Marysville Hard Money Loans
Intrust Funding is a Marysville money lender for residential providing short term loans to investors in Snohomish County. Acquire your next property, renovate your next investment, or cash-out refi your last loan today. With funding in 48 hours, no inspections, no appraisals, and a simple 1% per month interest rate, Intrust Funding is real estate investing simplified.
With a population of over 70,000, Marysville, located in Snohomish County, is one of the fastest-growing cities in Washington State. Known for its strong local economy, with significant retail, manufacturing, and healthcare sectors, Marysville offers an appealing landscape for commercial and residential real estate investors. The city’s commitment to community development, as evidenced by the revitalization of its historic downtown area, and its close proximity to natural attractions like Mount Pilchuck State Park, further enhances its attractiveness as an investment location.
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A Real Estate Investor’s Guide to Marysville
Marysville was established in 1872 as a trading post by James P. Comeford, but was not populated by other settlers until 1883. After the town was platted in 1885, a period of growth brought new buildings and industries to Marysville. In 1891, Marysville was incorporated and welcomed the completed Great Northern Railway. Historically, the area has subsisted on lumber and agrarian products; the growth of strawberry fields in Marysville led to the city being nicknamed the “Strawberry City” in the 1920s.
The city experienced its first wave of suburbanization in the 1970s and 1980s, resulting in the development of new housing and commercial areas. Between 1980 and 2000, the population of Marysville increased five-fold. In the early 2000s, annexations of unincorporated areas to the north and east expanded the city to over 20 square miles and brought the population over 60,000.
Home to Everett, its largest city and the county seat, Snohomish County is the third most populous county in Washington state, and the 76th in the United States. As the western portion faces the Puget Sound and other bodies of water, and consequently contains most of its population, the eastern portion is part of the Cascade Mountains and the Mount Baker-Snoqualmie National Forest, with very few settlements.
The city’s topography varies from the low-lying downtown, located along the banks of Ebey Slough 5 feet above sea level, rising to 160 feet near Smokey Point and over 465 feet in the eastern highlands. Marysville sits in the watershed of two major creeks, Quilceda Creek and Allen Creek, and approximately 70 minor streams that flow into Ebey Slough and Snohomish River. During the early 20th century, repeated controlled flooding and other engineering works in the Snohomish River delta contributed to the replenishment of the area’s fertile silty soil for use in farming.
The Marysville skyline is dominated by views of Mount Pilchuck and the Cascade Mountains to the east and the Olympic Mountains to the west.The 5,324-foot Mount Pilchuck appears on the city’s logo and flag, and is the namesake of the Marysville Pilchuck High School.
Marysville has an unemployment rate of 7.0%. The US average is 6.0%. Marysville has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 39.1%, which is higher than the US average of 33.5%.
Suburban development and the rise of long-distance commuting in the 1950s led Marysville to transition toward a service-based economy. One of the largest employers of Marysville residents is the Boeing Company and their Everett assembly plant. While farms still operate in the area around the city, since 1980 the lumber industry has all but ceased and is no longer a major factor in the local economy.
Marysville ranks eighth among Washington cities for longest commute times, with an average commute of approximately 30 minutes. The Washington State Department of Transportation (WSDOT) plans to build a shoulder running lane for peak period use on I-5, as well as a new interchange at State Route 529 south of downtown to alleviate congestion on east–west railroad crossings. On April 22, 2014, Marysville voters approved the creation of a city transportation benefit district and a 0.2 percent sales tax to fund transportation improvements in the city, including road repairs, bicycle and pedestrian access, and new capital projects.
Hard Money Loan Scenarios Marysville, WA
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