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89 Palani St, Hilo, HI, 96720

$525,000

Home List Price

$6,234*

Closing Credit

3 Bedrooms
1 Full Bath
1,184 SqFt
$443/SqFt
House

Location

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89 Palani St, Hilo$525,000

Buyer Closing Credits

$6,234*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached
Year Built1957
ViewOcean, Other, Forest
MLS #716808
StatusAccepting Backup Offers
(Contingent)

About 89 Palani St

This charming 3-bedroom, 1-bath home is ideally situated in highly desirable school district. Located on a quiet dead-end street with no through traffic, you'll enjoy a peaceful living environment with distant ocean views.<br><br>The cozy living room features large windows that allow plenty of natural light and take full advantage of the refreshing trade winds. Seller created an unpermitted art studio behind the laundry area but you can use it for additional storage. Large, covered carport is great for outdoor entertaining. Furnishings are negotiable. Step outside to the front yard, where a small lanai awaits, perfect for savoring your morning coffee or entertaining guests.<br><br>With its tranquil location and close proximity to Hilo Benioff Medical Center, public schools and downtown Hilo, this home offers the perfect balance of convenience and relaxation. Whether you’re winding down after a busy day or hosting friends and family, the serene surroundings make it easy to embrace the laid-back Hawaiian lifestyle. Homes on Palani Street rarely come on the market!

Property Details

Property Features

Property Information:

  • Year Built: 1957
  • Living Area: 1,184 SqFt

Listing Office:

  • Office Name: Arabel L Camblor Realty
  • Office Phone: (808) 990-2141

Interior Features

Interior Information:

  • Appliances: Refrigerator, Range, Oven
  • Flooring Type: Laminate

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Ocean, Other, Forest

Parking Information:

  • Parking: Attached

Lot Features

Lot Information:

  • Lot: Gentle Sloping

Price Information

Listing Price Info

Price Summary:

  • List Price: $525,000
  • Price Per SqFt: $443/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,822
  • 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

$625K

Med. Price/SqFt

$429

Avg. Days On Market

220

89 Palani St vs Hilo

6 DAYS ON ROCKET

-214 Days

$525,000

-$100K Less

$443/SqFt

+$13 More

KEY TAKEAWAY

This property is $100K less than the Median List Price and $13/SqFt more than other homes in Hilo, HI.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #716808

Listing Office:

  • Office Name: Arabel L Camblor Realty
  • Office Phone: (808) 990-2141

IDX © 2025 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: 1/3/2025, 3:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 06, 2021Home Sold
$370,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,822$254,200
2020$1,118$181,800
2019$1,054$176,500
2018$1,023$171,400
2017$1,023$166,400

History based on county public records data.

Payment Calculator

$2,688

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,640

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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-115856
9
/10

  • Ernest Bowen Desilva Elementary School

  • 278 Ainako Ave

  • 0.20 miles

  • Public District Grades PK-6

school-card-donut-115857
7
/10

  • Hilo Union Elementary School

  • 506 Waianuenue Ave

  • 1.83 miles

  • Public District Grades PK-6

school-card-donut-115858
8
/10

  • Kaumana Elementary School

  • 1710 Kaumana Dr

  • 1.96 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,576. Residents of Hilo, HI typically earn between $35k-100k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

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 are the common housing types 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 are the advantages of living 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.

Are essential services in Hilo, HI convenient?

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.

How do Hilo, HI residents get around?

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 89 Palani St

What is the listing price of this property?

The listing price of 89 Palani St property is $525,000.

What type of property is this?

The property 89 Palani St is a house located in Hilo, Hawaii, 96720.

Is this property for sale now?

Accepting Backup Offers: 89 Palani St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,822 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 6, 2021 for $370,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 89 Palani St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 89 Palani St is 1,184 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 89 Palani St is 1957.

Rocket Homes›Hawaii›Hawaii County›Hilo›96720›89 Palani St

This home is located at 89 Palani St in Hilo, HI and zip code 96720. This 1,184 square foot home was built in 1957. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 27, 2024 and is currently priced at $525,000.

The inventory of homes for sale in Hilo, HI between November 2024 and December 2024 increased by 13.7%. In December 2024, listings were on the market for 220 days. During the same period, the median list price in this real estate market was $625,000.

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

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