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Kauai Foreclosures, Kauai REO, January 1, 2015 List

By
Real Estate Broker/Owner with KAUAI DREAMS REALTY Kauai Real Property Specialist RB-14203

This is my monthly Kauai REO, Kauai Foreclosure Blog. It is a compilation all Kauai MLS listed bank owned properties. It is updated at least twice a month or weekly if the Kauai REO activity has increased. Any active Kauai MLS number can be plugged into my web site at www.kauaidreams.com for more information & photos.

Kauai REO Properties For Sale:

Poipu Condos for saleWaikomo villas for sale PoipuPoipu REO Properties

1. NEW.  Waikomo Stream Villas #530, Poipu. This is a 2 bedroom 2 bath top floor unit with open beam ceilings. It needs some remodeling. MLS#280055. $379,900. Owned by Bank of America.

2. NEW.  5105 Kawaihau Rd, Kapaa. This is a 2 bedroom 1 bath CPR house with a shared septic system. MLS#279984. $294,900. Owned by Freddie Mac.

3. NEW. Kalapaki Villas #106, Lihue. 2 bedroom 2 bath 2nd floor unit. MLS#279818. $215,500. Owned by Fannie Mae. This is a Homepath property.

4. 4793 Nonou Rd, Wailua Houselots. 4 bedrooms 2.5 bath home on a lot of 12,577 sq.ft. MLS#278658 $480,000. Owned by Freddie Mac.

5. Waipouli Road, Golden Pond, Kapaa. 2.04 acres of AG land. A hillside lot. MLS#277976. $262,000. Owned by Federal Land Bank Association of Hawaii. They will finance a qualified buyer.

6. Waipouli Rd, Kapaa. 5 bedroom 4 bath bamboo house  on 3.81 acres. MLS#279048 $742,000. Owned by Freddie Mac.

7. 7297 Alealea Rd, Haena. 3 bedroom 2 bath home on a half acre lot steps away from the beach. MLS#277703, Priced at $999,990. Owned by Bank of America.

8. 6403- D Waipouli Road  #2. Unit #2 is a 4 bedroom 2 bath Octagon dome style home that is off the grid. MLS#278675 $589,000. Owned by Bank of Hawaii.

9. Hauaala Road, Kapaa. Vacant CPR Lot of 18513 sq.ft.. MLS#278327. $197,000. Owned by Kauai Community Federal CU.

10. Kiahuna Plantation #430, Poipu.1 bedroom 1 bath Leasehold condo. MLS#279079 $49,000. Owned by Penny Ma.

Kauai REO Properties Sold in December 2014:

1. Kakela Makai Oceanview Subdivision Lot 2, Kalaheo: This is a vacant lot that has enough level to build but then the lot slopes. There is a distant ocean view. $209,900, MLS# 275457. Sold for $209,900 cash 12/11/2014.

2. 341 Lanakila Rd, Wailua Houselots, Kapaa. 2 houses for a total of 3 bedrooms 2.5 baths on a 13,580 sq.ft. lot MLS#276638, Priced at $474,000. Owned by  First Hawaiian Bank. Previously sold at $730,000.

3. 6978B Kokeanu Road, Wailua Homesteads, Kapaa.  2 bedroom 2 bath on a sloped 1.44 acres. $449,900. MLS#275342. This is a Fannie Mae Homepath Property.

4. 6403- D Waipouli Road #1,  & #3. There are 3 CPR units that can be purchased separately.. Unit #1 is 2 acres MLS# 2789673 for $310,000, sold for $275,000 cash on 12/23/14 and Unit 3 is 2.02 acres for $275,000, sold for $100,000 cash on 12/23/2014. Owned by Bank of Hawaii.

5. Kalaheo Pali Kai, Kalaheo. 3 bedroom 2 bath condo. MLS#277757. $259,900. Owned by Freddie mac. Sold for $259,000 on 12/19/2004 cash.

6.  Plantation Hale E-10, Wailua Coconut Coast. 1 bedroom 1 bath condo. MLS#278756 $159,000. Owned by First Hawaiian Bank. Sold for $125,000 cash on 12/26/2014.

Kauai Open HouseHappy New Year. These days I don’t make resolutions but rather goals. We are expecting a great year for our company and our clients. Let us know if owning a Kauai home or investment property is part of your 2015 plan. We looking forward to working with you in 2015. Look for our open house signs as we will be holding open houses more frequently. Here our new signs fit perfectly in my new 2015 Prius. Remember If you want to see any of these properties or have questions, give me a call 808 652-6174 or send me an email julie@hisemail.netAloha Julie.

A few quick Kauai MLS Statistics: Kauai's MLS reported 994 total sold properties with 42 of those being REO or bank owned. That is just a little over 4% of the market. Coincidentally Kauai MLS Statistics for 2013 are very similar. There were 998 reported MLS closings with 43 being REO properties. Again just a little over 4% of the market.

 This is my monthly Kauai REO, Kauai Foreclosure Blog. It is a compilation all Kauai MLS listed bank owned properties. It is updated at least twice a month or weekly if the Kauai REO activity has increased. Any active Kauai MLS number can be plugged into my web site at www.kauaidreams.com for more information & photos.

Posted by

CLMHS CRS GRI Realtor/Broker/Owner Kauai Dreams Realty 

Comments (1)

Roy Kelley
Retired - Gaithersburg, MD

Real estate investors love to search for the bargains in the inventory of lender owned foreclosures.

Best wishes for a very productive month.

Jan 06, 2015 08:21 PM