NOT LISTED FOR SALE

7 Luana Way Hilo, HI 96720

Estimated Value: $619,000 - $705,000

4 Beds
2 Baths
1,792 Sq Ft
$371/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $475,000 $265 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,232/month

5 Days on Market

Highlights

  • Ocean View
  • Corner Lot
  • Carpet
  • Ernest Bowen de Silva Elementary School Rated A-
  • Attached Garage

About This Home

As of October 2021

Location, location in the Desilva school district! This home has been entirely renovated. Upper level offers tastefully upgraded kitchen with new cabinets, granite countertops and tile back splash and Island. The flooring is new with vinyl plank and stairs to upper level kitchen has new carpeting.

Included are stainless steel refrigerator, dishwasher, range, and farmhouse sink. The living room and three bedrooms include new vinyl windows. Hallway bathroom is upgraded as well with granite countertops, new fixtures, vanity and cabinets and floors. Additional bedrooms have been added that is not permitted. Owner has built new stairs located just off the back porch and garage has a newer door! Ocean views can be viewed from upstairs kitchen and master bedroom on a clear day!

Additional feature is the outdoor sitting area just off back door allows for entertaining space or relaxation. The grounds of the property includes Lychee tree, tangerine tree and Lilikoi.

*Home to be Sold in As Is condition ~All furniture will be included with the sale. Inventory list to be provided.

Last Listed By

Kimberly Parks

Parks Realty LLC License #RB-19981 Listed on: 08/11/2021

Parks Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,156

Year Built

  • Built in 1965

Lot Details

  • Property fronts a county road
  • Corner Lot
  • Level Lot
  • Property is zoned RS-10

Parking

  • Attached Garage

Interior Spaces

  • 1,792 Sq Ft Home
  • 2-Story Property
  • Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Cesspool
  • Phone Available
  • Cable TV Available

Community Details

  • Ponahawai Homesteads Community
  • Ponahawai Homesteads Kaumana Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 325012045

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,156

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • ResoLotFeatures: Corner Lot
  • Road Frontage Type: HIS Road/Street
  • Co List Office Phone: 8083158846
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: PONAHAWAI HOMESTEADS - KAUMANA
  • Unit Levels: Two
  • Living Area: 1792.0
  • Property Attached Yn: Yes
  • Year Built: 1965
  • HIS_PoolYN: No
  • Unit Description: Single Family Home
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 2

Exterior Features

  • Topography: Fairly Level
  • View: Ocean
  • Waterfront: No
  • Roads: County, Paved

Garage/Parking

  • Parking Features: Attached, Covered

Utilities

  • Cooling: Wall/Window Unit(s)
  • Sewer: Cesspool
  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Project: Ponahawai Homesteads

Lot Info

  • Zoning: RS-10
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 325012045
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2021
Closed on
Oct 5, 2021
Sold by
Krail George Todd and Krail Kimberly Dawn
Bought by
Shimizu Aaron Masaru and Shimizu Latisha Maria
Seller's Agent
Kimberly Parks
Parks Realty LLC
Buyer's Agent
Kathleen Oldfather
Coldwell Banker Island Properties - Hilo
List Price
$495,000
Sold Price
$475,000
Premium/Discount to List
-$20,000
-4.04%
Total Days on Market
5
Current Estimated Value
$664,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,313
Avg. Annual Appreciation
9.71%
Original Mortgage
$451,250
Outstanding Balance
$415,053
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$249,260

Purchase Details

Listed on
Jul 18, 2016
Closed on
Dec 1, 2016
Sold by
Bank Of America National Association
Bought by
Krail George Todd and Krail Kimerly Dawn
Buyer's Agent
Kimberly Parks
Parks Realty LLC
List Price
$299,000
Sold Price
$230,000
Premium/Discount to List
-$69,000
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.17%

Purchase Details

Closed on
Mar 6, 2015
Sold by
Carey Phillip L
Bought by
Bank Of America National Association

Purchase Details

Closed on
Mar 24, 2006
Sold by
Lopez Charles A
Bought by
Lopez Charles A and Charles A Lopez Jr Revocable Living Tr

Purchase Details

Closed on
Nov 19, 2005
Sold by
Lopez Charles A
Bought by
Lopez Charles A

Purchase Details

Closed on
Aug 19, 1999
Sold by
Lopez Charles A
Bought by
Lopez Charles A and Charles A Lopez Jr Revocable Living Tr

Purchase Details

Closed on
Jul 22, 1998
Sold by
Ogata Earl Kenji
Bought by
Lopez Charles A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,700
Interest Rate
7.01%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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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
Shimizu Aaron Masaru $475,000 Tg
Krail George Todd $230,000 Fnt
Bank Of America National Association $206,100 None Available
Lopez Charles A -- None Available
Lopez Charles A -- Itc
Lopez Charles A -- --
Lopez Charles A $117,600 First American Long & Melone
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shimizu Aaron Masaru $451,250
Previous Owner Krail George Todd $240,000
Previous Owner Krail George Todd $218,000
Previous Owner Lopez Charles A $111,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2021 10/08/21 Sold $475,000 -4.0% $265 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
08/11/2021 08/11/21 For Sale $495,000 +115.2% $276 / Sq Ft
12/07/2016 12/07/16 Sold $230,000 -23.1% $128 / Sq Ft
11/17/2016 11/17/16 Pending -- -- --
07/18/2016 07/18/16 For Sale $299,000 -- $167 / 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 $6,156 $574,700 $187,500 $387,200
2024 $6,156 $554,600 $187,500 $367,100
2023 $5,683 $512,000 $170,500 $341,500
2022 $5,610 $505,400 $163,900 $341,500
2021 $1,094 $272,400 $123,400 $149,000
2020 $1,055 $264,500 $123,400 $141,100
2019 $1,017 $256,800 $123,400 $133,400
2018 $980 $249,300 $123,400 $125,900
2017 $2,641 $237,900 $114,400 $123,500
2016 $2,023 $201,300 $98,800 $102,500
2015 $294 $188,200 $91,300 $96,900
2014 $294 $186,900 $91,300 $95,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 653002

Hawaii Information Service (MLS Hawaii)

APN: 3-2-5-012-045-0000