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.
Active MLS Listed Kauai REOs:
- Halemalu #26, Lihue. this is a 3 bedroom 2.5 town home located at the very end of the street. Its a private location. $464,900. MLS#602685. Owned by US Bank.
- 9915 Ape Place, Waimea. 6 bedroom 5 bah home. $590,900. MLS#602080. Owned by Bank of New York Mellon.
- Sandpiper Village 124, Princeville. 2 bedroom 2 bath condo. REDUCED $334,500. MLS#600475. Owned by US Bank Trust.
- Kiahuna Plantation #427. Poipu. 1 bedroom 1 bath LEASEHOLD condo. $29,000. MLS# 600928. Owned by American Savings Bank. Please note the combined HOA fee and leasehold rent are currently $2145.00 a month.
- 6003 Puka St, Kapaa. 3 bedroom 1 bath home. Sold occupied by auction. $290,000. MLS#602011. Owned by Freddie Mac.
- 1987 Hulali Loop, Kapaa. 4 bedroom 2.5 bath. The home has issues. $277,600. MLS#298655. Owned by Altisouce/OCWEN.
KAUAI REO’S WITH ACCEPTED OFFERS/IN ESCROW:
- Halelani Village L-201. 2 bedroom 1.5 bath condo. Auction only on Xome.com. $185,000. MLS#292924. Owned by Nationstar Mortgage.
- 5284 Kahala St #1, Kapaa. 3 bedroom 3 bath home. $550,000 MLS#601472. Owned by Fannie Mae.
- 4677 Moi Road, Hanapepe. 4 bedroom 2 bath home. $296,800. MLS#602534. Owned by Owen/Altisource.
- Kalaheo Pali Kai #53, Kalaheo. 2 bedroom 2 bath condo. $299,000. MLS#600365. Owned by Fannie Mae.
KAUAI REO LISTINGS FOR THE MONTH OF December 2016:
- 4624 Pia Pl, Eleele. 3 bedroom 2 bath home. $285,000. MLS#601454. Owned by Nationstar. Sold for $247,275 Cash on 12/23/16.
- Kalaheo Pali Kai #13., Kalaheo. 3 bedroom 2 bath condo. $312,000. MLS#600365. Owned by Fannie Mae. Sold for $312,000 12/19/16 VA.
- 6658-A Kipapa Rd #1, Kapaa. . A large 4 bedroom 2.5 bath home (CPR) on 1.41 acres. MLS#293441. Reduced. $785,000. Owned by Penny Mac. Sold for $770,000 CNV on 12/16/16.
- 4907 Kikala Road, Kalaheo. 3 bedroom home on 1.58 acres. $785,000. Owned by Owen/Altisource. Sold for $770,000 CNV on 12/16/16.
According to the MLS statistics Kauai had a total of 1060 fee simple real estate closings for the 2016 year. Only 48 of those closing were REOs. This is only 4.5% of the market. I’m expecting the percentage to be the same for 2017. My daughter (Kela Caspillo) and I are in the process of purchasing a REO this year and hoping to renovate and flip it. We are getting a jump start on our real estate goals. What are your 2017 real estate goals? Let us know if we can help you with those goals. Wishing everyone much happiness and success in 2017.
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.
