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3429 Wetmore Ave, Everett, WA 98201

$2,019,000

Last sold 05/24/2024 for $1.95M

—
bed
—
bath

House not for sale

About 3429 Wetmore Ave

Property type House

Neighborhood

Year built 2007

HOA fee $0/month

Lot size 9,148 Sqft

Movoto estimate

Property description

This fully leased property features six townhouse-style units, constructed in 2007, each boasting 2 bedrooms, 2.5 baths, and 9-foot ceilings for an airy, spacious feel. The open-plan kitchens are equipped with stainless steel appliances, complemented by fireplaces, private decks, and in-unit washer/dryers. Abundant natural light, expansive garages, and additional storage enhance each unit's appeal. Select units offer scenic mountain and territorial views. Its prime location near shops, restaurants, Providence Hospital, parks, and direct access to I-5 underscores its desirability, making it a lucrative investment with a history of low vacancy rates.

Listed by

Listing Agent - Joshua D. Fant

Listing Office - North Pacific Properties

Source: NWMLS

MLS#2211593 • last updated 2 years ago

Movoto checked NWMLS for data 33 minutes ago

Overview
Cooling/AC	None
Heating	Wall Unit(s)
Levels/Style	Multi Family
MLS #	2211593
SubType	Multi-Family
Type	Residential Income
Status	Sold
Lot Size (SqFt)	9148
Lot Size (Acres)	0.21
Property Tax	16179.98
Buying Office	COMPASS
Year Built	2007
Buying Office Phone	425-637-7777
Condition	Good

Interior
Interior Features	Wall To Wall Carpet

Exterior
Foundation	Poured Concrete
Roof	Composition
# Covered Spaces	6
# Parking Spaces	6

Amenities / Utilities
Green Features: Energy Efficient	Thermal Windows
Sewer/ Septic	Sewer Connected
Water	Public
Power Production: Type	Electric
HOA Amenities	Thermal Windows

Location
View	Territorial
County	Snohomish
Subdivision	Everett
Area	740 - Everett/Mukilteo
High School District	Everett
APN	436982101400
Zoning	Multi-Family

Multifamily Details
Net Operating Income	88605
Capitalization Rate	4
Expense: Insurance	1389.29
Gross Scheduled Income	121200
Gross Adjusted Income	115140
Total Expenses	26534.74
Gross Rent Multiplier	5
Nwm_Totalmonthlyincome	10100
Vacancy Rate	5

Lot/ Land Details
Site Features	Cable TV, High Speed Internet, Patio

$2.01M

Range: $1.33M-$2.7M

Last 30 days

Rental est.: $1,045/month

• Gross rent multiplier: 155.9

Lower your payment with the loan terms that fit you.

May 2024
Public Records
May 29, 2024 Sold
$1,955,000
May 2024
MLS # 2211593
May 24, 2024 Sold
$1,955,000 (-11.1%)
Mar 30, 2024 Pending
—
Mar 19, 2024 Listed
$2,200,000 (+117.8%)
Sep 2013
Public Records
Sep 12, 2013 Sold
$1,010,280
Sep 2013
MLS # 522136
Sep 12, 2013 Sold
$1,010,000 (-7.3%)
Jul 25, 2013 Listed
$1,090,000 (+48.9%)
Dec 2010
MLS # 49960
Dec 28, 2010 Sold
$732,000 (-24.9%)
Apr 1, 2010 Listed
$975,000

Year Property taxes Tax assessment
2025
$16,476 +10.9%

$1,890,000 +4.42%
2023
$14,863 -1.5%

$1,810,000 +10.1%
2022
$15,087 -2.1%

$1,644,000 +17.68%
2021
$15,408 -1.7%

$1,397,000
2020
$15,682 +11.2%

$1,397,000 +10.52%
2019
$14,098 +10.9%

$1,264,000
2018
$12,716 +27.2%

$1,264,000 +39.36%
2015
$9,995

$907,000

3429 Wetmore Ave
$1.95M
Port Gardner
$597K -24% y/y
98201
$529K -11% y/y
Everett
$519K -12% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
3419 Wetmore Ave, Everett, WA 98201	$407,000	1/1	816	0.02
3417 Wetmore Ave, Everett, WA 98201	$456,000	2/1	1,184	0.02
3426 Wetmore Ave, Everett, WA 98201	$560,000	3/1	1,448	0.03
1710 35th St, Everett, WA 98201	$451,000	3/1	1,280	0.03
3420 Wetmore Ave, Everett, WA 98201	$475,000	2/1	1,140	0.03
3503 Wetmore Ave, Everett, WA 98201	$580,000	4/1	1,426	0.04
3413 Wetmore Ave, Everett, WA 98201	$532,000	3/1	1,260	0.04
3426 Rockefeller Ave, Everett, WA 98201	$521,000	3/1	1,098	0.04

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.