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Bidding War Boosts Bellevue Home Sale Price Up 56%

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On June 2, the 5-BR/3.5 bath at 408 172nd Place NE in Bellevue's Lake Hills community hit the market asking $580K. Built in 1970, the home's interior is mostly original but the unobstructed views of Lake Sammamish from the living area is the real sell. Apparently it was such an attractive view, the home was under contract within ten days and eventually closed at $905K, a whopping $325K (56%) increase from the initial ask. Not only that but according to Redfin, 46 people submitted offers over those ten days. No word on how many jigs the seller is dancing but it is presumed to be many.
· 408 172nd Place NE, Bellevue [Redfin]