NOT LISTED FOR SALE

Kalama Terrace 35 Walaka St Unit L107 Kihei, HI 96753

Estimated Value: $514,000 - $725,000

1 Bed
1 Bath
63,162 Sq Ft
1.45 Acres

Last Sold July 19, 2023

Last sale price $629,000 $10 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,727/month

11 Days on Market

Highlights

  • In Ground Pool
  • Garden View
  • Outdoor Grill
  • 1.45 Acre Lot
  • Furnished
  • Ceiling Fan

About This Home

As of July 2023

Here's an excellent opportunity to own a popular vacation rental in the heart of Kihei! Kalama Terrace is close to The Cove which is an ideal place to pick up surfing and it's also near Kalama Park where there's an abundance of dining options. To the south is the very popular Charlie Young Beach. Everything is nearby! Kalama Terrace has a wonderful pool with a perfect barbecue area to enjoy the fabulous Hawaiian evenings. This is also a pet friendly complex! If you are an investor looking for multiple units, the unit next door is also for sale with equally impressive rental history. Call your favorite Realtor for a showing! The maintenance fee includes electricity and gas.

Last Agent to Sell the Property

Marcus Nygren

Coldwell Banker Island Prop(S) License #RB-22934 Listed on: 06/05/2023

Coldwell Banker Island Prop(S)

Last Buyer's Agent

Lauryn Gregorio

Real Broker LLC License #RS-84274

Real Broker LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,736

Lot Details

  • 1.45

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Stucco Exterior
  • Masonry

Interior Spaces

  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Family Room
  • Dining Area
  • Vinyl Flooring
  • Garden Views

Kitchen

  • Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Outdoor Features

  • In Ground Pool
  • Outdoor Grill

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Short Term Rentals Allowed

Community Details

Overview

  • High-Rise Condominium
  • Kalama Terrace Community

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,736

Lot Details

0

Listing Details

  • Class: Condominium
  • District: Kihei
  • Other Features: Bar-B-Que, Community Laundry
  • Type: Condo
  • View: Garden View
  • Unit: L-107
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Geo Subdivision: HI
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Vinyl
  • Additional Rooms: Dining Area, Family Room
  • Bathrooms: 1
  • Bedrooms: 1
  • Included: Ceiling Fan(s), Disposal, Drapes, Furnished, Inventory, Kitchen Ware, Linens, Microwave, Range
  • Living Area Sq Ft: 535
  • Price Per Sq Ft: 1175.7
  • Floor Level: 1

Exterior Features

  • Construction Data: Masonry
  • Design And Structure: High-Rise 4+ Stories
  • Exterior Finish: Stucco
  • Pool: Yes
  • Substructure: Concrete Slab
  • Pool Type: In-Ground

Utilities

  • Room AC Number: 1
  • Sewer: Sewer County
  • Utilities To Site: County Water, Telephone, Tv Cable, Underground Electricity

Condo/Co-op/Association

  • Complex Name: Kalama Terrace
  • Monthly Maintenance Fee: 855.22

Lot Info

  • County Zoning: A-2 Apartment District
  • General Land Class: Apartment
  • Land Acres: 1.45
  • Land Sq Ft: 63162
  • State Zoning: Urban
  • Geo Address Line: 35 Walaka St
  • Geo Primary City: Kihei
  • Geo Quality: 0.95
  • Geo Zoom Level: 16

Rental Info

  • Pets Allowed: Yes
  • Short Term Rental Allowed: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2023
Closed on
Jul 7, 2023
Sold by
Lara Larry J and Lara Candice L
Bought by
Mulligans On The Blue Llc
Seller's Agent
Marcus Nygren
Coldwell Banker Island Prop(S)
Buyer's Agent
Lauryn Gregorio
Real Broker LLC
List Price
$629,000
Sold Price
$629,000
Current Estimated Value
$598,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,074
Avg. Annual Appreciation
-2.16%
Original Mortgage
$329,000
Outstanding Balance
$322,610
Interest Rate
7.88%
Mortgage Type
New Conventional
Estimated Equity
$276,316

Purchase Details

Closed on
Jun 30, 2005
Sold by
Jacquot Candice L
Bought by
Lara Larry J and Jacquot Candice L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,500
Interest Rate
5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 25, 1999
Sold by
First Hawaiian Bank
Bought by
Jacquot Candice L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
6.86%

Purchase Details

Closed on
May 11, 1998
Sold by
Priest Richard A
Bought by
First Hawaiian Bank
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
Mulligans On The Blue Llc -- Hookele Title
Lara Larry J -- Fntic
Jacquot Candice L $60,000 --
First Hawaiian Bank $59,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mulligans On The Blue Llc $329,000
Previous Owner Lara Larry J $171,500
Previous Owner Jacquot Candice L $48,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2023 07/19/23 Sold $629,000 0.0% $10 / Sq Ft
06/16/2023 06/16/23 Pending -- -- --
06/05/2023 06/05/23 For Sale $629,000 -- $10 / 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 $6,736 $624,800 $64,000 $560,800
2024 $6,736 $538,900 $60,900 $478,000
2023 $5,777 $487,500 $60,900 $426,600
2022 $4,246 $358,300 $49,500 $308,800
2021 $3,719 $334,700 $49,500 $285,200
2020 $3,578 $322,900 $54,800 $268,100
2019 $3,412 $317,400 $54,800 $262,600
2018 $2,421 $260,900 $53,300 $207,600
2017 $2,528 $0 $0 $0
2016 $2,305 $264,600 $41,900 $222,700
2015 $1,259 $236,800 $41,900 $194,900
Source: Public Records

Agents Affiliated with this Home

  • Marcus Nygren

    Seller's Agent in 2023

    Marcus Nygren

    Coldwell Banker Island Prop(S)

    (808) 463-5744

    25 in this area

    28 Total Sales

    Marcus Nygren
    Section Image
  • Lauryn Gregorio

    Buyer's Agent in 2023

    Lauryn Gregorio

    Real Broker LLC

    (808) 446-4658

    4 in this area

    13 Total Sales

    Lauryn Gregorio
    Section Image
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About Kalama Terrace

Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 399047

Maui MLS (REALTORS® Association of Maui)

APN: 2-3-9-016-027-0007

Hawaii Maui County Kihei 96753

35 Walaka St Unit L107, Kihei, HI

This home is located at 35 Walaka St Unit L107, Kihei, HI 96753 since 05 June 2023 and is currently estimated at $598,926, approximately $9 per square foot. 35 Walaka St Unit L107 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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