5031 University Way NE, Seattle, WA 98105

Commercial · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: mid-rise office, 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 AI estimate from public imagery; may be outdated.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 76% of commercial buildings in Seattle (median 13,352 SF), derived from assessor records.

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Building size: 55,653 SF, King County Assessor
Lot size: 79,640 SF, King County Assessor
Year built: 1928, King County Assessor
Stories: 2, King County Assessor
Predominant use: Community Center, King County Assessor
Assessed value: $19,937,000, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $358.24/SF, derived from assessor records
Lot coverage: 70%, derived from assessor records
Vintage: pre-war vintage
Zoning: NC3-75 (M1), King County
County use code: School(Public)
Construction (observed): wood frame, AI estimate from public imagery
Parking (observed): surface lot, AI estimate from public imagery

Nearby comparable buildings

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

5256B 11th Ave NE, Seattle · 0.1 mi · 2,120 SF · built 2004 · assessed $391.51/SF
5336A Roosevelt Way NE, Seattle · 0.1 mi · 1,653 SF · built 2020 · assessed $464.31/SF
5010 15th Ave NE, Seattle · 0.1 mi · 8,772 SF · built 1936 · assessed $303.53/SF
5225 15th Ave NE, Seattle · 0.1 mi · 11,502 SF · built 1906 · assessed $406.08/SF
5256A 11th Ave NE, Seattle · 0.1 mi · 2,120 SF · built 2004 · assessed $391.51/SF
1050 NE 50th St, Seattle · 0.1 mi · 27,908 SF · built 1929

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Sale history and market context

MakeMe Estimate: $20,442,722 (estimated market value), with a likely range of $17,323,120 to $24,994,448 (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.

Current ownership dates to 2009 (about 17 years) per recorded transfers.

3 administrative transfers (no consideration), 2001 to 2009

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 $10,036,200 (2011) to $19,937,000 (2026), up 99% over 15 years, per county tax rolls. The 2026 roll splits $19,937,000 into $17,520,800 land and $2,416,200 improvements.

Zoning: NC3-75 (M1) (per King County)

Lot: 79,640 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Community Center 55,653 SF (county building sections)

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

Permit history

2025-05-07: Remodel, declared value $1,500,000 (Revisit), permit 7022005-CN

2021-10-19: Remodel, declared value $355,000 (Screened), permit 6748741-CN

2017-08-27: Remodel, declared value $750,000 (Screened), permit 6592382

2016-01-12: Remodel, declared value $200,000 (Complete), permit 6460432

Source: King County permit records (newest first).