305 12th Ave, Seattle, WA 98122

Multifamily · Seattle · Seattle-Bellevue metro, WA

County valuation incomplete: County building evidence or valuation-model support is incomplete here, so this page shows county public facts and private owner claim tools without a MakeMe Estimate.

One of 6,731 reachable multifamily buildings in Seattle.

Building size (estimated): 2,084 SF, estimated from lot coverage
Lot size: 3,474 SF, King County Assessor
Predominant use: Apartment, King County Assessor
Assessed value: $1,476,400, per the King County Assessor (not a market appraisal)
Zoning: NC3P-75 (M), King County
County use code: Apartment

Nearby comparable buildings

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

410 11th Ave, Seattle · 0 mi · 5,432 SF · built 1981 · assessed $464.10/SF
214 10th Ave, Seattle · 0.1 mi · 2,250 SF · built 1900 · assessed $401.78/SF
1216 E Remington Ct, Seattle · 0.1 mi · 4,249 SF · built 2015 · assessed $439.87/SF
1212 E Remington Ct, Seattle · 0.1 mi · 6,856 SF · built 1908 · assessed $429.70/SF
1014 E Terrace St, Seattle · 0.1 mi · 4,602 SF · built 1907 · assessed $325.29/SF
414 10th Ave, Seattle · 0.1 mi · 6,927 SF · built 1906 · assessed $415.91/SF

Sale history and market context

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

2019-02-05: $26,850,000 from Gvest 12th & Alder LTD Ptnrshp to Decibel Apartments LLC (part of a 5-parcel sale; price is the whole deal), rec. 20190213000728

2015-03-16: transfer from Mckinstry Jake -VP of Gvest 12th &Alder LP to City of Seattle (part of a 3-parcel sale; price is the whole deal), rec. 20150316000722

2014-09-29: $1,700,000 from Private party to Gvest 12th & Alder LP (part of a 3-parcel sale; price is the whole deal), rec. 20140930000298

2014-09-29: transfer from Private party to Gvest 12th & Alder Limited Partnership (part of a 3-parcel sale; price is the whole deal), rec. 20150313000993

1989-04-26: $130,000 from Private party to Private party (part of a 3-parcel sale; price is the whole deal), rec. 198905010003

Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.

Land, site, and value history

Assessed value moved from $478,900 (2011) to $1,476,400 (2026), up 208% over 15 years, per county tax rolls. The 2026 roll splits $1,476,400 into $1,476,400 land and $0 improvements.

Zoning: NC3P-75 (M) (per King County)

Lot: 3,474 sq ft

Nuisance flags: Traffic noise

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

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

305 12th Ave, Seattle, WA 98122

Nearby comparable buildings

Claim privately

Sale history and market context

Value over time

Land, site, and value history

Taxes