One of 1,805 reachable commercial buildings in Seattle. Larger than 84% of commercial buildings in Seattle (median 7,940 SF), derived from assessor records.
Usable building area
61,802 SF, King County Assessor
Lot size
44,071 SF, King County Assessor
Year built
1910, King County Assessor
Stories
4, King County Assessor
Predominant use
Retirement Facility, King County Assessor
Units
125, King County Assessor
Assessed value
$18,242,000, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$295.17/SF, derived from assessor records
Usable area / lot
1.4, derived from assessor records
Vintage
pre-war vintage
Zoning
LR2 (M), King County
County use code
Retirement Facility
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
MakeMe Estimate: $19.1M (estimated market value), with a likely range of $15.8M to $23M (half of recent verified sales in this segment landed inside that range). Based on 4 verified arm's-length comparable sales (through 2026-06-01). Not an appraisal. How this estimate works.
lower confidence: 2 comparable sales within 3 miles; nearest 2.1 mi. This property type carries wider measured error; treat the estimate as a starting point. Recent sale check: this building sold for $17,450,000 in 2025; the estimate is about 9% apart. Treat the recorded trade as strong evidence alongside the model. Comparable-sale caveat: the estimate is well above (more than double apart from) the $146.99/SF median of the shown comparable sales.
Recorded arm's-length sales of similar buildings nearby; nearer and more recent sales rank first. Buyer and seller names are withheld. Get this data via API.
Market context: Commercial in Seattle
median verified sale $529.93/SF over the trailing 24 months; 37 sales in the last 12 months and 66 in 24 (newest verified sale 2026-05); the middle 80% of recent sales traded at 0.72x to 1.89x their county assessed value, median 1.08x (64 sales with usable county values).
2022: $516.78/SF median (29 sales)
2023: $485.41/SF median (28 sales)
2024: $533.38/SF median (24 sales)
2025: $478.16/SF median (37 sales)
2026 YTD: $669.37/SF median (10 sales)
This estimate sits at 1.05x county assessed value, the 44th percentile of those recent sale premiums.
Computed from 1,281 verified arm's-length sales in King County public records (66 in the trailing 24 months). Free public records. Not an appraisal.
Last sold: 2025-04-01 for $17,450,000 (recorded arm's-length sale).
Current ownership dates to 2025 per recorded transfers.
2025-04-01: $17,450,000 from CSH Queen Anne LLC to Queen Anne Alc LLC, rec. 20250401000769
2016-01-21: $30,812,500 from Queen Anne Manor LLC to CSH Queen Anne LLC, rec. 20160129001311
2007-12-20: $17,188,225 from Alpha Care LLC to Queen Anne Manor LLC, rec. 20071220000794
1998-07-02: transfer from Private party to Private party (non-market transfer), rec. 000000000000
Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.
Value over time
Dark line: county assessed value per King County tax rolls. Blue line: our estimate; dashed years are a modeled backcast built from recorded arm's-length sales in the building's segment, not estimates published at the time, and years without enough sales stay unmodeled. The shaded range is the model's measured error band; about half of verified sales in the segment land inside it. Diamonds: recorded arm's-length sales. Not an appraisal. How this estimate works.
Land, site, and value history
Assessed value moved from $11,000,000 (2011) to $18,242,000 (2026), up 66% over 15 years, per county tax rolls. The 2026 roll splits $18,242,000 into $9,475,200 land and $8,766,800 improvements.
Zoning: LR2 (M) (per King County)
Lot: 44,071 sq ft
Rated views: Other view
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Home For The Elderly 61,802 SF (county building sections)