A Beautiful Seattle Fixer (you won't believe what it sold for!)
SEATTLE, WA From time to time, I like to show you guys a listing I've had my eye on. And this fixer in the coveted Queen Anne neighborhood of Seattle had me pretty excited. Houses in this neighborhood are expensive even by Seattle standards, so when this 3bed/1bath listing came on the market for $556,000, we had to at least consider putting in an offer (we didn't). It has since sold to someone else for a crazy sum of money, but we'll get to that in a minute.
Pretty house, right? And it doesn't look too fixer-ish from the outside. But the finished 1650sf interior is another story...
And here's the real potential for profit...a 780sf unfinished basement!
I check local real estate on a daily basis, so I like to think I have a pretty good handle for what properties are worth in this market. But I was shocked (SHOCKED!) to find out what this old house sold for last month...
Yes, that is an eight followed by five zeros! And yes, I agree with you, this town has gone crazy. But I am really excited to see what the new owners do to the place, assuming they have some room left in their budget to renovate!
Update: Nice catch by reader, RLS! This house was renovated and sold again in November 2015 for...get this...$1,955,000...!!!
p.s. Frances McDormand on aging. Inspiring stuff.
p.p.s. I'm really into this industrial kitchen style. What about you...cool spaces, right?
p.p.p.s. We're building a shed (with reclaimed siding!) in the Ravenna House's backyard. Hoping to have it finished soon, but in the meantime you can catch updates on my Instagram page.