8602 16th Ave S, Seattle, WA 98108

Multifamily · Seattle · Seattle-Bellevue metro, WA

One of 5,391 reachable multifamily buildings in Seattle. Larger than 26% of multifamily buildings in Seattle (median 9,444 SF), derived from assessor records.

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Building size: 5,370 SF, King County Assessor
Lot size: 12,000 SF, King County Assessor
Year built: 1957, King County Assessor
Stories: 1, King County Assessor
Predominant use: Apartments, King County Assessor
Units: 13, King County Assessor
Assessed value: $1,801,000, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $335.38/SF, derived from assessor records
Lot coverage: 45%, derived from assessor records
Vintage: 1950s vintage
Zoning: NC3-55 (M), King County
County use code: Apartment
Construction (observed): masonry, AI estimate from public imagery
Parking (observed): surface lot, 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.

1430 S Donovan St, Seattle · 0 mi · 3,215 SF · built 1952 · assessed $252.57/SF
8616 14th Ave S, Seattle · 0.1 mi · 5,120 SF · built 1918 · assessed $133.59/SF
1412 S Concord St, Seattle · 0.2 mi · 4,080 SF · built 1963 · assessed $242.16/SF
8805 14th Ave S, Seattle · 0.2 mi · 5,140 SF · built 1959 · assessed $273.15/SF
1411 S Concord St, Seattle · 0.2 mi · 4,200 SF · built 1959 · assessed $294.29/SF
1201 S Cloverdale St, Seattle · 0.2 mi · 11,340 SF · built 1957 · assessed $345.41/SF

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Sale history and market context

MakeMe Estimate: $1,971,985 (estimated market value), with a likely range of $1,750,506 to $2,249,486 (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 $152K per unit at the midpoint (13 units).

Last sold: 2017-01-03 for $625,000 (recorded arm's-length sale).

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

2017-01-03: $625,000 from Tle LLC to Private party, rec. 20170103000503

2013-10-24: $473,200 from Private party to Tle LLC, rec. 20131104001595

1998-08-31: transfer from Private party to Private party (non-market transfer), rec. 000000000000

1998-08-13: $392,600 from Mercury Management Group INC to Private party, rec. 000000000000

1996-02-23: transfer from Private party to Mercury Management GRP INC (non-market transfer), rec. 199602291057

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 $594,000 (2011) to $1,801,000 (2026), up 203% over 15 years, per county tax rolls. The 2026 roll splits $1,801,000 into $660,000 land and $1,141,000 improvements.

Zoning: NC3-55 (M) (per King County)

Lot: 12,000 sq ft

Nuisance flags: Airport noise

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Floor and use mix: Multiple Residence (Low Rise) 5,370 SF (county building sections)

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