Kauai Real Estate REOs & Foreclosures

Blessings on Memorial Day to you and yours.

This post is a weekly update to the May 1, 2009 list. Please scroll down to the 5/1/09 list for a complete list of Kauai Hawaii Foreclosure & REO list.

NEW Upcoming: with Kauai Dreams Realty.

1. 1672 Kelaukia Rd in Lanai Villas in Poipu. This 3 bedroom 3 bath home in the exclusive subdivision of Lanai Villas in Poipu Kai bordering the greenbelt last sold for $1,650,000 in 2006. It is in excellent condition and is located in the VDA so vacation rentals are allowed. Steps away from the Hyatt and beach. I love the outdoor grill/kitchen off the back lanai. No price yet but you can call if you want my questimate.

Price Changes:
1. 2891-C Pua Nani St, Lihue. This is a spacious 4 bedroom, plus office, 2.5 bath home, $529,000 MLS#224496. An IndyMac REO.
2. 3295 Kilikina Place, Lihue. A 3 bedroom 2 bath home 1236 sq.ft. near a Park. $394,655. MLS#223411
3. 4754 Kalamania Rd #B, Kilauea. 1/1 2.98 acres $497,900 MLS#219109 Fannie Mae/Freddie Mac REO

It’s a holiday so I’m withholding my thoughts and comments until the next blog.
All available properties with MLS numbers can be plugged into my website at www.kauaidreams.com for more info and pictures. Or feel free to call or email me at julie@hisemail.net with any questions you might have or an appointment to see these properties. ALOHA JULIE

This post is a weekly update to the May 1, 2009 list. Please scroll down to the 5/1/09 list for a complete list of Kauai Hawaii Foreclosure & REO list.

New not yet listed but for sale:

1. 2888 Hoolako St, Lihue. The bank is not waiting for the occupant/former owner to move out. They will sell the house, while the home is in eviction. They have not given me a price and no interior inspection will be allowed by the occupant but if you want to try to pick up a bargain purchase terms are CASH, AS IS, No inspections, quick close.

New upcoming (but not with Kauai Dreams Realty (bummer)).
1. Kauai Beach Resort #4206 studio condo at the Hilton in the preferred building 4.
2. Vacant lot on Milia St in Kakela Makai in Kalaheo.

Price changes:
1.Mauna Ka 5A, Kao Kai Ph 1, Princeville. This 2 bedroom 2 bath condo boasts 1503 sq ft. of living area. This is the ground floor one level unit. Priced
at $299,900. MLS#223363. Owned by Green River Lendng.
2. 4119 Aheahe Place, Lihue. A 2 story home with a 3 bedroom 2 bath, kitchen living room on the top story and a large family room or other bedroom downstairs along with another bath. $447,900. MLS#222896.
3. Villas of Kamalii #44, Princville. A 3 bedroom 3 bath condo of 1825 sq.ft. living area and one car garage. $679,000. MLS#223314.

In escrow:
1. 4910 Aliali Road #5, Kapaa. This is a 3 bedroom 1.5 detached home that is part of Apopo Hale condominium project. $224,900. MLS#219935
2. 4912 Aliali Road #3, Kapaa. Another 3/1.5 in Apopo Hale. $212,000 MLS#220533
3. 3844 Kolula Rd, Hanapepe. 3 bedroom 1 bath cute. MLS#223657 $332,000. There are 2 separate REO properties on Koula Road. They are both in escrow.
4. Pono Kai #C209 2/2 Oceanfront condo. Kapaa. $424,900 MLS#218983.

Sold:
1. 4141 Queen Emma’s Dr. Villas On The Prince #3 1,737 #3 3/3 MLS#222697 $576,900 sold for $576,900 5/15/2009.

Off the Market:
#1. 924 Niulani, Oceanfront Kapaa. A 2 bd 1 bth home on a 12,613 sq.ft. lot for $749,900. MLS#221563 (title needs to be cleared.)

All available properties with MLS numbers can be plugged into my website at www.kauaidreams.com for more info and pictures. Or feel free to call or email me at julie@hisemail.net with any questions you might have or an appointment to see these properties. ALOHA JULIE

This post is a weekly update to the May 1, 2009 list. Please scroll down to the 5/1/09 list for a complete list of Kauai Hawaii Foreclosure & REO list.

