7975 Martin Luther King Junior Way S Seattle, WA 98118
South Beacon Hill NeighborhoodEstimated payment $15,251/month
Highlights
- 0.72 Acre Lot
- No HOA
- Level Lot
About This Lot
Zoned NR3, this 5-lot assembly is one of the last multi-lot opportunities in Seattle’s popular South Beacon Hill neighborhood. 31,452 sqf of flat lot is fully permitted for 15 homes: 5 Single Family Homes (3 Story with One-car Attached Garage) 5 ADU (2-Story) 5 DADU (2-Story) Conveniently located within walking distance of the Othello and Rainier Beach Light Rail Stations, this site borders a scenic green space to the west, providing future residents with direct access to Chief Sealth Trl (walking trail). Easy access to downtown Seattle, Boeing Field, and a diverse range of restaurants, shopping and amenities.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2260664
Property Details
Property Type
- Land
Est. Annual Taxes
- $3,994
Lot Details
- 0.72 Acre Lot
- Level Lot
- 4006000374,4006000376,4006000378,4006000390
Utilities
- Sewer in Street
Community Details
- No Home Owners Association
- Beacon Hill Subdivision
Listing and Financial Details
- Assessor Parcel Number 4006000380
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,994 | $322,000 | $322,000 | -- |
| 2023 | $5,082 | $460,000 | $317,000 | $143,000 |
| 2022 | $2,505 | $501,000 | $301,000 | $200,000 |
| 2021 | $6,124 | $191,300 | $96,300 | $95,000 |
| 2020 | $6,639 | $406,000 | $323,000 | $83,000 |
| 2018 | $5,769 | $453,000 | $290,000 | $163,000 |
| 2017 | $4,879 | $407,000 | $255,000 | $152,000 |
| 2016 | $4,471 | $344,000 | $214,000 | $130,000 |
| 2015 | $4,588 | $309,000 | $190,000 | $119,000 |
| 2014 | -- | $278,000 | $166,000 | $112,000 |
| 2013 | -- | $247,000 | $158,000 | $89,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/13/2025 04/13/25 | Pending | -- | -- | -- |
| 07/03/2024 07/03/24 | For Sale | $2,800,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Trustee Deed | $528,505 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $84,300 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $489,573 | Commercial | |
| Previous Owner | $325,000 | Unknown | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $255,500 | Unknown |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2260664
APN: 400600-0380
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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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