$175,000
Est. $969/mo1 ba•404 sq ft
5022 Martin Luther King Jr Way S #509, Seattle, WA 98118
• Listed Sep 14, 2026•25 days active · 25 cumulative
Listing Broker: KW Greater Seattle; Lindsey Sargent; 206-778-0493; lindseysargent@kw.com
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Listing Broker: KW Greater Seattle; Lindsey Sargent; 206-778-0493; lindseysargent@kw.com
About this home
Modern, Efficient Studio Living in Vibrant Columbia City!Welcome to Liberty Commons—an incredible opportunity for permanently affordable homeownership in one of Seattle’s most dynamic neighborhoods! This thoughtfully designed studio offers smart, light-filled efficiency paired with fantastic community amenities, complete with in-unit laundry and all appliances included. Enjoy outdoor relaxation in the sprawling 2,000 sq. ft. shared courtyard, and secure bike storage for seamless, car-free living.Situated steps from the Columbia City Light Rail station, your commute to Downtown Seattle or SeaTac is effortless, with local cafes, eateries, and rich culture right outside your front door. Liberty Commons is backed by Habitat for Humanity, offering long-term peace of mind with active HOA involvement and a buy-back program that ensures long-term building health, investment stability and equity protection. Five studios available starting at $165,000. Homeownership in Seattle is within reach, with downpayments as low as 1% and special financing through the WSHFC with no Mortgage insurance & below market interest rates. Income qualification guidelines apply. Stop renting and start building equity today. Welcome Home.
Listed by Lindsey Sargent • KW Greater Seattle
Listing updated: October 3, 2026 at 12:14pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2579647
Around this home
How much should you offer?
5022 Martin Luther King Jr Way S #509, Seattle, WA 98118
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Interior features
- Dryer-Electric
- Soaking Tub
- Washer
- Water Heater
Kitchen
- Dishwasher
- Dryer
- Refrigerator
- Stove(s)/Range(s)
- Washer
Bathrooms
- 1 full bathroom
- 1 on the main level
Layout
- Condo (1 Level)
Laundry
- Electric Dryer Hookup laundry
- Washer Hookup laundry
Flooring
- Laminate
- Carpet
Heating & cooling
- Forced Air heating
- HRV/ERV System heating
- Radiant heating
- Wall Furnace heating
- Ductless cooling
Condominium facts
As entered by the listing broker on Northwest MLS
Building & HOA
- Building
- Liberty Commons
- Floor of unit
- 6
- Units in building
- 58
- Stories in building
- 6
- FHA-approved project
- No
- Co-op
- No
- Common interest community
- Yes
- HOA dues
- $200
- Dues frequency
- Monthly
- Dues include
- Common Area Maintenance, Trash
- Special assessment
- false
- First right of refusal
- No
Rules
- Rental cap
- No Rentals
- Short-term rentals allowed
- No
- Pets
- See Remarks, Yes
- 55+ community
- No
Unit
- Assigned parking
- 0
- Unit features
- Jetted/Soaking Tub
- Common property features
- Elevator,Fire Sprinklers,Lobby Entrance,Rooftop Deck
- Entry location
- Main
- Access stairs
- 2
- Laundry
- Electric Dryer Hookup, Washer Hookup
Systems
- Energy source
- Electric
- Power production
- Electric
- Water heater
- Electric
- Water heater location
- 5th floor corridor
- Power company
- Seattle City Light
- Water company
- Seattle Public Utilities
- Sewer company
- Seattle Public Utilities
- Garbage service
- Paid through HOA
- Irrigation water rights
- No
- Internet connected
- Xfinity
- Cable connected
- Xfinity
Rooms & extras
- Bathtubs
- 1
- Showers
- 1
- Excluded items
- No
New construction
- New construction state
- Presale
- Estimated completion
- Sep 26, 2026
- Square footage source
- builder plans
- Effective year built source
- Public Records
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sun and shade
How many hours of direct sun each part of this lot gets on the day you pick. Hover the map to read a spot.
Daylight 7:30 AM to 6:30 PM Pacific, 11.0 hours
Sun and shadows come from terrain and mapped buildings. Trees are not shown, so a yard under big trees can be shadier than this map. Sun map by ShadeMap.
Schools
Ratings via SchoolDiggerSeattle School District
- Hawthorne Elementary SchoolPublic · Grades K-5 · State rank 270 of 1,1608/10
- Aki Kurose Middle SchoolPublic · Grades 6-8 · State rank 266 of 5144/10
- Franklin High SchoolPublic · Grades 9-12 · State rank 158 of 3966/10
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
Sales & Tax Records for 5022 Martin Luther King Jr Way S #509
NWMLS via MLS Grid · King County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Sep 8, 2026ListedNWMLS via MLS Grid · #2579647$175,000$433/sq ft
- Jun 2, 2022SoldNWMLS via MLS Grid · #1897340$1,350,000$3,342/sq ft
- Mar 18, 2022PendingNWMLS via MLS Grid · #1897340$1,750,000$4,332/sq ft
- Mar 4, 2022ListedNWMLS via MLS Grid · #1897340$1,750,000$4,332/sq ft
- May 12, 2021Recorded saleKing County recorder · Trustee's deed$2,250,000$5,569/sq ft
- Jul 13, 2017SoldNWMLS via MLS Grid · #1040217$1,200,000$2,970/sq ft
Down payment assistance
7 programs may be available to provide you with up to $110,000 in down payment assistance, depending on your specific information.
Northwest MLS lists this home as eligible for down payment assistance programs
Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.
Mortgage payment forecast
$1,395 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Ask about this home
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Listing Broker: KW Greater Seattle; Lindsey Sargent; 206-778-0493; lindseysargent@kw.com
Market pulse
Seattle is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 58 days.
Recent sales nearby
Within 1 mile · last 6 months$536,000 Sold
5 weeks ago
2 bd•1.5 ba•Condo
3538 S Dawson Street, Seattle, WA 98118
6%
Under list
49
Days on market
0.1 mi
Distance
$550,000 Sold
6 weeks ago
2 bd•2.25 ba•Condo
4004 Courtland Place S, Seattle, WA 98118
0%
Over list
81
Days on market
0.8 mi
Distance
$1,085,000 Sold
6 weeks ago
4 bd•3.5 ba•Condo
6025 47th Avenue S #A, Seattle, WA 98118
1%
Under list
120
Days on market
1.0 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Oct 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 3, 2026 at 12:14pm (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
HO
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