NOT LISTED FOR SALE

Kalama Terrace 35 Walaka St Unit P306 Kihei, HI 96753

Estimated Value: $546,000 - $581,000

1 Bed
1 Bath
535 Sq Ft
1.45 Acres

Last Sold December 13, 2013

Last sale price $244,000 $456 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $3,710/month

37 Days on Market

Highlights

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

About This Home

As of December 2013

this is it - your Maui retreat, your home away from home that you can share with friends and family. Imagine starting your mornings on your private lanai with your favorite coffee of walking 2 blocks to Charley Young Beach in the calm of the morning with the sun rising over Haleakala. This top floor condominium takes advantage of the tropical setting of palm trees and blue skies with a small ocean view from the lanai. You and your guests will relax in comfort in this tastefully decorated beach-theme condo with newer furniture and nice decorative touches. From a vacation rental perspective - this is a deal. The first quarter of 2014 is already well booked and that means you will be generating income from day 1 of ownership. The property has a new roof and upgraded pool. The monthly maintenance see is very reasonable and includes all utilities and propane. BTW, no smoking is allowed except in the parking lot and Kalama Terrace is pet friendly at the time of this listing. Contact your REALTOR® for a private showing.

Last Listed By

Jeff Graves

Maui Earth Realty LLC License #RS-72732 Listed on: 09/26/2013

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,339

Year Built

  • Built in 1972

Lot Details

  • 1.45

Parking

  • 1 Open Parking Space

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Masonry
  • Stucco

Interior Spaces

  • 535 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Tile Flooring
  • Garden Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Home Security

Outdoor Features

  • In Ground Pool
  • Property is near an ocean
  • Lanai
  • Outdoor Grill

Schools

  • Kamalii Elementary School
  • Lokelani Intermediate
  • Maui High School

Utilities

  • No Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2390160270056

Community Details

Overview

  • Low-Rise Condominium
  • Kalama Terrace Community

Additional Features

  • Laundry Facilities
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,339

Year Built

Built in 1972

Lot Details

0

Listing Details

  • View: Garden
  • Year Built: 1972
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • LaundryFeatures: Community Laundry
  • PoolFeatures: In Ground
  • SecurityFeatures: Smoke/Heat Detector
  • Carport Y N: No
  • Fireplace: No
  • Garage Yn: No
  • Interior Features: Ceiling Fan(s), Furnished, Inventory, Kitchen Ware, Linens, TV Cable
  • LivingArea: 535
  • Roof: Asphalt/Comp Shingle
  • Structure Type: Low-Rise 1-3 Stories
  • WindowFeatures: Blinds, Drapes
  • Tax Year: 2013
  • Master Plan Zoning: A-2
  • Financial Info Electric: Overhead Electricity
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Total Bedrooms: 1

Exterior Features

  • Acres: 1.45
  • View: Yes
  • Waterfront Features: Across Street from Ocean
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Stucco, Wood, Masonry
  • Exterior Features: Barbecue
  • Foundation Details: Concrete Slab
  • Patio And Porch Features: Covered Lanai/Deck

Garage/Parking

  • Open Parking Spaces: 1
  • Open Parking: Yes

Utilities

  • Sewer: Public Sewer
  • HeatingYN: No
  • Utilities: Phone Connected, Cable Connected
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 63162
  • ResoLotSizeUnits: Acres
  • Parcel #: 2390160270056
  • Zoning Description: Apartment District
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Short Term Lease

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1338.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2011
Sold by
Hooe Niewald Hester
Bought by
Hutton Brian M
Total Days on Market
37
Current Estimated Value
$561,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,150
Outstanding Balance
$96,388
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$464,763

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
Hutton Brian M $153,500 Fam
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hutton Brian M $138,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2013 12/13/13 Sold $244,000 -5.8% $456 / Sq Ft
11/03/2013 11/03/13 Pending -- -- --
09/26/2013 09/26/13 For Sale $259,000 -- $484 / 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 $6,831 $625,900 $64,000 $561,900
2024 $6,831 $546,500 $60,900 $485,600
2023 $5,867 $495,100 $60,900 $434,200
2022 $4,229 $356,900 $49,500 $307,400
2021 $3,931 $353,800 $49,500 $304,300
2020 $3,909 $352,800 $54,800 $298,000
2019 $3,392 $315,500 $54,800 $260,700
2018 $2,387 $257,200 $53,300 $203,900
2017 $2,584 $0 $0 $0
2016 $2,367 $271,800 $41,900 $229,900
2015 $769 $242,200 $41,900 $200,300
Source: Public Records

Agents Affiliated with this Home

  • Jeff Graves

    Seller's Agent in 2013

    Jeff Graves

    Maui Earth Realty LLC

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About Kalama Terrace

Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 357758

Maui MLS (REALTORS® Association of Maui)

APN: 2-3-9-016-027-0056

Hawaii Maui County Kihei 96753

35 Walaka St Unit P306, Kihei, HI

Homes for Sale in Kihei, HI

This home is located at 35 Walaka St Unit P306, Kihei, HI 96753 since 26 September 2013 and is currently estimated at $561,151, approximately $1,048 per square foot. This property was built in 1972. 35 Walaka St Unit P306 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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