NOT LISTED FOR SALE

5511 Martin Luther King jr Way S Seattle, WA 98118

Beacon Hill Neighborhood

Estimated Value: $1,036,653

-- Bed
-- Bath
2,432 Sq Ft
$426/Sq Ft Est. Value

About This Home

This home is located at 5511 Martin Luther King jr Way S, Seattle, WA 98118 and is currently estimated at $1,036,653, approximately $426 per square foot. 5511 Martin Luther King jr Way S is a home located in King County with nearby schools including Dearborn Park International Elementary School, Mercer International Middle School, and Franklin High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2019
Sold by
Luo Bin
Bought by
Nguyen Maria Hiep and Tran George Dien
Current Estimated Value
$1,036,653

Purchase Details

Closed on
Aug 27, 2014
Sold by
Wei Sun Wei and Luo Bin
Bought by
Luo Bin

Purchase Details

Closed on
Aug 3, 2010
Sold by
Centralpuget Sound Regional Transit Auth
Bought by
City Of Seattle

Purchase Details

Closed on
Mar 19, 2008
Sold by
Bracy Donald A and Bracy Carol Freeman
Bought by
Zhang Ping Shi and Van Lac Kit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.72%

Purchase Details

Closed on
Feb 15, 2008
Sold by
Lac Fanny
Bought by
Lac Kit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.72%
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.

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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.

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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.

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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.

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Average Value
Not Available
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
Nguyen Maria Hiep -- First American Title
Luo Bin -- Rainier Title
Luo Bin $470,000 Rainier Title
City Of Seattle -- None Available
Zhang Ping Shi $536,000 The Talon Grou
Lac Kit -- The Talon Grou
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zhang Ping Shi $240,000
Previous Owner Bracy Donald $190,000
Source: Public Records

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 $7,913 $723,600 $631,100 $92,500
2023 $7,041 $737,400 $631,100 $106,300
2022 $7,343 $731,900 $631,100 $100,800
2021 $7,714 $714,100 $631,100 $83,000
2020 $7,558 $724,400 $631,100 $93,300
2018 $5,788 $607,700 $516,400 $91,300
2017 $5,098 $523,100 $430,300 $92,800
2016 $4,666 $473,600 $372,900 $100,700
2015 $5,439 $422,600 $315,500 $107,100
2014 -- $522,800 $258,200 $264,600
2013 -- $522,800 $258,200 $264,600
Source: Public Records

Map

Washington King County Seattle 98118 Beacon Hill

5511 Martin Luther King jr Way S, Seattle, WA

This home is located at 5511 Martin Luther King jr Way S, Seattle, WA 98118 and is currently estimated at $1,036,653, approximately $426 per square foot. 5511 Martin Luther King jr Way S is a home located in King County with nearby schools including Dearborn Park International Elementary School, Mercer International Middle School, and Franklin High School.

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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