10 months on rocket

347 Iliahi St, Hilo, HI, 96720

$750,000

Home List Price

$8,906*

Closing Credit

15 Bedrooms
3 Full Baths, 2 Partial
4,866 SqFt
$154/SqFt
Multi

Location

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347 Iliahi St, Hilo$750,000

Buyer Closing Credits

$8,906*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOther (remarks)
Year Built1918
ViewMountain(s), Other
MLS #705740
StatusActive

About 347 Iliahi St

Fully functioning 15 unit multi-family building just a few minutes from downtown Hilo.<br><br>This permitted three-story building was converted from a single-family residence to a 15 unit congregate dwelling with three and a half bathrooms and three full kitchens to service each floor. The lower level consists of six units renting for $350/month. The second level consist of five units renting for $400/month. Lastly, the third floor consist of four units also renting for $400/month.<br><br>The community of tenants are required to follow a set of house rules, and “good neighbor” principles guided by the mutual respect and trust of their fellow tenants. Such a methodology has been the cornerstone for the continued success of this prosperous multifamily rental business.<br><br>Information herein deemed reliable but not guaranteed. Buyer and Buyers Agent to do their own due diligence of all pertinent facts.

Property Details

Property Features

Property Information:

  • Year Built: 1918
  • Living Area: 4,866 SqFt

Listing Office:

  • Office Name: Better Homes and Gardens Real Estate Hank Correa Realty
  • Office Phone: (808) 961-3300

Interior Features

Interior Information:

  • Interior: Ceilings-9+, CO2 detection, Kitchen-Community, Smoke/Heat Detector

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 3
  • Total Bedroom Count: 15

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Mountain(s), Other

Parking Information:

  • Parking: Other (remarks)

Lot Features

Lot Information:

  • Lot: Sloped

Price Information

Listing Price Info

Price Summary:

  • List Price: $750,000
  • Price Per SqFt: $154/SqFt

Tax Information:

  • Annual Amount: $6,339
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Hilo, HI.

Med. List Price

$599.9K

Med. Price/SqFt

$414

Avg. Days On Market

182

# of Sold Homes

3

347 Iliahi St vs Hilo

301 DAYS ON ROCKET

+119 Days

$750,000

+$150.1K More

$154/SqFt

-$260 Less

KEY TAKEAWAY

This property is $150.1K more than the Median List Price and $260/SqFt less than other homes in Hilo, HI.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #705740

Listing Office:

  • Office Name: Better Homes and Gardens Real Estate Hank Correa Realty
  • Office Phone: (808) 961-3300

IDX © 2024 MLS Hawaii, Inc. All rights reserved.
By searching, you agree to the EULA Terms Agreement.

Those properties marked with Hawaii Information Service's icon are provided courtesy of Hawaii Information Service Multiple Listing Service™ system. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/19/2024, 9:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$6,339$541,800
2020$5,830$498,300
2019$4,250$456,000
2018$4,185$363,300
2017$4,185$357,700

History based on county public records data.

Payment Calculator

$3,811

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,315

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1006322
7
/10
  • Hilo Union Elementary School

  • 506 Waianuenue Ave

  • 0.43 miles

  • Public District Grades PK-6

school-card-donut-1006323
8
/10
  • Haaheo Elementary School

  • 121 Haaheo Rd

  • 1.08 miles

  • Public District Grades PK-6

school-card-donut-1006324
4
/10
  • Chiefess Kapiolani Elementary School

  • 966 Kilauea Ave

  • 1.33 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,033. Residents of Hilo, HI typically earn less than $35k each year. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Hilo, HI

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Hilo, HI?

Hilo offers a diverse range of housing options, from charming bungalows to spacious contemporary homes. The housing landscape is characterized by a mix of single-family residences and multi-family units, with single-family homes making up a significant portion of the market. Architectural styles reflect the island's unique cultural blend, with influences ranging from plantation-style to modern Pacific designs. The area has seen a range of development periods, with many homes dating back to the mid-20th century, providing a sense of historical charm.

Is Hilo, HI a good place to live?

Hilo is celebrated for its laid-back atmosphere and rich cultural heritage. The community prides itself on its strong ties to native Hawaiian traditions and the spirit of Aloha. Residents and visitors alike enjoy the town's vibrant festivals, including the renowned Merrie Monarch Hula Festival, which showcases the island's deep cultural roots and artistic expression. The area's natural beauty, with its lush landscapes and nearby waterfalls, contributes to a serene and inviting community character.

Are things conveniently located in Hilo, HI?

The community is served by a network of public and private educational institutions, ensuring a range of options for families. Healthcare services are available through local clinics and the Hilo Medical Center, which provides comprehensive care including emergency services. The public library system supports the town's educational and cultural needs. Retail and dining establishments offer a taste of local flavors and crafts, reflecting the diverse cultural influences of Hilo. City initiatives aim to maintain and improve these services to accommodate the needs of a growing population.

What does the transportation in Hilo, HI look like?

Transportation in Hilo includes a public bus system that connects residents to key areas within the town and surrounding regions. While schedules vary, the bus service provides a reliable option for those without private vehicles. The area is moderately walkable, particularly in the downtown district, where shops and restaurants are concentrated. For longer distances, a network of roads and highways connects Hilo to other parts of the Big Island, and the Hilo International Airport facilitates air travel. Ride-sharing services are available, complementing the existing transportation options.

Rocket HomesHawaiiHawaii CountyHilo96720347 Iliahi St

This home is located at 347 Iliahi St in Hilo, HI and zip code 96720. This 4,866 square foot home was built in 1918. Features: 15 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 22, 2024 and is currently priced at $750,000.

The number of homes for sale in Hilo, HI increased by 17.4% between September 2024 and October 2024. Listings spent 182 days on the market in October 2024, and had a median list price of $599,900 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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