W
Seller's Agent in 2022
Winslow Lee
Kidder Mathews
5022 Martin Luther King jr Way S Seattle, WA 98118
Columbia City NeighborhoodEstimated Value: $1,293,200
0.39
Acre
$3,351,996
Price per Acre
16,805
Sq Ft Lot
Highlights
- Golf Course View
- 4-minute walk to St Light Rail & Columbia City Station (Sb)
- No HOA
- Hawthorne Elementary School Rated A-
- 0.39 Acre Lot
- Level Lot
About This Lot
As of June 2022An opportunity to own 16,807 SF of raw development land in South Seattle. Zoned LR3 RC (M) for apartments, located just south of the Columbia City Light Rail Station.
Last Agent to Sell the Property
Winslow Lee
Kidder Mathews License #136708 Listed on: 03/04/2022
Last Buyer's Agent
Winslow Lee
Kidder Mathews License #136708 Listed on: 03/04/2022
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1897340
Property Details
Property Type
- Land
Est. Annual Taxes
- $21,389
Lot Details
- 0.39 Acre Lot
- Level Lot
- Zoning described as LR3 RC (M)
Property Views
- Golf Course
- City
- Mountain
Community Details
- No Home Owners Association
- Columbia City Subdivision
Listing and Financial Details
- Assessor Parcel Number 2660500247
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 4, 2022
Closed on
May 1, 2022
Sold by
Ascent Capital Fund Iii Llc
Bought by
5022 Mlk Jr Way S Llc
Seller's Agent
Winslow Lee
Kidder Mathews
Buyer's Agent
Winslow Lee
Kidder Mathews
List Price
$1,750,000
Sold Price
$1,350,000
Premium/Discount to List
-$400,000
-22.86%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$56,800
Avg. Annual Appreciation
-1.27%
Purchase Details
Closed on
May 12, 2021
Sold by
Build Urban Llc
Bought by
Ascent Capital Fund Iii Llc
Purchase Details
Closed on
Jul 21, 2020
Sold by
Build Urban Llc
Bought by
Ascent Capital Fund Iii Llc
Purchase Details
Closed on
Mar 21, 2018
Sold by
Build Urban Llc
Bought by
5022 Mlk Partners Llc
Purchase Details
Closed on
Jul 10, 2017
Sold by
Nguyen Thuc V and Tran Lieu T
Bought by
Build Urban Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
3.94%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 8, 1998
Sold by
Dere Suey Lung
Bought by
Vannguyen Thuc and Tran Thuy Lieu T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.88%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Aug 26, 1994
Sold by
Dere Ling Ngar
Bought by
Dere Suey Lung
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,500
Interest Rate
8.65%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 5022 Mlk Jr Way S Llc | $1,350,000 | None Listed On Document | |
| Ascent Capital Fund Iii Llc | $2,250,000 | None Available | |
| Ascent Capital Fund Iii Llc | -- | First American Title | |
| 5022 Mlk Partners Llc | -- | Accommodation | |
| Build Urban Llc | $1,200,000 | Wfg National T | |
| Vannguyen Thuc | $191,000 | Chicago Title Insurance | |
| Dere Suey Lung | -- | Stewart Title Company | |
| Dere Suey Lung | $93,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Build Urban Llc | $1,400,000 | |
| Previous Owner | Vannguyen Thuc | $150,000 | |
| Previous Owner | Dere Suey Lung | $93,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/02/2022 06/02/22 | Sold | $1,350,000 | -22.9% | -- |
| 03/18/2022 03/18/22 | Pending | -- | -- | -- |
| 03/04/2022 03/04/22 | For Sale | $1,750,000 | -- | -- |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $21,389 | $2,268,900 | $2,268,900 | -- |
| 2023 | $21,389 | $2,268,900 | $2,268,900 | $0 |
| 2022 | $21,389 | $2,268,900 | $2,268,900 | $0 |
| 2021 | $22,386 | $2,268,900 | $2,268,900 | $0 |
| 2020 | $22,113 | $2,268,900 | $2,268,900 | $0 |
| 2018 | $17,892 | $1,933,800 | $1,932,800 | $1,000 |
| 2017 | $11,801 | $1,765,700 | $1,764,700 | $1,000 |
| 2016 | $10,403 | $1,177,400 | $1,176,400 | $1,000 |
| 2015 | $8,549 | $1,009,400 | $1,008,400 | $1,000 |
| 2014 | -- | $841,300 | $840,300 | $1,000 |
| 2013 | -- | $841,300 | $840,300 | $1,000 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1897340
APN: 266050-0247
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.
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Based on information submitted to the MLS GRID
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