Kauai Dreams Realty

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Kauai Foreclosures, Kauai, March, April, May 2020 List

This blog is a list of foreclosure or bank owned (REO) properties for sale on the island of Kauai.  Refer to www.kauaidreams.com for more Kauai REO & Kauai foreclosure properties.

ACTIVE Kauai REOs, Kauai MLS Listed: (highlighted MLS numbers are links):

Kauai dreams realty foreclosure

4581 Kehau Kalaheo REO

Kauai REO Kalaheo

4581 Kehau Kauai REO

  1. 4581 Kehau Dr., Kalaheo.  5 bedrooms 3 bath newer home with views. Fenced yard. $754,000 MLS #638566 Owned by Wells Fargo Bank.
  2. Hookena at Puhi #204. This 3 bedroom 2.5 bath with 2 car garage condo has been remodeled and is move in read. MLS# 638790. $549,900. Owned by Hudson Homes Management LC. for US Bank Trust.
  3. 3663A Papalina Road, Kalaheo. Some bank owned homes are not your typical starter home. This large view home has upgraded details and a large usable 1.5 acres. $1,150,000. MLS# 636796. Owned by Hudsohttps://kauaidreams.com/kauai-real-estate/635872/n Homes Management LLC. Back on the market due to Covid.
  4. 4912 Ohu Rd, Kapaa. 6 bedroom 2 baths on 2 dwellings that need a lot of work. A true fixer. The car parts come with the deal. $474,900. MLS# 637439. Owned by US National Bank.
  5. 7079 Alamihi Rd, Wainiha. 11,375 sqft of vacant land. MLS# 635872.  $339,900. Owned by Deutsche Bank National Trust Company. On the bidding platform
  6. 4154 Lei O Papa Rd, This 2 bedroom 2 bath homes looks more like a detached condo. Next to the Makai club it needs work but may sell for a good price. $679,900. MLS#638857. Owned by Bank of New York TTE. You can bid on this property at www.auction.com

Kauai REOs With ACCEPTED OFFERS/IN ESCROW:

  1.  8569 Kiowea Rd, Kekaha. 3 bedroom 1.5 bath home. MLS# 634515. Reduced to $451,250. Owned by Federal National Mortgage Association.
  2. Kauai Beach Resort 2307. Lihue. Studio resort unit with mountain views MLS#638334. $76,000. Owned by US Bank National.
  3. 5004-A Ahakea St, Kapaa. 3 bedroom 2 bath home. MLS# 635797.  $520,000.  Owned by US Bank Trust NA.
  4. 5415 Makaloa, Kapaa. 3 bedroom 3 bath 2 story home. $519,400. MLS# 638578. Owned by US BANK NATIONAL ASSOC, TTE,
  5. 3854 Gallo Pl, Kalaheo. 4 bedroom 3 bath home. $549,900. Owned by US BANK NATIONAL ASSOC, TTE. MLS #637420.
  6. 6645 Waipouli Rd, Kapaa. An older fixer on 5.4 acres. $650,000. MLS#637071. Owned by Hudson Homes Management.
  7. 6451-A Kalama Road, Kapaa. 1 bedroom 1 bath  cottage on 2.54 acres. $519,000. MLS# 637983. Owned by Fannie Mae.

Kauai REO-Foreclosures SOLD for February-April 2020:  

  1. 8322 Mahiko Pl, Kekaha. 4 bedroom 1 bath home.MLS# 632171. $224,900. Owned by Deutsche Bank National Trust Co. Sold for 4225,000 Cash 3/13/20.
  2. 5004-A Awawa Rd, Hanapepe. 3 bedroom 2 bath home. MLS# 634561. $520,000. Owned by Bank of New York Mellon. Sold for $520,000 CNV 2/18/20.

Editorial: Wow a lot has been going on since my last foreclosure blog in February. Besides normal computer problems ( I have a new computer and new email now), there’s been this work wide pandemic aka Covid-19.  Has Covid-19 affected Kauai real estate? Of course it has. an informal survey with other agents gives an escrow drop out rate of 30 -50%. The 50% tends to be with the agents who specialize in  second home or investment buyers. The lower rate had less drop outs with primary home buyers.

There are  buyers out there wanting deals. They may find them in REO properties. There’s less competition then before. However the lending standards on certain banks have even gotten tighter then before.  It’s a good time to check with your lender before you place a bid. If you are wishing to bid on the auction.com properties and want an agent to represent you, I’m willing. My company license number and my license number is RB-14203. It does not cost you any extra to use an agent. 

Aloha Julie 808 652-6174-cell julie@kauaidreams.com

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