Kauai Real Estate REOs & Foreclosures

Upcoming Kauai REOS: (Listed prices not known yet.)
(#1. to #13. are upcoming with Kauai Dreams Realty)

1. Mauna Kai/ Keo Kai 5A. Condo . 2 bedroom 2 bath in Princeville. This is the bottom floor of a 2 story dettached condo.
2. Apopo Hale, Kapaa 4 bedroom 1.5 bath CPR home.
3. Apopo Hale, Kapaa 3 bedroom 1 .5 bath CPR home.
4. 2891 C Pua Nani St, Lihue. Large 4 bedroom 2 bath home part of a CPR. IndyMac REO
5. Banyan Harbor #80 2 bedroom 2 bath condo in Lihue.
6. Waiakulua, Kilauea. A large estate in Kilauea farms. Previously listed prior to foreclosure for over $1.5 million.
7. 4734 Mimilo. A 3 bedroom 2 bath home in the Hudley Heights area of Kapaa. Large lot. Stylish house. It should sell fast.
8. 5796 Noni St, 4 bedroom 2 bath home. in Wailua Homesteads.
9. 148 Royal Drive, Wailua Homesteads. Awaiting eviction.
10. Plantation Hale. 1 bedroom 1 bath on the Coconut Coast.
11. Hoolako 2 bedroom 2 bath house in Lihue. awaiting eviction.
12. Koali St, Wailua Homesteads. 3 bedroom 2 bath home. Awaiting eviction.
13. Oka St, Kilauea, a 3/2 bath 2 story home with open beam.
(#14 to #18 are upcoming with other Brokers)
14. Nihilani at Princeville #14A. 3 bedroom 2 bath condo. Last sales price was at $761,450. Fannie Mae owned.
15. Koula Rd 3 bedroom 1 bath home in Hanapepe with Fannie Mae
16. Liliokalani, Kilauea 3 bedroom 1 bath with Fannie Mae
17. Laulea St. Eleele, 3 bedroom 1 bath home. In the eviction process
18. Lae Road, 3/2 In the eviction process.

Kauai Active Bank Owned REO Listings:
Homes:
1.5322 Kahala St, Kapaa 3 bedroom 1 bath home in very good condition for $360,000. MLS#221440.
2. 3834 Haulani Place, Princeville. 3/3 2048 sq.ft. home MLS#219148. Reduced to $664,900.
3. 4910 Aliali Road #5, Kapaa. This is a 3 bedroom 1.5 detached home that is part of Apopo Hale condominium project. $249,900. MLS#219935
4. 4912 Aliali Road #3, Kapaa. Another 3/1.5 in Apopo Hale. $249,900 MLS#220533.
5. 5086 Napookala Circle, Princville $876,800 MLS#220705. This home has a great location in Princeville, in Sunset Circle. Owned by Countrywide.
6. 924 Niulani, Oceanfront Kapaa. A 2 bd 1 bth home on a 12,613 sq.ft. lot for $949,900. MLS#221563
7. 4754 Kalamania Rd #B, Kilauea. 1/1 2.98 acres $549,900 MLS#219109 Fannie Mae/Freddie Mac REO
Condos:
1.Kauai Beach Resort #1331. Ocean view condo at the Kauai Beach Resort (Hilton) REDUCED $119,900. MLS#217159 Chase REO
2. Kuhio Shores #313, Poipu MLS#213644 to $590,900.
3. Pono Kai #C209 2/2 Oceanfront condo. $512,900 MLS#218983.
5. Kamahana #4, Princeville. 2/2 condo reduced to $349,900 MLS 220199 Owned by Countrywide.
6. Plantation at Princeville 3 bedroom 2 bath condo. Built in 1994. $539,900. MLS#215869
7. Regency Huleia #21, Lihue. 2 bedroom 2.5 bath condo. Built in 1995. $353,600. MLS# 218226
8. Islander on the Beach #321. Studio oceanview unit. $145,000. MLS#217190. Owned by CPHL

