NOT LISTED FOR SALE

485 Waianuenue Ave Unit 232 Hilo, HI 96720

Estimated Value: $165,000 - $198,000

2 Beds
1 Bath
695 Sq Ft
$460/mo HOA Fee

Last Sold May 24, 2023

Last sale price $160,000 $230 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,506/month

142 Days on Market

About This Home

As of May 2023

This is a leasehold property, that will be converted to Fee Simple upon recordation of deed.

Hilo Terrace 2 bedroom, 1 bath condo with Vinyl flooring, carpet in both rooms, new refrigerator and stove. very convenient to down town Hilo. The Condo is right next to the pool, and laundry area. Ideal location close to the Public Library, schools (elementary, middle & high), Boys & Girls Club, parks, post office, restaurants, Bayfront and more.

Onsite manager, mailboxes, refinished pool (2019) and laundry facilities. Assigned parking stall in the recently asphalted (2020) parking lot. Siding on the buildings are in the process of being redone.

Monthly maintenance fee covers common area electricity, gas, water, sewer, association insurance and maintenance of the common areas. Electricity and trash are billed separately. Cable, internet and phone are owner/tenant's responsibility.

Last Agent to Sell the Property

Jade Halama

Hokulani Realty LLC Brokerage Phone: 8084399433 License #RB-23429 Listed on: 11/05/2022

Last Buyer's Agent

Lisa Zamudio

Equity Hawaii Real Estate LLC License #RS-85680

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $200

Year Built

  • Built in 1963

Lot Details

  • 3.37

HOA Fees

  • $460 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • 695 Sq Ft Home

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Range
  • Underground Utilities

Community Details

  • Hilo Terrace Community
  • Hilo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3230160660082

Property Details

Home Type

Condominium

Est. Annual Taxes

$200

Year Built

Built in 1963

Lot Details

0

HOA Fees

$460 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • Attribution Contact: 8084399433
  • Co List Office Phone: 8089347050
  • Ownership: CPR
  • MLS Status: S
  • Subdivision Name: HILO
  • Living Area: 695.0
  • Property Attached Yn: Yes
  • Year Built: 1963
  • Tax Year: 2022
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 1

Exterior Features

  • Waterfront: No
  • Roads: Paved

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Utilities: Electricity Available, Sewer Connected, Underground Utilities

Condo/Co-op/Association

  • Association Fee: 460.0
  • Association Fee Frequency: Monthly
  • Project: Hilo Terrace

Lot Info

  • Zoning: CG-20
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3230160660082
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 200.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2022
Closed on
May 18, 2023
Sold by
Lovemark-Inman Tammy and Lovemark-Inman Randy
Bought by
Cabatu Colby Nehoa Boyce and Cabatu Adrianna
Seller's Agent
Jade Halama
Hokulani Realty LLC
Buyer's Agent
Lisa Zamudio
Equity Hawaii Real Estate LLC
List Price
$165,000
Sold Price
$160,000
Premium/Discount to List
-$5,000
-3.03%
Current Estimated Value
$186,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,450
Avg. Annual Appreciation
7.17%
Original Mortgage
$155,200
Outstanding Balance
$151,459
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$34,991

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
Cabatu Colby Nehoa Boyce -- Tge
Lovemark-Inman Tammy -- Tge
Hilo Terrace Association Of Apartment Ow $3,300,000 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cabatu Colby Nehoa Boyce $155,200
Previous Owner Hilo Terrace Association Of Apartment Ow $4,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2023 08/22/23 Off Market $160,000 -- --
05/24/2023 05/24/23 Sold $160,000 -3.0% $230 / Sq Ft
03/27/2023 03/27/23 Pending -- -- --
11/05/2022 11/05/22 For Sale $165,000 +230.0% $237 / Sq Ft
08/10/2021 08/10/21 Off Market $50,000 -- --
05/03/2021 05/03/21 Sold $50,000 0.0% $72 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
03/23/2021 03/23/21 For Sale $50,000 -- $72 / 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 $200 $152,200 $14,800 $137,400
2024 $200 $134,000 $14,800 $119,200
2023 $200 $106,100 $14,800 $91,300
2022 $200 $103,000 $14,800 $88,200
2021 $346 $56,200 $14,800 $41,400
2020 $648 $55,400 $14,800 $40,600
2019 $341 $110,800 $29,600 $81,200
2018 $495 $42,300 $14,800 $27,500
2017 $260 $42,300 $14,800 $27,500
2016 $459 $42,300 $14,800 $27,500
2015 $383 $40,100 $14,800 $25,300
2014 $383 $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: 666441

Hawaii Information Service (MLS Hawaii)

APN: 3-2-3-016-066-0082