$77,000
SOLD FEB 11, 2025

485 Waianuenue Ave Unit 224 Hilo, HI 96720

2 Beds
1 Bath
695 Sq Ft
$484/mo HOA Fee

Recently Sold

$111 Per Sq Ft

22% Below List Price

162 Days on Market

About This Home

As of June 2025

This is a leasehold property. Fee interest is available for purchase through association. Location, location! Conveniently located in walking distance to Hilo town, Hilo Terrace offers comfortable 2 bedroom 1 bath units with added amenities such as on site laundry facilities, assigned parking, guest stalls and even a swimming pool. Although this is a leasehold property, the fee interest is available for purchase from the association.
The unit does need some TLC but there have been a lot of improvements to the Hilo Terrace complex in recent years such as the refinishing of the pool and laundry facilities in 2019, asphalted parking lot in 2020, and new roofs on all buildings in 2023.
The monthly maintenance fee of $460 covers water, sewer, gas, condo insurance and common area maintenance. Additional fees are lease rent of $93.75, trash fee of $23.11 and utility admin fee of $6.50. Owners are responsible for their own electricity, cable, internet and phone service

Last Agent to Sell the Property

Glenn Takase

Coldwell Banker Island Properties - Hilo Brokerage Phone: 8089360692 License #RB-18547 Listed on: 07/16/2024

Last Buyer's Agent

Tyler Bergman

Coldwell Banker Island Properties - Hilo License #RS-84576

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $301

Year Built

  • Built in 1963

Lot Details

  • Property fronts a county road
  • Cleared Lot

HOA Fees

  • $484 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • 695 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Pool

  • In Ground Pool

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • Hilo Terrace Community
  • Hilo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3230160660044

Property Details

Home Type

Condominium

Est. Annual Taxes

$301

Year Built

Built in 1963

Lot Details

0

HOA Fees

$484 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • ResoLotFeatures: Cleared
  • Attribution Contact: 8089360692
  • Co List Office Phone: 8089697863
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: HILO
  • Living Area: 695.0
  • Property Attached Yn: Yes
  • Year Built: 1963
  • Tax Year: 2023
  • HIS_PoolYN: Yes
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: None
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Parking Features: Assigned

Utilities

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

Condo/Co-op/Association

  • Association Fee: 484.0
  • Association Fee Frequency: Monthly
  • Project: Hilo Terrace

Lot Info

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

Tax Info

  • Tax Annual Amount: 301.35

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 LLC
List Price
$200,000
Sold Price
$200,000
Views
31

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-30.49%
Original Mortgage
$130,000
Outstanding Balance
$130,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$62,157

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:

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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 Change Sq Ft Price
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
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: 712478

Hawaii Information Service (MLS Hawaii)

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