2720 4th Ave, Seattle, WA 98121

Multifamily · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: other cre. 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 AI estimate from public imagery; may be outdated.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 98% of multifamily buildings in Seattle (median 9,444 SF), derived from assessor records.

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Building size: 201,839 SF, King County Assessor
Lot size: 14,064 SF, King County Assessor
Year built: 2014, King County Assessor
Stories: 13, King County Assessor
Predominant use: Mixed Use Apt, King County Assessor
Units: 161, King County Assessor
Assessed value: $60,000,000, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $297.27/SF, derived from assessor records
Lot coverage: 1435%, derived from assessor records
Vintage: 2010s vintage
Zoning: DMR/R 145/65, King County
County use code: Apartment(Mixed Use)
Construction (observed): metal, AI estimate from public imagery
Parking (observed): none visible, AI estimate from public imagery

Nearby comparable buildings

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

2721 4th Ave, Seattle · 0 mi · 69,590 SF · built 1994 · assessed $397.09/SF
320 Cedar St, Seattle · 0 mi · 45,172 SF · built 1908 · assessed $283.96/SF
2619 5th Ave, Seattle · 0 mi · 21,840 SF · built 1929 · assessed $256.41/SF
2614 4th Ave, Seattle · 0.1 mi · 70,200 SF · built 1979
2602 4th Ave, Seattle · 0.1 mi · 22,400 SF · built 1923 · assessed $313.66/SF
420 Vine St, Seattle · 0.1 mi · 33,880 SF · built 1925 · assessed $243.51/SF

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Sale history and market context

MakeMe Estimate: $56,016,239 (estimated market value), with a likely range of $51,165,480 to $57,809,219 (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 (161 units).

Last sold: 2019-10-28 for $74,725,000 (recorded arm's-length sale).

Current ownership dates to 2019 (about 7 years) per recorded transfers.

2019-10-28: $74,725,000 from 2720 Fourth Ave LLC to Verve KS LLC +Verve Ray LLC, rec. 20191030000148

2015-10-01: $77,714,000 from 4th & Denny LLC to 2720 Fourth Avenue LLC, rec. 20151001000434

2 administrative transfers (no consideration), 2012 to 2013

2011-05-31: $3,900,000 from Fisher Broadcasting-Seattle TV LLC to HB 4th & Denny LLC C/O Paragon Real Estate, rec. 20110601001419

2002-12-18: transfer from Fisher Broadcasting Company to Fisher Broadcasting-Seattle TV LLC (non-market transfer), rec. 20021231003633

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 $3,379,700 (2011) to $60,000,000 (2026), up 1675% over 15 years, per county tax rolls. The 2026 roll splits $60,000,000 into $9,141,600 land and $50,858,400 improvements.

Zoning: DMR/R 145/65 (per King County)

Lot: 14,064 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 140,033 SF; Underground Parking Structure 55,636 SF; Retail Store 3,700 SF; Restaurant, Table Service 2,470 SF (county building sections)

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

Permit history

2024-09-06: Electrical, declared value $675 (Screened), permit 7044683-EL

2024-08-07: Electrical, declared value $6,000 (Screened), permit 7039740-EL

2024-07-25: Electrical, declared value $1,000 (Screened), permit 7037505-EL

2019-03-19: Remodel, declared value $100,000 (Complete), permit 6671963-CN

2015-11-14: Remodel, declared value $200,000 (Screened), permit 6484132

2014-10-14: Remodel, declared value $100,000 (Screened), permit 6434157

2013-06-05: Building, New, declared value $21,240,528 (Complete), permit 6285569

2013-04-16: Building, New, declared value $860,000 (Complete), permit 6315541

Source: King County permit records (newest first).