2
Beds
1
Bath
695
Sq Ft
$615/mo
HOA Fee
Highlights
- In Ground Pool
- Level Lot
- Carpet
About This Home
As of December 2024Cozy 2 bedroom / 1 bath condo in Hilo Terrace in Building E, located on the second floor. Laminate flooring and newer appliances, this unit is perfect for a family looking to own or as a rental investment. There's a pool and laundry facilities for this complex across the parking lot and an on-site resident manager. Unit will be converted to fee simple at closing. Currently, monthly maintenance is approximately $615/month (does not include phone/cable/internet). Updates to complex in the past included install of solar water heaters, resurfaced parking lot, roof replacement, etc.
Hilo Terrace is above the downtown Hilo area and close to shops, restaurants, schools, museums, grocery stores, offices, etc. Most of them are in walking distance but there is one deeded parking stall to the unit and street parking available in the surrounding area where you can conveniently park your vehicle.
Last Agent to Sell the Property
Acasio Realty, Inc. Brokerage Phone: 8083339209 License #RB-21921 Listed on: 10/16/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,568
Year Built
- Built in 1963
HOA Fees
- $615 Monthly HOA Fees
Parking
- Assigned Parking
Interior Spaces
- 695 Sq Ft Home
- Carpet
- Range with Range Hood
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Utilities
- Internet Available
- Phone Available
- Cable TV Available
Additional Features
- In Ground Pool
- Property fronts a county road
Community Details
- Hilo Terrace Community
- Hilo Subdivision
Listing and Financial Details
- Assessor Parcel Number 3230160660047
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 29, 2015
Closed on
Dec 18, 2015
Sold by
Roman Catholic Church In The State Of Ha
Bought by
Hilo Terrace Association Of Apartment Ow
Seller's Agent
Linda Kaeo
Iokua Real Estate
Buyer's Agent
Estrella Acasio
Acasio Realty, Inc.
List Price
$46,500
Sold Price
$43,000
Premium/Discount to List
-$3,500
-7.53%
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
$143,044
Avg. Annual Appreciation
16.05%
Original Mortgage
$4,000,000
Outstanding Balance
$3,193,307
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$3,013,801
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 |
|---|---|---|---|
| Limited Warranty Deed | $3,300,000 | Tg |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $4,000,000 | Purchase Money Mortgage | |
| Previous Owner | $36,800 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/30/2024 12/30/24 | Sold | $178,000 | -1.1% | $256 / Sq Ft |
| 10/16/2024 10/16/24 | For Sale | $180,000 | +318.6% | $259 / Sq Ft |
| 01/15/2016 01/15/16 | Sold | $43,000 | -7.5% | $62 / Sq Ft |
| 11/13/2015 11/13/15 | Pending | -- | -- | -- |
| 10/29/2015 10/29/15 | For Sale | $46,500 | +32.9% | $67 / Sq Ft |
| 03/25/2015 03/25/15 | Sold | $35,000 | 0.0% | $50 / Sq Ft |
| 12/31/2014 12/31/14 | Pending | -- | -- | -- |
| 06/18/2014 06/18/14 | For Sale | $35,000 | -- | $50 / 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 | $1,568 | $152,200 | $14,800 | $137,400 |
| 2024 | $1,568 | $134,000 | $14,800 | $119,200 |
| 2023 | $1,308 | $111,800 | $14,800 | $97,000 |
| 2022 | $1,205 | $103,000 | $14,800 | $88,200 |
| 2021 | $658 | $56,200 | $14,800 | $41,400 |
| 2020 | $648 | $55,400 | $14,800 | $40,600 |
| 2019 | $648 | $110,800 | $29,600 | $81,200 |
| 2018 | $495 | $42,300 | $14,800 | $27,500 |
| 2017 | $493 | $42,300 | $14,800 | $27,500 |
| 2016 | $459 | $42,300 | $14,800 | $27,500 |
| 2015 | $383 | $42,300 | $14,800 | $27,500 |
| 2014 | $383 | $38,900 | $14,800 | $24,100 |
Source: Public Records
Agents Affiliated with this Home
-
N
Seller's Agent in 2024
Norrey Acasio
Acasio Realty, Inc.
(808) 333-9209
23 in this area
90 Total Sales
-
Buyer's Agent in 2024
Kathleen Oldfather
Coldwell Banker Island Properties - Hilo
(808) 936-6717
18 in this area
78 Total Sales
-
L
Seller's Agent in 2016
Linda Kaeo
Iokua Real Estate
(808) 990-0481
8 in this area
35 Total Sales
-
E
Buyer's Agent in 2016
Estrella Acasio
Acasio Realty, Inc.
1 Total Sale
Map
Source: Hawaii Information Service (MLS Hawaii)
MLS Number: 714011
APN: 3-2-3-016-066-0047
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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