Kauai REO, Kauai Foreclosures, Hawaii REO, Hawaii Foreclosures. This blog is the November 1, 2009 Kauai REO (bank owned property) list. It is updated weekly.
Upcoming Kauai REOS will be featured in next weeks blog but here is a sneak preview.
Kauai REO Homes Listed for Sale:
1. 4374 Mimilo Road, Kapaa. 3 bedroom 2 bath home in the Hundley Heights area of Kapaa. $409,900 MLS#223718.
2. 504 Laulea St, Eleele. 2 bedrom, 1.5 bath home. The broken window was repaired and now qualifies for FHA/VA financing. MLS# 226481. Reduced $245,765.
3. 4691 Kanaele Road, Kapaa. A 2 bedroom 1 bath new home and detached large garage on a lot of 22470 sq.ft. reduced to $419,000. Most likely you can build another home on this property. MLS# 227363.
4. 3868 Olona St, Koloa. Taken off the market as the previous owners were still inside the home is now vacant but it is stripped/vandalized. $299,000. MLS#227506 Owned by LJL Mortgage Pool LLC.
5. 924 Niulani Rd, Kapaa. Oceanfront home. 2 bedroom 1 bath on a lot of 12,613 sq.ft. $734,900 Countrywide/BoA REO MLS#221563.
6. 4574 Kalamania Rd Apt 1 , Kilauea, HI. Fannie Mae bank owned. 1/1 bath home on 1.98 acres. MLS#227416. Reduced to $375,000.
7. 4679 Emmalani Dr, Princeville. There is 1861 sq.ft. of living area. Previous MLS listings have this as a 4 bedroom 3 bath the current listing and tax records have it as a 2 bedroom 3 bath. $650,000 MLS#227993.
8. 5086 Napookala Circle, Princeville $698,800 MLS#224854. This home has a great location in Princeville, in Sunset Circle. BoA owned.
9. 4524 Lae Rd. Kalaheo, 3 bedroom 2 bath home. Reduced to $320,250. Owned by Aurora Loan Services. MLS# 226790. Back on the Market.
Kauai REO Condos Listed for Sale:
1. Just Listed-Prince Kuhio #337, Poipu. This is a top floor end studio upgraded unit with ocean views. Owned by IndyMac-OneWest bank. $227,000. MLS# 228932
2. Waipouli Beach Resort A304, Kapaa. This is an oceanfront/beachfront newer upgraded high end 2 bedroom 3 bath condo in great condition with great views. $1,060,900. According to tax records this is owned by US Bank National Association Trustees. Click on icon for virtual tour. 
MLS#228473.
3. Banyan Harbor G-80, Lihue. A 2 bedroom 2 bath fully furnished condo with partial ocean view. REDUCED to $199,000. MLS#225936
4. Kuhio Shores #104, Poipu. 1 bedroom 1 bath oceanfront project ground floor unit. $498,750. MLS#228147
5. Kuhio Shores #311 Poipu. 2 bedroom 2 bath oceanfront project with Bank of Amercia. $660,900 MLS#228576.
6. Islander on the Beach #342. Studio condo on Kauai’s Coconut Coast. Owned by Pacific Rim Bank. $159,000. MLS#223271.
7. Kauai Beach Resort #2506. 307sqft 0/1 MLS# 223038 $125,000. Finance Factors REO.
8. Kauai Beach Resort #2544. 320sqft 0/1 MLS #223037 $125,000. Finance Factors REO.
9 .Kauai Beach Resort #4110 320sqft 0/1 MLS #223033 $145,000 Finance Factors REO.
Vacant land:
1. 8894 Kekaha Road. This is a vacant CPR lot of approximately 3921 sq.ft. $114,900. BoA REO MLS#228148.
In Escrow:
1. Kua Aina lot 42. Kakela Makai, Kalaheo. A split level lot with unobstructed ocean & mountain views. $209,000. MLS# 228005 Owned by IndyMac/OneWest Bank.
2. 4107 Kawili St, Lihue. 3 bedroom 3 bath modern home in Molokoa. Granite counter tops, spa tub 7 tile floors. $559,900. MLS#227900. A bank of America REO.
3. 1672 Kelaukia Rd in Lanai Villas in Poipu. $982,900. This 3 bedroom 3 bath home in the exclusive subdivision of Lanai Villas in Poipu Kai bordering the greenbelt. It is in excellent condition and is located in the VDA so vacation rentals are allowed. Steps away from the Hyatt and beach. MLS#225197
4. 5095 Panihi Place, Waimea Heights. This is a 4 bedroom 3 bath home in the Waimea Heights subdivision with a gorgeous coastline view. It is a Freedie Mac/Fannie Mae REO and qualifies for Homepath financing with as little as 3% down! $612,900. MLS#227524.
5. 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 $209,000. MLS#226523.
6. 4919 Aliali Road, Apopo Hale #10, Kapaa. This is a 3 bedroom 1.5 home/detached condo. Tile floor. HOA fees $251.16 monthly. Includes water, yard care and other services. MLS#225118. $219,900.