New Listings:

#1. 2374 Oka St, Kilauea, HI This 3 bedroom 2 bath home is set up as a 2/1 & 1/1 as the interior stairway is block. You can unblock it and use it as a single family residence. Otherwise it’s pretty much in move in condition. $419,900. MLS#224048
#2. 3695 Kaweonui Rd, Princeville. 4 bedroom 2 bath good condition single family home on a quarter acre lot. $679,000 MLS#223822.

Price Changes:
1.924 Niulani, Oceanfront Kapaa. A 2 bd 1 bth home on a 12,613 sq.ft. lot for $749,900. MLS#221563
2.5086 Napookala Circle, Princville $842,900 MLS#220705. This home has a great location in Princeville, in Sunset Circle. Owned by Countrywide.
3.3995 Kamehameha Rd, Princeville, 3 bedroom 2 bath SFH of 2117 sqft. living area on a lot of 10244 sq.ft. $532,900 Countrywide REO. MLS#223366
4.Kamahana #4, Princeville. 2/2 condo reduced to $328,900 MLS 220199 Owned by Countrywide.

In escrow:
1. 5322 Kahala St, Kapaa 3 bedroom 1 bath home in very good condition for $342,000. MLS#221440.
2. 3834 Koula Rd, Hanapepe. Two older homes in the heart of Hanapepe town. $323,730. MLS#223522.
3. Kauai Beach Resort #1331. Ocean view condo at the Kauai Beach Resort (Hilton) REDUCED $93,900. MLS#217159 Chase REO.
4. 3834 Haulani Place, Princeville. 3/3 2048 sq.ft. home MLS#219148. Reduced to $588,900.

Back on the Market:
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.

All available properties with MLS numbers can be plugged into my website at www.kauaidreams.com for more info and pictures. Or feel free to call or email me at julie@hisemail.net with any questions you might have or an appointment to see these properties. ALOHA JULIE

Currently Listed Kauai REO’s (bank owned properties):

Residential:

1. NEW 4374 Mimilo Road, Kapaa. 3 bedroom 2 bath home in the Hundley Heights area of Kapaa. $415,000 MLS#223718
2. 1. 2891-C Pua Nani St, Lihue. This is a spacious 4 bedroom, plus office, 2.5 bath home, $569,000MLS#224496. An IndyMac REO.
3. NEW 3844 Kolula Rd, Hanapepe. 3 bedroom 1 bath cute. MLS#223657 $332,000.
4. 3295 Kilikina Place, Lihue. A 3 bedroom 2 bath home 1236 sq.ft. near a Park. $414,900. MLS#223411
5.5322 Kahala St, Kapaa 3 bedroom 1 bath home in very good condition for $342,000. MLS#221440.
6. 3834 Koula Rd, Hanapepe. Two older homes in the heart of Hanapepe town. $323,730. MLS#223522.
7. 3995 Kamehameha Rd, Princeville, 3 bedroom 2 bath SFH of 2117 sqft. living area on a lot of 10244 sq.ft. $532,900 Countrywide REO. MLS#223366
8. 2460 Kolo Road, Kilauea. 3 bedroom 2 bath home in the heart of Kilauea. bamboo floors. $454,900. MLS#222904.
9.4119 Aheahe Place, Lihue. A 2 story home with a 3 bedroom 2 bath, kitchen living room on the top story and a large family room or other bedroom downstairs along with another bath. $485,000. MLS#222896.
10. 3834 Haulani Place, Princeville. 3/3 2048 sq.ft. home MLS#219148. Reduced to $624,900.
11. 4910 Aliali Road #5, Kapaa. This is a 3 bedroom 1.5 detached home that is part of Apopo Hale condominium project. $224,900. MLS#219935
12. 4912 Aliali Road #3, Kapaa. Another 3/1.5 in Apopo Hale. $212,000 MLS#220533.
13. 5086 Napookala Circle, Princville $842,900 MLS#220705. This home has a great location in Princeville, in Sunset Circle. Owned by Countrywide.
14. 924 Niulani, Oceanfront Kapaa. A 2 bd 1 bth home on a 12,613 sq.ft. lot for $799,900. MLS#221563
15. 4754 Kalamania Rd #B, Kilauea. 1/1 2.98 acres $519,900 MLS#219109 Fannie Mae/Freddie Mac REO
CONDO:
1. Mauna Ka 5A, Kao Kai Ph 1, Princeville. This 2 bedroom 2 bath condo boasts 1503 sq ft. of living area. This is the ground floor one level unit. Priced
at $319,900. MLS#223363. Owned by Green River Lendng.
2.Villas of Kamalii #44, Princville. A 3 bedroom 3 bath condo of 1825 sq.ft. living area and one car garage. $699,900. MLS#223314.
3. Islander on the Beach #342. Studio condo on Kauai’s Coconut Coast. $189,000. MLS#223271
4. Islander On The Beach #321 372 #321 0/1 $145,000 MLS# 217190
5. Kauai Beach Resort #2506 307 #2506 0/1 MLS# 223038 $219,000
6. Kauai Beach Resort #1331. Ocean view condo at the Kauai Beach Resort (Hilton) REDUCED $93,900. MLS#217159 Chase REO.
7. Kauai Beach Resort #2544 320 #2544 0/1 MLS #223037 $219,000
8. Kauai Beach Resort #4110 320 #4110 0/1 MLS #223033 $239,000
9. Kauai Beach Resort #4214 360 #4214 0/1 MLS #223035 $309,000
10. Kuhio Shores #313, Poipu MLS#213644 to $590,900.
11. Pono Kai #C209 2/2 Oceanfront condo. $424,900 MLS#218983.
12. Kamahana #4, Princeville. 2/2 condo reduced to $328,900 MLS 220199 Owned by Countrywide.
13. Plantation at Princeville 3 bedroom 2 bath condo. Built in 1994. $499,900. MLS#215869.
14. Princeville Paniolo #103. 1/2 but set up is similar to 2 studios. $239,900. Freddie Mac.

