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

Matt , Urbnlivn's publisher, has a love for lofts, floating homes and mid-century moderns.

For years Matt resisted becoming a real estate agent preferring to be an executive at Redfin but he recently caved in the spring of 2014 and became an agent. If you're interested in working with Matt, drop him a line at matt@urbnlivn.com. You can also find Matt on Twitter or skiing.