About Kauai County, HI

Kauai REO, Kauai Foreclosures, Hawaii March 12, 2012 Update

Aloha,

If you;ve been watching the news this week, you know that Kauai was under flash flood warnings for a good part of the week. Princeville, on a couple of occasions, was “an island within an island” – cut off to the North by closure of the Hanalei Bridge (which also isolated Hanalei) and to the south by a mudslide on the Kalihiwai Bridge. When it rains as much as it did last week, I stay very close to home for fear of ending up on the wrong side of one of the “great divides.”

It’s pretty unusual for the Hanalei Bridge to stay closed for more than overnight, but it this case it was several days. On the up side, we saw waterfalls where they’ve never been seen before and / or waterfalls in unprecedented numbers.

All this rain didn’t dampen buyer’s sprits, as we saw 7 condos and one house go into escrow. Take a look:

NEW LISTINGS
252731 CND A 5 4-5-4-12-9-19 FS $529,000 Pali Ke Kua Iii #141 1,148 #141 2/2.00
252300 CND C 4 4-5-4-5-16-6 FS $325,000 Alii Kai At Hanalei #1202 1,086 #1202 2/2.00

BACK ON THE MARKET
249888 CND A 123 4-5-4-5-24-58 FS $465,000 Nihilani At Princeville Resort #20A 1,874 #20A 3/2.01

CONTINGENT SALES
251877 CND C 39 4-5-3-6-22-70 FS $659,000 Kaiulani Of Princeville #70 1,738 #70 2/2.01
252466 CND C 19 4-5-4-5-39-53 FS $195,000 Cliffs At Princeville #2303 1,137 #2303 1/2.00
252300 CND C 4 4-5-4-5-16-6 FS $325,000 Alii Kai At Hanalei #1202 1,086 #1202 2/2.00
244431 CND C 335 4-5-4-5-24-52 FS $330,000 Nihilani At Princeville Resort #18A 1,406 #18A 2/2.00
251097 CND C 69 4-5-4-5-23-45 FS $429,000 Plantation At Princeville #1211 1,153 #1211 2/2.00
250290 CND C 107 4-5-4-6-1-25 FS $550,000 Villas Of Kamalii #25 1,825 #25 3/3.00
232843 CND C 1452 4-5-4-12-11-14 FS $935,000 Puu Poa #114 2,065 #114 2/2.00 SALES
251115 CND S 30 4-5-4-5-39-178 FS $495,000 Cliffs At Princeville #8204 1,864 #8204 4/4.00
SOLD 3/5/2012 for $475,000 (CASH) DOM 30

PRICE CHANGES
251982 CND A 39 4-5-4-5-17-15 FS $249,900- Alii Kai Ii Hanalei #9G 1,037 #9G 2/2.00
236149 CND A 291 4-5-4-12-10-29 FS $399,000- Emmalani Court #422 1,192 #422 2/2.00
252005 CND A 38 4-5-4-11-3-15 FS $1,099,000- Hanalei Bay Resort #C25 1,705 #4204/5/6 3/3.00

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. Copyright ©3/11/2012

New Listings:
Pali Ke Kua 141 is back on the market with a new list price of $529K. Purchased for $205K in 1/99, this unit was previously listed from 5/09 to 11/11 starting at $765K and reducing to $544K. Ali’i Kai 1202 came on the market priced at $325K and showing in escrow. This property sold for $135K in 6/89.

Back on the Market:
Short sale Nihilani 20A is unfortunately back on the market. This Makani townhouse sold for $804,075 in 9/06. It first went into escrow on 11/19, came back on the market on 12/2, went back into escrow on 2/3 and fell out for the second time on 3/9. If you have a client looking for a nice Nihilani, here’s one more chance.

