NOT LISTED FOR SALE

640 Mala'E Place Hilo, HI 96720

Estimated Value: $1,128,000 - $1,390,000

4 Beds
3 Baths
2,504 Sq Ft
$509/Sq Ft Est. Value

Last Sold February 02, 2024

Last sale price $1,200,000 $479 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,648/month

110 Days on Market

About This Home

As of February 2024

***Drastic Price Reduction!!***

Welcome to 640 Malae Pl, a stunningly brand-new home located in the prestigious Kupulau Meadows Subdivision. Visit this grand 4-bedroom, 3-bathroom home that features over 3,500 sqft under roof on over 1.3 acres of land.

Enter through the double door front entry into an open concept living space and be captivated by the many upgrades seen throughout the home:

-9' ceilings throughout with ceiling fans in living and in each bedroom.
-Tray ceilings in the living room with Split Unit AC in living and dining area.
-Open concept living w/vinyl flooring in main areas of home and plush carpeting in bedrooms.
-Shaker style cabinetry w/soft-close feature & crown moulding & matching finishes.
-Quartz countertops throughout home.
-Large walk-in pantry in kitchen
-Black Stainless Steel refrigerator, dishwasher and flat top stove/convection oven.
-Recessed lighting throughout home and pendent lighting over kitchen counter.
-Master features tray ceilings, fan and another split unit AC.
-Large 11'X10' walk-in master closet.
-Elegantly tiled to ceiling walk-in shower w/custom soap niche and rain shower head.
-Soaker Jet tub jacuzzi in master bath
-Master dual vanity w/makeup counter area and mirror spanning entire length of countertop
-2 full community baths w/tiling all the way to the ceiling in showers and also upgraded shower glass doors. Also mirrored entire width of sink countertop.
-Indoor laundry, mud room area with front load washer and dryer also included in sale.
-Ample storage closets in the 2-car auto enclosed garage.
-Large apron and driveway with wrap-around sidewalks around entire home.
-Covered rear patio w/wet bar.
-Exterior flood lights w/5 security cameras and a Ring security doorbell too.

Come schedule your showing today before this beautiful home is gone!

(Furniture and items are for staging purposes only and not for sale)

Last Agent to Sell the Property

Reyn Shimooka

Century 21 Homefinders of Hawaii Brokerage Phone: 8089908325 License #RB-22420 Listed on: 08/29/2023

Century 21 Homefinders of Hawaii

Last Buyer's Agent

Renee Hill

Hawaii Life License #RB-18683

Hawaii Life

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,970

Year Built

  • Built in 2023

Lot Details

  • Property fronts a county road
  • Cleared Lot
  • Property is zoned A-1A

Parking

  • Covered Parking

Home Design

  • 2,504 Sq Ft Home

Kitchen

  • Convection Oven
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Front Loading Dryer
  • Front Loading Washer

Utilities

  • Underground Utilities
  • Electric Water Heater
  • Septic Tank

Community Details

  • Kupulau Meadows Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 3240760370000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,970

Year Built

Built in 2023

Lot Details

1.33 Acres

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • ResoLotFeatures: Cleared
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: KUPULAU MEADOWS
  • Living Area: 2504.0
  • Property Attached Yn: Yes
  • Year Built: 2023
  • Tax Year: 2022
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • Land Tenure: Fee Simple
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_WaterHeater: Electric
  • Special Features: 4098
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
  • Total Bedrooms: 4
  • Full Bathrooms: 3

Exterior Features

  • Waterfront: No
  • Roads: County

Garage/Parking

  • Parking Features: Covered

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available, Underground Utilities

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: A-1A
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3240760370000

Tax Info

  • Tax Annual Amount: 2970.5
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2023
Closed on
Jan 24, 2024
Sold by
Kow Carol Ann Dalmacio
Bought by
Piilani Kali Jasmine and Piilani Mieko Frias
Seller's Agent
Reyn Shimooka
Century 21 Homefinders of Hawaii
Buyer's Agent
Renee Hill
Hawaii Life
List Price
$1,395,000
Sold Price
$1,200,000
Premium/Discount to List
-$195,000
-13.98%
Views
440
Current Estimated Value
$1,274,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,707
Avg. Annual Appreciation
2.85%
Original Mortgage
$840,000
Outstanding Balance
$824,330
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$450,377

Purchase Details

Closed on
Oct 22, 2020
Sold by
Ohashi Gary Masashi and Ohashi Laurie Naomi
Bought by
Kow Carol Ann Dalmacio

Purchase Details

Closed on
Sep 15, 2004
Sold by
Foliage Partners
Bought by
Ohashi Gary Masashi and Ohashi Laurie Naomi
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Piilani Kali Jasmine -- First American Title Of Hawaii
Kow Carol Ann Dalmacio $275,001 Fam
Ohashi Gary Masashi $96,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Piilani Kali Jasmine $840,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2024 09/25/24 Off Market $1,200,000 -- --
04/28/2024 04/28/24 Off Market $1,200,000 -- --
04/07/2024 04/07/24 Off Market $1,200,000 -- --
02/08/2024 02/08/24 Off Market $1,200,000 -- --
02/02/2024 02/02/24 Sold $1,200,000 0.0% $479 / Sq Ft
11/29/2023 11/29/23 Price Changed $1,200,000 -3.9% $479 / Sq Ft
10/25/2023 10/25/23 Price Changed $1,249,000 -3.6% $499 / Sq Ft
09/26/2023 09/26/23 Price Changed $1,295,000 -7.2% $517 / Sq Ft
08/27/2023 08/27/23 For Sale $1,395,000 -- $557 / Sq Ft
Source: Hawaii Information Service (MLS Hawaii)

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 $10,044 $1,126,900 $394,600 $732,300
2024 $10,044 $1,074,200 $394,500 $679,700
2023 $3,447 $368,700 $368,700 $0
2022 $2,971 $317,700 $317,700 $0
2021 $2,419 $258,700 $258,700 $0
2020 $2,400 $256,700 $256,700 $0
2019 $2,073 $221,700 $221,700 $0
2018 $2,073 $221,700 $221,700 $0
2017 $1,886 $201,700 $201,700 $0
2016 $1,819 $196,700 $196,700 $0
2015 -- $181,700 $181,700 $0
2014 -- $181,700 $181,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 702932

Hawaii Information Service (MLS Hawaii)

APN: 3-2-4-076-037-0000

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