$244,000
Est. $1,352/mo1 bd•1 ba•504 sq ft
5022 Martin Luther King Jr Way S #502, Seattle, WA 98118
• Listed Sep 14, 2026•23 days active · 23 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
Say goodbye to rising rent and hello to brand-new homeownership at Liberty Commons! A dream location, you are just steps from local coffee shops, bustling farmers markets, and diverse neighborhood dining for effortless, car-free living. Boasting a Walk Score of 87, the Columbia City Light Rail station just blocks away and "very bikeable" bike score with excellent infrastructure for daily cyclists.Enjoy the ultimate new construction peace of mind in this thoughtfully designed 1-bedroom home, featuring light-filled interiors, in-unit laundry, and all brand-new appliances included. Community amenities include a sprawling 2,000 sq. ft. shared courtyard, elevator access, and secure bike storage. Backed by Habitat for Humanity with active HOA support and buy-back program that ensures long-term building health, investment stability and equity protection. Twenty-five 1-bedroom homes available starting at $221,000. Own for less than renting with down payments as low as 1% and special WSHFC financing (below-market rates & no mortgage insurance). Income limits apply (up to 80% AMI). Welcome home!
Listed by Lindsey Sargent • KW Greater Seattle
Listing updated: September 23, 2026 at 04:28pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2580472
Around this home
How much should you offer?
5022 Martin Luther King Jr Way S #502, 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
- Insulated Windows
- Vaulted Ceiling(s)
- Washer
- Water Heater
Kitchen
- Dishwasher
- Dryer
- Refrigerator
- Stove(s)/Range(s)
- Washer
Bedrooms
- 1 bedroom total
- 1 on the main level
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
- $243
- 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
- Insulated Windows,Vaulted Ceilings
- 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 Utiltities
- Sewer company
- Seattle Public Utiltities
- Garbage service
- Paid through HOA
- Irrigation water rights
- No
- Internet connected
- Xfinity
- Cable connected
- Xfinity
Green & certifications
- Energy-efficient features
- Insulated Windows
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
Walk, bike & transit scores
Source: Walk Score®, Bike Score® and Transit Score® are provided by Walk Score (walkscore.com), a third-party service. This is not Northwest MLS listing data.
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.
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
$1,910 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 56 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 September 23, 2026 at 04:28pm (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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