MakeMe Estimate: $2.65M (estimated market value), with a likely range of $2.34M to $3.06M (half of recent verified sales in this segment landed inside that range). Based on 8 verified arm's-length comparable sales (through 2026-06-01). Not an appraisal. How this estimate works.
moderate confidence: 4 comparable sales within 3 miles; nearest 0.7 mi. This property type carries wider measured error; treat the estimate as a starting point.
Recorded arm's-length sales of similar buildings nearby; nearer and more recent sales rank first. Buyer and seller names are withheld. Get this data via API.
Market context: Office in Shoreline
median verified sale $331.16/SF over the trailing 24 months; 2 sales in the last 12 months and 5 in 24 (newest verified sale 2025-06).
Computed from 80 verified arm's-length sales in King County public records (5 in the trailing 24 months). Free public records. Not an appraisal.
Current ownership dates to 2015 (about 11 years) per recorded transfers.
2015-04-28: $3,400,000 from GBC International Bank INC to Private party (part of a 2-parcel sale; price is the whole deal), rec. 20150430001771
2004-08-20: transfer from Shoreline Bank to City of Shoreline (non-market transfer), rec. 20040930000528
2003-04-08: $860,000 from Private party to Shoreline Bank (part of a 2-parcel sale; price is the whole deal), rec. 20030428002664
1983-12-27: $13,000 from Private party to Private party (part of a 2-parcel sale; price is the whole deal), rec. 198312291184
Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.
Value over time
Dark line: county assessed value per King County tax rolls. Blue line: our estimate; dashed years are a modeled backcast built from recorded arm's-length sales in the building's segment, not estimates published at the time, and years without enough sales stay unmodeled. The shaded range is the model's measured error band; about half of verified sales in the segment land inside it. Not an appraisal. How this estimate works.
Land, site, and value history
Assessed value moved from $2,148,900 (2011) to $1,982,900 (2026), down 8% over 15 years, per county tax rolls. The 2026 roll splits $1,982,900 into $816,700 land and $1,166,200 improvements.
Zoning: MB (per King County)
Lot: 10,890 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Office Building 4,522 SF; Bank 4,522 SF (county building sections)