1300 S Puget Dr, Renton, WA 98055

Multifamily · Renton · Seattle-Bellevue metro, WA

Imagery suggests: garden 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 AI estimate from public imagery; may be outdated.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 302 reachable multifamily buildings in Renton. Larger than 82% of multifamily buildings in Renton (median 6,852 SF), derived from assessor records.

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Building size: 94,325 SF, King County Assessor
Lot size: 88,800 SF, King County Assessor
Year built: 1981, King County Assessor
Stories: 3, King County Assessor
Predominant use: Heritage Hill, King County Assessor
Units: 99, King County Assessor
Assessed value: $25,888,000, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $274.46/SF, derived from assessor records
Lot coverage: 106%, derived from assessor records
Vintage: 1980s vintage
Zoning: RM-F, King County
County use code: Apartment
Construction (observed): wood frame, AI estimate from public imagery
Parking (observed): none visible, AI estimate from public imagery
Frontage (observed): interior, AI estimate from public imagery

Nearby comparable buildings

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

1250 S Puget Dr, Renton · 0 mi · 112,581 SF · built 2014 · assessed $176.73/SF
1823 Grant Avenue South, Renton · 0.1 mi · 85,721 SF · built 2022 · assessed $138.65/SF
1817 Grant Avenue South, Renton · 0.1 mi · 35,550 SF · built 1987 · assessed $1,158/SF
1512 S Puget Dr, Renton · 0.2 mi · 5,316 SF · built 1998 · assessed $194.70/SF
1524 S Puget Dr, Renton · 0.2 mi · 5,316 SF · built 1998 · assessed $194.70/SF
1620 Benson Rd S, Renton · 0.3 mi · 174,822 SF · built 2014 · assessed $277.60/SF

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Sale history and market context

MakeMe Estimate: $26,194,636 (estimated market value), with a likely range of $23,926,296 to $27,033,079 (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 $265K per unit at the midpoint (99 units).

Last sold: 2006-04-12 for $6,160,000 (recorded arm's-length sale).

Current ownership dates to 2006 (about 20 years) per recorded transfers.

2006-04-12: $6,160,000 from Heritage Hills Associates LLC to Heritage Hills Associates Apartments LLC, rec. 20060414001190

1996-11-22: $3,418,453 from Trust Realty Partners to Heritage Hills Associates LLC, rec. 199611261382

1993-07-29: $4,125,000 from August Income=growth Fund 82 to Trust Realty Partners (non-market transfer), rec. 199308040655

1992-07-30: transfer from 1st West CO to August Income Growth Fund 82 (non-market transfer), rec. 199306242503

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 $8,857,000 (2011) to $25,888,000 (2026), up 192% over 15 years, per county tax rolls. The 2026 roll splits $25,888,000 into $1,953,600 land and $23,934,400 improvements.

Zoning: RM-F (per King County)

Lot: 88,800 sq ft

Rated views: Olympic Mountains, Territorial

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Multiple Residence (Low Rise) 94,325 SF (county building sections)

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

Permit history

2024-05-31: Plumbing, declared value $5,000 (Complete), permit P24002792

2024-05-07: Electrical, declared value $5,000 (Complete), permit E24002387

2024-05-07: Other, declared value $1,600 (Screened), permit M24002344

2024-05-03: Other, declared value $1,000 (Screened), permit M24002327

2024-04-08: Remodel, declared value $76,000 (Defunct), permit B24000997

2018-02-08: Electrical, declared value $8,500 (Complete), permit E18000696

2017-12-15: Electrical, declared value $12,000 (Defunct), permit E17005589

2017-11-28: Electrical, declared value $4,000 (Complete), permit E17005625

2017-05-04: Electrical, declared value $650 (Complete), permit E17002012

2016-11-15: Electrical, declared value $5,000 (Defunct), permit E16006144

Source: King County permit records (newest first).