7809 Timber Hill Drive

Everett, WA 98203

$1,499,000
Price
8
Beds
4
Baths
3,837 Sq. Ft.
$391 / Sq. Ft.
3,837
Sq. Ft.
$391
per Sq. Ft.

Description

Presenting an elegant 4-plex in the tranquil Valley View neighborhood. A lucrative, easily managed investment that has been fully renovated in 2019. Each unit has 2 bedrooms and 1 bath. With zero vacancies and competitive rental rates. All units are currently leased, staggered throughout 2024. Two units are designed in a townhome style with attached 2-car garages, while the other two units follow a rambler layout with parking space for 2 cars each. Guardian meters are in place, ensuring that tenants...Presenting an elegant 4-plex in the tranquil Valley View neighborhood. A lucrative, easily managed investment that has been fully renovated in 2019. Each unit has 2 bedrooms and 1 bath. With zero vacancies and competitive rental rates. All units are currently leased, staggered throughout 2024. Two units are designed in a townhome style with attached 2-car garages, while the other two units follow a rambler layout with parking space for 2 cars each. Guardian meters are in place, ensuring that tenants cover all utility expenses. Situated in a tranquil neighborhood, the property is conveniently close to various grocery stores, restaurants, and public transportation options.
  1. Listed by Chris Dalto • Real Broker LLC
  2. Listed by Jason Mesnick • Real Broker LLC

Property Details for 7809 Timber Hill Drive

Community Name
Valley View
School District
Everett
View
Territorial
Number of Assigned Spaces
8
Total Covered Parking
4
Entry Date
02-20-2024
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of Real Broker LLC
Add your commute
LISTING UPDATED: 02/20/2024 04:13 PM

Property Details for 7809 Timber Hill Drive

StatusActive
MLS #2201884
Days on Market69
Cumulative Days on Market116
Taxes$7,151 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1969
Lot Size0.30 AC / 13,068 SF
CountySnohomish County

Location

Listing Courtesy of Real Broker LLC
Add your commute

Building Information for 7809 Timber Hill Drive

Stories2Residences4Year Built1969Building Size-Lot Size0.30 AC / 13,068 SF

Payment Calculator

$8,777 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,181

Property Taxes

$596

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7809 Timber Hill Drive

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Cable TV, High Speed Internet
  • Area: 740 - Everett/Mukilteo
  • Elementary School: Emerson Elem
  • Middle Or Junior School: Evergreen Mid
  • High School: Buyer To Verify
  • Effective Year Built Source: Public Records
  • Directions: From Broadway, head East on 75th. Right on Ridgewood. Right on Timberhill.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Floor Covering: Vinyl Plank
  • Cooling: Yes
  • Cooling: Wall Unit(s)
  • Fireplace: No
  • Heating: Yes
  • Heating: Wall Unit(s)
  • FIRPTA: No
Exterior Features
  • Exterior: Wood Products
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 4803
  • Power Company: Snohomish County PUD
  • Sewer Company: City of Everet
  • Water Company: City of Everett
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • MLS Square Footage Source: Realist
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1969
  • Photos Count: 30
Lot Information
  • Lot Details: Paved
  • Lot Size Source: Realist
  • Parcel Number Free Text: 00603700000703
  • Calculated Square Footage: 3837
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3837.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 4
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $256
  • Total Expenses: 14515
  • Gross Adjusted Income: 107400
  • Gross Rent Multiplier: 14
  • Gross Scheduled Income: $107,400
  • Insurance Expense: $1,000
  • Net Operating Income: $93,052
  • Other Expenses: $1,305
  • Total Monthly Income: 8950
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: A
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 959
  • Rent Unit 1: $2,250.00
  • Bedrooms Unit 1: 2
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: B
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 959
  • Rent Unit 2: $2,150.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: C
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 959
  • Rent Unit 3: $2,350.00
  • Bedrooms Unit 3: 2
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: D
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 959
  • Rent Unit 4: $2,200.00
  • Bedrooms Unit 4: 2
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3837.0
  • Leasable Area Units: Square Feet

Property History for 7809 Timber Hill Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 7809 Timber Hill Drive

Taxable ValueLand$290,500Additions$409,500Total$700,000
Tax Record2022$6,417 ($535 / month)
Home Facts
Baths4Total Finished SqFt4,697 SqFtAbove Ground SqFt4,697 SqFtStories2Lot Size13,068 SqFtStyleQuadraplexYear Built1969ZoningR-3CountySNOHOMISHAPN00603700000703Fireplace TypeHas Fireplace

Schools near 7809 Timber Hill Drive

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 - K to 12
Rating
School
Distance
Emerson Elementary School
PublicPK to 5

Evergreen Middle School
Public6 to 8

Cascade High School
Public9 to 12

Other Schools
PublicK 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.

Similar Homes

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7809 Timber Hill Drive is a multi-family home for sale in Everett, WA 98203. This property was listed for sale on February 20, 2024 by Real Broker LLC, it's currently listed at $1,499,000. It has been on the market for a total of 69 days and was last sold on March 15, 2022. This listing's school district is Everett School District. Nearby schools include Emerson Elementary School, Evergreen Middle School and Cascade High School. 7809 Timber Hill Drive is a 8-bed, 4-bath, 3,837 sqft multi-family home built in 1969.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Broker LLC

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.