3050 SW Avalon Way, Seattle, WA 98126

Commercial · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: mid-rise 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 AI estimate from public imagery; may be outdated.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 1,256 reachable commercial buildings in Seattle. Larger than 66% of commercial buildings in Seattle (median 13,352 SF), derived from assessor records.

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Building size: 31,793 SF, King County Assessor
Lot size: 7,200 SF, King County Assessor
Year built: 2018, King County Assessor
Stories: 6, King County Assessor
Predominant use: Micro Apartments, King County Assessor
Units: 104, King County Assessor
Assessed value: $13,970,000, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $439.40/SF, derived from assessor records
Lot coverage: 442%, derived from assessor records
Vintage: 2010s vintage
Zoning: MR (M), King County
Parking (observed): street only, AI estimate from public imagery
Frontage (observed): mid block, AI estimate from public imagery

Nearby comparable buildings

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

2980 SW Avalon Way, Seattle · 0.1 mi · 9,879 SF · built 2001 · assessed $235.19/SF
3268 SW Avalon Way, Seattle · 0.2 mi · 14,937 SF · built 2015 · assessed $441.86/SF
2950 SW Avalon Way, Seattle · 0.2 mi · 3,612 SF · built 1947 · assessed $431.40/SF
3026A SW Charlestown St, Seattle · 0.2 mi · 1,146 SF · built 2020 · assessed $465.10/SF
3026F SW Charlestown St, Seattle · 0.3 mi · 1,173 SF · built 2020 · assessed $465.47/SF
3026C SW Charlestown St, Seattle · 0.3 mi · 1,173 SF · built 2020 · assessed $465.47/SF

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Sale history and market context

MakeMe Estimate: $14,884,285 (estimated market value), with a likely range of $12,612,912 to $18,008,567 (half of recent verified sales in this segment landed inside that range). Based on 33 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Last sold: 2017-03-06 for $2,850,000 (recorded arm's-length sale).

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

2017-03-06: $2,850,000 from Avalon II Marcos LLC to Project S19 LLC, rec. 20170330001619

2013-08-30: $550,000 from 3050 Avalon LLC to Avalon II Micros LLC, rec. 20130909001481

2006-09-14: $455,000 from Private party to 3050 Avalon LLC (non-market transfer), rec. 20060915002540

1994-02-11: $30,000 from Aisan INC to Private party (non-market transfer), rec. 199402151017

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 $518,400 (2011) to $13,970,000 (2026), up 2595% over 15 years, per county tax rolls. The 2026 roll splits $13,970,000 into $1,440,000 land and $12,530,000 improvements.

Zoning: MR (M) (per King County)

Lot: 7,200 sq ft

Nuisance flags: Traffic noise

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Congregate Housing 31,793 SF (county building sections)

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

Permit history

2025-04-07: Other, declared value $5,000 (Screened), permit 7079402-RF

2024-07-09: Electrical, declared value $25,000 (Screened), permit 7034524-EL

2016-06-30: Building, New, declared value $4,174,279 (Complete), permit 6327295

2008-05-27: Demolition (Complete), permit 6143884

Source: King County permit records (newest first).