NOT LISTED FOR SALE

5040 Martin Luther King jr Way S Unit A Seattle, WA 98118

Columbia City Neighborhood

Estimated Value: $526,000 - $537,660

2 Beds
1 Bath
960 Sq Ft
$555/Sq Ft Est. Value

Last Sold June 30, 2015

Last sale price $240,000 $250 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $3,212/month

2 Days on Market

Highlights

  • Northwest Architecture
  • 4-minute walk to St Light Rail & Columbia City Station (Sb)
  • Bamboo Flooring
  • Hawthorne Elementary School Rated A-
  • Territorial View
  • Partially Fenced Property

About This Home

As of June 2015

Live Urban! Contemporary town home. No HOA or dues. Built in 2008, well cared for 1 owner home is beautifully modern. Offers off street parking for 2 on the light rail line. In City amenities: shopping, transit & entertainment just minutes away. Cheaper than rent. Private yard has been converted to 2nd parking space.

Last Agent to Sell the Property

Michaelle Crovisier

KW North Sound License #16936 Listed on: 05/22/2015

KW North Sound

Co-Listed By

Daryl Johnson

Johnson & Assoc. Realty Inc License #8407

Last Buyer's Agent

Melissa Canfield

eXp Realty License #23437

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM792488

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,493

Year Built

  • Built in 2008

Lot Details

  • 1,307

Parking

  • Off-Street Parking

Home Design

  • Northwest Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Wall to Wall Carpet
  • Concrete

Laundry

  • Dryer
  • Washer

Additional Features

  • Territorial Views
  • 1 Bathroom
  • Partially Fenced Property
  • Cable TV Available

Community Details

  • Columbia City Community

Listing and Financial Details

  • Assessor Parcel Number 2660500267

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,493

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 32 - Townhouse
  • Architecture: Nw Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Lower
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Vaulted Ceilings
  • Floor Covering: Bamboo/Cork, Concrete, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Lower Level Bedroom: 1
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms Lower: 1
  • Master Bedroom: Upper
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 960
  • Square Footage Finished: 960

Exterior Features

  • Exterior: Cement/Concrete, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Off Street

Utilities

  • Heating And Cooling: Wall
  • Power Company: Seattle City Light
  • Sewer: Sewer Connected
  • Sewer Company: Seattle
  • Water Company: Seattle
  • Water Heater: south side of home-electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Columbia City
  • Project: Fryesadd to

Schools

  • Elementary School: Seattle Public Sch
  • Middle School: Seattle Public Sch
  • High School: Seattle Public Sch
  • School District: SEA

Lot Info

  • Lot Number: 5
  • Lot Details: Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 1169
  • Lot Topography Vegetation: Level
  • Parcel Number: 2660500267
  • Zoning Code: LR3 RC
  • Zoning Jurisdiction: City
  • Lot Topography: Level

Tax Info

  • Tax Amount: 2123

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2015
Closed on
Jun 24, 2015
Sold by
Rodgers Robert
Bought by
Levine Emily
Seller's Agent
Michaelle Crovisier
KW North Sound
Buyer's Agent
Melissa Canfield
eXp Realty
List Price
$205,000
Sold Price
$240,000
Premium/Discount to List
$35,000
17.07%
Current Estimated Value
$533,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,165
Avg. Annual Appreciation
8.07%
Original Mortgage
$228,000
Outstanding Balance
$176,969
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$356,196

Purchase Details

Closed on
May 16, 2012
Sold by
Tran Thuy and Nguyen Thuc
Bought by
Tran Thuy and Nguyen Thuc

Purchase Details

Closed on
Dec 24, 2010
Sold by
Magnolia Bertona 23 Llc
Bought by
Rodgers Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,476
Interest Rate
4.34%
Mortgage Type
FHA
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
Levine Emily $240,000 Ticor National
Tran Thuy -- None Available
Rodgers Robert A $139,000 Old Republic T
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Levine Emily $228,000
Previous Owner Rodgers Robert A $135,476
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2015 06/30/15 Sold $240,000 +17.1% $250 / Sq Ft
05/25/2015 05/25/15 Pending -- -- --
05/22/2015 05/22/15 For Sale $205,000 -- $214 / 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 $4,493 $461,000 $241,000 $220,000
2023 $4,151 $431,000 $237,000 $194,000
2022 $4,866 $521,000 $225,000 $296,000
2021 $4,515 $526,000 $204,000 $322,000
2020 $4,114 $462,000 $179,000 $283,000
2018 $3,902 $420,000 $97,000 $323,000
2017 $3,205 $390,000 $86,000 $304,000
2016 $2,698 $330,000 $72,000 $258,000
2015 -- $270,000 $64,000 $206,000
2014 -- $255,000 $56,000 $199,000
2013 -- $188,000 $59,000 $129,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM792488

Northwest Multiple Listing Service (NWMLS)

APN: 266050-0267