Kalama Terrace 35 Walaka St Unit P310 Kihei, HI 96753
Estimated Value: $709,000 - $856,000
2
Beds
1
Bath
685
Sq Ft
1.45
Acres
Highlights
- In Ground Pool
- Mountain View
- No Heating
- 1.45 Acre Lot
- Vinyl Flooring
About This Home
As of August 2021Popular Vacation Rental near Kihei's best beaches! This highly sought after 2 bedroom, 1 bath corner unit at Kalama Terrace is close to Charley Young, Kamaole One, and The Cove beach parks. Located on the top floor, you'll enjoy ocean, Lanai and West Maui Mountain views. This updated vacation rental is fully furnished and has a strong occupancy and rental history. One of only 10 two-bedroom units in the property, this condo reflects renovations and meticulous maintenance by the owners. Granite kitchen countertops, new appliances and beautiful wood-looking flooring. Cook with a gas stove! Bathroom remodel included new cabinets, sink and tile floors. The pool and bbq areas were recently updated and the property is well maintained. One assigned parking stall. Maintenance fees include electric, propane, and exterior insurance and maintenance on the common area. Great reviews and rental history on VRBO/482449. Only two blocks to the South Maui's best beaches and all the amenities.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,895
Year Built
- Built in 1972
Lot Details
- 1.45
Interior Spaces
- 685 Sq Ft Home
- Vinyl Flooring
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Schools
- Kamalii Elementary School
- Lokelani Intermediate
- Maui High School
Additional Features
- In Ground Pool
- No Heating
Listing and Financial Details
- Assessor Parcel Number 2390160270060
- $48 per year additional tax assessments
Community Details
Overview
- Low-Rise Condominium
- Kalama Terrace Community
- Kalama Terrace Subdivision
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 31, 2021
Closed on
Aug 11, 2021
Sold by
Haase Charles Earl and Haase Linda See
Bought by
Murli Parameshwaran
Seller's Agent
Jeanne Dunn
Corcoran Pacific Properties
Buyer's Agent
Paul Dunn
eXp Realty
List Price
$535,000
Sold Price
$530,000
Premium/Discount to List
-$5,000
-0.93%
Total Days on Market
16
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
$251,310
Avg. Annual Appreciation
10.78%
Original Mortgage
$371,000
Outstanding Balance
$340,252
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$441,058
Purchase Details
Closed on
Feb 3, 2005
Sold by
Baiot Rose L
Bought by
Adams Gary and Adams Carol
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.5%
Mortgage Type
Unknown
Purchase Details
Closed on
Jun 14, 2004
Sold by
Tack Steven N
Bought by
Baiot Rose L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
5.75%
Mortgage Type
Unknown
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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
Similar Homes in Kihei, HI
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Murli Parameshwaran | $530,000 | Fntic | |
| Adams Gary | $305,000 | -- | |
| Baiot Rose L | $195,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Murli Parameshwaran | $371,000 | |
| Previous Owner | Adams Gary | $277,500 | |
| Previous Owner | Adams Gary | $270,000 | |
| Previous Owner | Baiot Rose L | $156,000 | |
| Closed | Baiot Rose L | $19,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/16/2021 08/16/21 | Sold | $530,000 | -0.9% | $774 / Sq Ft |
| 06/15/2021 06/15/21 | Pending | -- | -- | -- |
| 05/30/2021 05/30/21 | For Sale | $535,000 | +142.1% | $781 / Sq Ft |
| 11/16/2012 11/16/12 | Sold | $221,000 | -25.1% | $323 / Sq Ft |
| 08/10/2012 08/10/12 | Pending | -- | -- | -- |
| 04/19/2012 04/19/12 | For Sale | $295,000 | -- | $431 / 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 | $8,895 | $721,200 | $78,400 | $642,800 |
| 2024 | $8,895 | $711,600 | $74,700 | $636,900 |
| 2023 | $7,323 | $618,000 | $74,700 | $543,300 |
| 2022 | $5,650 | $476,800 | $60,700 | $416,100 |
| 2021 | $4,445 | $400,100 | $60,700 | $339,400 |
| 2020 | $4,608 | $415,900 | $67,200 | $348,700 |
| 2019 | $4,160 | $387,000 | $67,200 | $319,800 |
| 2018 | $2,881 | $310,500 | $65,300 | $245,200 |
| 2017 | $2,021 | $0 | $0 | $0 |
| 2016 | $177 | $294,400 | $51,300 | $243,100 |
| 2015 | $1,454 | $295,500 | $51,300 | $244,200 |
Source: Public Records
Agents Affiliated with this Home
-
Jeanne Dunn
Seller's Agent in 2021
Jeanne Dunn
Corcoran Pacific Properties
(808) 283-0571
11 in this area
35 Total Sales
-
P
Buyer's Agent in 2021
Paul Dunn
eXp Realty
-
S
Seller's Agent in 2012
Scott Berry
Berry Realty Group
-
Kevin Spaise
Buyer's Agent in 2012
Kevin Spaise
Keller Williams Realty Maui-Ki
(808) 344-0624
23 in this area
54 Total Sales
About Kalama Terrace
Map
Source: Maui MLS (REALTORS® Association of Maui)
MLS Number: 391711
APN: 2-3-9-016-027-0060
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