NOT LISTED FOR SALE

5 Makakai Place Hilo, HI 96720

Estimated Value: $842,000 - $1,173,000

4 Beds
2 Baths
1,708 Sq Ft
$554/Sq Ft Est. Value

Last Sold May 29, 2014

Last sale price $500,000 $293 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $5,129/month

38 Days on Market

Highlights

  • Ocean View
  • Jogging Path
  • Community Playground
  • Corner Lot
  • Cul-De-Sac
  • 5-minute walk to Honolii Beach Park

About This Home

As of May 2014

This information is unavailable

Last Buyer's Agent

Garth Yamanaka

Yamanaka Enterprises Inc License #RB-22642

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,347

Year Built

  • Built in 1967

Lot Details

  • Property fronts a county road
  • Cul-De-Sac
  • Stone Wall
  • Landscaped
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Grass Covered Lot
  • Natural Drainage
  • Property is zoned RS-15

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • 2 Carport Spaces

Property Views

  • Ocean
  • Garden

Home Design

  • Wood Frame Construction

Interior Spaces

  • 1,708 Sq Ft Home
  • 1-Story Property
  • Blinds

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cesspool
  • Private Sewer
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 19
  • Assessor Parcel Number 3260260230000

Community Details

Overview

  • Alae Point Community
  • Alae Point Subdivision

Recreation

  • Community Playground
  • Park
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,347

Year Built

Built in 1967

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • ResoCommunityFeatures: Park, Playground, Walking/Jogging Path
  • Reso Fencing: Stone
  • ResoLotFeatures: Cleared, Corner Lot, Cul-De-Sac, Grassy, Landscaped
  • Road Frontage Type: HIS Road/Street
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: ALAE POINT
  • Carport Spaces: 2.0
  • Unit Levels: One
  • Living Area: 1708.0
  • Property Attached Yn: Yes
  • Reso Window Features: Blinds
  • Year Built: 1967
  • Tax Year: 2013
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Private Contractor
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable
  • HIS_Easement: Drainage, Electric, Other (remarks)
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Flooring: Ceramic Tile, Laminate
  • Design: Single Wall, Wood Frame

Exterior Features

  • Topography: Fairly Level
  • View: Garden, HIS Sunrise, Ocean
  • Waterfront: No
  • Exterior Features: Lightning
  • Roads: County, Paved, Street Lights

Garage/Parking

  • Parking Features: Covered

Utilities

  • Sewer: Cesspool
  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 2.35
  • Association Fee Frequency: Monthly
  • Project: Alae Point

Lot Info

  • Zoning: RS-15
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3260260230000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3347.0
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2014
Closed on
May 15, 2014
Sold by
Taylor Larry E and Taylor Marianne
Bought by
Capati Chrissy Allyn and Miranda Marc Wilama
Buyer's Agent
Garth Yamanaka
Yamanaka Enterprises Inc
List Price
$550,000
Sold Price
$500,000
Premium/Discount to List
-$50,000
-9.09%
Current Estimated Value
$946,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$446,654
Avg. Annual Appreciation
5.69%
Original Mortgage
$475,000
Outstanding Balance
$360,647
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$586,007

Purchase Details

Closed on
Feb 17, 2004
Sold by
Exchange Facilitators Inc
Bought by
Taylor Larry E and Taylor Marianne

Purchase Details

Closed on
Dec 24, 2003
Sold by
Leung Enrique
Bought by
Exchange Facilitators Inc

Purchase Details

Closed on
Sep 15, 1998
Sold by
Hanley Mary B
Bought by
Inter Pacific Motors Inc and Orchid Island Auto Center
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Capati Chrissy Allyn $500,000 Fam
Taylor Larry E $1,000 --
Exchange Facilitators Inc $249,000 --
Inter Pacific Motors Inc $193,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Capati Chrissy Allyn $475,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2014 05/29/14 Sold $500,000 -9.1% $293 / Sq Ft
03/05/2014 03/05/14 Pending -- -- --
01/26/2014 01/26/14 For Sale $550,000 -- $322 / 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 $1,836 $461,500 $197,300 $264,200
2024 $1,836 $448,100 $197,300 $250,800
2023 $1,833 $435,000 $197,300 $237,700
2022 $1,859 $422,300 $197,300 $225,000
2021 $1,784 $410,000 $197,300 $212,700
2020 $1,713 $398,100 $197,300 $200,800
2019 $1,656 $386,500 $197,300 $189,200
2018 $1,600 $375,200 $197,300 $177,900
2017 $1,546 $364,300 $197,300 $167,000
2016 $1,494 $353,700 $212,500 $141,200
2015 -- $343,400 $212,500 $130,900
2014 -- $343,500 $212,500 $131,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 270379

Hawaii Information Service (MLS Hawaii)

APN: 3-2-6-026-023-0000