King County Department of Assessments

Setting values, serving the community, and promoting fairness and equity.

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Department of Assessments

201 South Jackson Street, Room 708
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

PARCEL DATA

Parcel	092504-9425
Name	UNIVERSITY VILLAGE LMTD PTS
Site Address	2651 NE 49TH ST 98105
Geo Area	17-70
Spec Area	250-642
Property Name	UNIVERSITY VILLAGE - APPLE RETAIL BUILDING

Jurisdiction	SEATTLE
Levy Code	0010
Property Type	C
Plat Block / Building Number
Plat Lot / Unit Number
Quarter-Section-Township-Range	SE-9 -25-4

Legal Description

PCL T SEATTLE BLA #3017503 REC # 20151013900028 WHICH SUPERCEDES REC #20150724900001 SD BLA BEING POR W 1/2 OF SE 1/4 09-25-04
PLat Block:
Plat Lot:

LAND DATA

Highest & Best Use As If Vacant	RETAIL/WHOLESALE
Highest & Best Use As Improved	PRESENT USE
Present Use	Shopping Ctr(Community)
Land SqFt	43,996
Acres	1.01

Percentage Unusable
Restrictive Size Shape	NO
Zoning	C1-75 (M)
Water	WATER DISTRICT
Sewer/Septic	PUBLIC
Road Access	PUBLIC
Parking	ADEQUATE
Street Surface	PAVED

Views

Waterfront

Rainier
Territorial
Olympics
Cascades
Seattle Skyline
Puget Sound
Lake Washington
Lake Sammamish
Lake/River/Creek
Other View

Waterfront Location
Waterfront Footage	0
Lot Depth Factor	0
Waterfront Bank
Tide/Shore
Waterfront Restricted Access
Waterfront Access Rights	NO
Poor Quality	NO
Proximity Influence	NO

Designations

Nuisances

Historic Site
Current Use	(none)
Nbr Bldg Sites
Adjacent to Golf Fairway	NO
Adjacent to Greenbelt	NO
Other Designation	NO
Deed Restrictions	NO
Development Rights Purchased	NO
Easements	NO
Native Growth Protection Easement	NO
DNR Lease	NO

Topography
Traffic Noise
Airport Noise
Power Lines	NO
Other Nuisances	NO

Problems

Water Problems	NO
Transportation Concurrency	NO
Other Problems	NO

Environmental

BUILDING

Building Number	1
Building Description	APPLE RETAIL BLDG.
Number Of Buildings Aggregated	1
Predominant Use	RETAIL STORE (353)
Shape	Rect or Slight Irreg
Construction Class	REINFORCED CONCRETE
Building Quality	GOOD/EXCELLENT
Stories	1
Building Gross Sq Ft	15,705
Building Net Sq Ft	15,705
Year Built	2017
Eff. Year	2017
Percentage Complete	100
Heating System	COMPLETE HVAC
Sprinklers	Yes
Elevators	No

Picture of Building 1
Current Picture

Section(s) Of Building Number: 1

Section Number	Section Use	Description	Stories	Height	Floor Number	Gross Sq Ft	Net Sq Ft
3	RETAIL STORE (353)		1	14	1	11,565	11,565
1	BASEMENT, OFFICE (705)		1	10	B	4,140	4,140

