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Listing Provided Courtesy Of:
John L. Scott, Inc. and NWMLS
Address
7350 Martin Luther King Jr Way S Seattle, WA
Price
$ 2,275,000
Property Attributes
  • ML#1681711
  • TypePending
  • CountyKING
  • CitySeattle
  • AreaSoutheast Seattle
  • NeighborhoodRainier Valley
  • Zip98118
  • Style1 Story w/Bsmnt.
  • Year Built1926
  • Taxes5604
  • Price$ 2,275,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1470
  • Lot Size7,192 SqFt
Listing Provided Courtesy Of:
John L. Scott, Inc. and NWMLS
Data Source:
NWMLS
Property 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.

Price History
10/23/2020 Listed $2,275,000

General Features

Appliances Dryer, Range/Oven, Refrigerator, Washer
Appliances Included Dryer, Range/Oven, Refrigerator, Washer
Attached Garage Yes
Buildingareaunits Square Feet
Carport Y/N No
Exterior Features Wood
Flooring Ceramic Tile, Hardwood, Carpet
Garage Spaces 1
Garage Y/N Yes
High School District Seattle
Interior Features Ceramic Tile, Hardwood, Wall to Wall Carpet, 2nd Kitchen
New Construction No
Property SubType Residential
Property Type Residential
Roof Composition
Senior Community Y/N No
Sewer Sewer Connected
Standard Status Pending
Structure Type House
Subdivision Name Rainier Valley
Tax Annual Amount 5604
Terms Conventional, FHA, USDA Loan, VA Loan
Topography Level
View City, Territorial

Interior Features

Basement Finished
Bedroomspossible 2
Electric On Property Y/N No
Fireplace Y/N Yes
Fireplaces Main 1
Full Baths 1
Furnished Y/N Unfurnished
Main Level Bedrooms 2
Power Production Type Electric, Oil
Total Baths 1
Total Bedrooms 2
Total Fireplaces 1

Exterior Features

Building Area Total 1470
Covered Spaces 1
Foundation Details Poured Concrete
Lot Features Curbs, Sidewalk
Lot Size Acres 0.1651
Lot Size Square Feet 7192
Lot Size Units Square Feet
Open Parking Y/N No
Total Parking 1
View Y/N Yes
Water Source Public
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 98118

Price
AVG $750K
$2.28M
Taxes
AVG $4,913
$5,604
Visits
AVG 63
107
Year Built
AVG 1976
1926
Walkscore
AVG 72
85
Data Provided by Walkscore ® not using MLS data

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