Listed by Unlock Seattle Real Estate LLC, Bought with COMPASS
$1,825,000
SOLD NOV 6, 2024

1816 Martin Luther King jr Way Seattle, WA 98122

Madrona Neighborhood
4 Beds
3.5 Baths
3,132 Sq Ft
4,020 Sq Ft Lot

Recently Sold

$583 Per Sq Ft

13% Below List Price

104 Days on Market

Highlights

  • Deck
  • Engineered Wood Flooring
  • Walk-In Pantry
  • Garfield High School Rated A
  • No HOA
  • 4-minute walk to William Grose Park

About This Home

As of November 2024

This stunning beauty is sophistication defined. Upon entry, the level of craftsmanship and attention to detail is abundantly clear. The open-concept floor plan is every entertainer's dream, highlighted by an enviable kitchen that spills seamlessly into the living and dining spaces, creating a warm, inviting ambiance with room for all. Swoon-worthy primary en suite with private balcony, generously-sized bedrooms with custom walk-in closets, efficient heat pump A/C, timeless millwork, and extensive builder upgrades throughout. Lovely outdoor area with low-maintenance turf and hardscaping. The detached 2-car heated garage (alley access & EV charger) and coveted Madrona/Madison Valley location put the exclamation mark on this remarkable home!

Last Agent to Sell the Property

Stephanie Hart

Unlock Seattle Real Estate LLC License #25307 Listed on: 06/11/2024

Unlock Seattle Real Estate LLC

Co-Listed By

Lyrica Hart

Unlock Seattle Real Estate LLC License #88260

Last Buyer's Agent

James McCarthy

COMPASS License #95377

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2249625

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,005

Year Built

  • Built in 2018

Lot Details

  • 4,020 Sq Ft Lot
  • West Facing Home
  • Property is Fully Fenced
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Stone Siding
  • Cement Board or Planked

Interior Spaces

  • 3,132 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Gas Fireplace
  • Dining Room
  • Finished Basement

Kitchen

  • Walk-In Pantry
  • Stove
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Deck
  • Patio

Utilities

  • Ductless Heating Or Cooling System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Madrona Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9828701255

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,005

Year Built

Built in 2018

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 18 - 2 Stories w/Bsmnt
  • Year Built: 2018
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 3132
  • SeniorExemption: false
  • Special Features: VirtualTour
  • Cumulative Days on Market: 325

Interior Features

  • Fireplaces: 1
  • Basement: Finished
  • Appliances: Dishwasher(s), Dryer(s), Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Engineered Hardwood, Carpet
  • Interior Amenities: Bath Off Primary, Ceramic Tile, Double Pane/Storm Window, Dining Room, Fireplace, Security System, Walk-In Closet(s), Walk-In Pantry, Wall to Wall Carpet, Wet Bar
  • Living Area: 3132
  • Main Level Bathrooms: 1
  • Bathrooms: 3.5
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 3132
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 2
  • BedroomsUpper: 2
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • NWM_NumberOfBathtubs: 3
  • NWM_NumberOfShowers: 3

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Direction Faces: West
  • Exterior Features: Cement Planked, Stone, Wood
  • Foundation Details: Poured Concrete
  • Structure Type: House

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Detached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced, SecuritySystem
  • Cooling: Ductless HP-Mini Split
  • Cooling Y N: Yes
  • Heating: Ductless HP-Mini Split
  • Heating Yn: Yes
  • PowerCompany: SPU
  • SewerCompany: SPU
  • WaterCompany: SPU

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 9828701255
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.0923
  • Lot Size Sq Ft: 4020
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Electric Car Charging,Fenced-Fully,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: Tax Records
  • MLSSquareFootageSource: Builder Plans

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 14005

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2024
Sold by
Johnson Christopher G and Thompson Megan
Bought by
Johnson-Thompson Family Trust and Johnson
Current Estimated Value
$1,912,260

Purchase Details

Closed on
Jun 28, 2024
Sold by
Johnson-Thompson Family Trust and Johnson Christopher G
Bought by
Growthmode Llc

