Listed by Saint Newton • Paragon Real Estate Advisors. Bought with Education Non-Member.
Off market aug 2008 for $2.4M
—
Est. refi paymentEst. refi$13,317/mo
Studio
•
— ba
•
22,704
sq ft
125 W Casino Rd, Everett, WA 98204
About this home
The Ridgeline Apartments feature 24 spacious units, each with full-size washer/dryers, dishwasher, disposal, and seperately metered water. Many units have fireplaces. 38 carports and abundant open parking
Multi-familyProperty Type
1995Year Built
1.4 acresLot Size
$107Price/Sq.Ft.
38 spacesParking
Listed by Saint Newton• Paragon Real Estate Advisors
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
3
Lot width
—
Lot depth
—
Lot size
1.4 Acres
Year renovated
—
Sq. Ft.
20,412
Year built
1995
Style
Multi-Family (5+ Unit)
County
Snohomish County
APN
00393500002900
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 5, 2026.
UR4
Urban Residential 4 Zone
The primary purpose of the urban residential 4 zone is to provide for multiple-family residential use at high densities. Additional neighborhood-oriented commercial uses may be allowed within certain locations when developed in a mixed-use context.
Permitted uses
Include but are not limited to:
Community / recreation center
Garden center
Day care facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Infrastructure
Fire house
Park & open space
Oct 6, 2023 • Final
Electrical
Apply for a commercial electrical permit.
Electrical
Sep 25, 2023 • Final
Franchise utility
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Carport Spaces: 38
Interior
Multi-Family Financial Information
Insurance Expense: $3,135
Net Operating Income: $150,692
Gross Adjusted Income: 226023
Gross Scheduled Income: $237,919
Total Monthly Income: 19827
Gross Rent Multiplier: 10
Total Expenses: 75331
Multi-Unit Information
Units In Building Total: 24
Vacancy Rate: 5
# of Units (Total): 6
Furnished: Unfurnished
Exterior
Property Information
Style Code: 56 - 10+ Units
Property Type: Residential Income
Property Sub Type: Multi Family
Land Information
Possible Use: Multi-Family
Lot Information
Lot Features: Open Space, Paved
Lot Size Units: Square Feet
Lot Size Acres: 1.4
Elevation Units: Feet
Financial
Tax Information
Tax Annual Amount: $15,558
Tax Year: 2007
Financial Information
Listing Terms: Cash Out
Buyer Financing: Not Disclosed
Utilities
Utility Information
Sewer: Sewer Connected
Utilities: Sewer Connected
Water Sewer Garbage: 17442
Location
HOA Information
Association Fee Frequency: Annually
School Information
High School District: Everett
Location Information
Directions: From Interstate 5 take Highway 526 West, exit at Evergreen Way, turn left over the Highway and take the next right onto Casino Rd. Ridgeline is on the north side of Casino Road.
Public facts
Beds: —
Baths: —
Sq. Ft.: 20,412
Stories: 3.0
Lot Size: 1.4 acres
Style: Multi-Family (5+ Unit)
Year Built: 1995
Year Renovated: —
County: Snohomish County
APN: 00393500002900
Home facts updated by county records on Oct 5, 2026
Other
Listing Information
Mls Status: Sold
Listing Date Information
On Market Date: Monday, December 17, 2007
Home Information
Living Area Units: Square Feet
Calculated Square Footage: 22704
Building Area Total: 22704
Building Area Units: Square Feet
Structure Type: Multi Family
Stories Total: 3
Around this home
Schools
Horizon Elementary School
Public K-5 • Assigned • 0.2mi
2/10
Harbour Pointe Middle School
Public 6-8 • Assigned • 3.2mi
8/10
Kamiak High School
Public 9-12 • Assigned • 3.4mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 83° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
7/10 Air Factor
10 unhealthy days expected this year, 10 days in 30 years
Provided by First Street
Historical weather
Everett, WA • 98204
Average low and high temperatures (°F)
46
36
47
37
52
40
60
43
66
48
71
53
76
56
76
59
71
55
58
46
51
43
48
41
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.4 hours in
June and 1.7 hours in December, placing it below the
U.S. average for solar exposure.