tomo logo

$925,000

Beds
3
Baths
1.75
sq ft
1,860

905 Martin Luther King Jr Way, Seattle, WA 98122

905 Martin Luther King Jr Way

Seattle, WA 98122

  • <1 day on market
    • Open house Oct 12
Historic charm blends w/ modern amenities in this Madrona Craftsman! Central location; Verite for morning coffee, PCC or Madrona Farmers Market for groceries, & Red Cow for dinner. Rocking-chair front porch opens to living & dining rooms w/ extra tall ceilings, real oak floors & rich leaded glass built-ins. Spacious kitchen w/ breakfast nook - perfect for morning coffee! Hardwoods continue upstairs through 2 large bedrooms, both w/ walk in closets! Light & bright upstairs bath w/ clawfoot soaking tub. Downstairs carpet throughout, w/ a 2nd living room or office, 3rd bedroom, laundry, & bathroom w/ large shower. Long, grassy backyard w/ back alley & off street parking; NR3 zoning, great opportunity to build a DADU. Pre-Inspected!

Details

Property type

Single Family Residence

Est. home value

$953,453

Lot size

3,600 sq ft

Price per sq ft

$498

Year built

1915

Annual property taxes

$7,559.46

HOA

No

Price History

10/10/2024
NorthwestMLS

NorthwestMLS #2299144

Listed
$925,000
+56.78%
04/22/2015
NorthwestMLS

NorthwestMLS #747510

Sold
$590,000
+93.44%
10/29/2004
NorthwestMLS

NorthwestMLS #24090495

Sold
$305,000

Schools & Community

Neighborhood: 

Garfield

Elementary school: 

Madrona Elementary

Middle school: 

Meany Mid

High school: 

Garfield High

High school district: 

Seattle

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$410,782
Asking price
$925,000
Closing costs (~8% of asking)
-$74,000
Est. remaining loan balance
-$440,218
Cash to seller
$410,782

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

March 2021

Original loan amount

$478,800

Est. remaining balance

$440,218

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Kyle Igarasht and Yurt Igarashi

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 10/10/2024 at 5:25 PM

Listing updated: 10/10/2024 at 3:49 PM

Listed by: Michael Haas, COMPASS Phone #: (206) 330-0314

MLS: NorthwestMLS #2299144

NorthwestMLS logo

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