Listed by Corey Crain, Keller Williams Realty Bothell, (425) 482-6100 . Bought with John L. Scott Mill Creek
507 Madison Avenue
Everett, WA 98203
View Ridge-Madison- Studio
- 2,028 sqft
Studio
2,028 sqft
Local Information
-- mins to
Description
Fully renovated 1991-built duplex—each unit 3BD/2BA, 1,014?SF with washer/dryer hookups, great-room layout, and attached 1-car garage. Major 2022 upgrades include new roof, LVP flooring throughout, LED lighting, cabinets, countertops, tub surrounds, hot water heaters, and gutters. Excellent condition with strong rental appeal. Just minutes to Boeing and Amazon facilities, tapping into a robust local job market. Ideal for investors seeking low-maintenance income with premium tenants or owner-occupant opportunity with great financing options.
507 Madison Avenue, Everett, WA 98203 is a studio, 2,028 sqft multi-family in View Ridge-Madison, built in 1991. It last sold for $850,000 on Aug 4, 2025 (3% below the $875,000 asking price). More recently, it was listed as a rental in May 2026 with an asking price of $2,699 per month. That rental listing was removed on July 3, 2026. It is currently off market. The Trulia Estimate is $809,300, with a rent estimate of $2,354/month.
Home Highlights
Parking
4 Open Spaces
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Last check for updates: about 4 hours ago
Listed by Corey Crain
Keller Williams Realty Bothell
Erich Bubbel
COMPASS
Bought with: Maria Sarana, John L. Scott Mill Creek
Source: NWMLS as distributed by MLS GRID, MLS#2401671

Home Details for 507 Madison Avenue
|
|---|
MLS Status: Sold |
|
|---|
Dimensions and Layout Living Area: 2028 Square Feet |
Heating & Cooling Heating: Wall Unit(s),ElectricNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Wall Unit S |
Fireplace & Spa No Fireplace |
Gas & Electric Electric: Company: Snohomish PUD |
Windows, Doors, Floors & Walls Window: Thermal WindowsFlooring: Laminate |
Levels, Entrance, & Accessibility Number of Stories: 2Floors: Laminate |
View No View |
|
|---|
Exterior Home Features Roof: CompositionFoundation: Poured Concrete |
Parking & Garage Number of Covered Spaces: 2Open Parking Spaces: 4No CarportHas Open ParkingParking Spaces: 6Parking: Open |
Frontage Not on Waterfront |
Water & Sewer Sewer: Sewer Connected, Company: Everett Public Works |
Farm & Range Does Not Include Irrigation Water Rights |
Surface & Elevation Elevation Units: Feet |
|
|---|
Cumulative Days on Market: 209 |
|
|---|
Year Built Year Built: 1991Year Renovated: 1991 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: DuplexArchitecture: Duplex |
Building Construction Materials: Wood Products |
Property Information Condition: GoodUsage of Home: Multi-FamilyParcel Number: 28050600301100 |
|
|---|
Price List Price: $875,000 |
Status Change & Dates Off Market Date: Mon Aug 04 2025Possession Timing: Close Of Escrow |
|
|---|
Direction & Address City: EverettCommunity: Madison |
School Information High School District: Everett |
|
|---|
Building Area Building Area: 2028 Square Feet |
|
|---|
Not Senior CommunityUnits in Building: 2 |
|
|---|
Lot Area: 7840.8 sqft |
|
|---|
Special Conditions: Standard |
|
|---|
Listing Terms: Conventional, FHA |
|
|---|
Energy Efficiency Features: Thermal Windows |
|
|---|
Mls Number: 2401671Offer Review: Seller intends to review offers upon receiptShowing Requirements: Appointment Only, MLS Keybox, See Remarks |
Price History for 507 Madison Avenue
| Date | Price | Event | Source |
|---|---|---|---|
| 07/03/2026 | $2,299 | ListingRemoved | Zillow Rentals |
| 06/27/2026 | $2,299 | PriceChange | Zillow Rentals |
| 06/11/2026 | $2,449 | PriceChange | Zillow Rentals |
| 05/18/2026 | $2,699 | Listed For Rent | Zillow Rentals |
| 08/04/2025 | $850,000 | Sold | NWMLS as distributed by MLS GRID #2401671 |
| 07/06/2025 | $875,000 | Pending | NWMLS as distributed by MLS GRID #2401671 |
| 07/01/2025 | $875,000 | Listed For Sale | NWMLS as distributed by MLS GRID #2401671 |
| 02/24/2024 | ListingRemoved | Zillow Rentals | |
| 01/27/2024 | $2,650 | Listed For Rent | Zillow Rentals |
| 04/29/2021 | $550,000 | Sold | NWMLS as distributed by MLS GRID #1766768 |
| 12/02/2009 | $298,000 | Sold | NWMLS as distributed by MLS GRID #29136578 |
Market trends in Everett
Last updated May 2026
Avg. sale price
$585K
$45KMoM
Sale-to-List Price
100.0%
0.3%MoM
Price per sq ft
$374
$10MoM
Available listings
407
62MoM
Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $5,136 |
| Assessment | $588,000 |
Home facts updated by county records
Comparable Sales for 507 Madison Avenue
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.19 | Multi-Family Home | $685,000 | 05/26/26 | 4 | 2 | 1,807 | |
0.45 | Multi-Family Home | $750,000 | 11/14/25 | 4 | 5 | 2,952 | |
0.64 | Multi-Family Home | $650,000 | 11/18/25 | 4 | 4 | 2,018 | |
0.68 | Multi-Family Home | $759,000 | 07/09/25 | - | 2,080 | ||
0.70 | Multi-Family Home | $730,000 | 06/10/26 | 4 | 4 | 2,018 | |
0.55 | Multi-Family Home | $600,000 | 02/18/26 | 4 | 2 | 1,520 | |
0.64 | Multi-Family Home | $820,000 | 10/21/25 | 4 | 2 | 1,776 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 507 Madison Avenue.
What Locals Say about View Ridge-Madison
At least 33 Trulia users voted on each feature.
90 % Say it's dog friendly
83 % Say parking is easy
79 % Say car is needed
66 % Say there's holiday spirit
62 % Say kids play outside
62 % Say yards are well-kept
60 % Say it's quiet
59 % Say people would walk alone at night
58 % Say there are sidewalks
55 % Say there's wildlife
54 % Say it's walkable to grocery stores
53 % Say streets are well-lit
51 % Say they plan to stay for at least 5 years
44 % Say it's walkable to restaurants
42 % Say neighbors are friendly
10 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Homes for sale near 507 Madison Avenue
Off Market Homes Near 507 Madison Avenue

Based on information submitted to the MLS GRID as of 2026-07-03 19:59:39 PDT. 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.
IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2026 NWMLS Click here for more information
IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2026 NWMLS Click here for more information

