NOT LISTED FOR SALE

98 Kohola St Hilo, HI 96720

Estimated Value: $288,000 - $456,000

5 Beds
1 Bath
1,834 Sq Ft
$195/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $250,000 $136 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,991/month

47 Days on Market

About This Home

As of November 2021

A rare opportunity to purchase a vintage Hawaiian family home in a commercially zoned area in the heart of Hilo town!! The home has had one owner since 1925 and is a fixer, however, is in great location and zoned for Commercial use - so many possibilities! Backs up to the Hilo Shopping Center and talk on the street is there is a Brewery going in close by. Tremendous opportunity to rehab and re-sell, live in the home, or open a business. A current survey and building inspection are available. CASH Only - no mortgages or seller financing.

Last Agent to Sell the Property

Karen Ferrara, MBA

COMPASS Brokerage Phone: 8088830094 License #RS-72752 Listed on: 09/01/2021

Last Buyer's Agent

Greg Gadd

Big Island Homes & Land Co., Ltd. License #RB-11451

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,302

Year Built

  • Built in 1928

Lot Details

  • Property fronts a county road
  • Property is zoned CG-7.5

Home Design

  • 1,834 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cesspool

Community Details

  • Waiakea Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3220540210000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,302

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: WAIAKEA
  • Living Area: 1834.0
  • Property Attached Yn: No
  • Year Built: 1928
  • Tax Year: 2020
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: None
  • Total Bedrooms: 5
  • Full Bathrooms: 1

Exterior Features

  • Waterfront: No
  • Roads: County

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Cash
  • Sewer: Cesspool
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: CG-7.5
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3220540210000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2302.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2021
Closed on
Nov 15, 2021
Sold by
Pacheco Roland and Estate Of Agnes Pacheco
Bought by
Hilo Center Llc
Seller's Agent
Karen Ferrara, MBA
COMPASS
Buyer's Agent
Greg Gadd
Big Island Homes & Land Co., Ltd.
List Price
$299,000
Sold Price
$250,000
Premium/Discount to List
-$49,000
-16.39%
Current Estimated Value
$358,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,363
Avg. Annual Appreciation
9.27%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hilo Center Llc $250,000 Tg
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2021 11/19/21 Sold $250,000 -16.4% $136 / Sq Ft
10/18/2021 10/18/21 Pending -- -- --
09/01/2021 09/01/21 For Sale $299,000 -- $163 / 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 $1,348 $126,000 $126,000 --
2024 $1,348 $126,000 $126,000 --
2023 $1,348 $126,000 $126,000 $0
2022 $2,729 $255,000 $120,100 $134,900
2021 $2,373 $221,800 $109,200 $112,600
2020 $2,303 $215,200 $109,200 $106,000
2019 $200 $155,200 $75,700 $79,500
2018 $150 $150,700 $75,700 $75,000
2017 $150 $146,300 $75,700 $70,600
2016 $75 $142,000 $75,700 $66,300
2015 $50 $137,900 $75,700 $62,200
2014 $50 $133,900 $75,700 $58,200
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Karen Ferrara, MBA

    COMPASS

    (808) 883-0094

    1 in this area

    52 Total Sales

    Karen Ferrara, MBA
    Section Image

  • G

    Buyer's Agent in 2021

    Greg Gadd

    Big Island Homes & Land Co., Ltd.

    (808) 936-4616

    7 in this area

    19 Total Sales

    Greg Gadd
    Section Image
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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 653208

Hawaii Information Service (MLS Hawaii)

APN: 3-2-2-054-021-0000

Hawaii Hawaii County Hilo 96720

98 Kohola St, Hilo, HI

Not Listed for Sale

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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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