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7425 Ruby Dr

Lakewood, WA 98498

2 bd 2 ba 1,163 sqft Built 1974 Lot 2,670 sqft condos
Most recent sale
$255,000
Nov 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 16, 2022 Listing removed NWMLS
Nov 10, 2022 Sold $255,000 NWMLS
Oct 6, 2022 Listed $249,000 NWMLS
Mar 25, 2003 Sold $90,000 Public Record
Apr 8, 1997 Sold $73,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $168,800 $85,700 $254,500 $2,940
2025 $168,800 $85,700 $254,500 $2,950
2024 $155,000 $77,900 $232,900 $2,536
2023 $155,000 $77,900 $232,900 $2,430
2022 $137,600 $64,900 $202,500 $2,388
2021 $102,000 $34,800 $136,800 $1,815
2020 $92,700 $31,700 $124,400 $1,713
2019 $77,300 $26,400 $103,700 $1,279
2018 $57,700 $22,000 $79,700 $1,207
2017 $44,500 $22,000 $66,500 $1,051
2016 $39,500 $22,000 $61,500 $982
2015 $37,000 $21,200 $58,200 $955
2014 $33,000 $21,200 $54,200 $924
2013 $37,200 $23,500 $60,700 $983
2012 $95,100 $28,000 $123,100 $1,804
2011 $96,100 $28,000 $124,100 $1,718
2010 $104,700 $36,000 $140,700 $1,799
2008 $108,700 $36,000 $144,700 $1,705
2007 $105,100 $36,000 $141,100 $1,584

Property facts

Year built
1974
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,163 sqft
Lot size
2,670 sqft
ZIP code
98498
City
Lakewood
Street
Ruby Dr
Coordinates
47.19556, -122.53700

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
$2,675
Gross rental yield
12.59%
Implied cap rate
8.18%
Trend-extrapolated value

Frequently asked questions

When did 7425 Ruby Dr last sell?
7425 Ruby Dr most recently sold on Nov 10, 2022 for $255,000.
What is the current tax assessment for 7425 Ruby Dr?
The most recent total assessment for 7425 Ruby Dr (year 2026) is $254,500 with $2,940 in property tax.
How does 7425 Ruby Dr's assessment compare to its last sale price?
The current assessment is 0.2% below the last sale price of $255,000.
When was 7425 Ruby Dr built?
7425 Ruby Dr was built in 1974.
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 2 bed, 2 bath, 1,163 sqft, 2,670 sqft lot condos.
Is 7425 Ruby Dr a flip candidate?
No — 7425 Ruby Dr does not appear in our flips dataset.
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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