Listed by Windermere Bellevue Commons, Bought with Bricksfolios RE Solutions
NOT LISTED FOR SALE

423 Martin Luther King jr Way S Unit A Seattle, WA 98144

Atlantic Neighborhood

Estimated Value: $647,000 - $753,000

2 Beds
2.5 Baths
1,240 Sq Ft
$561/Sq Ft Est. Value

Last Sold January 31, 2022

Last sale price $725,000 $585 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,161/month

6 Days on Market

Highlights

  • New Construction
  • Rooftop Deck
  • Territorial View
  • Garfield High School Rated A
  • Property is near public transit
  • 2-minute walk to Flo Ware Park

About This Home

As of January 2022

Brand new townhome just completed in 2021 with assigned parking. This stunning modern unit truly fits the city living lifestyle. 1250 sqft, 2 bedrooms, 2.25 baths, a good-sized private rooftop deck, and a patio area. Open floor concept, quartz countertops, high-quality cabinets, GE profile SS appliances, oak hardwood floors throughout & ductless mini-splits for efficient heating & cooling. Master with en-suite walk-in shower & double vanity. 2nd bedroom with a full bath next to it. Powder room on living area level. Walk to Amazon fresh, Starbucks, fitness & other amenities. Easy access to I-5, S Lake Union, & DT Seattle. Near bus line, parks, sports field & close to upcoming light rail. Invest or live in. Don't miss it.

Last Agent to Sell the Property

Janice Cai

Windermere Bellevue Commons License #117062 Listed on: 11/19/2021

Windermere Bellevue Commons

Last Buyer's Agent

Jo Dixit

Bricksfolios RE Solutions License #26924

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1856568

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,412

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 1,015 Sq Ft Lot
  • Level Lot
  • Property is in very good condition

Home Design

  • Flat Roof Shape
  • Poured Concrete
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 1,240 Sq Ft Home
  • Multi-Level Property
  • Dining Room
  • Territorial Views

Kitchen

  • Oven or Range
  • Stove
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

Home Security

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Rooftop Deck
  • Patio

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Leschi Elementary School
  • Wash Mid Middle School
  • Garfield High School

Utilities

  • Mini Split Air Conditioners
  • Heat Pump System
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1250200642

Community Details

Overview

  • Burkes 2Nd Addition Condos
  • Leschi Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Security

  • Storm Windows

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,412

Year Built

Built in 2021 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 32 - Townhouse
  • Year Built: 2021
  • Inclusions: Dishwasher,GarbageDisposal,Refrigerator,StoveRange,TrashCompactor
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Burkes 2nd Addition
  • Unit Levels: Multi/Split
  • New Construction: Yes
  • CalculatedSquareFootage: 1240
  • EffectiveYearBuiltSource: See Remarks
  • SeniorExemption: false
  • NewConstruction: Completed
  • Special Features: 4098

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Refrigerator, Stove/Range, Trash Compactor
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Ductless HP-Mini Split, Forced Air, Heat Pump, Ceramic Tile, Hardwood, Bath Off Primary, Double Pane/Storm Window, Dining Room, Water Heater
  • Living Area: 1240
  • Main Level Bedrooms: 1
  • BathsFullMain: 1
  • SquareFootageFinished: 1240
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 1
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 1
  • AppliancesIncluded: Dishwasher,Garbage Disposal,Refrigerator,Stove/Range,Trash Compactor

Exterior Features

  • Roof: Flat
  • View: Territorial
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Townhouse
  • BusLineNearby: true
  • ConstructionMethods: Standard Frame
  • BusRouteNumber: 8

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway, Off Street

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electricity Available, Natural Gas Connected
  • HeatingCoolingType: Baseboard,Ductless HP-Mini Split,Forced Air,Heat Pump
  • PowerCompany: Seattle City Light
  • SewerCompany: Seattle Public Utilities
  • WaterCompany: Seattle Public Utilities
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No

Schools

  • Junior High Dist: Seattle
  • High School: Garfield High
  • Middle Or Junior School: Wash Mid

Lot Info

  • Parcel Number: 1250200642
  • Topography: Level
  • Lot Size Acres: 0.0233
  • Lot Size Sq Ft: 1015
  • Zoning Description: LR2
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Gas Available,High Speed Internet,Patio,Rooftop Deck
  • MLSLotSizeSource: KC Records
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4412

Multi Family

  • EnergySource: Electric,Natural Gas

MLS Schools

  • Elementary School: Leschi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2021
Closed on
Jan 3, 2022
Sold by
Everbright Homes Llc
Bought by
Shahani Sanjay and Shahani Lavanya
Seller's Agent
Janice Cai
Windermere Bellevue Commons
Buyer's Agent
Jo Dixit
Bricksfolios RE Solutions
List Price
$725,000
Sold Price
$725,000
Current Estimated Value
$695,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,867
Avg. Annual Appreciation
-1.12%
Original Mortgage
$507,500
Outstanding Balance
$462,213
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$232,920
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
Shahani Sanjay $725,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shahani Sanjay $507,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2022 01/31/22 Sold $725,000 0.0% $585 / Sq Ft
11/25/2021 11/25/21 Pending -- -- --
11/19/2021 11/19/21 For Sale $725,000 -- $585 / 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 $6,194 $646,000 $279,000 $367,000
2023 $5,520 $617,000 $279,000 $338,000
2022 $5,820 $651,000 $241,000 $410,000
2021 $4,403 $634,000 $219,000 $415,000
2020 $3,034 $450,000 $198,000 $252,000
2018 -- $311,000 $92,000 $219,000
Source: Public Records

Agents Affiliated with this Home

  • Janice Cai

    Seller's Agent in 2022

    Janice Cai

    Windermere Corporate

    (425) 691-6998

    9 in this area

    190 Total Sales

    Janice Cai
    Section Image
  • Jo Dixit

    Buyer's Agent in 2022

    Jo Dixit

    Bricksfolios RE Solutions

    (425) 503-1225

    4 in this area

    134 Total Sales

    Jo Dixit
    Section Image

  • J

    Buyer Co-Listing Agent in 2022

    James Betzer

    Reaologics Sothebys International Realty

    (425) 658-5300

    3 in this area

    3 Total Sales

    James Betzer
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1856568

Northwest Multiple Listing Service (NWMLS)

APN: 125020-0642

Washington King County Seattle 98144 Atlantic

423 Martin Luther King jr Way S Unit A, Seattle, WA

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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