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

7416 Lower Ridge Rd, Everett, WA 98203

$710,000

Last sold 10/05/2007 for $385K

—
bed
—
bath
1,760
Sqft ($219/Sqft)

House not for sale

About 7416 Lower Ridge Rd

Property type House

Neighborhood

Year built 1986

HOA fee $0/month

Lot size 7,405 Sqft

Movoto estimate

Property description

This townhouse style duplex is in impeccable condition! Unit B is currently owner occupied and unit A has a long term tenant.This duplex offers 2bed 1.5 bth approx 900sf,large yards, outbuilding/storage for each unit, garages for each unit, and RV parking on one side. Please drive by, but don't bother tenants! Nice quiet neighborhood in a cul de sac -you don't want to miss this one!Rents could easily be $950-$1000

Listed by

Listing Agent - Corey Crain

Listing Office - Windermere Real Estate M2 LLC

Source: NWMLS

MLS#27132533 • last updated 2 years ago

Movoto checked NWMLS for data 20 minutes ago

Overview
Levels/Style	Duplex
MLS #	27132533
SubType	Multi-Family
Type	Residential Income
SqFt	1760
Status	Sold
Lot Size (SqFt)	7405
Lot Size (Acres)	0.17
Property Tax	2456
Buying Office	Keller Williams Rlty Marysvlle
Year Built	1986
Buying Office Phone	360-653-1884
HOA Fee	Annually, 0
Condition	Very Good

Interior
Interior Features	Wall To Wall Carpet

Exterior
Foundation	Poured Concrete
Roof	Composition
# Covered Spaces	2
Parking Desc	RV Parking
Exterior Features	Wood

Amenities / Utilities
Sewer/ Septic	Sewer Connected
Water	Public
Power Production: Type	Electric
Security Features	FullyFenced
HOA Amenities	See Remarks, Storage

Location
View	Territorial
County	Snohomish
Subdivision	Madison
Area	740 - Everett/Mukilteo
Elementary School	Madison Elem
Middle School	Evergreen Mid
High School District	Everett
High School	Cascade High
APN	392000004105
Zoning	Multi-Family, Residential

Multifamily Details
Net Operating Income	16181
Capitalization Rate	4.7
Expense: Insurance	512
Gross Scheduled Income	20100
Gross Adjusted Income	19899
Total Expenses	3718
Gross Rent Multiplier	19
Nwm_Totalmonthlyincome	1675
Vacancy Rate	1

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

$710K

Range: $560K-$859K

Last 30 days

Rental est.: $1,491/month

• Gross rent multiplier: 21.5

Lower your payment with the loan terms that fit you.

Oct 2007
Public Records
Oct 9, 2007 Sold
$385,000
Oct 2007
MLS # 27132533
Oct 5, 2007 Sold
$385,000
Jul 20, 2007 Listed
$385,000

Year Property taxes Tax assessment
2025
$4,638 +0.3%

$522,900 -6.91%
2023
$4,623 +18.8%

$561,700 +32.48%
2022
$3,890 +5.3%

$424,000 +22.08%
2021
$3,694 -5.5%

$347,300
2020
$3,907 +14.0%

$347,300 +13.27%
2019
$3,427 -0.9%

$306,600
2018
$3,458 +15.8%

$306,600 +15.39%
2015
$2,986

$265,700

7416 Lower Ridge Rd
$385K
Evergreen
$295K +22% y/y
98203
$575K -11% y/y
Everett
$525K -11% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
7420 Lower Ridge Rd, Everett, WA 98203	$558,000	2/1	956	0.01
7426 Lower Ridge Rd, Everett, WA 98203	$614,000	3/1	1,316	0.02
7 75th St Sw, Everett, WA 98203	$603,000	3/2	1,095	0.02
5 75th St Sw, Everett, WA 98203	$588,000	3/2	960	0.03
3 75th St Sw, Everett, WA 98203	$619,000	3/2	960	0.03
7423 Lower Ridge Rd, Everett, WA 98203	$640,000	3/1	1,008	0.03
7417 Lower Ridge Rd, Everett, WA 98203	$573,000	2/1	1,088	0.03
7404 Lower Ridge Rd, Everett, WA 98203	$580,000	3/1	1,298	0.03

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