NOT LISTED FOR SALE

805 Martin Luther King jr Way Seattle, WA 98122

Mann Neighborhood

Estimated Value: $901,000 - $974,000

3 Beds
2.5 Baths
1,620 Sq Ft
$571/Sq Ft Est. Value

Last Sold March 17, 2023

Last sale price $846,500 $523 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,737/month

4 Days on Market

Highlights

  • Property is near public transit
  • Territorial View
  • Ceramic Tile Flooring
  • Garfield High School Rated A
  • No HOA
  • 1-minute walk to Nora's Woods

About This Home

As of March 2023

Charming turn-key newer home with all of the flexibility for life you could ask for. Versatile living in the oversized primary bedroom with additional space for an office. You will appreciate a full en suite bathroom off each of the bedrooms on the 2nd floor. The open living room is filled with abundant natural light and the spacious kitchen offers ample storage and counter space. Lounge on the roomy front porch framed by mature landscaping or easily entertain in the lovely terraced backyard. Located in a dynamic neighborhood near bus lines and light rail, and it's a quick jaunt to Lake Washington and all the best restaurants, cafes, supermarkets, and parks in the city.

Last Agent to Sell the Property

Aaron Osborn

Lake & Company License #119845 Listed on: 02/09/2023

Lake & Company

Last Buyer's Agent

Thomas Ku

Ku Realty & Associates License #7385

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2031976

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,752

Year Built

  • Built in 1991

Lot Details

  • 3,600 Sq Ft Lot
  • East Facing Home
  • Property is Fully Fenced
  • Terraced Lot

Parking

  • Off-Street Parking

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,620 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Dining Room
  • Territorial Views

Kitchen

  • Oven or Range
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Concrete
  • Ceramic Tile
  • Vinyl Plank
  • Vinyl

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Location

  • Property is near public transit

Utilities

  • Baseboard Heating
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Madrona Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7960100218

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,752

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 1991
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 1620
  • SeniorExemption: false
  • Special Features: None
  • Cumulative Days on Market: 857

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Concrete, Vinyl, Vinyl Plank, Carpet
  • Interior Amenities: Ceramic Tile, Concrete, Wall to Wall Carpet, Bath Off Primary, Dining Room, Water Heater
  • Living Area: 1620
  • Main Level Bedrooms: 1
  • Bathrooms: 2.5
  • BathsFullMain: 0
  • SquareFootageFinished: 1620
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Refrigerator,Stove/Range,Washer
  • FireplacesLower: 1

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley
  • View: Yes
  • Waterfront: No
  • Direction Faces: East
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Open Parking: No
  • Parking Features: Off Street

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Insert
  • Heating Yn: Yes
  • PowerCompany: Seattle City Light
  • SewerCompany: Seattle Public Utilities
  • WaterCompany: Seattle Public Utilities
  • WaterHeaterLocation: 1st floor closet
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 7960100218
  • Topography: Terraces
  • Land Lease: No
  • Lot Size Acres: 0.0826
  • Lot Size Sq Ft: 3600
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,High Speed Internet
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 6752

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2023
Closed on
Mar 14, 2023
Sold by
Nava Octavio and Nava Eugenia
Bought by
Olson Kyle Robert and Timke Shannon Marie
Seller's Agent
Aaron Osborn
Lake & Company
Buyer's Agent
Thomas Ku
Ku Realty & Associates
List Price
$825,000
Sold Price
$846,500
Premium/Discount to List
$21,500
2.61%
Views
24
Current Estimated Value
$925,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,904
Avg. Annual Appreciation
3.53%
Original Mortgage
$667,078
Outstanding Balance
$649,821
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$268,187

Purchase Details

Closed on
Mar 31, 1997
Sold by
Moe Roger and Moe John Roger
Bought by
Nava Octavio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,665
Interest Rate
7.63%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 26, 1997
Sold by
Moe Roger E and Moe Emily R
Bought by
Nava Octavio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,665
Interest Rate
7.63%
Mortgage Type
FHA
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
Olson Kyle Robert $846,500 Chicago Title
Nava Octavio -- Transnation Title Insurance
Nava Octavio $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Kyle Robert $667,078
Previous Owner Nava Octavio $356,000
Previous Owner Nava Octavio $257,750
Previous Owner Nava Octavio $80,000
Previous Owner Nava Octavio $125,665
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2023 03/17/23 Sold $846,500 +2.6% $523 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
02/09/2023 02/09/23 For Sale $825,000 -- $509 / 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 $7,515 $753,000 $407,000 $346,000
2023 $6,780 $732,000 $407,000 $325,000
2022 $6,752 $772,000 $351,000 $421,000
2021 $6,505 $710,000 $319,000 $391,000
2020 $6,135 $649,000 $289,000 $360,000
2018 $5,360 $626,000 $267,000 $359,000
2017 $4,493 $522,000 $228,000 $294,000
2016 $4,264 $450,000 $190,000 $260,000
2015 $3,572 $418,000 $177,000 $241,000
2014 -- $356,000 $148,000 $208,000
2013 -- $290,000 $134,000 $156,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2031976

Northwest Multiple Listing Service (NWMLS)

APN: 796010-0218