Hilo Terrace #202 | 485 Waianuenue Ave #202

Asking Price: $240,000
Beds: 2
Baths: 1
Living: 695 ft²
Built: 1963
Maint. (HOA) Fees: $579 / month
Property Taxes: $131 / month
Est. Mortgage: 0 $1,151 / mo - adjust loan
Time Listed for Sale: 17 days
Status Under Contract ?
(since Mar 20, 2025)
Tenure: Fee Simple
Buy without visiting ?
All Hilo Terrace condos for sale »
All Hilo condos for sale »

485 Waianuenue Ave #202, Hilo

Agency Info

We regret, Hawaii Living is currently unable to assist you with this listing. Feel free to contact listing agent directly: - Island Boutique Realty Inc.

Description

Discover the perfect blend of style, comfort, and convenience in this beautifully furnished 2-bedroom, 1-bath condo in Downtown Hilo - complete with an active STVR permit for added flexibility and investment potential. Designed with a cozy and welcoming boho touch, this condo features lauhala ceilings, two built-in hammock swings, a custom built-in bunk bed, and fresh paint throughout. Modern upgrades include new ceiling fan/light fixtures, fiber-optic WiFi, and plenty of storage space - all adding to the charm and functionality of this unique space. Perched on the desirable second floor, this condo offers Hilo Bay ocean views from both bedrooms and is ideally located near the pool, laundry area, mailboxes, and assigned parking stall.

Enjoy the ease of also being just minutes from Hilo Benioff Medical Center, shopping, dining, schools, and more.

Monthly dues include water, sewer, garbage, propane, pest control and maintenance of the exterior and common areas. Exciting updates are also underway, with the laundry facility set to be renovated this month, and brand-new machines being installed.

Don't miss this special opportunity - come and experience the warmth of this unique Hilo retreat!

Information herein, while deemed reliable, may contain inaccuracies, and is provided without warranty/guarantee of any kind. Agents and Buyers are advised to engage qualified specialists to verify information they deem material or important to the
purchase of the property including, but not limited to, the condition, permits and square footage.

Recent Activity

Mar 20, 2025 Under Contract
Mar 03, 2025 Listed at $240,000
Oct 31, 2022 Sold for $185,000

Past Sales
(Hilo Terrace)

#149: 2 Bds | 1 Ba @ $225K (4/7/25)
#235: 2 Bds | 1 Ba @ $170K (3/28/25)
#218: 2 Bds | 1 Ba @ $170K (2/28/25)
#E124: 2 Bds | 1 Ba @ $204K (2/27/25)
#G137: 2 Bds | 1 Ba @ $125K (2/12/25)
#224: 2 Bds | 1 Ba @ $77K (2/11/25)
#A207: 2 Bds | 1 Ba @ $198K (2/5/25)
#E227: 2 Bds | 1 Ba @ $178K (12/30/24)
#133: 2 Bds | 1 Ba @ $190K (12/26/24)
#123: 2 Bds | 1 Ba @ $215K (12/4/24)

+Show more recently sold

#F144: 2 Bds | 1 Ba @ $175K (11/7/24)
#D119: 2 Bds | 1 Ba @ $125K (10/15/24)
#F246: 2 Bds | 1 Ba @ $153K (8/2/24)
#K249: 2 Bds | 1 Ba @ $235K (5/15/24)
#208A: 2 Bds | 1 Ba @ $175K (4/19/24)
#233: 2 Bds | 1 Ba @ $89K (3/25/24)
#248: 2 Bds | 1 Ba @ $190K (2/2/24)
#211: 2 Bds | 1 Ba @ $200K (1/23/24)
#228: 2 Bds | 1 Ba @ $204K (11/21/23)
#109: 2 Bds | 1 Ba @ $185K (9/20/23)
#245: 2 Bds | 1 Ba @ $160K (7/31/23)
#110A: 2 Bds | 1 Ba @ $185K (6/27/23)
#210A: 2 Bds | 1 Ba @ $180K (6/20/23)
#209A: 2 Bds | 1 Ba @ $184K (6/16/23)
#H232: 2 Bds | 1 Ba @ $160K (5/24/23)
#105A: 2 Bds | 1 Ba @ $180K (2/28/23)
#140: 2 Bds | 1 Ba @ $125K (1/11/23)
#229 (H): 2 Bds | 1 Ba @ $67K (11/30/22)
#202: 2 Bds | 1 Ba @ $185K (10/31/22)
#117: 2 Bds | 1 Ba @ $165K (10/3/22)
#G239: 2 Bds | 1 Ba @ $154K (9/8/22)
#203: 2 Bds | 1 Ba @ $45K (8/9/22)
#206: 2 Bds | 1 Ba @ $140K (7/14/22)
#F145: 2 Bds | 1 Ba @ $98K (7/14/22)
#G138: 2 Bds | 1 Ba @ $145K (6/24/22)
#204: 2 Bds | 1 Ba @ $145K (6/17/22)
#128: 2 Bds | 1 Ba @ $130K (5/20/22)
#241: 2 Bds | 1 Ba @ $118K (2/28/22)
#111: 2 Bds | 1 Ba @ $51K (2/7/22)
#238: 2 Bds | 1 Ba @ $40K (1/27/22)
#B112: 2 Bds | 1 Ba @ $89K (1/26/22)
#237: 2 Bds | 1 Ba @ $40K (1/24/22)
#141: 2 Bds | 1 Ba @ $40K (1/24/22)
#A106: 2 Bds | 1 Ba @ $120K (1/21/22)
#142: 2 Bds | 1 Ba @ $131K (1/7/22)
#243: 2 Bds | 1 Ba @ $85K (12/13/21)
#K248: 2 Bds | 1 Ba @ $106K (9/24/21)
#147: 2 Bds | 1 Ba @ $96K (7/29/21)
#B214: 2 Bds | 1 Ba @ $37K (7/26/21)
#C116: 2 Bds | 1 Ba @ $37K (7/26/21)

More Details

HOA Fees / ft²: $0.83
Price / ft²: $345
Zoning: CG-20
View: Ocean
Amenities: Disposal, HIS Microwave Hood, Range, Refrigerator
TMK: 3230160660090
Tax Assessed Value: $134,000
Courtesy: Island Boutique Realty Inc.
MLS: 718925

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 April 18, 2025.

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Asking Price: $240,000

Description

More Details

Recent Activity

Mar 20, 2025 Under Contract
Mar 03, 2025 Listed at $240,000
Oct 31, 2022 Sold for $185,000

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.

Other Hilo Terrace Listings

Map

$200,000

Hilo Terrace #224

2 Bds | 1 Ba
695 ft²

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.
Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.

Other fees could be a special assessment, reserve contributions etc.

DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.

Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.

Learn about property tax rates.

Property Taxes	$ 131 / month
Maint Fees	$ 579 / month

Total

Hilo Terrace #202 (Hilo)

485 Waianuenue Ave #202, Hilo