13 days on rocket

55 Omao St, Hilo, HI, 96720

$1,300,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
17,606 SqFt
$74/SqFt
House
Schools Nearby

Location

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55 Omao St, Hilo$1,300,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCovered, None
Year Built1938
HeatingNone
CoolingNone
MLS #709981
StatusActive

About 55 Omao St

Formerly known as the Club Shoyu Brewery, this unique property is zoned Residential RS-7.5, but the property class is Industrial. There are a total of seven buildings, however, one building is uninhabitable. Four buildings were used to manufacture and store the shoyu. One building is a 3 bedroom 1 bath upstairs apartment with a large storage area downstairs. The other is a separate one bedroom, one bath cottage. Perfect investment property that could include multiple dwellings and/or another industrial-commercial use business. <br><br> Enjoy the many conveniences of Hilo town that this location has to offer, including, but not limited to: hospitals, doctor's offices, schools, grocery stores, restaurants, banks, gas stations, hardware stores, police station, fire station, post office, as well as new residential and commercial developments being proposed on Ponohawai/Komohana Streets.<br><br>Buyer to verify with the County of Hawaii Planning Department as to possible permittable uses. The property is being sold AS IS.<br><br>Although information provided herein is believed to be correct, Buyer and Buyer's Agent to conduct their own due diligence. Buyers and their agents urged to verify any information they deem material or important to their decision to purchase this property.

Property Details

Property Features

Property Information:

  • Year Built: 1938
  • Living Area: 17,606 SqFt

Listing Office:

  • Office Name: Kina'ole Realty

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Covered, None

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

School Info

Assigned Schools Information:

  • Hilo High School, Public District Grades 9-12
  • Hilo Intermediate School, Public District Grades 7-8
  • Hilo Union Elementary School, Public District Grades PK-6

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,300,000
  • Price Per SqFt: $74/SqFt

Tax Information:

  • Annual Amount: $5,579
  • Tax Year: 2021
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Housing Market Comparison

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

Med. List Price

$550K

Med. Price/SqFt

$421

Avg. Days On Market

145

# of Sold Homes

1

55 Omao St vs Hilo

13 DAYS ON ROCKET

-132 Days

$1,300,000

+$750K More

$74/SqFt

-$348 Less

KEY TAKEAWAY

This property is $750K more than the Median List Price and $348/SqFt less than other homes in Hilo, HI.

Based on homes listed in April 2024

MLS Details

MLS Information:

  • MLS Number: #709981

Listing Office:

  • Office Name: Kina'ole Realty

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: 5/15/2024, 1:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$5,579$521,400
2020$5,731$535,700
2019$5,306$514,500
2018$5,264$495,900
2017$5,264$492,000

History based on county public records data.

Payment Calculator

$6,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,964

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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-1424909
8
/10
  • Hilo Union Elementary School

  • 506 Waianuenue Ave

  • 0.80 miles

  • Public District Grades PK-6

Middle School

school-card-donut-1424910
7
/10
  • Hilo Intermediate School

  • 587 Waianuenue Ave

  • 0.68 miles

  • Public District Grades 7-8

High School

school-card-donut-1424911
3
/10
  • Hilo High School

  • 556 Waianuenue Ave

  • 0.71 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,626. Residents of Hilo, HI typically earn between $35k-100k each year. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 55 Omao St

What is the listing price of this property?

The listing price of 55 Omao St property is $1,300,000.

What type of property is this?

The property 55 Omao St is a house located in Hilo, Hawaii, 96720.

Is this property for sale now?

Active Listing: 55 Omao St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 55 Omao St are:
Hilo Union Elementary School: GreatSchools Rating 8/10
Hilo Intermediate School: GreatSchools Rating 7/10
Hilo High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,579 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 55 Omao St has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 55 Omao St is 17,606 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 55 Omao St is 1938.

Rocket Homes›Hawaii›Hawaii County›Hilo›96720›55 Omao St

This home is located at 55 Omao St in Hilo, HI and zip code 96720. This 17,606 square foot home was built in 1938. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 01, 2024 and is currently priced at $1,300,000.

In April 2024 in Hilo, HI there were 11.5% more homes for sale than in March 2024. In April 2024 median list price was $550,000 and the average listing age was 145 days.

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

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