4301 Stone Way N, Seattle, WA 98103

Multifamily · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: mid-rise apartment 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 AI estimate from public imagery; may be outdated.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 5,391 reachable multifamily buildings in Seattle. Larger than 95% of multifamily buildings in Seattle (median 9,444 SF), derived from assessor records.

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Building size: 114,461 SF, King County Assessor
Lot size: 6,970 SF, King County Assessor
Year built: 2014, King County Assessor
Stories: 5, King County Assessor
Predominant use: Apartment-93 Units, King County Assessor
Units: 93, King County Assessor
Assessed value: $19,220,400, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $167.92/SF, derived from assessor records
Lot coverage: 1642%, derived from assessor records
Vintage: 2010s vintage
Zoning: NC2P-55 (M), King County
County use code: Apartment(Mixed Use)
Construction (observed): wood frame, AI estimate from public imagery
Parking (observed): structured, 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.

1201 N 44th St, Seattle · 0 mi · 7,200 SF · built 1979 · assessed $306.81/SF
4312 Woodland Park Ave N, Seattle · 0 mi · 16,223 SF · built 1989 · assessed $210.50/SF
4300 Woodland Park Ave N, Seattle · 0.1 mi · 19,450 SF · built 1961 · assessed $341.70/SF
4228 Stone Way N, Seattle · 0.1 mi · 53,281 SF · built 2001 · assessed $202.09/SF
4301 Woodland Park Ave N, Seattle · 0.1 mi · 5,022 SF · built 1984 · assessed $370.37/SF
4213 Stone Way N, Seattle · 0.1 mi · 61,227 SF · built 1989 · assessed $251.88/SF

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Sale history and market context

MakeMe Estimate: $23,602,710 (estimated market value), with a likely range of $21,558,819 to $24,358,191 (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 $254K per unit at the midpoint (93 units).

Current ownership dates to 2013 (about 13 years) per recorded transfers.

4 administrative transfers (no consideration), 2014 to 2016

2013-05-09: $27,490,650 from R D Merrill at Stone Way II LLC to Reep-MF Wallingford Wa LLC (part of a 3-parcel sale; price is the whole deal), rec. 20130509001315

2013-04-23: transfer from RD Merrill at Stone Way II LLC to RD Merrill at Stone Way II LLC (part of a 2-parcel sale; price is the whole deal), rec. 20130506001894

2007-07-06: $2,650,000 from Flock Group LLC to R D Merrill at Stone Way II LLC (part of a 2-parcel sale; price is the whole deal), rec.

2005-06-27: transfer from Private party to Flock Group LLC (part of a 2-parcel sale; price is the whole deal), rec. 20050629000808

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 $10,905,500 (2013) to $19,220,400 (2026), up 76% over 13 years, per county tax rolls. The 2026 roll splits $19,220,400 into $0 land and $19,220,400 improvements.

Zoning: NC2P-55 (M) (per King County)

Lot: 6,970 sq ft

Rated views: Territorial

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Apartment 71,380 SF; Underground Parking Structure 37,495 SF; Retail Store 3,436 SF; Bank 2,150 SF (county building sections)

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

Permit history

2024-07-26: Electrical, declared value $2,000 (Complete), permit 7037791-EL

2023-10-20: Electrical, declared value $700 (Complete), permit 6992171-EL

2023-07-17: Electrical, declared value $500 (Complete), permit 6975823-EL

2022-08-29: Remodel (Complete), permit 6916048-CN

2019-05-21: Remodel, declared value $100,000 (Complete), permit 6728666-CN

2014-10-31: Remodel, declared value $161,211 (Complete), permit 6431325

2013-11-15: Remodel, declared value $100,000 (Complete), permit 6383282

2011-11-03: Building, New, declared value $11,762,515 (Complete), permit 6197474

2011-11-03: Demolition (Complete), permit 6270598

Source: King County permit records (newest first).