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SOLD
MLS: 666109
Condo: Hilo Terrace #140
 
Asking Price: $140,000 Leasehold
Sold Price: $125,000
Sold Date: 01/11/2023
Type: Condo/Residential Condo
District: South Hilo
Street: 485 Waianuenue Ave
Neighborhood: Hilo
Monthly Association Fee: $6.5
Beds: 2   Baths: 1
Living Area: 695 SF

Pool: Yes
Parking: Assigned
Amenities: Smoke/Heat Detector
Days on Market: 506
Year Built: 1963
Zoning: CG-20
Roads: Curbs/Gutters,County,Paved,Street Lights
Property Taxes: $1,042
Assessed Value: $89,100
Assessed Ratio: 157.13%
Listing Courtesy: Coldwell Banker Island Properties - Hilo
Terms Acceptable: Cash,Conventional
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1/2 mile from Highway 19, across from the Hilo High gym

- This is a Leasehold property.
- Are you looking for good sized condo, with a central Hilo location, and a pool? Hilo Terrace, across from the Hilo High School gym, has a pool, assigned parking, and an on-site manager. With 695 sq. ft. of living area, this condo is larger than many similar East Hawaii properties. If you prefer, here is your opportunity to remodel to your own taste, and with some TLC you can make this apartment shine. Drive less and enjoy the freedom to walk or bike to the downtown shopping area, Public Library, Farmers Market, and the Bay Front and Liliuokalani Parks. It is just 1/2 mile to the supermarket on the corner of Haili St and Kinoole St.
- This is a leasehold property that will be converted to fee simple upon recordation of deed.
- The monthly maintenance fee of $450 covers: county water, hot water, sewer, gas, condo insurance; and maintenance of the building and common areas. The owner is also currently billed monthly for lease rent of $93.75, trash fee of $23.11, utility/admin fee of $6.50, and an electric charge based on its separate meter.
- Being sold "As Is" seller may consider repairs needed to obtain financing only.


 
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