
| Previous Owner | $4,000,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/07/2025 04/07/25 | Sold | $225,000 | -2.2% | $303 / Sq Ft |
| 02/10/2025 02/10/25 | For Sale | $230,000 | 0.0% | $310 / Sq Ft |
| 01/14/2025 01/14/25 | Off Market | $230,000 | -- | -- |
| 01/09/2025 01/09/25 | For Sale | $230,000 | 0.0% | $310 / Sq Ft |
| 01/09/2025 01/09/25 | Off Market | $230,000 | -- | -- |
| 12/20/2024 12/20/24 | For Sale | $230,000 | -- | $310 / 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 | $1,427 | $138,300 | $14,800 | $123,500 |
| 2024 | $1,427 | $122,000 | $14,800 | $107,200 |
| 2023 | $1,193 | $102,000 | $14,800 | $87,200 |
| 2022 | $1,101 | $94,100 | $14,800 | $79,300 |
| 2021 | $610 | $52,100 | $14,800 | $37,300 |
| 2020 | $600 | $51,300 | $14,800 | $36,500 |
| 2019 | $600 | $102,600 | $29,600 | $73,000 |
| 2018 | $462 | $39,500 | $14,800 | $24,700 |
| 2017 | $462 | $39,500 | $14,800 | $24,700 |
| 2016 | $429 | $39,500 | $14,800 | $24,700 |
| 2015 | $360 | $39,500 | $14,800 | $24,700 |
| 2014 | $360 | $36,500 | $14,800 | $21,700 |
Source: Public Records
Agents Affiliated with this Home
-
James Morrison
J
Seller's Agent in 2025
James Morrison
Koa Realty, Inc.
(808) 209-9906
1 in this area
20 Total Sales
-
Amber Rich
A
Buyer's Agent in 2025
Amber Rich
Iokua Real Estate
(808) 746-5656
13 in this area
90 Total Sales
Map
Source: Hawaii Information Service (MLS Hawaii)
MLS Number: 716225
APN: 3-2-3-016-066-0095
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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