1735 Dexter Ave N, Seattle, WA 98109

Multifamily · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: mid-rise apartment building, 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 AI estimate from public imagery; may be outdated.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 92% of multifamily buildings in Seattle (median 9,444 SF), derived from assessor records.

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Building size: 82,878 SF, King County Assessor
Lot size: 20,462 SF, King County Assessor
Year built: 1996, King County Assessor
Stories: 5, King County Assessor
Predominant use: Summit, King County Assessor
Units: 53, King County Assessor
Assessed value: $17,609,000, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $212.47/SF, derived from assessor records
Lot coverage: 405%, derived from assessor records
Vintage: 1990s vintage
Zoning: NC3-55 (M), King County
County use code: Apartment
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.

1710 Aurora Ave N, Seattle · 0 mi · 83,600 SF · built 1995 · assessed $269.26/SF
1713 Dexter Ave N, Seattle · 0 mi · 21,003 SF · built 1979 · assessed $283.67/SF
1650 Aurora Ave N, Seattle · 0 mi · 34,852 SF · built 1995 · assessed $233.07/SF
1738 Dexter Ave N, Seattle · 0.1 mi · 8,726 SF · built 1967 · assessed $324.09/SF
1622 Aurora Ave N, Seattle · 0.1 mi · 42,000 SF · built 2018 · assessed $357.93/SF
1744 Dexter Ave N, Seattle · 0.1 mi · 8,726 SF · built 1967 · assessed $330.85/SF

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Sale history and market context

MakeMe Estimate: $18,460,306 (estimated market value), with a likely range of $16,861,725 to $19,051,187 (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 $348K per unit at the midpoint (53 units).

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

2015-10-14: $27,619,350 from Eqr-Sombra 2008 Limited Partnership to Summit at Lake Union Apartments II LLC (part of a 3-parcel sale; price is the whole deal), rec. 20151015000824

2015-10-14: $20,835,650 from Eqr-Sombra 2008 Limited Partnership to Summit at Lake Union Apartments LLC (part of a 3-parcel sale; price is the whole deal), rec. 20151015000823

2011-01-28: transfer from Erp Operating Limited PS to Eqr Sombra 2008 Limited PS (part of a 3-parcel sale; price is the whole deal), rec. 20110131002592

1999-03-11: $1,296 from Private party to Private party (non-market transfer), rec. 199903161077

1997-05-30: transfer from Private party to Erp Operating Limited Partnership (part of a 3-parcel sale; price is the whole deal), rec. 000000000000

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 $8,552,000 (2011) to $17,609,000 (2026), up 106% over 15 years, per county tax rolls. The 2026 roll splits $17,609,000 into $5,115,500 land and $12,493,500 improvements.

Zoning: NC3-55 (M) (per King County)

Lot: 20,462 sq ft

Rated views: Cascades, Territorial, Lake / river / creek

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Apartment 52,846 SF; Basement, Parking 30,032 SF (county building sections)

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

Permit history

2025-11-12: Electrical, declared value $300 (Screened), permit 7116409-EL

2024-12-31: Electrical, declared value $1,500 (Screened), permit 7062971-EL

2024-12-20: Electrical, declared value $500 (Screened), permit 7062048-EL

2024-03-29: Electrical, declared value $650 (Screened), permit 7017108-EL

2024-03-08: Electrical, declared value $43 (Screened), permit 7013458-EL

2023-10-17: Electrical, declared value $2,000 (Screened), permit 6991592-EL

2017-03-27: Remodel, declared value $200,000 (Screened), permit 6531880

2016-08-15: Remodel, declared value $80,000 (Screened), permit 6516507

2014-07-21: Remodel, declared value $10,000 (Screened), permit 6427907

Source: King County permit records (newest first).