NOT LISTED FOR SALE

53 Lalawai Place Hilo, HI 96720

Estimated Value: $946,767 - $1,132,000

0.76 Acre
$1,378,871 Price per Acre
33,106 Sq Ft Lot

Last Sold December 30, 2016

Last sale price $185,000

Est. 466% increase in value since last sale

Current estimated payment $6,243/month

435 Days on Market

Highlights

  • Bay View
  • Home fronts a stream
  • Grass Covered Lot
  • Corner Lot
  • Level Lot

About This Lot

As of December 2016

Well if you missed the opportunity to get in on this superb subdivision on the Hilo-Hamakua Coast during the first offering, here is your chance to own the only one of eight lots available. Owner had to return to mainland for personal reasons. All amenities are available including county water, cable, underground electric. Build your dream home on this extra large lot, located just a little over 3 miles from town. Bonus: property borders stream. Lower elevation at approximately 150 feet.

Last Agent to Sell the Property

Kathleen Oldfather

Coldwell Banker Island Properties - Hilo Brokerage Phone: 8089366717 License #RB-16583 Listed on: 06/09/2015

Last Buyer's Agent

Kathleen Oldfather

Coldwell Banker Island Properties - Hilo Brokerage Phone: 8089366717 License #RB-16583 Listed on: 06/09/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,784

Lot Details

  • Home fronts a stream
  • Property fronts a private road
  • Property fronts a county road
  • Corner Lot
  • Level Lot
  • Grass Covered Lot
  • Property is zoned RS-10

Property Views

  • Bay Views

Utilities

  • Underground Utilities
  • Sewer Not Available
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • Honolii Place Community
  • Honolii Place Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 3270400010000

Property Details

Property Type

Land

Est. Annual Taxes

$1,784

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub-Type: HIS Vacant Land
  • Road Frontage Type: Stream/Canal
  • ResoLotFeatures: Corner Lot, Grassy
  • Road Frontage Type: HIS Road/Street
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: HONOLII PLACE SUBDIVISION
  • Elevation: 100
  • Tax Year: 2014
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • HIS_InternetAccess: Cable, Wireless
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Topography: Fairly Level,Gentle Slope
  • View: Bay
  • Waterfront: No
  • Roads: County, Paved, Private

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Not Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Project: Honolii Place

Lot Info

  • Zoning: RS-10
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3270400010000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1784.0
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2015
Closed on
Nov 19, 2016
Sold by
Ritter Michael Keith
Bought by
Lee William Edward
Seller's Agent
Kathleen Oldfather
Coldwell Banker Island Properties - Hilo
Buyer's Agent
Kathleen Oldfather
Coldwell Banker Island Properties - Hilo
List Price
$215,000
Sold Price
$185,000
Premium/Discount to List
-$30,000
-13.95%
Current Estimated Value
$1,047,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$862,942
Avg. Annual Appreciation
21.30%
Original Mortgage
$452,000
Interest Rate
3.94%
Mortgage Type
Construction

Purchase Details

Closed on
May 31, 2013
Sold by
Hilo One Incorporated
Bought by
Ritter Michael Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
3.37%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lee William Edward $185,000 Fam
Ritter Michael Keith $180,000 Fam
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lee William Edward $452,000
Previous Owner Ritter Michael Keith $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2017 03/30/17 Off Market $185,000 -- --
12/30/2016 12/30/16 Sold $185,000 -14.0% --
08/17/2016 08/17/16 Pending -- -- --
06/09/2015 06/09/15 For Sale $215,000 -- --
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 $8,832 $877,600 $397,600 $480,000
2024 $8,832 $795,700 $345,600 $450,100
2023 $8,135 $732,900 $314,200 $418,700
2022 $7,554 $680,500 $261,800 $418,700
2021 $6,905 $615,700 $250,800 $364,900
2020 $2,692 $597,800 $246,900 $350,900
2019 $2,585 $580,400 $246,900 $333,500
2018 $4,844 $436,400 $229,600 $206,800
2017 $2,423 $218,300 $218,300 $0
2016 $2,157 $214,600 $214,600 $0
2015 -- $214,600 $214,600 $0
2014 -- $177,600 $177,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 285053

Hawaii Information Service (MLS Hawaii)

APN: 3-2-7-040-001-0000