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SOLD
MLS: 635729
Condo: Orchid Manor #204
 
Asking Price: $110,000 Fee Simple
Sold Price: $106,000
Sold Date: 08/31/2020
Type: Condo/Residential Condo
District: South Hilo
Street: 355 Kalanianaole St
Neighborhood: Waiakea Warehouse Lots
Beds: 0   Baths: 1
Living Area: 496 SF

Pool: Yes
Parking: Unassigned
Amenities: Community Laundry,Elevator,Inventory,Landscaped,Meeting Room,Restroom-Private,Storage Area,Smoke/Heat Detector
Days on Market: 1535
(The Price of the property was lowered by $10,000 on 06/07/2020)
Year Built: 1969
Zoning: V-.75
Roads: Paved
Land Recorded: Regular
Property Taxes: $843
Assessed Value: $72,100
Assessed Ratio: 152.57%
Listing Courtesy: Jade Dream Properties, LLC
Terms Acceptable: 1031 Exchange,Cash,Conventional,VA
Google Map   County Records
 
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Orchid Manor 2nd Floor Studio ~ conveniently located by the Elevator

Beautiful 2nd floor unit in a great location. Freshly painted. This unit is just steps from the elevator. (see attached plot plan showing the unit's location in the building)

Furnished extra large (496 sqft plus 80 sqft lanai) studio. Island/bar & full size refrigerator and gas stove in kitchen.

The complex features a secure building, in-ground pool, on-site laundry, Hilo Bay views, Resident Manager, elevator & video security system.

Monthly Maintenance Fee of $431.40/mo includes resident manager, electric, water, gas, garbage pick up, and grounds and building maintenance & insurance. Additional monthly fees are $46.29 for cable.

Orchid Manor purchased the Master Lease AND the Sandwich Lease (9/30/2019). Fee/Interest in the Master Lease has been purchased for this unit. There are assessments which Seller has been paying monthly: Roof loan, $81.33; and Lease rent to Orchid Manor $78/mo. Elevator modernization assessment has been paid for this unit. CURRENT TOTAL MONTHLY FEES FOR THIS UNIT: $637.02. ***The roof loan assessment and Lease Rent can be paid in full in escrow to bring the monthly payment to $477.69.***

Be sure to see this unit. Orchid Manor is conveniently located in Hilo and is close to the ocean parks and downtown with Farmers Market, groceries, restaurants and shops. Walk to Bay-front, Downtown, Banyan Drive and Liliuokalani Gardens, Coconut Island & beach parks..


 
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