Contingent:
The developer’s Ka’iulani 70 went into escrow with a list price of $659K. Bank owned Cliffs 2303 went quickly into escrow with a price of $195K after selling for $395K in 8/04. It was foreclosed on in 2/12. As noted under “new listings,” Ali’i Kai 1202 came on the market showing as in escrow. Short sale Nihilani 18A is in escrow for the third time. It sold for $619,110 in 8/06. It’s not uncommon, unfortunately, for short sales to fall out of escrow. It doesn’t necessarily mean something is wrong with the property. More often than not, what occurs is a failure to agree between the price the bank wants and what the buyer is willing to offer. I always view it as another opportunity for my clients if we missed it the first or second time around.

Plantation 1211 found a buyer while listed for $429K. This unit sold from the developer in 1/06 for $470K. Villas of Kamali’i 25 was listed for $550K when it went into escrow this week. This townhouse style condo was purchased for $625K in 3/04. Bank approved short sale Pu’u Po’a 114 went into escrow priced at $935K. This ocean front condo sold for $1.4M in 3/05 and has been in escrow several times before. Let’s hope it stays in escrow this time.

Sales:
Cliffs 8204, a four bedroom ocean view REO, sold for $475K cash while listed for $495K. This property was foreclosed on in 10/10.

Price Changes:
Ali’i Kai 9G was listed for $265K and reduced to $249,900. This unit sold for $151K in 12/99 and was foreclosed on in 12/11. Emmalani Court 422 reduced from $427K to $399K and last sold as a foreclosure in 9/09 for $365K. Hanalei Bay Resort 4204/5/6 sold for $1.064M in 4/05 and went from $1.175M to $1.064M.

Now on to your Princeville home update:

NEW LISTINGS
252390 RES A 3 4-5-4-21-10 FS $699,000 3836 Kaweonui Rd 10,018 sqft 2,016 3/3.00
252791 RES A 6 4-5-4-10-44 FS $724,500 5348 Honoiki Rd 10,181 sqft 1,631 3/2.00
252778 RES A 4 4-5-4-24-4 FS $1,095,000 4194 Waileia Pl 9,632 sqft 3,480 4/2.02

BACK ON THE MARKET
248967 RES A 156 4-5-4-23-35 FS $575,000 3793 Moae Pl 6,386 sqft 1,651 3/2.00

CONTINGENT SALES
252278 RES C 24 4-5-4-17-30 FS $619,000 4841 Victoria Loop 12,679 sqft 1,494 3/2.00

SALES
241271 RES S 208 4-5-4-17-48 FS $499,000 4716 Emmalani Dr 15,967 sqft 1,942 3/3.00
SOLD 3/5/2012 for $528,000 (CNV) DOM 208

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. Copyright ©3/11/2012

3836 Kaweonui is my new listing, which last sold for $799K in 12/09 and is now listed for $699K. The home was remodeled between 2006-2007 and has tile floor throughout the main living area, carpeting in bedrooms, granite tile countertops, stainless steel appliances, a gas stove/oven, a gas fireplace in the downstairs master bedrooms along with a huge upstairs master retreat with it’s own sundeck. This home is easy to show – just give a call if you want more information or to see this property. Very private back and front yards!

Things seem to be slowly on the rebound, with all the great buys finally getting snapped up by buyers looking for a good value. The market will not always be this attractively priced so don’t sit on the sidelines too long or you may find yourself saying “I wish I had.”….like many were back in 2005. If you have questions about these or any other properties on Kauai, please do not hesitate to email me for the facts. Be an informed buyer or seller before you make an offer. Stay dry and we’ll hope to do the same.

Aloha Elaine

Hanalei Valley between storms.

