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1417 Martin Luther King Jr Way, Seattle, WA, 98122

3beds
2baths
2,440sqft
$899,950
$369price/sqft
$5,629/moest. monthly cost
$225,160/yrincome needed

About This Home

Tucked away in one of Seattle’s most connected neighborhoods, this charming 1925 Craftsman blends timeless character with thoughtful updates designed for today’s lifestyle. Filled with warmth, personality, and natural light, the home offers a welcoming atmosphere that feels both classic and refreshed. Large windows brighten the living spaces throughout the year, while the home’s flexible layout provides room to live, work, create, and grow. Recent improvements include fresh interior paint, an updated kitchen, refreshed bathrooms, new carpet, and stylish new light fixtures, creating a move-in-ready experience while honoring the home’s original character. The versatile third-floor retreat offers endless possibilities for a bedroom, office, studio, playroom, or creative escape, while the lower level provides valuable storage and future flexibility. Perfectly positioned for enjoying the best of Seattle, the location offers quick access to Capitol Hill, the Central District, Judkins Park, downtown Seattle, and the light rail. Spend weekends exploring neighborhood cafés, local restaurants, parks, and community events, all just moments from your doorstep. Offering a rare blend of historic charm, modern updates, and exceptional connectivity, this Seattle classic presents an opportunity to enjoy the character of a bygone era with the convenience of contemporary city living.

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

  • Year built: 1925

Materials

  • Roof: Composition
  • Construction materials: Wood Siding,Wood Products

Type & Style

  • Home type: Condo
  • Architectural style: Condo (3 Levels)
  • Property subType: Condominium

Interior

Appliances

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

Bathroom Full

  • Level: Main

Bathroom Three Quarter

  • Level: Lower

Bedroom

  • Level: Main

Bedroom

  • Level: Lower

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Dining Room

  • Level: Main

Entry Hall

  • Level: Main

Features

  • Flooring: Ceramic Tile,Hardwood,Vinyl,Carpet
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning,Main Level: 1,Fireplace
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Fireplace,Forced Air,Electric
  • Cooling features: Forced Air

Interior Area

  • Total structure area: 2,440
  • Total interior livable area: 2,440 sqft

Kitchen Without Eating Space

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Second

Rec Room

  • Level: Lower

Utility Room

  • Level: Lower

Property

Details

  • Parcel number: 1417TAXID
  • Special condition: Standard

Features

  • Levels: Three Or More
  • Entry location: Main
  • Patio & porch: Fireplace,Vaulted Ceiling(s)
  • Has view: Yes
  • View description: Territorial

Lot

  • Lot size: 2,016 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 $4,550$54,600
Home Insurance *$148$1,776
Property Taxes $765$9,180
Electricity $166$2,002
Total$5,629$67,548
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$192,994/yr
40% on housing$168,870/yr
45% on housing$150,106/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

$369This listing

vs Other Active Listings

Avg $/sqft

ZIP 98122$377
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)

No zestimate history available

Price History

DateEventPrice
2026-08-07Listed for sale$849,950
2026-07-29Sold$609,950
2026-06-26Price change$899,950
2026-06-09Listed for sale$924,950
2026-03-30Sold$619,000
2023-08-30Sold$1,015,000
2023-06-26Pending sale$1,149,950
2023-04-13Listed for sale$1,149,950
1994-12-30Sold$116,500

For Sale by Agent

AgentTom Skepetaris
BrokerageRealogics Sotheby's Int'l Rlty

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