11500 15th Ave NE, Seattle, WA 98125

Multifamily · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: mid-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 AI estimate from public imagery; may be outdated.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 76% of multifamily buildings in Seattle (median 9,444 SF), derived from assessor records.

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Building size: 23,888 SF, King County Assessor
Lot size: 18,900 SF, King County Assessor
Year built: 1974, King County Assessor
Stories: 4, King County Assessor
Predominant use: Apartments, King County Assessor
Units: 25, King County Assessor
Assessed value: $5,930,000, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $248.24/SF, derived from assessor records
Lot coverage: 126%, derived from assessor records
Vintage: 1970s vintage
Zoning: NC2-55 (M), King County
County use code: Apartment
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.

11501 15th Ave NE, Seattle · 0.1 mi · 93,428 SF · built 1980 · assessed $245.70/SF
11540 Pinehurst Way NE, Seattle · 0.1 mi · 36,408 SF · built 1970 · assessed $262.61/SF
11500 Pinehurst Way NE, Seattle · 0.1 mi · 51,387 SF · built 1978 · assessed $262.71/SF
1518 NE 117th St, Seattle · 0.1 mi · 10,540 SF · built 1987 · assessed $256.45/SF
11722 Pinehurst Way NE, Seattle · 0.2 mi · 9,150 SF · built 1978 · assessed $217.81/SF
11736 Pinehurst Way NE, Seattle · 0.2 mi · 10,291 SF · built 1990

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Sale history and market context

MakeMe Estimate: $5,875,563 (estimated market value), with a likely range of $5,215,663 to $6,702,384 (half of recent verified sales in this segment landed inside that range). Based on 667 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works. About $235K per unit at the midpoint (25 units).

Last sold: 2001-05-03 for $1,750,000 (recorded arm's-length sale).

Current ownership dates to 2001 (about 25 years) per recorded transfers.

2001-05-03: $1,750,000 from Private party to Dpe Investments LLC, rec. 20010504002481

2001-02-13: transfer from Private party to Private party (non-market transfer), rec. 20010302002671

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 $1,935,000 (2011) to $5,930,000 (2026), up 206% over 15 years, per county tax rolls. The 2026 roll splits $5,930,000 into $2,457,000 land and $3,473,000 improvements.

Zoning: NC2-55 (M) (per King County)

Lot: 18,900 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Floor and use mix: Apartment 23,888 SF (county building sections)

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