10500 Meridian Ave N, Seattle, WA 98133

Multifamily · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: low-rise apartments, appears multi-tenant. AI estimate from public imagery. In recent public imagery (2026-06), the building appears well maintained. AI estimate from public imagery; may be outdated.

One of 5,391 reachable multifamily buildings in Seattle. Larger than 98% of multifamily buildings in Seattle (median 9,444 SF), derived from assessor records.

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Building size: 227,233 SF, King County Assessor
Lot size: 205,763 SF, King County Assessor
Year built: 1968, King County Assessor
Stories: 4, King County Assessor
Predominant use: Galleria Apartments, King County Assessor
Units: 208, King County Assessor
Assessed value: $48,926,000, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $215.31/SF, derived from assessor records
Lot coverage: 110%, derived from assessor records
Vintage: 1960s vintage
Zoning: MR (M), King County
County use code: Apartment(Mixed Use)
Construction (observed): masonry, AI estimate from public imagery
Parking (observed): surface lot, AI estimate from public imagery
Frontage (observed): mid block, AI estimate from public imagery

Nearby comparable buildings

Same building type, by distance. Assessor facts only; not an opinion of value.

2237 N 106th St, Seattle · 0.1 mi · 123,841 SF · built 1986 · assessed $168.41/SF
2228 N 106th St, Seattle · 0.1 mi · 4,480 SF · built 1985
2113 N 107th St, Seattle · 0.1 mi · 19,598 SF · built 1997 · assessed $194.15/SF
10621 Bagley Ave N, Seattle · 0.1 mi · 13,555 SF · built 1996 · assessed $238.51/SF
2230 N 106th St, Seattle · 0.1 mi · 21,550 SF · built 1978 · assessed $258.56/SF
10616 Meridian Ave N, Seattle · 0.1 mi · 9,681 SF · built 1983 · assessed $207.93/SF

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Sale history and market context

MakeMe Estimate: $54,208,921 (estimated market value), with a likely range of $49,514,668 to $55,944,052 (half of recent verified sales in this segment landed inside that range). Based on 98 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works. About $261K per unit at the midpoint (208 units).

Last sold: 2010-11-22 for $26,159,702 (recorded arm's-length sale).

Current ownership dates to 2010 (about 16 years) per recorded transfers.

2016-04-28: $2,200 from Keech Galleria LLC to Seattle City of (non-market transfer), rec. 20170109001385

2010-11-22: $26,159,702 from Bascom Villa Seattle LLC to Keech Galleria LLC, rec. 20101124002323

2006-06-26: $19,475,000 from Razore Enterprises INC+MCW LLC to Private party, rec. 20060627000611

3 administrative transfers (no consideration), 2006 to 2006

1989-12-29: $3,200,000 from Razore Enterprises to Private party, rec. 198912291309

Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.

Value over time

Solid line: county appraised value per King County tax rolls. Shaded range: our modeled estimate for each year, built from recorded arm's-length sales in the building's segment; years without enough sales stay unmodeled. Dots: recorded arm's-length sales. Not an appraisal. How this estimate works.

Land, site, and value history

Assessed value moved from $19,656,000 (2011) to $48,926,000 (2026), up 149% over 15 years, per county tax rolls. The 2026 roll splits $48,926,000 into $24,693,600 land and $24,232,400 improvements.

Zoning: MR (M) (per King County)

Lot: 205,763 sq ft

Nuisance flags: Traffic noise

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Apartment 227,233 SF (county building sections)

County districts report (schools, fire, sewer, council; on kingcounty.gov)

Permit history

2026-02-05: Remodel, declared value $40,000, permit 7094828-CN

2024-07-28: Electrical, declared value $2,500 (Screened), permit 7037881-EL

2024-05-14: Electrical, declared value $750 (Screened), permit 7025030-EL

2024-05-13: Electrical, declared value $80,000 (Screened), permit 7024727-EL

2023-05-08: Remodel, declared value $20,000 (Screened), permit 6961123-CN

2018-11-19: Remodel, declared value $15,000 (Screened), permit 6700028-CN

2007-03-29: Remodel, declared value $210,000 (Complete), permit 6132823

Source: King County permit records (newest first).