Trace Loft Next To Ours is For Sale

Our neighbor is selling her condo at Trace Lofts. Unit 202 is 663 square feet. 1 bedroom. 1 bathroom. And is priced at $299k. Perhaps we should buy it to combine with ours? :)

This unit has had an interesting history:

9/17/2007 – Bought for $375,000 with a 0% down loan
11/1/2010 – Stop paying their mortgage of $2,189.96/month
1/25/2011 – Notice of default
2/25/2011 – Notice of trustee’s sale
5/27/2011 – Auction at King County Administration Building
6/2/2011 – Notice posted on unit that it is now owned by Fannie Mae and that it needs to be vacated
7/6/2011 – Listed for sale on the MLS
8/1/2011 – Pending
9/29/2011 – Sold for $266,800
4/9/2013 – Listed for $299,950

Let’s just say we’ll be watching this one closely to see how underwater we are!

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About Matt Goyer

I love condos, lofts, floating homes, new construction and mid-century moderns so much so that since starting this blog in 2006 I've written over 2,000 blog posts about them!

For years I resisted becoming a real estate agent preferring to be a marketing executive at Redfin but after leaving Redfin (after seven years!) I caved in the spring of 2014 and became a broker. So if you need help finding that "Urbnlivn-style" place or selling your home email me at matt@urbnlivn.com, I'd be happy to help you.

Prior to Urbnlivn and Redfin, I worked at Microsoft after graduating from the University of Waterloo with a Bachelor of Mathematics with a major in computer science.

You can also find me on Twitter, @MattGoyer, or LinkedIn.