$200,000
SOLD JUN 9, 2025

485 Waianuenue Ave Unit 224 Hilo, HI 96720

2 Beds
1 Bath
695 Sq Ft
$545/mo HOA Fee

Recently Sold

$288 Per Sq Ft

8 Days on Market

About This Home

As of June 2025

This newly renovated space at Hilo Terrace is awaiting its new owners to make it their own. Featuring 2-bedrooms, 1-bathroom, multiple closet spaces, full kitchen, and living room setup. Totaling a square footage of 695 sqft. This unit is located upstairs for maximized privacy and owner enjoyment.

Amenities Include:
-Onsite Mail service
-Pool access & lounging patio
-Designated parking spaces
-Newly Upgraded laundry facility on site
-Zoned General Commercial (CG-20), which may be conforming for a potential STVR License. Perfect for investment short term or long-term rentals. Buyer to do buyers own due diligence!

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 just 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 2024, and new roofs on all buildings in 2023. The last reported monthly maintenance fee of $545 covers water, sewer, gas, condo insurance and common area maintenance. Electricity and trash are billed separately. Cable, internet and phone are owner/tenant's responsibility

Last Agent to Sell the Property

Tyler Bergman

Coldwell Banker Island Properties - Hilo Brokerage Phone: 8088962644 License #RS-84576 Listed on: 04/14/2025

Last Buyer's Agent

Denise Nakanishi

Real Broker License #RB-17031

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $300

Year Built

  • Built in 1963

HOA Fees

  • $545 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

  • 695 Sq Ft Home
  • 2-Story Property
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Pool

  • In Ground Pool

Utilities

  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 3230160660044

Community Details

Overview

  • Hilo Terrace Community
  • Hilo Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$300

Year Built

Built in 1963

Lot Details

0

HOA Fees

$545 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: HILO
  • Unit Levels: Two
  • Living Area: 695.0
  • Property Attached Yn: Yes
  • Year Built: 1963
  • Tax Year: 2024
  • HIS_PoolYN: Yes
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: County-Charge
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Wireless
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Range, Refrigerator
  • Total Bedrooms: 2
  • Full Bathrooms: 1

Exterior Features

  • Pool Features: In Ground, Outdoor Pool
  • Waterfront: No
  • Roads: Paved

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected

Condo/Co-op/Association

  • Association Fee: 545.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Project: Hilo Terrace

Lot Info

  • Zoning: CG-20
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3230160660044

Tax Info

  • Tax Annual Amount: 300.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2025
Closed on
May 29, 2025
Sold by
Frett Bridy
Bought by
Ang Lee Boon
Seller's Agent
Tyler Bergman
Coldwell Banker Island Properties - Hilo
Buyer's Agent
Denise Nakanishi
Real Broker
List Price
$200,000
Sold Price
$200,000
Views
31
Current Estimated Value
$197,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,431
Avg. Annual Appreciation
-2.68%
Original Mortgage
$130,000
Outstanding Balance
$127,710
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$69,859

Purchase Details

Listed on
Jul 16, 2024
Closed on
Feb 4, 2025
Sold by
Hilo Terrace Association Of Apartment Ow
Bought by
Frett Bridy
Seller's Agent
Glenn Takase
Coldwell Banker Island Properties - Hilo
Buyer's Agent
Tyler Bergman
Coldwell Banker Island Properties - Hilo
List Price
$99,000
Sold Price
$77,000
Premium/Discount to List
-$22,000
-22.22%
Views
98

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1874.40%

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:

--
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 Type Sale Price Title Company
Deed -- Title Guaranty
Deed -- Title Guaranty
Special Warranty Deed -- Title Guaranty
Special Warranty Deed -- Title Guaranty
Limited Warranty Deed $3,300,000 Tg
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $130,000 New Conventional
Closed $130,000 New Conventional
Previous Owner $4,000,000 Unknown
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/09/2025 06/09/25 Sold $200,000 0.0% $288 / Sq Ft
04/14/2025 04/14/25 For Sale $200,000 +159.7% $288 / Sq Ft
02/11/2025 02/11/25 Sold $77,000 -22.2% $111 / Sq Ft View Prior Sale
09/07/2024 09/07/24 Off Market $99,000 -- --
09/05/2024 09/05/24 For Sale $99,000 0.0% $142 / Sq Ft
08/16/2024 08/16/24 Off Market $99,000 -- --
08/14/2024 08/14/24 For Sale $99,000 0.0% $142 / Sq Ft
08/13/2024 08/13/24 Price Changed $99,000 -16.8% $142 / Sq Ft
07/16/2024 07/16/24 For Sale $119,000 -- $171 / 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 $300 $152,200 $14,800 $137,400
2024 $300 $50,500 $14,800 $35,700
2023 $301 $49,000 $14,800 $34,200
2022 $293 $47,600 $14,800 $32,800
2021 $284 $46,200 $14,800 $31,400
2020 $276 $44,900 $14,800 $30,100
2019 $268 $87,200 $29,600 $57,600
2018 $260 $42,300 $14,800 $27,500
2017 $260 $42,300 $14,800 $27,500
2016 $260 $42,300 $14,800 $27,500
2015 $216 $40,100 $14,800 $25,300
2014 $216 $38,900 $14,800 $24,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 720278

Hawaii Information Service (MLS Hawaii)

APN: 3-2-3-016-066-0044