Halelani Village A-204. Lihue. 2 bedroom 2 bath condo. MLS#292655$175,500. Owned by Fannie Mae
074 Uluwehi St., Koloa, Land Kukuiula Residential Subdivision Ph I, Lot size 12,427 sq-ft R4 zoning, frontage golf course. $724,900. MLS#283925. Owned by BMO Harris Bank.
Sold Kauai REO Listings for the month of May 2016:
5811-A Waipouli Rd, #1, Kapaa HI 5 bed 4 bath. MLS# 279048 $669,700. After 15 months in escrow it finally closed at $612,299 on 6/2/16.
4343 Hoohana St, Hanamaulu. 3 units large residence on a large lot. $499,900. MLS#292232. Owned by LSF9 Mortgage Holdings LLC. Sold for $450,000 on 5/20/16.
4421 Anae Rd, Hanalei. NEW 3 bedroom 2 bath steps away from Hanalei Bay. $1,399,900 MLS #292932.Owned by Wells Fargo. Sold for $1,295,000 on 5/31/16.
5701 Makamaka St #B, Keapana. NEW. A 5 bedroom 5 bath home on approx 1/2 acre. MLS# 292475.$529,900. Owned by Freddie Mac. Sold for $400,000 on 5/25/16.
4628 Manulele St. Hanamaulu.7 bedroom 4 bath home in need of work. $414,000. MLS#294134. Owned by Freddie Mac. Sold for $399,000 on 5/4/16 for cash.
Kalapaki Villas #404, Lihue. 2 bedroom 2 bath condo. $254,900. MLS#288941. A pet friendly project. Sold for $224,900 on 5/11/16.
This is my monthly list of Kauai banked owned properties. Most of them are owned by the bank from a resulting foreclosure. My June update is a little late this month. I’m expecting more REOs to go on the market as judicial foreclosures have picked up. My newest assignment is a Banyan Harbor condo. It’s vacant and in the banks name already. That’s always a good sign. Too many times I get REO assignments before the court confirmation hearing. At court confirmation bidding can be opened up again by a 5% higher bid.
Do you have questions about buying a Kauai bank owned property? Just call 808 652-6174 or email email@example.com and I can help you find that special place.