1823 Terry Ave, Seattle, WA 98101

Multifamily · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: structured parking garage. 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 AI estimate from public imagery; may be outdated.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 100% of multifamily buildings in Seattle (median 9,444 SF), derived from assessor records.

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Building size: 517,164 SF, King County Assessor
Lot size: 20,414 SF, King County Assessor
Year built: 2008, King County Assessor
Stories: 37, King County Assessor
Predominant use: Apartment, King County Assessor
Units: 328, King County Assessor
Assessed value: $165,232,000, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $319.50/SF, derived from assessor records
Lot coverage: 2533%, derived from assessor records
Vintage: 2000s vintage
Zoning: DMC 340/290-440, King County
County use code: Apartment(Mixed Use)
Construction (observed): metal, AI estimate from public imagery
Parking (observed): structured, AI estimate from public imagery

Nearby comparable buildings

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

1922 9th Ave, Seattle · 0.1 mi · 30,180 SF · built 1929 · assessed $418.42/SF
2010 Terry Ave, Seattle · 0.1 mi · 577,800 SF · built 2021 · assessed $412.30/SF
809 Olive Way, Seattle · 0.1 mi · 501,794 SF · built 2008 · assessed $209.25/SF
1823 Minor Ave, Seattle · 0.1 mi · 513,947 SF · built 2015 · assessed $374.78/SF
1601 9th Ave, Seattle · 0.2 mi · 74,509 SF · built 2014 · assessed $286.75/SF
1820 Minor Ave, Seattle · 0.2 mi · 140,049 SF · built 1993 · assessed $378.72/SF

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Sale history and market context

MakeMe Estimate: $147,418,014 (estimated market value), with a likely range of $134,652,265 to $152,136,602 (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 $449K per unit at the midpoint (328 units).

Last sold: 2012-11-01 for $165,672,009 (recorded arm's-length sale).

Current ownership dates to 2012 (about 14 years) per recorded transfers.

2012-11-01: $165,672,009 from Stewart & Terry LLC to T-C Aspira LLC, rec. 20121101001112

3 administrative transfers (no consideration), 2007 to 2012

2007-08-15: $8,499,900 from Gethsemane Lutheran Church to Terry Avenue Apartments LLC, rec. 20070815001920

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 $47,904,200 (2011) to $165,232,000 (2026), up 245% over 15 years, per county tax rolls. The 2026 roll splits $165,232,000 into $30,621,000 land and $134,611,000 improvements.

Zoning: DMC 340/290-440 (per King County)

Lot: 20,414 sq ft

Rated views: Mt. Rainier, Seattle skyline, Puget Sound

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Floor and use mix: Multiple Residence (Low Rise) 365,081 SF; Parking Levels (Intermediate/Under Building) 145,625 SF; Retail Store 6,458 SF (county building sections)

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

Permit history

2025-10-16: Electrical, declared value $1,500, permit 7112248-EL

2025-09-29: Remodel, declared value $20,000, permit 7099834-CN

2018-02-23: Remodel, declared value $30,000 (Screened), permit 6645014

2017-12-22: Remodel, declared value $4,000 (Screened), permit 6636874

2012-01-31: Remodel, declared value $300,000 (Complete), permit 6295857

2011-09-21: Remodel, declared value $120,000 (Complete), permit 6287793

2010-06-25: Remodel, declared value $100,000 (Complete), permit 6251096

2008-05-16: Building, New, declared value $69,767,410 (Complete), permit 6105328

2008-01-10: Building, New, declared value $20,977,444 (Complete), permit 6133155

2007-10-09: Building, New, declared value $2,765,091 (Complete), permit 6133154

Source: King County permit records (newest first).