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    Property profile & analytics

    123 3rd S Ave Edmonds, WA 98020-3555

    • Banks
    • 8,630 SF
    • 0.24 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 06, 2024
    Location Intelligence
    Property ID
    US90-1771201
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Bill Morrow / Business Banking Service / Bank
    • Keith Dingfield / Business Banking Service / Bank
    • David Kaus / Business Banking Service / Bank
    • John Weber / Business Banking Service / Bank
    • Jeff King, Coastal Community Bank / Loan Agency

    Property Details for 123 3rd S Ave

    Year built
    1985
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.24 lot acres
    Property size
    8,630 SF
    Zone code
    E0
    Property type
    Banks
    APN
    27032300405100
    APU
    27032300405100

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Edmonds
    County
    Snohomish
    State
    Washington
    Longitude
    -122.38
    Latitude
    47.8105
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $21,482
    $794,300
    $2,334,400
    $3,128,700
    -
    $794,300
    $2,334,400
    $3,128,700

    Comparable in this City

    • Value Estimation by Request
      6,334 SF

      306 Main St

      FINANCIAL BUILDING • 6,334 SF
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    • Value Estimation by Request
      2,482 SF

      620 Edmonds Way

      FINANCIAL BUILDING • 2,482 SF
      620 Edmonds Way, Edmonds, WA 98020-4673
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    • Value Estimation by Request
      2,819 SF

      229 Main St

      FINANCIAL BUILDING • 2,819 SF
      229 Main St, Edmonds, WA 98020-3133
      View Details
    • Value Estimation by Request
      2,737 SF

      9930 Edmonds Way

      FINANCIAL BUILDING • 2,737 SF
      9930 Edmonds Way, Edmonds, WA 98020-5904
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    • Value Estimation by Request
      3,487 SF

      9727 Edmonds Way

      FINANCIAL BUILDING • 3,487 SF
      9727 Edmonds Way, Edmonds, WA 98020-5939
      View Details
    • Value Estimation
      $240,000
      0.09 Acres

      Edmonds, WA 98020

      FINANCIAL BUILDING • 0.09 Acres
      Edmonds, WA 98020
      View Details

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    123 3rd S Ave
    Edmonds, WA 98020-3555
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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