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Single Family Home in Ainaloa - Puna Hawaii
At approx. 840 sq ft of living area with cathedral ceiling, this 2/1 is one of the lowest priced homes in Ainaloa, the hottest selling subdivision on the island for the past few years. This will be a cash sale and sold AS-IS, since the permits are now expired. It apears that there are other improvements including approx. 200sf addition which can be used as 2 more bedrooms, an office and/or family room, and approx. 640 sf lanai which serves as an outdoor kitchen and dining area, built without a permit.
Plans were drawn for a septic by a previous owner, but never finalized. Per seller, there is a cesspool in the back corner of the home.
TERMS are available! $100K down, with the balance at 7% for up to 2 years. This could allow the buyer time to bring the home up to code and then get a conventional loan to payoff the balloon of the PMM.
Recent upgrades by the seller include: New 1000 gal. Chemtainer plastic catchment, water pump, pressure tank and gutters, on demand heater. The roof was pressure washed and repainted, and per the seller, the home was re-wired. There are a lot of new building materials which will be left with the home.
Included are: an approx. 5K gal. above ground pool, a steel gate for security, a storage shed with some tools, and even a cute treehouse for the kids to play in.
The tiny home and jacuzzi tub will be removed prior to the close of escrow, but all other items on the property will stay.
The home is vacant, short notice OK. Hooked up to HELCO and per Seller, home is insured by Allstate for $250K.
Corner pins appear to be visible, no new survey or TIR by seller.
16-2041 Emerald Dr Pahoa 96778 is listed Courtesy of Hilo Bay Realty Llc
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