NOT LISTED FOR SALE

Kalama Terrace 35 Walaka St Unit P307 Kihei, HI 96753

Estimated Value: $514,000 - $774,000

1 Bed
1 Bath
63,162 Sq Ft
1.45 Acres

Last Sold April 01, 2020

Last sale price $370,000 $6 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,648/month

5 Days on Market

Highlights

  • Ocean View
  • 1.45 Acre Lot
  • Ceiling Fan
  • In Ground Pool
  • Furnished

About This Home

As of April 2020

Thriving vacation rental (88% occupancy!) on the top floor of the preferred, quiet back building of Kalama Terrace, a short stroll to the soft golden sand of Charlie Young Beach. Some ocean view from lanai. Beautifully furnished and completely turnkey, with 120+ VRBO reviews attesting to its charm and loving owner upkeep. Partially remodeled in 2015. Top floor location in a well-kept property with a new roof and sparkling new pool area. Maintenance fees include electric and propane. One of the only complexes with gas stove. Lots of photos and info, VRBO 506745.

Last Agent to Sell the Property

Kevin Spaise

Keller Williams Realty Maui-Ki License #RS-65562 Listed on: 01/27/2020

Keller Williams Realty Maui-Ki

Last Buyer's Agent

Todd Hudson

Keller Williams Realty Maui-Ki License #RB-21913

Keller Williams Realty Maui-Ki

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,831

Year Built

  • Built in 1972

Lot Details

  • 1.45

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • Furnished
  • Ceiling Fan
  • Blinds

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Home Security

Additional Features

  • In Ground Pool
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2390160270000

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Kalama Terrace Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,831

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Condominium
  • District: Kihei
  • Type: Condo
  • View: Ocean
  • Unit: P-307
  • Year Built: 1972
  • Year Renovated: 2015
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Bathrooms: 1
  • Bedrooms: 1
  • Included: Blinds, Ceiling Fan(s), Dishwasher, Disposal, Furnished, Inventory, Kitchen Ware, Linens, Microwave, Range, Refrigerator, Smoke/Heat Detector, Tv Cable
  • Living Area Sq Ft: 535
  • Price Per Sq Ft: 691.59
  • Floor Level: 3

Exterior Features

  • Pool: Yes
  • Pool Type: In-Ground

Utilities

  • Room AC Number: 1

Condo/Co-op/Association

  • Other Monthly Fees: Maintenance Fees
  • Complex Name: Kalama Terrace
  • Monthly Maintenance Fee: 755

Schools

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

Lot Info

  • Land Acres: 1.45
  • Land Sq Ft: 63162

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 2390160270000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2020
Closed on
Mar 16, 2020
Sold by
Decosmo Lynne Marie
Bought by
Wooodard Michael P
Seller's Agent
Kevin Spaise
Keller Williams Realty Maui-Ki
Buyer's Agent
Todd Hudson
Keller Williams Realty Maui-Ki
List Price
$399,000
Sold Price
$370,000
Premium/Discount to List
-$29,000
-7.27%
Current Estimated Value
$582,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,990
Avg. Annual Appreciation
9.27%
Original Mortgage
$259,000
Outstanding Balance
$229,940
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$371,502

Purchase Details

Listed on
Oct 1, 2013
Closed on
Nov 20, 2013
Sold by
Lunan Ronald A and Hutton Courtney Marie
Bought by
Decosmo Lynne Marie
Seller's Agent
Jeff Graves
Maui Earth Realty LLC
Buyer's Agent
Kevin Spaise
Keller Williams Realty Maui-Ki
List Price
$278,950
Sold Price
$270,000
Premium/Discount to List
-$8,950
-3.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.10%
Original Mortgage
$216,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2003
Sold by
Soderstrom Robert B and Soderstrom Margie J
Bought by
Ambrosia Julie A
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
Wooodard Michael P -- Tg
Decosmo Lynne Marie $270,000 Or
Ambrosia Julie A $158,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wooodard Michael P $259,000
Previous Owner Decosmo Lynne Marie $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2020 04/01/20 Sold $370,000 -7.3% $6 / Sq Ft
02/01/2020 02/01/20 Pending -- -- --
01/27/2020 01/27/20 For Sale $399,000 +47.8% $6 / Sq Ft
11/29/2013 11/29/13 Sold $270,000 -3.2% $505 / Sq Ft
10/23/2013 10/23/13 Pending -- -- --
10/01/2013 10/01/13 For Sale $278,950 -- $521 / 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

  • Kevin Spaise

    Seller's Agent in 2020

    Kevin Spaise

    Keller Williams Realty Maui-Ki

    (808) 344-0624

    44 in this area

    54 Total Sales

    Kevin Spaise
    Section Image
  • Todd Hudson

    Buyer's Agent in 2020

    Todd Hudson

    Keller Williams Realty Maui-Ki

    (808) 344-3584

    104 in this area

    194 Total Sales

    Todd Hudson
    Section Image

  • J

    Seller's Agent in 2013

    Jeff Graves

    Maui Earth Realty LLC

    Section Image
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About Kalama Terrace

Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 385857

Maui MLS (REALTORS® Association of Maui)

APN: 2-3-9-016-027-0057

Hawaii Maui County Kihei 96753

35 Walaka St Unit P307, Kihei, HI

This home is located at 35 Walaka St Unit P307, Kihei, HI 96753 since 27 January 2020 and is currently estimated at $582,990, approximately $9 per square foot. This property was built in 1972. 35 Walaka St Unit P307 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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