40 Spring St

1,296 Sq. Ft.
$408 / Sq. Ft.
1,296
Sq. Ft.
$408
per Sq. Ft.

Description

What a great location for this light-filled Hilo home! It's close to historical Hilo town, close to all medical facilities, close to the library and Rainbow Falls, and about ten minutes to Honolii surfing beach, the University, and the airport. The exterior of the home offers a clean, fresh bungalow design with a hip roof. Inside, the structure feels solid and spacious, with a wide hallway connecting three bedrooms and two bathrooms. The kitchen offers a large pantry, and there's an expansive covered...What a great location for this light-filled Hilo home! It's close to historical Hilo town, close to all medical facilities, close to the library and Rainbow Falls, and about ten minutes to Honolii surfing beach, the University, and the airport. The exterior of the home offers a clean, fresh bungalow design with a hip roof. Inside, the structure feels solid and spacious, with a wide hallway connecting three bedrooms and two bathrooms. The kitchen offers a large pantry, and there's an expansive covered back lanai, overlooking the fenced back lawn. While the home is in move-in ready condition, there's still room for new owners to make it their own. The outside laundry room comes with washer and dryer and there are two carports. Sitting at the end of a short and peaceful no-through street in a welcoming community of friendly neighbors, this property is a must-see; not to be missed.
  1. Listed by Ainslie Schmidt • License #RS-57915 • Brokerage DRE #RB-19409 • RE/MAX Properties
    P: (808)-982-5341 C: (808)-938-4433 ainslieschmidt@gmail.com
  2. Listed by Chantee K Shiroma • License #RS-81952 • Brokerage DRE #RB-19409 • RE/MAX Properties
    P: (808)-345-2310 C: (808)-345-2310 chanteeshiroma@gmail.com

Property Details for 40 Spring Street

Waterfront
No
Subdivision Name
PUUHONU TRACT
Zoning
RS-7.5
LISTING UPDATED: 01/24/2026 08:50 PM

Property Details for 40 Spring Street

StatusActive
MLS #727071
Days on Market2
Taxes$956 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1997
Lot Size0.25 AC / 10,856 SF
CountyHawaii County

Location

Listing Courtesy of RE/MAX Properties, Ainslie Schmidt, License #RS-57915; RE/MAX Properties, Chantee K Shiroma, License #RS-81952
Add your commute

Building Information for 40 Spring Street

Stories-Year Built1997Building Size-Lot Size0.25 AC / 10,856 SF

Payment Calculator

$2,658 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,578

Property Taxes

$80

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 40 Spring Street

Summary
Location and General Information
  • Flood Zone: X
  • Lava Zone: 3
  • Directions: On Komohana Street, turn mauka on Punahele Street, one block before Waianuenue. Proceed a short way up Punahele to Spring Street and turn left. 40 Spring Street is towards the end of the street on the right.
  • Water Source: Public
  • Latitude: 19.714977
  • Longitude: -155.1015464
  • Year Built: 1997
  • Roads: Paved
Taxes and HOA
  • Association Fee Frequency: Monthly
  • Tax Year: 2025
  • Association Fee: $0
  • Tax Annual Amount: $956
  • Tax Assessed Value: 263200.0
  • Parcel Number: 3-2-3-34-33
  • Tax key: 323034033
  • Tax Lot: 14
Parking
  • Carport Area Units: Square Feet
  • Garage Area Units: Square Feet
  • Parking Features: Detached
Property
Lot Information
  • Lot Size Units: Square Feet
  • Property Attached: No
  • Living Area Units: Square Feet
  • Other Building Area Units: Square Feet
  • Roofed Area Units: Square Feet
  • Land Tenure: Fee Simple
  • Living Area: 1296.0
  • Lot Size Area: 10856.0
Property and Assessments
  • Special Assessment Amount Frequency: Monthly
  • Assessment Year: 2025
  • Covenants Conditions Restrictions: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Agriculture Dedicated: No
Utilities
  • Internet Access: Cable
  • Sewer: Cesspool
  • Solid Waste Disposal: Other (remarks)
  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available
Interior and Exterior Features
Exterior Features
  • Exterior Area Units: Square Feet
  • Pool: No
Interior Features
  • Elevation Units: Feet
  • Bathrooms Total: 2
  • Flooring: Carpet
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 3
Rental
Rental Information
  • Leasable Area Units: Square Feet

Property History for 40 Spring Street

DateEvent & SourcePriceAppreciation
Jan 24, 2026

Listed (Active)

HIS #727071

$529,000—
Oct 26, 2001

Sold (Public Record)

Public Record #80303768

$140,000

+6.6% / yr

Mar 2, 1995

Sold (Public Record)

Public Record #508539913

$91,500—
DateEvent & SourcePrice
01/24/2026

Listed (Active)

HIS #727071

$529,000
10/26/2001

Sold (Public Record)

Public Record #80303768

$140,000

+6.6% / yr

03/02/1995

Sold (Public Record)

Public Record #508539913

$91,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 40 Spring Street

Taxable ValueLand$46,600Additions$216,600Total$263,200
Tax Record2025$956 ($80 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,296 SqFtAbove Grade Finished SqFt1,296 SqFtStories1Lot Size10,856 SqFtStyleSingle Family ResidenceYear Built1997ZoningRS-7.5CountyHAWAIIAPN3-2-3-034-033

Schools near 40 Spring Street

This home is within Hawaii Department Of Education.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Charter - K to 12
Rating
School
Distance
Hilo Union Elementary School
PublicPK to 6

Hilo Intermediate School
Public7 to 8

Hilo High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

40 Spring Street is a single family home for sale in Hilo, HI 96720. This property was listed for sale on January 24, 2026 by RE/MAX Properties, it's currently listed at $529,000. It has been on the market for a total of 2 days and was last sold on October 26, 2001. This listing's school district is Hawaii Department Of Education. Nearby schools include Hilo Union Elementary School, Hilo Intermediate School and Hilo High School. 40 Spring Street is a 3-bed, 2-bath, 1,296 sqft single family home built in 1997.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Properties, Ainslie Schmidt, License #RS-57915; RE/MAX Properties, Chantee K Shiroma, License #RS-81952

Based on information from one of the following Multiple Listing Services: Hawaii HIS, MAUI MLS and Hi Central. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Hawaii HIS, MAUI MLS and Hi Central is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.