Condo At Avenue One In Belltown, Last Sold at $287,000, Auction Price of $133,550

 

Foreclosures have been a little quiet lately (holidays, foreclosure settlement etc…). With that said, I always try to keep an eye on the market in case something pops up. Unit #601 at Avenue One is schedule to be auctioned off tomorrow morning. It originally sold for $287,0oo in 2005. The minimum bid is set for $133,550 (Bank of America). We’ll have to wait and see if it sells. Remember that all bank owned units go through this process. If it doesn’t sell at public auction, it “reverts” back to lien holder and will likely come back on the market as “bank owned”. If you guys ever have any questions or want to learn more about foreclosures, check out our foreclosure page or contact us.

If you want to learn more about the building, check out our Avenue One Profile Page.

 


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