Seller's Agent in 2023
Howard Meguro
Coldwell Banker Island Properties - Hilo
(808) 896-2549
103 in this area
539 Total Sales
Estimated Value: $604,000 - $700,000
6
Beds
3
Baths
1,961
Sq Ft
$329/Sq Ft
Est. Value
About This Home
As of December 2023Introducing a remarkable investment opportunity in the heart of Hilo, Hawaii! This multi-family property, nestled on the corner of Barenaba and Derby Lane, boasts three distinct homes on a generously sized 10,192 square foot lot. Situated just moments away from government offices, stores, restaurants, and the vibrant downtown Hilo scene, this unique property offers both convenience and potential.
62 Barenaba Lane is a charming abode featuring 2 bedrooms and a full bath, providing a cozy retreat for its residents. The lower level is thoughtfully designed with ample storage space, ensuring a clutter-free living environment.
Next door, 54 Barenaba Lane offers another 2-bedroom home with a full bath, and a remarkable bonus – a convenient half bath on the lower level. This extra space opens the door to various possibilities.
Completing this trio of homes, 84 Derby Lane offers a spacious living experience with 2 bedrooms and a full bath. Downstairs, you'll find an expansive area that can be transformed into your special space.
These three homes collectively present an enticing opportunity for rental income, extended family living, or a blend of both. Enjoy the serenity of Hilo while being just steps away from the pulse of the city. Don't miss your chance to own this versatile multi-home property in this prime location – it's a slice of paradise with endless potential!
** Check out the property video **
Last Agent to Sell the Property
Coldwell Banker Island Properties - Hilo Brokerage Phone: 8088962549 License #RB-22392 Listed on: 11/09/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,255
Year Built
- Built in 1935
Lot Details
- Property fronts a county road
Home Design
- Triplex
Interior Spaces
- 1,961 Sq Ft Home
- Laminate Flooring
- Range
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Utilities
- Cesspool
- Cable TV Available
Community Details
- Fairwiew Lots Subdivision
Listing and Financial Details
- Tax Lot 10 TO 12,22TO24
- Assessor Parcel Number 3220190440000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 9, 2023
Closed on
Dec 27, 2023
Sold by
Tomokiyo Lynn Naomi and Muromoto Liane Ruth
Bought by
Demontford Byers Jeri
Seller's Agent
Howard Meguro
Coldwell Banker Island Properties - Hilo
Buyer's Agent
Rose Delfin
Aloha Sotheby's Intl Realty - Hawai'i
List Price
$600,000
Sold Price
$600,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,722
Avg. Annual Appreciation
4.22%
Purchase Details
Closed on
Dec 19, 2019
Sold by
Iwashita Robert Hiroshi
Bought by
Iwashita Rochelle Lark Leiko
Purchase Details
Closed on
May 21, 2019
Sold by
Iwashita Robert Hiroshi
Bought by
The Iwashita Family Irrevocable Trust
Purchase Details
Closed on
Sep 5, 2015
Sold by
Iwashita Charlotte Keiko
Bought by
Iwashita Charlotte Keiko and Revocable Trust Of Charlotte Keiko Iwash
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Demontford Byers Jeri | -- | Tge | |
| Iwashita Rochelle Lark Leiko | $180,000 | None Available | |
| Iwashita Robert Hiroshi | -- | None Available | |
| Perez Wendy Lanette Chiemi | -- | None Available | |
| The Iwashita Family Irrevocable Trust | -- | None Available | |
| Iwashita Robert Hiroshi | -- | None Available | |
| Iwashita Robert Hiroshi | -- | None Available | |
| Iwashita Charlotte Keiko | -- | None Available | |
| Iwashita Charlotte Keiko | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/25/2024 09/25/24 | Off Market | $600,000 | -- | -- |
| 12/29/2023 12/29/23 | Sold | $600,000 | 0.0% | $306 / Sq Ft |
| 11/16/2023 11/16/23 | Pending | -- | -- | -- |
| 11/09/2023 11/09/23 | For Sale | $600,000 | -- | $306 / Sq Ft |
Source: Hawaii Information Service (MLS Hawaii)
Tax History Compared to Growth
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 | $4,449 | $564,500 | $152,700 | $411,800 |
| 2024 | $4,449 | $400,800 | $152,700 | $248,100 |
| 2023 | $4,255 | $383,300 | $152,700 | $230,600 |
| 2022 | $1,993 | $324,000 | $119,100 | $204,900 |
| 2021 | $1,935 | $314,600 | $119,100 | $195,500 |
| 2020 | $1,878 | $305,400 | $119,100 | $186,300 |
| 2019 | $2,866 | $258,200 | $82,800 | $175,400 |
| 2018 | $2,788 | $251,200 | $82,800 | $168,400 |
| 2017 | $2,491 | $224,400 | $62,300 | $162,100 |
| 2016 | $1,959 | $194,900 | $62,300 | $132,600 |
| 2015 | -- | $182,700 | $62,300 | $120,400 |
| 2014 | -- | $180,900 | $62,300 | $118,600 |
Source: Public Records
Agents Affiliated with this Home
-
Howard Meguro
-
Rose Delfin
R
Buyer's Agent in 2023
Rose Delfin
Aloha Sotheby's Intl Realty - Hawai'i
(808) 969-7863
37 in this area
177 Total Sales
Map
Source: Hawaii Information Service (MLS Hawaii)
MLS Number: 704846
APN: 3-2-2-019-044-0000
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IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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