Kauai Dreams Realty

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Kauai Foreclosures, Kauai REO January 2021 List & End of Year Stats.

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.

Upcoming Kauai REOS:

  1. Kauai Foreclosure 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:

  1. 4523 Kauai Rd, Kealia. 3 bedroom 1 bath older home with ocean view. $549,900. MLS#643882.
  2. 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
  3. 7079 Alamihi Rd, Wainiha. 11,375 sqft of vacant land.MLS# 641306.  $293,900. Owned by Deutsche Bank National Trust Company.
  4. 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:  

  1. 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.
  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.  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 julie@kauaidreams.com, 808 652-6174.

 

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