$329,000
SOLD MAY 30, 2025

588 Akahai Place Hilo, HI 96720

3 Beds
1.5 Baths
720 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$457 Per Sq Ft

6% Below List Price

161 Days on Market

About This Home

As of May 2025

Let's not allow perfection to be the enemy of good. This is a good house! Almost a hundred years old? Yes. Tiny? Yes. But I like to think of it as a cosy home with history.

Before homes were fumigated and like a lot of old camp cottages, it's been nibbled on by termites, but seemingly not in the foundation piers. Today, and for many years back, it has been covered by Termite Warranty. The home feels solid. Simply put, it was built, and then shortly after added onto, back in the day prior to building codes.

The cottage's shortcomings can be tackled one project at a time, over time, but this won't preclude you from in the meantime, living in a quiet neighborhood only a few minutes from banking, post office, shopping, restaurants, library, and all things medical, including our hospital, Hilo Medical Center. From the property it's only a short drive to the Hilo Bay shoreline, Carlsmith and Richardson's beaches, and ony minutes to Honolii for surfing. It's an outstanding location if you're a surfer but love the convenience of being right in Hilo. If you're looking to downsize to a space of just 720 sqft. with front porch, side porch, gated covered parking, 2 mature fruit trees, and a manageable sized lawn, with Municipal water and city gas , (yes, I did say city gas), this little gem could be just what you're looking for.

All appliances in the kitchen and laundry room, are included.

Last Agent to Sell the Property

Ainslie Schmidt

RE/MAX Properties Brokerage Phone: 8089384433 License #RS-57915 Listed on: 11/23/2024

RE/MAX Properties

Last Buyer's Agent

Tina Marie Vincent

The Agency - Oahu License #RB-22773

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,157

Year Built

  • Built in 1928

Lot Details

  • Stone Wall
  • Chain Link Fence
  • Property is zoned RS-7.5

Parking

  • Deeded Parking

Home Design

  • 720 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cesspool
  • Phone Available
  • Cable TV Available

Community Details

  • Wainaku Camp Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 3260150220000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,157

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Chain Link, Stone
  • Attribution Contact: 8089384433
  • Co List Office Phone: 8089359800
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: WAINAKU CAMP
  • Living Area: 720.0
  • Property Attached Yn: No
  • Year Built: 1928
  • Tax Year: 2024
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: County-No Charge
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Washer
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 1

Exterior Features

  • Waterfront: No
  • Roads: Paved

Garage/Parking

  • Parking Features: Deeded

Utilities

  • Sewer: Cesspool
  • Utilities: Electricity Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RS-7.5
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3260150220000

Tax Info

  • Tax Annual Amount: 3156.84
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2024
Closed on
May 28, 2025
Sold by
Sutherland James Dexter and Sutherland Dede M
Bought by
Diltz Claudia and Roveda Francesca
Seller's Agent
Ainslie Schmidt
RE/MAX Properties
Buyer's Agent
Tina Marie Vincent
The Agency - Oahu
List Price
$349,000
Sold Price
$329,000
Premium/Discount to List
-$20,000
-5.73%
Views
151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1517.96%

Purchase Details

Listed on
Jun 19, 2018
Closed on
Jul 17, 2018
Sold by
Carlson Lars G and Carlson Julia J
Bought by
Reiplinger Sutherland James Dexter and Reiplinger Sutherland M Dede Kanekapolei
Seller's Agent
Evan Cole Clarke
Hawaii Life
Buyer's Agent
Ainslie Schmidt
RE/MAX Properties
List Price
$190,000
Sold Price
$196,000
Premium/Discount to List
$6,000
3.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.85%

Purchase Details

Closed on
Nov 30, 2007
Sold by
James Albert E and James Juanita B
Bought by
Carlson Lars G and Carlson Julia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.26%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 2, 2005
Sold by
Daquigan Santiaga
Bought by
James Albert E and James Juanita B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Fam
Warranty Deed -- Fam
Warranty Deed -- Tg
Warranty Deed -- Itc
Warranty Deed $120,000 Tg
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $180,500 New Conventional
Previous Owner $188,000 Unknown
Previous Owner $100,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Sold $329,000 -5.7% $457 / Sq Ft
11/23/2024 11/23/24 For Sale $349,000 -5.4% $485 / Sq Ft
08/07/2024 08/07/24 Price Changed $369,000 -4.2% $513 / Sq Ft
07/20/2024 07/20/24 For Sale $385,000 +96.4% $535 / Sq Ft
07/25/2018 07/25/18 Sold $196,000 +3.2% $272 / Sq Ft
06/23/2018 06/23/18 Pending -- -- --
06/19/2018 06/19/18 For Sale $190,000 -- $264 / 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 $3,157 $298,000 $150,000 $148,000
2024 $3,157 $284,400 $142,900 $141,500
2023 $2,973 $267,800 $136,200 $131,600
2022 $2,973 $267,800 $136,200 $131,600
2021 $2,435 $219,400 $108,900 $110,500
2020 $2,249 $202,600 $94,300 $108,300
2019 $2,187 $197,000 $94,800 $102,200
2018 $1,623 $146,200 $89,600 $56,600
2017 $1,600 $144,100 $89,600 $54,500
2016 $1,246 $124,000 $79,600 $44,400
2015 -- $127,300 $87,000 $40,300
2014 -- $126,600 $87,000 $39,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 715827

Hawaii Information Service (MLS Hawaii)

APN: 3-2-6-015-022-0000