NOT LISTED FOR SALE

12923 Martin Luther King jr Way S Seattle, WA 98178

West Hill Neighborhood

Estimated Value: $1,251,159

-- Bed
-- Bath
3,868 Sq Ft
$323/Sq Ft Est. Value

About This Home

This home is located at 12923 Martin Luther King jr Way S, Seattle, WA 98178 and is currently estimated at $1,251,159, approximately $323 per square foot. 12923 Martin Luther King jr Way S is a home located in King County with nearby schools including Campbell Hill Elementary School, Dimmitt Middle School, and Renton Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2025
Sold by
Yi Family Living Trust and Yi Sung Kyu
Bought by
Teshome Ezra and Mulugeta Yewubdar
Current Estimated Value
$1,251,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$893,750
Interest Rate
6.81%
Mortgage Type
Seller Take Back
Estimated Equity
$357,409

Purchase Details

Closed on
Jul 25, 2024
Sold by
Yi Sung Kyu and Hui Suk
Bought by
Yi Family Living Trust and Yi

Purchase Details

Closed on
Feb 11, 2002
Sold by
Lim Hong Yul and Lim Ok Yun
Bought by
Yi Sung Kyu and Yi Hui Suk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,695
Interest Rate
7.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 29, 1989
Sold by
Swank Stephen
Bought by
Paik Seung Sik and Paik Eun Sil
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Teshome Ezra $1,200,000 None Listed On Document
Teshome Ezra $1,200,000 None Listed On Document
Teshome Ezra $1,200,000 None Listed On Document
Yi Family Living Trust $313 None Listed On Document
Yi Sung Kyu $490,000 Stewart Title
Paik Seung Sik -- Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teshome Ezra $900,000
Closed Teshome Ezra $900,000
Previous Owner Yi Sung Kyu $396,695
Source: Public Records

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 $9,969 $826,800 $282,200 $544,600
2023 $8,831 $810,200 $282,200 $528,000
2022 $10,080 $773,600 $276,600 $497,000
2021 $10,489 $773,600 $276,600 $497,000
2020 $10,257 $773,600 $276,600 $497,000
2018 $11,210 $740,000 $263,000 $477,000
2017 $10,499 $740,000 $263,000 $477,000
2016 $10,465 $710,600 $263,000 $447,600
2015 $9,919 $669,800 $263,000 $406,800
2014 -- $661,400 $236,700 $424,700
2013 -- $661,400 $236,700 $424,700
Source: Public Records

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