NOT LISTED FOR SALE

1504 Martin Luther King jr Way Seattle, WA 98122

Madrona Neighborhood

Estimated Value: $627,000 - $859,450

2 Beds
1 Bath
1,010 Sq Ft
$732/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $625,000 $619 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,696/month

156 Days on Market

Highlights

  • Property is near public transit
  • Territorial View
  • 1 Fireplace
  • Garfield High School Rated A
  • Wood Flooring
  • Patio

About This Home

As of May 2022

Solid location! An excellent opportunity to fix it up and flip this house! Come see this 2 bedroom 1 bathroom home, all wrapped into a price that you can truly afford! Expand your Real Estate portfolio, the perfect opportunity for the right buyer!

Last Listed By

Kirk Russell

John L. Scott, Inc. License #48077 Listed on: 11/12/2021

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1862497

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $497

Year Built

  • Built in 1918

Lot Details

  • 4,800

Parking

  • Off-Street Parking

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1,010 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Territorial Views
  • Unfinished Basement

Kitchen

  • Oven or Range
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Madrona Elementary School
  • Meany Mid Middle School
  • Garfield High School

Additional Features

  • Patio
  • 4,800 Sq Ft Lot
  • Property is near public transit

Community Details

  • Seattle Subdivision

Listing and Financial Details

  • Senior Tax Exemptions
  • Legal Lot and Block 1-2 / 18
  • Assessor Parcel Number 9828201625

Home Details

Home Type

Single Family

Est. Annual Taxes

$497

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1918
  • Inclusions: Dishwasher,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Yeslers
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1010
  • SeniorExemption: true
  • Special Features: None
  • Cumulative Days on Market: 1,123

Interior Features

  • Fireplaces: 1
  • Basement: Unfinished
  • Appliances: Dishwasher, Stove/Range
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Hardwood, Carpet
  • Interior Amenities: Forced Air, Hardwood, Wall to Wall Carpet
  • Living Area: 1010
  • Main Level Bedrooms: 2
  • Bathrooms: 1
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 1010
  • SquareFootageUnfinished: 380
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Stove/Range

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: None, Off Street

Utilities

  • Sewer: Available
  • Water Source: Public
  • Utilities: Electricity Available, Natural Gas Connected
  • HeatingCoolingType: Forced Air
  • PowerCompany: PSE
  • SewerCompany: SPU
  • WaterCompany: SPU

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Seattle
  • High School: Garfield High
  • Middle Or Junior School: Meany Mid

Lot Info

  • Parcel Number: 9828201625
  • Lot Size Acres: 0.1102
  • Lot Size Sq Ft: 4800
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Patio
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records
  • ZoningJurisdiction: County
  • LotNumber: 1-2

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 497

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Madrona Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2021
Closed on
May 10, 2022
Sold by
Abacus Guardianship Inc
Bought by
Pham Julie
Seller's Agent
Kirk Russell
John L. Scott, Inc.
Buyer's Agent
Kirk Russell
John L. Scott, Inc.
List Price
$625,000
Sold Price
$625,000
Total Days on Market
156
Current Estimated Value
$739,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,363
Avg. Annual Appreciation
5.49%

Purchase Details

Closed on
Oct 12, 1988
Sold by
Toliver Lillian Gould
Bought by
Simmons Baxter and Simmons Lula

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Seattle, WA

  • 3025 Beacon Ave S, Seattle, WA 98144

    $824,950

    • 3 Beds
    • 2 Baths
    • 1,682 Sq Ft
    • 3025 Beacon Ave S
    • Seattle, WA

    Contemporary Multi-level Home with Private Rooftop Deck & Soaring Mt. Baker, Olympic, Cascade and City Views! This is a Stand-Alone Home w/ No Shared Walls. Designated Off-Street Parking, Quartz Counters, SS Appliances, Large Windows, High Ceilings, Hardwood Floors, & Brand New Interior Paint. Relax or Entertain on Your Spacious Roof Top Deck! A Fantastic Neighborhood that Blends Walkability,

    Daniel Sessoms COMPASS

    Section Image
  • 3664 Courtland Place S, Seattle, WA 98144

    $740,000

    • 3 Beds
    • 2 Baths
    • 1,406 Sq Ft
    • 3664 Courtland Place S
    • Seattle, WA

    This modern home features a great floor plan and lots of natural light. Surrounded by a green belt; you'll be impressed by the pleasant outlook and privacy. Inside feels like home as you enter the front door - quality finishes & design + your own fenced patio perfect for entertaining. Three bedrooms include the spacious primary suite, with heated bathroom floors and sunny balcony. Host friends

    Donald Kenney Windermere Real Estate Co.

