1414 NE 42nd St, Seattle, WA 98105

Office · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: mid-rise office, 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 AI estimate from public imagery; may be outdated.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 957 reachable office buildings in Seattle. Larger than 78% of office buildings in Seattle (median 20,410 SF), derived from assessor records.

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Building size: 122,400 SF, King County Assessor
Lot size: 16,000 SF, King County Assessor
Year built: 2009, King County Assessor
Stories: 6, King County Assessor
Predominant use: Wesley Square, King County Assessor
Assessed value: $24,053,300, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $196.51/SF, derived from assessor records
Lot coverage: 765%, derived from assessor records
Vintage: 2000s vintage
Zoning: SM-U 75-240 (M1), King County
County use code: Office Building
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.

4244 University Way NE, Seattle · 0.1 mi · 12,800 SF · built 1927
4313 University Way NE, Seattle · 0.1 mi · 32,960 SF · built 1900 · assessed $284.90/SF
4333 Brooklyn Ave NE, Seattle · 0.2 mi · 242,643 SF · built 1969
4333 Brooklyn Ave NE, Seattle · 0.2 mi · 336,254 SF · built 1971
4317 12th Ave NE, Seattle · 0.2 mi · 258,304 SF · built 1969
4545 15th Ave NE, Seattle · 0.2 mi · 113,944 SF · built 1960

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Sale history and market context

MakeMe Estimate: $24,954,976 (estimated market value), with a likely range of $22,553,113 to $32,515,153 (half of recent verified sales in this segment landed inside that range). Based on 12 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Last sold: 2016-09-27 for $30,685,000 (recorded arm's-length sale).

Current ownership dates to 2016 (about 10 years) per recorded transfers.

2016-09-27: $30,685,000 from University Square LLC to Russell Partners, rec. 20160927000538

2009-06-05: transfer from Wesley Foundation at Seattle to Seattle City of (non-market transfer), rec. 20090630000103

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 $14,244,800 (2011) to $24,053,300 (2026), up 69% over 15 years, per county tax rolls. The 2026 roll splits $24,053,300 into $9,600,000 land and $14,453,300 improvements.

Zoning: SM-U 75-240 (M1) (per King County)

Lot: 16,000 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Basement, Parking 54,300 SF; Office Building 40,200 SF; Apartment 22,000 SF; Retail Store 5,900 SF (county building sections)

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

Permit history

2020-01-13: Remodel, declared value $61,072 (Screened), permit 6766508-CN

2014-10-07: Remodel, declared value $110,000 (Complete), permit 6440254

2011-11-02: Remodel, declared value $61,500 (Complete), permit 6293799

2011-09-21: Remodel, declared value $700,000 (Complete), permit 6287181

2010-08-19: Remodel, declared value $1,180,406 (Complete), permit 6241517

2009-08-10: Remodel, declared value $1,639,230 (Complete), permit 6220150

2009-04-24: Remodel, declared value $497,100 (Complete), permit 6211410

2008-07-08: Building, New, declared value $13,189,365 (Complete), permit 6090763

2008-07-08: Building, New, declared value $1,200,000 (Complete), permit 6090761

2008-07-08: Demolition (Complete), permit 6090764

Source: King County permit records (newest first).