About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest

7117 Lower Ridge Rd, Everett, WA 98203

$858,000

Last sold 08/05/2020 for $624K

—
bed
—
bath
2,678
Sqft ($233/Sqft)

House not for sale

About 7117 Lower Ridge Rd

Property type House

Neighborhood

Year built 1992

HOA fee $0/month

Lot size 0.86 Acre

Movoto estimate

Property description

Excellent Investment Opportunity ~ A duplex that lives like a home! Sited down a long driveway and backing to an NGPA area for nature & privacy, this sun-drenched property features: 2 - 1,339 asf, 3-bed, 1.5-bath, 1-car garage, 1-fireplace units w/a large Timbertech deck looking out to your FABULOUS yard. Storage shed, lots of additional parking, newer garage doors, laminate floors & mini-splits for AC/heat. Put your home to work for you owner occ. one side & rent the other or rent both sides!

Listed by

Listing Agent - Shannon Woodcock

Listing Office - The Cascade Team

Source: NWMLS

MLS#1626725 • last updated 2 years ago

Movoto checked NWMLS for data 9 minutes ago

Overview
Levels/Style	Duplex
MLS #	1626725
Virtual Tour	N/A
SubType	Multi Family
Type	Residential Income
SqFt	2678
Status	Sold
Lot Size (SqFt)	37461
Lot Size (Acres)	0.86
Property Tax	8204
Buying Office	Keller Williams Realty Bothell
Year Built	1992
Buying Office Phone	425-482-6100

Interior

Exterior
Foundation	Poured Concrete
Roof	Composition
# Open Parking Spaces	3
# Covered Spaces	2
# Parking Spaces	5
# Uncovered Spaces	3
Exterior Features	Metal/Vinyl

Amenities / Utilities
Green Features: Energy Efficient	Thermal Windows
Sewer/ Septic	Sewer Connected, City Of Everett
Water	Public
Water Company	City Of Everett
Power Company	Sno County PUD
Power Production: Type	Electric
Security Features	FullyFenced
HOA Amenities	Thermal Windows

Location
View	Territorial
County	Snohomish
Subdivision	Beverly Park
Area	740 - Everett/Mukilteo
High School District	Everett
APN	392000002806

Multifamily Details
Net Operating Income	28127
Capitalization Rate	4.5
Expense: Insurance	941
Expense: Electricity	1080
Gross Scheduled Income	43200
Total Expenses	15073
Gross Rent Multiplier	14
Nwm_Totalmonthlyincome	1750

Lot/ Land Details
Site Features	Cable TV, Deck, Fenced-Partially, High Speed Internet, Outbuildings

$858K

Range: $720K-$995K

Last 30 days

Rental est.: $1,409/month

• Gross rent multiplier: 36.9

Lower your payment with the loan terms that fit you.

Aug 2020
Public Records
Aug 5, 2020 Sold
$624,500
Aug 2020
MLS # 1626725
Aug 5, 2020 Sold
$624,500
Jul 10, 2020 Pending
—
Jul 7, 2020 Listed
$625,000 (+92.2%)
Aug 2011
Public Records
Aug 22, 2011 Sold
$325,180
Aug 2011
MLS # 248170
Aug 22, 2011 Sold
$324,900
Jul 11, 2011 Listed
$324,900 (+18.1%)
Jun 2002
Public Records
Jun 3, 2002 Sold
$275,000

Year Property taxes Tax assessment
2025
$6,915 +5.7%

$739,100 -7.05%
2023
$6,540 +10.3%

$795,200 +23.0%
2022
$5,927 -24.5%

$646,500 -11.45%
2021
$7,847 -4.3%

$730,100
2020
$8,204 +15.7%

$730,100 +14.98%
2019
$7,090 -2.3%

$635,000
2018
$7,259 +26.7%

$635,000 +30.47%
2015
$5,727

$486,700

7117 Lower Ridge Rd
$624K
Evergreen
$302K +4% y/y
98203
$575K -14% y/y
Everett
$519K -12% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
7115 Lower Ridge Rd, Everett, WA 98203	$538,000	2/1	1,020	0.02
7129 Lower Ridge Rd, Everett, WA 98203	$608,000	3/1	1,254	0.02
7101 Lower Ridge Rd, Everett, WA 98203	$555,000	2/1	962	0.03
7113 Lower Ridge Rd, Everett, WA 98203	$659,000	4/2	1,840	0.03
7209 Lower Ridge Rd, Everett, WA 98203	$555,000	2/1	900	0.04
7109 Lower Ridge Rd, Everett, WA 98203	$719,000	3/2	1,840	0.04
7029 Lower Ridge Rd, Everett, WA 98203	$686,000	3/2	1,484	0.04
7104 Lower Ridge Rd, Everett, WA 98203	$596,000	3/1	1,398	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.