$270,000
SOLD NOV 29, 2013

Kalama Terrace 35 Walaka St Unit P307 Kihei, HI 96753

1 Bed
1 Bath
535 Sq Ft
1.45 Acres

Recently Sold

$505 Per Sq Ft

3% Below List Price

21 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 April 2020

Are you looking for an income producing turn-key vacation rental with a 6 year track record has many returning customers year after year. Or perhaps you prefer Maui's incredible3 weather and this will be your escape from the cold winters...this is your ideal home away from home that you can share with family and friends. this top floor condominium takes advantage of the tropical setting of palm trees and blue skies from the lanai. You and your quests will relax in comfort in this tastefully decorated beach-theme condo with nice furnishings and decorative touches. Just walking distance from: 2 blocks to Charley Young BeACH (THE NORTH END OF kAMAOLE bEACH pARK I), 2 blocks to surf at Cove Park, 3 blocks to Volleyball at Kalama Park or ono grinds at the local restaurants and shopping. The property has a new roof and upgraded pool the monthly maintenance fee is very reasonable and includes all utilities and propane. Kalama Terrace is pet friendly at the time of this listing. Contact your REALTOR® for a private showing.

Last Agent to Sell the Property

Jeff Graves

Maui Earth Realty LLC License #RS-72732 Listed on: 10/01/2013

Last Buyer's Agent

Kevin Spaise

Keller Williams Realty Maui-Ki License #RS-65562

Keller Williams Realty Maui-Ki

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $911

Year Built

  • Built in 1972

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
  • 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 2390160270057

Community Details

Overview

  • Low-Rise Condominium
  • Kalama Terrace Community

Pet Policy

  • Pets Allowed

Additional Features

  • Laundry Facilities
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$911

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: 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 #: 2390160270057
  • Zoning Description: Apartment District
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes
  • Lease Term: Short Term Lease

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 911.4

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%
Total Days on Market
21
Current Estimated Value
$622,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,293
Avg. Annual Appreciation
10.92%
Original Mortgage
$259,000
Outstanding Balance
$230,930
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$400,598

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- Tg
Deed $270,000 Or
Deed $158,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $259,000 New Conventional
Previous Owner $216,000 New Conventional
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

    23 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

    79 in this area

    208 Total Sales

    Todd Hudson
    Section Image
  • Jeff Graves

    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: 357821

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 and is currently priced at $270,000, approximately $504 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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