725 Martin Luther King Jr Way, Seattle, WA 98122

Studio-- baths3,220 sqft

For Sale
$324,900
Price cut: -$25,000 (12/12)
Zestimate®: $509,912
Est. Mortgage
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My Notes

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Investor Alert!!! Beautiful early 20th century craftsman positioned up on a nice corner lot, just minutes from downtown in rapidly emerging area. All demo has been completed and is down to the studs and ready to be fully remodeled. Highly appreciating area allows for big profits after this home gets brought to 2014 styling. Huge Opportunity in Great Area!!! Zoned LR-2

Facts

  • Lot: 3,201 sqft
  • Single Family
  • Built in 1914
  • 124 days on Zillow
  • Heating: Forced air
  • Last sold: Apr 2013 for $225,000
  • Price/sqft: $70
  • MLS #: 686286

Features

  • Fireplace
  • Flooring: Hardwood, Linoleum / Vinyl
  • Parking: None, 0 space
  • Unfinished basement

    Additional Features

    • 3rd Party Apprvl Req \ None, Building Information \ Built On Lot, Energy Source(heat) \ Electric, Exterior \ Wood, Form 17 \ Provided, Heating/Cooling \ Forced Air, Lot Details \ Corner Lot, Lot Details \ Paved Street, Parking Type \ None, Possession \ Closing, Potential Terms \ Cash Out, Potential Terms \ Rehab Loan, Preliminary title ordered \ Y, Property type \ RESI, Roof \ Composition, Sewer \ Sewer Connected, Show map link \ Y, Status \ A, Style \ 18, Water Source \ Public

    Construction

    • Construction quality: 6.0
    • Roof type: Composition
    • # Stories: 2.0
    • Structure type: Other
    • Unit count: 1

    Other

    • Floor size: 3,220 sqft
    • Parcel #: 7960100455
    • Zillow Home ID: 49072188

    Zestimate Details

    Zestimate
    A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

    The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

    Don't agree with your home's Zestimate? Owners can edit their home facts to make the Zestimate more accurate. Plus, you can leave an opinion on your Zestimate value below. Just click "Owner Estimate".
    $509,912
    +$20,399 Last 30 days
    $464K
    $571K
    Zestimate range
    Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $2,238/mo
    +$123 Last 30 days
    $1.5K
    $2.7K
    Zestimate range

    Popularity on Zillow

    2,601 views since listing
    6,250 all-time (chart)
    10 shoppers saved
    this home to their list of favorites
     

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    Neighborhood

    Market guide

    Zillow predicts Garfield home values will rise 3.6% next year, compared to a 4.8% rise for Seattle as a whole. Among Garfield homes, this home is 31.4% less expensive than the midpoint (median) home, and is priced 70.3% less per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In Garfield, the number of foreclosures waiting to be sold is 4% greater than in Seattle, and 21.5% less than the national average. This higher local number may prevent Garfield home values from rising as quickly as other regions in Seattle.

    Learn more about forecast calculations or Garfield home values.
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      Nearby Schools in Seattle

      GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

      Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

      Data by GreatSchools.org