Seller's Agent in 2022
Ann Hiatt
Heaton Dainard, LLC
(425) 802-3717
1 in this area
31 Total Sales
Listed by Heaton Dainard, LLC, Bought with Aspire Real Estate, LLC
5955 Martin Luther King jr Way S Seattle, WA 98118
Beacon Hill NeighborhoodEstimated Value: $435,000 - $607,528
3
Beds
1
Bath
640
Sq Ft
$822/Sq Ft
Est. Value
Highlights
- City View
- Deck
- 1 Fireplace
- Mercer International Middle School Rated A-
- Property is near public transit
- No HOA
About This Home
As of July 2022MIXED USE INVESTMENT OPPORTUNITY! This 4,205sqft lot is located in the heart of South Seattle & zoned NC2-75 for commercial OR residential use. Envision the possibilities – make necessary repairs to rent out the existing single-family home while you obtain permits to build 4+ townhomes, OR a mixed-use apartment building (23,127 allowable gross sf) w/ retail businesses on the bottom! A walk score of 84, paired with its close proximity to freeways, the light rail, dining, & shopping, make this location an attractive option for current & future renters to be. It's only a matter of time before this convenient area becomes one of Seattle’s sought after neighborhoods! Great opportunity to build affordable housing & capitalize on the tax benefits!
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1909436
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,430
Year Built
- Built in 1924
Lot Details
- 4,205 Sq Ft Lot
- Level Lot
- Value in Land
- Zoning described as NC2-75 (M)
Property Views
- City
- Territorial
Home Design
- Fixer Upper
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 640 Sq Ft Home
- 1-Story Property
- 1 Fireplace
- Unfinished Basement
Flooring
- Wall to Wall Carpet
- Laminate
Bedrooms and Bathrooms
- 1 Full Bathroom
Parking
- Driveway
- Off-Street Parking
Outdoor Features
- Deck
Location
- Property is near public transit
- Property is near a bus stop
Schools
- Dearborn Park Elementary School
- Mercer Mid Middle School
- Franklin High School
Utilities
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Seattle Subdivision
Listing and Financial Details
- Assessor Parcel Number 7186800095
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 6, 2022
Closed on
Jul 18, 2022
Sold by
Turner Daniel A
Bought by
Shimeles Adal and Negash Almaz
Seller's Agent
Ann Hiatt
Heaton Dainard, LLC
Buyer's Agent
Samson Asfaw
Aspire Real Estate, LLC
List Price
$399,998
Sold Price
$455,000
Premium/Discount to List
$55,002
13.75%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,882
Avg. Annual Appreciation
4.67%
Original Mortgage
$50,000
Outstanding Balance
$48,098
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$477,785
Purchase Details
Closed on
Feb 16, 2022
Sold by
Arzelia Barnes Revocable Trust
Bought by
Turner Daniel A and Flory-Barnes Ian S
Purchase Details
Closed on
Jul 17, 2000
Sold by
Barnes Arzelia
Bought by
Pyramid Property Management Llc
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shimeles Adal | $455,000 | First American Title | |
| Turner Daniel A | $313 | None Listed On Document | |
| Pyramid Property Management Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Turner Daniel A | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/29/2022 07/29/22 | Sold | $455,000 | +13.8% | $711 / Sq Ft |
| 07/15/2022 07/15/22 | Pending | -- | -- | -- |
| 07/07/2022 07/07/22 | For Sale | $399,998 | 0.0% | $625 / Sq Ft |
| 04/07/2022 04/07/22 | Pending | -- | -- | -- |
| 04/06/2022 04/06/22 | For Sale | $399,998 | -- | $625 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $4,490 | $424,000 | $393,000 | $31,000 |
| 2023 | $4,701 | $474,000 | $387,000 | $87,000 |
| 2022 | $4,430 | $516,000 | $368,000 | $148,000 |
| 2021 | $4,112 | $447,000 | $333,000 | $114,000 |
| 2020 | $3,662 | $392,000 | $292,000 | $100,000 |
| 2018 | $3,199 | $329,000 | $196,000 | $133,000 |
| 2017 | $2,644 | $296,000 | $173,000 | $123,000 |
| 2016 | $2,434 | $250,000 | $145,000 | $105,000 |
| 2015 | $2,153 | $225,000 | $129,000 | $96,000 |
| 2014 | -- | $203,000 | $113,000 | $90,000 |
| 2013 | -- | $175,000 | $115,000 | $60,000 |
Source: Public Records
Agents Affiliated with this Home
-
Ann Hiatt
-
Jared Holland
Seller Co-Listing Agent in 2022
Jared Holland
COMPASS
(206) 619-6866
5 in this area
132 Total Sales
-
Samson Asfaw
Buyer's Agent in 2022
Samson Asfaw
Aspire Real Estate, LLC
(206) 290-5725
1 in this area
15 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1909436
APN: 718680-0095
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.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID
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