Elaine Schaefer (R, CRS, GRI, ABR, SFR)
Broker in Charge – Princeville Resort Office
Certified Residential Specialist
Graduate, Realtor’s Institute
Accredited Buyer’s Representative
Short Sale and Foreclosure Resource Certification
Top Producer 100% Club

RE/MAX Kauai
Princeville Resort Office
POB 223632
Princeville, HI 96722
cell: 808 639 2935
home fax: 1 808 440 4552
email:soldonkauai@yahoo.com
website: www.KauaiRealEstateNow.com
blog: http://blogs.alohaliving.com/princeville-condo-sales/

……Making your real estate dreams
my business………

Aloha,

February 2012 didn’t quite surpass Feb 11 sales, coming in with 60 which is 4 short of the 64 sales last February. These numbers are much better than the recent past, which saw 40 sales in Feb 10, 26 sales in Feb 09, and 57 in Feb 08. Only Feb 07 had more sales, which was 83.

Overall, we’re ahead by 1 compared to this time last year – which had 122 sales. Year to date Feb 10 we only had 94 sales, which was better than year to date 09 with 46 sales. Year to date 08 had 107 while, once again, Feb 07 had a hearty 152 transactions.

In terms of sales volume, it’s no surprise, what with all the short sales and foreclosures, the volume is down 20% from $44M in Feb 11 to $25M in Feb 12. These numbers look huge when compared to Feb 10 with $20M in sales and Feb 09 which had a mere $11M. Feb 08 had $53M in sales volume while Feb 07 topped out at $64M. Year to date, the high was, of course, Feb 07 with $118M. Year to date Feb 08 was at $100M, 09 had $35M, 10 was at $42M, year to date Feb 11 had $83M in sales with this year posting $67M.

Median sales prices were down – for Feb 2012, the residential median was $427K, Feb 11 was $600K, Feb 10 – $443K, Feb 09 – $400K, Feb 08 – $760K and Feb 07 had a median of $601,500. Condo median for Feb 12 is $312,500, Feb 11 was $144,500. Feb 10 is at $313K, Feb 09 is $290K, Feb 08 was at $565K and Feb 09 was at $475K. Keep in mind these are median prices and not average pricing.

To see all the median prices, and the complete statistical report for February, please visit my website at www.kauairealestatenow.com where I post the stats every month.

Aloha Elaine

Hanalei Valley from the overlook after 4 days of flash flood warnings.

Elaine Schaefer (R, CRS, GRI, ABR, SFR)
Broker in Charge – Princeville Resort Office
Certified Residential Specialist
Graduate, Realtor’s Institute
Accredited Buyer’s Representative
Short Sale and Foreclosure Resource Certification
Top Producer 100% Club

RE/MAX Kauai
Princeville Resort Office
POB 223632
Princeville, HI 96722
cell: 808 639 2935
home fax: 1 808 440 4552
email:soldonkauai@yahoo.com
website: www.KauaiRealEstateNow.com
blog: http://blogs.alohaliving.com/princeville-condo-sales/

……Making your real estate dreams
my business………

Aloha,

Here we are in March already – we had an extra day in February but weren’t able to top the numnber of sales in Feb 2011 which was 64. This Feb we came close with 60 – 20 of which were condos compared to 24 last Feb. With interest rates holding steady, and banks seemingly getting more proficient at short sales, buyers are starting to step up to the many great opportunities. This week we saw one condo and three homes go into escrow. Take a look:

NEW LISTINGS
245906 CND A 3 4-5-3-6-22-29 FS $1,375,000 Kaiulani Of Princeville #29 2,864 #29 3/3.01
250490 CND A 3 4-5-3-6-22-6 FS $1,395,000 Kaiulani Of Princeville #6 2,843 #6 3/3.01
252627 CND A 6 4-5-4-5-18-2 FS $265,000 Puamana #1B 1,532 #1B 2/2.00
246456 CND A 3 4-5-4-5-17-42 FS $289,000 Alii Kai Ii Hanalei #13B 1,020 #13B 2/2.00
249586 CND A 3 4-5-4-5-17-49 FS $299,000 Alii Kai Ii Hanalei #14A 1,020 2/2.00
251908 CND A 5 4-5-4-12-8-3 FS $379,000 Pali Ke Kua Ii #3 993 #3 1/1.01
245756 CND A 3 4-5-4-5-24-37 FS $499,000 Nihilani At Princeville Resort #13A 1,874 #13A 3/2.01
246073 CND A 3 4-5-4-6-1-19 FS $629,000 Villas Of Kamalii #19 1,815 #19 3/3.00

