NOT LISTED FOR SALE

928 Martin Luther King jr Way Seattle, WA 98122

Madrona Neighborhood

Estimated Value: $913,000 - $977,967

3 Beds
2 Baths
1,840 Sq Ft
$515/Sq Ft Est. Value

Last Sold May 25, 2012

Last sale price $335,000 $182 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $5,989/month

23 Days on Market

Highlights

  • Fruit Trees
  • Deck
  • Wood Flooring
  • Garfield High School Rated A
  • Territorial View
  • 4-minute walk to Nora's Woods

About This Home

As of May 2012

Original architectural details intact, upgraded with newer kitchen that opens to deck and back yard gardens! An oasis in the heart of the city. Hardwood floors, leaded windows, original style lighting and millwork. Lower lever has been upgraded with new bath, and guest room. Great locale for urban lifestyle.

Last Agent to Sell the Property

Juanita Bunch

Coldwell Banker Bain Listed on: 04/06/2012

Last Buyer's Agent

Leann Sparks

Windermere RE/Capitol Hill,Inc License #89622

Windermere RE/Capitol Hill,Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM340140

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,259

Year Built

  • Built in 1910

Lot Details

  • Partially Fenced Property
  • Level Lot
  • Sprinkler System
  • Fruit Trees
  • Garden

Parking

  • Off-Street Parking

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Additional Features

  • Territorial Views
  • Deck
  • Cable TV Available
  • Partially Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 1189001490

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,259

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 1 Story W/Bsmnt.
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dining Room
  • Floor Covering: Ceramic Tile, Hardwood
  • Appliances That Stay: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 2
  • Lower Level Bedroom: 1
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Basement: Partially Finished
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 1840

Exterior Features

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

Garage/Parking

  • Parking Type: Off Street

Utilities

  • Power Company: Seattle
  • Sewer: Sewer Connected
  • Sewer Company: Seattle
  • Water Company: Seattle
  • Water Source: Public

Schools

  • School District: SEA

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Lot Sq Ft: 5377
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level
  • Parcel Number: 1189001490
  • Zoning Jurisdiction: City
  • Lot Topography: Fruit Trees, Garden Space, Level

Tax Info

  • Tax Amount: 3347

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2012
Closed on
May 24, 2012
Sold by
Paddock Marcia N and Sternberg Nathaniel B
Bought by
Destefanis Joseph A and Mazhar Sana A
Seller's Agent
Juanita Bunch
Coldwell Banker Bain
Buyer's Agent
Leann Sparks
Windermere RE/Capitol Hill,Inc
List Price
$335,000
Sold Price
$335,000
Total Days on Market
23
Current Estimated Value
$947,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$612,992
Avg. Annual Appreciation
9.27%
Original Mortgage
$268,000
Outstanding Balance
$193,029
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$873,430

Purchase Details

Closed on
Feb 13, 2002
Sold by
Smith Mark C and Hutcherson Annette M
Bought by
Sternberg Nathaniel B and Paddock Marcia N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,200
Interest Rate
6.61%

Purchase Details

Closed on
Dec 13, 1994
Sold by
Smith Gary T and Smith Anita
Bought by
Smith Mark C and Hutcherson Annette M
Source: Public Records

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Range of Values:

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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
Destefanis Joseph A $335,000 Wfg National T
Sternberg Nathaniel B $249,000 Transnation Title Insurance
Smith Mark C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Destefanis Joseph A $80,000
Closed Destefanis Joseph A $50,000
Open Destefanis Joseph A $268,000
Previous Owner Sternberg Nathaniel B $100,000
Previous Owner Sternberg Nathaniel B $199,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2012 05/25/12 Sold $335,000 0.0% $182 / Sq Ft
04/29/2012 04/29/12 Pending -- -- --
04/06/2012 04/06/12 For Sale $335,000 -- $182 / 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 $8,259 $823,000 $555,000 $268,000
2023 $7,974 $800,000 $555,000 $245,000
2022 $7,502 $844,000 $479,000 $365,000
2021 $7,219 $776,000 $435,000 $341,000
2020 $6,722 $709,000 $393,000 $316,000
2018 $5,867 $674,000 $281,000 $393,000
2017 $4,921 $562,000 $240,000 $322,000
2016 $4,576 $484,000 $200,000 $284,000
2015 $3,841 $440,000 $186,000 $254,000
2014 -- $375,000 $155,000 $220,000
2013 -- $294,000 $148,000 $146,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM340140

Northwest Multiple Listing Service (NWMLS)

APN: 118900-1490