An empty plot of land in West Seattle sold recently for about $225,000, so the three-bedroom, one-bath home was listed for $200,000 at the end of April. The dangerous house sold for $427,000 after ‘insane’ bidding war
(excerpts from Seattle Times)“It’s important for Seattleites to acknowledge we’re in a very different world,” (broker)
It’s unclear what the new West Seattle owners plan to do with the 5,000-square-foot lot. The buyers, a local residential redevelopment firm called Tang Real Estate Investments, did not respond to requests for comment.
“That is insane, obviously,” said the listing agent, Bruce Phares of Windermere Real Estate. “
I’m absolutely flabbergasted, given how damaged the property was.” “With the conditions of the marketplace and things so slim, people are trying every approach they can,” he said. “It was amazing how many people who wanted to live in the neighborhood.”
Water damage in the basement fed toxicity concerns (“you’d walk in and your glasses would 
fog up,” Phares said). Various other bio-materials and mold hazards were also present. Instead of having it repaired or attempting to fix it alone, hiring a Water and Flood Restoration Company could have been more prudent in these circumstances. He also said there was debris filling the rooms, and even if you could avoid the floors falling out from underneath you, you might step on a nail. Kitchen appliances had deteriorated from all the moisture in the air. And some of the ceilings had collapsed. This is extremely unsafe. A Mold Testing Company needs to be contacted as soon as possible to inspect this mold to ensure it isn’t toxic. This property is properly unsafe to be in currently. The new owner of this house has a lot of work to do to get this house on the market.
fog up,” Phares said). Various other bio-materials and mold hazards were also present. Instead of having it repaired or attempting to fix it alone, hiring a Water and Flood Restoration Company could have been more prudent in these circumstances. He also said there was debris filling the rooms, and even if you could avoid the floors falling out from underneath you, you might step on a nail. Kitchen appliances had deteriorated from all the moisture in the air. And some of the ceilings had collapsed. This is extremely unsafe. A Mold Testing Company needs to be contacted as soon as possible to inspect this mold to ensure it isn’t toxic. This property is properly unsafe to be in currently. The new owner of this house has a lot of work to do to get this house on the market.