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Market value numbers below are estimates only and are based on our research. Please do your own due diligence before purchasing any of these properties and ensure that you work with a reputable Realtor. It is possible today's property may no longer be available as well-priced bank owned real estate (REO) is often snatched up quickly by investors.

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Ocean View Population:  4,000    |   Cost of Living: 25% Above U.S. Average    |   Crime Rate:  Meets U.S. Average

 

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Today's Bargain: Single Family Home (Bank Owned)

92-1882 Ocean View Parkway, Ocean View, HI 96737

3 bedrooms, 2 baths, 1,848 sq. ft., built in 2006

Current Price: $183,500    Web Site

Current Market Value Estimate: $245,050

Taxes: N/A    HOA: Yes ($100/year for roads)

Last Sold in 2006 for $359,000

Acre of wooded land, distant ocean views

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Hawaii Stats:

Population, year 2016 estimate - 1,428,916

Persons 65 years old and over, year 2016 - 16%

High school graduates, percent of persons age 25+, year 2016 - 91%

Bachelor's degree or higher, pct of persons age 25+, year 2016 - 30%

Persons of Hispanic or Latino origin, percent, year 2016 - 10%

White persons, not Hispanic, percent, year 2016 - 22%

Median household income, year 2016 - $69,515

Social Security taxed? No

Source: U.S. Census Bureau

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Hawaii:

The Aloha State is an isolated volcanic archipelago 2,397 miles east of San Francisco. Although it was annexed by the United States in 1900, Hawaii did not become a state until August 21, 1959. It is the only U.S. state made up entirely of islands, and it is the northernmost island group in Polynesia.

Hawaii's islands are known for their lush foliage, rugged geography, as well as their gold, red, black, and green sand beaches. Its Kilauea volcano is one of the world's most active. NASA astronauts trained for moon voyages by walking on Mauna Loa's hardened lava fields.

Of the six major islands, Oahu has the only major city - Honolulu. Climate and rainfall can vary depending on altitude and location. Thanks to trade winds, the north and east side receive higher amounts of moisture than the south and west. The islands experience some tropical storms, but the incidence of a true hurricane is rare. The rainiest city, Hilo, in the United States is in Hawaii.

Tourism and defense are a large part of the Hawaii's economy. The state is the only one in the union to grow coffee. It also produces most of the nation's pineapple and sugar cane. Nearly eight million tourists come to visit each year.

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