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1411 Martin Luther King Jr Way, Seattle, WA, 98122

2beds
2baths
1,000sqft
$589,950
$590price/sqft
$3,602/moest. monthly cost
$144,080/yrincome needed

About This Home

Welcome to Union Cottages — the Central District’s newest low-key, high-style community that gets Seattle living right. These modern homes are designed with intention: open, light-filled spaces that feel just right, not overdone. Think clean lines, smart layouts, and just enough edge. The kitchens are sleek and functional, outfitted with Frigidaire appliances, quality finishes, and storage that actually makes sense—built for people who cook, not just for show. Throughout the homes, you’ll find surprisingly abundant storage, thoughtfully integrated so everything has a place without sacrificing the open, modern feel. Bedrooms are calm, sun-washed retreats made for unplugging, and the bathrooms are modern and polished without trying too hard. And yes, the extras matter here. Dedicated EV parking (a true Seattle flex) and private rooftop decks give you space to sip your morning coffee, host friends, or catch golden-hour views after a long day. All of it sits in a walkable Central District location—steps from neighborhood coffee spots, local eats, and easy transit—so you’re close to everything without being in the middle of the chaos. Urban, relaxed, and refreshingly practical—Union Cottages is city living done right.

Getting Around

93
WalkingWalker's Paradise
60
TransitGood Transit
93
BikeBiker's Paradise

Schools

4/10
5/10
8/10
Garfield High SchoolGrades 9-120.6 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Roof: Composition,Flat
  • Construction materials: Cement Planked,Cement Plank

Type & Style

  • Home type: Condo
  • Architectural style: Modern,Condo (2 Levels)
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Microwave,Refrigerator,Stove(s)/Range(s),Dishwasher(s),Garbage Disposal,Microwave(s),Refrigerator(s)

Bathroom Full

  • Level: Second

Bedroom

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Entry Hall

  • Level: Main

Features

  • Flooring: Ceramic Tile,Laminate,Carpet

Heating & Cooling

  • Heating features: Ductless,Electric
  • Cooling features: Ductless

Interior Area

  • Total structure area: 1,000
  • Total interior livable area: 1,000 sqft

Kitchen With Eating Space

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Second

Other

  • Level: Main

Utility Room

  • Level: Second

Property

Details

  • Parcel number: 1411TAXID
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Main
  • Patio & porch: Walk-In Closet(s)
  • Has view: Yes
  • View description: City,Territorial

Lot

  • Lot size: 618.55 sqft
  • Features: Curbs,Paved,Sidewalk

Parking

  • Total spaces: 1
  • Parking features: Off Street
  • Uncovered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Heat Wave

FEMA Declared Disasters in King County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,983$35,796
Home Insurance *$97$1,164
Property Taxes $373$4,476
Electricity $149$1,793
Total$3,602$43,224
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$123,497/yr
40% on housing$108,060/yr
45% on housing$96,053/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$590This listing

vs Other Active Listings

Avg $/sqft

ZIP 98122$378
King County$442

vs Homes Sold Last Month

Median $/sqft

ZIP 98122$557
King County$485

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-25Listed for sale$589,950

New Construction

AgentTom Skepetaris
BrokerageRealogics Sotheby's Int'l Rlty

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