FINALLY!
FINALLY! Is all I can think of to say about this amazing Historic Tudor on "I" Street. Built in 1903 for A.J. Rhodes by the great architect, Ambrose Russell, this poor house has basically been treated like an abandon child who's been bounced from foster home to foster home. Since it's initial sale, a little over a year ago, to an investor who's intention was to flip it and make some money, it has become so dishevelled and abused that the original owners find it hard to drive by it.
Let me tell you about the original owners. We'll call them C and M. C and M left their home a little over a year ago after living there for a jillion years. They are an elderly couple who were fastidious about the maintenance and upkeep of the place. M grew up in that house; it was her childhood home, so you can only imagine how much it meant to her. The young couple with baby that came to purchase the home, said they wanted to raise their kids there and that they loved it. C and M couldn't have been happier that a family would be living in the home. Ha! Mr. Buyer had only one intention and that was to flip it. Apparently his other finished flippers, did not sell, the market took a dive and his other properties went in to bankruptcy, and no longer had the financial potential to turn this house. So...after 6 months, back on the market it went. Problem was, he was trying to get $200,000 more for it than he had paid. WHAT THE MONKEY!!!
Basically, he couldn't sell it; it went in to foreclosure, went to auction and is bank owned now.
WELL NOT FOR LONG! I just sold it to a wonderful family with 3 little girls, who love the house and only want to make cosmetic changes. They are so excited about it that they can hardly stand themselves! I am so excited because this home is one of our most distinctive historic homes, and it deserves some love and affection. Let's hear it for TLC!
Labels: Historic home, Historic Tacoma, Tacoma Real Estate
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