$2,426,000

76 E Palai St Hilo, HI 96720

Estimated payment $13,707/month

Total Views 11,552
10 Beds
5.5 Baths
3,704 Sq Ft
$655 Price per Sq Ft

About This Home

Four separate parcels, 7 dwelling structures totaling 10 rented units. All Stable Cash Flowing Properties with Strong History of High Occupancy. Possible Added Value by Subdividing some of the Lots. Off-Street Parking or Carport Space for All Units. Refer to MLS #'s 710954, 711445, 711985, 712305 for information on each individual property.

1) Tax Key Number: (3) 2-2-055-008 - MLS# 710954
76 A E Palai Street Hilo, 96720
Zoning: RS-10; Lot Size: 20,210 SF, Subdivision Possible
2092 SF, 3 Structures, 3 Units with Carports

2) Parcel Number 3-1-1-16-26 - MLS# 711445
11-3223 Mokuna Street Volcano, 96785
Zoning: A-1A; Lot Size: 10,000 SF
832 SF, 2 Structures, 2 Units with Carports

3) Tax Key Number 3-2-8-018-035 - MLS# 711985
28-1712 Honomu Road; Honomu, HI 96728
Zoning: RS-7.5; Lot Size: 17,380 SF, Subdivision Possible
2442 SF, 1 Structure, 3 Units, Separate Entrances with Parking

4) Tax Key Number 3-2-2-018-010 - MLS# 712305
161 HOKU STREET Hilo, HI 96720
Zoning: RS-3.75 (Multifamily); Lot Size: 3,554 SF
1602 SF, 1 Structure, 2 Units, Designated Off-Street Parking

Renovation and Improvements Done to All Units Recently. All Customary Public Utilities Available to the Units. All Fee simple. AS-IS”. All Showing for occupied units will be done after an accepted contract to reduce disturbing the tenants. Palai Street Unit B is currently vacant for showing purposes, but easy to fill. Potential tenants are on a waiting list. New Quartz countertop with undermount sink to be installed by mid July, 2024.

Listing Agent

Patricia Summers

Big Island Properties Brokerage Phone: 8083452202 License #RB-16293 Listed on: 07/10/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,705

Year Built

  • Built in 1954

Lot Details

  • Property fronts a private road
  • Property fronts a county road

Home Design

  • 3,704 Sq Ft Home

Bedrooms and Bathrooms

  • 10 Bedrooms

Utilities

  • Cistern
  • Cesspool
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • Waiakea Highland View Lots Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 3220550080000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,705

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Attribution Contact: 8083452202
  • Co List Office Phone: 8083452202
  • Ownership: Full
  • MLS Status: A
  • Subdivision Name: WAIAKEA HIGHLAND VIEW LOTS
  • Living Area: 3704.0
  • Year Built: 1954
  • Tax Year: 2023
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • HIS_InternetAccess: Cable
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Total Bedrooms: 10
  • Full Bathrooms: 5
  • One Quarter Bathrooms: 1
  • Total Bathrooms: 5

Exterior Features

  • Waterfront: No
  • Roads: County, Paved, Private

Garage/Parking

  • Parking Features: Other

Utilities

  • Sewer: Cesspool, Septic Tank
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected
  • Water Source: Cistern

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RS-10
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3220550080000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3705.18
  • Tax Lot: 3

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,441 $249,400 $112,400 $137,000
2024 $1,441 $242,100 $112,400 $129,700
2023 $1,445 $235,000 $112,400 $122,600
2022 $1,403 $228,200 $112,400 $115,800
2021 $1,363 $221,600 $112,400 $109,200
2020 $1,323 $215,100 $112,400 $102,700
2019 $1,284 $208,800 $112,400 $96,400
2018 $1,247 $202,700 $112,400 $90,300
2017 $1,210 $196,800 $112,400 $84,400
2016 $1,175 $191,100 $112,400 $78,700
2015 -- $185,500 $112,400 $73,100
2014 -- $180,100 $107,500 $72,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2024 07/10/24 For Sale $2,426,000 -- $655 / Sq Ft
Source: Hawaii Information Service (MLS Hawaii)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $160,000 Fam
Warranty Deed $30,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 Credit Line Revolving
Closed $150,000 Credit Line Revolving
Closed $150,000 Credit Line Revolving
Source: Public Records

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 712297

Hawaii Information Service (MLS Hawaii)

APN: 3-2-2-055-011-0000