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Backup Offers

518 Iwalani St, Hilo, HI, 96720

$875,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths, 2 Partial
2,948 SqFt
$297/SqFt
House
Schools Nearby

Location

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518 Iwalani St, Hilo$875,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCovered, Attached
Year Built1996
CoolingAir Conditioning, Zoned
MLS #709719
StatusAccepting Backup Offers
(Contingent)

About 518 Iwalani St

Don't miss out on this exceptional opportunity to own not one, but two residential units on a generous19,980 sf lot. The main home is a 2 story kama'aina classic featuring 4 bedrooms and 2 full baths and office. The home has been updated through the years but still maintains it's charm. <br>In addition to this, the former boat house in back has been converted to a modern and fully permitted 2 bedroom 1 bath ohana, perfect for the extended family, aging parents or could even be rented out for additional income. <br>Property is fully fenced making it safe for both pets or children. When it comes to location, it doesn't get much better than this! Just 2 minutes away from the Hilo Municipal golf course, 5 minutes to UH- Hilo and less than 10 minutes to KTS, Prince Kuhio Plaza, Target, Safeway, Home Depot and numerous other businesses and restaurants.<br>PV system has 10 years remaining on a 20 year lease with Sunrun and will be transferred to new owner at closing. Cost is currently $81/month

Property Details

Property Features

Property Information:

  • Year Built: 1996
  • Living Area: 2,948 SqFt

Listing Office:

  • Office Name: Coldwell Banker Island Properties - Hilo

Interior Features

Interior Information:

  • Appliances: Disposal, Refrigerator, Range, Oven, Range Hood
  • Flooring Type: Ceramic Tile, Hardwood, Vinyl

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Covered, Attached

Lot Features

Lot Information:

  • Lot: Gentle Sloping

Utilities

Utilities Information:

  • Cooling: Air Conditioning, Zoned

School Info

Assigned Schools Information:

  • Waiakea High School, Public District Grades 9-12
  • Waiakea Intermediate School, Public District Grades 6-8
  • Waiakeawaena Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $875,000
  • Price Per SqFt: $297/SqFt

Tax Information:

  • Annual Amount: $6,565
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Hilo, HI.

Med. List Price

$550K

Med. Price/SqFt

$421

Avg. Days On Market

145

# of Sold Homes

1

518 Iwalani St vs Hilo

19 DAYS ON ROCKET

-126 Days

$875,000

+$325K More

$297/SqFt

-$125 Less

KEY TAKEAWAY

This property is $325K more than the Median List Price and $125/SqFt less than other homes in Hilo, HI.

Based on homes listed in April 2024

MLS Details

MLS Information:

  • MLS Number: #709719

Listing Office:

  • Office Name: Coldwell Banker Island Properties - Hilo

IDX © 2024 MLS Hawaii, Inc. All rights reserved.
By searching, you agree to the EULA Terms Agreement.

Those properties marked with Hawaii Information Service's icon are provided courtesy of Hawaii Information Service Multiple Listing Service™ system. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2024, 10:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 30, 2014Home Sold
$410,000
Apr 15, 2002Home Sold
$145,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,565$591,400
2020$6,304$568,000
2019$4,175$418,600
2018$4,038$376,200
2017$4,038$363,800

History based on county public records data.

Payment Calculator

$4,435

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,690

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4426500
8
/10
  • Waiakeawaena Elementary School

  • 2420 Kilauea Ave

  • 0.85 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4426501
5
/10
  • Waiakea Intermediate School

  • 200 W Puainako St

  • 1.05 miles

  • Public District Grades 6-8

High School

school-card-donut-4426502
7
/10
  • Waiakea High School

  • 155 W Kawili St

  • 1.30 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,558. The most common annual income of people living in Hilo, HI is between $35k-100k. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 518 Iwalani St

What is the listing price of this property?

The listing price of 518 Iwalani St property is $875,000.

What type of property is this?

The property 518 Iwalani St is a house located in Hilo, Hawaii, 96720.

Is this property for sale now?

Accepting Backup Offers: 518 Iwalani St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 518 Iwalani St are:
Waiakeawaena Elementary School: GreatSchools Rating 8/10
Waiakea Intermediate School: GreatSchools Rating 5/10
Waiakea High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $6,565 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 30, 2014 for $410,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 518 Iwalani St has 5 bedrooms and 3 full and 2 half bathrooms.

What is the square footage of this property?

The property 518 Iwalani St is 2,948 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 518 Iwalani St is 1996.

Rocket Homes›Hawaii›Hawaii County›Hilo›96720›518 Iwalani St

This home is located at 518 Iwalani St in Hilo, HI and zip code 96720. This 2,948 square foot home was built in 1996. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 10, 2024 and is currently priced at $875,000.

The number of listings in Hilo, HI increased by 11.5% between March 2024 and April 2024. In April 2024, listings were on the market for 145 days. During the same period, the median list price in this real estate market was $550,000.

From Rocket Homes Real Estate and based on county public records data.

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