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23 Lihikai Rd
Hilo Land
$200,000   Active
Photo of 23 Lihikai Rd, Hilo, HI 96720
Priced under assessment! 2 tear down structures with resort-hotel zoning, close to Hilo Bay. Lihikai Road fronting the property leads to the ocean, which is a short 1 minute (or less) walk down the street. Build your dream home/bed & breakfast/ small boutique hotel on this large lot. Make an offer! Property is zoned V-.75 which is Resort-Hotel District, which according to the Hawai'i County Code (see attached), shall have a maximum density of 750sf of land per each dwelling unit or separate rentable unit. See attached disclosures for more regarding utilities/availability, etc. Do NOT walk on property. Do NOT knock on doors.
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MLS ID: 201704802
TMK: 3-2-1-014-053-0000
Region: South Hilo
Neighborhood: Hilo
City: Hilo
Zip Code: 96720
Living Area: sq ft   ( / sq ft)
Days On Market: 75
Listing Date: 03/13/2017
Original Price: $200,000
Land Tenure: Fee Simple
Condition: Average

Year Built:
View: Other
Frontage: Other
New Construction:
Pets: No

Utilities: Overhead Electricity, Public Water
Disclosures: 1031 Exchange
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Elementary:
Middle:
High:
Possession:
Financing: Cash, Conventional, Exchange
Sales Conditions: None
Total Fees:
Land: $136,700
Improvements: $68,500
Assessed Total: $205,200
Assessed Ratio: 97.47%
Monthly Tax: $185   (Tax Year 2016)
Exemption:
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Building Style:
Construction:
Flooring:
Unit Features:
Floor Number:
# Elevators:
Flood Zone: Zone VE
Management Co.:
Phone #:
Listing Courtesy: Commercial Inv. Strategies
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Date Field Old Value New Value
03/16/17 Status   Active
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Loan 1 Point w/20% Down: $1,600
Lender Title Insurance: $250
Lender Fee: $595
Appraisal: $650
Escrow Fee: $450
Title Insurance: $322
Home Inspection: $0
Closing Reserve: $350
Property Tax: $268
Other Fees: $200
Total: $4,685
Rate 4.00% 4.50% 5.00%
0% Down $955 $1,013 $1,074
3.5% Down $921 $978 $1,036
10% Down $859 $912 $966
20% Down $764 $811 $859
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