$560,000
SOLD DEC 10, 2015

1816 Martin Luther King jr Way Seattle, WA 98122

Madrona Neighborhood
3 Beds
1 Bath
1,780 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$315 Per Sq Ft

17% Above List Price

8 Days on Market

Highlights

  • Spa
  • Craftsman Architecture
  • Bamboo Flooring
  • Garfield High School Rated A
  • Deck
  • 4-minute walk to William Grose Park

About This Home

As of November 2024

Here’s a project home with many projects done, some for you to finish, change direction or start anew with a level, sizable, street-to-alley lot in Seattle’s Madison Valley, so close to urban everything. Handsome kitchen and bath remodels; a relocated dining room with glass-paned, French doors leading to a deck; and a finished lower level with bedroom bath and wine cellar. Current floor plans lends itself well to an open-concept lifestyle. The choice is yours!

Last Agent to Sell the Property

Jim Gram

Windermere Real Estate Co. License #24780 Listed on: 11/12/2015

Windermere Real Estate Co.

Last Buyer's Agent

Jim Selden

John L. Scott, Inc License #34685

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM869555

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,146

Year Built

  • Built in 1927

Lot Details

  • Partially Fenced Property
  • Level Lot
  • Property is zoned SF 5000

Parking

  • Off-Street Parking

Home Design

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

Kitchen

  • Oven or Range
  • <<microwave>>
  • Dishwasher

Flooring

  • Bamboo
  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Outdoor Features

  • Spa
  • Deck
  • Outbuilding

Additional Features

  • 1 Bathroom
  • Cable TV Available
  • Finished Basement

Community Details

  • Madison Valley Community

Listing and Financial Details

  • Assessor Parcel Number 9828701255

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,146

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Architecture: Craftsman
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wine Cellar, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, French Doors
  • Floor Covering: Bamboo/Cork, Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Microwave, Range/Oven
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 2
  • Lower Level Bedroom: 1
  • Bathrooms: 1.75
  • Bathrooms Main: Lower
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Lower: 1
  • Master Bedroom: Main
  • Basement: Fully Finished
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1780
  • Square Footage Finished: 1780

Exterior Features

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

Garage/Parking

  • Parking Type: Off Street

Utilities

  • Heating And Cooling: Forced Air, High Efficiency (Unspecified)
  • Power Company: PSE/Seattle City Light
  • Sewer: Sewer Connected
  • Sewer Company: Seattle Public Utilities
  • Water Company: Seattle Public Utilities
  • Water Heater: Lower Level-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Madison Valley
  • Project: Yeslers H L 2nd Add

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: SEA

Lot Info

  • Lot Number: 3-4-5
  • Lot Details: Alley, Curbs, Paved Street, Sidewalk
  • Lot Dimensions: 67' x 120'
  • Lot Sq Ft: 8040
  • Lot Topography Vegetation: Level
  • Parcel Number: 9828701255
  • Zoning Code: SF 5000
  • Zoning Jurisdiction: City
  • Lot Topography: Level

Tax Info

  • Tax Amount: 3721

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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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: NWM869555

Northwest Multiple Listing Service (NWMLS)

APN: 982870-1255