NOT LISTED FOR SALE

640 Hinano St Hilo, HI 96720

Estimated Value: $667,000 - $1,081,000

9 Beds
4.5 Baths
4,764 Sq Ft
$197/Sq Ft Est. Value

Last Sold October 18, 2013

Last sale price $221,888 $47 Per Sq Ft

Est. 322% increase in value since last sale

Current estimated payment $5,835/month

42 Days on Market

About This Home

As of October 2013

Fantastic location minutes from downtown Hilo. This bank owned property offers two improvements: Built in 1924 and 1992. Plenty of space to enjoy as the 1924 improvement is a 5 bedroom / 2 bathroom / 2747 sq ft and the 1992 improvement is 4 bedroom / 2.5 bathroom / 2017 sq ft.
The property is situated on a very large 22,500 sq. ft. parcel.

Last Agent to Sell the Property

Marty Smith

Hawaii Life Brokerage Phone: 8083453765 License #RB-12543 Listed on: 07/26/2013

Hawaii Life

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924

Lot Details

  • 0.51

Parking

  • Covered Parking

Home Design

  • Double Stud Wall

Interior Spaces

  • 4,764 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 9 Bedrooms

Additional Features

  • Property is zoned RS-10
  • Cesspool

Community Details

  • Waiakea House Lots 1St Series Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 3220360280000

Home Details

Home Type

Single Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Attribution Contact: 8083453765
  • Co List Office Phone: 8088801236
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: WAIAKEA HOUSE LOTS 1ST SERIES
  • Living Area: 4764.0
  • Property Attached Yn: No
  • Year Built: 1924
  • Tax Year: 2013
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 9
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Flooring: Carpet
  • Total Bathrooms: 4
  • Design: Double Wall, Single Wall

Exterior Features

  • Waterfront: No
  • Roads: Paved

Garage/Parking

  • Parking Features: Covered, None

Utilities

  • Cooling: Cash
  • Sewer: Cesspool
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RS-10
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3220360280000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4808.0
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2020
Sold by
D & W Rentals Llc
Bought by
Chen David W and Chen Lily W
Current Estimated Value
$937,256

Purchase Details

Closed on
Oct 22, 2019
Sold by
Chen David W and Chen Lily W
Bought by
D & W Rentals Llc

Purchase Details

Closed on
Sep 19, 2017
Sold by
Chen David W and Chen Lily W
Bought by
Chen David W and Chen Lily W

Purchase Details

Listed on
Jul 26, 2013
Closed on
Oct 10, 2013
Sold by
The Bank Of New York Mellon
Bought by
Chen David Wei
Seller's Agent
Marty Smith
Hawaii Life
List Price
$187,900
Sold Price
$221,888
Premium/Discount to List
$33,988
18.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.75%

Purchase Details

Closed on
May 1, 2008
Sold by
Countrywide Document Custody Services
Bought by
Bank Of New York and The Certificateholders Cwabs Inc Asset B

Purchase Details

Closed on
Mar 18, 2005
Sold by
Cordero Santiago and Cordero Anna
Bought by
Cordero Santiago and Cordero Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
5.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2005
Sold by
Corder Santiago and Cordero Anna
Bought by
Cordero Santiago and Cordero Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
5.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2004
Sold by
Cordero Santiago and Cordero Anna
Bought by
Cordero Santiago and Cordero Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
5.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 1999
Sold by
Cordero Santiago and Cordero Anna
Bought by
Cordero Santiago and Cordero Anna
Source: Public Records

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
Chen David W -- None Available
D & W Rentals Llc $496,600 None Available
Chen David W -- None Available
Chen David W -- None Available
Chen David Wei $221,888 Fam
Bank Of New York $464,866 Accommodation
Cordero Santiago -- --
Cordero Santiago -- Stc
Cordero Santiago -- --
Cordero Santiago -- Island Title Corp
Cordero Santiago -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cordero Santiago $337,500
Previous Owner Cordero Santiago $255,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2013 10/18/13 Sold $221,888 +18.1% $47 / Sq Ft
09/06/2013 09/06/13 Pending -- -- --
07/26/2013 07/26/13 For Sale $187,900 -- $39 / 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 $10,567 $1,210,100 $363,800 $846,300
2024 $10,567 $1,102,000 $296,300 $805,700
2023 $9,645 $1,018,900 $269,600 $749,300
2022 $9,978 $1,018,900 $269,600 $749,300
2021 $8,235 $850,100 $216,300 $633,800
2020 $11,331 $1,020,800 $227,700 $793,100
2019 $3,054 $616,600 $157,100 $459,500
2018 $2,943 $598,600 $157,100 $441,500
2017 $2,836 $581,200 $157,100 $424,100
2016 $2,732 $564,300 $157,100 $407,200
2015 -- $528,500 $157,100 $371,400
2014 -- $484,300 $115,500 $368,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 265552

Hawaii Information Service (MLS Hawaii)

APN: 3-2-2-036-028-0000