Sold for $480,000 on 03/14/24
$480,000
251 Olu St, Hilo, HI 96720
3beds
1,200sqft
Single Family Residence
Built in 1971
8,970 Square Feet Lot
$520,900 Zestimate®
$400/sqft
$2,566 Estimated rent
Home value
$520,900
$484,000 - $557,000
$2,566/mo
Zestimate® history
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What's special
Discover timeless island living in this 1971 single-story home located in the heart of Hilo's Waiakea Homestead Houselots. Offering approximately 1200 sq ft of living space on an 8970 sq ft lot, this residence is a blend of nostalgia and modern comfort.<br><br>Step inside to experience the warmth of authentic koa paneling and redwood, creating a cozy ambiance throughout the 3-bed, 2.5-bath interior. The single-wall construction, typical of the era, aligns with the tropical climate, allowing the cool tradewinds to naturally ventilate the home. The open layout, complemented by jalousie windows, welcomes ample natural light, creating an airy and inviting atmosphere.<br><br>The primary suite is a private retreat, featuring lighted closets and a full bath. A bonus room and a small office space add versatility to the floor plan. Outside, a large carport beckons for gatherings, and a chain-link fence with a gate provides security.<br><br>Convenience is at your doorstep with proximity to Waiakeawaena Elementary, supermarkets, convenience stores, and dining options. Explore nearby attractions like Prince Kuhio Mall, Andrews Gymnasium, and sports fields, as well as beautiful beaches in nearby Keaukaha and Hilo Bay for leisure.<br><br>Enjoy views of Mauna Kea and immerse yourself in Hilo's unique charm, characterized by historic downtown wooden storefronts, art galleries, and local boutiques. Uncover the region's rich history at the Pacific Tsunami Museum and the Lyman Museum. Enjoy the vibrant local scene with the Hilo Farmers Market and the University of Hawaii at Hilo just a short drive away.<br><br>Become part of Hilo's cultural tapestry with events like the Merrie Monarch Festival, celebrating hula and Hawaiian heritage. This home invites you to embrace the Hilo lifestyle, where classic architecture meets modern convenience in a community that celebrates the spirit of aloha.
Zillow last checked: 8 hours ago
Listing updated: October 31, 2024 at 03:42am
Listed by:
Donna Duryea 8089874511,
COMPASS,
Loki Vares 808-936-3556,
COMPASS
Bought with:
Staci Wolff, RS-82566
eXp Realty
Hiram Pukahi, RS-84683
Real Broker LLC
Source: Hawaii Information Service,MLS#: 705727
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- None
Cooling
- None
Appliances
- Included: None
Features
- Flooring: Carpet
- Has fireplace: No
Interior area
- Total structure area: 1,200
- Total interior livable area: 1,200 sqft
Property
Parking
- Parking features: Covered
Features
- Levels: One
- Fencing: Chain Link
Lot
- Size: 8,970 sqft
- Dimensions: 149 x 60
- Features: Grassy
- Topography: Fairly Level,Gentle Slope,Level,Steep Slope
Details
- Parcel number: 3220421200000
- Zoning: RS-10
- Special conditions: Fee Simple,Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Single Wall
Condition
- Year built: 1971
Utilities & green energy
- Sewer: Cesspool
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Phone Available, Water Available
Community & neighborhood
Location
- Region: Hilo
- Subdivision: WAIAKEA HOMESTEAD HOUSELOTS
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership: Full
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/14/2024 | Sold | $480,000-1.6%$400/sqft |
Source: | ||
| 1/17/2024 | Price change | $488,000-1.4%$407/sqft |
Source: | ||
| 11/20/2023 | Listed for sale | $495,000+125%$413/sqft |
Source: | ||
| 4/26/2019 | Sold | $220,000-2.2%$183/sqft |
Source: | ||
| 3/14/2019 | Pending sale | $224,900$187/sqft |
Source: Kohala Resort Realty, LLC #625211 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $456,500 +33.8% |
| 2024 | $1,327 +0.3% | $341,300 +3% |
| 2023 | $1,323 -1.1% | $331,400 +3% |
Find assessor info on the county website
Neighborhood: 96720
Nearby schools
GreatSchools rating
- 8/10Waiakeawaena Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 6/10Waiakea Intermediate SchoolGrades: 6-8Distance: 1.1 mi
- 9/10Waiakea High SchoolGrades: 9-12Distance: 1.3 mi

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$520,900
2% more+ $10,418
With Zillow Showcase(estimated)
$531,318