NOT LISTED FOR SALE

Kalama Terrace 35 Walaka St Unit P204 Kihei, HI 96753

Estimated Value: $572,000 - $690,000

1 Bed
1 Bath
63,162 Sq Ft
1.45 Acres

Last Sold December 08, 2020

Last sale price $365,000 $6 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $4,052/month

4 Days on Market

Highlights

  • In Ground Pool
  • 1.45 Acre Lot
  • Furnished
  • Property is near an ocean
  • Garden View
  • Tile Flooring

About This Home

As of December 2020

Introducing one of the strongest values in the Kihei real estate market today: Kalama Terrace P-204. At the time of listing, lowest priced 1 bedroom vacation rentable condo in South Kihei. This stylishly-remodeled condominium is offered fully furnished, as a turn-key opportunity to operate as a vacation rental in one of Kihei's most desirable areas. Ergonomically designed, the floor plan is open and inviting, seamlessly integrating indoor/outdoor living with its spacious lanai. The monthly maintenance fees cover water, trash, sewer, maintenance of common elements, capital reserves, propane gas AND electric, ensuring a comparatively low on-going cost of ownership. This pet-friendly property is within walking distance to some of the top beaches on Maui, along with some of the best shopping and dining on the island. Priced to sell, contact your favorite Realtor today for a private showing and view our 3-D virtual tour.

Last Listed By

Ryan MacLaughlin

Island Sotheby's Int'l Rlty(W) License #RB-21325 Listed on: 09/28/2020

Island Sotheby's Int'l Rlty(W)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,784

Year Built

  • Built in 1972

Lot Details

  • 1.45

Home Design

  • Slab Foundation
  • Wood Shingle Roof
  • Wood Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • Furnished
  • Ceiling Fan
  • Tile Flooring
  • Garden Views

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Outdoor Features

  • In Ground Pool
  • Property is near an ocean

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Short Term Rentals Allowed
  • Assessor Parcel Number 2390160270043

Community Details

Overview

  • Low-Rise Condominium
  • Kalama Terrace Community

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,784

Year Built

Built in 1972

Lot Details

0

Listing Details

  • District: Kihei
  • Other Features: Community Laundry
  • Type: Condo
  • View: Garden View
  • Unit: P204
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Year Built: 1972
  • Year Renovated: 2011
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Tile
  • Bathrooms: 1
  • Bedrooms: 1
  • Included: Ceiling Fan(s), Dishwasher, Furnished, Range, Refrigerator, Tv Cable
  • Living Area Sq Ft: 535
  • Price Per Sq Ft: 682.24
  • Floor Level: 2

Exterior Features

  • Construction Data: Concrete
  • Design And Structure: Low-Rise 1-3 Stories
  • Exterior Finish: Stucco, Wood
  • Pool: Yes
  • Roofing: Wood Shingles
  • Substructure: Concrete Slab
  • Waterfront: Across Street From Ocean
  • Pool Type: In-Ground

Utilities

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

Condo/Co-op/Association

  • Complex Name: Kalama Terrace
  • Monthly Maintenance Fee: 767.74

Schools

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

Lot Info

  • Assessed Improvement Value: 283100
  • Assessed Land Value: 54800
  • County Zoning: A-2 Apartment District
  • Land Acres: 1.45
  • Land Recorded: Regular
  • Land Sq Ft: 63162
  • State Zoning: Urban

Rental Info

  • Short Term Rental Allowed: Yes

Tax Info

  • Tax Database Id: 1
  • Taxes Per Month: 261.25
  • Assessor Parcel Number: 2390160270043

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2020
Closed on
Nov 20, 2020
Sold by
Ruhrmann Christian and Ruhrmann Cynthia
Bought by
Bernal Robert and Bernal Ann
Seller's Agent
Ryan MacLaughlin
Island Sotheby's Int'l Rlty(W)
Buyer's Agent
Lauren Peacock
Coldwell Banker Island Prop(S)
List Price
$388,800
Sold Price
$365,000
Premium/Discount to List
-$23,800
-6.12%
Total Days on Market
4
Current Estimated Value
$623,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,059
Avg. Annual Appreciation
12.71%
Original Mortgage
$292,000
Outstanding Balance
$262,199
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$360,860

Purchase Details

Closed on
Dec 20, 2010
Sold by
Stenehjem Gerald A and Stenehjem Cynthia
Bought by
Ruhrmann Christian and Ruhrmann Cynthia

Purchase Details

Closed on
Dec 26, 2003
Sold by
Peer Stephanie Y Ahina
Bought by
Stenehjem Gerald A and Stenehjem Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,800
Interest Rate
8.05%
Mortgage Type
Unknown

Range of Values:

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Average Value
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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
Bernal Robert $365,000 Fnt
Ruhrmann Christian $141,400 Tg
Stenehjem Gerald A $162,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bernal Robert $292,000
Previous Owner Stenehjem Gerald A $224,800
Previous Owner Stenehjem Gerald A $149,000
Previous Owner Stenehjem Gerald A $145,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2020 12/08/20 Sold $365,000 -6.1% $6 / Sq Ft
10/02/2020 10/02/20 Pending -- -- --
09/28/2020 09/28/20 For Sale $388,800 -- $6 / 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 $6,784 $625,300 $64,000 $561,300
2024 $6,784 $542,700 $60,900 $481,800
2023 $5,822 $491,300 $60,900 $430,400
2022 $4,204 $354,800 $49,500 $305,300
2021 $3,825 $344,300 $49,500 $294,800
2020 $3,744 $337,900 $54,800 $283,100
2019 $3,136 $291,700 $54,800 $236,900
2018 $2,336 $251,700 $53,300 $198,400
2017 $2,379 $0 $0 $0
2016 $2,305 $264,600 $41,900 $222,700
2015 $769 $242,200 $41,900 $200,300
Source: Public Records

Agents Affiliated with this Home

  • Ryan MacLaughlin

    Seller's Agent in 2020

    Ryan MacLaughlin

    Island Sotheby's Int'l Rlty(W)

    (808) 392-6657

    17 in this area

    101 Total Sales

    Ryan MacLaughlin
    Section Image
  • Alex Cortez

    Seller Co-Listing Agent in 2020

    Alex Cortez

    Island Sotheby's International Realty(L)

    (808) 385-5034

    10 in this area

    68 Total Sales

    Alex Cortez
    Section Image
  • Lauren Peacock

    Buyer's Agent in 2020

    Lauren Peacock

    Coldwell Banker Island Prop(S)

    Section Image
  • Eddie Niemeyer

    Buyer Co-Listing Agent in 2020

    Eddie Niemeyer

    Coldwell Banker Island Prop(S)

    (808) 250-0776

    27 in this area

    37 Total Sales

    Eddie Niemeyer
    Section Image
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About Kalama Terrace

Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 388758

Maui MLS (REALTORS® Association of Maui)

APN: 2-3-9-016-027-0043

Hawaii Maui County Kihei 96753

35 Walaka St Unit P204, Kihei, HI

Homes for Sale in Kihei, HI

This home is located at 35 Walaka St Unit P204, Kihei, HI 96753 since 28 September 2020 and is currently estimated at $623,059, approximately $9 per square foot. This property was built in 1972. 35 Walaka St Unit P204 is a home located in Maui County with nearby schools including Kamali'i Elementary School, Lokelani Intermediate School, and Maui High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Information is deemed reliable but not guaranteed.
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