1633 Melrose Ave, Seattle, WA 98122

Multifamily · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: urban walk-up, 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 AI estimate from public imagery; may be outdated.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 84% of multifamily buildings in Seattle (median 9,444 SF), derived from assessor records.

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Building size: 37,992 SF, King County Assessor
Lot size: 7,400 SF, King County Assessor
Year built: 1916, King County Assessor
Stories: 5, King County Assessor
Predominant use: Sherwood Apts, King County Assessor
Units: 49, King County Assessor
Assessed value: $10,565,000, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $278.08/SF, derived from assessor records
Lot coverage: 513%, derived from assessor records
Vintage: pre-war vintage
Zoning: NC3P-75 (M), King County
County use code: Apartment
Construction (observed): masonry, AI estimate from public imagery
Parking (observed): none visible, AI estimate from public imagery

Nearby comparable buildings

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

1620 Melrose Ave, Seattle · 0 mi · 37,151 SF · built 1960 · assessed $246.59/SF
1633 Bellevue Ave, Seattle · 0 mi · 73,830 SF · built 1997 · assessed $267.98/SF
1617 Yale Ave, Seattle · 0 mi · 58,954 SF · built 1925 · assessed $322.98/SF
1356 E Olive Way, Seattle · 0.1 mi · 11,080 SF · built 1914 · assessed $365.34/SF
1623 Bellevue Ave, Seattle · 0.1 mi · 24,962 SF · built 2012 · assessed $373.77/SF
320 E Pine St, Seattle · 0.1 mi · 170,254 SF · built 2014 · assessed $184.76/SF

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Sale history and market context

MakeMe Estimate: $10,291,711 (estimated market value), with a likely range of $9,400,494 to $10,621,130 (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 $210K per unit at the midpoint (49 units).

Current ownership dates to 2004 (about 22 years) per recorded transfers.

2 administrative transfers (no consideration), 2004 to 2004

2004-03-22: $316,425 from Private party to Private party (non-market transfer), rec. 20040326001914

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 $4,917,000 (2011) to $10,565,000 (2026), up 115% over 15 years, per county tax rolls. The 2026 roll splits $10,565,000 into $4,255,000 land and $6,310,000 improvements.

Zoning: NC3P-75 (M) (per King County)

Lot: 7,400 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 37,992 SF (county building sections)

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