320 N 85th St, Seattle, WA 98103

Multifamily · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: mid-rise mixed-use 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 AI estimate from public imagery; may be outdated.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 98% of multifamily buildings in Seattle (median 9,444 SF), derived from assessor records.

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Building size: 231,528 SF, King County Assessor
Lot size: 44,901 SF, King County Assessor
Year built: 2020, King County Assessor
Stories: 6, King County Assessor
Predominant use: Edge Point Apartment, King County Assessor
Units: 203, King County Assessor
Assessed value: $52,167,800, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $225.32/SF, derived from assessor records
Lot coverage: 516%, derived from assessor records
Vintage: 2020s vintage
Zoning: NC2-65 (M1), King County
County use code: Apartment(Mixed Use)
Construction (observed): steel glass, AI estimate from public imagery
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.

8518 Phinney Ave N, Seattle · 0 mi · 7,636 SF · built 1960 · assessed $352.41/SF
8524 Phinney Ave N, Seattle · 0 mi · 9,651 SF · built 1969 · assessed $298.62/SF
8532 Phinney Ave N, Seattle · 0 mi · 12,079 SF · built 1968 · assessed $249.77/SF
8537 Greenwood Ave N, Seattle · 0.1 mi · 13,100 SF · built 1926 · assessed $217.16/SF
8544 Phinney Ave N, Seattle · 0.1 mi · 7,320 SF · built 1969 · assessed $279.92/SF
401 N 87th St, Seattle · 0.1 mi · 9,120 SF · built 1967 · assessed $231.14/SF

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Sale history and market context

MakeMe Estimate: $58,838,939 (estimated market value), with a likely range of $53,743,747 to $60,722,268 (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 $290K per unit at the midpoint (203 units).

Last sold: 2018-05-18 for $11,550,000 (recorded arm's-length sale).

Current ownership dates to 2018 (about 8 years) per recorded transfers.

2 administrative transfers (no consideration), 2019 to 2020

2019-02-15: $210,000 from Private party to SP Greenwood Multifamily LP (part of a 4-parcel sale; price is the whole deal), rec. 20190215001155

2018-05-18: $11,550,000 from Columbia Trust CO to SP Acqusition LLC, rec. 20180518001208

8 administrative transfers (no consideration), 1997 to 2012

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 $55,915,462 (2023) to $52,167,800 (2026), down 7% over 3 years, per county tax rolls. The 2026 roll splits $52,167,800 into $0 land and $52,167,800 improvements.

Zoning: NC2-65 (M1) (per King County)

Lot: 44,901 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Apartment 181,363 SF; Underground Parking Structure 45,472 SF; Retail Store 4,693 SF (county building sections)

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

Permit history

2024-04-16: Electrical, declared value $154 (Screened), permit 7020248-EL

2024-03-21: Electrical, declared value $10,500 (Screened), permit 7015610-EL

2023-11-03: Other, declared value $1,500 (Screened), permit 6994619-RF

2023-11-03: Electrical, declared value $500 (Screened), permit 6994616-EL

2023-09-05: Remodel, declared value $299,737 (Screened), permit 6960474-CN

2019-10-31: Remodel, declared value $760,000 (Screened), permit 6674296-CN

2019-10-29: Demolition, declared value $1,000 (Complete), permit 6682852-DM

Source: King County permit records (newest first).