REOs currently in Escrow:
1. 2469 Keneke St, Kilauea. Spacious 4 bedroom 2 bath home. The upstairs includes 3 bedroom 1 bath and the downstairs living area accessed through the garage is a 1 bedroom 1 bath setup. $409,900. MLS#222187.
2. 4368A Puuwai Rd Kalaheo. This 2 bedroom 1 bath home is located on an 1/4 CPR lot. The downstairs was in the process of being remodeled but not completed and it appears no permits were pulled. Only $290,000. MLS# 221776
4. Kauai Beach Resort #4208 $139,900 MLS#220882. This prime unit in building 4 last sold for $415,000. Owned by Chase.
5. 5027-A Puuwai Road, Kalaheo, 3 bedroom 4 bath home with ocean view. $678,900 MLS#220522
6. 4801 Lae Rd, Kalaheo 3/2 in Kalaheo, needs some work. $365,000. Back on the Market. MLS#219749.
7. HaleLani Village at Puhi #Z101. 2 bedroom 2 bath condo for $169,900. Owned by Fannie Mae. MLS#217388
8. Villas On The Prince 4141 Queen Emma’s Dr. #3 condo 3/3 $576,900 MLS#222697. Just listed Countrywide REO.
9. Paniolo #103 Princeville Condo. 1 bedroom 2 bath condo. Price at $239,000. This is a Freddie Mac REO MLS#221121
10. 276 Makani Road, Wailua Houselots to $419,900. MLS#216350 Owned by WAMU Fell out of escrow but there is an accepted offer back in.
11. 383 Laaukea, Wailua Houselots. 3 bedrooms 2 baths $350,000. MLS#221886. Although in escrow this property has title problems and my not close for awhile.

Sold REOS for the month of March:
1. 5773A Kuamoo Road, Wailua Homesteads. 2 bedroom 1.5 bath home for $225,000. Sold for $225,000 on 3/31/2009. MLS#221077.
2. 4540 Waiakalua St., Kilauea reduced to $601,900. Sold for $524,000 on 3/30/2009. CNV. MLS#217182.
3. 5143 Iolani Pl, Princeville. 3/2 home in Princeville. Reduced to $594,900. Sold for $567,000 CNV on 3/30/2009 MLS#217017.
4. Emmalani Court #412, Princeville. 2/2 for $475,000. MLS#219933. Sold for $450,000 CNV on 3/27/2009.
5. 5120 Haleilio Rd, Wailua Houselots, 3 bedroom 1.5 bath on a large lot of 16316 sq.ft. MLS#220517 $399,900 Sold for $395,000 CNV. 3/10/2009.
6. 4717 A Anahola Rd. A 3/2 home in Anahola next to the park. $300,900. Sold for $300,900. Cash. 3/9/2009
7. 4062 Blackstad Road, Lawai AKA 4031-L Off Koloa Road. 2 homes and a cottage on 1.28 acres. These homes need work. REDUCED to $599,900. Sold for $600,000 Cash 3/11/2009.

There was a total of 37 properties that closed escrow (sold) on Kauai in March of 2009. 7 of them were REO properties. This is a 18.92 percent ratio. It is definitely the highest percentage of Kauai bank owned properties that have sold in one months time period in Kauai real estate history. It’s interesting to see that for March there were 37 sales on our small island. This is down from 60 sales in March 2008 but up from 27 sales for February 2009 and 20 sales for January 2009. I think people are realizing that this is the time to buy. It appears the market has hit bottom or near bottom and will stay level for awhile.
For more info or pictures take the mls number and plug it in the appropriate place on my web site www.kauaidreams.com or email me with your questions julie@hisemail.net. Aloha Julie.

Upcoming listings:

1. Nihilani at Princeville #14A. 3 bedroom 2 bath condo. Last sales price was at $761,450. Listed price not known yet. Fannie Mae owned.
2. Apopo Hale on Aliali Road, Kapaa. This is a 4 bedroom 1 .5 bath unit in the eviction process.

Price changes:
1. 4754 Kalamania Rd #B, Kilauea. 1/1 2.98 acres $549,900 MLS#219109 Fannie Mae/Freddie Mac REO
2. 4910 Aliali Road #5, Kapaa. This is a 3 bedroom 1.5 detached home that is part of Apopo Hale condominium project. $249,900. MLS#219935
3. 4912 Aliali Road #3, Kapaa. Another 3/1.5 in Apopo Hale. $249,900 MLS#220533
4. Paniolo #103 Princeville Condo. 1 bedroom 2 bath condo. Price at $260,000. This is a Freddie Mac REO MLS#221121

