NOT LISTED FOR SALE

5306 Martin Luther King jr Way S Seattle, WA 98118

Columbia City Neighborhood

Estimated Value: $1,196,502

2 Beds
1 Bath
983 Sq Ft
$1,217/Sq Ft Est. Value

Last Sold January 22, 2021

Last sale price $480,000 $488 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $7,269/month

Highlights

  • Deck
  • Traditional Architecture
  • Partially Fenced Property
  • Hawthorne Elementary School Rated A-
  • Ceramic Tile Flooring
  • Level Lot

About This Home

As of January 2021

Move-in ready home with endless opportunity and potential. Recently updated with an open floor plan. New flooring installed throughout. Beautiful kitchen that boasts new appliances, elegant cabinets, stunning countertops, and a European style range to top it off. Laundry room with matching W/D tucked next to the bonus room. Large deck outside with attached shed. Minutes from Columbia City, light rail, restaurants, and easy access to freeways. *RARE*Land is Neighborhood commercially zoned (NC2-55). Potential to build commercially, multi-story, and mixed-use structures.

Last Agent to Sell the Property

Johnny Chen

WeLakeside License #20118657 Listed on: 11/25/2020

WeLakeside

Last Buyer's Agent

Hannah Scott

Epique Realty License #20106650

Epique Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1693031

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,101

Year Built

  • Built in 1929

Lot Details

  • Partially Fenced Property
  • Level Lot
  • Value in Land
  • Property is zoned NC2-55

Parking

  • Off-Street Parking

Home Design

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

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Community Details

  • Columbia City Community

Listing and Financial Details

  • Assessor Parcel Number 6888900155

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,101

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Architecture: Traditional
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Ceiling Fan(s), Walk-In Closet
  • Floor Covering: Ceramic Tile, Laminate
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.00
  • Bathrooms Main: Main
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 983

Exterior Features

  • Exterior: Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition

Garage/Parking

  • Parking Type: Off Street

Utilities

  • Heating And Cooling: Wall
  • Power Company: SPU
  • Sewer: Available
  • Sewer Company: SPU
  • Water Company: SPU
  • Water Heater: Laundry room-Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Columbia City

Schools

  • Elementary School: Hawthorne
  • Middle School: Mercer Mid
  • High School: Franklin High
  • School District: SEA

Lot Info

  • Lot Number: 2
  • Lot Details: Alley, Value In Land
  • Lot Sq Ft: 2180
  • Lot Topography Vegetation: Level
  • Parcel Number: 6888900155
  • Zoning Code: NC2-55
  • Zoning Jurisdiction: City
  • Lot Topography: Level

Tax Info

  • Tax Amount: 3011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2022
Sold by
5306 Mlk Way S Seattle Llc
Bought by
Le Truong
Current Estimated Value
$1,196,502

Purchase Details

Closed on
Oct 6, 2020
Sold by
Le Truong N
Bought by
5306 Mlk Way S Seattle Llc

Purchase Details

Closed on
Oct 3, 2020
Sold by
Phan Thuy T
Bought by
Le Truong N

Purchase Details

Closed on
Dec 23, 2003
Sold by
Washington Bertha
Bought by
Le Truong N and Phan Thuy T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.81%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Le Truong -- --
5306 Mlk Way S Seattle Llc -- None Available
Le Truong N -- None Listed On Document
Le Truong N $385,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Le Truong N $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2021 01/22/21 Sold $480,000 -1.0% $488 / Sq Ft
12/11/2020 12/11/20 Pending -- -- --
11/25/2020 11/25/20 For Sale $485,000 -- $493 / 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 $11,101 $1,042,000 $1,042,000 --
2023 $13,689 $1,552,100 $937,800 $614,300
2022 $14,207 $1,522,700 $903,100 $619,600
2021 $14,830 $1,467,200 $903,100 $564,100
2020 $14,092 $1,467,200 $903,100 $564,100
2018 $12,658 $1,268,100 $625,200 $642,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1693031

Northwest Multiple Listing Service (NWMLS)

APN: 688890-0150