1111 E Pine St, Seattle, WA 98122

Multifamily · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: mid-rise mixed-use, 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 AI estimate from public imagery; may be outdated.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 94% of multifamily buildings in Seattle (median 9,444 SF), derived from assessor records.

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Building size: 103,100 SF, King County Assessor
Lot size: 14,404 SF, King County Assessor
Year built: 2014, King County Assessor
Stories: 7, King County Assessor
Predominant use: Apartment- 92 Units, King County Assessor
Units: 92, King County Assessor
Assessed value: $40,428,000, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $392.12/SF, derived from assessor records
Lot coverage: 716%, derived from assessor records
Vintage: 2010s vintage
Zoning: NC3P-75 (M), King County
County use code: Apartment(Mixed Use)
Construction (observed): masonry, AI estimate from public imagery
Parking (observed): street only, 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.

1530 12th Ave, Seattle · 0.1 mi · 74,725 SF · built 2009 · assessed $271.65/SF
1202 E Pine St, Seattle · 0.1 mi · 16,756 SF · built 1908 · assessed $289.33/SF
1200 E Pike St, Seattle · 0.1 mi · 73,965 SF · built 2015 · assessed $291.45/SF
1019 E Pike St, Seattle · 0.1 mi · 25,469 SF · built 1905 · assessed $257.10/SF
1121 E Pike St, Seattle · 0.1 mi · 57,600 SF · built 2007 · assessed $329.65/SF
1601 13th Ave, Seattle · 0.1 mi · 84,389 SF · built 2014 · assessed $372.16/SF

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Sale history and market context

MakeMe Estimate: $36,112,295 (estimated market value), with a likely range of $32,985,129 to $37,268,185 (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 $393K per unit at the midpoint (92 units).

Last sold: 2015-03-31 for $41,650,000 (recorded arm's-length sale).

Current ownership dates to 2015 (about 11 years) per recorded transfers.

2015-03-31: $41,650,000 from Sunset Electric Apartments LLC to Asb Sunset Electric LLC, rec. 20150331001348

2012-05-15: $6,670,000 from Pryde Johnson Eleventh & Pine LLC to Sunset Electric Apartments LLC, rec. 20120516000875

2006-03-16: $2,876,250 from 11th & Pine Associates LLC to Pryde Johnson Eleventh & Pine LLC, rec. 20060320001077

2004-06-17: $2,130,000 from Private party to 11th & Pine Associates LLC, rec. 20040621002276

1989-01-30: $575,000 from Security Pacific Bank Wa to Private party, rec. 198902010359

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 $2,285,100 (2011) to $40,428,000 (2026), up 1669% over 15 years, per county tax rolls. The 2026 roll splits $40,428,000 into $7,562,100 land and $32,865,900 improvements.

Zoning: NC3P-75 (M) (per King County)

Lot: 14,404 sq ft

Rated views: Territorial

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 92,300 SF; Retail Store 7,400 SF; Parking Structure 3,400 SF (county building sections)

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

Permit history

2025-01-17: Electrical, declared value $18,000 (Screened), permit 7065977-EL

2025-01-17: Electrical, declared value $1,500 (Screened), permit 7065861-EL

2024-10-17: Remodel, declared value $70,000 (Screened), permit 7034067-CN

2024-05-31: Other, declared value $30,000 (Screened), permit 7028108-RF

2024-05-31: Electrical, declared value $10,450 (Screened), permit 7028122-EL

2024-04-23: Other, declared value $22,000 (Screened), permit 7021264-RF

2024-04-12: Electrical, declared value $95,495 (Screened), permit 7019600-EL

2023-09-01: Electrical, declared value $4,200 (Complete), permit 6984004-EL

2023-02-13: Remodel, declared value $335,100 (Complete), permit 6840725-CN

2022-03-07: Remodel, declared value $150,000 (Screened), permit 6873054-CN

Source: King County permit records (newest first).