NOT LISTED FOR SALE

Kalama Terrace 35 Walaka St Unit P202 Kihei, HI 96753

Estimated Value: $561,000 - $629,000

1 Bed
1 Bath
63,162 Sq Ft
1.45 Acres

Last Sold February 27, 2023

Last sale price $600,000 $9 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,871/month

5 Days on Market

Highlights

  • In Ground Pool
  • Garden View
  • Stone Flooring
  • 1.45 Acre Lot
  • Furnished
  • Outdoor Grill

About This Home

As of February 2023

Welcome to Kalama Terrace P202! This beachy island retreat is centrally located in South Maui a short walk from Charley Young beach as well as the Cove and Kamaole I beach parks. Fully furnished and offered turnkey, this condo exemplifies ease of ownership and can be enjoyed as an opportune primary residence, a low-maintenance second home or a short-term vacation rental. The grounds feature a community area with BBQ and a pool ensconced in lush landscaping and this property includes all utilities in the association dues. Kalama Terrace P202 is on the second floor of the Pualei building and the lanai has a small breakfast bar pass-through to the kitchen. The interior is bright and beautiful with abundant natural light and the community is pet friendly. Coastal living in South Maui calls, answer as you will.

Last Listed By

Daniel Gonzalez

Island Sotheby's International Realty(L) License #RS-80001 Listed on: 01/31/2023

Island Sotheby's International Realty(L)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,911

Year Built

  • Built in 1972

Lot Details

  • 1.45

Parking

  • 1 Carport Space

Home Design

  • Slab Foundation
  • Shake Roof
  • Stucco Exterior
  • Masonry

Interior Spaces

  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Dining Area
  • Stone Flooring
  • Garden Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Home Security

Outdoor Features

  • In Ground Pool
  • Outdoor Grill

Schools

  • Kamalii Elementary School
  • Lokelani Intermediate
  • Maui High School

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Short Term Rentals Allowed

Community Details

Overview

  • Low-Rise Condominium
  • Kalama Terrace Community
  • Kalama Terrace Subdivision

Additional Features

  • Laundry Facilities
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,911

Year Built

Built in 1972

Lot Details

0

Listing Details

  • District: Kihei
  • Other Features: Bar-B-Que, Community Laundry
  • Type: Condo
  • View: Garden View
  • Unit: P-202
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Year Built: 1972
  • Year Renovated: 2016
  • Cov Lanai Deck Sq Ft: 71
  • Geo Subdivision: HI
  • Tax Year Ending: 2022
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Stone/Concrete
  • Additional Rooms: Dining Area
  • Bathrooms: 1
  • Bedrooms: 1
  • Included: Ceiling Fan(s), Dishwasher, Disposal, Drapes, Furnished, Kitchen Ware, Microwave, Range, Refrigerator, Smoke/Heat Detector
  • Living Area Sq Ft: 514
  • Price Per Sq Ft: 1167.32
  • Floor Level: 2

Exterior Features

  • Construction Data: Masonry
  • Design And Structure: Low-Rise 1-3 Stories
  • Exterior Finish: Stucco
  • Pool: Yes
  • Roofing: Cedar Shake
  • Substructure: Concrete Slab
  • Pool Type: In-Ground

Garage/Parking

  • Carport: Yes
  • Number of Carport Spaces: 1

Utilities

  • Room AC Number: 1
  • Sewer: Sewer County
  • Utilities To Site: County Water, Overhead Electricity, Telephone, Tv Cable

Condo/Co-op/Association

  • Other Monthly Fees: Maintenance Fees
  • Complex Name: Kalama Terrace
  • Monthly Maintenance Fee: 825.12

Schools

  • Elementary School: Kamalii Elementary
  • Middle School: Lokelani Intermediate
  • High School: Maui High
  • Elementary School: Kamalii Elementary
  • High School: Maui High
  • Intermediate School: Lokelani Intermediate

Lot Info

  • Assessed Improvement Value: 298800
  • Assessed Land Value: 47800
  • County Zoning: A-2 Apartment District
  • General Land Class: Apartment
  • Land Acres: 1.45
  • Land Sq Ft: 63162
  • State Zoning: Urban
  • Geo Address Line: 35 Walaka St
  • Geo Primary City: Kihei
  • Geo Quality: 0.95
  • Geo Zoom Level: 16

Rental Info

  • Short Term Rental Allowed: Yes

Tax Info

  • Taxes Per Month: 342.27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2023
Closed on
Feb 21, 2023
Sold by
Hoogendam Nicholas Brice and Hoogendam Brandi Nicole
Bought by
Bovee Family Trust
Seller's Agent
Daniel Gonzalez
Island Sotheby's International Realty(L)
Buyer's Agent
Kauai MLS
Kauai Board of Realtors
List Price
$595,000
Sold Price
$600,000
Premium/Discount to List
$5,000
0.84%
Total Days on Market
5
Current Estimated Value
$588,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,312
Avg. Annual Appreciation
-1.62%

Purchase Details

Listed on
Dec 21, 2018
Closed on
Jul 11, 2019
Sold by
Light Martina
Bought by
Hoogendam Nicholas Brice and Hoogendam Brandi Nicole Mcvay
Seller's Agent
Amber Lee
Hawaii Life (W)
Buyer's Agent
Daniel Gonzalez
Island Sotheby's International Realty(L)
List Price
$449,000
Sold Price
$375,000
Premium/Discount to List
-$74,000
-16.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.86%
Original Mortgage
$318,750
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2014
Sold by
Lawrence Steven Richard
Bought by
Light Martina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2002
Sold by
Rengstorff B Marie
Bought by
Lawrence Steven Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,700
Interest Rate
6.84%

Purchase Details

Closed on
Oct 4, 2000
Sold by
Mcinerny Frances Lynn
Bought by
Rengstorff B Marie

Range of Values:

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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
Bovee Family Trust -- Title Guaranty & Escrow Servic
Hoogendam Nicholas Brice $375,000 Tg
Light Martina $225,000 Or
Lawrence Steven Richard $81,000 --
Rengstorff B Marie $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoogendam Nicholas Brice $318,750
Previous Owner Light Martina $180,000
Previous Owner Lawrence Steven Richard $56,700
Closed Lawrence Steven Richard $24,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2023 02/27/23 Sold $600,000 +0.8% $9 / Sq Ft
02/05/2023 02/05/23 Pending -- -- --
01/31/2023 01/31/23 For Sale $595,000 +58.7% $9 / Sq Ft
07/17/2019 07/17/19 Sold $375,000 -12.8% $6 / Sq Ft
05/31/2019 05/31/19 Pending -- -- --
04/22/2019 04/22/19 Price Changed $430,000 -2.1% $7 / Sq Ft
04/02/2019 04/02/19 Price Changed $439,000 -1.2% $7 / Sq Ft
02/22/2019 02/22/19 Price Changed $444,500 -1.0% $7 / Sq Ft
12/21/2018 12/21/18 For Sale $449,000 +99.6% $7 / Sq Ft
06/09/2016 06/09/16 Sold $225,000 -5.9% $4 / Sq Ft
04/30/2016 04/30/16 Pending -- -- --
02/16/2016 02/16/16 For Sale $239,000 -- $4 / 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 $6,911 $626,800 $61,700 $565,100
2024 $6,911 $552,900 $58,800 $494,100
2023 $5,733 $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 $3,067 $285,300 $52,900 $232,400
2018 $2,303 $248,200 $51,400 $196,800
2017 $2,356 $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

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 398022

Maui MLS (REALTORS® Association of Maui)

APN: 2-3-9-016-027-0041