Purchase Details

Listed on
Apr 13, 2020
Closed on
Jun 18, 2020
Sold by
Griffin Malcolm J
Bought by
Johnson Christopher G and Thompson Megan
Seller's Agent
Maria Elguezabal
Windermere Real Estate Midtown
Buyer's Agent
Stephanie Hart
Unlock Seattle Real Estate LLC
List Price
$1,620,000
Sold Price
$1,620,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.33%
Original Mortgage
$1,296,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 12, 2015
Closed on
Dec 1, 2015
Sold by
Cooper Bryan K and Edens Bruce P
Bought by
Griffin Malcolm J
Seller's Agent
Jim Gram
Windermere Real Estate Co.
Buyer's Agent
Jim Selden
John L. Scott, Inc
List Price
$480,000
Sold Price
$560,000
Premium/Discount to List
$80,000
16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.43%
Original Mortgage
$560,000
Interest Rate
3.83%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 2, 2009
Sold by
Perkins Joe E
Bought by
Edens Bruce P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,000
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2002
Sold by
Steinbrueck Matthew and Steinbrueck Elizabeth U
Bought by
Cooper Bryan K and Perkins Joe E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,500
Interest Rate
5.89%

Purchase Details

Closed on
Nov 29, 1991
Sold by
Wheeler Arthur D and Wheeler Elizabeth A
Bought by
Steinbrueck Matthew and Steinbrueck Elizabeth
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 Type Sale Price Title Company
Quit Claim Deed $313 None Listed On Document
Quit Claim Deed $313 None Listed On Document
Warranty Deed $1,620,000 Cw Title
Warranty Deed $560,000 Old Republic T
Quit Claim Deed $202,500 None Available
Warranty Deed $250,000 Washington Title
Warranty Deed $100,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,269,700 New Conventional
Previous Owner $1,296,000 New Conventional
Previous Owner $675,000 New Conventional
Previous Owner $435,000 Construction
Previous Owner $560,000 Unknown
Previous Owner $302,000 New Conventional
Previous Owner $307,522 Unknown
Previous Owner $242,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2024 11/06/24 Sold $1,825,000 -2.7% $583 / Sq Ft
09/23/2024 09/23/24 Pending -- -- --
09/11/2024 09/11/24 Price Changed $1,875,000 -1.3% $599 / Sq Ft
07/26/2024 07/26/24 Price Changed $1,899,000 -3.8% $606 / Sq Ft
07/11/2024 07/11/24 Price Changed $1,975,000 -1.2% $631 / Sq Ft
06/19/2024 06/19/24 Price Changed $1,998,000 -4.8% $638 / Sq Ft
06/11/2024 06/11/24 For Sale $2,098,000 +29.5% $670 / Sq Ft
06/19/2020 06/19/20 Sold $1,620,000 0.0% $517 / Sq Ft
04/27/2020 04/27/20 Pending -- -- --
04/13/2020 04/13/20 For Sale $1,620,000 +189.3% $517 / Sq Ft
12/10/2015 12/10/15 Sold $560,000 +16.7% $315 / Sq Ft
11/21/2015 11/21/15 Pending -- -- --
11/12/2015 11/12/15 For Sale $480,000 -- $270 / 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 $15,146 $1,583,000 $481,000 $1,102,000
2023 $14,005 $1,487,000 $481,000 $1,006,000
2022 $13,207 $1,568,000 $415,000 $1,153,000
2021 $12,902 $1,441,000 $377,000 $1,064,000
2020 $12,236 $1,336,000 $341,000 $995,000
2018 $5,523 $770,000 $288,000 $482,000
2017 $4,410 $539,000 $246,000 $293,000
2016 $4,422 $441,000 $205,000 $236,000
2015 $3,721 $413,000 $207,000 $206,000
2014 -- $352,000 $173,000 $179,000
2013 -- $323,000 $154,000 $169,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2249625

Northwest Multiple Listing Service (NWMLS)

APN: 982870-1255