    Section Image
  • 1516 S Bennett St, Seattle, WA 98108

    $829,000

    • 4 Beds
    • 2 Baths
    • 1,430 Sq Ft
    • 1516 S Bennett St
    • Seattle, WA

    This charming, extensively updated craftsman is a real gem. Updates since 2019-2020 include the entire kitchen remodel, new siding, new exterior paint, a new furnace, a new water heater, heated floor in the primary bathroom, new interior paint and brand-new carpeting on the lower floor, and a beautiful, large deck with gorgeous French doors for indoor/outdoor flow. The property also features

    Nadir Zulqernain BN Real Estate

    Section Image
  • 9653 7th Ave NE, Seattle, WA 98115

    $900,000

    • 4 Beds
    • 2 Baths
    • 2,700 Sq Ft
    • 9653 7th Ave NE
    • Seattle, WA

    This spacious 4-bedroom, 2-bathroom home, located on a corner lot in the desirable Maple Leaf neighborhood, quiet cul-de-sac, same owner for 60 years. Featuring a fully fenced yard with plenty of space, it offers great potential for customization. The deck provides an ideal space for entertaining. Conveniently close to the Link light rail, local restaurants, shops and steps to Olympic View

    Katie Chinn Windermere R.E. Northeast, Inc

    Section Image
  • 7350 21st Ave NW, Seattle, WA 98117

    $829,000

    • 2 Beds
    • 2.5 Baths
    • 1,092 Sq Ft
    • 7350 21st Ave NW
    • Seattle, WA

    Beautiful, stylish & free standing, NEW construction in Loyal Heights. Main floor features dining & kitchen w/beautiful crisp cabinetry, tiled backsplash, quartz countertops, high-end stainless steel appliances by BEKO. Upstairs indulge in one of two primary bedrooms. Each primary bedroom showcasing grand picture windows looking out to stunning views of luscious trees and sky. Multitude of fine

    Anna Gabriadze The Preview Group

    Section Image
  • 925 N 97th St Unit A, Seattle, WA 98103

    $598,000

    • 3 Beds
    • 2.5 Baths
    • 1,530 Sq Ft
    • 925 N 97th St
    • Unit A
    • Seattle, WA

    Corner unit, Bright and airy, this 3B 2.5BA TH, showcases modern elegance with stylish upgrades throughout. The open-concept kitchen features slab granite countertops, a gas cooktop, SS appliances, and bamboo flooring, a cozy gas fireplace in living area. Primary suite offers a vaulted ceiling, while the spacious guest bedroom with dual vanities, with enhancements such as USB charging outlets

    Hao Sun John L. Scott, Inc.

    Section Image
  • 8040 19th Ave NW, Seattle, WA 98117

    $799,000

    • 2 Beds
    • 2.5 Baths
    • 1,060 Sq Ft
    • 8040 19th Ave NW
    • Seattle, WA

    Ballard’s charm & luxurious beauty of newly constructed 2bed/2.5ba highlight this home! Natural light throughout enhanced by skylights drench interior in sunlight. Dreamy kitchen with upgraded SS kitchen appliances, roomy storage. Upstairs is two primary bedrooms plus spacious entry w/powder on main. Masterfully built, includes modern essentials like Hi-eff AC/Heat, internet/cable ready hookups,

    Anna Gabriadze The Preview Group

    Section Image
  • 1704 27th Ave, Seattle, WA 98122

    $800,000

    • 3 Beds
    • 2 Baths
    • 1,280 Sq Ft
    • 1704 27th Ave
    • Seattle, WA

    [CHARMING CITY COTTAGE IN MADISON VALLEY] 3-bed + 1.75-bath home offering 1,280sqft of comfortable living in the heart of Madison Valley - this city cottage blends classic charm with modern updates. Step inside to find brand-new LVP flooring throughout, complemented by fresh interior and exterior paint. You'll love the new kitchen backsplash, bathroom tile work, + new roof. Enjoy the cozy,

    Jay Zamora John L. Scott Everett

    Section Image
  • 731 18th Ave, Seattle, WA 98122

    $575,000

    • 2 Beds
    • 1 Bath
    • 1,150 Sq Ft
    • 731 18th Ave
    • Seattle, WA

    This charming 1925 bungalow is brimming with potential. Featuring 2 bedrooms, 1 bathroom, a full unfinished daylight basement, and a large, finished attic space, this property offers the opportunity for a custom remodel—or the perfect site for new construction. With a walkscore of 87 you can stroll to local restaurants, pubs, PCC, Cherry Hill, Seattle U and so much more. Whether you're an

    Nancy Sievert SASH Realty

    Section Image

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
Pham Julie $625,000 Old Republic Title
Simmons Baxter -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Simmons Lula B $916,500
Previous Owner Simmons Lula $718,500
Previous Owner Simmons Lula B $544,185
Previous Owner Simmons Baxter $370,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $625,000 0.0% $619 / Sq Ft
04/17/2022 04/17/22 Pending -- -- --
04/09/2022 04/09/22 For Sale $625,000 0.0% $619 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
11/12/2021 11/12/21 For Sale $625,000 -- $619 / 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 $6,678 $651,000 $532,000 $119,000
2023 $5,935 $633,000 $532,000 $101,000
2022 $516 $668,000 $459,000 $209,000
2021 $497 $614,000 $417,000 $197,000
2020 $465 $66,200 $31,100 $35,100
2018 $408 $66,200 $31,100 $35,100
2017 $374 $424,000 $250,000 $174,000
2016 $343 $347,000 $209,000 $138,000
2015 $312 $322,000 $194,000 $128,000
2014 -- $275,000 $162,000 $113,000
2013 -- $258,000 $145,000 $113,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1862497

Northwest Multiple Listing Service (NWMLS)

APN: 982820-1625