NOT LISTED FOR SALE

8325 Martin Luther King jr Way S Seattle, WA 98118

South Beacon Hill Neighborhood

Estimated Value: $710,000 - $777,000

4 Beds
2 Baths
1,440 Sq Ft
$511/Sq Ft Est. Value

Last Sold February 04, 2021

Last sale price $640,000 $444 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,611/month

121 Days on Market

Highlights

  • RV Access or Parking
  • Craftsman Architecture
  • Patio
  • City View
  • 1 Fireplace
  • Open Space

About This Home

As of February 2021

Stunning Seattle Craftsman Home! Totally Remodeled with 4 bedrooms and 2 full baths. Natural light thru-out the dining, living & family rooms with new flooring & beautiful new finishes. New gourmet kitchen comes with quartz countertops, white shaker cabinets, stainless steel appliances and much more. Fully fence front & backyard with spacious patio for entertaining all your guests. Plenty of parking with 2 car-carport for convenience & privacy. Convenient location and close to I-5, Downtown Seattle, Light Rail, Schools, Parks and Restaurants!

Last Agent to Sell the Property

Duke Nguyen

Liberty Real Estate, LLC License #82386 Listed on: 09/04/2020

Last Buyer's Agent

Christy Schreck

Every Door Real Estate License #118670

Every Door Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1656817

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,778

Year Built

  • Built in 1976

Lot Details

  • Open Space
  • Gated Home
  • Property is Fully Fenced
  • Level Lot
  • Garden

Property Views

  • City
  • Territorial

Home Design

  • Craftsman Architecture
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 1 Fireplace

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Slate Flooring
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Patio
  • Outbuilding

Utilities

  • Overhead Utilities
  • Cable TV Available

Community Details

  • Seattle Community

Listing and Financial Details

  • Assessor Parcel Number 4006000242

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,778

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Architecture: Craftsman
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Wet Bar, Dbl Pane/Storm Windw, Dining Room, Loft
  • Floor Covering: Ceramic Tile, Laminate, Slate
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4.00
  • Main Floor Bedrooms: 4
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1440
  • Square Footage Finished: 1440

Exterior Features

  • Exterior: Cement Planked, Cement/Concrete, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: City, Territorial

Garage/Parking

  • Parking Type: Carport-Detached, Off Street
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: Seattle City Light
  • Sewer: Sewer Connected
  • Sewer Company: Seattle Public Utilities
  • Water Company: Seatte Public Utilities
  • Water Heater: Utility Closet-Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Seattle

Schools

  • Elementary School: Wing Luke
  • Middle School: Aki Kurose
  • High School: Rainier Beach High
  • School District: SEA

Lot Info

  • Lot Details: Curbs, High Voltage Line, Open Space, Paved Street, Sidewalk
  • Lot Sq Ft: 7570
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 4006000242
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Level

Tax Info

  • Tax Amount: 3140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
Jan 31, 2021
Sold by
Nguyen Tho Thi and Pham Kinh Minh
Bought by
Quimbaya Illiana Celia and Rodriguez Coral Marina
Seller's Agent
Duke Nguyen
Liberty Real Estate, LLC
Buyer's Agent
Christy Schreck
Every Door Real Estate
List Price
$679,500
Sold Price
$640,000
Premium/Discount to List
-$39,500
-5.81%
Current Estimated Value
$732,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,751
Avg. Annual Appreciation
2.72%
Original Mortgage
$608,000
Outstanding Balance
$549,094
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$172,935

Purchase Details

Closed on
Nov 3, 2016
Sold by
Wells Fargo Bank National Association
Bought by
Nguyen Tho Thi and Pham Kinh Minh

Purchase Details

Closed on
Jan 14, 2016
Sold by
Torres Mendilyn and Torres Abdon
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Aug 3, 2005
Sold by
Torres Rolando O
Bought by
Torres Conchita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.02%
Mortgage Type
Balloon

Purchase Details

Closed on
May 8, 2000
Sold by
Thai Khenh K and Huynh Van My
Bought by
Torres Abdon and Torres Mendilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,300
Interest Rate
8.22%

Purchase Details

Closed on
Oct 20, 1992
Sold by
Matney Eunice M
Bought by
Thai Khenh K and Huynh Van My
Source: Public Records

Range of Values:

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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
Quimbaya Illiana Celia $640,000 Wfg Natl Ttl Co Of Wa Llc
Nguyen Tho Thi $222,500 Nextitle
Wells Fargo Bank National Association $302,000 None Available
Torres Conchita -- Transnation Ti
Torres Abdon $60,321 Transnation Ti
Torres Abdon $123,500 Chicago Title
Thai Khenh K $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quimbaya Illiana Celia $608,000
Previous Owner Torres Mendilyn $264,750
Previous Owner Torres Abdon $220,000
Previous Owner Torres Abdon $117,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2021 02/04/21 Sold $640,000 -1.5% $444 / Sq Ft
01/03/2021 01/03/21 Pending -- -- --
12/18/2020 12/18/20 Price Changed $650,000 -2.3% $451 / Sq Ft
11/16/2020 11/16/20 Price Changed $665,000 -1.0% $462 / Sq Ft
10/09/2020 10/09/20 Price Changed $672,000 -0.4% $467 / Sq Ft
09/12/2020 09/12/20 Price Changed $675,000 -0.7% $469 / Sq Ft
09/04/2020 09/04/20 For Sale $679,500 -- $472 / 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 $6,778 $634,000 $298,000 $336,000
2023 $6,498 $637,000 $293,000 $344,000
2022 $6,122 $694,000 $278,000 $416,000
2021 $5,682 $601,000 $252,000 $349,000
2020 $3,140 $527,000 $221,000 $306,000
2018 $2,730 $246,000 $148,000 $98,000
2017 $2,878 $221,000 $131,000 $90,000
2016 $2,648 $251,000 $110,000 $141,000
2015 $2,348 $226,000 $98,000 $128,000
2014 -- $204,000 $86,000 $118,000
2013 -- $183,000 $123,000 $60,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1656817

Northwest Multiple Listing Service (NWMLS)

APN: 400600-0242