412 NE 165th St, Shoreline, WA 98155

Multifamily · Shoreline · Seattle-Bellevue metro, WA

Imagery suggests: low-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 AI estimate from public imagery; may be outdated.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 176 reachable multifamily buildings in Shoreline. Larger than 70% of multifamily buildings in Shoreline (median 12,567 SF), derived from assessor records.

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Building size: 30,904 SF, King County Assessor
Lot size: 41,923 SF, King County Assessor
Year built: 1985, King County Assessor
Stories: 3, King County Assessor
Predominant use: Ridgecrest Apts, King County Assessor
Units: 36, King County Assessor
Assessed value: $7,580,000, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $245.28/SF, derived from assessor records
Lot coverage: 74%, derived from assessor records
Vintage: 1980s vintage
Zoning: CB, King County
County use code: Apartment
Construction (observed): wood frame, AI estimate from public imagery
Parking (observed): surface lot, 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.

16541 5th Ave NE, Shoreline · 0 mi · 9,357 SF · built 1976 · assessed $205.51/SF
604 NE 165th St, Shoreline · 0.1 mi · 42,824 SF · built 1968 · assessed $224.06/SF
1507 NE 169th St, Shoreline · 0.6 mi · 10,226 SF · built 1968 · assessed $227.56/SF
17120 15th Ave NE, Shoreline · 0.6 mi · 38,089 SF · built 1988 · assessed $222.32/SF
1510 NE 170th St, Shoreline · 0.6 mi · 3,168 SF · built 1963 · assessed $313.13/SF
17233 15th Ave NE, Shoreline · 0.6 mi · 316,850 SF · built 2018 · assessed $211.35/SF

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Sale history and market context

MakeMe Estimate: $7,721,803 (estimated market value), with a likely range of $6,854,547 to $8,808,430 (half of recent verified sales in this segment landed inside that range). Based on 667 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works. About $214K per unit at the midpoint (36 units).

Last sold: 2004-04-28 for $2,400,000 (recorded arm's-length sale).

Current ownership dates to 2020 (about 6 years) per recorded transfers.

2020-02-14: transfer from Private party to Lakeside Northwest One LLC (non-market transfer), rec. 20200312000472

2004-04-28: $2,400,000 from Great Pacific Associates to Private party, rec. 20040429002452

1990-06-27: $1,417,000 from Private party to Great Pacific Associates, rec. 199007241040

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 $2,952,000 (2011) to $7,580,000 (2026), up 157% over 15 years, per county tax rolls. The 2026 roll splits $7,580,000 into $2,724,900 land and $4,855,100 improvements.

Zoning: CB (per King County)

Lot: 41,923 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Floor and use mix: Multiple Residence (Low Rise) 30,904 SF (county building sections)

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