NOT LISTED FOR SALE

1428 Martin Luther King jr Way Seattle, WA 98122

Madrona Neighborhood

Estimated Value: $998,000 - $1,265,345

4 Beds
2.5 Baths
2,360 Sq Ft
$496/Sq Ft Est. Value

Last Sold July 06, 2023

Last sale price $1,050,000 $445 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $7,093/month

142 Days on Market

Highlights

  • Second Kitchen
  • Deck
  • No HOA
  • Garfield High School Rated A
  • Property is near public transit
  • Dining Room

About This Home

As of July 2023

Welcome home! Fully Remodeled interior with newly finished/painted walls & ceilings. Lots of natural light with open floor plan & well-lit office/den. Period living/dining ceilings beautifully preserved & refinished. NEW Lux-vinyl floors. NEW kitchen cabinets with Viking range & dishwasher. Fully updated main floor/basement full baths and newly added 1/2 bath on the top floor. Replaced all knob-tube wiring - newly rewired basement. Private daylight basement ADU apartment with kitchen, living area and bedroom. Basement mudroom and washer/dryer/utility area. Brand NEW furnace. NEW 16'X16' deck in the back and fenced back yard. Great location. You do not want to miss this one!

Last Agent to Sell the Property

Tammy Yao

Windermere Real Estate/East License #132985 Listed on: 01/09/2023

Windermere Real Estate/East

Co-Listed By

Jim Melgard

Windermere Real Estate/East License #67531

Last Buyer's Agent

Michael Witt

Windermere RE/Capitol Hill,Inc License #100427

Windermere RE/Capitol Hill,Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2026348

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,210

Year Built

  • Built in 1919

Lot Details

  • 5,040 Sq Ft Lot
  • West Facing Home
  • Sloped Lot

Parking

  • Driveway

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,360 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Fireplace
  • Dining Room
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Second Kitchen
  • Oven or Range
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

Additional Features

  • Deck
  • ADU includes 1 Bedroom and 1 Bathroom
  • Property is near public transit
  • Water Heater

Community Details

  • No Home Owners Association
  • Madrona Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1189000300

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,210

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 17 - 1 1/2 Stry w/Bsmt
  • Year Built: 1919
  • Inclusions: Dishwasher,GarbageDisposal,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2360
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • AccessoryDwellingUnit: AttachedDwelling
  • Special Features: None
  • Cumulative Days on Market: 835

Interior Features

  • Fireplaces: 1
  • Basement: Daylight, Finished
  • Appliances: Dishwasher, Disposal, Refrigerator, Stove/Range
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet, Second Kitchen, Dining Room, Fireplace, Water Heater
  • Living Area: 2360
  • Main Level Bedrooms: 1
  • Bathrooms: 2.5
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 2360
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 1
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 2
  • AppliancesIncluded: Dishwasher,Garbage Disposal,Refrigerator,Stove/Range
  • ADUBaths: 1
  • ADUBeds: 1

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Direction Faces: West
  • Exterior Features: Wood
  • Foundation Details: Slab
  • Structure Type: House
  • BusLineNearby: true
  • BusRouteNumber: 48,8,2

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • PowerCompany: Seattle City Light
  • SewerCompany: SPU
  • WaterCompany: SPU
  • WaterHeaterLocation: Basement
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 1189000300
  • Topography: PartialSlope,Sloped
  • Land Lease: No
  • Lot Size Acres: 0.1157
  • Lot Size Sq Ft: 5040
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Gas Available
  • MLSLotSizeSource: public records
  • MLSSquareFootageSource: buyer to verify

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 7210

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2021
Sold by
Eastside Funding Llc
Bought by
Sa Cube Llc
Total Days on Market
142
Current Estimated Value
$1,169,836

Purchase Details

Closed on
May 21, 2003
Sold by
Brevoort Doris Jean
Bought by
Montgomery Shellise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
8.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 1997
Sold by
Cann Barbara A and Cann Robert C
Bought by
Brevoort Doris Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,175
Interest Rate
7.74%
Source: Public Records

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Range of Values:

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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
Sa Cube Llc -- None Available
Sa Cube Llc -- None Available
Montgomery Shellise $280,000 Chicago Title
Brevoort Doris Jean $126,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Montgomery Shellise $64,000
Previous Owner Montgomery Shellise $72,000
Previous Owner Montgomery Shellise $388,000
Previous Owner Montgomery Shellise $47,500
Previous Owner Montgomery Shellise $266,000
Previous Owner Brevoort Doris Jean $120,175
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2023 07/06/23 Sold $1,050,000 -4.5% $445 / Sq Ft
05/31/2023 05/31/23 Pending -- -- --
05/09/2023 05/09/23 Price Changed $1,099,995 -4.3% $466 / Sq Ft
04/25/2023 04/25/23 Price Changed $1,150,000 -2.5% $487 / Sq Ft
04/08/2023 04/08/23 Price Changed $1,180,000 -1.7% $500 / Sq Ft
03/04/2023 03/04/23 Price Changed $1,199,995 -4.0% $508 / Sq Ft
02/04/2023 02/04/23 Price Changed $1,250,000 -3.8% $530 / Sq Ft
01/09/2023 01/09/23 For Sale $1,299,950 -- $551 / 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 $10,622 $1,080,000 $584,000 $496,000
2023 $10,237 $1,050,000 $584,000 $466,000
2022 $7,210 $808,000 $504,000 $304,000
2021 $7,033 $743,000 $458,000 $285,000
2020 $6,344 $689,000 $414,000 $275,000
2018 $5,542 $633,000 $296,000 $337,000
2017 $4,440 $528,000 $253,000 $275,000
2016 $4,206 $432,000 $211,000 $221,000
2015 $3,535 $401,000 $196,000 $205,000
2014 -- $342,000 $164,000 $178,000
2013 -- $318,000 $148,000 $170,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2026348

Northwest Multiple Listing Service (NWMLS)

APN: 118900-0300