Listed by RE/MAX Metro Realty, Inc., Bought with Urban Commercial Partners, LLC
NOT LISTED FOR SALE

12028 Martin Luther King jr Way S Seattle, WA 98178

West Hill Neighborhood

Estimated Value: $384,000 - $424,624

1 Bed
1 Bath
500 Sq Ft
$802/Sq Ft Est. Value

Last Sold October 07, 2015

Last sale price $183,000 $366 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $2,483/month

16 Days on Market

Highlights

  • Territorial View
  • 1 Fireplace
  • Attached Garage
  • Wood Flooring
  • Corner Lot
  • Garden

About This Home

As of October 2015

Originally built as a Speakeasy during Prohibition - Charming 1 Bd Cottage w/ Lots of History! Updated in 1988 - electrical, plumbing, & concrete foundation. Living rm has high ceiling hardwood floor, craftsman style woodwork, picture moulding, & wood burning Franklin Stove. Tiny house with carport & large attic storage room - trees & territorial view plus room for sunny garden. Location tricky to find (private) - sits high above MLK Jr Way S - access from 56th Pl S & S 120th (gravel).

Last Agent to Sell the Property

Robin Tomazic

RE/MAX Metro Realty, Inc. License #10395 Listed on: 08/14/2015

RE/MAX Metro Realty, Inc.

Last Buyer's Agent

Tyler Bretz, CCIM

Urban Commercial Partners, LLC License #23000464

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM834650

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,020

Year Built

  • Built in 1928

Lot Details

  • Corner Lot
  • Sloped Lot
  • Garden

Parking

  • Attached Garage

Home Design

  • Block Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Territorial Views
  • Oven or Range

Flooring

  • Wood
  • Vinyl

Utilities

  • Cable TV Available

Community Details

  • Skyway Community

Listing and Financial Details

  • Assessor Parcel Number 0182000036

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,020

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Hardwood, Vinyl
  • Appliances That Stay: Range/Oven, Refrigerator
  • Bedrooms: 1.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 500
  • Square Footage Finished: 500

Exterior Features

  • Exterior: Wood
  • Foundation: Concrete Block
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Baseboard, Stove/Free Standing
  • Power Company: Seattle City Light
  • Sewer: Sewer Connected
  • Sewer Company: Skyway
  • Water Company: Seattle Public Utilities
  • Water Heater: Carport closet-Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Skyway
  • Project: Allentown Acres

Schools

  • School District: REN

Lot Info

  • Lot Number: 5
  • Lot Details: Corner Lot
  • Lot Sq Ft: 5950
  • Lot Topography Vegetation: Garden Space, Sloped
  • Parcel Number: 0182000036
  • Zoning Jurisdiction: County
  • Lot Topography: Garden Space, Sloped

Tax Info

  • Tax Amount: 1555

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2016
Sold by
Young Alice
Bought by
Seattle Word Of God Church
Current Estimated Value
$404,633

Purchase Details

Listed on
Aug 14, 2015
Closed on
Oct 6, 2015
Sold by
Boone Scott D
Bought by
Sears Katherine R
Seller's Agent
Robin Tomazic
RE/MAX Metro Realty, Inc.
Buyer's Agent
Tyler Bretz, CCIM
Urban Commercial Partners, LLC
List Price
$170,000
Sold Price
$183,000
Premium/Discount to List
$13,000
7.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.54%
Original Mortgage
$179,685
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 14, 2015
Closed on
Oct 2, 2015
Sold by
Pratt Diadama Woodin
Bought by
Boone Scott D
Seller's Agent
Robin Tomazic
RE/MAX Metro Realty, Inc.
Buyer's Agent
Tyler Bretz, CCIM
Urban Commercial Partners, LLC
List Price
$170,000
Sold Price
$183,000
Premium/Discount to List
$13,000
7.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,685
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 9, 1993
Sold by
Pratt Diadama Woodin
Bought by
Boone Scott D
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Seattle Word Of God Church $800,000 Fidelity Natio
Sears Katherine R $183,000 First American
Boone Scott D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sears Katherine R $161,000
Previous Owner Sears Katherine R $179,685
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2015 10/07/15 Sold $183,000 +7.6% $366 / Sq Ft
08/31/2015 08/31/15 Pending -- -- --
08/14/2015 08/14/15 For Sale $170,000 -- $340 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,020 $335,000 $157,000 $178,000
2023 $3,136 $252,000 $121,000 $131,000
2022 $2,996 $272,000 $128,000 $144,000
2021 $2,789 $224,000 $106,000 $118,000
2020 $2,774 $198,000 $94,000 $104,000
2018 $2,407 $189,000 $94,000 $95,000
2017 $2,054 $151,000 $68,000 $83,000
2016 $1,959 $130,000 $58,000 $72,000
2015 $1,555 $119,000 $54,000 $65,000
2014 -- $108,000 $48,000 $60,000
2013 -- $90,000 $44,000 $46,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM834650

Northwest Multiple Listing Service (NWMLS)

APN: 018200-0036