7416 Lower Ridge Rd

Baths
1,760 Sq. Ft.
$219 / Sq. Ft.
1,760
Sq. Ft.
$219
per Sq. Ft.

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-$1000This 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
  1. Listed by Corey Crain • Windermere Real Estate M2 LLC
    P: (425)-338-0600 multifamilyspecialist@gmail.com

Property Details for 7416 Lower Ridge Road

Community Name
Madison
School District
Everett
View
Territorial
Number of Assigned Spaces
0
Total Covered Parking
2
Entry Date
07-20-2007
Sewer
Sewer Connected
LISTING CLOSED: 10/05/2007 12:00 AM

Property Details for 7416 Lower Ridge Road

StatusSold
MLS #27132533
Days on Market59
Cumulative Days on Market59
Taxes$2,456 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1986
Lot Size0.17 AC / 7,405 SF
CountySnohomish County

Location

Listing Courtesy of Windermere Real Estate M2 LLC

Sold By Keller Williams Rlty Marysvlle

Add your commute

Building Information for 7416 Lower Ridge Road

Stories2Residences2Year Built1986Building Size-Lot Size0.17 AC / 7,405 SF

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$2,123 per month

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Principal and Interest

$1,918

Property Taxes

$205

HOA Dues

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Property Information for 7416 Lower Ridge Road

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Cable TV, Deck, Fenced-Partially, High Speed Internet, Outbuildings, RV Parking
  • Area: 740 - Everett/Mukilteo
  • Block: D-05
  • Elementary School: Madison Elem
  • Middle Or Junior School: Evergreen Mid
  • High School: Cascade High
  • Directions: Evergreen Way to Madison Ave. go west to Lower Ridge Rd - turn left, duplex is 1/2 mile down on the right
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2007
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Parking Type: RV Parking
  • Open Parking Spaces: 0.0
  • Open Parking: No
  • Parking Features: RV Parking
Interior and Exterior Features
Bedroom Information
  • Bedrooms Possible: 0
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Vinyl, Carpet
  • Features: Wall to Wall Carpet
  • Amenities: See Remarks,Storage
  • Fireplace: No
  • Heating: Yes
Exterior Features
  • Exterior: Wood
  • Roof: Composition
  • Security Features: FullyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 800
  • Power Production Type: Electric
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
Property and Assessments
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family,Residential
  • Possible Use: Multi-Family, Residential
  • Preliminary Title Ordered: Yes
  • Special Listing Conditions: None
  • Photos Count: 1
Lot Information
  • Lot Details: Cul-De-Sac, Paved
  • Lot Number: 41
  • Parcel Number Free Text: 00392000004105
  • Building Condition: Very Good
  • Calculated Square Footage: 1760
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 1760.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 0
  • Number of Stories in Building: 2
  • Vacancy Rate: 1
  • Number Of Units Total: 2
  • Units Below Grade: false
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 3718
  • Gross Adjusted Income: 19899
  • Gross Rent Multiplier: 19
  • Gross Scheduled Income: $20,100
  • Insurance Expense: $512
  • Net Operating Income: $16,181
  • Other Expenses: $0
  • Total Monthly Income: 1675
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 1760.0
  • Leasable Area Units: Square Feet

Property History for 7416 Lower Ridge Road

DateEvent & SourcePriceAppreciation
Oct 5, 2007

Sold

NWMLS #27132533

$385,000
Oct 1, 2007

Sold (Public Record)

Public Record #227346537

$385,000
Sep 17, 2007

Pending

NWMLS #27132533

DateEvent & SourcePrice
10/05/2007

Sold

NWMLS #27132533

$385,000
10/01/2007

Sold (Public Record)

Public Record #227346537

$385,000
09/17/2007

Pending

NWMLS #27132533

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 7416 Lower Ridge Road

Taxable ValueLand$329,300Additions$223,900Total$553,200
Tax Record2026$4,761 ($397 / month)
Home Facts
Baths3Total Finished SqFt1,764 SqFtAbove Ground SqFt1,764 SqFtStories2Lot Size6,098 SqFtStyleDuplexYear Built1986Year Renovated1986ZoningR-2CountySNOHOMISHAPN003920-000-041-05

Schools near 7416 Lower Ridge Road

This home is within Everett School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Madison Elementary School
PublicPK to 5

Evergreen Middle School
Public6 to 8

Cascade High School
Public9 to 12

Everett Virtual Academy
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Windermere Real Estate M2 LLC

Based on information submitted to the MLS GRID as of 09/05/2024 05:12 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.