BACK ON THE MARKET
243074 CND A 186 4-5-3-6-22-2 FS $1,250,000 Kaiulani Of Princeville #2 2,843 #2 3/3.01
236081 CND A 284 4-5-4-12-10-41 FS $455,000 Emmalani Court #524 1,192 #524 2/2.00

CONTINGENT SALES
246499 CND C 249 4-5-4-5-16-28 FS $380,000 Alii Kai At Hanalei #4104 1,086 #4104 2/2.00

SALES
240715 CND S 29 4-5-4-5-24-50 FS $385,000 Nihilani At Princeville Resort #17B 1,567 #17B 2/2.01
SOLD 3/2/2012 for $330,000 (CNV) DOM 29

245051 CND S 241 4-5-4-12-10-27 FS $389,000 Emmalani Court #415 1,456 #415 2/2.00
SOLD 2/29/2012 for $385,000 (CNV) DOM 241

WITHDRAWN
244026 CND W 340 4-5-4-5-39-159 FS $599,000 Cliffs At Princeville #7201 963 #7201 1/2.00

PRICE CHANGES
251877 CND A 32 4-5-3-6-22-70 FS $659,000+ Kaiulani Of Princeville #70 1,738 #70 2/2.01
246499 CND C 249 4-5-4-5-16-28 FS $380,000+ Alii Kai At Hanalei #4104 1,086 #4104 2/2.00

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. Copyright ©3/4/2012

New Listings:
Although it appears there are numerous new listings this week, six of the eight listings are actually “new” as a result of the list agent changing brokerage affiliation. These units are: Ka’iulani 29 and 6, priced at $1.375M and $1.395M respectively, Ali’i Kai 13B and 14A, with list prices of $289K and $299K, Nihilani 13A priced at $499K and finally, Villas of Kamali’i 19 with a price of $629K.
The two new listings are: Puamana 1B, a short sale listed for $265K after selling for $405K in 4/05 and Pali Ke Kua 3, which is listed for $379K with a prior purchase price of $85K back in 11/97. This is the first time on the MLS for both of these properties since the last sale.

Back on the Market:
Unfortunately, the developer’s Ka’iulani 2 is back on the market after going into escrow on 2/7. This unit is priced at $1.250M. Emmalani Court 524 went briefly into escrow on 2/21 but is now back on the market. It last sold as a short sale for $380K in 6/09.

Contingent:
Ocean view Ali’i Kai 4104 fell out of escrow on 3/1 at a new bank approved price of $380K up from $375K and went quickly back into escrow. It last sold for $950K in 8/05.

Sales:
Short sale Nihilani 17A sold for $330K while listed for $385K. This Moana unit sold for $637,113 in 7/06. Non short sale Emmalani Court 415 sold for $385K while listed for $389K. This condo sold for $610K in 5/05 and started out 241 days also listed for $499K.

Withdrawn:
Ocean view second floor Cliffs 7201 was withdrawn from the market after 340 days priced at $599K. It was purchased in 8/05 for $655K.

Price Changes:
The developer’s Ka’iulani 70 increased in price from $625K to $659K. Short sale Ali’i Kai 4104 moved up to a bank approved price of $380K from $375K.

Now on to your Princeville home update – there are no new listing. The update starts with “back on the market.”

