4453 Stone Way N, Seattle, WA 98103

Multifamily · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: mid-rise mixed-use, 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 AI estimate from public imagery; may be outdated.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 83% of multifamily buildings in Seattle (median 9,444 SF), derived from assessor records.

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Building size: 36,411 SF, King County Assessor
Lot size: 11,500 SF, King County Assessor
Year built: 2021, King County Assessor
Stories: 4, King County Assessor
Predominant use: 42-Unit With Commercial, King County Assessor
Units: 42, King County Assessor
Assessed value: $9,461,500, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $259.85/SF, derived from assessor records
Lot coverage: 317%, derived from assessor records
Vintage: 2020s vintage
Zoning: NC2P-55 (M), King County
County use code: Apartment
Construction (observed): wood frame, 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.

4451 Midvale Ave N, Seattle · 0 mi · 9,440 SF · built 1966 · assessed $284.43/SF
1240 N Midvale Pl, Seattle · 0.1 mi · 16,049 SF · built 2016 · assessed $214.54/SF
4455 Interlake Ave N, Seattle · 0.1 mi · 175,864 SF · built 2015 · assessed $233.92/SF
1220 N 45th St, Seattle · 0.1 mi · 79,090 SF · built 2007 · assessed $215.43/SF
4460 Woodland Park Ave N, Seattle · 0.1 mi · 9,120 SF · built 1960 · assessed $329.17/SF
1318 N 45th St, Seattle · 0.1 mi · 3,576 SF · built 1997 · assessed $383.67/SF

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Sale history and market context

MakeMe Estimate: $9,534,363 (estimated market value), with a likely range of $8,463,533 to $10,876,056 (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 $227K per unit at the midpoint (42 units).

Last sold: 2020-01-30 for $3,900,000 (recorded arm's-length sale).

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

2 administrative transfers (no consideration), 2020 to 2020

2020-01-30: $3,900,000 from Stone N Allen LLC to Zhonghuan Investment USA LLC, rec. 20200203001185

2016-12-23: $2,210,000 from Private party to Stone N Allen LLC, rec. 20161223000606

3 administrative transfers (no consideration), 1995 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 $9,675,011 (2023) to $9,461,500 (2026), down 2% over 3 years, per county tax rolls. The 2026 roll splits $9,461,500 into $0 land and $9,461,500 improvements.

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

Lot: 11,500 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Apartment 26,811 SF; Underground Parking Structure 7,000 SF; Retail Store 2,600 SF (county building sections)

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

Permit history

2024-12-17: Electrical, declared value $400 (Screened), permit 7061452-EL

2024-12-12: Electrical, declared value $3,000 (Screened), permit 7060637-EL

2024-12-09: Electrical, declared value $1,535 (Screened), permit 7060126-EL

2024-10-23: Electrical, declared value $35,000 (Screened), permit 7052898-EL

2024-08-21: Remodel, declared value $397,759 (Screened), permit 7000835-CN

2024-05-15: Electrical, declared value $9,000 (Screened), permit 7025321-EL

2024-01-08: Electrical, declared value $15,000 (Screened), permit 7003609-EL

2023-10-30: Electrical, declared value $5,250 (Complete), permit 6993608-EL

2023-10-30: Other, declared value $4,800 (Complete), permit 6993613-RF

2020-08-11: Building, New, declared value $4,220,910 (Complete), permit 6578093-CN

Source: King County permit records (newest first).