3000 SE Royal Hills Dr, Renton, WA 98058

Multifamily · Renton · Seattle-Bellevue metro, WA

Imagery suggests: garden apartments, 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 AI estimate from public imagery; may be outdated.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 302 reachable multifamily buildings in Renton. Larger than 96% of multifamily buildings in Renton (median 6,852 SF), derived from assessor records.

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Building size: 238,816 SF, King County Assessor
Lot size: 598,256 SF, King County Assessor
Year built: 1969, King County Assessor
Stories: 2, King County Assessor
Predominant use: Royal Hills Apts, King County Assessor
Units: 284, King County Assessor
Assessed value: $56,722,500, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $237.52/SF, derived from assessor records
Lot coverage: 40%, derived from assessor records
Vintage: 1960s vintage
Zoning: RM-F, King County
County use code: Apartment
Parking (observed): surface lot, AI estimate from public imagery
Frontage (observed): interior, AI estimate from public imagery

Nearby comparable buildings

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

4012 Maple Valley Hwy, Renton · 0.7 mi · 3,410 SF · built 1956 · assessed $190.70/SF
2205 Maple Valley Hwy, Renton · 0.8 mi · 110,583 SF · built 1960 · assessed $299.64/SF
15205 140th Way SE, Renton · 0.9 mi · 155,502 SF · built 2001 · assessed $277.22/SF
1200 Grant Ave S, Renton · 1 mi · 230,880 SF · built 1984 · assessed $254.91/SF
1455 S Puget Dr, Renton · 1 mi · 102,894 SF · built 1983 · assessed $280.69/SF
1524 S Puget Dr, Renton · 1.1 mi · 5,316 SF · built 1998 · assessed $194.70/SF

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Sale history and market context

MakeMe Estimate: $57,339,728 (estimated market value), with a likely range of $52,374,361 to $59,175,071 (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 $202K per unit at the midpoint (284 units).

Last sold: 2017-05-01 for $47,499,360 (recorded arm's-length sale).

Current ownership dates to 2017 (about 9 years) per recorded transfers.

2017-05-01: $47,499,360 from Royal Hills Preservation LP to Renton Preservation LP, rec. 20170517000743

2000-11-30: $14,990,000 from Royal Hills Associates LLC to Private party, rec. 20001130001080

1998-12-24: transfer from Royal Hills Associates Et Al to Royal Hills Associates LLC (non-market transfer), rec. 199812302746

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 $29,958,800 (2018) to $56,722,500 (2026), up 89% over 8 years, per county tax rolls. The 2026 roll splits $56,722,500 into $10,125,500 land and $46,597,000 improvements.

Zoning: RM-F (per King County)

Lot: 598,256 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Floor and use mix: Multiple Residence (Low Rise) 232,272 SF; Clubhouse 3,272 SF (county building sections)

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

Permit history

2025-11-18: Electrical, declared value $750, permit E25005691

2018-08-30: Remodel, declared value $9,400 (Complete), permit B18004021

2018-07-17: Remodel, declared value $45,000 (Complete), permit B18003301

2018-06-07: Electrical, declared value $800 (Complete), permit E18003072

2018-06-07: Electrical, declared value $800 (Complete), permit E18003073

2018-05-31: Remodel, declared value $51,000 (Complete), permit B18002686

2018-05-31: Remodel, declared value $41,000 (Complete), permit B18002690

2018-05-31: Remodel, declared value $40,000 (Complete), permit B18002692

2018-05-31: Remodel, declared value $34,000 (Complete), permit B18002689

2018-05-31: Remodel, declared value $24,000 (Complete), permit B18002691

Source: King County permit records (newest first).