Sold
Last Sold Price
1,760 sqft

7416 Lower Ridge Rd, Everett, WA 98203

Multi FamilyProperty Type
0.17 acresLot Size
1986Year Built
$219/sq ftPrice 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
  • Listed by: Corey Crain 425.338.0600 multifamilyspecialist@gmail.com • Windermere Real Estate M2 LLC
Listing closed: 10/05/2007 12:00 AM • Source: NWMLS as distributed by MLS GRID, MLS#: 27132533
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Recent comparable sales

Median sold price

$425,000

Everett, WA

9 comparable properties found

1

$440,000

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Unavailable
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Bathrooms
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Square Feet
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Acres
2

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Unavailable
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4

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Sold 04/29/25

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5

$500,000

Sold 02/20/26

Unavailable
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Unavailable
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1,872
Square Feet
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6

$425,000

Sold 07/31/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,960
Square Feet
Unavailable
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7

$280,000

Sold 08/29/25

Unavailable
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Unavailable
Bathrooms
Unavailable
Square Feet
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8

$400,000

Sold 02/24/26

Unavailable
Bedrooms
Unavailable
Bathrooms
1,980
Square Feet
Unavailable
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9

$445,000

Sold 12/17/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,960
Square Feet
Unavailable
Acres

Location

Listing Courtesy of Windermere Real Estate M2 LLC

Sold By Keller Williams Rlty Marysvlle

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Principal and Interest

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Property Taxes

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HOA Dues

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Property Information for 7416 Lower Ridge Road

Property Details

  • Taxes: $2,456 / year
  • MLS Type: Residential Income
  • 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

Building Information

  • Stories: 2
  • Residences: 2
  • Year Built: 1986
  • Lot Size: 0.17 AC / 7,405 SF

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 Value

Land

$329,300

Additions

$223,900
Total$553,200

Tax Record

2026

$4,761 ($397 / month)

Home Facts

Baths

3

Total Finished SqFt

1,764 SqFt

Above Ground SqFt

1,764 SqFt

Stories

2

Lot Size

6,098 SqFt

Style

Duplex

Year Built

1986

Year Renovated

1986

Zoning

R-2

County

SNOHOMISH

APN

003920-000-041-05

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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 7416 Lower Ridge Road, Everett, WA 98203
$385,000
–
–
1,760
7,405
–
2
1
956
6,098
$385,000
–
3
1,764
7,405
$552,500
3
2,462
10,454
$278,000
3
2
960
6,970
–
–
3
1,764
6,098

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.