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Sheila Morales, R, CRS, ePRO, SFR

Kauai, HI Foreclosure REO Update July 1, 2010

Wow! Can you believe 2010 is half over? June was quite active with real estate sales. There were 72 closed sales for the month with 13 of those being REOs and also 6 short sales closed. The tax credit seems to have had the desired effect of encouraging sales. It remains to be seen if the trend continues now that the credit is gone. Many sellers are coming to grips with the current market values and are pricing their properties competitively with REOs so be sure to check out non REO properties too.

Here's a recap of current REO opportunities, those in escrow and solds.

Active REO Residential Listings

MLS Number

Street Number

Street

City

Bed

Bath

Price

235892

8894

KEKAHA RD

WAIMEA

2

1

$260,900

234901

330B

HUINA ST

KAPAA

3

3

$334,900

235840

5539

KUAMOO RD

KAPAA

2

2.5

$449,900

235986

6990

POMAIKAI ST

KAPAA

0

1

$479,900

234328

5691

WAIPOULI RD

KAPAA

5

3.5

$479,900

232984

4673

HAUAALA RD

KAPAA

2

1

$695,000

232990

1643

PAPAU ST

KAPAA

3

1.5

$249,900

236458

5587

KAWAIHAU RD

KAPAA

3

2

$252,500

235937

1781

AWA'A PL

KAPAA

3

2

$279,900

235152

5444

Olopua St

KAPAA

3

3

$359,900

235054

5176

HAU'OLI PL

Kapaa

4

3

$364,900

235837

5915

KAAPUNI RD

KAPAA

5

2.5

$551,000

234235

5617

HOKU RD

KAPAA

3

2

$557,900

235861

3610

MOLOAA RD

Moloaa

2

2.5

$745,000

234352

3837

HAULANI PL

PRINCEVILLE

3

2

$489,900

Active REO Condo Listings

MLS Number

Street Number

Street

City

Bed

Bath

Price

235336

3057

POIPU RD

KOLOA

2

2

$314,900

235952

1661

PEE RD

KOLOA

2

2

$349,900

234799

1970

Hanalima St

Lihue

2

1

$137,900

234252

2110

KANEKA ST

LIHUE

3

2.5

$445,500

235108

4156

RICE ST

LIHUE

2

1.5

$110,000

235218

4331

KAUAI BEACH DR

LIHUE

0

1

$49,900

234981

4331

KAUAI BEACH DR

LIHUE

0

1

$56,000

236029

4331

KAUAI BEACH DR

LIHUE

0

1

$64,900

234983

4331

KAUAI BEACH DR

LIHUE

0

1

$67,000

235617

Kuhio Hwy

Lihue

1

1

$83,200

223038

4331

KAUAI BEACH DR

LIHUE

0

1

$115,000

223037

4331

KAUAI BEACH DR

LIHUE

0

1

$115,000

231307

4331

KAUAI BEACH DR

LIHUE

0

1

$115,000

223033

4331

KAUAI BEACH DR

LIHUE

0

1

$135,000

236313

440

ALEKA PL

KAPAA

0

1

$89,000

236322

440

ALEKA PL

KAPAA

0

1

$89,000

234490

440

ALEKA PL

KAPAA

0

1

$94,000

234486

440

ALEKA PL

KAPAA

0

1

$119,600

236327

440

ALEKA PL

KAPAA

0

1

$119,600

234499

440

ALEKA PL

KAPAA

0

1

$119,600

234844

04-484

Kuhio Hwy

KAPAA

1

1

$139,000

231306

440

Aleka

KAPAA

0

1

$149,000

234481

440

ALEKA PL

