NOT LISTED FOR SALE

498 Laukapu St Hilo, HI 96720

Estimated Value: $465,000 - $561,748

3 Beds
1 Bath
1,176 Sq Ft
$445/Sq Ft Est. Value

Last Sold September 02, 2022

Last sale price $400,000 $340 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,944/month

62 Days on Market

About This Home

As of September 2022

This is a short sale and contingent on the lenders approval. Seller's Realtor to be present on all showings. Seller's Real Property Disclosure Statement (SRPDS) is limited. Property conveyed in "AS IS" condition. No K-1, Staking or K-2 Survey at Seller's expense. Buyer & Buyer's Agent to investigate all pertinent and material facts and not solely rely on information provided by the Listing Agent and or the Listing Office.

Last Agent to Sell the Property

Tony Arruda

Arruda Properties Ltd Brokerage Phone: 8089878819 License #RB-14501 Listed on: 09/29/2021

Last Buyer's Agent

Mary Begier

Mary Begier Realty License #RB-14405

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $200

Year Built

  • Built in 1938

Lot Details

  • Property fronts a county road
  • Property is zoned RS-10

Parking

  • Covered Parking

Interior Spaces

  • 1,176 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Community Details

  • Waiakea House Lots 1St Series Subdivision

Listing and Financial Details

  • Legal Lot and Block 10 / 14
  • Assessor Parcel Number 3220340620000

Home Details

Home Type

Single Family

Est. Annual Taxes

$200

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Attribution Contact: 8089878819
  • Co List Office Phone: 8089615851
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: WAIAKEA HOUSE LOTS 1ST SERIES
  • Living Area: 1176.0
  • Property Attached Yn: No
  • Year Built: 1938
  • Tax Year: 2021
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Flooring: Hardwood
  • Total Bathrooms: 1

Exterior Features

  • Waterfront: No
  • Roads: County

Garage/Parking

  • Parking Features: Covered

Utilities

  • Cooling: Cash
  • Utilities: Electricity Available, Sewer Connected

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RS-10
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3220340620000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 200.0
  • Tax Block: 14
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2021
Closed on
Aug 17, 2022
Sold by
Ashida Lincoln S T
Bought by
Friends Of The Childrens Justice Center Of Ea
Seller's Agent
Tony Arruda
Arruda Properties Ltd
Buyer's Agent
Mary Begier
Mary Begier Realty
List Price
$650,000
Sold Price
$400,000
Premium/Discount to List
-$250,000
-38.46%
Total Days on Market
62
Views
69
Current Estimated Value
$523,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,437
Avg. Annual Appreciation
10.20%
Original Mortgage
$300,000
Outstanding Balance
$288,412
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$235,025

Purchase Details

Closed on
Nov 26, 2001
Sold by
Chong William J S and Chong Margaret C
Bought by
Ball Merrie Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,300
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 1997
Sold by
Chong James J Y
Bought by
Chong William J S and Chong Margaret C
Source: Public Records

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Range of Values:

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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
Friends Of The Childrens Justice Center Of Ea -- Title Guaranty
Friends Of The Childrens Justice Center Of Ea -- Title Guaranty
Ball Merrie Christine $134,600 --
Chong William J S -- --
Chong James J Y -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Friends Of The Childrens Justice Center Of Ea $300,000
Closed Friends Of The Childrens Justice Center Of Ea $300,000
Previous Owner Ball Merrie Christine $315,000
Previous Owner Ball Merrie Christine $269,500
Previous Owner Ball Merrie Christine $225,000
Previous Owner Ball Merrie Christine $127,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2022 12/01/22 Off Market $400,000 -- --
09/02/2022 09/02/22 Sold $400,000 -38.5% $340 / Sq Ft
09/29/2021 09/29/21 For Sale $650,000 -- $553 / 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 $557,500 $363,800 $193,700
2024 $200 $482,300 $296,300 $186,000
2023 $200 $442,600 $269,600 $173,000
2022 $200 $171,600 $67,000 $104,600
2021 $200 $166,600 $67,000 $99,600
2020 $200 $161,700 $67,000 $94,700
2019 $200 $157,000 $67,000 $90,000
2018 $200 $152,400 $67,000 $85,400
2017 $46 $148,000 $67,000 $81,000
2016 $461 $143,700 $67,000 $76,700
2015 $329 $139,500 $67,000 $72,500
2014 $329 $135,400 $67,000 $68,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 654757

Hawaii Information Service (MLS Hawaii)

APN: 3-2-2-034-062-0000