Listed by Coldwell Banker Bain, Bought with Keller Williams Greater Seattl
NOT LISTED FOR SALE

940 Martin Luther King jr Way S Seattle, WA 98144

Leschi Neighborhood

Estimated Value: $752,000 - $798,000

2 Beds
1 Bath
1,350 Sq Ft
$573/Sq Ft Est. Value

Last Sold October 13, 2016

Last sale price $445,000 $330 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $4,717/month

5 Days on Market

Highlights

  • Craftsman Architecture
  • Bamboo Flooring
  • Patio
  • Garfield High School Rated A
  • Corner Lot
  • 2-minute walk to Judkins Park P-Patch

About This Home

As of October 2016

It's all about the location! Centrally located between I-90 & Hwy 520; I-5 and Downtown just minutes away. Near future light rail & Vulcan Campus. Remodeled bungalow w/modern touches (bamboo floors, granite counters, stainless appliances) yet retaining the quiet charm of a by-gone era. Lower level of the home features a 3/4 bath & a large, partially finished room; the basement has been waterproofed & a new sump pump installed. Low maintenance grounds w/raised beds, an arbor & multi-level patio.

Last Agent to Sell the Property

Michael Herren

Coldwell Banker Bain License #36445 Listed on: 09/07/2016

Coldwell Banker Bain

Last Buyer's Agent

Miles Cohn

Keller Williams Greater Seattl

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1024718

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,992

Year Built

  • Built in 1905

Lot Details

  • Property is Fully Fenced
  • Corner Lot
  • Level Lot
  • Garden
  • Property is zoned LR2

Parking

  • Off-Street Parking

Home Design

  • Craftsman Architecture
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Softwood
  • Wall to Wall Carpet
  • Concrete
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Additional Features

  • 1 Bathroom
  • Patio
  • Cable TV Available
  • Partially Finished Basement

Community Details

  • Judkins Community

Listing and Financial Details

  • Assessor Parcel Number 3274800190

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,992

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Architecture: Craftsman
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dbl Pane/Storm Windw, Dining Room, Security System
  • Floor Covering: Bamboo/Cork, Ceramic Tile, Concrete, Fir/Softwood, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Lower: 1
  • Master Bedroom: Main
  • Basement: Partially Finished
  • Dining Room: Main
  • Family Room: Lower
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 1350
  • Square Footage Finished: 1350

Exterior Features

  • Exterior: Metal/Vinyl
  • Foundation: Poured Concrete
  • Roof: Composition

Garage/Parking

  • Parking Type: Off Street

Utilities

  • Heating And Cooling: Ductless Hp-Mini Split
  • Power Company: Seattle City Light
  • Sewer: Sewer Connected
  • Sewer Company: City of Seattle
  • Water Company: City of Seattle
  • Water Heater: Basement-Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Judkins
  • Project: Hicks Add

Schools

  • Elementary School: Leschi
  • Middle School: Wash Mid
  • High School: Garfield High
  • School District: SEA

Lot Info

  • Lot Number: 2
  • Lot Details: Corner Lot, Curbs, Paved Street, Sidewalk
  • Lot Dimensions: 32x73x32x72
  • Lot Sq Ft: 2240
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 3274800190
  • Zoning Code: LR2
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Level

Tax Info

  • Tax Amount: 2733

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2020
Sold by
Altobello Melissa and Nguyen Phuong
Bought by
Altobello Melissa and Nguyen Phuong
Current Estimated Value
$774,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Outstanding Balance
$387,445
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$377,420

Purchase Details

Listed on
Sep 7, 2016
Closed on
Oct 4, 2016
Sold by
Therrien Khiota and Kerans Timothy
Bought by
Altobello Melissa and Nguyen Phuong
Seller's Agent
Michael Herren
Coldwell Banker Bain
Buyer's Agent
Miles Cohn
Keller Williams Greater Seattl
List Price
$400,000
Sold Price
$445,000
Premium/Discount to List
$45,000
11.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%
Original Mortgage
$413,850
Interest Rate
3.46%

Purchase Details

Closed on
Feb 7, 2006
Sold by
Adams Brian D
Bought by
Kerans Timothy and Therrien Khiota

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,400
Interest Rate
6.2%

Purchase Details

Closed on
Apr 1, 2003
Sold by
Smith Tia
Bought by
Smith Bryan and Smith Tia

Purchase Details

Closed on
Mar 26, 2003
Sold by
Smith Bryan
Bought by
Smith Tia

Purchase Details

Closed on
Dec 20, 2002
Sold by
Muhammad Sharon G
Bought by
Smith Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,960
Interest Rate
7%

Purchase Details

Closed on
Jul 20, 1998
Sold by
Dorsey Sharon G
Bought by
Muhammad Sharon G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
9.5%
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
Altobello Melissa -- Old Republic Title Ltd
Altobello Melissa $445,000 Rainier Title
Kerans Timothy $323,000 Rainier Title
Smith Bryan -- --
Smith Tia -- --
Smith Bryan $179,950 Lawyers Title
Smith Bryan -- Lawyers Title
Muhammad Sharon G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Altobello Melissa $435,000
Closed Altobello Melissa $413,850
Previous Owner Therrien Khiota $292,687
Previous Owner Therrien Khiota $38,500
Previous Owner Therrien Khiota $308,000
Previous Owner Kerans Timothy $258,400
Previous Owner Smith Bryan $143,960
Previous Owner Muhammad Sharon G $88,000
Closed Smith Bryan $35,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2016 10/13/16 Sold $445,000 +11.3% $330 / Sq Ft
09/13/2016 09/13/16 Pending -- -- --
09/07/2016 09/07/16 For Sale $400,000 -- $296 / 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 $5,992 $601,000 $344,000 $257,000
2023 $5,694 $585,000 $344,000 $241,000
2022 $5,361 $617,000 $297,000 $320,000
2021 $5,012 $567,000 $270,000 $297,000
2020 $4,598 $502,000 $244,000 $258,000
2018 $3,858 $449,000 $184,000 $265,000
2017 $2,880 $375,000 $157,000 $218,000
2016 $2,733 $285,000 $131,000 $154,000
2015 $2,400 $265,000 $122,000 $143,000
2014 -- $236,000 $102,000 $134,000
2013 -- $234,000 $106,000 $128,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1024718

Northwest Multiple Listing Service (NWMLS)

APN: 327480-0190