Listed by Windermere Real Estate/East, Bought with Windermere Real Estate Co.
NOT LISTED FOR SALE

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

Columbia City Neighborhood

Estimated Value: $534,000 - $601,000

2 Beds
2 Baths
960 Sq Ft
$579/Sq Ft Est. Value

Last Sold December 23, 2021

Last sale price $515,000 $536 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,333/month

Highlights

  • Contemporary Architecture
  • 4-minute walk to St Light Rail & Columbia City Station (Sb)
  • Territorial View
  • Hawthorne Elementary School Rated A-
  • Property is near public transit
  • Vaulted Ceiling

About This Home

As of December 2021

IMAGINE living moments to one of the liveliest entertainment corridors in Columbia City, yet tucked away in a small compound of private townhomes. This freshly painted interior and exterior Urban Townhome boasts location and finishes indicative of the Pacific Northwest Style. Add the shopping corridor, grocery, cafes, bars, and bistros. Moments to Columbia City Light Rail Station for ease to the SEATAC airport or downtown Seattle Business District and Capitol Hill nightlife. This home seduces you to live the urban lifestyle so many desire. Amenities include an upper-level main bedroom, an abundance of windows for natural light, a territorial view, a private patio, a fully fenced area, and private parking.

Last Agent to Sell the Property

David C. Abernethy

Windermere Real Estate/East License #113379 Listed on: 10/07/2021

Windermere Real Estate/East

Last Buyer's Agent

Brooks Glenn

Windermere Real Estate Co. License #136140

Windermere Real Estate Co.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1847388

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,478

Year Built

  • Built in 2008

Lot Details

  • 1,056 Sq Ft Lot
  • North Facing Home
  • Property is Fully Fenced
  • Garden
  • Property is in good condition

Parking

  • Driveway

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 960 Sq Ft Home
  • Multi-Level Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Territorial Views
  • Home Security System

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Location

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2660500268

Community Details

Overview

  • Fryes Add To Columbia City Condos
  • Columbia City Subdivision

Security

  • Storm Windows

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,478

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 32 - Townhouse
  • Year Built: 2008
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Northwest Contemporary
  • Building Name: Fryes add to Columbia City
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 960
  • SeniorExemption: false
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Lower
  • Fireplace: No
  • Flooring: Ceramic Tile, Concrete, Laminate, Carpet
  • Interior Amenities: Ductless HP-Mini Split, Ceramic Tile, Concrete, Laminate, Wall to Wall Carpet, Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Security System, Vaulted Ceiling(s), Water Heater
  • Living Area: 960
  • Bathrooms: 1.75
  • BathsFullMain: 0
  • SquareFootageFinished: 960
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 1
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Direction Faces: North
  • Exterior Features: Cement/Concrete, Cement Planked
  • Foundation Details: Slab
  • Property Condition: Good
  • Structure Type: Townhouse
  • BusLineNearby: true
  • BusRouteNumber: 8, 38, light rail

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electricity Available
  • HeatingCoolingType: Baseboard,Ductless HP-Mini Split
  • PowerCompany: Seattle Public Utilities
  • SewerCompany: Seattle Public Utilities
  • WaterCompany: Seattle Public Utilities
  • WaterHeaterLocation: Closet
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Seattle
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 2660500268
  • Topography: Level
  • Lot Size Acres: 0.0242
  • Lot Size Sq Ft: 1056
  • Zoning Description: LR3
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,High Speed Internet,Patio
  • MLSLotSizeSource: TAX
  • MLSSquareFootageSource: TAX
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4478

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2021
Closed on
Dec 15, 2021
Sold by
Haeussler Bryan T and Haeussler Elizabeth Nola
Bought by
Knowles William
Seller's Agent
David C. Abernethy
Windermere Real Estate/East
Buyer's Agent
Brooks Glenn
Windermere Real Estate Co.
List Price
$535,000
Sold Price
$515,000
Premium/Discount to List
-$20,000
-3.74%
Current Estimated Value
$556,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,173
Avg. Annual Appreciation
2.05%
Original Mortgage
$505,672
Outstanding Balance
$464,270
Interest Rate
2.98%
Mortgage Type
FHA
Estimated Equity
$91,903

Purchase Details

Closed on
Oct 28, 2020
Sold by
Haeussler Bryan T and Craig Elizabeth Nola
Bought by
Haeussler Bryan T and Haeussler Elizabeth Nola

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
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2011
Sold by
Magnolia Bertona 23 Llc
Bought by
Hayden Lara Ellyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,960
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2002
Sold by
Oso Lara Ellyn and Hayden Lara Ellyn
Bought by
Haeussler Bryan T and Craig Elizabeth Nola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,083
Interest Rate
3.65%
Mortgage Type
New Conventional
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
Knowles William $515,000 Rainier Title
Haeussler Bryan T -- Chicago Title
Hayden Lara Ellyn $139,950 Old Republic T
Haeussler Bryan T $343,100 Rainier Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knowles William $505,672
Previous Owner Haeussler Bryan T $302,000
Previous Owner Hayden Lara Ellyn $111,960
Previous Owner Haeussler Bryan T $319,083
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2021 12/23/21 Sold $515,000 +2.0% $536 / Sq Ft
12/02/2021 12/02/21 Pending -- -- --
10/29/2021 10/29/21 Price Changed $505,000 -5.6% $526 / Sq Ft
10/07/2021 10/07/21 For Sale $535,000 +55.9% $557 / Sq Ft
04/04/2016 04/04/16 Sold $343,100 +14.4% $357 / Sq Ft View Prior Sale
03/07/2016 03/07/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $300,000 -- $313 / 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 $4,465 $458,000 $241,000 $217,000
2023 $4,123 $428,000 $237,000 $191,000
2022 $4,831 $517,000 $225,000 $292,000
2021 $4,477 $522,000 $204,000 $318,000
2020 $4,086 $458,000 $179,000 $279,000
2018 $3,873 $417,000 $97,000 $320,000
2017 $3,177 $387,000 $86,000 $301,000
2016 $2,679 $327,000 $72,000 $255,000
2015 $2,558 $268,000 $64,000 $204,000
2014 -- $253,000 $56,000 $197,000
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: 1847388

Northwest Multiple Listing Service (NWMLS)

APN: 266050-0268