BACK ON THE MARKET
245677 RES A 275 4-5-4-24-5 FS $635,000 4200 Waileia Pl 9,639 sqft 1,928 3/2.01
249007 RES A 136 4-5-4-4-9 FS $15,000,000 52-003 Hanalei Plant Rd 218.00 ac 1,811 4/2.01

CONTINGENT SALES
238795 RES C 531 4-5-3-12-30 FS $995,000 3982 Aloalii Dr 8,072 sqft 2,229 3/3.00
248967 RES C 149 4-5-4-23-35 FS $575,000 3793 Moae Pl 6,386 sqft 1,651 3/2.00
250356 RES C 89 4-5-4-19-15 FS $1,187,100 5111 Kuhina Pl 17,755 sqft 3,488 3/4.00

SALES
244861 RES S 256 4-5-4-22-16 FS $998,000 4036 Kaikioewa Pl 12,434 sqft 3,474 4/4.00
SOLD 2/29/2012 for $930,000 (CNV) DOM 256

EXPIRED
236140 RES X 224 4-5-4-14-26 FS $1,570,000 3925 Kamehameha Rd 20,093 sqft 3,925 4/3.01

WITHDRAWN
251113 RES W 56 4-5-4-4-52-1 FS $4,995,000 Hgfe Lot 13 Condominium #A 31,715 sqft 3,864 #A 4/3.01

TEMPORARILY WITHDRAWN
246652 RES T 240 4-5-4-21-28 FS $1,275,000 4865 Akai Pl 16,048 sqft 3,528 4/3.01

PRICE CHANGES
235661 RES A 619 4-5-4-13-30 FS $2,299,000- 3559 Kaweonui Rd 11,372 sqft 1,946 #0 3/2.01

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. Copyright ©3/4/2012

We’ve been under a flash flood warning for about a day now – and it’s still raining. Hanalei Bridge is closed – and the surf is up. As I’m typing this, I can see a couple and someone with a camera out on the bluff in the rain. The gal is in a white wedding dress seemingly oblivious to the rain. I guess they got married today and are getting wedding pictures taken regardless of the weather. It’s just funny to see a bride walking around in this weather when everyone else is all bundled up in rain gear with umbrellas.

Getting back to real estate – If you have any questions on these or any other proeprties, please do not hesitate to ask. Just send an email. I’m here to make sure you have the facts, before you buy or sell.

Aloha Elaine

Big surf in the rain.

Hanalei Valley taro fields – road is still closed.

Happy in the rain with her raincoat on!

Elaine Schaefer (R, CRS, GRI, ABR, SFR)
Broker in Charge – Princeville Resort Office
Certified Residential Specialist
Graduate, Realtor’s Institute
Accredited Buyer’s Representative
Short Sale and Foreclosure Resource Certification
Top Producer 100% Club

RE/MAX Kauai
Princeville Resort Office
POB 223632
Princeville, HI 96722
cell: 808 639 2935
home fax: 1 808 440 4552
email:soldonkauai@yahoo.com
website: www.KauaiRealEstateNow.com
blog: http://blogs.alohaliving.com/princeville-condo-sales/

……Making your real estate dreams
my business

Kauai REO, Kauai Foreclosures, Hawaii March 1, 2012 List

Kauai REO, Kauai Foreclosures, Hawaii REO, Hawaii Foreclosures. This blog is an update to the February 27, 2011 Kauai REO (bank owned property) list. It is updated weekly or on the 1st of the month and is based on the MLS inventory.

Kauai REO Homes for Sale:

1. 9912 Ula Pl, Waimea. 3 bedroom, 1 bath home. Owned by Deutsche Bank. MLS#251435. $259,900.
2. 3926 Waha Rd, Kalaheo – 2 bedroom, 2 bath home. $339,900. Owned by Wells Fargo Bank/OCWEN. MLS# 251438
3. 4312 Kai Ikena Dr, Kalaheo. 3 bedroom 3 bath 2 story home. MLS#249619. Reduced from $499,000 to $479,000. Owned by Oakmont Bank.
4. 6050 Halaulani Pl, Kilauea. Newer home on 2.05 acres – 2,724sqft. 3 bed, 3 full baths + 2 1/2 baths. MLS# 242046. $994,320. Owned by First Horizon Home Loans.

