Kalama Terrace 35 Walaka St Unit P202 Kihei, HI 96753
1
Bed
1
Bath
63,162
Sq Ft
1.45
Acres
Highlights
- In Ground Pool
- 1.45 Acre Lot
- Storage
- Property is near an ocean
- Mountain View
- Outdoor Grill
About This Home
As of February 2023Unit P-202 is a thriving Maui business with a uniquely modern design! Kalama Terrace P-202 grossed approximately $52,000 for 2018 (not including taxes). Featured on HGTV! Compare unit comps only to other HIGHLY VALUABLE complexes with a short term vacation rentable permit in place. Ceiling to floor remodel completed in 2016! New kitchen welcomes a creative chef with a classy white Italian themed tile wall, open shelving, new cabinetry, and all new appliances were installed. Custom acid stained concrete flooring adds to the dramatic feel of your private oasis. Freshly painted and furnished to set the vacation mood of enjoyment and leisure, this unit is unique! This golden investment opportunity awaits you, make the call to action. Two years documented profitability available upon request. P-202 comes turnkey, furnished, and has private AC. Current Property Management would love to stay aboard; per owner a high standard of excellence is provided for fair exchange. Amenities include a refreshing pool, BBQ and private parking stall. HOA includes electric, gas, trash, common area maintenance. Walk across the street and enjoy sun, surf, swim, paddle, snorkel, and breathtaking sunsets with sandy toes right from the Cove! Life is good... View the Matterport 3D Tour! Call your favorite HI agent and see you soon!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,911
Year Built
- Built in 1972
Parking
- 1 Carport Space
Home Design
- Entry on the 2nd floor
Interior Spaces
- Storage
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Bathroom
Outdoor Features
- In Ground Pool
- Property is near an ocean
- Outdoor Grill
Utilities
- Phone Available
Community Details
- Kalama Terrace Community
- Laundry Facilities
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%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,454
Avg. Annual Appreciation
-2.05%
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
Similar Homes in Kihei, HI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Title Guaranty & Escrow Servic | |
| Deed | $375,000 | Tg | |
| Warranty Deed | $225,000 | Or | |
| Deed | $81,000 | -- | |
| Deed | $75,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $318,750 | New Conventional | |
| Previous Owner | $180,000 | New Conventional | |
| Previous Owner | $56,700 | No Value Available | |
| Closed | $24,300 | No Value Available |
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
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
-
Daniel Gonzalez
Seller's Agent in 2023
Daniel Gonzalez
Island Sotheby's International Realty(L)
(808) 757-5996
3 in this area
69 Total Sales
-
Jack Roden
Seller Co-Listing Agent in 2023
Jack Roden
Island Sotheby's International Realty(L)
(808) 205-5201
4 in this area
53 Total Sales
-
K
Buyer's Agent in 2023
Kauai MLS
Kauai Board of Realtors
-
Amber Lee
Seller's Agent in 2019
Amber Lee
Hawaii Life (W)
(808) 989-4468
8 in this area
24 Total Sales
-
Heidi Dollinger
Buyer Co-Listing Agent in 2019
Heidi Dollinger
Island Sotheby's International Realty(L)
(808) 359-4245
3 in this area
109 Total Sales
-
Jordan Smith
Seller's Agent in 2016
Jordan Smith
Island Sotheby's Int'l Rlty(W)
(808) 281-8850
23 in this area
47 Total Sales
About Kalama Terrace
Map
Source: Maui MLS (REALTORS® Association of Maui)
MLS Number: 381094
APN: 2-3-9-016-027-0041
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