Upcoming Kauai REOS:
The bank may decide to fix up this Kapaa REO prior to it going on the market. That way it will be lendable and a higher price for the bank. Addresses are not published on vacant REOs due to recent issues with squatters.
ACTIVE KAUAI REOS, KAUAI MLS LISTED: (HIGHLIGHTED MLS NUMBERS ARE LINKS):
NONE!!! No changes from last month.
KAUAI REOS WITH ACCEPTED OFFERS/IN ESCROW:
- 4523 Kauai Rd, Kealia. 3 bedroom 1 bath older home with ocean view. $549,900. MLS#643882.
- 2963 Pua Nani St, Lihue. 4 bedrooms 3 bath built in 1993. Reduced. $ 614,900. Large corner lot in the established Pua Nani subdivision. Priced below the 2020 tax assessment of $732,900. Great location with curb appeal. MLS# 639555. Owned by RESIDENTIAL CREDIT OPPORTUNITIES
- 7079 Alamihi Rd, Wainiha. 11,375 sqft of vacant land.MLS# 641306. $293,900. Owned by Deutsche Bank National Trust Company.
- Lau Nahele St, Koloa. Lot 22 Kukui’ula Subdivision. The lowest priced vacant lot in Kukui’ula.! This homesite in the Kaulu Neighborhood of Kukui’ula and borders a greenbelt with a small babbling stream & waterfall . $555,900. MLS# 643222. Owned by BMO Harris Bank.
KAUAI REO-FORECLOSURES SOLD FOR December 2020:
- 2479 Oka St., Kilauea. 3 bedroom 1 bath home in need of repair. $474,900. MLS#641921. Owned by Kondaur Capital. Sold for $445,000 cash on 12/2/2020.
- 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. Reduced $499,900. Owned/Serviced by Hudson Homes Management for US Bank Trust. sold for S515,350 VA on 12/10/2020
Kauai REO Year End Statistics:
According to Kauai’s MLS Theres were 1164 sale sides for 2019. 49 of those were Kauai REO properties. That’s 4.2% of the market.
In 2020 there were 1008 reported sale sides for Kauai. Only 19 of those were Kauai REOs. This calculates to approximately 1.9%.
Governor Ige issued an emergency proclamation Wednesday (12.16.20), that the current eviction moratorium is extended again, this time until February 21, 2021. This has caused a lack of foreclosures and REOs or bank owned properties.
If you are interested in buying a Kauai REO or Kauai Foreclosure please give me a call or drop me an email. I will respond promptly. However if you are working with another agent please call them. My contact info is kauaidreams97@gmail.com, 808 652-6174.