Kauai REO Condos for Sale:

1. Nihi Kai Villas at Poipu #402. 2 bedroom 2 bath condo in need of repair. Ocean view. MLS#251665. $568,300. Owned by BoA.
2. Halelani Village At Puhi Ph I #D202 – 2 bedroom, 1.5 bath condo. MLS#250010. Owned by Freddie Mac. $121,000.
3. Regency Huleia #67, Lihue – 2 bedroom, 2.5 bath condo.$279,900. Owned by Freddie Mac. MLS#249085.
4. Kauai Beach Resort #2311 – studio, 1 bath condo tel. #44,900. $44,900. MLS#252685.
5. Islander on the Beach #170. Studio Unit MLS#236327. $79,000. Owned by Pacific Rim Bank.
6. Islander on the Beach #371, Kapaa. Studio condo $79,000. Owned by Finance Factors LTD. MLS #232573.
7. Islander on the Beach #146, Kapaa. Studio condo $129,000. Owned by Central Pacific Bank. MLS#248873.
8. Plantation Hale K-1, Wailua Coconut Coast. 1 bedroom 1 bath condo. $99,000. MLS#248233. Owned by American Savings Bank.
9. Islander On The Beach #150, Kapaa. Studio condo unit. Ocean view, first floor unit. MLS#251618. Owned by Central Pacific Bank. $129,500.
10. The Cliffs #2203, Princeville. 1 bedroom 2 bath condo. $215,000. MLS#250122. Owned by American Savings Bank.
11. Alii Kai II #9G, Princeville. 2 bedroom, 2 bath Princeville condo. Owned by Freddie Mac. $189,999. MLS#251982.

Kauai REO Land for Sale:

1. Kukuiula Residential Subdivision Ph I Lot #83. 13,357sqft vacant lot in Kukuiula. Includes Kukui`ula Ownership Privileges and Amenities. $849,500. MLS#247168.

Kauai REO in Escrow:

1. Kiahuna #207, Poipu-2 bedroom 2 bath Leasehold ocean view unit. $425,000. MLS# 250684. Marketed by Wells Fargo.
2. Regency Huleia #36, Lihue. 2 bedroom, 2.5 bath condo. $230,000. Owned by Bank of America. MLS#251334.
3. Kalapaki Villas #301, Lihue, 2 bedroom 2 bath condo needs work. $94,900. Owned by PNC Bank. MLS#248731.
4. Islander On The Beach #149, Kapaa. Studio condo unit. Ocean view, first floor unit. MLS#251620. Owned by Central Pacific Bank. $129,500.
5. Sandpiper Village I #210, Princeville. 2 Bedroom and 2.01 Bath condo with Loft, $213,893. MLS# 246173.
6. The Cliffs #8204 – 4 bedroom, 4 bath ocean bluff condo. $495,000. Owned by Central Pacific Bank. MLS#251115.
7. Halelani #H202, Puhi – 2 bedroom, 1.5 bath condo. $103,500. Owned by HUD. MLS#250118
8. Islander on the Beach #269, Kapaa. Studio condo unit. MLS#238636. $78,000. Owned By Pacific Rim Bank.
9. Moana Kai Beach House A, Kapaa: 3 bedroom 2.5 condo. 1 of only 3 units in the project next to the Kapaa Harbor right by Baby Beach. MLS#249900. Priced at $413,000. Owned by Bank of America.
10. 1720 Mauna Ikena #B, Kapahi. Vacant land on a quiet street. 32,365 sqft. $199,000. MLS#243637 Owned by Central Pacific Bank.
11. 4540 Puolo Road, Hanapepe. Located on the river this large structure has zoning violations. $199,000. MLS#248066.
12. 4096 Oni Pl, Kalaheo – 3 bedroom, 2 bath home. $399,900. Owned by Fannie Mae. MLS#249670.
13. 4105 Puaole St, Lihue. 3 bedroom, 2 bath home. $390,000. Owned by Deutsche bank/OCWEN. MLS#251330.
14. 976 Niulani Road, Kapaa. 3 bedroom 2.5 bath, 2 story oceanfront home $707,100. Owned by Bank of America. MLS#245073.
15. 5921 Kapahi Road #B, Kapaa – 2 bedroom, 2 bath home. $389,900. Fannie Mae owned. MLS#250736.
16. 5918 Kaapuni Rd #A. 3 bedroom, 2.5 bath home. $389,000. On a half acre. Owned by Fannie Mae. MLS#251691.
17. 5105 Hekili Road, Kapaa. 4 bedroom 3 bath home with 3 car carport/garage. Reduced from $425,000 to $425,000. MLS#249230. Owned by Fannie Mae.
18. 4521 Mikala Pl, Wainiha. 2 bedroom 1 bath home. Price reduced to $159,900. Leasehold. Owned by US Bank National Association. Auction. MLS#239983.
19. 5158 Hauaala Rd, Kapaa. 3 bedroom, 3 bath home. Ocean view. $316,800. Owned by Chase. MLS#251172.

