Multifamily · Carnation · Seattle-Bellevue metro, WA
One of 14 reachable multifamily buildings in Carnation. Larger than 14% of multifamily buildings in Carnation (median 3,936 SF), derived from assessor records.
Usable building area
3,000 SF, King County Assessor
Lot size
12,500 SF, King County Assessor
Year built
1968, King County Assessor
Stories
1, King County Assessor
Predominant use
4-Plex, King County Assessor
Units
4, King County Assessor
Assessed value
$740,000, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$246.67/SF, derived from assessor records
Usable area / lot
0.24, derived from assessor records
Vintage
1960s vintage
Zoning
R24, King County
County use code
4-Plex
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
MakeMe Estimate: $916K (estimated market value), with a likely range of $816K to $1.05M (half of recent verified sales in this segment landed inside that range). Based on 8 verified arm's-length comparable sales (through 2026-06-01). Not an appraisal. How this estimate works. About $229K per unit at the midpoint (4 units).
lower confidence: 1 comparable sale within 3 miles; nearest 0.4 mi. Recent sale check: this building sold for $625,000 in 2023; the estimate is about 47% apart. Treat the recorded trade as strong evidence alongside the model. Comparable-sale caveat: the estimate is 28% below the $421.59/SF median of the shown comparable sales.
Recorded arm's-length sales of similar buildings nearby; nearer and more recent sales rank first. Buyer and seller names are withheld. Get this data via API.
Last sold: 2023-08-23 for $625,000 (recorded arm's-length sale).
Ownership tenure is not asserted for this parcel: the most recent recorded transfer is a non-market conveyance.
2023-12-20: transfer from Private party to Rutherford 4 LLC (non-market transfer), rec. 20240124000300
2023-08-23: $625,000 from Private party to Private party, rec. 20230824000762
2003-04-03: transfer from Aspencrest Carnation LP to Aspencrest Magnolia LLC (non-market transfer), rec. 20030408001077
2001-12-17: $262,600 from Private party to Private party, rec. 20011218000476
1995-04-11: transfer from Private party to Private party (non-market transfer), rec. 199504251028
Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.
Value over time
Dark line: county assessed value per King County tax rolls. Blue line: our estimate; dashed years are a modeled backcast built from recorded arm's-length sales in the building's segment, not estimates published at the time, and years without enough sales stay unmodeled. The shaded range is the model's measured error band; about half of verified sales in the segment land inside it. Diamonds: recorded arm's-length sales. Not an appraisal. How this estimate works.
Land, site, and value history
Assessed value moved from $326,000 (2011) to $740,000 (2026), up 127% over 15 years, per county tax rolls. The 2026 roll splits $740,000 into $247,000 land and $493,000 improvements.
Zoning: R24 (per King County)
Lot: 12,500 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Multiple Residence (Low Rise) 3,000 SF (county building sections)