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

7522 Lower Ridge Rd, Everett, WA 98203

$837,000

Last sold 09/26/2013 for $360K

—
bed
—
bath
3,210
Sqft ($112/Sqft)

House not for sale

About 7522 Lower Ridge Rd

Property type House

Neighborhood

Year built 2003

HOA fee $0/month

Lot size 6,970 Sqft

Movoto estimate

Property description

Great Investment Opportunity Awaits!!! Close to Boeing with a very low vacancy factor. Built in 2003 this spacious 3 bed, 2.5 bath, w/gas heat, fireplace, open kitchen, full size washer and dryer, and garage is hard to find. Rent are on the very low end due to LONG term tenants. This duplex has been very well maintained! A must see!

Listed by

Listing Agent - Hayley A. Ford

Listing Office - John L. Scott Lake Stevens

Source: NWMLS

MLS#521742 • last updated 2 years ago

Movoto checked NWMLS for data 22 minutes ago

Overview
Levels/Style	Duplex
MLS #	521742
SubType	Multi-Family
Type	Residential Income
SqFt	3210
Status	Sold
Lot Size (SqFt)	6970
Lot Size (Acres)	0.16
Property Tax	3576
Buying Office	ALLPRO Real Estate
Year Built	2003
Buying Office Phone	206-306-2511
Condition	Good

Interior

Exterior
Foundation	Poured Concrete
Roof	Composition
# Open Parking Spaces	2
# Covered Spaces	2
# Parking Spaces	4
# Uncovered Spaces	2
Exterior Features	Metal/Vinyl

Amenities / Utilities
Sewer/ Septic	Sewer Connected
Water	Public
Water Company	PUD
Power Company	PUD
Power Production: Type	Natural Gas
Security Features	FullyFenced

Location
View	Territorial
County	Snohomish
Subdivision	Everett
Area	740 - Everett/Mukilteo
High School District	Everett
APN	392000004307

Multifamily Details
Net Operating Income	18624
Capitalization Rate	5
Expense: Insurance	600
Gross Scheduled Income	24000
Gross Adjusted Income	22800
Total Expenses	4176
Gross Rent Multiplier	15
Nwm_Totalmonthlyincome	2000
Vacancy Rate	5

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

$837K

Range: $602K-$1.07M

Last 30 days

Rental est.: $1,409/month

• Gross rent multiplier: 21.3

Lower your payment with the loan terms that fit you.

Sep 2013
MLS # 521742
Sep 26, 2013 Sold
$360,000
Jul 24, 2013 Listed
$370,000 (+18.4%)
Sep 2013
Public Records
Sep 25, 2013 Sold
$360,280 (-2.6%)
Jan 2003
Public Records
Jan 10, 2003 Sold
$312,590

Year Property taxes Tax assessment
2025
$6,223 -0.9%

$698,700 -8.51%
2023
$6,281 +14.8%

$763,700 +27.97%
2022
$5,472 +4.9%

$596,800 +22.04%
2021
$5,219 -5.1%

$489,000
2020
$5,497 +15.0%

$489,000 +14.23%
2019
$4,782 -1.5%

$428,100
2018
$4,853 +11.5%

$428,100 +12.75%
2015
$4,353

$379,700

7522 Lower Ridge Rd
$360K
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
7532 Lower Ridge Rd, Everett, WA 98203	$664,000	4/1	1,636	0.02
2 75th St Sw, Everett, WA 98203	$693,000	5/3	1,439	0.03
1 75th St Sw, Everett, WA 98203	$644,000	3/2	1,220	0.03
7523 Lower Ridge Rd, Everett, WA 98203	$624,000	3/1	1,300	0.03
17 76th St Se, Everett, WA 98203	$660,000	3/2	1,299	0.03
7515 Lower Ridge Rd, Everett, WA 98203	$535,000	2/1	1,044	0.03
7426 Lower Ridge Rd, Everett, WA 98203	$620,000	3/1	1,316	0.03
7507 Lower Ridge Rd, Everett, WA 98203	$565,000	3/2	1,200	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.