2124 2nd Ave, Seattle, WA 98121

Office · Seattle · Seattle-Bellevue metro, WA

One of 957 reachable office buildings in Seattle. Larger than 40% of office buildings in Seattle (median 20,410 SF), derived from assessor records.

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Building size: 12,000 SF, King County Assessor
Lot size: 6,480 SF, King County Assessor
Year built: 1949, King County Assessor
Stories: 2, King County Assessor
Predominant use: Office Building, King County Assessor
Assessed value: $4,151,200, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $345.93/SF, derived from assessor records
Lot coverage: 185%, derived from assessor records
Vintage: 1940s vintage
Zoning: DMR/R 95/65, King County
County use code: Office Building

Nearby comparable buildings

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

120 Lenora St, Seattle · 0 mi · 193,500 SF · built 1985 · assessed $173.52/SF
2132 3rd Ave, Seattle · 0.1 mi · 9,720 SF · built 1919 · assessed $243.52/SF
2030 1st Ave, Seattle · 0.1 mi · 39,202 SF · built 1918 · assessed $273.10/SF
2033 1st Ave, Seattle · 0.1 mi · 354,086 SF · built 1988 · assessed $131.98/SF
2124 4th Ave, Seattle · 0.1 mi · 26,670 SF · built 1952
1931 2nd Ave, Seattle · 0.1 mi · 24,300 SF · built 1916 · assessed $186.47/SF

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Sale history and market context

MakeMe Estimate: $3,838,620 (estimated market value), with a likely range of $3,738,062 to $5,071,874 (half of recent verified sales in this segment landed inside that range). Based on 185 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Last sold: 2015-07-30 for $3,600,000 (recorded arm's-length sale).

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

2015-07-30: $3,600,000 from DWW Associates LLC to Abadan Holdings LLC, rec. 20150803001277

2012-02-02: transfer from DWW Associates LLC to Private party (non-market transfer), rec. 20120217001483

1997-01-29: $786,000 from Private party to DWW Associates LLC, rec. 199701310545

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 $1,326,000 (2011) to $4,151,200 (2026), up 213% over 15 years, per county tax rolls. The 2026 roll splits $4,151,200 into $3,434,400 land and $716,800 improvements.

Zoning: DMR/R 95/65 (per King County)

Lot: 6,480 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Mixed Use Retail 12,000 SF (county building sections)

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

Permit history

2025-06-12: Remodel, declared value $35,000 (Screened), permit 7075024-CN

2022-09-23: Remodel, declared value $15,000 (Screened), permit 6907063-CN

2020-09-22: Remodel, declared value $15,000 (Screened), permit 6791319-CN

2018-08-22: Remodel, declared value $30,000 (Screened), permit 6647275-CN

2014-11-05: Remodel, declared value $95,000 (Defunct), permit 6434739

2014-09-03: Remodel, declared value $925,833 (Complete), permit 6402427

Source: King County permit records (newest first).