7. 4619, 4623 & 4623A Lehua St, Kapaa. Three plantation cottages zoned for commercial or residential use. $644,900. MLS# 226240.
8. 4262 Oama Place, Puhi (Lihue). This 3 bedroom 2 bath home near shopping and schools. 2 windows are broken and flooring is needed in the bedrooms. The location is great. Near schools and town. IndyMac REO. $354,000. MLS#226132.
9. 4345 Naulu Place, Koloa. Located off of Omao Road this property is a true fixer upper. It has some nice features and it also has damage, rot and mold. It is part of a CPR. $211,613. MLS#225407. Chase REO.
10. 229 Koili Ln, Wailua Homesteads. A 3 bedroom 2.5 bath home in need of work as former owner tried remodeling rooms into studios. A great price. $297,500 MLS#225851. Wells Fargo REO.
11. 235 Ulaula Road, Eleele. 3 bedroom 2 bath home with oceanview. MLS#227373. $274,900. There was at least 9 offers on this house.
12. 4726 Mimilo Rd, Kapaa. Spacious 3 bedroom, 2.5 bath Kapaa home with cozy fireplace. $336,600. MLS#227235.
13. 148 Royal Drive, Wailua Homesteads. This is a large older main house of 4 bedrooms and 2 baths (maybe 3) and a 1 bedroom 1 bath cottage on 1.8 acres on the rim in Wailua for only $599,900. MLS#226200.
14. 4740 Hokuloa Place, Eleele. 3 bedroom 2 bath home. REDUCED to $289,900. Garage has been turned into a family room. Fenced MLS#225781
15. Halelani #Y204, Lihue. 2 bedroom, 2 bath condo at Halelani Village in Puhi. Owned by GMAC $154,900. MLS# 227281
16. Halelani Village #S106. 2 bedroom, 2 bath unit on the first floor. Bank of America REO. MLS#227147
17. 5051 Laukona St., Hanamaulu 8 bedrooms 4 baths. Across from the park. $457,500. MLS#226360.
Sold Kauai REO Property (Month of October)
1. 2891-C Pua Nani St, Lihue. This is a spacious 4 bedroom, plus office, 2.5 bath home, $449,000 MLS#224496. An IndyMac REO. Sold for $449,000 CNV 10/20/09.
2. 5625 Kula Mau’u St, Kapaa. Indymac owned 4 bedroom 3 bath home with an attached legal 1 bedroom 1 bath Additional Dwelling Unit in good condition for only $360,000. MLS#226512. Sold for $361,000 10/20/09.
3. Sun Village Kauai #C312. 1 bedroom, 1 bath leasehold condo on 3rd floor of Sun Village, an adult only/retirement community. $100,000. MLS# 226515. Sold for $96,650 cash 10/16/2009.
4. Nihilani at Princeville #14A. This is a 3 bedroom 2.5 newer condo in Princville. $489,900. MLS#225806 Sold for $490,000 10/13/2009 CNV.
5. 4119 Aheahe Pl, Lihue. 3 bedroom, 3 bath. $447,900. Sold $396,000 CNV 10/2/2009. Owned by Fannie Mae . MLS#222896.
6. 5796 Noni St., Wailua Homesteads. 5 bedroom/2 bath, 2 story home. The exterior is in good condition but the interior needs some repair as remodeling was started but not completed. $399,900. Owned by American Home Mortgage Servicing Inc. MLS#226761 Sold for $399,900 FHA on 10/26/2009.
7. Plantation at Princeville #422. 3 bedroom, 3 bath condo. Has pool, spa, AC. A GRP Loan REO. $469,900. Sold for $440,000 Cash 10/8/2009. MLS# 215869
8. Makahuena #IIA304, Poipu. 3 bedroom, 2.5 bath condo with ocean views, pool, spa and tennis courts. Owned by Aurora Loan Services. MLS#227174. Listed & Sold for $523,900. CNV 10/9/2009
9. 3995 Kamehameha Rd, Princeville, 3 bedroom 2 bath SFH of 2117 sqft. living area on a lot of 10244 sq.ft. $471,900 BoA REO. MLS#223366 Sold for $453,000 10/9/2009 Cash.
10. 2460 Kolo Road, Kilauea, 3 bedroom 2 bath home. $388,250 sold for $366,200. CNV. 10/15/2009.
According to the Kauai MLS there were 50 closed sales for the month of October 2009. 10 of these or 20% were REO properties. My guestimate is that these figures will probably remain the same to the end of the year. According to one REO bank insider banks may be holding off on foreclosures and evictions around the holidays but then will be stepping it up again in January. Kauai foreclosures & REO inventory should continue until at least another 6 to 12 months. I would think by this time next year the REO inventory will be slowing down. My peronal REO upcominginventory is at 21 properties . These properties will be featured in next weeks 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 mailto:julie@hisemail.net with any questions you might have or an appointment to see these properties. ALOHA JULIE
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