Kona Homes Sold at Big Island Auction Under $200K

Last week 2 properties were sold to the highest bidder, and deals were made. There were over 20 attending, and 5 bidders.

One home, (MLS# 235275), is currently listed at $337,900, and sold to the highest bidder last week at a public auction, held by Williams & Williams, and was won for $195,000.

This home, (MLS# 235998), is currently listed at $143,900, and sold to the highest bidder last week for $35,000. Yes, $35,000.

For future auctions contact me, Tara Kelly, RS, for more information (808) 542-6014.

View my favorite Big Island Foreclosures →

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5 Responses to “Kona Homes Sold at Big Island Auction Under $200K”

  1. David Buck
    November 22, 2010 at 9:25 pm #

    Wow Tara! Was that sale Fee Simple or Leasehold? If Fee Simple, I thought you could only find those types of prices in the middle of the U.S., not in Hawaii? Sounds like someone got a good deal :)

  2. Heidi White, R(S)
    November 23, 2010 at 7:11 am #

    Wow that is a great deal. When it comes to foreclosures and auctions you are staying on top of the action Tara. Thanks for the information!

  3. Tara Kelly
    November 23, 2010 at 7:47 am #

    Aloha Dave & Heidi,
    Yep fee simple! Deals are being made on the Kona Coast! Mahalo for your comments.

  4. Carol
    January 17, 2011 at 10:04 pm #

    Tara, I went to a Williams and Williams auction recently, and learned that if the winning bid does not satisfy the bank, the bidder deposit is returned and the bank tries another avenue.
    Do you know if the last sale $35,000 actually went through?


  5. Tara Kelly
    January 18, 2011 at 8:40 am #

    Aloha Carol,

    From what I can tell the bid was not accepted by the bank and is now for sale again but at $122,600. Too bad.

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