Kauai REO Sales for the Month of February:

1. Regency Huleia #61, Lihue – 1 bedroom, 1.5 bath condo. Freddie Mac owned. $245,404. MLS#250764. SOLD 2/29/2012 for $235,000 (CASH, CNV)
2. 3916 Niho Rd, Kalaheo – 4 bedroom, 3 bath home. $399,300. Owned by Bank of New York Mellon (BoA). MLS# 249219. SOLD 2/6/2012 for $405,000 (FHA)
3. 3735 #C Omao Road, Koloa. 1 bedroom 1 bath home $234,500. MLS# 246299. SOLD 2/10/2012 for $201,000 (CASH)
4. 3760-B Omao Road, Koloa. 3 bedroom and 2.5 bath home on 1.13 acres. $438,900. MLS #245270. Owned by Bank of New York Mellon TRS. SOLD 2/15/2012 for $500,000 (CASH).
5. 3684 Lala Rd, Lihue – 2 bedroom, 2 bath home. $205,800. Owned by Freddie Mac. MLS#249803. SOLD 2/6/2012 for $200,000 (CASH)
6. 5565-A Hauiki Rd, Kapaa – 1 bedroom, 1.75 bath home on 27.00 acre agricultural parcel, with a permitted 30 ft diameter yurt. $689,000. Owned by Central Pacific Bank. MLS#250351. Sold 2/24/2012 for $700,000 (CASH)
7. 4800-A Pelehu Rd, Kapaa – 1 bedroom, 1 bath cottage. $206,910. Owned by Chase. MLS#249200. SOLD 2/29/2012 for $206,910 (FHA).
8. 4677 Kahiliholo Rd, Kilauea. 4 bedroom, 3 bath Kalihiwai Ridge home on 7.99 acres. $1,100,000. MLS# 245847. Sold 2/2/2012 for $927,000 (CNV).

Wow since there is not a whole lot of REO houses on the market I’m going to share some photos of an upcoming REO.

Poipu REO. This should be coming on the market 2 to 4 weeks. It’s large and nice.

All available properties with MLS numbers can be plugged into my website atwww.kauaidreams.com for more info and pictures. Or feel free to call 808 652-6174 or email me at julie@hisemail.net with any questions you might have or an appointment to see these properties. Aloha Julie

Search all Kauai Homes at www.kauaidreams.com
Search the Kauai MLS at www.kauaidreams.com
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Kauai REO, Kauai Foreclosures, Hawaii REO, Hawaii Foreclosures. This blog is the March 1, 2012 Kauai REO (bank owned property) list. It is updated weekly or on the 1st of the month. (Photos of any property can be seen by taking the MLS number and plugging it into my web site www.kauaidreams.com)