1516 Martin Luther King jr Way Seattle, WA 98122
Madrona NeighborhoodEstimated Value: $630,000 - $896,513
2
Beds
2
Baths
890
Sq Ft
$882/Sq Ft
Est. Value
About This Home
This home is located at 1516 Martin Luther King jr Way, Seattle, WA 98122 and is currently estimated at $785,128, approximately $882 per square foot. 1516 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
Jan 5, 2018
Sold by
Kaiser Daniel G
Bought by
Nichols David F
Current Estimated Value
Purchase Details
Closed on
Sep 14, 2001
Sold by
Kaiser Daniel G
Bought by
Kaiser Daniel G and Kresser Steven E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
6.99%
Purchase Details
Closed on
Jun 12, 2000
Sold by
Carey Raymond W
Bought by
Kaiser Daniel G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
9.5%
Purchase Details
Closed on
Feb 17, 1994
Sold by
Bowers Boyd F
Bought by
Carey Raymond W
Purchase Details
Closed on
Mar 12, 1993
Sold by
Baclawski Mark J
Bought by
Bowers Boyd F
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
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Kaiser Daniel G | $82,646 | Washington Title | |
Kaiser Daniel G | -- | Evergreen Title Company Inc | |
Carey Raymond W | $80,000 | Commonwealth Land Title | |
Bowers Boyd F | $98,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Kaiser Daniel | $50,000 | |
Closed | Kaiser Daniel G | $166,500 | |
Closed | Kaiser Daniel G | $166,500 | |
Closed | Carey Raymond W | -- |
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 | $7,203 | $719,000 | $481,000 | $238,000 |
2023 | $6,871 | $699,000 | $481,000 | $218,000 |
2022 | $6,470 | $737,000 | $415,000 | $322,000 |
2021 | $6,319 | $678,000 | $377,000 | $301,000 |
2020 | $5,157 | $629,000 | $341,000 | $288,000 |
2018 | $4,509 | $519,000 | $288,000 | $231,000 |
2017 | $3,605 | $433,000 | $246,000 | $187,000 |
2016 | $3,420 | $354,000 | $205,000 | $149,000 |
2015 | $2,877 | $329,000 | $190,000 | $139,000 |
2014 | -- | $281,000 | $159,000 | $122,000 |
2013 | -- | $292,000 | $145,000 | $147,000 |
Source: Public Records
Map
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