{"id":19704,"date":"2012-04-11T09:00:39","date_gmt":"2012-04-11T16:00:39","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=19704"},"modified":"2012-04-11T10:21:34","modified_gmt":"2012-04-11T17:21:34","slug":"a-front-row-seat-to-the-battle-of-the-flippers","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2012\/04\/11\/a-front-row-seat-to-the-battle-of-the-flippers\/","title":{"rendered":"A Front Row Seat to the Battle of the Flippers"},"content":{"rendered":"<p>Oooh this should get interesting.  Two homes on my street with very similar specs, both sold in January and both being flipped, both came on the market yesterday.<\/p>\n<h3>The Contenders<\/h3>\n<p><a href=\"http:\/\/www.redfin.com\/WA\/Everett\/3417-Wetmore-Ave-98201\/home\/2684981\" title=\"3417 Wetmore Ave Everett, WA 98201\"><img decoding=\"async\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2012\/04\/Wetmore-Flip-Battle_3417-Wetmore.png\" style=\"float:right; margin:0 5px; width:295px; height:325px;\" alt=\"3417 Wetmore Ave Everett, WA 98201\" title=\"3417 Wetmore Ave Everett, WA 98201\" \/><\/a><a href=\"http:\/\/www.redfin.com\/WA\/Everett\/3609-Wetmore-Ave-98201\/home\/2693320\" title=\"3609 Wetmore Ave Everett, WA 98201\"><img decoding=\"async\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2012\/04\/Wetmore-Flip-Battle_3609-Wetmore.png\" style=\"float:left; margin:0 5px; width:295px; height:325px;\" alt=\"3609 Wetmore Ave Everett, WA 98201\" title=\"3609 Wetmore Ave Everett, WA 98201\" \/><\/a><\/p>\n<table cellpadding=\"0\" cellspacing=\"0\" style=\"margin:0;\">\n<tr style=\"border:0;\">\n<td style=\"border:0; background:#FFFFFF;\">\n<h3><a href=\"http:\/\/www.redfin.com\/WA\/Everett\/3609-Wetmore-Ave-98201\/home\/2693320\" title=\"3609 Wetmore Ave Everett, WA 98201\">3609 Wetmore<\/a><\/h3>\n<ul style=\"margin-top:-20px;\">\n<li>2 Beds, 1 Bath, 1,106 square feet<\/li>\n<li>4,792 square foot lot<\/li>\n<li>Built in 1912<\/li>\n<li>Bought 01\/12 for $91,500<\/li>\n<li>Asking $189,000<\/li>\n<\/ul>\n<\/td>\n<td style=\"border:0; background:#FFFFFF;\">\n<h3><a href=\"http:\/\/www.redfin.com\/WA\/Everett\/3417-Wetmore-Ave-98201\/home\/2684981\" title=\"3417 Wetmore Ave Everett, WA 98201\">3417 Wetmore<\/a><\/h3>\n<ul style=\"margin-top:-20px;\">\n<li>2 Beds, 1 Bath, 1,184 square feet<\/li>\n<li>4,356 square foot lot<\/li>\n<li>Built in 1910<\/li>\n<li>Bought 01\/25 for $82,000<\/li>\n<li>Asking $127,000<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<\/table>\n<p>From the photos on each listing it definitely looks like the flippers of 3609 Wetmore spent more time to really make the home shine, but will the extra polish be worth a $62,000 premium to buyers?<\/p>\n<p>Interestingly, at 2.1 times their purchase price, 3609 is actually more <em>conservative<\/em> than <a href=\"http:\/\/www.urbangracesdesign.com\/\" title=\"Urban Graces Design\">these flippers&#8217;<\/a> most recent <a href=\"http:\/\/www.redfin.com\/WA\/Everett\/1808-Lombard-Ave-98201\/home\/2687273\" title=\"1808 Lombard Ave Everett, WA 98201\">Everett project<\/a> (<a href=\"http:\/\/seattlebubble.com\/blog\/2011\/09\/26\/the-fix-n-flip-still-alive-well\/\" title=\"The Fix-n-Flip: Still Alive &#038; Well\">featured on here in September<\/a>), which they successfully turned around for 2.4 times what they paid for it.<\/p>\n<p>Whatever happens, it should be interesting to watch.  I&#8217;m hoping they both have open houses this weekend so I can go check out the quality (or lack thereof) of the rehab work in each up close.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oooh this should get interesting. Two homes on my street with very similar specs, both sold in January and both being flipped, both came on the market yesterday. The Contenders 3609 Wetmore 2 Beds, 1 Bath, 1,106 square feet 4,792 square foot lot Built in 1912 Bought 01\/12 for $91,500 Asking $189,000 3417 Wetmore 2&#8230;<\/p>\n","protected":false},"author":2,"featured_media":19721,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[206],"tags":[160,347,732,733,854],"coauthors":[],"class_list":["post-19704","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-features","tag-everett","tag-flip","tag-rehab","tag-remodel","tag-wetmore"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>A Front Row Seat to the Battle of the Flippers \u2022 Seattle Bubble<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/seattlebubble.com\/blog\/2012\/04\/11\/a-front-row-seat-to-the-battle-of-the-flippers\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"A Front Row Seat to the Battle of the Flippers \u2022 Seattle Bubble\" \/>\n<meta name=\"twitter:description\" content=\"Oooh this should get interesting. Two homes on my street with very similar specs, both sold in January and both being flipped, both came on the market yesterday. 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