This is my monthly Kauai REO, Kauai Foreclosures 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.

Upcoming Kauai REOs:

3681 Pua-Kenikeni St., Lawai. 3 Bedroom 2.5 bath home. 2032 sq. ft. We do not have a price yet.

1. 3830 Hanapepe Road, Hanapepe. MLS #613554 Termite ridden multi family. Reduced $224,900. Owned by  Deutsche Bank. 
2. 3296 Kanakolu St., Lihue. 3 Bedroom 2 bath. $560,000. MLS#618071 A HUD Home Owned by the Secretary of HUD US Government.
3. 5359 Kula Mauu St., Kapaa. 3 Bedroom 2 bath. $354,900. MLS#618114 Owned by Bank of New York Mellon.
4. 3887 Gallo Pl., Kalaheo. 3 Bedroom 3 bath. $649,900. MLS#616209 Owned by Wilmington Savings Fund Society FSB.
5. 4898 Yamanoha Rd. 13,009 sq.ft. Vacant Land. $262,900.  MLS#618260  Owned by Bank Of America NA.
6. 3691 Albert Rd., Princeville. 3 bedroom 3 bath. $799,000.  MLS#618191 Owned by Onewest Bank FSB.
7. 4758 Lae Rd. #A, Kalaheo. 1 Bedroom 1 bath on 3 acres. $698,000. MLS# 613705 Owned by Kauai Community FCU.
8. 5891 Wailaau Rd., Koloa. 5 Bedroom 6 bath home. Reduced$543,100. MLS#617339 Owned by Deutshe Bank National Trust Company.
9. 3292-D Kalihiwai Road. 4 bedroom 4 bath estate. $3,995,000. MLS# 607132. Owned by Bank Centre Corp.
10. 5509 Kuamoo Road, Kapaa. 3 Bedroom 2.5 bathroom. Reduced $432,250. MLS#616288 Owned by US Bank National Association. (offer pending)
11. 4421 Aalona St., Kilauea. 5 Bedroom 2.5 bath. $599,900. MLS#617501 Owned by Federal Home Loan Mortgage Corporation.
12. 5-6581 Kuhio Hwy., Hanalei. 2 Bedroom 2 bath home across the beach in Wainiha. $549900. MLS# 615969 Owned by US Bank. I have been told this house literally had no damage from the storm.
13. 4-1064 Kuhio Hwy., Kapaa. 3 Bedroom 1 bath home in the heart of Kapaa town. $419,900. MLS# 618523 Owned by Wilmington Savings Fund Society FSB

KAUAI REO’S WITH ACCEPTED OFFERS/IN ESCROW

1. 4610 Hauaala Rd., Kapaa. 2 Bedroom 1 bath. $269,500. Has some condition issues but at this price point it’s the best deal on the market.  MLS# 615670 Owned by US Bank Trust.
2. Hauaala Road, Kapaa. Vacant CPR lot 18,513 sq.ft. $239,900. MLS# 613696 Owned by Kauai Community FCU.
3. 376 Kaholalele Rd., Kapaa. 2 Bedroom 1 bath. $399,900. MLS 617249 Owned by US Bank National Association.
4. 5463 Kawaihau Rd., Kapaa. Multi dwelling sold Occupied. MLS#614575. $529,900. Owned by Wells Fargo.
5. 1904 Leleiona St., Lihue. 6 Bedroom 3 1/2 bath. $544,900. MLS# 613854 Owned by Federal National Mortgage Assn.
6. 2171 #Kelikoli St. #25, Lihue. 3 Bedroom 2.5 bath. $429,000. MLS#616831 Owned by Federal National Mortgage Association.
7. 4512 Akialoa Rd., Kekaha. 5 Bedroom 4 full & 2 half bath. $950,000. MLS#616064 Owned by Wells Fargo Bank NA.
8. 824 Akalei St., Eleele. 3 Bedroom 2 bath. $439,900.  MLS#617704 Owned by The Bank Of New York Mellon.

Kauai REO-Foreclosures SOLD for May 2018:

1. 5207 Koloa Rd, Old Mill Camp #1. 3 Bedroom 1 bath. $459,000. MLS#615705 Owned by Federal National Mortgage Assn. Sold For $465,000 Conv. Loan 5/24/18.
2. 3228 Hiraoka St., Lihue. 3 Bedroom 1 bath. $383,900. Owned by US Bank NA. MLS#616955 Sold For $401,000 Cash 5/31/18.
3. 3570 Lala Rd. Apt A, Lihue. 3 Bedroom 1 bath. $363,500. MLS#616862 Owned by Deutsche Bank National Trust Co. Sold For $363,900 Cash 5/10/18.
4. 1231 Nohea St., Kakela Makai, Kalaheo. 3/2 newer home with unfinished downstairs. Ocean views, MLS#614436 $858,000. Serviced by SPS Loan Servicing. Sold for $854,500 Cash 5/29/18.
5. Kauai Beach Resort 4211. Studio oceanfront unit. Listed at $119,000. Owned by Caliber Mortgage. MLS # 616719. Sold For $165,000 Cash 5/25/18.
6. Kauai Beach Resort 3225. Studio oceanview unit. Listed at $69,700. Owned by US Bank NA. MLS# 615540. Sold for $ $82,000 Cash 5/30/18.
7. 1331 Kiowai Pl., Kapaa. 3 Bedroom 3.5 bath. $769,900. Owned by Bank of New York Mello MLS#615451 Sold For $800,000 Cash 5/31/18.
8. 4110 Koloa Rd., Koloa. 3 Bedroom 2 bath with large deck. $549,900. MLS#615864 Owned by Wilmington Savings Fund. Sold for $603,000 Conv. Loan 6/04/2018.
9. Sealodge II #H6, Princeville. 1 Bedroom 1 bath. $478,400. MLS# 614946 Owned by Wells Fargo. Sold for $473,000 Cash 6/05/18.
10. 3313 Elima St., Lihue. 3 Bedroom 1.5 bath. $586,900. MLS# 614579 Owned by US Bank Trust NA. Sold for $588,000 FHA Loan 6/07/18.

There has been a flurry of REO and non REO closings. There has also been a slow down of Kauai foreclosures. This slow down will be reflected in a lack of inventory probably by the end of this year and definitely in 2019. Bidding has also become more competitive. However I don’ see any bubble in the near future. With the exception of war/major disaster Kauai’s price should reman strong.  Call 808 652-6174 or email me or your agent if you have any Kauai real estate questions.  Aloha Julie