6 months on rocket

55 Omao St, Hilo, HI, 96720

$1,200,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
17,606 SqFt
$68/SqFt
House

Location

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55 Omao St, Hilo$1,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCovered, None
Year Built1938
MLS #709981
StatusActive

About 55 Omao St

Formerly known as the Club Shoyu Brewery, this unique property is zoned Residential RS-7.5, but the property class is Industrial. There are a total of seven buildings, however, one building is uninhabitable. Four buildings were used to manufacture and store the shoyu. One building is a 3 bedroom 1 bath upstairs apartment with a large storage area downstairs. The other is a separate one bedroom, one bath cottage. Perfect investment property that could include multiple dwellings and/or another industrial-commercial use business. <br><br> Enjoy the many conveniences of Hilo town that this location has to offer, including, but not limited to: hospitals, doctor's offices, schools, grocery stores, restaurants, banks, gas stations, hardware stores, police station, fire station, post office, as well as new residential and commercial developments being proposed on Ponohawai/Komohana Streets.<br><br>Buyer to verify with the County of Hawaii Planning Department as to possible permittable uses. The property is being sold AS IS.<br><br>Although information provided herein is believed to be correct, Buyer and Buyer's Agent to conduct their own due diligence. Buyers and their agents urged to verify any information they deem material or important to their decision to purchase this property.

Property Details

Property Features

Property Information:

  • Year Built: 1938
  • Living Area: 17,606 SqFt

Listing Office:

  • Office Name: Kina'ole Realty
  • Office Phone: (808) 895-1045

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Covered, None

School Info

Assigned Schools Information:

  • Hilo High School, Public District Grades 9-12
  • Hilo Intermediate School, Public District Grades 7-8
  • Hilo Union Elementary School, Public District Grades PK-6

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,200,000
  • Price Per SqFt: $68/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $5,579
  • Tax Year: 2021
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Housing Market Comparison

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

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Hilo, HI

City

Med. List Price

$569.5K

Med. Price/SqFt

$411

Avg. Days On Market

172

# of Sold Homes

1

55 Omao St vs Hilo

183 DAYS ON ROCKET

+11 Days

$1,200,000

+$630.5K More

$68/SqFt

-$343 Less

KEY TAKEAWAY

This property is $630.5K more than the Median List Price and $343/SqFt less than other homes in Hilo, HI.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #709981

Listing Office:

  • Office Name: Kina'ole Realty
  • Office Phone: (808) 895-1045

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: 10/31/2024, 8:20:51 PM 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$5,579$521,400
2020$5,731$535,700
2019$5,306$514,500
2018$5,264$495,900
2017$5,264$492,000

History based on county public records data.

Payment Calculator

$6,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,664

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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.

Elementary School

school-card-donut-837399
8
/10

  • Hilo Union Elementary School

  • 506 Waianuenue Ave

  • 0.80 miles

  • Public District Grades PK-6

Middle School

school-card-donut-837400
7
/10

  • Hilo Intermediate School

  • 587 Waianuenue Ave

  • 0.68 miles

  • Public District Grades 7-8

High School

school-card-donut-837401
3
/10

  • Hilo High School

  • 556 Waianuenue Ave

  • 0.71 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,626. Most Hilo, HI residents have annual incomes between $35k-100k. The majority of families are single, no kids. Residents of this area typically 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.

Types of housing 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.

What is it like to live in Hilo, HI?

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.

Is it easy to get around Hilo, HI without a car?

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.

Transportation in Hilo, HI.

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.

Frequently Asked Questions About 55 Omao St

What is the listing price of this property?

The listing price of 55 Omao St property is $1,200,000.

What type of property is this?

The property 55 Omao St is a house located in Hilo, Hawaii, 96720.

Is this property for sale now?

Active Listing: 55 Omao St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 55 Omao St are:
Hilo Union Elementary School: GreatSchools Rating 8/10
Hilo Intermediate School: GreatSchools Rating 7/10
Hilo High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,579 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 55 Omao St has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 55 Omao St is 17,606 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 55 Omao St is 1938.

Rocket Homes›Hawaii›Hawaii County›Hilo›96720›55 Omao St

This home is located at 55 Omao St in Hilo, HI and zip code 96720. This 17,606 square foot home was built in 1938. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 01, 2024 and is currently priced at $1,200,000.

In September 2024 in Hilo, HI there were 14.9% more homes for sale than in August 2024. While the average time on the market in September 2024 was 172 days, the median list price was $569,500.

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

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