Multifamily · Seattle · Seattle-Bellevue metro, WA
County valuation incomplete: County building evidence or valuation-model support is incomplete here, so this page shows county public facts and private owner claim tools without a MakeMe Estimate.
One of 6,731 reachable multifamily buildings in Seattle.
Building size (estimated)
2,848 SF, estimated from lot coverage
Lot size
4,746 SF, King County Assessor
Predominant use
Apartment, King County Assessor
Assessed value
$2,491,600, per the King County Assessor (not a market appraisal)
Zoning
NC2-75 (M1), King County
County use code
Apartment
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
County building evidence or valuation-model support is incomplete here, so this page shows county public facts and private owner claim tools without a MakeMe Estimate.
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Last sold: 2007-09-13 for $500,000 (recorded arm's-length sale).
Current ownership dates to 2014 (about 12 years) per recorded transfers.
2014-01-31: $4,200,000 from 2051 East Madison LLC to 2051 Madison Street Partners LLC (part of a 4-parcel sale; price is the whole deal), rec. 20140131000462
2007-09-13: $500,000 from Private party to 2051 East Madison LLC, rec. 20070913001083
2000-04-29: transfer from Private party to Private party (non-market transfer), rec. 20000524000164
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. Diamonds: recorded arm's-length sales.
Land, site, and value history
Assessed value moved from $546,700 (2011) to $2,491,600 (2026), up 356% over 15 years, per county tax rolls. The 2026 roll splits $2,491,600 into $2,491,600 land and $0 improvements.