Upcoming REOs: with Kauai Dreams Realty
1. 5796 Noni St, 4 bedroom 2 bath home. in Wailua Homesteads.
2. 148 Royal Drive, Wailua Homesteads. 2 homes on the rim.
3. Plantation Hale. 1 bedroom 1 bath on the Coconut Coast.
4. Hoolako 2 bedroom 2 bath house in Lihue. Awaiting eviction.
5. Koali St, Wailua Homesteads. 3 bedroom 2 bath home. Awaiting eviction.
6. Oka St, Kilauea, a 3/2 bath 2 story home with open beam.
7. Waialeale Estates, Kapaa. This is a 3 bedroom 2 bath home with 2 car garage in Kapaa. Price should be inbetween 300K and 400K.
8. Apopo Hale, Kapaa 4 bedroom 1.5 bath CPR home.
9. Apopo Hale #10, Kapaa 3 bedroom 1 .5 bath CPR home. Tile floors. Ocean peek.
10. Banyan Harbor #80 2 bedroom 2 bath condo in Lihue.
11. Waiakulua, Kilauea. A large estate in Kilauea farms. Previously listed prior to foreclosure for over $1.5 million. Awaiting eviction.
12. Laukona St, Hanamaulu. Large home across from the park.

(#14 to #17 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. Liliokalani, Kilauea 3 bedroom 1 bath with Fannie Mae
16. Laulea St. Eleele, 3 bedroom 1 bath home. In the eviction process
17. Lae Road, 3/2 In the eviction process.

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.
3. 276 Makani Road, Wailua Houselots 2 homes. $419,900. MLS#216350 Owned by WAMU.
4. 4141 Queen Emma’s Dr. Villas On The Prince #3 1,737 #3 3/3 MLS#222697 $576,900 .
5. Regency Huleia #21, Lihue. 2 bedroom 2.5 bath condo. Built in 1995. $353,600. MLS# 218226 .

Sold REOs or the month of April:
1. 4801 Lae Rd, Kalaheo 3/2 in Kalaheo, needs some work. MLS#219749. Listed $365,000 Sold for $379,000 4/20/2009.
2. HaleLani Village at Puhi #Z101. 2/2 condo for Listed $169,900 Sold for $174,582 on 4/23/2009 Owned by Fannie Mae. MLS#217388
3. Kauai Beach Resort #4208 $139,900 MLS#220882. This prime unit in building 4 last sold for $415,000. Owned by Chase.
4. 5027-A Puuwai Road, Kalaheo, 3 bedroom 4 bath home with ocean view. $678,900 Sold for $654,000 4/24/09 MLS#220522.

The Kauai Real estate market is continuing to show a steady pace of sales. There were 45 total closed sales for the month of April 2009, this is 5 more than March of 2009. January 2009 was only at 20 closed sales and February 2009 had 26 closed sales. While still below previous year’s numbers I think it does show confidence in today’s market. There should still be a steady stream of REO properties on Kauai until the end of the year.
All available properties with MLS numbers can be plugged into my website at www.kauaidreams.com for more info and pictures. Or feel free to call or email me at julie@hisemail.net with any questions you might have or an appointment to see these properties. ALOHA JULIE