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Kauai REO, Kauai Foreclosures Kauai May 2016 List

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 once a month or more if the Kauai REO activity has increased.

Active MLS Listed Kauai REOs:

1054 Kealoha Kauai ForeclosureKauai REO &ForeclosuresFujii Beach Kapaa Kauai

  1. 1054 Kealoha Rd, Kapaa (babyBeach area). 7 bedroom 5 bath residence. $799,000. Owned by Ventures Trust. MLS#294664.
  2. 4434-A Paplina Road, Kalaheo Commercial/residential 3 bedroom 1 bath. $180,000. Owned By Fannie Mae. MLS# 294896.
  3. 9836 Menehune Pl, Waimea. 4 bedoom 2.5 bath home Fixer. $330,000. Owned by Fannie Mae. MLS#295081
  4. Kuhio Shores At Poipu #101. 1 bedroom 1 bath oceanfront condo. MLS#293485. $525,000. Owned by Fannie Mae.
  5. 4935 Aliali Rd #26 aka Apopo Hale #26, Kapaa. NEW. 4 bedoom 2 bath detached home/condo. Reduced $334,900. MLS#292930. Serviced by Select Portfolio Servicing. (SPS)
  6. 6658-A Kipapa Rd #1, Kapaa. NEW. A large 4 bedroom 2.5 bath home (CPR) on 1.41 acres. MLS#293441.$898,000. Owned by Penny Mac.
  7. 688 Onu Place, Apt. A.  Located off a quiet road in Kalaheo overlooking Kalawai Park.  2 unit CPR. MLS# 288513. Reduced. $369,900. Serviced by Caliber Servicing.
  8. 5237 A Laipo Rd, Kapaa 3 bedroom 2 bath CPR home. MLS#285565. Discounted $339,000. Owned by US Bank National Association.
  9. 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.

 

Kauai REOS with accepted offers/in Escrow:

  1. 5811-A Waipouli Rd, #1, Kapaa HI  5 bed 4 bath.  MLS# 279048 $669,700. (stuck in escrow).
  2. 3925 Kamehameha Rd, Princeville. 4 bedroom 3.5 bath home. $988,000. MLS#286968.
  3. 4343 Hoohana St, Hanamaulu. 3 units large residence on a large lot. $499,900. MLS#292232. Owned by LSF9 Mortgage Holdings LLC.
  4. 4421 Anae Rd, Hanalei. NEW 3 bedroom 2 bath steps away from Hanalei Bay. $1,399,900 MLS #292932.Owned by Wells Fargo.
  5. Halelani Village A-204. Lihue. 2 bedroom 2 bath condo. MLS#292655 $175,500. Owned by Fannie Mae
  6. 4628 Manulele St. Hanamaulu.7 bedroom 4 bath home in need of work. $414,000. MLS#294134. Owned by Freddie Mac.
  7. 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.
  8. Kalapaki Villas #404, Lihue. 2 bedroom 2 bath condo. $254,900. MLS#288941. A pet friendly project.

 

Sold Kauai REO Listings for the month of April 2016:

  1. 73 Lihau Rd, Wailua Homesteads. 4 bedroom 2.5 bath home in need of repair. MLS#292550. $395,200. Serviced by SPS. Sold for $395,200 CNV on 4/27/16.
  2. 5847 Hoolei Rd, Poipu. 3 bedroom 1 bath home. $399,900. MLS#290093. Sols for $390,000 CNV on 4/1/16.
  3. 700 Akalei St. Eleele. 4 /2  home. A fixer. $299,900 MLS#292450. Owned by Wells Fargo Bank, SPS Servicer. Sold for $297,900 Cash on 4/28/16.
  4. 4131 Waiahi St, Hanamaulu. 3 bedroom 1 bath home cash only. $310,000. MLS#290740. Owned by Nationstar and can only be purchased on their auction site at www.homesearch.com. Sold for $257,250 Cash on 4/25/16.
  5. 3890 Waha Road, Kalaheo. 2,198 sq.ft living area. 3/2 in need of repairs. MLS# 294133. $379,000. Sold for $372,000 Cash on 4/29/16.

The REO at 1054 Kealoha was a short sale listing prior to being foreclosed on. One of the reasons it didn’t sell as a short sale is because of the tenants/occupants. They wouldn’t let the house be shown. The bank is trying to work with them to help them relocate but the reality is when you been living one house away from the beach for free, relocation is not a top priority. The bank or buyer will probably need to evict the occupants. Most banks usually do this before they put the house on the market. This is a great price for this property, but a buyer may need to add in eviction costs. 

Do you have questions about buying a Kauai bank owned property? Just call 808 652-6174 or email me kauaidreams97@gmail.com and I can help you find that special place.

 

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