The property at 5656 36th Avenue SW http://www.redfin.com/WA/Seattle/5656-36th-Ave-SW-98126/home/470556 has been on the market for 254 days. It is the best property I have seen in a very long time. It is dated, and has aluminum siding, but you can tell the people who had it build had money.
It sits up off the street with South West exposure. The listing agent makes a lot about the view, but the value is in the structure. When you jump on the second floor it feels like concrete. The foundation may have been added later because it is thick and has structure that for 1940 construction would have been ahead of it’s time. The aluminum siding I would bet is covering the original siding that must be in pretty good shape, because that siding would only have been exposed for about 20 years.
Yes the kitchen, and bath could be remodeled, or they could be refurbished. The bath room looks to be in good shape. I would add a bath to the second floor. I’m sure the structure can handle it.
For $450K this seems like a great place to hold onto. It might even take an offer. It is an estate sale. To me though I can see it selling again for more than this asking price. It may just need a little more love.
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