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Backup Offers

251 Olu St, Hilo, HI, 96720

$488,000

Home List Price

$5,795*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,200 SqFt
$407/SqFt
House
Schools Nearby

Location

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251 Olu St, Hilo$488,000

Buyer Closing Credits

$5,795*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCovered
Year Built1971
HeatingNone
CoolingNone
MLS #705727
StatusAccepting Backup Offers
(Contingent)

About 251 Olu St

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.

Property Details

Property Features

Property Information:

  • Year Built: 1971
  • Living Area: 1,200 SqFt

Listing Office:

  • Office Name: COMPASS

Interior Features

Interior Information:

  • Appliances: None
  • Flooring Type: Carpet

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Covered

Lot Features

Lot Information:

  • Lot: Gentle Sloping, Level, Sloped

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

School Info

Assigned Schools Information:

  • Waiakea High School, Public District Grades 9-12
  • Waiakea Intermediate School, Public District Grades 6-8
  • Waiakeawaena Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $488,000
  • Price Per SqFt: $407/SqFt

Tax Information:

  • Annual Amount: $1,290
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Hilo, HI.

Med. List Price

$445.4K

Med. Price/SqFt

$329

Avg. Days On Market

793

# of Sold Homes

1

251 Olu St vs Hilo

159 DAYS ON ROCKET

-634 Days

$488,000

+$42.5K More

$407/SqFt

+$77 More

KEY TAKEAWAY

This property is $42.5K more than the Median List Price and $77/SqFt more than other homes in Hilo, HI.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #705727

Listing Office:

  • Office Name: COMPASS

IDX © 2024 MLS Hawaii, Inc. All rights reserved.
By searching, you agree to the EULA Terms Agreement.

Those properties marked with Hawaii Information Service's icon are provided courtesy of Hawaii Information Service Multiple Listing Service™ system. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 9:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 26, 2019Home Sold
$220,000
Nov 17, 2005Home Sold
$310,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,290$312,300
2020$1,248$303,700
2019$2,564$271,200
2018$2,521$231,000
2017$2,521$227,100

History based on county public records data.

Payment Calculator

$2,503

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,530

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2095017
8
/10
  • Waiakeawaena Elementary School

  • 2420 Kilauea Ave

  • 0.17 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2095018
4
/10
  • Waiakea Intermediate School

  • 200 W Puainako St

  • 1.09 miles

  • Public District Grades 6-8

High School

school-card-donut-2095019
8
/10
  • Waiakea High School

  • 155 W Kawili St

  • 1.30 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $71,717. The most common annual income of people living in Hilo, HI is between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 251 Olu St

What is the listing price of this property?

The listing price of 251 Olu St property is $488,000.

What type of property is this?

The property 251 Olu St is a house located in Hilo, Hawaii, 96720.

Is this property for sale now?

Accepting Backup Offers: 251 Olu St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 251 Olu St are:
Waiakeawaena Elementary School: GreatSchools Rating 8/10
Waiakea Intermediate School: GreatSchools Rating 4/10
Waiakea High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,290 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 26, 2019 for $220,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 251 Olu St has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 251 Olu St is 1,200 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 251 Olu St is 1971.

Rocket Homes›Hawaii›Hawaii County›Hilo›96720›251 Olu St

This home is located at 251 Olu St in Hilo, HI and zip code 96720. This 1,200 square foot home was built in 1971. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 20, 2023 and is currently priced at $488,000.

The number of homes for sale in Hilo, HI increased by 1.5% between February 2024 and March 2024. In March 2024, listings were on the market for 793 days. During the same period, the median list price in this real estate market was $445,493.

From Rocket Homes Real Estate and based on county public records data.

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