NOT LISTED FOR SALE

50 Luana Way Hilo, HI 96720

Estimated Value: $582,484 - $658,000

5 Beds
2.5 Baths
1,288 Sq Ft
$475/Sq Ft Est. Value

Last Sold November 16, 2020

Last sale price $365,000 $283 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,630/month

246 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Interior Lot
  • Ernest Bowen de Silva Elementary School Rated A-
  • Attached Garage
  • Stone Wall

About This Home

As of November 2020

Large, restored home in cool Kaumana, registered "Short Term Vacation Rental" with Non Conforming Use Certificate can be transferred to new owner. Charming, with 4 bedrooms, one and one-half baths on main level. Lower Level includes 468 SqFt one bedroom/one bath apartment with kitchenette and private entrance, permitted as Unfinished Basement. Lower Level also includes 420 SqFt Storage, 400 SqFt garage. 500 SqFt porch and additional porch with sauna off rear of home. Wood floors, walls, doors and windows offer warmth and charm... Luana means contented, pleasant surrounding and the large lot offers old gardens with rock paths, benches under shade trees, Anthurium gardens, bridges and occasional stream...

Last Agent to Sell the Property

Susan Lancaster

Lancaster Real Property Brokerage Phone: 8089373799 License #RB-21048 Listed on: 01/10/2020

Last Buyer's Agent

Wailana Herbst

Corcoran Pacific Properties License #RB-24019

Corcoran Pacific Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $294

Year Built

  • Built in 1955

Lot Details

  • Property fronts a county road
  • Stone Wall
  • Interior Lot
  • Gentle Sloping Lot
  • Property is zoned RS-10

Parking

  • Attached Garage

Property Views

  • Ocean
  • Garden

Interior Spaces

  • 1,288 Sq Ft Home
  • 2-Story Property
  • Drapes & Rods
  • Range

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cesspool
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • Ponahawai Homesteads Kaumana Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 8
  • Assessor Parcel Number 3250120400000

Home Details

Home Type

Single Family

Est. Annual Taxes

$294

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Stone
  • ResoLotFeatures: Interior Lot
  • Road Frontage Type: HIS Road/Street
  • Attribution Contact: 8089373799
  • Co List Office Phone: 8089373799
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: PONAHAWAI HOMESTEADS - KAUMANA
  • Unit Levels: Two
  • Living Area: 1288.0
  • Property Attached Yn: No
  • Reso Window Features: Drapes
  • Year Built: 1955
  • Tax Year: 2018
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_OtherBuildingArea: 420
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: Yes
  • HIS_InternetAccess: Cable, DSL, Wireless
  • HIS_Easement: Electric, Water
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Total Bedrooms: 5
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Flooring: Ceramic Tile, Hardwood
  • Total Bathrooms: 2

Exterior Features

  • Topography: Gentle Slope
  • View: Garden, HIS Sunrise, Ocean Horizon
  • Waterfront: No
  • Roads: County

Garage/Parking

  • Parking Features: Attached, Covered

Utilities

  • Cooling: Cash
  • Sewer: Cesspool
  • Utilities: Cable Available, Electricity Available, Phone Available

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RS-10
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3250120400000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 294.0
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2020
Closed on
Oct 23, 2020
Sold by
Lancaster Susan Frances
Bought by
Hauschildt Purves Maren
Seller's Agent
Susan Lancaster
Lancaster Real Property
Buyer's Agent
Wailana Herbst
Corcoran Pacific Properties
List Price
$425,000
Sold Price
$365,000
Premium/Discount to List
-$60,000
-14.12%
Current Estimated Value
$612,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,121
Avg. Annual Appreciation
11.04%

Purchase Details

Closed on
Jul 2, 2013
Sold by
Lancaster Susan Frances
Bought by
Revoca Lancaster Susan Frances and Susan Frances Lancaster Revocable Living

Purchase Details

Closed on
Oct 13, 2003
Sold by
Revoca Honzaki William Masashi
Bought by
Lancaster Susan Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 1994
Sold by
Kasamoto Donald and Kasamoto Gerald
Bought by
Kasamoto Gerald
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 Buyer Sale Price Title Company
Hauschildt Purves Maren $365,000 Tg
Revoca Lancaster Susan Frances -- None Available
Lancaster Susan Frances $190,000 --
Kasamoto Gerald $77,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lancaster Susan Frances $142,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2021 02/15/21 Off Market $365,000 -- --
11/16/2020 11/16/20 Sold $365,000 -14.1% $283 / Sq Ft
09/12/2020 09/12/20 Pending -- -- --
01/10/2020 01/10/20 For Sale $425,000 -- $330 / 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 $4,614 $423,800 $200,800 $223,000
2024 $4,614 $415,700 $200,900 $214,800
2023 $4,245 $382,400 $182,700 $199,700
2022 $4,166 $375,300 $175,600 $199,700
2021 $3,738 $336,800 $163,600 $173,200
2020 $343 $169,600 $61,700 $107,900
2019 $319 $164,700 $61,700 $103,000
2018 $295 $159,900 $61,700 $98,200
2017 $272 $155,200 $61,700 $93,500
2016 $250 $150,700 $61,700 $89,000
2015 $133 $146,300 $61,700 $84,600
2014 $133 $142,000 $61,700 $80,300
Source: Public Records

Agents Affiliated with this Home

  • Susan Lancaster

    Seller's Agent in 2020

    Susan Lancaster

    Lancaster Real Property

    (808) 937-3799

    2 in this area

    2 Total Sales

    Susan Lancaster
    Section Image
  • Wailana Herbst

    Buyer's Agent in 2020

    Wailana Herbst

    Corcoran Pacific Properties

    (808) 589-2040

    31 in this area

    115 Total Sales

    Wailana Herbst
    Section Image
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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 635630

Hawaii Information Service (MLS Hawaii)

APN: 3-2-5-012-040-0000

Hawaii Hawaii County Hilo 96720

50 Luana Way, Hilo, HI

This home is located at 50 Luana Way, Hilo, HI 96720 since 10 January 2020 and is currently estimated at $612,121, approximately $475 per square foot. This property was built in 1955. 50 Luana Way is a home located in Hawaii County with nearby schools including Ernest Bowen de Silva Elementary School, Hilo Intermediate School, and Hilo High School.

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.

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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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