KAPAA

0

1

$150,000

232573

440

Aleka

KAPAA

0

1

$155,000

236311

440

ALEKA PL

KAPAA

0

1

$160,000

230630

04-820

Kuhio Hwy F202

KAPAA

2

3

$439,999

235501

5451

KA HAKU RD

PRINCEVILLE

2

2.5

$659,900

REOs In Escrow

MLS Number

Street Number

Street

City

Bed

Bath

Price

234563

7870

AO PL

KEKAHA

3

1.5

$259,900

234468

3599

HORITA RD

KOLOA

4

2

$399,900

229540

4641

KUILEI ST

KALAHEO

6

5

$459,900

234804

4560-M

UHA RD

LAWAI

4

4

$699,000

232191

4560-J

UHA RD

LAWAI

4

3

$845,000

234878

5061

LAWAI RD

Koloa

1

1

$199,900

234179

1661

PEE RD

KOLOA

2

2.5

$379,900

235844

4202

MANO ST

LIHUE

2

2

$320,000

234846

481

KAMALU RD

KAPAA

1

1

$328,900

234492

440

ALEKA PL

KAPAA

0

1

$119,600

228473

04-818

KUHIO HWY

KAPAA

2

3

$674,900

235193

5457

Kula Mauu St

KAPAA

3

3

$352,900

234869

4910-C

WAILAPA

Kilauea

2

3

$595,000

231859

2365

OKA ST

KILAUEA

2

1

$245,900

230827

4800

Hanalei Plantation Rd

PRINCEVILLE

2

1

$194,900

232789

3880

Wyllie Rd

PRINCEVILLE

2

2

$229,999

234345

3880

Wyllie Rd

Princeville

2

2

$300,000

233385

4919

PEPELANI LP

PRINCEVILLE

3

2.5

$418,900

234870

5380

HONOIKI

PRINCEVILLE

2

2

$480,000

236113

5086

NAPO'OKALA CIR

PRINCEVILLE

3

3

$643,800

Sold REOs in June

MLS Number

Street Number

Street

City

Bed

Bath

Sold Price

233633

KAENA ST

KALAHEO

$155,000

235126

4627

PUAHAU PL

Eleele

4

2

$300000

233491

676

AKALEI ST

ELEELE

3

2

$329,900

234675

4421

KAI IKENA DR

KALAHEO

3

3

$540,000

231846

5050

LAWAI RD Unit #104

KOLOA

1

1

$344000

229487

1970

Hanalima St

LIHUE

2

1.5

$143,000

232974

3874

HUNAKAI ST

LIHUE

3

2.5

$413,000

232992

440

ALEKA PL

KAPAA

0

1

$89,000

234648

04-1542

KUHIO HWY

KAPAA

2

1

$280,000

235181

04-1078

Kuhio Hwy

KAPAA

3

2

$339,900

233920

2242

IOELA ST

KILAUEA

3

2

$342,000

232165

4462

I MUA PL

PRINCEVILLE

3

3

$379,900

231100

3780

Edward Rd

PRINCEVILLE

2

2

$448,900

For more information on Kauai, HI real estate you can visit my website at http://sheilamorales.com. Put in any MLS number, or search for any listed property. You can also call me at 808-652-1900, or email at sheila@sheilamorales.com

ePro, SFR, REO Specialist, NRBA

February 2, 2010 Kauai Foreclosure REO Update

January was an active month as far as sales. There were 52 sales total, 12 were REO properties. This is a big increase over January 2009 when there were only 20 sales, so it looks as if things are starting to turn around for the Kauai market.

For more information or to see all Kauai HI real estate listings you can visit my website http://www.sheilamorales.com

