4532 42nd Ave SW, Seattle, WA 98116

Multifamily · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: mid-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 AI estimate from public imagery; may be outdated.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 5,391 reachable multifamily buildings in Seattle. Larger than 93% of multifamily buildings in Seattle (median 9,444 SF), derived from assessor records.

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Building size: 85,803 SF, King County Assessor
Lot size: 8,475 SF, King County Assessor
Year built: 2018, King County Assessor
Stories: 6, King County Assessor
Predominant use: Mixed Use Apts + Coml, King County Assessor
Units: 76, King County Assessor
Assessed value: $18,288,400, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $213.14/SF, derived from assessor records
Lot coverage: 1012%, derived from assessor records
Vintage: 2010s vintage
Zoning: NC3-75 (M), King County
County use code: Apartment(Mixed Use)
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.

4545 42nd Ave SW, Seattle · 0.1 mi · 82,876 SF · built 1979 · assessed $207.26/SF
4508 California Ave SW, Seattle · 0.1 mi · 55,907 SF · built 2023 · assessed $279.46/SF
4517 40th Ave SW, Seattle · 0.1 mi · 3,836 SF · built 1994 · assessed $301.09/SF
4505 42nd Ave SW, Seattle · 0.1 mi · 49,031 SF · built 2017 · assessed $302.18/SF
4715 42nd Ave SW, Seattle · 0.1 mi · 179,824 SF · built 2014 · assessed $179.50/SF
4700 California Ave SW, Seattle · 0.1 mi · 109,783 SF · built 2014 · assessed $188.21/SF

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Sale history and market context

MakeMe Estimate: $19,193,668 (estimated market value), with a likely range of $17,531,581 to $19,808,023 (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 $253K per unit at the midpoint (76 units).

Last sold: 1999-08-11 for $500,000 (recorded arm's-length sale).

Current ownership dates to 2017 (about 9 years) per recorded transfers.

2017-04-16: transfer from Private party to 3 M 42 LLC (non-market transfer), rec. 20170424001555

2017-01-16: $850,000 from Private party to Private party (part of a 2-parcel sale; price is the whole deal), rec. 20170117000304

2017-01-16: $850,000 from Private party to Private party (part of a 2-parcel sale; price is the whole deal), rec. 20170117000328

2015-02-20: $3,300,000 from Golden Crest LLC to Private party (part of a 2-parcel sale; price is the whole deal), rec. 20150227000954

1999-08-11: $500,000 from Private party to Golden Crest LLC, rec. 19990820001808

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 $18,236,357 (2020) to $18,288,400 (2026), up 0% over 6 years, per county tax rolls. The 2026 roll splits $18,288,400 into $0 land and $18,288,400 improvements.

Zoning: NC3-75 (M) (per King County)

Lot: 8,475 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Apartment 56,686 SF; Basement, Parking 24,348 SF; Mixed Use Office 4,769 SF (county building sections)

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

Permit history

2019-08-19: Remodel, declared value $206,250 (Complete), permit 6729210-CN

2019-06-20: Remodel, declared value $672,961 (Complete), permit 6720666-CN

2017-10-13: Building, New, declared value $11,300,442 (Complete), permit 6461659

2017-10-13: Demolition (Complete), permit 6577508

2010-02-19: Building, New (Complete), permit 3004482

2008-10-16: Demolition (Complete), permit 6197893

Source: King County permit records (newest first).