NOT LISTED FOR SALE

1516 Martin Luther King jr Way Seattle, WA 98122

Madrona Neighborhood

Estimated 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
$785,128

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

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.

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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.

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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.

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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.

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Average Value
Not Available
List Price
Sold Price
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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
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

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 $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

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