#715441, Listing Office: Equity Hawaii Real Estate LLC
$5,795
closing credit¹
251 Olu St Hilo, HI 96720
Property details
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.
Highlights
(Contingent)
Summary
- MLS Number: 705727
- Office Name: COMPASS
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$488,000
251 Olu St
$5,795
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Mar 14, 2024 | Home Sold | $480,000 |
Apr 26, 2019 | Home Sold | $220,000 |
Nov 17, 2005 | Home Sold | $310,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $341,300 | $1,326 |
2023 | $331,400 | $1,322 |
2022 | $321,700 | $1,337 |
2021 | $312,300 | $1,290 |
2020 | $303,700 | $1,248 |
2019 | $271,200 | $2,564 |
2018 | $231,000 | $2,520 |
2017 | $227,100 | $2,520 |
History based on county public records data.
Nearby schools
8
Waiakeawaena Elementary School
Public District PK-5
0.1 mi
•2420 Kilauea Ave
5
Waiakea Elementary School
Public District PK-5
1.0 mi
•180 W Puainako St
4
Chiefess Kapiolani Elementary School
Public District PK-6
2.3 mi
•966 Kilauea Ave
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 $71,717. Residents of Hilo, HI typically earn between $35k-100k each year. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
Living in Hilo, HI
About 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 listings in Hilo, HI increased by 21.2% between December and January 2025. The median list price of listings available in January 2025 was $625,000, while the average time on the real estate market was 212 days.