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7425 Ruby Dr

Lakewood, WA 98498

1 bd 1 ba 832 sqft Built 1968 Lot 1,984 sqft condos
Most recent sale
$261,500
Jun 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 15, 2022 Sold $261,500 MLS #1926247
May 14, 2022 Price changed $250,000 MLS #1926247
May 12, 2022 Listed $225,000 MLS #1926247
Dec 7, 2018 Sold $135,000 MLS #1385168
Nov 21, 2018 Relisted $134,900 MLS #1385168
Nov 9, 2018 Listed $134,900 MLS #1385168
Jun 4, 2018 Sold $100,000 Public Record
Sep 1, 2006 Sold $107,500 Public Record
Aug 12, 1985 Sold $38,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $126,300 $64,100 $190,400 $2,269
2025 $126,300 $64,100 $190,400 $2,272
2024 $116,000 $58,300 $174,300 $1,921
2023 $116,000 $58,300 $174,300 $1,842
2022 $103,000 $48,600 $151,600 $1,810
2021 $103,000 $48,600 $151,600 $1,508
2020 $77,600 $34,800 $112,400 $1,423
2019 $70,500 $31,700 $102,200 $1,066
2018 $58,800 $26,400 $85,200 $1,003
2017 $43,500 $22,000 $65,500 $874
2016 $32,600 $22,000 $54,600 $816
2015 $28,500 $22,000 $50,500 $773
2014 $25,200 $21,200 $46,400 $749
2013 $22,100 $21,200 $43,300 $795
2012 $24,900 $23,500 $48,400 $1,356
2011 $63,500 $28,000 $91,500 $1,274
2010 $63,900 $28,000 $91,900 $1,352
2008 $62,500 $36,000 $98,500 $1,166
2007 $60,100 $36,000 $96,100 $1,083

Property facts

Year built
1968
Property type
condos
Stories
Beds
1
Baths
1
Living area
832 sqft
Lot size
1,984 sqft
ZIP code
98498
City
Lakewood
Street
Ruby Dr
Coordinates
47.19582, -122.53635

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,914
Gross rental yield
8.78%
Implied cap rate
5.71%
Trend-extrapolated value

Frequently asked questions

When did 7425 Ruby Dr last sell?
7425 Ruby Dr most recently sold on Jun 15, 2022 for $261,500.
What is the current tax assessment for 7425 Ruby Dr?
The most recent total assessment for 7425 Ruby Dr (year 2026) is $190,400 with $2,269 in property tax.
How does 7425 Ruby Dr's assessment compare to its last sale price?
The current assessment is 27.2% below the last sale price of $261,500.
When was 7425 Ruby Dr built?
7425 Ruby Dr was built in 1968.
How does 7425 Ruby Dr compare to others on Ruby Dr?
We track 8 other properties on Ruby Dr. Browse the list under "Other properties on Ruby Dr" to compare beds, baths, and sale history.
What are the property facts for 7425 Ruby Dr?
7425 Ruby Dr is a 1 bed, 1 bath, 832 sqft, 1,984 sqft lot condos.
Is 7425 Ruby Dr a flip candidate?
Yes — 7425 Ruby Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 7425 Ruby Dr a tax-appeal candidate?
No — 7425 Ruby Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.6%
Implied 1-yr
+10.5%
2026 Q3
$657.8K
2026 Q4
$672.6K
ZIP 98498 — Median Price History + Forecast

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