215 1st Ave W, Seattle, WA 98119

Multifamily · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: multi-story apartment, 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 AI estimate from public imagery; may be outdated.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 95% of multifamily buildings in Seattle (median 9,444 SF), derived from assessor records.

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Building size: 137,324 SF, King County Assessor
Lot size: 21,240 SF, King County Assessor
Year built: 2001, King County Assessor
Stories: 7, King County Assessor
Predominant use: Metro On First Apts, King County Assessor
Units: 106, King County Assessor
Assessed value: $42,500,000, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $309.49/SF, derived from assessor records
Lot coverage: 647%, derived from assessor records
Vintage: 2000s vintage
Zoning: SM-UP 85 (M), King County
County use code: Apartment(Mixed Use)
Construction (observed): masonry, 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.

200 2nd Ave W, Seattle · 0 mi · 80,199 SF · built 2018 · assessed $350.08/SF
215 Queen Anne Ave N, Seattle · 0.1 mi · 46,669 SF · built 2022 · assessed $302.41/SF
19 W Thomas St, Seattle · 0.1 mi · 19,506 SF · built 1911 · assessed $284.37/SF
229 Queen Anne Ave N, Seattle · 0.1 mi · 101,192 SF · built 2004 · assessed $226.31/SF
300 1st Ave W, Seattle · 0.1 mi · 185,048 SF · built 2016 · assessed $281.08/SF
315 1st Ave W, Seattle · 0.1 mi · 80,592 SF · built 2001 · assessed $246.92/SF

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Sale history and market context

MakeMe Estimate: $40,535,215 (estimated market value), with a likely range of $37,025,045 to $41,832,675 (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 $382K per unit at the midpoint (106 units).

Last sold: 2025-02-19 for $42,520,500 (recorded arm's-length sale).

Current ownership dates to 2025 per recorded transfers.

2025-02-19: $42,520,500 from Eqr Metro on First LLC to Success Garden Sano CO LTD, rec. 20250226000493

2019-02-20: transfer from Eqr-Frewac 2008 Limited Partnership to Eqr-Metro on First LLC (non-market transfer), rec.

2016-11-17: $50,000 from Erp Operating LP to Queen Anne 2nd Ave LP, rec. 20170119001037

2008-03-10: transfer from Erp Operating Limited Partnership to Eqr-Frewac 2008 Limited Partnership (non-market transfer), rec. 20080313001330

2005-06-30: $18,599,400 from Mof LLC to Erp Operating LP C/O Equity Residential, rec. 20050706001983

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 $20,057,300 (2010) to $42,500,000 (2026), up 112% over 16 years, per county tax rolls. The 2026 roll splits $42,500,000 into $11,682,000 land and $30,818,000 improvements.

Zoning: SM-UP 85 (M) (per King County)

Lot: 21,240 sq ft

Rated views: Olympic Mountains, Seattle skyline, Puget Sound

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Apartment 87,669 SF; Basement, Parking 45,639 SF; Retail Store 1,900 SF (county building sections)

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

Permit history

2022-08-25: Remodel (Complete), permit 6778672-CN

2013-06-21: Remodel, declared value $93,374 (Screened), permit 6368250

2000-11-22: Other, declared value $10,170,000 (Screened), permit 717464

2000-11-01: Other, declared value $10,170,000 (Complete), permit 717137

Source: King County permit records (newest first).