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Sold for $510,000
  • $510,000

    235 Malaai Rd, Hilo, HI 96720

    3beds
    972sqft
    Single Family Residence
    Built in 1967
    1 Acres Lot
    $510,000 Zestimate®
    $525/sqft
    $2,654 Estimated rent

    Home value

    $510,000

    $469,000 - $556,000

    $2,654/mo

    Zestimate® history
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    $2,832/mo

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    What's special

    Enclosed garageRich redwood panelingExpansive acreageHardwood flooringPrivacy and natural surroundings
    Set on a full acre in the heart of Waiākea Homesteads, this classic Hilo property offers space, character, and a canvas for your next chapter. Built in 1967, the home carries a timeless feel with rich redwood paneling and hardwood flooring—details that reflect craftsmanship from a different era. With 3 bedrooms and 2 baths, there’s room to live comfortably while making it your own. Outside, the expansive acreage opens the door to endless possibilities—gardens, outdoor living, or simply enjoying the privacy and natural surroundings. A 2-car carport and an enclosed garage provide flexibility for storage, hobbies, or future use - totaling 980 sq ft of outdoor, covered space. Properties like this—offering both land and location—don’t come around often. Just minutes from Hilo town, yet with the space to truly breathe.

    Zillow last checked:

    Listing updated:

    Listed by:

    Brendan Alcisto 8084942452,

    KW Big Island

    Bought with:

    Misti R Tyrin, RB-22375

    Iokua Real Estate

    Source: Hawaii Information Service,MLS#: 728891MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Appliances
    • Included: Range, Range Hood, Refrigerator
    Features
    • Flooring: Hardwood, Vinyl
    • Has fireplace: No
    Interior area
    • Total structure area: 972
    • Total interior livable area: 972 sqft

    Property

    Parking
    • Parking features: Attached, Covered
    Features
    • Levels: One
    • Fencing: Stone
    Lot
    • Size: 1.00 Acres
    • Features: Grassy
    • Topography: Fairly Level
    Details
    • Parcel number: 3240470140000
    • Zoning: A-3A
    • Special conditions: Fee Simple,Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • Year built: 1967

    Utilities & green energy

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

    Community & neighborhood

    Location
    • Region: Hilo
    • Subdivision: WAIAKEA HOMESTEADS 2ND SERIES

    Other

    Other facts
    • Listing terms: 1031 Exchange,Cash,Conventional,VA Loan
    • Ownership: Full
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/29/2026Sold$510,000+3%$525/sqft
    Source: Hawaii Information Service #728891 Report a problem
    5/6/2026Contingent$495,000$509/sqft
    Source: Hawaii Information Service #728891 Report a problem
    4/24/2026Listed for sale$495,000+93.3%$509/sqft
    Source: Hawaii Information Service #728891 Report a problem
    8/18/2021Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    8/12/2021Listed for rent$1,369$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    7/7/2021Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    6/29/2021Price change$1,369+9.5%$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    6/26/2021Listed for rent$1,250$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    11/23/2004Sold$256,100$263/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $407,700 +3%
    2024$2,355 -0.4%$395,800 +3%
    2023$2,363 +3%$384,300 +3%
    2022$2,295 +78.6%$373,100 +171.5%
    2021$1,285 +5%$137,400 +5%
    2020$1,223 $130,800 +4%
    2019-- $125,800 +28.9%
    2018-- $97,600 -0.1%
    2017$870 $97,700 +3.9%
    2016-- $94,000 +7.9%
    2015-- $87,100 -0.3%
    2014-- $87,400

    Find assessor info on the county website

    Neighborhood: 96720

    Nearby schools

    GreatSchools rating
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    $510,000
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    With Zillow Showcase(estimated)
    $520,200