NOT LISTED FOR SALE

1505 Martin Luther King jr Way Seattle, WA 98122

Mann Neighborhood

Estimated Value: $1,194,000 - $1,363,496

3 Beds
3 Baths
2,200 Sq Ft
$579/Sq Ft Est. Value

Last Sold August 05, 2016

Last sale price $749,000 $340 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $7,653/month

3 Days on Market

Highlights

  • RV Access or Parking
  • Deck
  • Traditional Architecture
  • Garfield High School Rated A
  • Territorial View
  • Wood Flooring

About This Home

As of August 2016

Amazing opportunity to own a studs out remodeled craftsman with all of the modern touches. Perfect turn key home, classic style meets modern updates, high tech wiring and security system, Stainless appliances, Granite, refinished hardwoods, Large open kitchen with eating space that opens out to private patio, huge walk in closet in every bedroom tons of storage, lots of light set up high off of the street. Great yard with 2 off street parking and a garage! Easy landscaping. Great walkability!

Last Agent to Sell the Property

Shawn Lee

Redfin License #24459 Listed on: 06/24/2016

Redfin

Last Buyer's Agent

Taj Sukhija

Kelly Right RE of Seattle LLC License #84731

Kelly Right RE of Seattle LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM966477

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,723

Year Built

  • Built in 1925

Lot Details

  • Partially Fenced Property
  • Property is zoned SF5000

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Territorial Views
  • Partially Finished Basement

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Madrona Community

Listing and Financial Details

  • Assessor Parcel Number 9828201182

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,723

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Architecture: Traditional
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, French Doors, Walk-In Closet
  • Floor Covering: Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 3
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 2.50
  • Bathrooms Main: Lower
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Partially Finished
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2240
  • Square Footage Finished: 2200
  • Square Footage Unfinished: 310

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Garage-Attached, Off Street
  • Total Covered Parking: 1

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: Seattle
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Sewer Connected
  • Sewer Company: Seattle
  • Water Company: Seattle
  • Water Heater: Basement-Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Madrona
  • Project: Yeslers H L 2nd Add

Schools

  • Elementary School: Madrona K-8
  • Middle School: Buyer To Verify
  • High School: Garfield High
  • School District: SEA

Lot Info

  • Lot Number: 11-12
  • Lot Details: Alley, Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 4800
  • Parcel Number: 9828201182
  • Zoning Code: SF5000
  • Zoning Jurisdiction: City

Tax Info

  • Tax Amount: 6351

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2016
Closed on
Jul 26, 2016
Sold by
Woodward Madeline L
Bought by
Deambarish
Seller's Agent
Shawn Lee
Redfin
Buyer's Agent
Taj Sukhija
Kelly Right RE of Seattle LLC
List Price
$749,000
Sold Price
$749,000
Total Days on Market
3
Current Estimated Value
$1,273,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$524,624
Avg. Annual Appreciation
5.76%
Original Mortgage
$59,200
Interest Rate
3.41%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Mar 11, 2014
Closed on
Apr 2, 2014
Sold by
Hilbun Scott and Hilbun Julia
Bought by
Woodward Madeline L
Seller's Agent
Ryan Dosch
Emerald Door Real Estate
Buyer's Agent
Shawn Lee
Redfin
List Price
$600,000
Sold Price
$630,000
Premium/Discount to List
$30,000
5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.67%
Original Mortgage
$504,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 20, 2013
Closed on
Apr 3, 2013
Sold by
Taggart Batricia
Bought by
Hilburn Scott and Hilburn Julia
Seller's Agent
Christine Hudak
Champions Real Estate
Buyer's Agent
Ryan Dosch
Emerald Door Real Estate
List Price
$370,000
Sold Price
$370,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
72.13%
Original Mortgage
$296,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 1983
Sold by
Mierau Timothy A and Sylvia Gunn
Bought by
Williams Orland W and Williams Ruth E
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
Deambarish $749,000 First American
Woodward Madeline L $630,000 Rainier Title
Hilburn Scott $370,000 Cw Title Co
Williams Orland W $57,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deambarish $75,000
Open Deambarish $508,000
Closed Deambarish $59,200
Closed Deambarish $59,200
Closed Deambarish $540,000
Previous Owner Woodward Madeline L $506,050
Previous Owner Woodward Madeline L $504,000
Previous Owner Hilbun Julia $417,000
Previous Owner Hilburn Scott $296,000
Previous Owner Williams Ruth E $235,835
Previous Owner Williams Ruth E $201,650
Previous Owner Williams Ruth E $187,282
Previous Owner Williams Ruth E $185,440
Previous Owner Williams Ruth E $24,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2016 08/05/16 Sold $749,000 0.0% $340 / Sq Ft
06/28/2016 06/28/16 Pending -- -- --
06/24/2016 06/24/16 For Sale $749,000 +18.9% $340 / Sq Ft
04/04/2014 04/04/14 Sold $630,000 +5.0% $326 / Sq Ft
03/19/2014 03/19/14 Pending -- -- --
03/11/2014 03/11/14 For Sale $600,000 +62.2% $310 / Sq Ft
04/12/2013 04/12/13 Sold $370,000 0.0% $167 / Sq Ft
03/09/2013 03/09/13 Pending -- -- --
01/20/2013 01/20/13 For Sale $370,000 -- $167 / 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 $10,723 $1,091,000 $505,000 $586,000
2023 $9,967 $1,041,000 $505,000 $536,000
2022 $9,392 $1,098,000 $436,000 $662,000
2021 $9,047 $1,009,000 $396,000 $613,000
2020 $8,332 $922,000 $358,000 $564,000
2018 $8,009 $867,000 $276,000 $591,000
2017 $6,694 $799,000 $236,000 $563,000
2016 $6,351 $688,000 $197,000 $491,000
2015 $5,316 $638,000 $183,000 $455,000
2014 -- $544,000 $153,000 $391,000
2013 -- $308,000 $145,000 $163,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM966477

Northwest Multiple Listing Service (NWMLS)

APN: 982820-1182