NOT LISTED FOR SALE

54 Kaumana Dr Hilo, HI 96720

Estimated Value: $232,583 - $251,000

2 Beds
2 Baths
924 Sq Ft
$260/Sq Ft Est. Value

Last Sold April 12, 2024

Last sale price $225,000 $244 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,446/month

5 Days on Market

Highlights

  • City View
  • Level Lot
  • 2-minute walk to Pe'e Pe'e Falls
  • Detached Garage
  • Vinyl Flooring

About This Home

As of April 2024

CONTRACTOR, DEVELOPER, INVESTOR, OR HOMEOWNER OPPORTUNITY IN EXCELLENT HILO LOCATION ON KAUMANA DRIVE!

Here's an opportunity to either renovate the existing dwelling, or do a complete demolition and build a brand new home! Information obtained from the County indicates that the house was permitted in 1949, however, Seller mentioned that it could have been built in the 1920's, or older. It currently has 2 bedrooms and 2 baths. Additions and alterations were permitted in 1954 and 1957, with a Real Property Tax Field Card showing the living area as 924 square feet and carport of 286 square feet. Lots of storage area underneath the house. Due to it's age and condition, the home is in need of work, but creates an opportunity for a Buyer with vision to take advantage of the property's outstanding Hilo location!

Existing driveway/carport located on the front left side of the property serves as the vehicle access onto the property. Buyer may want to consider extending current driveway/carport further into the property, or possibly create a new driveway at another location. Driveway along the right side of the property line belongs to owner in the back. According to County Wastewater Division, existing cesspool will need to be abandoned and filled-in and property hooked-up to existing sewer connection located at the front of the property.

The information herein is believed to be correct but may contain inaccuracies and is provided without warranty or guarantee of any kind. Agent and Buyers must independently verify any information they deem material or important to their purchase or any offered price thereunder. Square footage should be confirmed by an appraisal report. All interested Buyers and their agents advised to contact the County Planning, Building, and Wastewater Departments, and other County departments or governmental agencies, to determine renovation or rebuilding requirements.

Last Listed By

Darren Ah Chong

Ah Chong Realty, LLC Brokerage Phone: 8089368002 License #RB-20333 Listed on: 03/04/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,480

Year Built

  • Built in 1949

Lot Details

  • Lot Dimensions are 66 x 120
  • Property fronts a county road
  • Level Lot
  • Property is zoned RS-7.5

Parking

  • Detached Garage

Home Design

  • Wood Frame Construction

Interior Spaces

  • 924 Sq Ft Home
  • Vinyl Flooring
  • City Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cesspool
  • Sewer Not Available
  • Phone Available
  • Cable TV Available

Community Details

  • Piihonua Houselots 3Rd Series Subdivision

Listing and Financial Details

  • Tax Lot A
  • Assessor Parcel Number 3230250090000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,480

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • ResoLotFeatures: See Remarks
  • Road Frontage Type: HIS Road/Street
  • Attribution Contact: 8089368002
  • Co List Office Phone: 8087478600
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: PIIHONUA HOUSELOTS - 3RD SERIES
  • Living Area: 924.0
  • Property Attached Yn: No
  • Year Built: 1949
  • Tax Year: 2023
  • HIS_PoolYN: No
  • Unit Description: Single Family Home
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable
  • HIS_Easement: Electric
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: None
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Flooring: Vinyl
  • Total Bathrooms: 2
  • Design: Single Wall, Wood Frame

Exterior Features

  • Topography: Fairly Level
  • View: City
  • Waterfront: No
  • Roads: County, Paved

Garage/Parking

  • Parking Features: Detached, Other

Utilities

  • Cooling: Cash
  • Sewer: Cesspool
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Not Available

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RS-7.5
  • Lot Dimensions: 66 x 120
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3230250090000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1479.63
  • Tax Lot: A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2024
Closed on
Apr 10, 2024
Sold by
Correa James K and Makekau Crystal K
Bought by
Lee Ryan
Seller's Agent
Darren Ah Chong
Ah Chong Realty, LLC
Buyer's Agent
Patricia Summers
Big Island Properties
List Price
$239,000
Sold Price
$225,000
Premium/Discount to List
-$14,000
-5.86%
Total Days on Market
5
Views
2
Current Estimated Value
$240,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,646
Avg. Annual Appreciation
6.55%

Purchase Details

Closed on
May 31, 2018
Sold by
Correa James K
Bought by
Correa James K and Makekau Crystal K

Purchase Details

Closed on
Sep 14, 2016
Sold by
Correa James S and Correa Adeline A
Bought by
Correa James K

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
Lee Ryan -- First American Title Of Hawaii
Correa James K -- None Available
Correa James K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Ryan $162,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2024 04/16/24 Off Market $225,000 -- --
04/12/2024 04/12/24 Sold $225,000 -5.9% $244 / Sq Ft
03/09/2024 03/09/24 Pending -- -- --
03/04/2024 03/04/24 For Sale $239,000 -- $259 / 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
2024 $1,273 $114,700 $112,300 $2,400
2023 $1,480 $133,300 $130,900 $2,400
2022 $1,480 $133,300 $130,900 $2,400
2021 $1,326 $119,500 $117,000 $2,500
2020 $1,109 $99,900 $97,500 $2,400
2019 $1,109 $99,900 $97,500 $2,400
2018 $971 $87,500 $85,100 $2,400
2017 $971 $87,500 $85,100 $2,400
2016 $879 $87,500 $85,100 $2,400
2015 -- $84,200 $81,800 $2,400
2014 -- $84,200 $81,800 $2,400
Source: Public Records

Agents Affiliated with this Home

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Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 708478

Hawaii Information Service (MLS Hawaii)

APN: 3-2-3-025-009-0000