651 Lot 2-a Hoaka Road

Hilo, HI 96720

$475,000
Last Sold Price
327,310 / 7.51
Lot Size / Acres

Description

Rarely available 7.5+ acre lot with water + electric connectivity, in Hilo's Waiakea district!
**Seller will finance with a minimum of $35,000 down-payment and favorable terms.
Build your agricultural estate on this large pastoral property with sweeping views of Hilo Bay and stunning stream-frontage.
A part of this area's ancient Ahupua`a (land division system), Waiakea stream traces its origins from the slopes of Mauna Loa Volcano, and can be found flowing along the back of this parcel, all the way
...Rarely available 7.5+ acre lot with water + electric connectivity, in Hilo's Waiakea district!

**Seller will finance with a minimum of $35,000 down-payment and favorable terms.

Build your agricultural estate on this large pastoral property with sweeping views of Hilo Bay and stunning stream-frontage.

A part of this area's ancient Ahupua`a (land division system), Waiakea stream traces its origins from the slopes of Mauna Loa Volcano, and can be found flowing along the back of this parcel, all the way down to Waiakea Pond near Hilo Bay.

Growing conditions here are ideal for a wide variety of native and tropical plants and food crops including Bananas, Taro, Sweet Potatoes, Papaya, world-class Palms, and more. Cattle and sheep also do very well, thanks to the area's quick-growing grasses.

A water meter is in and the land has been cleared for cattle grazing - Seller is currently paying $200 per year for property taxes due to agricultural use. Buyers to follow up with the County of Hawaii Department of Taxation for details and confirmation of future tax rates. This is a newly subdivided property with final taxation rate yet to be determined by the County of Hawai'i.

Listing Agents

  1. Nate Gaddis

    Nate Gaddis

    Listing Agent

    Compass

    License #RS-75971

  2. Maggie Zhang

    Maggie Zhang

    Alternative Listing Agent

    Compass

    License #RS-66844

Property Details for 651 Lot 2-a Hoaka Road

Zoning
A-5A
View
Bay, City, Coastline, Forest, Ocean, Ocean Horizon, Pasture, River, Other (remarks), Sunrise
Land Tenure
Fee Simple

Location

Sold By Coldwell Banker Island Properties - Hilo, Howard Meguro, License #RB-22392

LISTING UPDATED: 11/19/2021 01:42 PM

Property Details for 651 Lot 2-a Hoaka Road

StatusSold
MLS #654404
Days on Market15
Taxes$200 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Vacant
Year Built-
Lot Size7.51 AC
County-

Location

Sold By Coldwell Banker Island Properties - Hilo, Howard Meguro, License #RB-22392

Building Information for 651 Lot 2-a Hoaka Road

Lot Size7.51 AC

Payment Calculator

$2,609 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,592

Property Taxes

$17

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 651 Lot 2-a Hoaka Road

Summary
Location and General Information
  • Topography: Fairly Level
  • Location: Lot #:2-A
  • Oceanfront Parcel: N
  • Street: Hoaka Road
  • Street Address Full: 651 HOAKA ROAD HILO HI 96720
  • Street Number: 651
  • City: HILO
  • District: South Hilo
  • Zip Code: 96720
Taxes and HOA Information
  • Taxes (Annual): $200.00
  • Taxkey: 3-2-4-6-200
  • Taxkey9: 324006200
Property
Lot Information
  • Roads: County, Paved
  • Structures: No
  • Agriculture Dedicated: No
  • Land Area: 327310.0
  • Lot Description - Land: Clear, Other (remarks)
  • Lot Number: 2-A
  • Flood Zone: AE, X
Property and Assessments
  • Disclosure Form: Yes
  • Assessed Value: $222,297
  • Property Type: Land
  • Photos: 11
Utilities
  • Power: Overhead
  • Wastewater: None
  • Water: Municipal
  • Solid Waste Disposal (Trash): None
Interior and Exterior Features
Exterior Features
  • Fence/Wall: Other (remarks)
  • Pool: N
Interior Features
  • TV Availability: Cable
  • Telephone Availability: Cable
  • Internet Availability: Cable
Agent
Sale and Listing
  • Sold Terms: PMM
  • Ownership: Full
  • Media Changed: 10-01-2021
  • MLS: 4.0
  • Terms Acceptable: 1031 Exchange, Agreement of Sale, Cash, Construction Loan, Conventional, PMM
  • Listor Name: Nate Gaddis
  • Days on Market: 15
  • First Photo Sequence: 18
  • Subtype of Listing: Vacant
  • Remarks - Public: Rarely available 7.5+ acre lot with water + electric connectivity, in Hilo's Waiakea district!<br><br>**Seller will finance with a minimum of $35,000 down-payment and favorable terms.<br><br>Build your agricultural estate on this large pastoral property with sweeping views of Hilo Bay and stunning stream-frontage.<br><br>A part of this area's ancient Ahupua`a (land division system), Waiakea stream traces its origins from the slopes of Mauna Loa Volcano, and can be found flowing along the back of this parcel, all the way down to Waiakea Pond near Hilo Bay. <br><br>Growing conditions here are ideal for a wide variety of native and tropical plants and food crops including Bananas, Taro, Sweet Potatoes, Papaya, world-class Palms, and more. Cattle and sheep also do very well, thanks to the area's quick-growing grasses.<br><br>A water meter is in and the land has been cleared for cattle grazing - Seller is currently paying $200 per year for property taxes due to agricultural use. Buyers to follow up with the County of Hawaii Department of Taxation for details and confirmation of future tax rates. This is a newly subdivided property with final taxation rate yet to be determined by the County of Hawai'i.
  • REversion: 600
  • Sale Type: Standard Sale
  • DZS: 324
Showing and Remarks
  • Showing Instructions: Go and Show, Mechanical Lock Box, Same Day Notice, Call Listor

Property History for 651 Lot 2-a Hoaka Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.