Kauai REO Properties for Sale:
1. 7884 Iwipolena, Kekaha. 3 bedroom 1.5 bath home in need of repair but with a great mango tree. $199,000. MLS#276487. Owned by Andesite Mortgage Pool, LLC.
2. Banyan Harbor C-31, Lihue. This is a 2 bedroom 2 bath unit. Reduced. $167,500. MLS#275904. This is a Freddie Mac / HomeSteps Property. Buyer will also most likely be responsible for past 6 moths HOA fee.
3. 6978B Kokeanu Road, Wailua Homesteads, Kapaa. 2 bedroom 2 bath on a sloppy 1.44 acres. Reduced $479,900. MLS#275342. This is a Fannie Mae Homepath Property.
4. 6110 Kawaihau Rd Apt D., Kapaa. 3 bedrooms 3 baths home set up as 2 separate living areas. MLS#273506 Reduced $439,900. Serviced with Bay View Servicing. (offers pending)
5. Kiahuna Plantation #430, Poipu. 1 bedroom 1 bath Leasehold condo. MLS#273377, $59,900. Owned by PennyMac.
REO Properties in Escrow:
1. Kakela Makai Oceanview Subdivision Lot 2, Kalaheo: This is a vacant lot that has enough level to build but then the lot slopes. There is a distant ocean view. $209,900, MLS# 275457.
2. 4339 Waiakulua St #A, Kilauea. 3 bedrooms 2 bath on 1.79 acres. $559,990. MLS#272292. Owned by Bank of America, according to the listing the property is in litigation as the property was foreclosed on during the non-judicial foreclosure moratorium. But despite the lawsuit the listing agent appeared to have a buyer, as the property was listed on 3/30/14 at 10pm and marked as accepted offer by 4/1/14.
3. 5170 Kahana St, Kapaa. This is a 4 bedroom 3 bath home. Their is a pool that is covered. MLS#275942. $437,700. The bank Nationstar is working with SolutionStar REO who is selling the property through Homesearch.com.
4. Islander on the Beach #153, Wailua Beach. $169,900, MLS#275576. This is a ground floor oceanfront unit. These studio units do have a bar area with a sink. This is a Freddie Mac / HomeSteps Property.
5. Kauai Beach Resort #2334, Lihue. Studio resort condo $69,900. Good view. MLS#274641. Owned by HSBC Bank c/o Chase Bank.
Sold Kauai REO Properties for August 2014:
1. 5786 Noni Street, Wailua Homesteads. NEW. This 3 bedroom 2 bath home has lots of curb appeal. Reduced $404,900. MLS#274165. Owned by Bank of America. Sold for $425,000 CNV 8/27/14.
2. 4818 Haleilio Rd, Wailua Houselots, Kapaa. 4 bedroom 2.5 bath older home. $459,000. MLS#275583. Owned by American Savings Bank. The neighbors scooped this home up. Sold for $458,000 CNV 8/27/2014.
3. Regency Villas at Poipu Kai #H-213, Poipu. 2 bedroom 2 bath ground floor luxury condo. $519,900. MLS#274528. Owned by H&R block bank. Previously sold for $950,000. Sold for $474,000 Cash. 8/19/14.
4. 4586 G Io Road, Kekaha. Originally built in 1924 this 3 bedroom 1 bath property is unit 18 of a 18 unit CPR. $169,900. MLS#271618. This is a Fannie Mae Homepath Property. Sold for $165,000 CNV 8/27/14.
There were 4 or 5 foreclosure auctions at the Kauai County courthouse steps last Friday 8/29/14. It appeared that most of the homes went to individual buyers, but all bids are subject to court confirmation and rebidding. The only house I have in my queue upcoming is one in Hanamaulu, awaiting foreclosure deed recording, and one on Nawiliwili Road in Lihue. That property has been on the market before with another Realtor, but title problems keep it from selling. Happy Labor Day. I hope you make it to the beach. It’s a hot one on Kauai.
All available properties with Kauai MLS numbers can be plugged into my website at www.kauaidreams.com for more info and pictures. Or feel free to call 808 652-6174 or email me at kauaidreams97@gmail.com with any questions you might have or an appointment to see these properties. Aloha Julie.
Kauai REO, Kauai Foreclosures, Hawaii REO, Hawaii Foreclosures. This blog is the September 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).