HOMES
MLS ADDRESS LOCATION BED BATH PRICE
223718 4734 Mimilo Rd Kapaa 3 1.5 394,900
227993 4679 Emmalani Dr Princeville 2 3 650,000
225954 3868 Olona St Koloa 3 1.5 399,000
229133 5276 Kahala St #2 Kapaa 2 1 344,900
230302 8894 Kekaha Rd #A Kekaha 2 1 322,900
226200 148 Royal Drive Wailua 5 3 599,900
230454 4922 Laipo Rd Kapaa 4 2 320,000
231409 4932 Aliali Rd #23 Kapaa 4 1.5 214,900
230996 1139 Moanikai Rd #1 Kapaa 3 3 599,900
CONDOS
MLS ADDRESS LOCATION BED BATH PRICE
223038 Kauai Beach Resort #2506 Lihue 0 1 125,000
223037 Kauai Beach Resort #2544 Lihue 0 1 125,000
223033 Kauai Beach Resort #4110 Lihue 0 1 145,000
228147 Kuhio Shores #104, Poipu 1 1 451,000
228473 Waipouli Beach Resort A304 Kapaa 2 3 1,013,900
229521 Sandpiper Village I #115 Princeville 2 2 224,900
229863 Villas At Puali #50 Lihue 3 2.5 339,000
230166 Makahuena unit 1203 Poipu 2 2 499,000
LAND
IN ESCROW
226360 5051 Laukona St Hanamaulu 8 4 472,500
227373 235 Ulaula Rd Eleele 3 2 274,900
223822 3695 KAWEONUI RD Princeville 4 2 580,150
227524 5095 Panini Pl Waimea 4 3 612,900
229487 Halelani Village AT PUHI D104 Puhi 2 1.5 143,000
229212 4619 Lehua St Kapaa 6 3 559,800
227416 4754 Kalamania Rd #B Kilauea 0 1 375,000
229540 4641 Kuilei St Lawai 6 5 459,900
230075 4769 Opukea St Hanamaulu 3 1 198,000
229751 Regency Huleia #68 Lihue 2 2.5 349,900
228148 8894 Kekaha Road Kekaha 105,900
225407 4345 Naulu Pl #A Omao 201,032
SOLD
Date Address Location Sold Price
1/29/2010 504 Laulea St Eleele 2 1.5 245,765
1/19/2010 4740 Hokuloa Pl Eleele 3 2 275,000
1/28/2010 1197 Pua Melia St Kalaheo 3 2 695,000
1/19/2010 4262 Oama Pl Puhi 3 2 279,900
1/15/2010 383 Laaukea Pl Wailua 3 2 300,000
1/28/2010 229 Koili Ln Wailua 4 2.5 297,500
1/29/2010 4691 Kanaele Rd Kapaa 2 1 390,000
1/28/2010 4919 Aliali Rd #10 Kapaa 3 1.5 201,800
1/29/2010 Prince Kuhio #337 Poipu 0 1 222,000
1/11/2010 Paradise Court AptB Elima St Lihue 2 2 187,000
1/28/2010 Banyan Harbor #80 Lihue 2 2 155,000
1/29/2010 Kauai Beach Resort #2308 Lihue 0 1 76,000

December 26, 2009 Kauai Foreclosure REO Update

As 2009 draws to a close it's natural to look back at how the year passed. Most everyone will agree that 2009 was a very tough economic year for nearly everyone. Jobs have been lost, hours cut back, while things we pay for have increased. Everyone has felt the stress of the economic decline this past year.

As we look forward to 2010 there is uncertainty but also anticipation that things will improve with the economy.

December has been a fairly quiet month on the foreclosure front. This is typical as lenders generally hold back foreclosing during the holidays.

Current bankowned properties:

HOMES
MLS ADDRESS LOCATION BED BATH PRICE
223718 4734 Mimilo Rd Kapaa 3 1.5 394,900
224854 5086 Napo'okala Cir Princeville 3 3 670,800
221563 924 Niulani Rd Kapaa 2 1 705,900
227993 4679 Emmalani Dr Princeville 2 3 650,000
225954 3868 Olona St Koloa 3 1.5 399,000
229133 5276 Kahala St #2 Kapaa 2 1 344,900
225407 4345 Naulu Pl #A Omao 5 4 211,613
225118 4919 Aliali Rd #10 Kapaa 3 1.5 219,900
230302 8894 Kekaha Rd #A Kekaha 2 1 322,900
230372 4420 Kai Ikena Dr. Kalaheo 3 2.5 534900
226790 4524 Lae Road Kalaheo 3 2 286,150
226200 148 Royal Drive Wailua 5 3 599,900
230454 4922 Laipo Rd Kapaa 4 2 320000
230089 04-4240 Kuhio Hwy Anahola 4 3 519,900

