7350 Martin Luther King Jr Way South

Seattle, WA 98118

$1,770,000
Last Sold Price
2
Beds
1
Bath
1,470 Sq. Ft.
$1,204 / Sq. Ft.
1,470
Sq. Ft.
$1,204
per Sq. Ft.

Description

Prime Development Site in Othello. Walkable to Othello Light Rail Station. Upzoned to NC3P-95 allowing up to 95 feet 9-story with no parking requirement. Permit is started and MUP issued for a 7-story + basement mixed use building. 55 SEDU, 24 APT units totaling 79 residential units plus 2 commercial. An estimated 43,315 GSF. Great flexibility to start the project promptly or hold with current rental agreement.Prime Development Site in Othello. Walkable to Othello Light Rail Station. Upzoned to NC3P-95 allowing up to 95 feet 9-story with no parking requirement. Permit is started and MUP issued for a 7-story + basement mixed use building. 55 SEDU, 24 APT units totaling 79 residential units plus 2 commercial. An estimated 43,315 GSF. Great flexibility to start the project promptly or hold with current rental agreement.
  1. Listed by Moon Kim • John L. Scott, Inc.

Property Details for 7350 Martin Luther King Jr Way South

Community Name
Rainier Valley
School District
Seattle
View
City, Territorial
Number of Assigned Spaces
1
Total Covered Parking
1
Entry Date
10-23-2020
Energy Source
Electric,Oil
Sewer
Sewer Connected

Location

Listing Courtesy of John L. Scott, Inc.

Sold By ZNonMember-Office-MLS

Add your commute
LISTING UPDATED: 07/02/2021 01:28 PM

Property Details for 7350 Martin Luther King Jr Way South

StatusSold
MLS #1681711
Days on Market137
Cumulative Days on Market1130
Taxes$5,604 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential
Year Built1926
Lot Size0.17 AC / 7,192 SF
CountyKing County

Location

Listing Courtesy of John L. Scott, Inc.

Sold By ZNonMember-Office-MLS

Add your commute

Building Information for 7350 Martin Luther King Jr Way South

Stories-Year Built1926Building Size-Lot Size0.17 AC / 7,192 SF

Payment Calculator

$10,127 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,660

Property Taxes

$467

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7350 Martin Luther King Jr Way South

Summary
Location and General Information
  • Style: 16 - 1 Story w/Bsmnt.
  • Building Information: Built On Lot
  • Area: 380 - Southeast Seattle
  • Directions: Take exit 161 from I-5 S. Take Swift Ave S and S Myrtle St to Martin Luther King Jr Way S. Turn right onto MLK Jr Way S. Turn left onto S Webster St.
  • Property Sub Type: RESI
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2020
Parking
  • Garage Spaces: 1.0
  • Attached Garage: Yes
  • Carport: No
  • Garage: Yes
  • Parking Type: Attached Garage, Garage-Attached
  • Open Parking: No
  • Parking Features: Attached Garage
Virtual Tour
Interior and Exterior Features
Bathroom Information
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 0
  • Half Bathrooms: 0
  • Full Baths Lower: 0
  • Full Baths Main: 1
  • Full Baths Upper: 0
  • Three Quarter Baths Lower: 0
  • Three Quarter Baths Main: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Lower: 0
  • Half Baths Main: 0
  • Half Baths Upper: 0
  • Full Baths Garage: 0
  • Half Baths Garage: 0
  • Three Quarter Baths Garage: 0
Bedroom Information
  • Bedrooms Main: 2
  • Bedrooms Upper: 0
  • Bedrooms Lower: 0
  • Bedrooms Possible: 2
  • Master Bedroom Level: Main
Interior Features
  • Fireplaces Total: 1
  • Fireplaces Main: 1
  • Furnished: Unfurnished
  • Floor Covering: Ceramic Tile, Hardwood, Carpet
  • Basement: Finished
  • Features: Ceramic Tile, Hardwood, Wall to Wall Carpet, 2nd Kitchen
  • Room and Floor: Bathroom Full-Main, Bedroom-Main, Master Bedroom-Main
  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • FIRPTA: No
  • Room List: Bathroom Full, Bedroom, Master Bedroom
Exterior Features
  • Exterior: Wood
  • Roof: Composition
  • Appliances That Stay: Dryer,Range/Oven,Refrigerator,Washer
Property
Utilities
  • Electric On Property: No
  • Heating and Cooling: Forced Air
  • Water Source: Public
  • Power Production Type: Electric, Oil
  • Utilities: Sewer Connected, Electricity Available, Oil
Property and Assessments
  • New Construction YN: No
  • Senior Exemption: No
  • Foundation: Poured Concrete
  • Level: One
  • Lot Topography: Level
  • Letter On File: Duplicate Prop Type
  • MLS Square Footage Source: County Record
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 8
Lot Information
  • Lot Details: Curbs, Sidewalk
  • Lot Size Source: County Record
  • Parcel Number Free Text: 1005000235
  • Calculated Square Footage: 1470
  • Structure Type: House
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 1470.0
  • Building Area Units: Square Feet
  • Property Type: Residential
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Rental
Rent Information
  • Occupant Type: Tenant

Property History for 7350 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 7350 Martin Luther King Jr Way South

Taxable ValueLand$1,043,000Additions-Total$1,043,000
Tax Record2022$9,841 ($820 / month)
Home Facts
Baths1Total Finished SqFt1,470 SqFtAbove Ground SqFt1,470 SqFtStories1Lot Size7,192 SqFtStyleGovernmental / Public UseYear Built1926ZoningNC3P-95 (M2)CountyKINGAPN100500-0235Fireplace TypeHas Fireplace

Schools near 7350 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 - 9 to 12
Rating
School
Distance
Dunlap Elementary School
PublicPK to 5

Aki Kurose Middle School
Public6 to 8

Rainier Beach High School
Public9 to 12

Alan T. Sugiyama High School
Public9 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.

Similar Homes

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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.