Special offer

Princeville Kauai condo (and house) + short sale update for the week of Aug 7th to Aug 13th

By
Real Estate Broker/Owner with Sold on Kauai Realty RB-18142

Aloha,

It was a pretty quiet week overall, with no new listings in condos or homes and a total of two new escrows. Maybe all the discussion in Congress about the National deficit put buyers back on the fence for a bit. Here is your update for this past week:

CONTINGENT SALES
244433 CND C 125 4-5-4-5-24-71 FS $330,000 Nihilani At Princeville Resort #24B 1,406 #24B 2/2.00
225762 CND C 760 4-5-4-5-39-169 FS $399,000 Cliffs At Princeville #7305 1,137 #7305 2/2.00

SALES
245674 CND S 27 4-5-4-5-24-69 FS $479,900 Nihilani At Princeville Resort #23C 1,972 #23C 3/3.00
SOLD 8/9/2011 for $469,900 (CNV) DOM 27

PRICE CHANGES
232647 CND A 520 4-5-3-6-22-64 FS $655,000- Kaiulani Of Princeville #64 1,892 #64 2/2.01
246535 CND A 46 4-5-3-6-22-63 FS $799,000- Kaiulani Of Princeville #63 1,901 #63 2/2.01
246638 CND A 24 4-5-4-15-21-40 FS $198,900- Sandpiper Village I #203 1,173 #203 2/2.01
245356 CND A 87 4-5-4-5-13-14 FS $449,050- Kamahana #14 1,635 #14 3/2.00
This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. Copyright ©8/14/2011

Contingent:
Since there are no new listings – first up is short sale Nihilani 24B which is back in escrow while priced at $330K. It came back on the market in 7/28 and quickly found a new buyer. Maybe the third time is a charm. This unit sold from the developer in 12/06 for $577K. Cliffs 7305 found a buyer while listed for $399K after 758 days on the market. This ocean view unit sold for $242K in 8/00.

Sales:
FNMA owned Nihilani 23C closed for $469,900 while listed for $479,900. This Mahina floor plan sold for $890,579 in 11/06 from the developer.

Price Changes:
Short sale Ka’iulani 64 reduced to $655K from $735K and last sold for $861,070 from the developer in 3/08. Another Ka’iulani, number 63, also reduced from $839K to $799K. It was purchased for $810K in 9/09. Short sale Sandpiper 209 went from $209K to $198,900 – having last soldand was purchased for $370,500 in 7/04. Kamahana 14 made a miniscule price change just to show up on the daily update – it went from $449,500 to $449,050 and last sold for $410K in 11/03.

Wow, that was short and sweet. Not too much to report in the way of condos or houses. Here is your Princeville home update – See for yourself:

BACK ON THE MARKET
246205 RES A 53 4-5-4-16-35 FS $549,500 5034 Emmalani Dr 10,332 sqft 1,498 3/2.00

CONTINGENT SALES
247100 RES C 27 4-5-4-17-42 FS $469,000 4824 Victoria Loop 11,429 sqft 1,281 3/2.00

PRICE CHANGES
245046 RES A 104 4-5-4-15-14 FS $639,000- 3840 Haulani Pl 10,733 sqft 2,638 #0 2/3.00
242579 RES A 185 4-5-4-10-17 FS $827,000- 5275 Honoiki Rd. 10,264 sqft 2,146 3/2.01
244861 RES A 104 4-5-4-22-16 FS $1,150,000- 4036 Kaikioewa Pl 12,434 sqft 3,474 4/4.00
209903 RES A 1219 4-5-4-8-42 FS $1,795,000- 5073 Kapiolani Lp 23,160 sqft 3,693 3/3.01
This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. Copyright ©8/14/2011

So far this month we have 18 sales – we will need over 64 to exceed last August’s numbers. If you have any questions before buying or selling, don’t hesitate to email me. That’s why I’m here.

Until next week,

Aloha Elaine

Elaine Schaefer (R, CRS, GRI, ABR, SFR)
Broker in Charge – Princeville Resort Office
Certified Residential Specialist
Graduate, Realtor’s Institute
Accredited Buyer’s Representative
Short Sale and Foreclosure Resource Certification
Top Producer 100% Club

RE/MAX Kauai
Princeville Resort Office
POB 223632
Princeville, HI 96722
cell: 808 639 2935
home fax: 1 808 440 4552
email:soldonkauai@yahoo.com
website: www.KauaiRealEstateNow.com
blog: http://blogs.alohaliving.com/princeville-condo-sales/

……Making your real estate dreams
my business………

Irina Netchaev
Pasadena Views Real Estate Team, Inc. - Pasadena, CA
Pasadena CA Real Estate

Great prices for the beauty of Kauai!

Aug 14, 2011 07:36 AM
Elaine Schaefer
Sold on Kauai Realty - Princeville, HI
R, CRS, GRI, ABR, SFR

I have to agree with you on that one Irina.  Thanks for the comment.

Aug 14, 2011 08:05 AM