OFF MARKET

Listed by Zach Schwarzmiller • Waterstone Properties. Bought with Kelly Right RE of Seattle LLC.

Off market oct 2024 for $665K

$719,279

Est. refi paymentEst. refi $1,350/mo

•

2 ba

•

1,976

sq ft

522 Russell Rd, Snohomish, WA 98290

About this home

Investor Alert 7% Proforma Cap Rate! Rare side-by-side duplex is available just outside Lake Stevens in desirable Machias, a high-demand rental market with a very low 1.6% vacancy rate! Each unit has 2 bed / 1 bath and covered parking. Spacious kitchens and expansive living room with large windows with ample light. One unit is like new: new kitchen and bathroom, flooring, paint, millwork, and fixtures. New roof in 2022. Recently pumped septic. Enjoy the fenced-in backyard and quiet country living with views of a horse arena. Conveniently located near the lake, schools, shopping, highway, Centennial Trail, and within walking distance to the Pilchuck River.

Multi-familyProperty Type

1968Year Built

0.27 acresLot Size

$364Est. Price/Sq.Ft.

6 spacesParking

Listed by Zach Schwarzmiller • Waterstone Properties

Bought with Geetika Nagpal • Kelly Right RE of Seattle LLC

Redfin checked: a few seconds ago

•Source:NWMLS as Distributed by MLS Grid #2288101

Redfin Estimate

$719,279

$54K since sold in October 2024$1,000 since September

Recently sold homes
Estimate history

This home's estimate is 6.9% higher than the average sale price ($673K) of 5 comparable homes.

SOLD SEP 9, 2026
$616,000
A
4 beds2 baths2,204 sq ft
2023 114th Ave NE, Lake Stevens, WA 98258
Listing provided by nwmls
SOLD OCT 8, 2026
$649,950
B
3 beds2.5 baths1,928 sq ft
11419 22nd Pl NE, Lake Stevens, WA 98258
Listing provided by nwmls
SOLD AUG 31, 2026
$792,500
C
5 beds2.5 baths2,036 sq ft
11110 23rd Pl NE, Lake Stevens, WA 98258
Listing provided by nwmls
SOLD AUG 13, 2026
$660,000
D
5 beds2 baths1,780 sq ft
9719 5th St NE, Lake Stevens, WA 98258
Listing provided by nwmls
SOLD MAY 18, 2026
$647,000
E
3 beds2 baths1,705 sq ft
2224 114th Ave NE, Lake Stevens, WA 98258
Listing provided by nwmls

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Sell

$153,928

Est. take-home

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Est. cash available

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Market trends in 98290, WA

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.5%

0.0% MoM

Median sale price

$907K

$48K MoM

Avg. days on market

25d

3 days MoM

Recently sold homes

122

2 MoM

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See all

Provided by Redfin

Sale history for 522 Russell Rd

Date

Event

Price

Oct 21, 2024

Sold (MLS) (Closed)

NWMLS as Distributed by MLS Grid #2288101

$665,000

$337/sq ft

Sep 27, 2024

Pending

NWMLS as Distributed by MLS Grid #2288101

—

Sep 7, 2024

Listed (Active)

NWMLS as Distributed by MLS Grid #2288101

$715,000

$362/sq ft

Jul 21, 2016

Sold

Public Records

$215,825

$109/sq ft

Jul 27, 2016

Delisted

NWMLS as Distributed by MLS Grid #950249

—

Jul 26, 2016

Sold (MLS) (Sold)

NWMLS as Distributed by MLS Grid #950249

$215,825

$109/sq ft

Jun 20, 2016

Pending

NWMLS as Distributed by MLS Grid #950249

—

Jun 8, 2016

Pending (Pending Inspection)

NWMLS as Distributed by MLS Grid #950249

—

May 26, 2016

Listed (Active)

NWMLS as Distributed by MLS Grid #950249

$245,000

$124/sq ft

Mar 2, 1992

Sold

Public Records

$105,000

$53/sq ft

Dec 31, 1986

Sold

Public Records

$68,950

$35/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$6,286 (+12.8%)

$263,800 + $268,600

$532,400

2025

$5,571 (+5.4%)

$263,800 + $268,600

$532,400

2024

$5,285 (−0.7%)

$249,300 + $256,100

$505,400

2023

$5,320 (+7.5%)

$292,900 + $274,800

$567,700

2022

$4,948 (+9.1%)

$191,100 + $231,700

$422,800

2021

$4,536 (+4.9%)

$157,100 + $216,100

$373,200

2020

$4,324 (+6.7%)

$157,100 + $216,100

$373,200

2019

$4,053 (+11.1%)

$150,400 + $192,500

$342,900

2018

$3,650 (+1.0%)

$108,600 + $141,800

$250,400

2017

$3,615 (+7.4%)

$108,600 + $141,800

$250,400

2016

$3,365 (+2.9%)

$108,600 + $141,800

$250,400

2015

$3,269 (+18.0%)

$89,200 + $117,300

$206,500

2014

$2,770 (−34.8%)

$89,200 + $117,300

$206,500

2013

$4,246 (+59.2%)

$66,000 + $106,900

$172,900

2012

$2,667 (+3.6%)

$51,400 + $112,200

$163,600

2011

$2,576 (−19.0%)

$59,000 + $113,100

$172,100

2010

$3,182

$110,000 + $153,400

$263,400

2009

$3,182

$110,000 + $153,400

$263,400

Tax history for 522 Russell Rd

Year

Property tax

Land + Additions

Assessment*

2026

$6,286 (+12.8%)