CONDOS
MLS ADDRESS LOCATION BED BATH PRICE
225936 Banyan Harbor #80 Lihue 2 2 179,000
223038 Kauai Beach Resort #2506 Lihue 0 1 125,000
223037 Kauai Beach Resort #2544 Lihue 0 1 125,000
223033 Kauai Beach Resort #4110 Lihue 0 1 145,000
227667 Hale Lani Village at Puhi W103 Lihue 2 1 145,000
228147 Kuhio Shores #104, Poipu 1 1 451,000
228473 Waipouli Beach Resort A304 Kapaa 2 3 1,013,900
228576 Kuhio Shore #311 Poipu 2 2 622,900
229489 ALII KAI AT HANALEI #5301 Princeville 2 2 544,900
229468 Kuhio Shores unit 204 Poipu 1 1 419,900
229521 Sandpiper Village I #115 Princeville 2 2 224,900
229621 Hale Lani Z104 Lihue 2 2 166,900
229863 Villas At Puali #50 Lihue 3 2.5 339,000
230166 Makahuena unit 1203 Poipu 2 2 499,000
230507 Alii Kai At Hanalei #7201 Princeville 2 2 438,800

November 15, 2009 Kauai Foreclosure REO Update

Here is the mid November update on the listed, upcoming and sold Kauai bank owned properties. As you can see the upcoming inventory continues to increase.

HOMES
MLS ADDRESS LOCATION BED BATH PRICE
223718 4734 Mimilo Rd Kapaa 3 1.5 409,900
224854 5086 Napo'okala Cir Princeville 3 3 698,800
227283 504 Laulea St Eleele 2 1.5 245,765
227363 4691 Kanaele Rd Kapaa 2 1 419,000
221563 924 Niulani Rd Kapaa 2 1 734,900
227993 4679 Emmalani Dr Princeville 2 3 650,000
227416 4754 Kalamania Rd #B Kilauea 0 1 375,000
225954 3868 Olona St Koloa 3 1.5 399,000
226790 4524 Lae Road Kalaheo 3 2 320,250
229133 5276 Kahala St #2 Kapaa 2 1 359,900
229420 383 Laaukea Pl Wailua 3 2 300,000
CONDOS
MLS ADDRESS LOCATION BED BATH PRICE
225936 Banyan Harbor #80 Lihue 2 2 199,000
223038 Kauai Beach Resort #2506 Lihue 0 1 125,000
223037 Kauai Beach Resort #2544 Lihue 0 1 125,000
223033 Kauai Beach Resort #4110 Lihue 0 1 145,000
227667 Hale Lani Village at Puhi W103 Lihue 2 1 164,900
228147 Kuhio Shores #104, Poipu 1 1 469,900
228473 Waipouli Beach Resort A304 Kapaa 2 3 1,044,900
228576 Kuhio Shore #311 Poipu 2 2 647,900
228932 Prince Kuhio #337 Poipu 0 1 227,000
UPCOMING
Halelani Village Lihue 2 1.5
Makahuena unit 1203 Poipu 2 2
1197 Pua Melia St Kalaheo 3 2
Koloa Town - 2 houses Koloa 6 4
Waiakulua Estate Kilauea
7162 Aleaalea Rd Haena
Huina Road Wailua 2 1
Hale Lani Z104 Lihue 2 2
Bryswood Terrace Kalaheo 3 1
Villas Of Puali #50 Puhi 3 2.5
Kaha Lani 109 Kapaa 1 1
Sandpiper #15 Princeville 2 2
Hoonani St Poipu
Waialeale Estates Kapaa 3 2
Apopo Hale #23 Kapaa 4 1.5
Waiakulua Kilauea
2888 Hoolako Lihue 2 2
Pohina St Hanamaulu
HunaKai St., Lihue
Makoa Hanapepe
Tapa St Koloa 4 2
Kuhio Shores Poipu
7162 Aleaalea Rd Haena
Hale Honu 2A Princeville 2 1
Regency at Huleia Puhi 2 2.5
Banyan Harbor #70 Lihue 2 1.5
4277 Puaole Street Lihue
Off Kuhio Hwy Anahola 3 2
Plantation Hale K-8 Kapaa 1 1
Kai Ikena Dr. Kalaheo 3 2.5
Mano St Puhi 2 2
Olohena Road Wailua
4922 Laipo Rd Kapaa 4 2
Opukea St Hanamaulu 3 1
SOLD
Date Address Location Sold Price
11/9/2009 4726 Mimilo Rd Kapaa 3 2.5 337,000

