Sold for $590,000 on 08/21/24
$590,000
228 Iwalani St, Hilo, HI 96720
4beds
1,768sqft
Single Family Residence
Built in 1964
0.35 Acres Lot
$590,700 Zestimate®
$334/sqft
$2,715 Estimated rent
Home value
$590,700
$526,000 - $662,000
$2,715/mo
Zestimate® history
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What's special
MOTIVATED SELLER! PRICE JUST REDUCED TO $599,000! ENDLESS POSSIBILITIES ABOUND FOR THIS MULTI-GENERATIONAL PROPERTY! AMAZING CENTRAL HILO LOCATION ON IWALANI STREET!
PLEASE CLICK ON THE MUST SEE VIRTUAL TOUR!
These types of generational properties rarely become available. This large 4 bedroom, 2 bath home with multiple family rooms, a wet bar, enclosed shed, and covered outside patio, boasts approximately 2,552sf under roof! The original 3 bedroom 1 bath home consists of 800sf, with an attached carport of 400sf. A permitted family room, rumpus room, and wet bar of 616sf was added on the same level as the original home, and a permitted 1 bedroom, 1 bath of 352sf was added on the second story above this addition. Total interior living area is 1,768sf. But there's more.
The original 3 bedroom, 1 bath home, and the 1 bedroom, 1 bath addition can be used as one large home, or partitioned-off to create separate living spaces. Both have their own individual entrances. Covered outside patio houses the central laundry area, and even has an old-style outside toilet and shower, perfect for cleaning up after working in the yard, or a day at the beach! There's also a large cement courtyard area to use as you wish. Behind the carport you will find an enclosed storage shed of 148sf, which could be utilized as storage, or a home office, or explore the many possibilities given your lifestyle needs...you decide!
The original home has beautiful solid wood floors in the living room, tile in the kitchen, and carpet in the bedrooms. 1 bedroom, 1 bath addition on the second floor has amazing Hilo town, ocean, and Mauna Kea views! The 15,150sf property is landscaped and well-manicured! Long paved driveway and additional parking spaces for visiting family and guests.
This beautiful property is awaiting for you to call it...home!
Zillow last checked: 8 hours ago
Listing updated: October 31, 2024 at 03:42am
Listed by:
Darren M Ah Chong 8089368002,
Ah Chong Realty, LLC
Bought with:
Buyer Not Represented
Buyer Not Represented
Source: Hawaii Information Service,MLS#: 708085
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Flooring: Carpet
- Has fireplace: No
Interior area
- Total structure area: 1,768
- Total interior livable area: 1,768 sqft
Property
Parking
- Parking features: Attached
Features
- Fencing: Block,Chain Link
- Has view: Yes
- View description: Coastline, Mountain(s), Ocean Horizon, Sunrise
- Has water view: Yes
- Water view: Ocean
Lot
- Size: 0.35 Acres
- Dimensions: 202 x 75
- Features: See Remarks
- Topography: Gentle Slope
Details
- Parcel number: 3240151020000
- Zoning: RS-15
- Special conditions: Fee Simple,Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 1964
Utilities & green energy
- Sewer: Cesspool
- Utilities for property: Cable Available, Electricity Available, Phone Available
Community & neighborhood
Location
- Region: Hilo
- Subdivision: WAIAKEA HOMESTEADS 3RD SERIES
Other
Other facts
- Listing terms: Cash,Conventional,Purchase Money Mortgage,VA Loan
- Ownership: Full
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2024 | Sold | $590,000-1.5%$334/sqft |
Source: | ||
| 7/2/2024 | Price change | $599,000-1.8%$339/sqft |
Source: | ||
| 6/18/2024 | Price change | $610,000-4.5%$345/sqft |
Source: | ||
| 5/21/2024 | Price change | $639,000-3%$361/sqft |
Source: | ||
| 4/23/2024 | Price change | $659,000-2.9%$373/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $552,600 +7.1% |
| 2024 | $5,730 +7.3% | $516,200 +7.3% |
| 2023 | $5,340 +6.9% | $481,100 +6.9% |
Find assessor info on the county website
Neighborhood: 96720
Nearby schools
GreatSchools rating
- 6/10Waiakea Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 6/10Waiakea Intermediate SchoolGrades: 6-8Distance: 0.6 mi
- 9/10Waiakea High SchoolGrades: 9-12Distance: 0.8 mi

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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$590,700
2% more+ $11,814
With Zillow Showcase(estimated)
$602,514