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SOLD
MLS: 272412 (Foreclosure)
 
Asking Price: $60,625 Fee Simple
Sold Price: $52,605
Sold Date: 06/17/2014
Type: Residential
District: Kau
Street: 92-8777 Bamboo Ln
Neighborhood: Hove
Beds: 1   Baths: 1
Living Area: 590 SF
Land Area: 1 Acres
Days on Market: 3649
(The Price of the property was lowered by $1,875 on 04/07/2014)
Year Built: 1983
Zoning: A-1A
Roads: Private,Paved
Land Recorded: Regular
Property Taxes: $486
Assessed Value: $52,600
Assessed Ratio: 115.26%
Listing Courtesy: Century 21 Paradise International
Terms Acceptable: Cash
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Cute 1b/1b cottage with upstairs loft on one acre. Home is about midway up in Hawaiian Ocean View Estates. Warm days and cooler nights in the higher elevation. This property is on a catchment water system, sspp electric, cesspool wastewater. Fully permitted and finalled. Needs a little TLC. Good starter home.

HOVE is about 45 minutes south of Kailua-Kona and about 1.5 hrs from Hilo. Black Sand, Green Sand, Hookena beaches just minutes away. Located between Milolii fishing community and South Point cliff diving.
3 shopping centers off the main highway and Naalehu farmers market twice a week. Ocean View holds a swap meet every Saturday morning. There are several churches in the community, volunteer fire dept and neighborhood watch.

The HOVE development consisted of 10,697 1-acre (4,000 m2) lots north of the Hawaii Belt Road in the western part of the District of Ka?u. The terrain varies from rugged lava fields to ohi?a trees and other vegetation. Elevation ranges from about 1,500\' up to the 5,000\' level. Initial sales began in the late 1950s. The original developer of HOVE was the Crawford Oil Company. Later, other subdivisions were put in place downslope of HOVE and the Hawaii Belt Road. In the early 1980s a service station and a hardware store were built. In January 2004, Hawaii Volcanoes National Park purchased the nearby property previously known as Kahuku Ranch.[1]

In 1989 the Ocean View Town Center was developed and the Ocean View Road Maintenance Corporation began an extensive rebuilding program of the roads. Shortly thereafter the Ocean View Development Corporation started a new market which included a laundromat and restaurant. There are now two gas stations, two grocery stores, and an L & L Hawaiian BBQ restaurant and much more.

Open House April 5 & 12, 2014 from 11-4 pm. This property is subject to auction terms that require all new offer (and counter offers)to be submitted through www.HomeSearch.com


 
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