Listed by Realty One Group Orca, Bought with John L. Scott Snohomish
NOT LISTED FOR SALE

137 S Ferry Ave Monroe, WA 98272

Estimated Value: $620,000 - $659,000

3 Beds
2.5 Baths
1,744 Sq Ft
$364/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $690,000 $396 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $3,814/month

185 Days on Market

Highlights

  • Property is near public transit and bus stop
  • Wood Flooring
  • No HOA
  • Traditional Architecture
  • Corner Lot
  • 3 Car Detached Garage

About This Home

As of December 2023

INCOME PRODUCING PROPERTY! Zoned Downtown Commercial. Zoning allows single family, multi-family, retail, & commercial. Main bldg highly maintained, new roof. Main floor potential Apt 1, full kitchen with dining area, large open living room w/hdwd flooring under carpet, 1902 stained glass & 1 bdrm. Upstairs 2 bdrm apt. w/kitchenette currently rented. Partially fenced corner lot, security system in all buildings. Shop houses highly rated (5 stars) GTM Auto Repair being sold sep. see MLS Bus Op 2037807. Buyer will assume Bus tenant long term Mod Gross lease & income, 2nd Floor mth/mth rent $1,200, Floor 1 Apt vacant. Downtown Monroe loc. Adjacent Hwy. 203/Lewis St., nearby Hwy. 2 and Hwy. 522.

Last Agent to Sell the Property

Renee Pilchard

Realty One Group Orca License #22018654 Listed on: 02/17/2023

Realty One Group Orca

Co-Listed By

Joe Fattizzi

Keller Williams Realty Bothell License #112043

Last Buyer's Agent

Jennifer Schabell

John L. Scott Snohomish License #21037828

John L. Scott Snohomish

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2036668

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,350

Year Built

  • Built in 1902

Lot Details

  • 7,402 Sq Ft Lot
  • West Facing Home
  • Partially Fenced Property
  • Corner Lot
  • Level Lot
  • Property is in very good condition
  • Zoning described as DC

Parking

  • 3 Car Detached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Block Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,744 Sq Ft Home
  • 2-Story Property
  • Microwave

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Patio
  • Outbuilding

Location

  • Property is near public transit and bus stop

Utilities

  • Forced Air Heating System
  • Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Monroe Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,350

Year Built

Built in 1902

Lot Details

7,402 Sq Ft Lot

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 1902
  • Inclusions: Dryer,Microwave,Refrigerator,Washer,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Traditional
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 1744
  • SeniorExemption: false
  • NWM_ExcludedItemsYN: true
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2036668?w=Consumer&agent=99772
  • Special Features: None

Interior Features

  • Basement: None
  • Appliances: Dryer, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Hardwood, Wall to Wall Carpet, Bath Off Primary, Double Pane/Storm Window, Security System, Water Heater
  • Living Area: 1744
  • Main Level Bedrooms: 1
  • BathsFullMain: 1
  • SquareFootageFinished: 1744
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • AppliancesIncluded: Dryer,Microwave,Refrigerator,Washer

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Corner Lot, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Direction Faces: West
  • Exterior Features: Wood
  • Foundation Details: Post & Block
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Detached Garage
  • Total Parking Spaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PUD
  • SewerCompany: City of Monroe
  • WaterCompany: City of Monroe
  • WaterHeaterLocation: Storeroom
  • WaterHeaterType: Electric
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Monroe
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 00464900301500
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.1699
  • Lot Size Sq Ft: 7402
  • Zoning Description: DC
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Gas Available,High Speed Internet,Outbuildings,Patio,Shop
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3350

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2023
Closed on
Dec 13, 2023
Sold by
Mcgee Gary A and Mcgee Traci Lee
Bought by
Ababwa Iii Llc
Seller's Agent
Renee Pilchard
Realty One Group Orca
Buyer's Agent
Jennifer Schabell
John L. Scott Snohomish
List Price
$825,000
Sold Price
$690,000
Premium/Discount to List
-$135,000
-16.36%
Views
98
Current Estimated Value
$634,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$55,135
Avg. Annual Appreciation
-3.63%
Original Mortgage
$450,000
Outstanding Balance
$440,682
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$194,183

Purchase Details

Closed on
Jan 31, 2006
Sold by
Winnie David R and Winnie Lisa M
Bought by
Mcgee Gary A and Mcgee Traci Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
8.9%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 10, 1998
Sold by
Gamble Paula
Bought by
Gamble John L

Purchase Details

Closed on
Aug 9, 1996
Sold by
Gosser Gordon J and Gosser Linda A
Bought by
Gamble Jon L and Gamble Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
8.18%
Mortgage Type
Seller Take Back
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ababwa Iii Llc $690,000 Old Republic Title
Mcgee Gary A $280,000 First American Title Ins Co
Gamble John L -- First American Title Ins Co
Gamble Jon L $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ababwa Iii Llc $450,000
Previous Owner Mcgee Gary A $224,000
Previous Owner Gamble Jon L $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Sold $690,000 -8.0% $396 / Sq Ft
08/21/2023 08/21/23 Pending -- -- --
04/29/2023 04/29/23 Price Changed $750,000 -9.1% $430 / Sq Ft
02/17/2023 02/17/23 For Sale $825,000 -- $473 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $5,062 $650,000 $315,000 $335,000
2025 $4,365 $625,000 $295,200 $329,800
2024 $4,365 $540,300 $270,000 $270,300
2023 $3,317 $445,400 $265,000 $180,400
2022 $3,350 $358,800 $196,000 $162,800
2020 $2,886 $297,900 $157,000 $140,900
2019 $2,619 $266,900 $134,000 $132,900
2018 $3,032 $253,100 $124,000 $129,100
2017 $2,320 $202,600 $88,000 $114,600
2016 $2,430 $195,300 $86,500 $108,800
2015 $2,899 $219,200 $86,500 $132,700
2013 $3,250 $224,800 $86,500 $138,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2036668

Northwest Multiple Listing Service (NWMLS)

APN: 004649-003-015-00

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