I looked it up on the Pierce County gis, looks like a fantastic property. Wasn't able to capture a screen shot but you can track it down here
Pierce County
Sounds like what here in Indiana is called a tax sale and property value was listed at about $250,000. Unless there is something terrible wrong with it, I bet it easily brings that. In Indiana owners can redeem a property up till the day of sale or even after by just paying the back taxes and fees. You have to wait several years before their right to do that runs out and you can sue for a clear title.
I wonder what happened to the owners that they let it get that far. Maybe since they are known someone could contact them and make a deal to pay it out of tax sale and buy it from them. They get something rather than losing everything and you get a better deal than by bidding. I've seen that happen here a couple of times.