Feel free to contact me by email sheila@sheilamorales.com or on my cell phone 808-652-1900

for information on these and other available properties.

November 1, 2009 Kauai Foreclosure REO Update

Well another month has rolled around!! Time sure seems to be moving faster and faster!

The market saw more sales in October- total with 10 being foreclosed properties. (REO).

Upcoming REO properties are continuing to increase, These are not listed yet, but have been foreclosed on by the banks.

Current REO Listings and sales:

HOMES
MLS ADDRESS LOCATION BED BATH PRICE
223718 4734 Mimilo Rd Kapaa 3 1.5 409,900
224854 5086 Napo'okala Cir Princeville 3 3 698,800
227283 504 Laulea St Eleele 2 1.5 245,765
227363 4691 Kanaele Rd Kapaa 2 1 419,000
221563 924 Niulani Rd Kapaa 2 1 734,900
227993 4679 Emmalani Dr Princeville 2 3 650,000
227416 4754 Kalamania Rd #B Kilauea 0 1 375,000
225954 3868 Olona St Koloa 3 1.5 299,000
226790 4524 Lae Road Kalaheo 3 2 320,250

CONDOS
MLS ADDRESS LOCATION BED BATH PRICE
225936 Banyan Harbor #80 Lihue 2 2 199,000
223038 Kauai Beach Resort #2506 Lihue 0 1 125,000
223037 Kauai Beach Resort #2544 Lihue 0 1 125,000
223033 Kauai Beach Resort #4110 Lihue 0 1 145,000
223271 Islander On The Beach #342 Kapaa 0 1 159,000
227667 Hale Lani Village at Puhi W103 Lihue 2 1 164,900
228147 Kuhio Shores #104, Poipu 1 1 498750
228473 Waipouli Beach Resort A304 Kapaa 2 3 1,060,900
228576 Kuhio Shore #311 Poipu 2 2 660,900
228932 Prince Kuhio #337 Poipu 0 1 227,000
LAND
228148 8894 Kekaha Road Kekaha 114,900
SOLD
Date Address Location Sold Price
10/2/2009 4119 Aheahe PL Lihue 3 3 396,000
10/8/2009 Plantation At PV #422 Princeville 3 3 440,000
10/9/2009 3995 Kamehameha Rd Princeville 3 2 453,000
10/16/2009 Sun Village #C312 Lihue 1 1 96,650
10/13/2009 Nihilani At Princeville Resort #14A Princeville 3 2.5 490,000
10/9/2009 Makahuena #IIA304 Poipu 3 2.5 523,900
10/15/2009 2460 Kolo Road Kilauea 3 2 366,200
10/20/2009 2891-B Pua Nani St #2 Lihue 4 2.5 440,000
10/26/2009 5796 Noni St Wailua 4 2 399,900
10/20/2009 5625 Kula Mau'u St Kapaa 5 4 360,000