Under contract

Price cut: $50K (6/5)

$575,000

1556 Alu St, Hilo, HI 96720

4beds

2,008sqft

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Single Family Residence

Built in 1982

0.28 Acres Lot

$554,700 Zestimate^®

$286/sqft

$-- HOA

What's special

Mountain and ocean viewsNice cross breezes

Great opportunity to take advantage of this well priced home located in one of Waiakea's most sought after neighborhoods. With over 2,000 sqft of living area, the potential is definitely there, all it needs is some updating and a little sweat equity (or someone elses). Home sits high on the lot offering nice cross breezes, mountain and ocean views. The deck is perfect for entertaining on those warm summer days and the fireplace is perfect for cozying up to on those cool winter evenings. There is even a nice community park located just a 5 minute walk away.

54 days

1,835

77

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Appliances

Included: Dryer, Range, Range Hood, Refrigerator, Washer

Features

Flooring: Carpet
Has fireplace: Yes
Fireplace features: Wood Burning

Interior area

Total structure area: 2,008
Total interior livable area: 2,008 sqft

Property

Parking

Total spaces: 2
Parking features: Attached, Covered
Carport spaces: 2

Features

Levels: Two
Has view: Yes
View description: Mountain(s), Ocean Horizon, Sunrise
Has water view: Yes
Water view: Ocean

Lot

Size: 0.28 Acres
Features: Grassy, Interior Lot
Topography: Fairly Level,Terraced

Details

Parcel number: 3240680300000
Zoning: RS-10
Special conditions: Fee Simple,Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Condition

Year built: 1982

Utilities & green energy

Sewer: Cesspool
Utilities for property: Cable Available, Electricity Available, Phone Available

Community & HOA

Community

Subdivision: ALOKELE SUBDIVISION

Location

Region: Hilo

Financial & listing details

Price per square foot: $286/sqft
Tax assessed value: $589,600
Annual tax amount: $6,544
Date on market: 5/11/2026
Listing terms: Cash,Conventional,VA Loan
Ownership: Full
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

$554,700

$527,000 - $582,000

$2,774/mo

Price history

Date	Event	Price
6/18/2026	Contingent	$575,000$286/sqft
Source: Hawaii Information Service #730199 Report a problem
6/5/2026	Price change	$575,000-8%$286/sqft
Source: Hawaii Information Service #730199 Report a problem
5/11/2026	Listed for sale	$625,000$311/sqft
Source: Hawaii Information Service #730199 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$589,600 +6.6%
2024	$6,139 +8.5%	$553,100 +8.5%
2023	$5,661 +6.3%	$510,000 +6.3%
2022	$5,326 +16.5%	$479,800 +16.5%
2021	$4,571 +2.9%	$411,800 +2.9%
2020	$4,440	$400,000 +3.1%
2019	--	$387,800 +10.3%
2018	--	$351,500 +3.5%
2017	--	$339,600 +2.5%
2016	--	$331,200 +10.4%
2015	--	$299,900 -11.8%
2014	--	$340,000

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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