NOT LISTED FOR SALE

5929 Martin Luther King jr Way S Seattle, WA 98118

Beacon Hill Neighborhood

Estimated Value: $869,000 - $2,135,887

4 Beds
2 Baths
1,990 Sq Ft
$744/Sq Ft Est. Value

Last Sold June 17, 2019

Last sale price $895,000 $450 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $9,584/month

61 Days on Market

Highlights

  • RV Access or Parking
  • Deck
  • 1 Fireplace
  • Mercer International Middle School Rated A-
  • Wood Flooring
  • Double Oven

About This Home

As of June 2019

reduce $150,000. Excellent opportunity to own Prime location on MLK between Orcas n Graham,next to light rail, McDonald and star buck.Zoning C165 commercial/house plus over 5000 sq vacant lot zoning allows for retail,office,multi,and mix use lot of possibilities. You can build up to 65 hght. House is completed been remodel from top to bottom, 4 bed 2 bath and have hug new deck. Currently producing rental income from vacation airbnb .Live in the house and build 4 unit town house in vacant lot.

Last Agent to Sell the Property

Tonyhai Nguyen

Home Realty License #4631 Listed on: 03/10/2019

Last Buyer's Agent

Ali Samael

COMPASS License #134650

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1431868

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,442

Year Built

  • Built in 1929

Lot Details

  • Open Space
  • Dog Run
  • Partially Fenced Property
  • Level Lot
  • Value in Land
  • Property is zoned C165

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Vinyl Construction Material
  • Wood Composite

Kitchen

  • Double Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Detached Carport Space
  • Off-Street Parking
  • RV Access or Parking

Utilities

  • High Speed Internet
  • Cable TV Available

Additional Features

  • 1 Fireplace
  • Deck
  • Finished Basement

Community Details

  • Columbia City Community

Listing and Financial Details

  • Assessor Parcel Number 2224049029

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,442

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 11 - 1 1/2 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, Jetted Tub, Skylights
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 2
  • Lower Level Bedroom: 2
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Master Bedroom: Lower
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Fully Finished
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Lower
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1990
  • Square Footage Finished: 1990

Exterior Features

  • Exterior: Metal/Vinyl, Wood, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition

Garage/Parking

  • Parking Type: Carport-Detached, Off Street
  • Total Covered Parking: 4

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: puget sound energy
  • Sewer: Available, Sewer Connected
  • Sewer Company: city of seattle
  • Water Company: city of Seattle
  • Water Heater: Downstair-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Columbia City

Schools

  • School District: SEA

Lot Info

  • Lot Details: Open Space, Paved Street, Sidewalk, Value In Land
  • Lot Sq Ft: 11413
  • Lot Topography Vegetation: Level
  • Parcel Number: 2224049029
  • Zoning Code: C165
  • Zoning Jurisdiction: City
  • Lot Topography: Level

Tax Info

  • Tax Amount: 5396

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2019
Closed on
Jun 12, 2019
Sold by
Nguyen Tonyhai and Tran Ngoc Tran D
Bought by
Wong Lui Yee and Banner Ellen Marie
Seller's Agent
Tonyhai Nguyen
Home Realty
Buyer's Agent
Ali Samael
COMPASS
List Price
$1,150,000
Sold Price
$895,000
Premium/Discount to List
-$255,000
-22.17%
Current Estimated Value
$1,480,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$585,472
Avg. Annual Appreciation
8.29%
Original Mortgage
$720,000
Outstanding Balance
$633,056
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$847,416

Purchase Details

Closed on
Jun 29, 2007
Sold by
Tran Ngoc Tran D
Bought by
Nguyen Tony Hai H

Purchase Details

Closed on
Feb 10, 2005
Sold by
Carter Israel Eugene
Bought by
Nguyen Tony Hai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,800
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2003
Sold by
Carter Israel Eugene
Bought by
Central Puget Sound Regional Transit Aut

Purchase Details

Closed on
Jan 20, 1988
Sold by
Gaidosh Michael R and Gaidosh Harriet C
Bought by
Carter Israel Eugene
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
Wong Lui Yee $900,000 Ticor Title
Nguyen Tony Hai H -- None Available
Nguyen Tony Hai $266,000 Fidelity Natio
Central Puget Sound Regional Transit Aut -- First American
Carter Israel Eugene $59,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong Lui Yee $720,000
Previous Owner Nguyen Tony Hai $212,800
Closed Nguyen Tony Hai $53,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2019 06/17/19 Sold $895,000 -10.5% $450 / Sq Ft
05/10/2019 05/10/19 Pending -- -- --
04/15/2019 04/15/19 Price Changed $1,000,000 -13.0% $503 / Sq Ft
03/10/2019 03/10/19 For Sale $1,150,000 -- $578 / 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 $20,442 $2,049,000 $2,048,000 $1,000
2023 $19,692 $2,013,000 $2,012,000 $1,000
2022 $16,545 $1,910,000 $1,909,000 $1,000
2021 $15,305 $1,726,000 $1,725,000 $1,000
2020 $6,182 $1,513,000 $1,512,000 $1,000
2018 $5,396 $513,000 $440,000 $73,000
2017 $4,505 $461,000 $387,000 $74,000
2016 $4,139 $390,000 $324,000 $66,000
2015 $3,658 $350,000 $288,000 $62,000
2014 -- $315,000 $251,000 $64,000
2013 -- $241,000 $180,000 $61,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1431868

Northwest Multiple Listing Service (NWMLS)

APN: 222404-9029