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King County Department of Assessments

Fair, Equitable, and Understandable Property Valuations

Department of Assessments

500 Fourth Avenue,
Suite ADM-AS-0708,
Seattle, WA 98104

Office Hours:
Mon - Fri
8:30 a.m. to 4:30 p.m.

TEL: 206-296-7300
FAX: 206-296-5107
TTY: 206-296-7888

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PARCEL DATA
Parcel766620-6460
NameWSA PROPERTIES IV LLC
Site Address1548 1ST AVE S 98134
Geo Area 35-10
Spec Area
Property NameWAREHOUSE
JurisdictionSEATTLE
Levy Code0010
Property Type C
Plat Block / Building Number321
Plat Lot / Unit Number9-10
Quarter-Section-Township-Range NE-7 -24-4
Legal Description
SEATTLE TIDE LDS ALL LOT 9 TGW NORTH 8.26 FT OF LOT 10
PLat Block: 321
Plat Lot: 9-10


LAND DATA
 
Highest & Best Use As If VacantMIXED USE
Highest & Best Use As ImprovedTEAR DOWN
Present UseWarehouse
Land SqFt10,239
Acres0.24
Percentage Unusable 
UnbuildableNO
Restrictive Size ShapeNO
ZoningIC-85
WaterWATER DISTRICT
Sewer/SepticPUBLIC
Road AccessPUBLIC
ParkingADEQUATE
Street Surface
Views Waterfront
Rainier
Territorial
Olympics
Cascades
Seattle Skyline
Puget Sound
Lake Washington
Lake Sammamish
Lake/River/Creek
Other View
Waterfront Location
Waterfront Footage0
Lot Depth Factor0
Waterfront Bank
Tide/Shore
Waterfront Restricted Access
Waterfront Access RightsNO
Poor QualityNO
Proximity InfluenceNO
Designations Nuisances
Historic Site
Current Use(none)
Nbr Bldg Sites 
Adjacent to Golf FairwayNO
Adjacent to GreenbeltNO
Other DesignationNO
Deed RestrictionsNO
Development Rights PurchasedNO
EasementsNO
Native Growth Protection EasementNO
DNR LeaseNO
 
Topography
Traffic Noise
Airport Noise 
Power LinesNO
Other NuisancesNO
Problems
Water ProblemsNO
Transportation ConcurrencyNO
Other ProblemsNO
Environmental
EnvironmentalNO

BUILDING
Building Number1
Building DescriptionWAREHOUSE
Number Of Buildings Aggregated1
Predominant UseINDUSTRIAL LIGHT MANUFACTURING (494)
ShapeLong Rect or Irreg
Construction ClassREINFORCED CONCRETE
Building QualityAVERAGE
Stories1
Building Gross Sq Ft12,550
Building Net Sq Ft12,550
Year Built1970
Eff. Year1985
Percentage Complete100
Heating SystemSPACE HEATERS
Sprinklers 
Elevators 
Click the camera to see more pictures.
Picture of Building 1
Current Picture
Section(s) Of Building Number: 1
Section NumberSection UseDescriptionStoriesHeightFloor NumberGross Sq FtNet Sq Ft
1 STORAGE WAREHOUSE (406) 120 10,05010,050
Section Feature(s) Of Section Number: 1
Feature TypeGross Sq FtNet Sq Ft
MEZZANINES-STORAGE (763)2,5002,500

 





TAX ROLL HISTORY

AccountValued YearTax YearOmit YearLevy CodeAppraised Land Value ($)Appraised Imps Value ($)Appraised Total Value ($)New Dollars ($)Taxable Land Value ($)Taxable Imps Value ($)Taxable Total Value ($)Tax Value Reason
76662064600620172018 00101,843,0001,0001,844,00001,843,0001,0001,844,000
76662064600620162017 00101,843,0001,0001,844,00001,843,0001,0001,844,000
76662064600620152016 00101,843,0001,0001,844,00001,843,0001,0001,844,000
76662064600620142015 00101,843,0001,0001,844,00001,843,0001,0001,844,000
76662064600620132014 00101,638,2001,0001,639,20001,638,2001,0001,639,200
76662064600620122013 00101,638,2001,0001,639,20001,638,2001,0001,639,200
76662064600620112012 00101,484,6001,0001,485,60001,484,6001,0001,485,600
76662064600620102011 00101,484,6001,0001,485,60001,484,6001,0001,485,600
76662064600620092010 00101,484,6001,0001,485,60001,484,6001,0001,485,600
76662064600620082009 00101,484,6001,0001,485,60001,484,6001,0001,485,600
76662064600620072008 0010614,300368,600982,9000614,300368,600982,900
76662064600620062007 0010511,900343,600855,5000511,900343,600855,500
76662064600620052006 0010409,500366,200775,7000409,500366,200775,700
76662064600620042005 0010307,100377,400684,5000307,100377,400684,500
76662064600620032004 0010307,100377,400684,5000307,100377,400684,500
76662064600620022003 0010306,000378,000684,0000306,000378,000684,000
76662064600620012002 0010306,000378,000684,0000306,000378,000684,000
76662064600620002001 0010255,000307,500562,5000255,000307,500562,500
76662064600619992000 0010153,000409,500562,500409,500153,000409,500562,500
76662064600619981999 0010153,000294,700447,7000153,000294,700447,700
76662064600619971998 00100000132,600315,100447,700
76662064600619961997 00100000132,600315,100447,700
76662064600619941995 00100000132,600264,400397,000
76662064600619921993 00100000132,600245,400378,000
76662064600619901991 00100000122,400211,200333,600
76662064600619891990 00100000122,400211,200333,600
76662064600619881989 00100000122,400170,600293,000
76662064600619861987 00100000122,400142,600265,000
76662064600619841985 00100000122,400142,600265,000

SALES HISTORY

Excise NumberRecording NumberDocument DateSale PriceSeller NameBuyer NameInstrumentSale Reason
2546720 20120601001508 5/31/2012 $9,450,000.00FALCONBRIDGE ENTERPRISES INCWSA PROPERTIES IV LLCStatutory Warranty DeedNone
1864218 20020124001640 1/17/2002 $1,975,000.00FBC PROPERTIES LLC FALCONBRIDGE ENTERPRISES INCStatutory Warranty DeedNone
1730571 20000104001383 12/14/1999 $0.00BERG PROPERTIES LLC FBC PROPERTIES LLC Quit Claim DeedOther
1460764 199512140321 12/11/1995 $0.00BERG INVESTMENT COMPANYBERG PROPERTIES LLCWarranty DeedOther

REVIEW HISTORY

Tax YearReview NumberReview TypeAppealed ValueHearing DateSettlement ValueDecisionStatus
20111004040Local Appeal$1,485,6001/1/1900$0 Completed
201075025State Appeal$1,485,6001/1/1900$0 Completed
20100901602Local Appeal$1,485,6001/1/1900$1,485,600SUSTAINCompleted
200971448State Appeal$1,485,60012/22/2010$1,485,600SUSTAINCompleted
20090806380Local Appeal$1,485,6001/1/1900$1,485,600SUSTAINCompleted

PERMIT HISTORY

Permit NumberPermit DescriptionTypeIssue DatePermit ValueIssuing JurisdictionReviewed Date
6410377 Change of use from office/warehouse to indoor participant sports/offices and construct tenant improvement to commercial building, occupy per plan., Remodel4/30/2014$150,000SEATTLE7/28/2014
Remodel5/2/1996$137,919  

HOME IMPROVEMENT EXEMPTION