WOW! 1408 Morse Street NE was sold on the auction block today, just a short time after an investor purchased the property for $210k last month. The opening bid was $250k, and the neighborhood news network says the final bid was a whopping $340,000 for a home damaged by fire in 2007, open to the elements, and gutted. Another person reports on Twitter that she heard it went for $330k.
And, after tacking on a 5% buyer’s fee for the auction, that’s a heck of a lot either way. Talk about a good hoodwink.
From the real estate listing, here’s what the inside looks like: