Hawaii Living

Hilo Terrace #202 (Hilo)

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485 Waianuenue Ave #202, Hilo

Description
This is a leasehold property. This is a leasehold property that will be converted to Fee Simple upon recordation of deed.
The wow factor is here. Updated with new kitchen cupboards, countertops, island with storage One side of the island will be a great eating area with a few stools. Long wall of countertop and cupboards. New flooring too!
The pictures tell it all Brand new, never used appliances, new fans with remotes and a walk-in shower with new bathroom sink What makes this condo special is the location, close to laundry and the pool A minute walk to both. The manager's unit is also in this building for quick conversations if needed. Mailboxes also just in front The parking stall is also close by and visitor parking just a short distance from the condo. A pull screen for the front door is there to keep the insects out when you want to enjoy the breezes. Monthly maintenance fee covers common area electricity, gas, water, sewer, association insurance and maintenance of the common areas. Electricity and trash are billed separately. Cable internet and phone are owner responsibility.
Past Activity
  • Mar 20, 2025 Under Contract
  • Mar 03, 2025 Listed at $240,000
  • Oct 31, 2022 Sold for $185,000
More Details
  • HOA Fees / ft²: $0.65
  • Price / ft²: $266
  • Zoning: CG-20
  • Amenities: Disposal, Microwave, Range, Refrigerator
  • TMK: 3230160660090
  • Tax Assessed Value: $103,000
  • Courtesy: Property Professionals Hawaii LLC.
  • MLS: 665219
About Hilo Terrace
  • Address: 485 Waianuenue Ave, Hilo, HI 96720.
     
  • Built: 1963, 100 Units, 2 Bedrooms, 10 2-Story Buildings, 3.5 Acre.
     
  • Amenities: Pool.
     
  • Short-term Vacation Renting: Not Allowed.

Hilo Terrace is a charming condominium complex with a prime location in Hilo. It’s located just moments away from the downtown shopping area, farmer’s market, schools and Hilo Bayfront Beach Park.

Originally a leasehold property, the majority of units have converted to fee simple ownership in early 2025. For added comfort, a resident manager is availa  ..... Read more.

MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2025 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on March 30, 2025.
Description
This is a leasehold property. This is a leasehold property that will be converted to Fee Simple upon recordation of deed.
The wow factor is here. Updated with new kitchen cupboards, countertops, island with storage One side of the island will be a great eating area with a few stools. Long wall of countertop and cupboards. New flooring too!
The pictures tell it all Brand new, never used appliances, new fans with remotes and a walk-in shower with new bathroom sink What makes this condo special is the location, close to laundry and the pool A minute walk to both. The manager's unit is also in this building for quick conversations if needed. Mailboxes also just in front The parking stall is also close by and visitor parking just a short distance from the condo. A pull screen for the front door is there to keep the insects out when you want to enjoy the breezes. Monthly maintenance fee covers common area electricity, gas, water, sewer, association insurance and maintenance of the common areas. Electricity and trash are billed separately. Cable internet and phone are owner responsibility.
MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2025 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on March 30, 2025.
  • Address: 485 Waianuenue Ave, Hilo, HI 96720.
     
  • Built: 1963, 100 Units, 2 Bedrooms, 10 2-Story Buildings, 3.5 Acre.
     
  • Amenities: Pool.
     
  • Short-term Vacation Renting: Not Allowed.

Hilo Terrace is a charming condominium complex with a prime location in Hilo. It’s located just moments away from the downtown shopping area, farmer’s market, schools and Hilo Bayfront Beach Park.

Originally a leasehold property, the majority of units have converted to fee simple ownership in early 2025. For added comfort, a resident manager is availa  ..... Read more.

 
You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
Buyer and Seller have reached an agreement and are under contract. The sale may be subject to one or more contingencies.
We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
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Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
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