In escrow:
1. 4368A Puuwai Rd Kalaheo. This 2 bedroom 1 bath home is located on an 1/4 CPR lot. The downstairs was in the process of being remodeled but not completed and it appears no permits were pulled. Only $290,000. MLS# 221776
2. 5027-A Puuwai Road, Kalaheo, 3 bedroom 4 bath home with ocean view. $678,900 MLS#220522
3. Kauai Beach Resort #4208 $139,900 MLS#220882. This prime unit in building 4 last sold for $415,000. Owned by Chase.
4. Halelani Village at Puhi #Z101. 2 bedroom 2 bath condo for $169,900. Owned by Fannie Mae. MLS#217388

This weeks blog shows 4 bank owned properties going into escrow. The market is active if the price is right. Next weeks blog will have the full list of all active Kauai post foreclosure bank owned Kauai properties. For more info or pictures take the mls number and plug it in the appropriate place on my web site www.kauaidreams.com or email me with your questions julie@hisemail.net. Aloha Julie.

Technorati Profile

New Listings:

2469 Keneke St, Kilauea. Spacious 4 bedroom 2 bath home. The upstairs includes 3 bedroom 1 bath and the downstairs living area accessed through the garage is a 1 bedroom 1 bath setup. $409,900. MLS#222187.

In escrow Listings:
#1. 383 Laaukea, Wailua Houselots. 3 bedrooms 2 baths $350,000. MLS#221886.

New Upcoming REOs:
#1.Waiakulua, Kilauea. A large estate in Kilauea farms. Previously listed prior to foreclosure for over $1.5 million.
#2. Pua Nani St, Lihue. A 4 bedroom 2 bath home with office enclosed garage, patio and a large kitchen.

Sold Listings:
#1. 5120 Haleilio Rd, Wailua Houselots, 3 bedroom 1.5 bath on a large lot of 16316 sq.ft. MLS#220517 $399,900 Sold for $395,000 CNV. 3/10/2009.
#2. 4717 A Anahola Rd. A 3/2 home in Anahola next to the park. $300,900. Sold for $300,900. Cash. 3/9/2009
#3. 4062 Blackstad Road, Lawai AKA 4031-L Off Koloa Road. 2 homes and a cottage on 1.28 acres. These homes need work. REDUCED to $599,900. Sold for $600,000 Cash 3/11/2009.

Just in case you are new to my blog this is a weekly update that is a supplement to the monthly update. Please scroll down below for the complete list of Kauai REOS. The County of Kauai Housing Office is awaiting the signed agreement with the State of Hawaii for its share of the economic stimulus funds. The County will then be able to purchase REO (bank owned) homes for low inome qualified buyers. These specific funds will only be available to purchase affordable REOs, no million dollar homes or private owner homes. It will be intereting to see how these funds will affect the market. If you have any questions about these properties or any other property on Kauai feel free to email me at julie@hisemail.net or call me at 808 652-6174. You can also find more info and photos on any property by plugging in the MLS number on my web site at www.kauaidreams.com Aloha Julie.

New Listings:

#1. 4368A Puuwai Rd Kalaheo. This 2 bedroom 1 bath home is located on an 1/4 CPR lot. The downstairs was in the process of being remodeled but not completed and it appears no permits were pulled. Only $290,000. MLS# 221776.

#2. 383 Laaukea, Wailua Houselots. 3 bedrooms 2 baths $350,000. MLS#221886.

Price Changes:
#1. Kauai Beach Resort #1331 aka the Hilton. This studio condo took a whopping price dive. Now at $119,900. MLS#217159
#2. Kuhio Shores #313, Poipu MLS#213644 to $581,900.
#3. Kamahana #4, Princeville. 2/2 condo reduced to $344,900 MLS 220199 Owned by Countrywide.
#4 4912 Aliali Road #3, Kapaa. Another 3/1.5 in Apopo Hale. $249,900 MLS#220533.

New upcoming REOs:
#1. Koula Rd 3 bedroom 1 bath home in Hanapepe with Fannie Mae
#2. Liliokalani, Kilauea 3 bedroom 1 bath with Fannie Mae

Bank owned properties In escrow:
#1. 4801 Lae Rd, Kalaheo 3/2 in Kalaheo, needs some work. $365,000. MLS#219749.

This week’s changes show 2 new listings that are getting a lot of interest. Banks are pricing their property to sell and this is having an effect on Kauai market in general. If you have any questions about these properties or any other property on Kauai feel free to email me at julie@hisemail.net or call me at 808 652-6174. You can also find more info and photos on any property by plugging in the mls number on my web site at www.kauaidreams.com Aloha Julie.