Visitors to the upper-Fremont neighborhood just south of the zoo have seen 4702 Fremont Ave. Clearly, the homeowner is waiting for his price.
I sent this photo to Ben's bubble blog last year, and I was surprised to see that the sign is still up. Zillow's own algorithm says this shack is only worth $661, 500, and that it's losing value.
The owner purchased it for $269K back in 1998. I think this house is headed back to this price. The owner is either trolling for cash from a RE idiot (which I salute), or he's already sold the house to himself via the miracle of cash-out refis and HELOCs. My search on the King County Recorder's site comes up empty.
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