NOT LISTED FOR SALE

1808 Martin Luther King jr Way Seattle, WA 98122

Madrona Neighborhood

Estimated Value: $783,000 - $1,102,000

2 Beds
1 Bath
650 Sq Ft
$1,448/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $550,000 $846 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $6,023/month

2 Days on Market

Highlights

  • RV Access or Parking
  • Wood Flooring
  • Attached Carport
  • Garfield High School Rated A
  • 1 Fireplace
  • 3-minute walk to William Grose Park

About This Home

As of July 2021

Charming 2 bed cottage with amazing potential to soar with surrounding big neighborhood values. Make this home your own or add square footage taking advantage of spacious lot. Cozy wood stove and mid century character. Laundry area. Large lot with garden and trees, Magnificent outdoor living spaces with plenty of room to entertain in style, to garden and for a detached shop or dwelling. In the city but backyard feels like country! Carport and driveway parking. A short stroll to shops, restaurants, and City People's! This home is in a prime location just blocks from neighborhood restaurants, shops, Arboretum and Madison Park! Quick, easy bus commute to downtown, UW, Future Rapid Ride route nearby. First time on market in 40 plus years.

Last Agent to Sell the Property

Vicki Young

Real Property Associates License #128590 Listed on: 05/21/2021

Last Buyer's Agent

Anna Gabriadze

The Preview Group License #108164

The Preview Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1776046

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,179

Year Built

  • Built in 1950

Lot Details

  • Partially Fenced Property
  • Level Lot
  • Garden
  • Property is zoned SF5000

Home Design

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

Interior Spaces

  • 1 Fireplace
  • Oven or Range

Flooring

  • Wood
  • Concrete
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Attached Carport
  • RV Access or Parking

Additional Features

  • Outbuilding
  • Cable TV Available

Community Details

  • Madison Valley Community

Listing and Financial Details

  • Assessor Parcel Number 9828701245

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,179

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Concrete, Hardwood, Vinyl
  • Appliances That Stay: Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 650
  • Square Footage Finished: 650

Exterior Features

  • Exterior: Wood, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition

Garage/Parking

  • Parking Type: Carport-Attached
  • Total Covered Parking: 1

Utilities

  • Heating And Cooling: Baseboard
  • Power Company: Seattle
  • Sewer: Available
  • Sewer Company: Seattle
  • Water Company: Seattle
  • Water Heater: laundry room-electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Madison Valley

Schools

  • School District: SEA

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Lot Dimensions: 4000 sf
  • Lot Sq Ft: 4000
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 9828701245
  • Zoning Code: SF5000
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Level

Tax Info

  • Tax Amount: 4252

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Jul 27, 2021
Sold by
Buchwach Brian T
Bought by
Kaskad Llc
Seller's Agent
Vicki Young
Real Property Associates
Buyer's Agent
Anna Gabriadze
The Preview Group
List Price
$550,000
Sold Price
$550,000
Total Days on Market
2
Current Estimated Value
$941,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391,174
Avg. Annual Appreciation
13.12%
Original Mortgage
$893,700
Outstanding Balance
$821,697
Interest Rate
2.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$64,668
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
Kaskad Llc $550,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaskad Llc $893,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $550,000 0.0% $846 / Sq Ft
05/23/2021 05/23/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $550,000 -- $846 / 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 $9,179 $934,000 $481,000 $453,000
2023 $5,164 $908,000 $481,000 $427,000
2022 $5,137 $573,000 $415,000 $158,000
2021 $5,016 $527,000 $377,000 $150,000
2020 $4,252 $489,000 $341,000 $148,000
2018 $3,716 $419,000 $288,000 $131,000
2017 $2,977 $350,000 $246,000 $104,000
2016 $2,822 $286,000 $205,000 $81,000
2015 $2,376 $266,000 $190,000 $76,000
2014 -- $227,000 $159,000 $68,000
2013 -- $218,000 $145,000 $73,000
Source: Public Records

Agents Affiliated with this Home

  • Vicki Young

    Seller's Agent in 2021

    Vicki Young

    Real Property Associates

    (206) 779-3822

    1 in this area

    78 Total Sales

    Vicki Young
    Section Image

  • A

    Buyer's Agent in 2021

    Anna Gabriadze

    Realty One Group Preview

    (206) 816-9300

    1 in this area

    38 Total Sales

    Anna Gabriadze
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1776046

Northwest Multiple Listing Service (NWMLS)

APN: 982870-1245

Washington King County Seattle 98122 Madrona

1808 Martin Luther King jr Way, Seattle, WA

This home is located at 1808 Martin Luther King jr Way, Seattle, WA 98122 since 21 May 2021 and is currently estimated at $941,174, approximately $1,447 per square foot. This property was built in 1950. 1808 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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