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

One Lincoln Tower

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 a second home. They paid just $1.00 over minimum bid – $828,928.  In my opinion, if #3905 was on the market today, it would easily fetch a $1,000,000. Interested in foreclosures? Feel free to get in touch – contact us.

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