Princeville Kauai condo (and house) + short sale update for the week of Aug 19th to Aug 25th

Aloha,

It was a relatively quiet week with a minimal of activity in both Princeville condos and residential. The good news is that there were two sales and one condo that went into escrow with only three new units coming to market.

NEW LISTINGS
256787 CND A 0 4-5-3-6-22-74 FS $749,000 Kaiulani #74 1,892 #74 2/2.01
246460 CND A 3 4-5-4-5-18-31 FS $295,000 Puamana #8D 1,298 #8D,​8 2/2.00
256825 CND A 5 4-5-4-5-7-12 FS $312,500 Sealodge #B4 564 #B4 1/1.00

BACK ON THE MARKET
252436 CND A 183 4-5-3-11-1-35 FS $692,900 Villas On The Prince #35 1,732 #35 3/3.00

CONTINGENT SALES
254707 CND C 26 4-5-4-5-23-66 FS $398,999 Plantation #1712 1,153 #1712 2/2.00

SALES
251037 CND S 85 4-5-4-12-10-11 FS $369,000 Emmalani Court #224 1,192 #224 2/2.00
SOLD 8/22/2012 for $355,000 (CASH) DOM 85

256053 CND S 2 4-5-4-5-7-50 FS $399,000 Sealodge #E12 566 #E12 1/1.00
SOLD 8/20/2012 for $399,000 (CASH) DOM 2

UNDER CONTRACT
256877 CND U 6 4-5-4-15-21-15 FS $239,900 Sandpiper #115 1,042 #115 2/2.00

PRICE CHANGES
253771 CND A 451 4-5-4-5-13-14 FS $335,000- 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.

New Listings:

Ka’iulani 74 is returning to the the market priced to sell at $$749K, after selling from the developer in 4/07 for $898,250. It was previously listed from 7/09 to 12/09 for $979K and again from 2/10 to 12/10, during which time it started out at $879K and reduced to $799,950 by the time it expired. One owner Puamana 8D, a two story end unit is priced at $295K. This is quite a bit less than when it was previously listed for $579K from 8/06 to 8/07. This unit originally sold as a lease hold in 8/87 for $80K and was converted to fee simple in 10/00 fir $35,700. Valley and partial ocean view Sealodge B4 is new on the market since the last sale in 5/90 for $110K. This unit is priced at $312,500.

Back on the Market:

Villas on the Prince 35, priced at $692,900 is back on the market after expiring earlier this week. It last sold for $562K in 5/03.

Contingent:

Plantation 1712, which sold for $515K in 2/08, found a buyer this week while listed for $398,999.

Sales:

Short sale Emmalani Court 224 sold for $355K cash while listed for $369K. This unit sold for $670K in 4/05. Top floor Sealodge E12 sold for the list price of $399K cash. It was purchased in 9/88 for $105K.

Under Contract:

It’s no surprise Sandpiper 115 went under contract within 6 days, since it was attractively priced at $239,900. This downstairs unit sold for $214,900 as an REO in 3/10.

Price Changes:

Short sale Kamahana 14 reduced from $375K to $335K. The purchase price of this unit was $410K in 11.03. That’s all the activity in condos for this week, but there is even less in Princeville residential as you’ll see below:

CONTINGENT SALES
254643 RES C 100 4-5-3-11-25 FS $935,000 4083 Aloalii Dr 7,937 sqft 2,192 3/2.01
239215 RES C 663 4-5-4-23-50 FS $649,000 3788 Moae Pl 6,974 sqft 1,699 3/2.00

PRICE CHANGES
254734 RES A 90 4-5-4-24-5 FS $719,000+ 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.

With summer now almost officially at an end, it looks like we’ll have to wait until next summer for a “hot summer selling season.” If you have any questions about any of these properties, please send am email. I’m here to give you the facts before buying or selling.

Aloha Elaine

I like interesting buildings – and this one is built to look crooked from day one.

The first view was at street level – this is from a much higher vantage point in Hamburg Germany.

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: www.activerain.com/blogs/soldonkauai

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