1525 Minor Ave, Seattle, WA 98101

Multifamily · Seattle · Seattle-Bellevue metro, WA

One of 5,391 reachable multifamily buildings in Seattle. Larger than 93% of multifamily buildings in Seattle (median 9,444 SF), derived from assessor records.

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Building size: 88,976 SF, King County Assessor
Lot size: 14,454 SF, King County Assessor
Year built: 2013, King County Assessor
Stories: 7, King County Assessor
Predominant use: Pine+minor Mixed-Use Apartments, King County Assessor
Units: 120, King County Assessor
Assessed value: $38,392,000, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $431.49/SF, derived from assessor records
Lot coverage: 616%, derived from assessor records
Vintage: 2010s vintage
Zoning: NC3P-95 (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.

1515 Bellevue Ave, Seattle · 0 mi · 13,135 SF · built 1925 · assessed $318.08/SF
1100 Pike St, Seattle · 0 mi · 53,232 SF · built 1908 · assessed $287.36/SF
1520 Melrose Ave, Seattle · 0 mi · 15,281 SF · built 1916 · assessed $346.38/SF
1411 Bellevue Ave, Seattle · 0.1 mi · 12,280 SF · built 1909 · assessed $383.64/SF
305 E Pine St, Seattle · 0.1 mi · 263,321 SF · built 2015 · assessed $291.26/SF
1208 Pine St, Seattle · 0.1 mi · 73,646 SF · built 2020 · assessed $348.81/SF

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Sale history and market context

MakeMe Estimate: $33,994,082 (estimated market value), with a likely range of $31,050,344 to $35,082,171 (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 $283K per unit at the midpoint (120 units).

Last sold: 2011-12-14 for $5,500,000 (recorded arm's-length sale).

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

2015-02-26: $42,650,362 from 1519 Minor LLC to Pine & Minor Apartments LLC, rec. 20150226001713

2012-04-23: transfer from 1519 Minor LLC to Seattle City of (non-market transfer), rec. 20120523000732

2011-12-14: $5,500,000 from Washington Real Estate Holdings LLC to 1519 Minor LLC, rec. 20111219000728

2006-02-06: $2,900,000 from Dikmen Associates to Washington Real Estate Holdings LLC, rec. 20060206002648

1993-09-02: $940,000 from Pine Street Assoc to Dikmen Associates, rec. 199309091431

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 $2,626,200 (2011) to $38,392,000 (2026), up 1362% over 15 years, per county tax rolls. The 2026 roll splits $38,392,000 into $11,563,200 land and $26,828,800 improvements.

Zoning: NC3P-95 (M) (per King County)

Lot: 14,454 sq ft

Rated views: Territorial, Seattle skyline

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 73,573 SF; Basement, Parking 12,168 SF; Mixed Use Retail 3,202 SF (county building sections)

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

Permit history

2024-12-19: Electrical, declared value $10,000 (Screened), permit 7061921-EL

2024-09-19: Electrical, declared value $19,300 (Screened), permit 7046939-EL

2015-12-09: Remodel, declared value $346,617 (Complete), permit 6479158

2014-07-11: Remodel, declared value $25,000 (Complete), permit 6410957

2012-06-15: Building, New, declared value $11,078,637 (Complete), permit 6221985

2012-05-24: Building, New, declared value $300,000 (Complete), permit 6309483

2012-05-09: Demolition (Complete), permit 6316006

2006-08-10: Building, New, declared value $18,000,000 (Screened), permit 753916

Source: King County permit records (newest first).