TAX ROLL HISTORY

Account	Valued Year	Tax Year	Levy Code	Appraised Land Value ($)	Appraised Imps Value ($)	Appraised Total Value ($)	New Dollars ($)	Taxable Land Value ($)	Taxable Imps Value ($)	Taxable Total Value ($)
092504942506	2022	2023	0010	11,878,900	1,855,700	13,734,600	0	11,878,900	1,855,700	13,734,600
092504942506	2021	2022	0010	12,186,800	1,000	12,187,800	0	12,186,800	1,000	12,187,800
092504942506	2020	2021	0010	10,559,000	354,500	10,913,500	0	10,559,000	354,500	10,913,500
092504942506	2019	2020	0010	8,799,200	1,495,400	10,294,600	0	8,799,200	1,495,400	10,294,600
092504942506	2018	2019	0010	8,359,200	1,148,000	9,507,200	1,148,000	8,359,200	1,148,000	9,507,200
092504942506	2017	2018	0010	8,359,200	0	8,359,200	0	8,359,200	0	8,359,200
092504942506	2016	2017	0010	7,039,300	0	7,039,300	0	7,039,300	0	7,039,300
092504942506	2015	2016	0010	6,379,700	0	6,379,700	0	6,379,700	0	6,379,700
092504942506	2014	2015	0010	9,545,300	10,122,600	19,667,900	0	9,545,300	10,122,600	19,667,900
092504942506	2013	2014	0010	8,715,300	8,397,300	17,112,600	0	8,715,300	8,397,300	17,112,600
092504942506	2012	2013	0010	8,715,300	8,121,800	16,837,100	0	8,715,300	8,121,800	16,837,100
092504942506	2011	2012	0010	8,715,300	7,132,700	15,848,000	0	8,715,300	7,132,700	15,848,000
092504942506	2010	2011	0010	8,715,300	6,118,000	14,833,300	0	8,715,300	6,118,000	14,833,300
092504942506	2009	2010	0010	8,715,300	7,841,800	16,557,100	0	8,715,300	7,841,800	16,557,100
092504942506	2008	2009	0010	7,885,200	10,383,800	18,269,000	0	7,885,200	10,383,800	18,269,000
092504942506	2007	2008	0010	6,225,200	11,797,400	18,022,600	0	6,225,200	11,797,400	18,022,600
092504942506	2006	2007	0010	5,395,100	8,193,000	13,588,100	0	5,395,100	8,193,000	13,588,100
092504942506	2005	2006	0010	4,980,100	8,839,100	13,819,200	0	4,980,100	8,839,100	13,819,200
092504942506	2004	2005	0010	4,150,100	10,499,000	14,649,100	0	4,150,100	10,499,000	14,649,100
092504942506	2003	2004	0010	4,150,100	19,958,900	24,109,000	0	4,150,100	19,958,900	24,109,000
092504942506	2002	2003	0010	3,735,100	6,350,000	10,085,100	6,350,000	3,735,100	6,350,000	10,085,100
092504942506	2001	2002	0010	3,741,600	1,351,500	5,093,100	0	3,741,600	1,351,500	5,093,100

SALES HISTORY

REVIEW HISTORY

Tax Year	Review Number	Review Type	Appealed Value	Hearing Date	Settlement Value	Decision	Status
2004	0305136	Local Appeal	$24,676,400	10/18/2004	$24,109,000	REVISE	Completed

PERMIT HISTORY

Permit Number	Permit Description	Type	Issue Date	Permit Value	Issuing Jurisdiction	Reviewed Date
6401523	Construct interior and store front tenant improvement to existing commercial retail building, mechanical included, per plan.,	Remodel	5/19/2014	$350,000	SEATTLE	7/1/2014
6302890	Alterations to existing storage room for use as break room accessory to retail use (Apple Store) per plan.	Remodel	1/24/2012	$27,200	SEATTLE	7/23/2012
6246177	Construct additions to Retail Bldg. (space 105) on West bldg upper level	Remodel	6/1/2010	$70,000	SEATTLE	7/23/2012
6093414	Tenant improvement to existing Eileen Fisher retail space.	Remodel	5/30/2006	$54,330	SEATTLE	5/8/2007
6089994	Change use from retail to restaurant & remodel the restaurant per plan.	Remodel	4/21/2006	$125,000	SEATTLE	5/30/2007
6080269		Remodel	1/11/2006	$550,000	SEATTLE	5/30/2007
6078053		Remodel	12/29/2005	$300,000	SEATTLE	5/30/2007
3075160		Remodel	11/28/2005	$50,000	SEATTLE	5/8/2007
6075675		Remodel	1/25/2005	$650,000	SEATTLE	5/30/2007

HOME IMPROVEMENT EXEMPTION

Reference Links:

King County Tax Links
Property Tax Advisor
Washington State Department of Revenue (External link)
Washington State Board of Tax Appeals (External link)
Board of Appeals/Equalization
Districts Report
iMap
Recorder's Office

Scanned images of surveys and other map documents

King County Department of Assessments

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