1 Bedroom At 2200 Westlake Sells At Auction, Last Price $371,000, Sold for $252,200

2200 Westlake Exterior

The sale of the weekend has to be #w504 at 2200 Westlake. I had been watching this unit for a few months and it finally sold. It had originally been on the auction block in December - the minimum bid price set by the bank was $205,734. 2 months later, the bank set the minimum at $221,995. I'm sure they had done their homework with the market and it appears they had little issue … [Read more...]

Luxury 2 Bedroom Purchased for $1,425,000 in 2008, Sold for $828,927 at Friday’s Auction

One_Lincoln_Views

Remember this post from last Friday? We wrote about unit #3905 at One Lincoln Tower. The 1,516sf condo was owned by Mastro associate Thomas Hazelrigg. On Friday morning the luxury unit was headed to the King County Foreclosure auction. It had a minimum bid of $828,927. Well, it sold. The new owner has to be thrilled. From what I've heard they are going to use the condo as … [Read more...]

Mastro Associate Hazelrigg Is Losing A Condo Today Through Foreclosure

One Lincoln Tower

Thomas Hazelrigg who was a long time friend and business associate of  Mike Mastro has a condo going to foreclosure today. Mastro was the local real estate mogul gone broke that was recently in the news for being apprehended in France by the US authorities. Hazelrigg who made a career of "hard money" lending borrowed millions from Mastro and is now subject to bankruptcy … [Read more...]

2 Bed Seattle Condo Last Sold For $950,000, Now $484,731

Seattle Heights

This is for real. There is a 2 bedroom condo that is going to auction this morning that has an interesting story. It last sold for $950,000 in November of 2006. The minimum bid that Bank of America has set for today's auction is $484,731. Yep. Almost a $500,000 reduction from its last sale price. Unit #2101 is 1,332 sq ft and sits on the 21st floor of Seattle Heights in … [Read more...]