NOT LISTED FOR SALE

550 Lama St Hilo, HI 96720

Estimated Value: $566,000 - $654,000

4 Beds
2.5 Baths
2,824 Sq Ft
$221/Sq Ft Est. Value

Last Sold June 23, 2017

Last sale price $562,500 $199 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,674/month

21 Days on Market

Highlights

  • In Ground Pool
  • 1-Story Property
  • Carpet
  • Waiakea High School Rated A

About This Home

As of June 2017

Unique redwood/cedar home located in Panaewa. In addition to 4 bedrooms and 2.5 bathrooms, attached to the garage is a 520 sq ft storage room. This home is perfect for entertaining with a pool, out door shower and large high ceiling rec room with kitchenette built in 1991. Property is well landscaped with tropical plants and large grassy areas. This property feels like a tropical oasis, but is conveniently located close to shopping and entertainment in Hilo.

Last Agent to Sell the Property

Charlotte Kekela

eXp Realty Brokerage Phone: 8086408982 License #RB-24220 Listed on: 01/24/2017

eXp Realty

Co-Listed By

Garth Yamanaka

Yamanaka Enterprises Inc Brokerage Phone: 8086408982 License #RB-22642

Last Buyer's Agent

Renee Hill

Hawaii Life License #RB-18683

Hawaii Life

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,174

Year Built

  • Built in 1962

Lot Details

  • Property fronts a county road
  • Property is zoned A-3A

Parking

  • Covered Parking

Interior Spaces

  • 2,824 Sq Ft Home
  • 1-Story Property
  • Carpet

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

  • In Ground Pool
  • Gunite Pool

Utilities

  • Cesspool

Community Details

  • Panaewa Houselots Subdivision

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number 3220510040000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,174

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Co List Office Mls Id: 2157
  • Co List Office Phone: 8089359766
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: PANAEWA HOUSELOTS
  • Unit Levels: One
  • Living Area: 2824.0
  • Property Attached Yn: Yes
  • Year Built: 1962
  • Tax Year: 2016
  • HIS_PoolYN: Yes
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Range, Refrigerator
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Carpet

Exterior Features

  • Pool Features: Gunite, In Ground, Outdoor Pool
  • Waterfront: No
  • Roads: County, Paved

Garage/Parking

  • Parking Features: Covered

Utilities

  • Sewer: Cesspool
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: A-3A
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3220510040000

Tax Info

  • Tax Annual Amount: 5174.0
  • Tax Lot: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2020
Sold by
Kondo Sueo and Sueo Kondo Revocable Living Tr
Bought by
Hata Marvin S and Naito Hata Lori
Current Estimated Value
$623,306
Source: Public Records

Range of Values:

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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
Hata Marvin S $340,000 Fam
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2024 11/29/24 Off Market $562,500 -- --
06/23/2017 06/23/17 Sold $562,500 -3.0% $199 / Sq Ft
02/14/2017 02/14/17 Pending -- -- --
01/24/2017 01/24/17 For Sale $580,000 -- $205 / 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 $4,947 $510,200 $279,400 $230,800
2024 $4,947 $529,100 $307,500 $221,600
2023 $4,801 $513,500 $307,500 $206,000
2022 $4,801 $513,500 $307,500 $206,000
2021 $4,314 $461,400 $279,500 $181,900
2020 $539 $234,500 $96,800 $137,700
2019 $506 $227,700 $96,800 $130,900
2018 $473 $221,100 $96,800 $124,300
2017 $442 $214,700 $96,500 $118,200
2016 $410 $208,400 $96,500 $111,900
2015 $243 $202,300 $96,500 $105,800
2014 $243 $196,400 $96,500 $99,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 603261

Hawaii Information Service (MLS Hawaii)

APN: 3-2-2-051-006-0000