Sold for $525,000

$525,000

350 Lehua St, Hilo, HI 96720

7beds

2,812sqft

Multi Family

Built in 1945

-- sqft lot

$716,500 Zestimate^®

$187/sqft

$1,969 Estimated rent

Home value

$716,500

$645,000 - $795,000

$1,969/mo

Zestimate^® history

Owner options

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$1,969/mo

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$1,969/mo

Rent Zestimate^®

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$3,013/mo

Est. payment

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$3,013/mo

Est. payment

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What's special

Victorian style homeHeart of hilo

Settled in the heart of Hilo, this Victorian style home built in 1945, is a great opportunity for the right investor. Zoned as Multi-Family, this property is currently rented to 6 long term tenants, in 6 separate units collecting separate rents, for a total of $49,800 annually. Within walking distance you are right in the middle of downtown Hilo with shopping, dining, and activities. A short drive will bring you to the popular Honolii Beach Park known for its surfing. The University of Hawaii and Hilo Airport are also located nearby. The exterior has been partially repainted and some roof areas replaced in June 2023. The house was tented in November 2019 and is being sold "As Is".

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 3
Full bathrooms: 3

Features

Flooring: Carpet
Has fireplace: No

Interior area

Total structure area: 2,812
Total interior livable area: 2,812 sqft

Property

Parking

Parking features: Unassigned

Lot

Size: 9,358 Square Feet

Details

Parcel number: 3260040260000
Zoning: RM-1
Special conditions: Fee Simple,Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Condition

Year built: 1945

Utilities & green energy

Utilities for property: Electricity Available, Sewer Connected

Community & HOA

Community

Subdivision: PUUEO LOTS

Location

Region: Hilo

Financial & listing details

Price per square foot: $187/sqft
Tax assessed value: $437,700
Annual tax amount: $4,858
Date on market: 9/6/2023
Listing terms: 1031 Exchange,Cash,Conventional,Purchase Money Mortgage
Ownership: Full
Electric utility on property: Yes
Road surface type: Paved

Price history

Date	Event	Price
5/14/2024	Sold	$525,000-11%$187/sqft
Source: Hawaii Information Service #704140 Report a problem
4/2/2024	Pending sale	$590,000$210/sqft
Source: HiCentral MLS #202320494 Report a problem
3/22/2024	Contingent	$590,000$210/sqft
Source: HiCentral MLS #202320494 Report a problem
3/15/2024	Price change	$590,000-9.1%$210/sqft
Source: HiCentral MLS #202320494 Report a problem
9/6/2023	Listed for sale	$649,000+8.3%$231/sqft
Source: HiCentral MLS #202320494 Report a problem
4/1/2023	Listing removed	$599,000$213/sqft
Source: Hawaii Information Service #663886 Report a problem
11/24/2022	Price change	$599,000-7.7%$213/sqft
Source: Hawaii Information Service #663886 Report a problem
10/25/2022	Price change	$649,000-18.8%$231/sqft
Source: Hawaii Information Service #663886 Report a problem
7/19/2022	Listed for sale	$799,000+31.2%$284/sqft
Source: HiCentral MLS #202213788 Report a problem
1/2/2022	Listing removed	--
Source: Owner Report a problem
10/5/2021	Price change	$609,000-6.2%$217/sqft
Source: Owner Report a problem
9/22/2021	Listed for sale	$649,000+1198%$231/sqft
Source: Owner Report a problem
7/6/2006	Sold	$50,000-73%$18/sqft
Source: Public Record Report a problem
10/23/2000	Sold	$185,000$66/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$479,600 +2.7%
2024	$5,186 +6.7%	$467,200 +6.7%
2023	$4,858	$437,700
2022	$4,858 +7.2%	$437,700 +13%
2021	$4,531 +7.5%	$387,300 +7.5%
2020	$4,214	$360,200 +3.6%
2019	--	$347,600 +20.7%
2018	--	$288,100 +1.3%
2017	$2,317	$284,300 +18.6%
2016	$2,317	$239,700 +5.3%
2015	$2,317	$227,700 -2.4%
2014	$2,317	$233,400 +0.9%
2013	--	$231,400 -3.6%
2012	--	$240,000 +2%
2011	--	$235,200 -9.1%
2010	--	$258,800 +51.7%
2006	--	$170,600 +5.1%
2005	--	$162,300 +32.3%
2004	--	$122,700 +3%
2003	--	$119,100 +2.8%
2002	$1,037 +220.2%	$115,800
2000	$324	--
1999	--	$115,900