by RH Advisors

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Seattle 98118 Mid-Beacon Hill
6033 Martin Luther King Jr Way S
Listed by: Sammy Lee, Best Choice Realty, 206-886-3986, Listing Courtesy of NWMLS
$7,900,000
Land - For Sale
bedrooms
Studio
bathrooms
0 Bath
$41,290
Estimated Monthly
-0.23%
Cap Rate

About This Property

Attention developers and investors! This is your rare chance to own or develop prime Martin Luther King Way and Graham St real estate. 3 separate parcels, 2 of the parcels are fronting Martin Luther King Jr Way S. Zone Multifamily up to 7 story, flat developable land. Existing properties include a Residential and Retail Commercial shop, Restaurant and Coffee shop. At the nexus of Columbia City, Hilman City, and Beacon Hill.  Its convenient location near downtown Seattle and major transportation routes make it an ideal place to live and work. the Future new S Graham St Light Rail Station and situated just off a major bus line. Don't miss this opportunity to create your vision in a great neighborhood.
Unit Size
-
Days on Market
121 days
Land Size
0.44 acres
Price per sqft
-
Property Type
Land
Property Taxes
$2,499
HOA Dues
-
Year Built
1968

Listed By

Last updated: 5 months ago (NWMLS #NWM2194115)

Price History

Date / Event Date Event Price
Jan 29, 2024 Listed by Best Choice Realty $7,900,000
Listed by Best Choice Realty
Jul 3, 2006 Sold to Canh Tan Ta, Va Hong Sam $800,000
Sold to Canh Tan Ta, Va Hong Sam

Property Highlights

Exterior Details

Property Information

Style Code: 42 - Multi-Family
Property Type: Land
Property Sub Type: Land

Building Information

Structure Type: Multi Family
Building Area Units: Square Feet

Lot Information

Zoning Jurisdiction: City
Lot Features: Paved
Lot Size Acres: 0.4385
Lot Size Square Feet: 19103
Elevation Units: Feet

Land Information

Water Source: On Property
Financial Details
Tax Year: 2023
Tax Annual Amount: $29,989

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 0
  • Floor Count: 1
  • Business/Commerical Units Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 19,103
  • Total Building Area: 2,800
  • Gross Building Area: 2,800
  • Building Area: 2,800
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: SUNNYSIDE FIVE ACRE TRACTS
  • Land Acres: 0.439
  • Legal Description 1: SUNNYSIDE 5-ACRE TRS PORS 7-8 - E 1/2 OF SE 1/4 OF SW 1/4 OF SW 1/4 SEC 22-24-4 BEG ON WLY LN OF EMPIRE WAY 175 FT NWLY FR NXN OF N LN OF GRAHAM ST & WLY LN OF EMPIRE WAY TH N 88 DEG 51 MIN 51 SEC W PLW N LN GRAHAM ST 166.84 FT TH N00-05-40E 151.80 T

Ownership

  • Current Owner : SAM VA HONG
  • Current Owner 2: TA CANH TAN
  • Previous Owner : G MIZUKI CO

Neighborhood

  • School District Name: Seattle School District
  • Census Tract: 010401

Zoning

  • Zoning: NC2-75 (M)

Geography

  • Account Number: 811310025002
  • District: SEATTLE
  • Parcel: 811310-0250
  • Lot: 7-8
  • Meridian: SEC 22 TWN 24 RNG 04
  • Municipality: SEATTLE
  • Latitude: 47.547
  • Longitude: -122.286

    Address

  • Full Address: 6033 Martin Luther King Jr Way S
  • Address - House Number: 6033
  • Street Segment Direction: S
  • Address - Street Name: Martin Luther King Jr
  • Address - Suffix Type: Way
  • State: WA
  • City Name: Seattle
  • Carrier Code: C051
  • 4-Digit Zip Code: 3141
  • Zip Code: 98118

Valuation

    Tax

  • Total Area: 2,800
  • Tax Year: 2024
  • Tax Amount: $33,252
  • Tax Rate Code Area: 0010

    Market Valuation

  • Market Total Value: $3,248,500
  • Market Land Value: $3,247,500
  • Market Improvement Value: $1,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,248,500
  • Assessed Land Value: $3,247,500
  • Assessed Improvements Value: $1,000

    Sales

  • Current Sale Contract Date: Jun 26, 2006
  • Current Sale Recording Date: Jul 03, 2006
  • Current Sale Transaction ID: 1006227457
  • Current Sale Price: $800,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 20060703002040

    Last Sale Mortgage

  • First Mortgage Lender: G MIZUKI CO
  • First Mortgage Transaction Date: Jul 03, 2006
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • Second Mortgage Lender: ASSET PRESERVATION INC
  • Second Mortgage Transaction Date: Jul 03, 2006
  • Second Mortgage Loan Amount: $150,000
  • Second Mortgage Terms: 360
  • Second Mortgage Loan Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Greater Duwamish


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Frequently Asked Questions

When was property at 6033 Martin Luther King Jr Way South built and last sold?
The property at 6033 Martin Luther King Jr Way South was built in 1968 and last sold on Jun 26, 2006 for $800,000.
How much is this home worth?
The estimated value of the home located at 6033 Martin Luther King Jr Way South is $7,979,000.
What are some comparable homes to 6033 Martin Luther King Jr Way South?
There are currently no comparable homes to 6033 Martin Luther King Jr Way South.

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