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

7705 Timber Hill Dr, Everett, WA 98203

$1,237,000

Last sold 06/10/2021 for $928K

—
bed
—
bath
3,837
Sqft ($242/Sqft)

House not for sale

About 7705 Timber Hill Dr

Property type House

Neighborhood

Year built 1969

HOA fee $0/month

Lot size 0.3 Acre

Movoto estimate

Property description

INVESTOR ALERT! Fully occupied Everett 4-plex w/potential to add 4 more units (buyer to verify). Each unit has 2 bds, 1 full bth & approx. 960 sq.ft. of living space. Current rents avg. close to $1,300/month but w/some cosmetic updates they could surely rent for much more! Newer coin-op laundry generates extra monthly income & transfers w/sale. Attached carport for each unit. 1 unit currently M-T-M and 3 in leases w/less than a year remaining. New roof w/in last 2 years, several new windows, recent updates in some units including a whole new kitchen in Unit C. Pre-inspection report provided by request.

Listed by

Listing Agent - Chris Lamoureux

Listing Office - Lamoureux Real Estate

Source: NWMLS

MLS#1765197 • last updated 2 years ago

Movoto checked NWMLS for data 10 minutes ago

Overview
Levels/Style	Quadruplex
MLS #	1765197
Virtual Tour	N/A
SubType	Multi Family
Type	Residential Income
SqFt	3837
Status	Sold
Lot Size (SqFt)	13068
Lot Size (Acres)	0.3
Property Tax	6863
Buying Office	Urban Properties
Year Built	1969
Buying Office Phone	425-772-7539

Interior
Interior Features	Wall To Wall Carpet

Exterior
Roof	Composition
# Open Parking Spaces	4
# Carport Spaces	4
# Parking Spaces	8
# Uncovered Spaces	4
Exterior Features	Wood

Amenities / Utilities
Sewer/ Septic	Sewer Connected, City Of Everett
Water	Public
Water Company	City Of Everett
Power Company	PUD Of SnoCo
Power Production: Type	Electric
HOA Amenities	Coin Op Laundry

Location
County	Snohomish
Subdivision	Valley View
Area	740 - Everett/Mukilteo
Elementary School	Emerson Elem
Middle School	Evergreen Mid
High School District	Everett
High School	Cascade High
APN	603700000504

Multifamily Details
Net Operating Income	41357
Capitalization Rate	5.17
Expense: Insurance	1518
Expense: Electricity	680
Gross Scheduled Income	63300
Expense: Other	6150
Gross Adjusted Income	60768
Total Expenses	19411
Gross Rent Multiplier	13
Nwm_Totalmonthlyincome	5275
Vacancy Rate	4

Lot/ Land Details
Site Features	Cable TV, High Speed Internet

$1.23M

Range: $1.08M-$1.38M

Last 30 days

Rental est.: $1,409/month

• Gross rent multiplier: 54.9

Lower your payment with the loan terms that fit you.

Jun 2021
Public Records
Jun 10, 2021 Sold
$928,500
Jun 2021
MLS # 1765197
Jun 10, 2021 Sold
$928,500 (+16.1%)
May 10, 2021 Pending
—
May 4, 2021 Listed
$800,000 (+154.0%)
Jul 2012
Public Records
Jul 27, 2012 Sold
$315,000
Jul 2012
MLS # 210003
Jul 27, 2012 Sold
$315,000 (-3.1%)
Apr 18, 2011 Listed
$325,000 (-34.9%)
Jul 2006
Public Records
Jul 20, 2006 Sold
$499,000

Year Property taxes Tax assessment
2025
$8,811 +25.2%

$1,009,400 +17.99%
2023
$7,035 +11.2%

$855,500 +23.99%
2022
$6,326 -7.8%

$690,000 +5.99%
2021
$6,863 -6.2%

$651,000
2020
$7,316 +18.7%

$651,000 +17.93%
2019
$6,164 +5.4%

$552,000
2018
$5,847 +26.2%

$552,000 +38.87%
2015
$4,632

$397,500

7705 Timber Hill Dr
$928K
Valley View
$665K -40% 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
2521 Panaview Blvd, Everett, WA 98203	$666,000	3/2	1,154	0.04
2529 Panaview Blvd, Everett, WA 98203	$672,000	3/2	1,563	0.04
2517 Panaview Blvd, Everett, WA 98203	$690,000	3/2	1,563	0.04
2525 Panaview Blvd, Everett, WA 98203	$717,000	3/2	1,332	0.05
2513 Panaview Blvd, Everett, WA 98203	$684,000	3/2	1,176	0.06
2601 Panaview Blvd, Everett, WA 98203	$675,000	3/2	1,138	0.06
7901 Timber Cir, Everett, WA 98203	$698,000	3/1	1,154	0.07
7902 Timber Cir, Everett, WA 98203	$715,000	4/2	1,184	0.07

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