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Kauai Foreclosures, Kauai REO, September 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.

UPCOMING KAUAI REO:

Kukuiula lot Poipu

Kukuiula lot 22

Kukuiula lot waterfall

Waterfall back of lot

  1. Kukui’ula Lot 22, Poipu . Located in the Kaulu area of the prestigious Kukui’ula Community Facilities District. No price yet but it’s sure to be the lowest priced lot in the neighborhood. Owned by BMO Harris Bank NA.
  2. 4587 Kala Rd, Kekaha.  3 bedrooms 1 bath. This is the property formally occupied by a squatter. This property will be priced cheap but it comes with the neighbor (a few doors down) probably hassling you that it is his property.

 

ACTIVE KAUAI REOS, KAUAI MLS LISTED: (HIGHLIGHTED MLS NUMBERS ARE LINKS):

  1. 2963 Pua Nani St, Lihue. 4 bedrooms 3 bath built in 1993. $ 624,900. 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
  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. $519,900. Owned by Hudson Homes Management LC. for US Bank Trust.

KAUAI REOS WITH ACCEPTED OFFERS/IN ESCROW:

  1. 8569 Kiowea Rd, Kekaha. 3 bedroom 1.5 bath home. MLS# 634515. Reduced to $450,000. Owned by Federal National Mortgage Association.
  2. 5415 Makaloa St, Kapaa. 2 story 3 bedroom 3 bathroom in Waialeale Estates. $519,400. MLS# 638578. Owned by US BANK NATIONAL ASSOC, TTE, c/o:PHH MORTGAGE CORP
  3. 4154 Lei O Papa Rd, This 2 bedroom 2 bath homes lookmore like a detached condo. Next to the Makai club it needs work but may sell for a good price. $650,000. MLS#638857.Owned by Bank of New York TTE. You can bid on this property atauction.com
  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. $464,900. MLS# 637439.Owned by US National Bank.
  5. 7079 Alamihi Rd, Wainiha. 11,375 sqft of vacant land.MLS# 641306.  $293,900. Owned by Deutsche Bank National Trust Company.
  6. 2479 Oka St., Kilauea. 3 bedroom 1 bath home in need of repair. $474,900. MLS#641921. Owned by Kondaur Capital.

Kauai REO-Foreclosures SOLD for August 2020:  

  1. 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. $1,125,000. MLS#636796. Sold for $1,095,000 CNV 8/7/20.
  2. 6451-A Kalama Road, Kapaa. 1 bedroom 1 bath  cottage on 2.54 acres. $519,000. MLS# 637983. Owned by Fannie Mae. Sold $479,200 CNV 8/20/2020.

Editorial:

There are only a few foreclosures coming up on the courthouse steps. All are from pre-Covid times. people are asking/telling me about expected foreclosures due to Covid. I disagree. There will not be immediate foreclosures after Covid. There will probably be some legislation to help home owners who are in arrears. Even if there isn’t Hawaii in general is usually the last state on the mainland banks radar. That’s why we have a few foreclosures 10 years later after default. We will probably still have a few foreclosures due death and reverse mortgages and other non Covid related items. I have 6 non listed bank owned properties in my queue.    Two are in lawsuits 2 are in eviction and the 2 mentioned above will be listed soon.

Please call me if you are interested in these properties or Kauai Real estate. 808-652-6174. However if you are already committed to another Realtor please call them.  Aloha Julie

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