7522 Lower Ridge Rd

—
Beds
—
Baths
3,210 Sq. Ft.
$112 / Sq. Ft.
3,210
Sq. Ft.
$112
per Sq. Ft.

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!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!
  1. Listed by Hayley A. Ford • John L. Scott Lake Stevens
    P: (425)-334-1038 soldbyhayley@gmail.com

Property Details for 7522 Lower Ridge Road

Community Name
Everett
School District
Everett
View
Territorial
Number of Assigned Spaces
4
Total Covered Parking
2
Entry Date
07-24-2013
Sewer
Sewer Connected
LISTING CLOSED: 09/26/2013 12:00 AM

Property Details for 7522 Lower Ridge Road

StatusSold
MLS #521742
Days on Market9
Cumulative Days on Market9
Taxes$3,576 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built2003
Lot Size0.16 AC / 6,970 SF
CountySnohomish County

Location

Listing Courtesy of John L. Scott Lake Stevens

Sold By ALLPRO Real Estate

Add your commute

Building Information for 7522 Lower Ridge Road

Stories2Residences2Year Built2003Building Size-Lot Size0.16 AC / 6,970 SF

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$2,092 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,794

Property Taxes

$298

HOA Dues

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Property Information for 7522 Lower Ridge Road

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet
  • Area: 740 - Everett/Mukilteo
  • Directions: I-5 Merge onto WA-526 W. toward Mukilteo. Take Evergreen Way Exit. Take Right. Take Left on 79th Pl SE, Turn slight Right onto Beverly Ln., Take Left on 74th St SE, Turn Left on Lower Ridge Rd.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2013
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Vinyl, Carpet
  • Features: Forced Air, Wall to Wall Carpet
  • Fireplace: No
Exterior Features
  • Exterior: Metal/Vinyl
  • Roof: Composition
  • Security Features: FullyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 0
  • Power Company: PUD
  • Water Company: PUD
  • Power Production Type: Natural Gas
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Natural Gas Connected
Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete
  • Preliminary Title Ordered: Yes
  • Special Listing Conditions: None
  • Photos Count: 6
Lot Information
  • Lot Details: Curbs, Paved, Sidewalk
  • Lot Number: 1
  • Parcel Number Free Text: 00392000004307
  • Building Condition: Good
  • Calculated Square Footage: 3210
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3210.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 2
  • Number of Stories in Building: 2
  • Vacancy Rate: 5
  • Number Of Units Total: 2
  • Units Below Grade: false
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 4176
  • Gross Adjusted Income: 22800
  • Gross Rent Multiplier: 15
  • Gross Scheduled Income: $24,000
  • Insurance Expense: $600
  • Net Operating Income: $18,624
  • Other Expenses: $0
  • Total Monthly Income: 2000
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3210.0
  • Leasable Area Units: Square Feet

Property History for 7522 Lower Ridge Road

DateEvent & SourcePriceAppreciation
Sep 26, 2013

Sold

NWMLS #521742

$360,000—
Sep 13, 2013

Sold (Public Record)

Public Record #368791838

$360,000—
Aug 2, 2013

Pending

NWMLS #521742

—
DateEvent & SourcePrice
09/26/2013

Sold

NWMLS #521742

$360,000
09/13/2013

Sold (Public Record)

Public Record #368791838

$360,000
08/02/2013

Pending

NWMLS #521742

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

Public Records for 7522 Lower Ridge Road

Taxable ValueLand$340,100Additions$401,700Total$741,800
Tax Record2026$6,381 ($532 / month)
Home Facts
Baths5Total Finished SqFt3,210 SqFtAbove Ground SqFt3,210 SqFtStories2Lot Size6,970 SqFtStyleDuplexYear Built2003Year Renovated2003ZoningR-2CountySNOHOMISHAPN003920-000-043-07

Schools near 7522 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 John L. Scott Lake Stevens

Based on information submitted to the MLS GRID as of 09/05/2024 05:24 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.