NOT LISTED FOR SALE

54 Derby Ln Hilo, HI 96720

Hilo Area

Estimated Value: $408,059

3 Beds
1 Bath
880 Sq Ft
$464/Sq Ft Est. Value

Sale Details

Date Sold: October 5, 2021

Last sale price $317,500 $361 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,439 / mo

6 Days on Market

Highlights

  • Detached Garage
  • Landscaped
  • 3-minute walk to Hawaii County Planning Department

About This Home

As of October 2021

This is a fantastic opportunity to own a 3 bedroom 1 bathroom home in the heart of Hilo town. Conveniently located in close proximity to Historic Bayfront, Hilo Farmer's Market, and a host of popular local eateries. A mere two miles from the University of Hawaii at Hilo. This is a rare opportunity to own two adjacent lots, #45 and #47 that are both zoned for duplexes. Both TMKs are included in this price. This home is in need of a remodel to bring it back to life. House has been steadily rented for 16 years. House is being sold as-is.

Information herein deemed reliable but not guaranteed. Buyer and Buyers Agent to do their own due diligence of all pertinent facts

Last Agent to Sell the Property

Suzanne Paulsen

Big Island Homes & Land Co., Ltd. License #RS-66477 Listed on: 07/27/2021

Last Buyer's Agent

Laura Richman

RE/MAX Properties License #RS-61549

RE/MAX Properties

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1967

Lot Details

  • Property fronts a county road
  • Landscaped
  • Property is zoned RD-3.75

Parking

  • Detached Garage

Interior Spaces

  • 880 Sq Ft Home
  • Laminate Flooring
  • Electric Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • Fairwiew Lots Subdivision

Listing and Financial Details

  • Legal Lot and Block 15 / 4
  • Assessor Parcel Number 322019045

Home Details

Home Type

Single Family

Year Built

Built in 1967

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • ResoLotFeatures: Landscaped
  • Ownership: Full
  • MLS Status: S
  • Standard Status: Closed
  • Subdivision Name: FAIRWIEW LOTS
  • Living Area: 880.0
  • Property Attached Yn: No
  • Year Built: 1967
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • Land Tenure: Fee Simple
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable, DSL, Wireless
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Electric Cooktop, Refrigerator
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Flooring: Laminate
  • Design: Single Wall

Exterior Features

  • Waterfront: No
  • Roads: County, Paved

Garage/Parking

  • Parking Features: Detached

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RD-3.75
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 322019045
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Block: 4
  • Tax Lot: 15

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2021
Closed on
Sep 30, 2021
Sold by
Bennett Suzanne
Bought by
Seller's Agent
Suzanne Paulsen
Big Island Homes & Land Co., Ltd.
Buyer's Agent
Laura Richman
RE/MAX Properties
List Price
$325,000
Sold Price
$317,500
Premium/Discount to List
-$7,500
-2.31%
Current Estimated Value
$408,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,559
Avg. Annual Appreciation
5.17%

Purchase Details

Closed on
Oct 12, 2005
Sold by
Walker Setman
Bought by
Bennett Suzanne

Purchase Details

Closed on
May 17, 2005
Sold by
Ramos Rose C
Bought by
Walker Setman

Purchase Details

Closed on
Jul 3, 2003
Sold by
Ramos Rose
Bought by
Ramos Rose C and Rose C Ramos Living Trust

Purchase Details

Closed on
May 15, 1996
Sold by
Ramos Lucio E and Ramos Rick
Bought by
Ramos Lucio E and Ramos Rose
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$317,500 Fam
Bennett Suzanne $285,000 Multiple
Walker Setman $50,000 Island Title Corporation
Ramos Rose C -- --
Ramos Lucio E -- --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/05/2021 10/05/21 Sold $317,500 -2.3% $361 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $325,000 -- $369 / Sq Ft
Source: Hawaii Information Service (MLS Hawaii)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,417 $130,700 $130,700
2025 $1,417 $127,700 $127,700
2024 $1,417 $127,700 $127,700
2023 $1,417 $127,700 $127,700 $0
2022 $1,417 $127,700 $127,700 $0
2021 $1,268 $114,200 $114,200 $0
2020 $1,102 $99,300 $99,300 $0
2019 $768 $69,200 $69,200 $0
2018 $768 $69,200 $69,200 $0
2017 $578 $52,100 $52,100 $0
2016 $524 $52,100 $52,100 $0
2015 -- $52,100 $52,100 $0
2014 -- $52,100 $52,100 $0
Source: Public Records

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 652482

Hawaii Information Service (MLS Hawaii)

APN: 3-2-2-019-047-0000

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