This is my monthly Kauai REO, Kauai Foreclosure Blog. It is a compilation all Kauai MLS listed bank owned properties. It is updated at least twice a month or weekly if the Kauai REO activity has increased.
Active Kauai REO Properties for Sale:
1. Kiahuna Plantation #430, Poipu.1 bedroom 1 bath Leasehold condo. MLS#279079 $49,000. Owned by Penny Mac. New.
2. Plantation Hale E-10, Wailua Coconut Coast. 1 bedroom 1 bath condo. MLS#278756 $159,000. Owned by First Hawaiian Bank.
3. Hauaala Road, Kapaa. Vacant CPR Lot of 18513 sq.ft.. MLS#278327. $197,000. Owned by Kauai Community Federal CU.
4. 4793 Nonou Rd, Wailua Houselots. 4 bedrooms 2.5 bath home on a lot of 12,577 sq.ft. MLS#278658 $480,000. Owned by Freddie Mac.
5. Waipouli Road, Golden Pond, Kapaa. 2.04 acres of AG land. A hillside lot. MLS#277976. $262,000. Owned by Federal Land Bank Association of Hawaii. They will finance a qualified buyer.
6. Waipouli Rd, Kapaa. 5 bedroom 4 bath bamboo house on 3.81 acres. MLS#279048 $742,000. Owned by Freddie Mac. NEW.
7. 7297 Alealea Rd, Haena. 3 bedroom 2 bath home on a half acre lot steps away from the beach. MLS#277703, Priced at $1,075,700. Owned by Bank of America.
Kauai REO Properties in escrow/accepted offer:
1. Kakela Makai Oceanview Subdivision Lot 2, Kalaheo: This is a vacant lot that has enough level to build but then the lot slopes. There is a distant ocean view. $209,900, MLS# 275457.
2. 341 Lanakila Rd, Wailua Houselots, Kapaa. 2 houses for a total of 3 bedrooms 2.5 baths on a 13,580 sq.ft. lot MLS#276638, Priced at $474,000. Owned by First Hawaiian Bank. Previously sold at $730,000.
3. 6978B Kokeanu Road, Wailua Homesteads, Kapaa. 2 bedroom 2 bath on a sloped 1.44 acres. $449,900. MLS#275342. This is a Fannie Mae Homepath Property.
4. 6403- D Waipouli Road #1, #2, & #3. There are 3 CPR units that can be purchased separately. Unit #2 is a 4 bedroom 2 bath Octagon dome style home that is off the grid. MLS#278675 $589,000. Unit #1 is 2 acres MLS# 2789673 for $310,000 and Unit 3 is 2.02 acres for $275,000. Owned by Bank of Hawaii.
Sold Kauai REO Properties (November 2014):
1.Banyan Harbor C-31, Lihue. This is a 2 bedroom 2 bath unit. Reduced. $154,900. MLS#275904. This is a Freddie Mac / HomeSteps Property. Buyer will also most likely be responsible for past 6 moths HOA fee. Sold for $149,000 11/28/2014 Cash.
2. 5837-A Olohena Rd, Kapaa. 2 houses for a total of 5 bedrooms 3 bath on a 41,556 sq.ft. lot. MLS#277751, $514,900. Owned by Freddie Mac. Previously sold at $755,000. Sold for $500,000 11/28/14 Cash.
3. 6155 Waipouli Rd #2, Wailua/Kapaa. This is a 4 bedroom 3 bath home in need of some repair on 2 acres. MLS#277270. $699,000. Owned by Bank of Hawaii. Sold for $650,000 Cash 11/14/2014.
4. 8227 Elepaio Rd, Kekaha. 3 bedroom 1bath home. MLS#277619 Sold before listed. Owned by KCFCU. $220,000 on 11/13/2014 cash.
Two properties that went to foreclosure, 1214 Nohea Street in Kakela Makai & Kalapaki Villas 106 are now owned by Freddie Mac. My REO assignment on 3827 Hoohuki Road finally had the foreclosure deed record and should be coming on the market soon. I hope you had a great Thanksgiving holiday. My younger daughter Leilani came to visit from Oahu. On Sunday we enjoyed a couple of OG Acai bowls at Kalalea Juice Hale in Anahola. If you want to see any of these properties or have questions, give me a call 808 652-6174 or send me an email kauaidreams97@gmail.com, Aloha Julie.
This is my monthly Kauai REO, Kauai Foreclosure Blog. It is a compilation all Kauai MLS listed bank owned properties. It is updated at least twice a month or weekly if the Kauai REO activity has increased.