Off market

Tax assessed value

$7,127,500

702 Martin Luther King Jr Way, Tacoma, WA 98405

0beds

1baths

475sqft

Apartment

Built in 1931

-- sqft lot

$-- Zestimate^®

$15,005/sqft

$1,229 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,229/mo

Zestimate^® history

Owner options

List your home for rent

$1,229/mo

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$1,229/mo

Rent Zestimate^®

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$43,878/mo

Est. payment

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$43,878/mo

Est. payment

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What's special

Charming, vintage apartment building close to Downtown Tacoma. 1 block from Tacoma General Hospital and close to UW Tacoma and St. Joseph's Hospital. Tons of crown molding, wood trim, spacious studios and one bedrooms available. Huge Walk in closets. We'd love to welcome you home! Please call 253-396-9999. Rent Ranges from $535-635. We have a move-in special for the month of June. Sign a 6 or 12 month lease and we'll give you 1/2 off your first months rent. $300 refundable deposit. $35 screening fee.

This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 0
Bathrooms: 1

Heating

Other, Other

Appliances

Included: Range / Oven, Refrigerator

Features

Flooring: Tile
Basement: Finished

Interior area

Total interior livable area: 475 sqft

Property

Parking

Parking features: Garage - Attached, Garage - Detached

Features

Has spa: Yes

Lot

Size: 9,748 Square Feet

Details

Parcel number: 2007220100

Construction

Type & style

Home type: Apartment

Materials

masonry

Condition

Year built: 1931

Community & HOA

Community

Features: On Site Laundry Available

Location

Region: Tacoma

Financial & listing details

Price per square foot: $15,005/sqft
Tax assessed value: $7,127,500
Annual tax amount: $77,431

Price history

Date	Event	Price
4/20/2022	Sold	$7,218,500+131.4%$15,197/sqft
Source: Public Record Report a problem
3/31/2016	Sold	$3,119,519+27.6%$6,567/sqft
Source: Public Record Report a problem
2/27/2013	Listing removed	$550$1/sqft
Source: The Pennington Apartments Report a problem
1/28/2013	Listed for rent	$550+0.9%$1/sqft
Source: The Pennington Apartments Report a problem
3/25/2012	Listing removed	$545$1/sqft
Source: Olympic Management Company Report a problem
2/25/2012	Listed for rent	$545$1/sqft
Source: Olympic Management Company Report a problem
11/22/2011	Listing removed	$545$1/sqft
Source: Olympic Management Company Report a problem
9/21/2011	Listed for rent	$545$1/sqft
Source: Olympic Management Company Report a problem
8/10/2011	Listing removed	$545$1/sqft
Source: The Pennington Apts. Report a problem
4/27/2011	Listed for rent	$545$1/sqft
Source: The Pennington Apts. Report a problem
3/2/2011	Listing removed	$545$1/sqft
Source: The Pennington Apts. Report a problem
1/26/2011	Listed for rent	$545$1/sqft
Source: The Pennington Apts. Report a problem
5/21/2008	Sold	$2,445,000+41.1%$5,147/sqft
Source: Public Record Report a problem
10/29/2002	Sold	$1,733,000+36.9%$3,648/sqft
Source: Public Record Report a problem
2/29/2000	Sold	$1,265,777+6.4%$2,665/sqft
Source: Public Record Report a problem
9/30/1994	Sold	$1,189,621$2,504/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$77,431 +9.1%	$7,127,500 +11.6%
2023	$70,975 +7.2%	$6,389,100
2022	$66,203 +27%	$6,389,100 +40.2%
2021	$52,144 -15.7%	$4,557,000 +11.3%
2019	$61,833 +45.5%	$4,094,500 -14.1%
2018	$42,491 +7.9%	$4,768,800 +76.9%
2017	$39,397 +1.9%	$2,695,200 +21%
2016	$38,656	$2,227,400
2014	$38,656 +4.5%	$2,227,400
2013	$36,988	$2,227,400 +5.5%
2012	--	$2,111,800 -8%
2011	--	$2,296,600 -6.2%
2010	--	$2,447,300
2009	--	$2,447,300
2008	$26,103	$2,447,300 +9.5%
2007	$26,103 +26%	$2,235,300 +84.7%
2002	$20,713 +22.6%	$1,210,000
2001	$16,897	$1,210,000 +25.6%
2000	$16,897	$963,500