4126 12th Ave NE, Seattle, WA 98105

Commercial · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: urban residential building, 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 AI estimate from public imagery; may be outdated.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 95% of commercial buildings in Seattle (median 13,352 SF), derived from assessor records.

Own this building?

Claim privately

Claiming is for you. Your mailing address is never shown; no offer reaches you unless you opt in.

Claimed owners can confirm facts, watch the estimate, and decide whether to reply.

Claim or manage this building

Building size: 226,051 SF, King County Assessor
Lot size: 4,080 SF, King County Assessor
Year built: 2021, King County Assessor
Stories: 21, King County Assessor
Predominant use: 226-Unit Apartment Building, King County Assessor
Units: 226, King County Assessor
Assessed value: $117,738,200, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $520.85/SF, derived from assessor records
Lot coverage: 5540%, derived from assessor records
Vintage: 2020s vintage
Zoning: SM-U/R 75-240 (M1), King County
Construction (observed): masonry, AI estimate from public imagery
Parking (observed): none visible, AI estimate from public imagery

Nearby comparable buildings

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

4142 12th Ave NE, Seattle · 0.1 mi · 7,659 SF · built 1985 · assessed $408.45/SF
1218 NE Campus Pkwy, Seattle · 0.1 mi · 13,184 SF
1100 NE Campus Pkwy, Seattle · 0.1 mi · 39,380 SF
1302 NE Campus Pkwy, Seattle · 0.1 mi · 14,976 SF
4140 Roosevelt Way NE, Seattle · 0.1 mi · 50,017 SF · built 1962 · assessed $449.44/SF
4101 15th Ave NE, Seattle · 0.1 mi · 118,532 SF · built 1980

Want to talk to the owner? makeme1031 delivers a private, principal-to-principal letter to the owner of record. We never publish the owner's identity or address.

Sale history and market context

MakeMe Estimate: $108,739,085 (estimated market value), with a likely range of $92,145,275 to $132,950,661 (half of recent verified sales in this segment landed inside that range). Based on 139 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works.

Last sold: 2020-10-01 for $3,911,500 (recorded arm's-length sale).

Current ownership dates to 2025 per recorded transfers.

2025-01-03: $124,400,000 from Gedr Lakeview LLC to 4126 12th Ave NE Owner LLC (part of a 4-parcel sale; price is the whole deal), rec. 20250103000815

2020-11-03: transfer from Gedr Lakeview LLC to Seattle City of (part of a 4-parcel sale; price is the whole deal), rec. 20201106000483

2020-10-01: $3,911,500 from Private party to Gedr Lakeview LLC, rec. 20201001002219

1998-05-29: $317,000 from Private party to Private party, rec. 199806111818

1998-05-29: transfer from Private party to Private party (non-market transfer), rec. 199806111817

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 $592,000 (2011) to $117,738,200 (2026), up 19788% over 15 years, per county tax rolls. The 2026 roll splits $117,738,200 into $2,448,000 land and $115,290,200 improvements.

Zoning: SM-U/R 75-240 (M1) (per King County)

Lot: 4,080 sq ft

Rated views: Seattle skyline

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Apartment 226,051 SF (county building sections)

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

4126 12th Ave NE, Seattle, WA 98105

Claim privately

Nearby comparable buildings

Sale history and market context

Value over time

Land, site, and value history

Taxes

Permit history