5223 Martin Luther King Jr Way South

Seattle, WA 98118

$2,405,000
Price
8,430 / 0.19
Lot Size / Acres

Description

Ready to build 13 units nested in between 33rd Avenue South (Tax ID #9459200136) & Martin Luther King Jr. Way South (Tax ID #9459200136). Average of an estimated 3 Beds / 2.5 Baths / 1396 SqFt Living Space + a 213 SqFt Rooftop Deck for each unit (see flyer in listing supplements for details) Redline light rail about a 5 minute walk & bus lines 1 minute away. Set nearby the I-5 freeway between Beacon Hill and Columbia City, this community has potential! Existing building storage included.Ready to build 13 units nested in between 33rd Avenue South (Tax ID #9459200136) & Martin Luther King Jr. Way South (Tax ID #9459200136). Average of an estimated 3 Beds / 2.5 Baths / 1396 SqFt Living Space + a 213 SqFt Rooftop Deck for each unit (see flyer in listing supplements for details) Redline light rail about a 5 minute walk & bus lines 1 minute away. Set nearby the I-5 freeway between Beacon Hill and Columbia City, this community has potential! Existing building storage included.
  1. Listed by Tuyet Luong • John L. Scott, Inc.
  2. Listed by Tuan Doan • John L. Scott, Inc.

Property Details for 5223 Martin Luther King Jr Way South

Community Name
Columbia City
School District
Seattle
Entry Date
03-17-2024
Sewer
On Property

Location

Listing Courtesy of John L. Scott, Inc.
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LISTING UPDATED: 04/26/2024 10:12 AM

Property Details for 5223 Martin Luther King Jr Way South

StatusActive
MLS #2210145
Days on Market45
Cumulative Days on Market44
Taxes$9,795 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size0.19 AC
CountyKing County

Location

Listing Courtesy of John L. Scott, Inc.
Add your commute

Building Information for 5223 Martin Luther King Jr Way South

Lot Size0.19 AC

Payment Calculator

$13,941 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,125

Property Taxes

$816

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5223 Martin Luther King Jr Way South

Summary
Location and General Information
  • Style: 40 - Res-Less thn 1 Ac
  • Area: 385 - SODO/Beacon Hill
  • Elementary School: Dearborn Park
  • Middle Or Junior School: Mercer Mid
  • High School: Franklin High
  • Community Features: CCRs
  • Directions: Head S on I-5, take Exit 163A & bear L to S Columbian Wy, bear R to 15th Ave S, then L on S Columbian Wy, then R to S Alaska St. Turn R on MLK Jr Way S, property on the Right (parking at 33rd Ave S).
  • Property Sub Type: VACL
  • Road Information: County Maintained,Paved,Trail Permit
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
  • Additional Tax Ids: 9459200136
Parking
  • Carport: No
Interior and Exterior Features
Interior Features
  • Cooling: No
  • Fireplace: No
  • Heating: No
  • FIRPTA: No
Exterior Features
  • Road Surface Type: Paved
Property
Utilities
  • Electricity: On Property
  • Electric On Property: Yes
  • Gas Available: Available
  • Water Source: On Property
  • Utilities: Natural Gas Available, Electricity Connected
Property and Assessments
  • Zoning Jurisdiction: City
  • Zoning Class: Residential,See Remarks
  • Water Jurisdiction: City of Seattle
  • Zoning Remarks: NC255 (M)
  • Restrictions: Unknown
  • Lot Topography: Level,SeeRemarks
  • Possible Use: Residential, See Remarks
  • Preliminary Title Ordered: Yes
  • Road Responsibility: County
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 9
Lot Information
  • Lot Details: Curbs, Paved, Sidewalk
  • Lot Size Source: Realist
  • Parcel Number Free Text: 9459200135
  • Calculated Square Footage: 0
  • Structure Type: Unspecified
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Vegetation: See Remarks
  • Building Area Total: 0.0
  • Building Area Units: Square Feet
  • Property Type: Land
  • Elevation Units: Feet
  • Irrigation Water Rights: No

Property History for 5223 Martin Luther King Jr Way South

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5223 Martin Luther King Jr Way South

Taxable ValueLand$775,500Additions$1,000Total$776,500
Tax Record2022$7,036 ($586 / month)
Home Facts
Total Finished SqFt2,800 SqFtAbove Ground SqFt2,800 SqFtStories1Lot Size5,966 SqFtStyleParking LotYear Built1989ZoningNC2-55 (M)CountyKINGAPN945920-0135

Schools near 5223 Martin Luther King Jr Way South

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Dearborn Park Elementary School
PublicPK to 5

Mercer Middle School
Public6 to 8

Franklin High School
Public9 to 12

Interagency Programs
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5223 Martin Luther King Jr Way South is a 0.19 ac of land for sale in Seattle, WA 98118. This property was listed for sale on March 17, 2024 by John L. Scott, Inc., it's currently listed at $2,405,000. It has been on the market for a total of 45 days and was last sold on April 10, 2019. This listing's school district is Seattle Public Schools. Nearby schools include Dearborn Park Elementary School, Mercer Middle School and Franklin High School. 5223 Martin Luther King Jr Way South is a 0-bed, 0-bath, 0.19 ac of land on a 8,430 sq. ft. / 0.19 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of John L. Scott, Inc.

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.