Sold for $745,000

$745,000

514 Ilima Ave, Lanai City, HI 96763

3beds

1baths

1,147sqft

Single Family Residence, Residential

Built in 1930

6,625 Square Feet Lot

$761,300 Zestimate^®

$650/sqft

$3,117 Estimated rent

Home value

$761,300

$678,000 - $853,000

$3,117/mo

Zestimate^® history

Owner options

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$3,117/mo

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$3,117/mo

Rent Zestimate^®

Refinance and save

$3,243/mo

Est. payment

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$3,243/mo

Est. payment

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What's special

Street to street lots

A 3 bedroom single family home only 2 blocks away from the town park. House faces Ilima Ave. with Jacaranda Street at the back of the property. Street to street lots are not always available on the island of Lanai. House has 2 bathrooms, although only 1 is listed on the county property records. Currently house has tenants.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1

Primary bedroom

Level: Ground

Interior area

Total structure area: 1,147
Total interior livable area: 1,147 sqft

Property

Parking

Total spaces: 1
Parking features: Garage
Garage spaces: 1

Features

Levels: One
Stories: 1
Has view: Yes
View description: Other
Waterfront features: None

Lot

Size: 6,625 Square Feet
Topography: Level

Details

Parcel number: 2490070830000
Zoning: R-1
Zoning description: Residential

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence, Residential

Materials

Foundation: Pillar/Post/Pier
Roof: Corrugated Steel

Condition

Year built: 1930

Utilities & green energy

Electric: Overhead Electricity
Sewer: Public Sewer, Sewer Fee
Water: Private
Utilities for property: Sewer Connected

Community & HOA

Location

Region: Lanai City

Financial & listing details

Price per square foot: $650/sqft
Tax assessed value: $586,400
Annual tax amount: $816
Date on market: 3/13/2024
Road surface type: Paved

Price history

Date	Event	Price
5/20/2024	Sold	$745,000+1.4%$650/sqft
Source: RAM #401500 Report a problem
3/22/2024	Pending sale	$735,000$641/sqft
Source: RAM #401500 Report a problem
3/13/2024	Listed for sale	$735,000+96%$641/sqft
Source: RAM #401500 Report a problem
10/21/2016	Sold	$375,000$327/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$607 -39.3%	$586,400 +9.9%
2024	$1,000 +21.9%	$533,400 +12.7%
2023	$821	$473,500 +10.1%
2022	--	$430,200 +3.6%
2021	$2,263 +0.9%	$415,200 -0.1%
2020	$2,242 +4.5%	$415,800 +3.9%
2019	$2,146	$400,300 +3%
2018	$2,146 +0.9%	$388,700
2017	$2,127 +1.4%	--
2016	$2,098	$395,800 +7.4%
2015	--	$368,600 +51.9%
2014	$676	$242,700