1427 Martin Luther King jr Way Seattle, WA 98122
Mann NeighborhoodEstimated Value: $984,000 - $1,132,000
3
Beds
2
Baths
1,180
Sq Ft
$898/Sq Ft
Est. Value
About This Home
This home is located at 1427 Martin Luther King jr Way, Seattle, WA 98122 and is currently estimated at $1,059,632, approximately $897 per square foot. 1427 Martin Luther King jr Way is a home located in King County with nearby schools including Madrona Elementary School, Meany Middle School, and Garfield High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 25, 2005
Sold by
Derbecker Mark P
Bought by
Woods Gina Lee
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Outstanding Balance
$174,920
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$884,712
Purchase Details
Closed on
May 10, 2004
Sold by
Volk Jeffrey J and Jochim William K
Bought by
Derbecker Mark P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,950
Interest Rate
5.5%
Mortgage Type
Balloon
Purchase Details
Closed on
Aug 25, 1998
Sold by
Brown Deborah Ruth and Penland Ruth Esther
Bought by
Talevich Anthony
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
6.91%
Mortgage Type
Construction
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Woods Gina Lee | $453,000 | Fidelity Natio | |
Derbecker Mark P | $409,950 | Pacific Nw Tit | |
Talevich Anthony | $110,000 | Washington Title Company |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Woods Gina Lee | $359,650 | |
Previous Owner | Derbecker Mark P | $327,950 | |
Previous Owner | Talevich Anthony | $182,000 | |
Closed | Derbecker Mark P | $40,995 | |
Closed | Woods Gina Lee | $28,250 |
Source: Public Records
Tax History Compared to Growth
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 | $9,197 | $925,000 | $505,000 | $420,000 |
2023 | $8,071 | $883,000 | $505,000 | $378,000 |
2022 | $8,041 | $931,000 | $436,000 | $495,000 |
2021 | $7,744 | $856,000 | $396,000 | $460,000 |
2020 | $7,704 | $782,000 | $358,000 | $424,000 |
2018 | $7,397 | $798,000 | $276,000 | $522,000 |
2017 | $6,186 | $735,000 | $236,000 | $499,000 |
2016 | $5,867 | $633,000 | $197,000 | $436,000 |
2015 | $4,908 | $587,000 | $183,000 | $404,000 |
2014 | -- | $500,000 | $153,000 | $347,000 |
2013 | -- | $359,000 | $145,000 | $214,000 |
Source: Public Records
Map
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