$925,000
SOLD OCT 21, 2021

1605 Martin Luther King jr Way Seattle, WA 98122

Mann Neighborhood
3 Beds
1 Bath
1,820 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$508 Per Sq Ft

9% Above List Price

6 Days on Market

Highlights

  • Territorial View
  • Softwood Flooring
  • 1 Fireplace
  • Garfield High School Rated A
  • Tudor Architecture
  • 4-minute walk to Plum Tree Park

About This Home

As of October 2021

Early offer accepted. Classic brick craftsman, loaded with charm. Built-in cabinets. Large front porch high above the street = private setting with territorial views. Fir and oak floors on the main. Fireplace in liv room. Box-beamed ceilings in dining room. Fresh kitchen. Full bath on main, best bedroom upstairs with 3/4 bath. Many improvements. Spacious basement ready for you to take the next steps. Gas furnace. Many dbl-pane windows. The 2,444 gross sf includes unfinished basement. Great yard front & back. With alley. Detached garage. Wonderful location. Easy to "downtown Madrona." To Madison Valley restaurants & shops. To new PCC, new Amazon Fresh grocery, Trader Joe's. Safeway too. YMCA. Pike-Pine. S Lake Union. Downtown. The Arboretum.

Last Agent to Sell the Property

Joe Nabbefeld

Windermere RE/Capitol Hill,Inc License #76130 Listed on: 09/29/2021

Windermere RE/Capitol Hill,Inc

Last Buyer's Agent

Dominic Wood

Weisbarth & Associates License #123592

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1841848

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,121

Year Built

  • Built in 1913

Lot Details

  • Partially Fenced Property
  • Terraced Lot
  • Garden
  • Property is zoned SF 5000

Parking

  • Detached Garage

Home Design

  • Tudor Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 1 Bathroom
  • 1 Fireplace
  • Softwood Flooring
  • Territorial Views
  • Unfinished Basement

Kitchen

  • Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Madison Valley Community

Listing and Financial Details

  • Assessor Parcel Number 9828201302

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,121

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Architecture: Tudor
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Dining Room
  • Floor Covering: Fir/Softwood, Hardwood
  • Appliances That Stay: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Approved Number of Bedrooms: 3
  • Bedrooms: 3.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Basement: Unfinished
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 2444
  • Square Footage Finished: 1820
  • Square Footage Unfinished: 624

Exterior Features

  • Construction Methods: Standard Frame
  • Exterior: Brick, Metal/Vinyl, Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Garage-Detached
  • Total Covered Parking: 1

Utilities

  • Heating And Cooling: Forced Air, Wall
  • Power Company: Seattle Public Utilities
  • Septic Approved for Number of Bedrooms: 3
  • Sewer: Sewer Connected
  • Sewer Company: Seattle Public Utilities
  • Water Company: Seattle Public Utilities
  • Water Heater: basement-gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Madison Valley

Schools

  • Elementary School: Madrona Elementary
  • Middle School: Meany Mid
  • High School: Garfield High
  • School District: SEA

Lot Info

  • Lot Details: Alley, Curbs, Paved Street, Sidewalk
  • Lot Dimensions: 40 x 120
  • Lot Sq Ft: 4800
  • Lot Topography Vegetation: Garden Space, Partial Slope, Terraces
  • Parcel Number: 9828201302
  • Zoning Code: SF 5000
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Partial Slope, Terraces

Tax Info

  • Tax Amount: 6943

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2021
Closed on
Oct 8, 2021
Sold by
Glezen Paul and Yu Cathy
Bought by
Naillieux Johnson Keiza and Johnson Ian
Seller's Agent
Joe Nabbefeld
Windermere RE/Capitol Hill,Inc
Buyer's Agent
Dominic Wood
Weisbarth & Associates
List Price
$849,000
Sold Price
$925,000
Premium/Discount to List
$76,000
8.95%
Current Estimated Value
$1,035,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,924
Avg. Annual Appreciation
3.39%
Original Mortgage
$725,000
Outstanding Balance
$668,264
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$381,260

Purchase Details

Listed on
Oct 5, 2012
Closed on
Dec 13, 2012
Sold by
Mitchell Ethel L
Bought by
Yu Cathy and Glezen Paul
Seller's Agent
Benjamin Chotzen
COMPASS
Buyer's Agent
Joe Nabbefeld
Windermere RE/Capitol Hill,Inc
List Price
$270,000
Sold Price
$270,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.93%
Original Mortgage
$189,000
Interest Rate
3.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 1982
Sold by
Mitchell William S
Bought by
Mitchell Ethel L
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 Type Sale Price Title Company
Warranty Deed $925,000 First American Title
Warranty Deed $270,000 First American
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $725,000 New Conventional
Previous Owner $189,000 Purchase Money Mortgage
Previous Owner $25,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2021 10/21/21 Sold $925,000 +9.0% $508 / Sq Ft
10/05/2021 10/05/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $849,000 +214.4% $466 / Sq Ft
12/18/2012 12/18/12 Sold $270,000 0.0% $148 / Sq Ft
11/21/2012 11/21/12 Pending -- -- --
10/05/2012 10/05/12 For Sale $270,000 -- $148 / 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 $8,121 $808,000 $473,000 $335,000
2023 $7,243 $786,000 $473,000 $313,000
2022 $7,211 $829,000 $408,000 $421,000
2021 $6,943 $762,000 $371,000 $391,000
2020 $6,477 $696,000 $336,000 $360,000
2018 $5,657 $663,000 $276,000 $387,000
2017 $4,734 $553,000 $236,000 $317,000
2016 $4,492 $476,000 $197,000 $279,000
2015 $3,767 $442,000 $183,000 $259,000
2014 -- $377,000 $153,000 $224,000
2013 -- $323,000 $145,000 $178,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1841848

Northwest Multiple Listing Service (NWMLS)

APN: 982820-1302