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 twice a month or weekly if the Kauai REO activity has increased.
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 $44,995.16. 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 kauaidreams97@gmail.com if you want to see any of these properties.
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 twice a month or weekly if the Kauai REO activity has increased.
