NOT LISTED FOR SALE

Kalama Terrace 35 Walaka St Unit P201 Kihei, HI 96753

Estimated Value: $508,000 - $565,000

1 Bed
1 Bath
63,162 Sq Ft
1.45 Acres

Last Sold March 29, 2019

Last sale price $329,900 $5 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,323/month

9 Days on Market

Highlights

  • In Ground Pool
  • 1.45 Acre Lot
  • Garden View

About This Home

As of March 2019

Located in South Kihei within walking distance to Charley Young, Kamaole Beach Park 1 and Cove park beaches, enjoy swimming, surfing, paddle, sunsets and whale watching, shopping and World class Golf just minutes away. Cozy 1 bed 1 bath leased until May 2019. Kalama Terrace condominiums consist of 61 apartments on 1.45 acres. Amenities include a refreshing pool, BBQ and private parking stall. HOA includes electric, gas, trash, common area maintenance. The complex is pet friendly and investors can do both short term or long term rentals in the complex.

Last Agent to Sell the Property

Mara Lockwood

Ali'i Resorts LLC License #RB-20099 Listed on: 01/29/2019

Last Buyer's Agent

Cynthia Mayo

Savio Realty Ltd License #RB-15674

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,680

Year Built

  • Built in 1972

Lot Details

  • 1.45

Home Design

  • Entry on the 2nd floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Additional Features

  • Garden Views
  • In Ground Pool

Community Details

  • Kalama Terrace Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,680

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Condominium
  • District: Kihei
  • Type: Condo
  • View: Garden View
  • Unit: P 201
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Bathrooms: 1
  • Bedrooms: 1
  • Living Area Sq Ft: 514
  • Floor Level: 2

Exterior Features

  • Pool: Yes
  • Pool Type: In-Ground

Condo/Co-op/Association

  • Complex Name: Kalama Terrace
  • Monthly Maintenance Fee: 728.68

Lot Info

  • Land Acres: 1.45
  • Land Sq Ft: 63162

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2019
Closed on
Mar 25, 2019
Sold by
Erikson Gary Lester
Bought by
Trenholm Krystle Leilani Nakeal Smythe
Seller's Agent
Mara Lockwood
Ali'i Resorts LLC
Buyer's Agent
Cynthia Mayo
Savio Realty Ltd
List Price
$339,900
Sold Price
$329,900
Premium/Discount to List
-$10,000
-2.94%
Current Estimated Value
$523,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,974
Avg. Annual Appreciation
7.69%
Original Mortgage
$232,500
Outstanding Balance
$204,825
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$328,862

Purchase Details

Closed on
May 24, 2005
Sold by
Choy Rodney S
Bought by
Erikson Gary Lester

Purchase Details

Closed on
Jun 29, 2004
Sold by
Choy Rodney and Choy Janet K
Bought by
Choy Rodney S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.31%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Trenholm Krystle Leilani Nakeal Smythe $329,900 Fam
Erikson Gary Lester $255,000 Fhtc
Choy Rodney S -- First American Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trenholm Krystle Leilani Nakeal Smythe $232,500
Closed Smythe Trenholm Krystle Leilani Nakeal $232,500
Previous Owner Choy Rodney S $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2019 03/29/19 Sold $329,900 -2.9% $5 / Sq Ft
02/07/2019 02/07/19 Pending -- -- --
01/29/2019 01/29/19 For Sale $339,900 -- $5 / Sq Ft
Source: Maui MLS (REALTORS® Association of Maui)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,680 $619,100 $61,700 $557,400
2024 $6,680 $534,400 $58,800 $475,600
2023 $4,107 $483,800 $58,800 $425,000
2022 $4,107 $346,600 $47,800 $298,800
2021 $3,775 $339,800 $47,800 $292,000
2020 $3,658 $330,100 $52,900 $277,200
2019 $1,800 $285,300 $52,900 $232,400
2018 $1,566 $248,200 $51,400 $196,800
2017 $1,589 $0 $0 $0
2016 $157 $262,300 $40,400 $221,900
2015 $759 $239,500 $40,400 $199,100
Source: Public Records

Agents Affiliated with this Home

  • Mara Lockwood

    Seller's Agent in 2019

    Mara Lockwood

    Ali'i Resorts LLC

    (808) 281-6460

    4 in this area

    5 Total Sales

    Mara Lockwood
    Section Image
  • Cynthia Mayo

    Buyer's Agent in 2019

    Cynthia Mayo

    Savio Realty Ltd

    (808) 280-3443

    9 in this area

    17 Total Sales

    Cynthia Mayo
    Section Image
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About Kalama Terrace

Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 381549

Maui MLS (REALTORS® Association of Maui)

APN: 2-3-9-016-027-0040

Hawaii Maui County Kihei 96753

35 Walaka St Unit P201, Kihei, HI

This home is located at 35 Walaka St Unit P201, Kihei, HI 96753 since 29 January 2019 and is currently estimated at $523,874, approximately $8 per square foot. This property was built in 1972. 35 Walaka St Unit P201 is a home located in Maui County with nearby schools including Kamali'i Elementary School, Lokelani Intermediate School, and Maui High School.

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