SEATTLE — The real estate market in Seattle is expensive, and rising interest rates are making things incredibly difficult for homebuyers.
One listing in north Seattle caught our eye and it wasn’t necessarily because of the price tag, but moreso the condition the house was left in.
Having spent over 200 days on the market with an initial price tag of $835,722, the home has been reduced multiple times, sitting at $665,000 as of Monday evening. It’s a two bed, one bath, 1,600 square-foot home left completely abandoned and untouched for years, according to longtime neighbors.
We’re told the price reflects property value and not home value — but even so, pictures found from the initial listing Monday morning raised some questions.
In a photo that has since been deleted from Redfin and Zillow, the bathroom appears to have red smudges across the shower wall, shower floor, and sink. It appears to be photoshopped, although no one has returned our calls to confirm what exactly the red smudge is or is not.
For many buyers, a listing of this nature is discouraging. For over a half million dollars, most would hope that could afford something livable.
Neighbors tell KIRO 7 that they would like to see somebody come in and take ownership of that house, and others hope that the home can be salvaged.
We’re told the property is almost 6,500 square feet and would be perfect for a duplex or even triplex. Tucked in a quiet and well-kept neighborhood and close to Northgate Mall and the freeway, the location checks many buyers’ boxes.
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