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Bellevue Bidding War Home Flips & Sells For $200K Profit

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Remember the Bellevue home we profiled back in April that received 44 offers? In case you don't, the home was listed for $395K in March and sold for $465K following the bidding war. The new owners remodeled the property, including a complete overhaul of the kitchen and bathrooms. They also added a theater room and a sleek bar. They put it back on the market for $699K on July 25 but dropped the price to $674K a month later. The home sold for $674K on Tuesday. Obviously they put a lot of money into the remodel but that's still a near-$200K turnaround. Good flippin', you guys.

· This $465K Bellevue Home Incited A 44-Offer Bidding War [CS]
· 16511 SE 28th St, Bellevue [Redfin]