NOT LISTED FOR SALE

50 Malaai Rd Hilo, HI 96720

Estimated Value: $585,000 - $744,000

4 Beds
2 Baths
1,728 Sq Ft
$369/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $545,000 $315 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,397/month

Highlights

  • Garden View
  • Attached Garage
  • Level Lot
  • Waiakea High School Rated A
  • Landscaped

About This Home

As of March 2023

Very well maintained clean home. 3 bedroom 2 bath with laundry room and 2 car carport on large lot. Great neighborhood!

Last Agent to Sell the Property

Hank Correa

Better Homes and Gardens Real Estate Hank Correa Realty Brokerage Phone: 8089602626 License #RB-16506 Listed on: 02/10/2023

Last Buyer's Agent

Hank Correa

Better Homes and Gardens Real Estate Hank Correa Realty Brokerage Phone: 8089602626 License #RB-16506 Listed on: 02/10/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,145

Year Built

  • Built in 1970

Lot Details

  • Property fronts a private road
  • Street terminates at a dead end
  • Chain Link Fence
  • Landscaped
  • Level Lot
  • Property is zoned A-3A

Parking

  • Attached Garage

Interior Spaces

  • 1,728 Sq Ft Home
  • Laminate Flooring
  • Garden Views
  • Range
  • Washer

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cesspool
  • Phone Available
  • Cable TV Available

Community Details

  • Waiakea Lani Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 3240540150000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,145

Year Built

Built in 1970

Lot Details

0.35 Acres

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Chain Link
  • ResoLotFeatures: Dead End, Landscaped
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: WAIAKEA LANI SUBDIVISION
  • Living Area: 1728.0
  • Property Attached Yn: No
  • Year Built: 1970
  • Tax Year: 2022
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • Land Tenure: Fee Simple
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave Hood, Range, Refrigerator, Washer
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Flooring: Laminate

Exterior Features

  • Topography: Fairly Level
  • View: Garden
  • Waterfront: No
  • Roads: Paved, Private

Garage/Parking

  • Parking Features: Attached, Covered

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: A-3A
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3240540150000

Tax Info

  • Tax Annual Amount: 1145.0
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2017
Closed on
May 4, 2017
Sold by
Gaddis Ben H
Bought by
Norem Joshua D and Norem Charity A
Seller's Agent
Nate Gaddis
COMPASS
Buyer's Agent
Kona Moran
Hilo Brokers Ltd
List Price
$325,000
Sold Price
$319,500
Premium/Discount to List
-$5,500
-1.69%
Current Estimated Value
$637,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,395
Avg. Annual Appreciation
8.21%
Original Mortgage
$255,600
Outstanding Balance
$212,796
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$425,099

Purchase Details

Listed on
May 22, 2015
Closed on
Nov 10, 2015
Sold by
Flores Gilbert Felix
Bought by
Flores Gilbert Felix and Flores Norma Maxine
Seller's Agent
JJ Jasinski
Aloha O Kakou LP
Buyer's Agent
James Francis Hanley
Aloha Sotheby's Intl Realty - Hawai'i
List Price
$379,000
Sold Price
$381,615
Premium/Discount to List
$2,615
0.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-19.31%
Original Mortgage
$268,159
Interest Rate
3.71%
Mortgage Type
VA

Purchase Details

Closed on
Mar 29, 2011
Sold by
Gaddis Ben H and Gaddis Mary L
Bought by
Gaddis Ben H and Ben H Gaddis Revocable Living Trust
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
Norem Joshua D $319,500 Tg
Flores Gilbert Felix -- None Available
Gaddis Ben H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norem Joshua D $255,600
Previous Owner Flores Gilbert Felix $268,159
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/29/2024 11/29/24 Off Market $279,000 -- --
11/29/2024 11/29/24 Off Market $319,500 -- --
10/02/2024 10/02/24 Off Market $545,000 -- --
03/31/2023 03/31/23 Sold $545,000 0.0% $315 / Sq Ft
02/10/2023 02/10/23 Pending -- -- --
02/10/2023 02/10/23 For Sale $545,000 +19.3% $315 / Sq Ft
10/29/2022 10/29/22 Off Market $457,000 -- --
07/29/2022 07/29/22 Sold $457,000 -8.4% $327 / Sq Ft View Prior Sale
06/16/2022 06/16/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $499,000 -0.4% $357 / Sq Ft
09/15/2021 09/15/21 Sold $501,000 +5.5% $340 / Sq Ft View Prior Sale
07/25/2021 07/25/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $475,000 +48.7% $323 / Sq Ft
05/15/2017 05/15/17 Sold $319,500 +14.5% $241 / Sq Ft View Prior Sale
03/29/2017 03/29/17 Sold $279,000 -14.2% $264 / Sq Ft View Prior Sale
03/29/2017 03/29/17 Pending -- -- --
03/18/2017 03/18/17 For Sale $325,000 +16.5% $245 / Sq Ft
02/04/2017 02/04/17 Pending -- -- --
01/24/2017 01/24/17 For Sale $279,000 -26.9% $264 / Sq Ft
10/14/2015 10/14/15 Sold $381,615 +0.7% $232 / Sq Ft View Prior Sale
08/04/2015 08/04/15 Pending -- -- --
05/22/2015 05/22/15 For Sale $379,000 -- $230 / Sq Ft
Source: Hawaii Information Service (MLS Hawaii)

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 $1,329 $352,000 $153,300 $198,700
2024 $1,329 $341,700 $153,300 $188,400
2023 $1,325 $331,700 $153,300 $178,400
2022 $1,338 $322,000 $153,300 $168,700
2021 $1,292 $312,600 $153,300 $159,300
2020 $1,247 $303,500 $153,300 $150,200
2019 $1,204 $294,700 $153,300 $141,400
2018 $1,162 $286,100 $153,300 $132,800
2017 $2,170 $232,100 $142,800 $89,300
2016 $125 $150,500 $65,000 $85,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 667818

Hawaii Information Service (MLS Hawaii)

APN: 3-2-4-054-018-0000

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