300 1st Ave W, Seattle, WA 98119

Multifamily · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: mid-rise residential, 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 AI estimate from public imagery; may be outdated.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 97% of multifamily buildings in Seattle (median 9,444 SF), derived from assessor records.

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Building size: 185,048 SF, King County Assessor
Lot size: 14,160 SF, King County Assessor
Year built: 2016, King County Assessor
Stories: 7, King County Assessor
Predominant use: Apartments & Live/Work Units, King County Assessor
Units: 143, King County Assessor
Assessed value: $52,013,000, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $281.08/SF, derived from assessor records
Lot coverage: 1307%, derived from assessor records
Vintage: 2010s vintage
Zoning: SM-UP 85 (M), King County
County use code: Apartment
Construction (observed): wood frame, 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.

307 Queen Anne Ave N, Seattle · 0 mi · 17,076 SF · built 1925 · assessed $302/SF
301 Queen Anne Ave N, Seattle · 0 mi · 36,194 SF · built 2016 · assessed $443.06/SF
19 W Thomas St, Seattle · 0 mi · 19,506 SF · built 1911 · assessed $284.37/SF
229 Queen Anne Ave N, Seattle · 0 mi · 101,192 SF · built 2004 · assessed $226.31/SF
315 1st Ave W, Seattle · 0 mi · 80,592 SF · built 2001 · assessed $246.92/SF
350 1st Ave W, Seattle · 0 mi · 96,529 SF · built 2017 · assessed $184.78/SF

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Sale history and market context

MakeMe Estimate: $49,341,700 (estimated market value), with a likely range of $45,068,927 to $50,921,040 (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 $345K per unit at the midpoint (143 units).

Current ownership dates to 2024 (about 2 years) per recorded transfers.

2024-09-03: $75,750,000 from GDCV Lower Queen Anne LLC to Columbia Queen Anne LLC (part of a 4-parcel sale; price is the whole deal), rec. 20240905000664

2016-03-14: transfer from GDCV Lower Queen Anne LLC to Seattle City of (part of a 3-parcel sale; price is the whole deal), rec. 20160316000605

2015-10-23: $11,031,250 from Private party to GDCV Lower Queen Anne LLC (part of a 3-parcel sale; price is the whole deal), rec. 20151023000749

1993-12-10: $1,349,000 from First & Thomas Associates to Private party (part of a 2-parcel sale; price is the whole deal), rec. 199312131797

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 $2,448,000 (2011) to $52,013,000 (2026), up 2025% over 15 years, per county tax rolls. The 2026 roll splits $52,013,000 into $7,788,000 land and $44,225,000 improvements.

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

Lot: 14,160 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Apartment 129,710 SF; Underground Parking Structure 55,338 SF (county building sections)

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

Permit history

2025-10-10: Electrical, declared value $2,080, permit 7111161-EL

2025-05-28: Other, declared value $1,200 (Screened), permit 7087620-RF

2016-04-19: Building, New, declared value $22,729,052 (Complete), permit 6459639

2016-02-24: Building, New, declared value $550,000 (Complete), permit 6457977

2015-12-24: Demolition (Complete), permit 6458114

Source: King County permit records (newest first).