One of 198 reachable multifamily buildings in Auburn. Larger than 78% of multifamily buildings in Auburn (median 13,000 SF), derived from assessor records.
Usable building area
41,615 SF, King County Assessor
Lot size
190,793 SF, King County Assessor
Year built
1997, King County Assessor
Stories
2, King County Assessor
Predominant use
40 Unit Apartment, King County Assessor
Units
40, King County Assessor
Assessed value
$9,274,000, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$222.85/SF, derived from assessor records
Usable area / lot
0.22, derived from assessor records
Vintage
1990s vintage
Zoning
R20, King County
County use code
Apartment
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
MakeMe Estimate: $9.41M (estimated market value), with a likely range of $8.38M to $10.8M (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 $235K per unit at the midpoint (40 units).
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.
Market context: Multifamily in Auburn
median verified sale $220.82/SF over the trailing 24 months; median $163,963 per unit; 3 sales in the last 12 months and 5 in 24 (newest verified sale 2025-12).
Computed from 199 verified arm's-length sales in King County public records (5 in the trailing 24 months). Free public records. Not an appraisal.
Last sold: 2015-11-30 for $5,370,000 (recorded arm's-length sale).
Ownership tenure is not asserted for this parcel: the most recent recorded transfer is a non-market conveyance.
2024-01-17: transfer from Private party to City of Auburn (non-market transfer), rec. 20240306000477
2024-01-04: $2,300 from Trimark Forest Park Village LLC +Trimark VII LLC to Puget Sound Energy INC, rec. 20240422000294
2015-11-30: $5,370,000 from HK-Auburn Properties LLC to Trimark-Forest Park Village LLC+Trimark VII LLC, rec. 20151130001128
2 administrative transfers (no consideration), 1996 to 2015
1995-11-29: $182,000 from Private party to Hatton Kuzmer Properties, rec. 199512151143
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 $3,029,000 (2011) to $9,274,000 (2026), up 206% over 15 years, per county tax rolls. The 2026 roll splits $9,274,000 into $1,717,100 land and $7,556,900 improvements.
Zoning: R20 (per King County)
Lot: 190,793 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) 41,615 SF (county building sections)