$263,800 + $268,600

$532,400

2025

$5,571 (+5.4%)

$263,800 + $268,600

$532,400

2024

$5,285 (−0.7%)

$249,300 + $256,100

$505,400

2023

$5,320 (+7.5%)

$292,900 + $274,800

$567,700

2022

$4,948 (+9.1%)

$191,100 + $231,700

$422,800

2021

$4,536 (+4.9%)

$157,100 + $216,100

$373,200

2020

$4,324 (+6.7%)

$157,100 + $216,100

$373,200

2019

$4,053 (+11.1%)

$150,400 + $192,500

$342,900

2018

$3,650 (+1.0%)

$108,600 + $141,800

$250,400

2017

$3,615 (+7.4%)

$108,600 + $141,800

$250,400

2016

$3,365 (+2.9%)

$108,600 + $141,800

$250,400

2015

$3,269 (+18.0%)

$89,200 + $117,300

$206,500

2014

$2,770 (−34.8%)

$89,200 + $117,300

$206,500

2013

$4,246 (+59.2%)

$66,000 + $106,900

$172,900

2012

$2,667 (+3.6%)

$51,400 + $112,200

$163,600

2011

$2,576 (−19.0%)

$59,000 + $113,100

$172,100

2010

$3,182

$110,000 + $153,400

$263,400

2009

$3,182

$110,000 + $153,400

$263,400

*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

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.27 Acres

Year renovated

—

Sq. Ft.

1,976

Year built

1968

Style

Multi-Family (2-4 Unit)

County

Snohomish County

APN

00543600003000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 5, 2026.

Property details

Parking

Parking Information
Parking Uncovered Spaces: 4
Open Parking Spaces: 4
Carport Spaces: 2
Has Open Parking

Interior

Heating & Cooling
Has Heating
Heating Information: Baseboard, Wall Unit(s)
Cooling Information: None

Interior Features
Flooring: Vinyl Plank

Multi-Family Financial Information
Insurance Expense: $4,350
Net Operating Income: $42,565
Gross Adjusted Income: 53160
Gross Scheduled Income: $53,160
Total Monthly Income: 4430
Gross Rent Multiplier: 13.45
Total Expenses: 10595

Multi-Unit Information
Units Below Grade: false
Units In Building Total: 2
# of Units (Total): 2

Unit Type 1 Information
Unit Name: 522
# of Bathrooms: 1
# of Bedrooms: 2
Fireplaces: 0
Range/Oven: true
Washer/Dryer: true
Refrigerator: true
Dishwasher: true
Unit Sq. Ft.: 988
Actual Rent: $2,500

Unit Type 2 Information
Unit Name: 524
# of Bathrooms: 1
# of Bedrooms: 2
Fireplaces: 0
Range/Oven: true
Washer/Dryer: true
Refrigerator: true
Dishwasher: true
Unit Sq. Ft.: 988
Actual Rent: $1,850

Exterior

Building Information
Construction Methods: Standard Frame
Roof: Composition

Exterior Features
Exterior Features: See Remarks

Property Information
Energy Source: Electric
Style Code: 52 - Duplex
Property Type: Residential Income
Property Sub Type: Multi Family
Property Condition: Good

Land Information
Possible Use: Residential

Lot Information
MLS Lot Size Source: Snohomish County
Site Features: Fenced-Fully,Outbuildings
Zoning Jurisdiction: County
Lot Size Units: Square Feet
Lot Size Acres: 0.27
Elevation Units: Feet

Financial

Tax Information
Tax Annual Amount: $5,285
Tax Year: 2024

Financial Information
Listing Terms: Cash Out, Conventional, FHA
Buyer Financing: Not Disclosed

Utilities

Utility Information
Water Source: Community
Water Company: Pilcuck Riviera #2
Power Company: Snohomish County PUD
Sewer: Septic Tank
Sewer Company: Septic
Water Sewer Garbage: 960

Location

School Information
Elementary School: Buyer To Verify
Middle Or Junior High School: Buyer To Verify
High School: Buyer To Verify
High School District: Snohomish

Location Information
Directions: From Snohomish head south on Machias, turn right at Ok Mill Road, turn left on Russell Road, 522 Rusell Road on the left 0.8 miles.

Community Information
Amenities: Storage

Public facts

Beds: 4
Baths: 2.0
Sq. Ft.: 1,976
Stories: 1.0
Lot Size: 0.27 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1968
Year Renovated: —
County: Snohomish County
APN: 00543600003000

Home facts updated by county records on Oct 5, 2026

Other

Listing Information
Mls Status: Sold

Listing Date Information
On Market Date: Saturday, September 7, 2024

Green Information
Power Production Type: Electric

Home Information
Living Area Units: Square Feet
Calculated Square Footage: 1976
Building Area Total: 1976
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Year Built Effective: 1968
Effective Year Built Source: Public Records
Structure Type: Duplex
Stories Total: 1

Around this home

Schools

Machias Elementary School

Public K-6 • Assigned • 0.6mi

6/10

Centennial Middle School

Public 7-8 • Assigned • 2.8mi

4/10

Snohomish High School

Public 9-12 • Assigned • 6.5mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

6/10 Flood Factor

Estimated 80%+ chance 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

3/10 Heat Factor

7 days above 86° expected this year, 18 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

6/10 Air Factor

9 unhealthy days expected this year, 10 days in 30 years

Provided by First Street

Historical weather

Snohomish, WA • 98290

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.2 hours in June and 1.7 hours in December, placing it below the U.S. average for solar exposure.

8.2 hrs

1.7 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$684,000 – $828,000

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