Princeville Kauai condo (and house) + short sale update for the week of Jul 10th to Jul 16th

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

Aloha,

From Paris! Weather here is much like I'm used to in Kauai - raining one minute, clear the next. Hardly any green here except for trees. Lots of old buildings though and enough history to last a lifetime. Once again, this was an unusual week in that there we no new condo listings at all - and no sales. However, several units went into escrow. Here is your update:

Copyright 7/17/2011 by Hawaii Information Service

BACK ON THE MARKET
246173 CND A 33 4-5-4-15-21-47 FS $225,150 Sandpiper Village I #210 1,173 #210 2/2.01
241849 CND A 149 4-5-4-5-39-178 FS $599,000 Cliffs At Princeville #8204 1,864 #8204 4/3.01

CONTINGENT SALES
240715 CND C 34 4-5-4-5-24-50 FS $385,000 Nihilani At Princeville Resort #17B 1,567 #17B 2/2.01
238771 CND C 306 4-5-4-5-23-12 FS $449,500 Plantation At Princeville #322 1,318 #322 3/3.00
241464 CND C 202 4-5-4-12-9-20 FS $525,000 Pali Ke Kua Iii #143 1,100 #143 2/2.00

EXPIRED
236790 CND X 183 4-5-4-5-18-33 FS $319,000 Puamana #9B 1,532 #9B 2/2.00

PRICE CHANGES
235813 CND A 396 4-5-3-6-22-30 FS $1,395,000- Kaiulani Of Princeville #30 2,864 #30 3/3.01
244096 CND A 109 4-5-4-5-18-91 FS $194,500- Puamana #25B 1,298 #25B 2/2.00
246173 CND A 33 4-5-4-15-21-47 FS $225,150- Sandpiper Village I #210 1,173 #210 2/2.01
233890 CND A 886 4-5-4-5-23-66 FS $425,000- Plantation At Princeville #1712 1,153 #1712 2/2.00
238695 CND A 306 4-5-4-12-10-21 FS $429,000- Emmalani Court #324 1,192 #324 2/2.00
241849 CND A 149 4-5-4-5-39-178 FS $599,000- Cliffs At Princeville #8204 1,864 #8204 4/3.01
244989 CND A 77 4-5-4-5-7-38 FS $897,000- Princeville Sealodge #D9 570 #D9 1/1.00

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. Copyright ©7/17/2011

Back on the Market:
Bank REO Sandpiper 210 fell out of escrow after going in on 6/30, and comes back on at a new lower price of $225,150 down from $237K. This unit sold for $535K in 6/05. Bank REO Cliffs 8204 is back active on the market after expiring while listed at $647K. It comes back at a new low price of $599K. You'll see both units under the price change portion of this update.

Contingent:
Short sale Nihilani 17B quickly found a buyer while priced at $385K. This unit sold from the developer in 7/06 for $637,113. Plantation 322 priced at $449,500 is in escrow. The last purchase price for this short sale was $700K in 7/07 and this is not a short sale. Pali Ke Kua 143 last sold for $477K in 9/02 and went into escrow this week while priced at $525K.

Expired:
Puamana 9B expired while listed for $319K after 183 days on the market. This possible short sale sold for $386K in 9/04.

Price Changes:
Ka'iulani 30 went from $2.3M to $1.950M and last sold from the developer in 8/07 for $2.3M. Bank owned Puamana 25B sold for $380K in 9/04, was foreclosed on in 12/10 and reduced this week from 239,900 to $194,500. As noted above, Sandpiper 210 went from $237K to $225,150. Plantation 1712 reduced to $339K from $359K and last sold for $515K in 2/08. Emmalani Court 324 is not a short sale, and it reduced from $449K to $429K after selling for $696K in 8/05. As mentioned before, Cliffs 8204 is now at $599K. Sealodge D9 was purchased for $595,500 in 9/04 and reduced from $997K to $897K. Now on to your Princeville home update:

Copyright 7/17/2011 by Hawaii Information Service

NEW LISTINGS
246909 RES A 6 4-5-4-13-6 FS $965,000 3695 Kaweonui Rd 11,121 sqft 2,428 4/2.00

BACK ON THE MARKET
246205 RES A 25 4-5-4-16-35 FS $549,500 5034 Emmalani Dr 10,332 sqft 1,498 3/2.00
245501 RES A 55 4-5-4-10-22 FS $1,250,000 4078 Liholiho Rd 10,200 sqft 2,515 3/3.02

CONTINGENT SALES
238655 RES C 11 4-5-4-16-40 FS $597,000 4130 Kekaulike Ln 10,500 sqft 1,625 3/2.00
241768 RES C 193 4-5-4-16-26 FS $880,000 4979 Emmalani Dr 10,895 sqft 2,381 3/2.01

PRICE CHANGES
244798 RES A 87 4-5-4-9-40 FS $475,000- 4204 Kekuanao'a Ln 11,714 sqft 2,176 3/2.01
245677 RES A 44 4-5-4-24-5 FS $698,000- 4200 Waileia Pl 9,639 sqft 1,928 3/2.01
This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. Copyright ©7/17/2011

As you can see, it was a pretty lean week for houses too, with only one new listing. Let me know if you have any questions or need the facts before you buy or sell. That's why I'm here - which in this case - here is Paris!

Aloha Elaine


Yes, we went all the way to the top!

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.........

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Elaine Schaefer

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