NOT LISTED FOR SALE

8331 Martin Luther King jr Way S Seattle, WA 98118

South Beacon Hill Neighborhood

Estimated Value: $579,000 - $818,000

6 Beds
1 Bath
1,870 Sq Ft
$368/Sq Ft Est. Value

Last Sold October 17, 2016

Last sale price $300,000 $160 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $4,212/month

Highlights

  • RV Access or Parking
  • Wood Flooring
  • Garden
  • Territorial View
  • Attached Carport
  • Partially Fenced Property

About This Home

As of October 2016

One story rambler featuring 5 bedrooms, 2 baths, in the heart of Beacon Hill & link light rail. Kitchen/bathrooms updated w/ granite counter tops, new tiles. Family room w/ wet bar counter. Covered porch. Alley access to gated parking in the back, attached carport. New carpet, energy efficient windows. Home in front of light rail, bus stop, easy access to freeways. Buyer to verify home/lots details to their satisfaction.

Last Agent to Sell the Property

Henry Ung

John L. Scott, Inc. License #3053 Listed on: 09/14/2016

John L. Scott, Inc.

Co-Listed By

James Ung

Better Properties Eastside License #113767

Better Properties Eastside

Last Buyer's Agent

James Ung

Better Properties Eastside License #113767

Better Properties Eastside

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1029148

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,869

Year Built

  • Built in 1976

Lot Details

  • Partially Fenced Property
  • Level Lot
  • Garden

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Parking

  • Attached Carport
  • RV Access or Parking

Additional Features

  • Territorial Views
  • 1 Bathroom
  • Cable TV Available

Community Details

  • Beacon Hill Community

Listing and Financial Details

  • Assessor Parcel Number 4006000243

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,869

Year Built

Built in 1976

Lot Details

0

Listing Details

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

Interior Features

  • Features: 2nd Kitchen, Wet Bar, Dbl Pane/Storm Windw, Dining Room
  • Floor Covering: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 6.00
  • Main Floor Bedrooms: 6
  • Bathrooms: 2.75
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Three Quarter Bathrooms Main: 1
  • Family Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1870

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Carport-Attached
  • Total Covered Parking: 1

Utilities

  • Heating And Cooling: Baseboard, Forced Air
  • Power Company: Seattle Light
  • Sewer: Sewer Connected
  • Sewer Company: Seattle Utilities
  • Water Company: Seattle Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Beacon Hill

Schools

  • Elementary School: Seattle Public Sch
  • Middle School: Seattle Public Sch
  • High School: Seattle Public Sch
  • School District: SEA

Lot Info

  • Lot Details: Alley, Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 4886
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 4006000243
  • Lot Topography: Garden Space, Level

Tax Info

  • Tax Amount: 2367

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2016
Closed on
Oct 5, 2016
Sold by
Chung Kaki
Bought by
Liu Liwen
Seller's Agent
Henry Ung
John L. Scott, Inc.
Buyer's Agent
James Ung
Better Properties Eastside
List Price
$350,000
Sold Price
$300,000
Premium/Discount to List
-$50,000
-14.29%
Current Estimated Value
$674,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$374,147
Avg. Annual Appreciation
10.10%

Purchase Details

Closed on
Jun 2, 2000
Sold by
Thai Khenh K and Huynh Van My
Bought by
Jimenez Ernesto and Jimenez Josie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,250
Interest Rate
8.15%

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
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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
Liu Liwen -- Rainier Title
Liu Liwen $300,000 Rainier Title
Jimenez Ernesto $125,000 Chicago Title
Thai Khenh K $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Liwen $250,000
Previous Owner Jimenez Ernesto $195,000
Previous Owner Jimenez Ernesto $121,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2016 10/17/16 Sold $300,000 -14.3% $160 / Sq Ft
09/15/2016 09/15/16 Pending -- -- --
09/14/2016 09/14/16 For Sale $350,000 -- $187 / 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 $5,869 $563,000 $284,000 $279,000
2023 $5,164 $526,000 $279,000 $247,000
2022 $4,863 $573,000 $265,000 $308,000
2021 $4,513 $496,000 $240,000 $256,000
2020 $4,252 $435,000 $211,000 $224,000
2018 $3,716 $389,000 $133,000 $256,000
2017 $3,069 $350,000 $117,000 $233,000
2016 $2,367 $296,000 $98,000 $198,000
2015 $2,098 $218,000 $87,000 $131,000
2014 -- $197,000 $76,000 $121,000
2013 -- $175,000 $102,000 $73,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1029148

Northwest Multiple Listing Service (NWMLS)

APN: 400600-0243