$5,225 Closing Credit¹
#721230, Listing office: Acasio Realty, Inc.
$450,000 List price
140 Palani St Hilo, HI 96720
$5,344
Closing credit¹
3 beds
1 full
792 sqft
$568 / sqft
House
Property details
About 140 Palani St
Charming 3 bedroom / 1 bath home located up in Ainako Subdivision with vinyl siding! Two-story home with basement and a good sized yard as you enter the cul-de-sac with hardwood flooring in the living room area. Upstairs is 2 bedrooms and the full bath, with kitchen and living room. Downstairs is the other bedroom, bathroom, lots of storage space, and laundry area. Yard is home to beautiful ornamental shrubs on lava rock landscaping in the front and side yards with gingers, citrus, avocado, banana, surinam cherry, etc. in the back portion. <br><br>Property is close to town being only a 5 minute drive to the downtown Hilo area where you can find local shops/markets, groceries, professional offices, restaurants, post office, fast food/drive-thrus, daycare, convenience stores, garden supply, hardware, etc. Also, the Hilo's only hospital is about a 5-10 minute drive away and where a lot of doctor's offices are centered around. Rainbow Falls and Boiling Pots park attractions are not too far off as well!
Highlights
Home typeSingle Family Residence
StatusActive
(A)
(A)
Size792 sqft
Year built1953
ParkingAttached
MLS #721729
Attached garageYes
ViewOcean
Summary
- Full Bathrooms: 1
- Appliances: Range
- Flooring Type: Carpet
- Total Bedroom Count: 3
- Attached Garage: Yes
- Parking: Attached
- View: Ocean
- List Price: $450,000
- Price/SqFt: $568
- HOA Amount: $0 Monthly
- Annual Tax Amount: $424
- Tax Year: 2024
- Lot: Cleared, Cul-De-Sac, Rocky
- Year Built: 1953
- Living Area: 792 SqFt
- MLS Number: 721729
- MLS Name: Hawaii Information Service
- Office Name: Acasio Realty, Inc.
- Office Phone: (808) 333-9209
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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: 6/12/2025, 4:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$450,000
140 Palani St
$5,344
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $220,400 | $424 |
| 2023 | $214,000 | $407 |
| 2022 | $207,800 | $530 |
| 2021 | $201,700 | $500 |
| 2020 | $195,800 | $471 |
| 2019 | $190,100 | $416 |
| 2018 | $184,600 | $389 |
| 2017 | $179,200 | $389 |
History based on county public records data.
Nearby schools
9
Ernest Bowen Desilva Elementary School
Public District PK-6
0.2 mi
•278 Ainako Ave
7
Hilo Union Elementary School
Public District PK-6
1.8 mi
•506 Waianuenue Ave
8
Kaumana Elementary School
Public District PK-6
2.0 mi
•1710 Kaumana Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $59,576. The majority of Hilo, HI residents have income between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
24%
<35k
53%
35k-100k
20%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
33%
Single, No Kids
10%
Single, with Kids
32%
Married, No Kids
25%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
8%
12-17 yrs old
20%
18-34 yrs old
40%
35-64 yrs old
16%
65+ yrs old
What do the neighbors do for fun?
NASCAR
Soccer
PGA/LPGA
Where do the neighbors shop?
Dick's Sporting Goods
Old Navy
Stein Mart
Where do the neighbors go to eat?
Arbys
Jimmy Johns
Bob Evans
What do the neighbors drive?
GMC
Lincoln
Lexus
What do the neighbors listen to?
Adult Hits
New Country
News/Talk/Information
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Hilo, HI
Transportation in Hilo includes a public bus system that connects residents to key areas within the town and surrounding regions. While schedules vary, the bus service provides a reliable option for those without private vehicles. The area is moderately walkable, particularly in the downtown district, where shops and restaurants are concentrated. For longer distances, a network of roads and highways connects Hilo to other parts of the Big Island, and the Hilo International Airport facilitates air travel. Ride-sharing services are available, complementing the existing transportation options.
The community is served by a network of public and private educational institutions, ensuring a range of options for families. Healthcare services are available through local clinics and the Hilo Medical Center, which provides comprehensive care including emergency services. The public library system supports the town's educational and cultural needs. Retail and dining establishments offer a taste of local flavors and crafts, reflecting the diverse cultural influences of Hilo. City initiatives aim to maintain and improve these services to accommodate the needs of a growing population.
Hilo is celebrated for its laid-back atmosphere and rich cultural heritage. The community prides itself on its strong ties to native Hawaiian traditions and the spirit of Aloha. Residents and visitors alike enjoy the town's vibrant festivals, including the renowned Merrie Monarch Hula Festival, which showcases the island's deep cultural roots and artistic expression. The area's natural beauty, with its lush landscapes and nearby waterfalls, contributes to a serene and inviting community character.
Hilo offers a diverse range of housing options, from charming bungalows to spacious contemporary homes. The housing landscape is characterized by a mix of single-family residences and multi-family units, with single-family homes making up a significant portion of the market. Architectural styles reflect the island's unique cultural blend, with influences ranging from plantation-style to modern Pacific designs. The area has seen a range of development periods, with many homes dating back to the mid-20th century, providing a sense of historical charm.
About 140 Palani St
The listing price of 140 Palani St property is $450,000.
The property 140 Palani St is a house located in Hilo, Hawaii, 96720.
Active Listing: 140 Palani St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 140 Palani St are: Ernest Bowen Desilva Elementary School (GreatSchools Rating 9/10), Hilo Union Elementary School (GreatSchools Rating 7/10), Kaumana Elementary School (GreatSchools Rating 8/10), Hilo Intermediate School (GreatSchools Rating 7/10), Waiakea Intermediate School (GreatSchools Rating 4/10), Prince Jonah Kalanianaole Elementary & Intermediate School (GreatSchools Rating 4/10), Hilo High School (GreatSchools Rating 4/10), Connections - New Century Public Charter School (GreatSchools Rating 4/10), Waiakea High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $424 (source: MLS/based on county public records data).
The property at 140 Palani St has 3 bedrooms and 1 bathroom.
The property 140 Palani St is 792 SqFt (source: MLS/tax record).
The year of construction for 140 Palani St is 1953.
This home is located at 140 Palani St in Hilo, HI and zip code 96720. This 792 square foot home was built in 1953. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 10, 2025 and is currently priced at $450,000.
Over 4 listings were sold over their listed price in May 2025 in Hilo, HI. In the same period over 13 listings were sold below the listed price and 3 listings were sold for the listed price. The number of listings in Hilo, HI increased by 2% between April and May 2025. In May 2025, listings were on the market for 122 days. During the same period, the median list price in this real estate market was $550,000.
From Rocket Homes Real Estate and based on county public records data.