Home for Sale at 16-1396 36TH AVE, KURTISTOWN, HI 96760

Refine Search

16-1396 36th Ave
Kurtistown, HI 96760

Lisa Heaviside with Hawaii Life, original listing - (800) 370-3848

« Prev

Property Details

List Price:	$230,000
Beds:	2
Baths:	Full: 2
Status:	Active
SqFt:	1027 Square Feet
Agency:	Hawaii Life
Agency Phone:	(800) 370-3848

Map Details Show Map | Show StreetView

Description/Comments

Lot Size:	2 acre(s)
Property Type:	Residential-Single Family Residence
Year Built:	2008
Notes:	With acceptable offer, owner will carry back with 50% down payment at 8% interest rate fully amortized for 5-7 years with balance due in full in 5 years with a balloon payment.<br /> Living in a yurt has become increasingly popular in Hawaii, thanks to its warm and tropical climate. This well-constructed yurt, situated on two full acres, offers approximately 700 sqft. of living space and provides all the comforts of home. Equipped with a photovoltaic system, including new interstate batteries and a 10,000-gallon catchment tank in place, this unique dwelling features a lovely open living area with high ceiling, a fully equipped kitchen and ample windows for natural light. There is a bathroom area with outdoor shower and hookups for washer/dryer. <br /> <br /> The yurt's roof and sides were replaced in 2015, introducing additional windows and insulation. Additionally, there are two 16ft X 10ft studio cabins that share a bathroom. These cabins have their own photovoltaic system and catchment water system in place that are separate from the yurt. The property boasts an abundance of mature fruit trees, including avocado, lemon, orange, rambutan, ulu, lychee, coconut, mango, and more. A beautiful rainbow eucalyptus trees and various types of bamboo further enhance the surroundings.<br /> <br /> Situated approximately 10 miles from Hilo, the property provides convenient access to shopping, restaurants, healthcare professionals, and a hospital. This presents a unique opportunity to live off the grid on a fully sustainable and private two-acre oasis.
MlsNumber:	--
ListingId:	707214

Listing Provided By:	Hawaii Life, original listing
Phone:	(800) 370-3848
Office Phone:	(800) 370-3848
Agent Name:	Lisa Heaviside
Disclaimer:	Copyright © 2024 Hawaii Information Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Local Real Estate Expert

Art Manzano

eXp Realty

Call Today!: (808) 276-3248

Contact Me

USHUD.com on the Go!

Foreclosure Mobile App

HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.

HudExchange.com is a private company not affiliated or associated with or endorsed, authorized, approved, sponsored
or licensed by the US Department of Housing and Urban Development

HudExchange.com is an Equal Housing Opportunity

- Pat. 7,813,958 - Pat. 7,958,007 - Pat. 8,046,258 - Pat. 8,073,737 - Pat. 8,190,476 - Pat. 8,195,514
- Pat. 8,306,856 - Pat. 8,412,576 - Pat. 8,510,165 - Pat. 8,825,527 -