NOT LISTED FOR SALE

2526 Martin Luther King jr Way Tacoma, WA 98405

Hilltop Neighborhood

Estimated Value: $507,000 - $553,000

4 Beds
1 Bath
1,648 Sq Ft
$317/Sq Ft Est. Value

Last Sold June 23, 2021

Last sale price $495,000 $300 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,184/month

Highlights

  • RV Access or Parking
  • Craftsman Architecture
  • Deck
  • Stadium High School Rated A-
  • Mountain View
  • 4-minute walk to Sheridan Park

About This Home

As of June 2021

Beautifully Updated 1914 Craftsman with mountain views! Room for everyone with 4 Bedrooms, 2 baths, office space and 1000 square foot unfinished basement with separate entrance and excellent ceiling height. Possible mother-in-law suite. Coved ceilings and hardwood floors are featured in the main floors open floor plan. The kitchen has tiled floors, all new stainless appliances and a light filled breakfast nook. The deck off the back of the house looks out on a large flat fully fenced yard with alley access. Huge upstairs main bedroom looks out to Mount Rainer. The original light post in the front yard works perfectly! Move in ready home with great location!

Last Agent to Sell the Property

Holly Schramm

Berkshire Hathaway HS NW License #73185 Listed on: 05/21/2021

Berkshire Hathaway HS NW

Last Buyer's Agent

Heidi Korndorffer

Keller Williams Realty PS License #115315

Keller Williams Realty PS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1778819

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,999

Year Built

  • Built in 1914

Lot Details

  • 6,534

Home Design

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

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace
  • Mountain Views
  • Unfinished Basement

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Slate Flooring
  • Vinyl

Parking

  • Off-Street Parking
  • RV Access or Parking

Additional Features

  • Deck
  • Level Lot

Community Details

  • Hilltop Community

Listing and Financial Details

  • Assessor Parcel Number 768500-625-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,999

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Architecture: Craftsman
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Ceiling Fan(s)
  • Floor Covering: Hardwood, Slate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Range/Oven, Refrigerator
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.75
  • Bathrooms Main: Lower
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Unfinished
  • Den or Office: Upper
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1648
  • Square Footage Finished: 1648

Exterior Features

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

Garage/Parking

  • Parking Type: Off Street

Utilities

  • Heating And Cooling: Forced Air, 90%+ High Efficiency
  • Sewer: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Hilltop

Schools

  • School District: TAC

Lot Info

  • Lot Details: Alley, Paved Street, Sidewalk
  • Lot Sq Ft: 6500
  • Lot Topography Vegetation: Level
  • Parcel Number: 768500-625-0
  • Zoning Jurisdiction: City
  • Lot Topography: Level

Tax Info

  • Tax Amount: 4096

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Jun 16, 2021
Sold by
Rainey Richard Roger
Bought by
Barker Lex
Seller's Agent
Holly Schramm
Berkshire Hathaway HS NW
Buyer's Agent
Heidi Korndorffer
Keller Williams Realty PS
List Price
$480,000
Sold Price
$495,000
Premium/Discount to List
$15,000
3.12%
Current Estimated Value
$521,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,741
Avg. Annual Appreciation
1.24%
Original Mortgage
$506,385
Outstanding Balance
$458,469
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$63,272

Purchase Details

Listed on
Dec 2, 2012
Closed on
Nov 13, 2013
Sold by
Quarles Ian R and Quarles Candice L
Bought by
Rainey Richard Roger
Seller's Agent
Marlee Draper
Keller Williams Seattle Metro
Buyer's Agent
Holly Schramm
Berkshire Hathaway HS NW
List Price
$120,000
Sold Price
$125,000
Premium/Discount to List
$5,000
4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.82%
Original Mortgage
$122,735
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 20, 2007
Sold by
Deutsche Bank National Trust Co
Bought by
Quarles Ian R and Quarles Candice L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2007
Sold by
Yourglich Jay A
Bought by
Deutsche Bank National Trust Co and Long Beach Mortgage Loan Trust 2006-4

Purchase Details

Closed on
Aug 25, 2004
Sold by
Thompson Will J
Bought by
Yourglich Jay A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Barker Lex $495,000 Stewart Title Company
Rainey Richard Roger $125,000 Attorneys Title Of Washingto
Quarles Ian R $170,000 Fatco
Deutsche Bank National Trust Co $195,000 Fidelity National Title
Yourglich Jay A $185,000 Fidelity National Title Co
Yourglich Jay A -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barker Lex $506,385
Previous Owner Rainey Richard Roger $122,735
Previous Owner Quarles Ian R $153,000
Previous Owner Yourglich Jay A $148,000
Closed Yourglich Jay A $37,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/23/2021 06/23/21 Sold $495,000 +3.1% $300 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $480,000 +284.0% $291 / Sq Ft
11/15/2013 11/15/13 Sold $125,000 +4.2% $76 / Sq Ft View Prior Sale
06/08/2013 06/08/13 Pending -- -- --
12/01/2012 12/01/12 For Sale $120,000 -- $73 / 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
2025 $4,999 $483,600 $239,800 $243,800
2024 $4,999 $476,800 $232,700 $244,100
2023 $4,999 $449,000 $220,400 $228,600
2022 $4,534 $473,600 $222,000 $251,600
2021 $4,096 $325,800 $114,900 $210,900
2019 $3,479 $302,000 $91,400 $210,600
2018 $3,259 $267,600 $80,100 $187,500
2017 $2,794 $206,200 $57,800 $148,400
2016 $2,503 $152,600 $40,500 $112,100
2014 $2,255 $143,900 $41,700 $102,200
2013 $2,255 $135,000 $41,700 $93,300
Source: Public Records

Agents Affiliated with this Home

  • Holly Schramm

    Seller's Agent in 2021

    Holly Schramm

    Berkshire Hathaway HomeServices Northwest Real Estate

    (206) 390-9268

    3 in this area

    60 Total Sales

    Holly Schramm
    Section Image

  • H

    Buyer's Agent in 2021

    Heidi Korndorffer

    Keller Williams Realty PS

    (425) 345-1216

    2 in this area

    35 Total Sales

    Heidi Korndorffer
    Section Image

  • M

    Seller's Agent in 2013

    Marlee Draper

    Keller Williams Downtown Seattle

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1778819

Northwest Multiple Listing Service (NWMLS)

APN: 768500-6250

Washington Pierce County Tacoma 98405 Hilltop

2526 Martin Luther King jr Way, Tacoma, WA

This home is located at 2526 Martin Luther King jr Way, Tacoma, WA 98405 since 21 May 2021 and is currently estimated at $521,741, approximately $316 per square foot. This property was built in 1914. 2526 Martin Luther King jr Way is a home located in Pierce County with nearby schools including McCarver Elementary School, Hilltop Heritage Middle School, and Stadium 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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