20982 39th Way S, Seatac, WA 98198
Multifamily · Seatac · Seattle-Bellevue metro, WA
One of 72 reachable multifamily buildings in Seatac. Larger than 94% of multifamily buildings in Seatac (median 23,400 SF), derived from assessor records.
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- Building size
- 221,915 SF, King County Assessor
- Lot size
- 794,477 SF, King County Assessor
- Year built
- 2009, King County Assessor
- Stories
- 3, King County Assessor
- Buildings on parcel
- 10, King County Assessor
- Predominant use
- Bldg 6 - 20975 41st Place S. (F), King County Assessor
- Units
- 168, King County Assessor
- Assessed value
- $43,503,000, per the King County Assessor (not a market appraisal)
- Assessed value per building SF
- $196.03/SF, derived from assessor records
- Lot coverage
- 28%, derived from assessor records
- Vintage
- 2000s vintage
- Zoning
- RM, King County
- County use code
- Apartment
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
- 20987 39th Way S, Seatac · 0.1 mi · 146,352 SF · built 2013 · assessed $278.41/SF
- 3221 S 208th St, Seatac · 0.4 mi · 9,682 SF · built 2004 · assessed $229.70/SF
- 3231 S 204th St, Seatac · 0.4 mi · 122,370 SF · built 1979 · assessed $273.16/SF
- 3201 S 208th St, Seatac · 0.4 mi · 10,860 SF · built 1979 · assessed $226.52/SF
- 20810 32nd Ln S, Seatac · 0.4 mi · 19,092 SF · built 1991 · assessed $215.74/SF
- 3100 S 208th St, Seatac · 0.4 mi · 182,014 SF · built 1985 · assessed $210.59/SF
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Sale history and market context
MakeMe Estimate: $49,070,185 (estimated market value), with a likely range of $44,820,924 to $50,640,834 (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 $292K per unit at the midpoint (168 units).
Last sold: 2014-10-15 for $28,950,000 (recorded arm's-length sale).
Current ownership dates to 2014 (about 12 years) per recorded transfers.
- 2014-10-15: $28,950,000 from Aspens Ridgeview LLC to Prime Belvedere East LLC, rec. 20141015000983
- 2010-12-21: $28,541,400 from Ridgeview Apartments LLC to Aspens Ridgeview LLC, rec. 20101221000645
- 2010-11-08: $223,828 from ST Multi 2 LLC to Ridgeview Apartments LLC (part of a 3-parcel sale; price is the whole deal), rec. 20101108001168
- 2010-11-02: $26,612 from Ridgeview Apartments LLC to Ridgeview Carriage LLC (non-market transfer), rec. 20101105000291
- 2010-11-01: $2,214 from Ridgeview Carriage LLC to Ridgeview Apartments LLC (non-market transfer), rec. 20101105000290
Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.
Land, site, and value history
Assessed value moved from $14,703,800 (2011) to $43,503,000 (2026), up 196% over 15 years, per county tax rolls. The 2026 roll splits $43,503,000 into $4,880,900 land and $38,622,100 improvements.
- Zoning: RM (per King County)
- Lot: 794,477 sq ft
- Rated views: Territorial
- Nuisance flags: Traffic noise
- Water: Water District (per King County)
- Sewer: Public (per King County)
- Access: Public
- Street surface: Paved
- Floor and use mix: Multiple Residence (Low Rise) 201,191 SF; Basement, Parking 20,724 SF (county building sections)
- County districts report (schools, fire, sewer, council; on kingcounty.gov)