Listed by eXp Realty, Bought with RE/MAX Northwest
NOT LISTED FOR SALE

3208 Wetmore Ave Everett, WA 98201

Port Gardner Neighborhood

Estimated Value: $750,000 - $3,652,883

-- Bed
7 Baths
11,276 Sq Ft
$172/Sq Ft Est. Value

Last Sold April 07, 2017

Last sale price $1,875,000 $166 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $11,096/month

138 Days on Market

About This Home

As of April 2017

Amazing investment opportunity offered for sale – The Wetmore, a mixed use Investment. This unique opportunity includes 3 commercial office spaces plus 2 single floor apartments and 6 townhome apartments (all 2bed/1.75bath). 2 buildings with abundant designated parking stalls (can be leased to Tenants for additional rental income). This is a rare chance to invest in a performing, extremely well-maintained property. Commercial tenants include established Law Practice and Farmer’s Insurance.

Last Agent to Sell the Property

Troy Anderson

eXp Realty License #26705 Listed on: 10/06/2016

eXp Realty

Last Buyer's Agent

Randy Kanda

RE/MAX Northwest License #42442

RE/MAX Northwest

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1039529

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,790

Year Built

  • Built in 2002

Lot Details

  • 0.28

Home Design

  • Block Foundation
  • Composition Roof

Interior Spaces

  • 3-Story Property

Community Details

  • 11 Units
  • Everett Community

Listing and Financial Details

  • Assessor Parcel Number 00439176702901

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,790

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Style: 56 - 10+ Units
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Estimated Sq Ft: 11276

Exterior Features

  • Foundation: Concrete Block
  • Roof: Composition

Garage/Parking

  • Numberof Carport Spaces: 6
  • Numberof Uncovered Spaces: 7
  • Total Numberof Parking Spaces: 13

Utilities

  • Heating And Cooling: Forced Air
  • Sewer: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Numberof Units in Building: 11
  • Community Name: Everett

Schools

  • School District: EV

Lot Info

  • General Zoning Classification: Commercial, Multi-Family, Office, Residential
  • Lot Sq Ft: 12197
  • Parcel Number: 00439176702901
  • Zoning Jurisdiction: City

Multi Family

  • Gross Adjusted Income: 145441
  • Gross Rent Multiplier: 14
  • Gross Scheduled Income: 149940
  • Total Expenses: 30000
  • Net Operating Income: 115441
  • Total Expenses: 30000
  • Vacancy Rate: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2016
Closed on
Apr 1, 2017
Sold by
Wetmore & 32Nd Llc
Bought by
Wetmore Everett Llc
Seller's Agent
Troy Anderson
eXp Realty
Buyer's Agent
Randy Kanda
RE/MAX Northwest
List Price
$2,100,000
Sold Price
$1,875,000
Premium/Discount to List
-$225,000
-10.71%
Current Estimated Value
$1,938,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,961
Avg. Annual Appreciation
0.40%

Purchase Details

Closed on
Sep 6, 2007
Sold by
Fischer George V
Bought by
Wetmore & 32Nd Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
6.46%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 16, 2006
Sold by
Lorenz Alan S and Lorenz Denise I
Bought by
Fischer George

Purchase Details

Closed on
Nov 30, 1998
Sold by
Dagg Gosta E and Dagg Carole L
Bought by
Lorenz Alan S and Lorenz Denise I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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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
Wetmore Everett Llc -- First American
Wetmore & 32Nd Llc $1,670,000 Chicago Title
Fischer George $1,498,200 Pnwt
Lorenz Alan S $125,000 Pacific Northwest Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wetmore & 32Nd Llc $1,300,000
Previous Owner Lorenz Alan S $87,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2017 04/07/17 Sold $1,875,000 -6.3% $166 / Sq Ft
02/22/2017 02/22/17 Pending -- -- --
01/10/2017 01/10/17 Price Changed $2,000,000 -4.8% $177 / Sq Ft
10/06/2016 10/06/16 For Sale $2,100,000 -- $186 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

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
2025 $9,790 $1,175,000 $304,000 $871,000
2024 $9,790 $1,140,000 $304,000 $836,000
2023 $8,869 $1,080,000 $285,000 $795,000
2022 $8,982 $981,000 $215,000 $766,000
2020 $9,351 $833,000 $179,000 $654,000
2019 $8,298 $744,000 $174,000 $570,000
2018 $7,484 $615,000 $123,500 $491,500
2017 $6,317 $517,000 $109,300 $407,700
2016 $5,370 $462,000 $103,100 $358,900
2015 $5,355 $434,000 $103,100 $330,900
2013 $5,202 $372,000 $95,500 $276,500
Source: Public Records

Agents Affiliated with this Home

  • Troy Anderson

    Seller's Agent in 2017

    Troy Anderson

    eXp Realty

    (206) 504-3660

    132 Total Sales

    Troy Anderson
    Section Image
  • Randy Kanda

    Buyer's Agent in 2017

    Randy Kanda

    RE/MAX Northwest Realtors

    (206) 979-7726

    37 Total Sales

    Randy Kanda
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1039529

Northwest Multiple Listing Service (NWMLS)

APN: 004391-767-029-01

Washington Snohomish County Everett 98201 Port Gardner

3208 Wetmore Ave, Everett, WA

This home is located at 3208 Wetmore Ave, Everett, WA 98201 since 06 October 2016 and is currently estimated at $1,938,961, approximately $171 per square foot. This property was built in 2002. 3208 Wetmore Ave is a home located in Snohomish County with nearby schools including Jackson Elementary School, North Middle School, and Everett High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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