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Updated over 8 years ago, 09/24/2016

User Stats

368
Posts
120
Votes
Pete Perez
  • Engineer/Real Estate Investor
  • Renton, WA
120
Votes |
368
Posts

Question About Recent Flips in Tacoma

Pete Perez
  • Engineer/Real Estate Investor
  • Renton, WA
Posted

Hello BP,

I have a question about two recent flips that sold in Tacoma WA (about 30 miles from Seattle). I was looking at recent homes that sold and identifying which ones were flips to figure out what investors are paying for flips and what they're selling them for. I had a question on these two properties

To anyone local to the area, is it a matter of neighborhoods being more desirable? Or even to anyone outside of the area with an objective observation?I am trying to figure out what the sales price on these two homes were so drastically different? I provided links to look at the retail photos.

Thanks,

Pete

https://www.redfin.com/WA/Tacoma/835-S-Pine-St-984...

https://www.redfin.com/WA/Tacoma/1725-S-Ainsworth-...

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