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SOLD
MLS: 708478
 
Asking Price: $239,000 Fee Simple
Sold Price: $225,000
Sold Date: 04/12/2024
Type: Residential
District: South Hilo
Street: 54 Kaumana Dr
Neighborhood: Piihonua Houselots - 3rd Series
Beds: 2   Baths: 2
Living Area: 924 SF
Land Area: 7,199 SF
Parking: Detached,Other (remarks)
Days on Market: 315
Year Built: 1949
Easements: Electric
Zoning: RS-7.5
Roads: County,Paved
Land Recorded: Regular
Property Taxes: $1,479,.63
Assessed Value: $133,300
Assessed Ratio: 179.29%
Listing Courtesy: Ah Chong Realty, LLC
Terms Acceptable: Cash,1031 Exchange
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EXCELLENT HILO LOCATION ON KAUMANA DRIVE! RENOVATE, OR DEMO AND REBUILD.

CONTRACTOR, DEVELOPER, INVESTOR, OR HOMEOWNER OPPORTUNITY IN EXCELLENT HILO LOCATION ON KAUMANA DRIVE!

Here's an opportunity to either renovate the existing dwelling, or do a complete demolition and build a brand new home! Information obtained from the County indicates that the house was permitted in 1949, however, Seller mentioned that it could have been built in the 1920's, or older. It currently has 2 bedrooms and 2 baths. Additions and alterations were permitted in 1954 and 1957, with a Real Property Tax Field Card showing the living area as 924 square feet and carport of 286 square feet. Lots of storage area underneath the house. Due to it's age and condition, the home is in need of work, but creates an opportunity for a Buyer with vision to take advantage of the property's outstanding Hilo location!

Existing driveway/carport located on the front left side of the property serves as the vehicle access onto the property. Buyer may want to consider extending current driveway/carport further into the property, or possibly create a new driveway at another location. Driveway along the right side of the property line belongs to owner in the back. According to County Wastewater Division, existing cesspool will need to be abandoned and filled-in and property hooked-up to existing sewer connection located at the front of the property.

The information herein is believed to be correct but may contain inaccuracies and is provided without warranty or guarantee of any kind. Agent and Buyers must independently verify any information they deem material or important to their purchase or any offered price thereunder. Square footage should be confirmed by an appraisal report. All interested Buyers and their agents advised to contact the County Planning, Building, and Wastewater Departments, and other County departments or governmental agencies, to determine renovation or rebuilding requirements.


 
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