Kauai REO, Kauai Foreclosures, Hawaii REO, Hawaii Foreclosures. This blog is an update to the November 1, 2014 Kauai REO (bank owned property) list. It is updated weekly (or twice a month) or on the 1st of the month and is based on the MLS inventory. (Photos of any active property can be seen by taking the MLS number and plugging it into my web site www.kauaidreams.com).
New Kauai REO Listings:
1. Plantation Hale E-10, Wailua Coconut Coast. 1 bedroom 1 bath condo. MLS#278756 $159,000. Owned by First Hawaiian Bank.
2. Hauaala Road, Kapaa. Vacant CPR Lot of 18513 sq.ft.. MLS#278327. $197,000. Owned by Kauai Community Federal CU.
3. 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.
4. 6403- D Waipouli Road #1, #2, & #3. There are 3 CPR units that can be purchased separately. Unit #2 is a 4 bedroom 2 bath Octagon dome style home that is off the grid. MLS#278675 $589,000. Unit #1 is 2 acres MLS# 2789673 for $310,000 and Unit 3 is 2.02 acres for $275,000. Owned by Bank of Hawaii.
Kauai REO Properties Under Contract:
1.6978B 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.
2. Banyan Harbor C-31, Lihue. This is a 2 bedroom 2 bath unit. Reduced. $154,900. MLS#275904. This is a Freddie Mac / HomeSteps Property. Buyer will also most likely be responsible for past 6 moths HOA fee.
3. 5837-A Olohena Rd, Kapaa. 2 houses for a total of 5 bedrooms 3 bath on a 41,556 sq.ft. lot. MLS#277751, $514,900. Owned by Freddie Mac. Previously sold at $755,000.
Kauai Sold REO Properties:
1. 6155 Waipouli Rd #2, Wailua/Kapaa. This is a 4 bedroom 3 bath home in need of some repair on 2 acres. MLS#277270. $699,000. Owned by Bank of Hawaii. Sold for $650,000 cash on 11/14/14.
On November 14th, Friday I went to the Lihue courthouse to see the auction of the property at 3546 Old Mill Place in Koloa. I had been assigned this property as a “PRE-REO” ahead of the foreclosure date. As I was in the area I though I would stop by. There was also another foreclosure sale scheduled for the same time for the property at 4343 Hoohana St in the Lihue area of Hanamaulu. I was paying attention to the Old Mill Place foreclosure. The bank per their attorney only bid $297,913.50 and the Realtor who had it listed previously bid $1,000 more as required by the commissioner. I was surprised the bank let it go that low. The Hanamaulu house that had a bigger auction crowd. It sold for $444,995.16. Bank of America was the high bidder.
Just a reminder that we have a Facebook page https://www.facebook.com/kauaidreamsrealty and we are also on Instagram at @KAUAIDREAMS. Instagram works best from a mobile phone. Often we will have pics and videos of upcoming or current listings on these sites. Give me a call 808 652-6174 or send an email julie@hisemail.net if you want to see any of these properties.
Kauai REO, Kauai Foreclosures, Hawaii REO, Hawaii Foreclosures. This blog is an update to the November 1, 2014 Kauai REO (bank owned property) list. It is updated weekly (or twice a month) or on the 1st of the month and is based on the MLS inventory. (Photos of any active property can be seen by taking the MLS number and plugging it into my web site www.kauaidreams.com).
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