Listed by eXp Realty, Bought with Windermere R.E. Northeast, Inc
NOT LISTED FOR SALE

1421 Martin Luther King jr Way Seattle, WA 98122

Mann Neighborhood

Estimated Value: $1,105,000 - $1,369,903

3 Beds
2 Baths
2,890 Sq Ft
$411/Sq Ft Est. Value

Last Sold September 10, 2019

Last sale price $870,000 $301 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $7,051/month

51 Days on Market

Highlights

  • Craftsman Architecture
  • Deck
  • Wood Flooring
  • Garfield High School Rated A
  • Territorial View
  • 1 Fireplace

About This Home

As of September 2019

Character and charm are abundant in this well cared for, recently updated turn-of-the-century Craftsman home featuring old world charm modernized just for you. Walk score of 90, on multiple bus lines, this home is a commuter’s paradise. Inside you’ll find new appliances, a theater room, loads of storage, two bedrooms on the main floor, 3rd bedroom up and a fully finished basement with bath. Outside, enjoy a deck, backyard perfect for gatherings, plus a covered and open parking spot

Last Agent to Sell the Property

Lynea Carver

eXp Realty License #23013161 Listed on: 06/13/2019

eXp Realty

Co-Listed By

Cyndi Carver

John L. Scott Ocean Shores License #24332

Last Buyer's Agent

Alina Araujo

Windermere R.E. Northeast, Inc License #114123

Windermere R.E. Northeast, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1474299

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,097

Year Built

  • Built in 1909

Lot Details

  • Partially Fenced Property
  • Level Lot

Home Design

  • Craftsman Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2 Bathrooms
  • 1 Fireplace
  • Territorial Views
  • Finished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Slate Flooring
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Detached Carport Space
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Madrona Community

Listing and Financial Details

  • Assessor Parcel Number 1189000245

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,097

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 17 - 1 1/2 Stry W/Bsmt
  • Architecture: Craftsman
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1909
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Ceiling Fan(s), Dining Room, Walk-In Closet
  • Floor Covering: Ceramic Tile, Hardwood, Laminate, Slate
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 2.50
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Three Quarter Bathrooms Lower: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Fully Finished
  • Den or Office: Upper
  • Dining Room: Main
  • Extra Finished Room: Lower
  • Family Room: Lower
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2890
  • Square Footage Finished: 2890

Exterior Features

  • Exterior: Wood
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Carport-Detached, Off Street
  • Total Covered Parking: 1

Utilities

  • Heating And Cooling: 90%+ High Efficiency, Hepa Air Filtration
  • Power Company: Seattle City Light
  • Sewer: Sewer Connected
  • Sewer Company: Seattle Public Utilities
  • Water Company: Seattle Public Utilities
  • Water Heater: Utility room
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Madrona
  • Project: Buckius Addition

Schools

  • Elementary School: Madrona K-8
  • High School: Garfield High
  • School District: SEA

Lot Info

  • Lot Number: 20 & S 7 ft of Lot 21
  • Lot Details: Alley, Paved Street, Sidewalk
  • Lot Sq Ft: 4200
  • Lot Topography Vegetation: Level, Steep Slope
  • Parcel Number: 1189000245
  • Zoning Code: R
  • Zoning Jurisdiction: City
  • Lot Topography: Level, Steep Slope

Tax Info

  • Tax Amount: 6890

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2019
Closed on
Sep 5, 2019
Sold by
Altman Alex R and Kirkland Jessica E
Bought by
Kelly Emily P and Kelly William K
Seller's Agent
Lynea Carver
eXp Realty
Buyer's Agent
Alina Araujo
Windermere R.E. Northeast, Inc
List Price
$950,000
Sold Price
$870,000
Premium/Discount to List
-$80,000
-8.42%
Current Estimated Value
$1,186,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,976
Avg. Annual Appreciation
5.23%
Original Mortgage
$696,000
Outstanding Balance
$610,887
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$576,089

Purchase Details

Listed on
Mar 5, 2015
Closed on
Mar 31, 2015
Sold by
Hicks Karolyn
Bought by
Altman Alex R and Kirkland Jessica E
Seller's Agent
Amanda Hicks
Windermere RE/Capitol Hill,Inc
Buyer's Agent
Kimberly Lim
360 Pacific
List Price
$600,000
Sold Price
$670,000
Premium/Discount to List
$70,000
11.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.10%
Original Mortgage
$80,000
Interest Rate
3.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 25, 2013
Sold by
Malatt Hicks Moorea
Bought by
Hicks Karolyn

Purchase Details

Closed on
Apr 2, 2010
Sold by
Hicks Karolyn
Bought by
Hicks Karolyn and Malatt Hicks Moorea

Purchase Details

Closed on
Oct 12, 2009
Sold by
Matz Gregory F and Matz Julie A
Bought by
Hicks Karolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,995
Interest Rate
5.02%
Mortgage Type
FHA

Purchase Details

Closed on
May 26, 2005
Sold by
Shepard Kyle S and Shepard Tina M
Bought by
Matz Gregory F and Matz Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 14, 2000
Sold by
Thogersen Gary J
Bought by
Shepard Kyle S and Schueller Tina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,920
Interest Rate
8.16%

Purchase Details

Closed on
Mar 20, 1994
Sold by
Watson Bradley J
Bought by
Thogersen Gary J
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
Kelly Emily P $870,000 Chicago Title
Altman Alex R $670,000 Chicago Title
Hicks Karolyn -- None Available
Hicks Karolyn -- None Available
Hicks Karolyn $469,500 Commonwealth L
Matz Gregory F $469,000 Fidelity Natio
Shepard Kyle S $299,900 Washington Title
Thogersen Gary J $53,398 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Emily P $696,000
Previous Owner Altman Alex R $80,000
Previous Owner Altman Alex R $502,500
Previous Owner Hicks Karolyn $460,995
Previous Owner Matz Gregory F $300,000
Previous Owner Shepard Kyle S $239,920
Closed Shepard Kyle S $29,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/10/2019 09/10/19 Sold $870,000 -2.1% $301 / Sq Ft
08/03/2019 08/03/19 Pending -- -- --
07/31/2019 07/31/19 Price Changed $889,000 +1.6% $308 / Sq Ft
07/31/2019 07/31/19 Price Changed $875,000 -1.6% $303 / Sq Ft
07/10/2019 07/10/19 Price Changed $889,000 -3.9% $308 / Sq Ft
06/24/2019 06/24/19 Price Changed $925,000 -2.6% $320 / Sq Ft
06/13/2019 06/13/19 For Sale $950,000 +41.8% $329 / Sq Ft
04/13/2015 04/13/15 Sold $670,000 +11.7% $232 / Sq Ft View Prior Sale
03/11/2015 03/11/15 Pending -- -- --
03/05/2015 03/05/15 For Sale $600,000 -- $208 / 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 $9,097 $925,000 $457,000 $468,000
2023 $8,691 $900,000 $457,000 $443,000
2022 $8,183 $949,000 $394,000 $555,000
2021 $7,884 $872,000 $358,000 $514,000
2020 $7,676 $797,000 $324,000 $473,000
2018 $6,708 $795,000 $272,000 $523,000
2017 $5,612 $663,000 $232,000 $431,000
2016 $4,530 $571,000 $194,000 $377,000
2015 $3,795 $446,000 $180,000 $266,000
2014 -- $380,000 $150,000 $230,000
2013 -- $356,000 $145,000 $211,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1474299

Northwest Multiple Listing Service (NWMLS)

APN: 118900-0245