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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

Send us mail


 
PARCEL DATA
Parcel094200-0070
NameSECOND & SPRING PROPERTY SE
Site Address1100 2ND AVE 98101
Geo Area 30-40
Spec Area
Property NameSECURITY PACIFIC (MID-RISE OFFICE BUILDING)
JurisdictionSEATTLE
Levy Code0011
Property Type C
Plat Block / Building Number14
Plat Lot / Unit Number5&8
Quarter-Section-Township-Range SE-31-25-4
Legal Description
BORENS C D ADD LESS ST TGW POR VAC ALLEY ADJ
PLat Block: 14
Plat Lot: 5&8


LAND DATA
 
Highest & Best Use As If VacantCOMMERCIAL SERVICE
Highest & Best Use As ImprovedPRESENT USE
Present UseOffice Building
Land SqFt13,920
Acres0.32
Percentage Unusable 
UnbuildableNO
Restrictive Size ShapeNO
ZoningDOC1 U/450/U
WaterWATER DISTRICT
Sewer/SepticPUBLIC
Road AccessPUBLIC
ParkingADEQUATE
Street SurfacePAVED
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 DescriptionOFFICE BUILDING
Number Of Buildings Aggregated1
Predominant UseOFFICE BUILDING (344)
ShapeRect or Slight Irreg
Construction ClassSTRUCTURAL STEEL
Building QualityGOOD
Stories5
Building Gross Sq Ft81,168
Building Net Sq Ft73,850
Year Built1906
Eff. Year1990
Percentage Complete100
Heating SystemCOMPLETE HVAC
SprinklersYes
ElevatorsYes
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
2 OFFICE BUILDING (344) 516 68,20864,800
3 BASEMENT, OFFICE (705) 1160 12,9609,050


 





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
09420000700620182019 001116,704,00014,032,40030,736,400016,704,00014,032,40030,736,400
09420000700620172018 001115,312,00011,495,50026,807,500015,312,00011,495,50026,807,500
09420000700620162017 001212,528,00010,494,40023,022,400012,528,00010,494,40023,022,400
09420000700620152016 001210,788,0008,843,90019,631,900010,788,0008,843,90019,631,900
09420000700620142015 001010,440,0007,564,80018,004,800010,440,0007,564,80018,004,800
09420000700620132014 00109,744,0007,114,06516,858,06509,744,0007,114,06516,858,065
09420000700620122013 00108,352,0006,438,84214,790,84208,352,0006,438,84214,790,842
09420000700620112012 001000008,352,0005,284,25713,636,257
09420000700620102011 00108,352,0007,058,30015,410,30008,352,0007,058,30015,410,300
09420000700620092010 00108,352,00011,342,40019,694,40008,352,00011,342,40019,694,400
09420000700620082009 00108,352,00013,996,00022,348,00008,352,00013,996,00022,348,000
09420000700620072008 00107,308,0004,296,80011,604,80007,308,0004,296,80011,604,800
09420000700620062007 00105,220,0003,492,2008,712,20005,220,0003,492,2008,712,200
09420000700620052006 00104,189,9003,509,0007,698,90004,189,9003,509,0007,698,900
09420000700620042005 00104,189,9003,422,0007,611,90004,189,9003,422,0007,611,900
09420000700620032004 00104,189,9003,363,4007,553,30004,189,9003,363,4007,553,300
09420000700620022003 00104,189,9003,726,1007,916,00004,189,9003,726,1007,916,000
09420000700620012002 001000004,176,0005,919,20010,095,200
09420000700620002001 00102,920,0005,947,2008,867,20002,920,0005,947,2008,867,200
09420000700619992000 00102,920,0005,947,2008,867,20002,920,0005,947,2008,867,200
09420000700619981999 00102,920,0003,924,0006,844,00002,920,0003,924,0006,844,000
09420000700619971998 001000002,920,0001,0002,921,000
09420000700619961997 001000002,920,0001,0002,921,000
09420000700619941995 001000002,923,2001,076,8004,000,000
09420000700619921993 001000001,600,0002,400,0004,000,000
09420000700619901991 001000001,600,0002,400,0004,000,000
09420000700619881989 001000001,600,0002,700,0004,300,000
09420000700619871988 001000001,600,0002,400,0004,000,000
09420000700619861987 001000001,600,0002,400,0004,000,000
09420000700619841985 00100000970,2002,029,8003,000,000
09420000700619821983 00100000970,2002,029,8003,000,000

SALES HISTORY

Excise NumberRecording NumberDocument DateSale PriceSeller NameBuyer NameInstrumentSale Reason
2943000 20180720001057 7/16/2018 $84,490,000.00SECOND & SPRING PROPERTY OWNER LLC SECOND & SPRING PROPERTY SEA LLC Bargain and Sales DeedOther
2702070 20141121001531 11/21/2014 $60,000,000.00W2007 SEATTLE OFFICE SECOND AND SPRING REALTY LLCSECOND & SPRING PROPERTY OWNER LLCBargain and Sales DeedNone
2279594 20070424000327 4/10/2007 $40,000,000.00WA-SECOND & SPRING LLCW2007 SEATTLE OFFICE SECOND & SPRING BUILDING REALTY LLCSpecial Warranty DeedNone
1628603 199807300576 7/28/1998 $1,248,789.00PATRICIA INVESTMENTS LTDEOP-SECOND & SPRING LLCSpecial Warranty DeedNone
1628600 199807300575 7/28/1998 $405,891.00MACDONALD DEVELOPMENT CORPORATIONEOP-SECOND & SPRING LLCSpecial Warranty DeedNone
1628598 199807300574 7/28/1998 $4,995,154.00ADRIATIC U S A INCEOP-SECOND & SPRING LLCSpecial Warranty DeedNone
1628597 199807300573 7/28/1998 $0.00HUBBARD ROBERT AEOP-SECOND & SPRING LLCSpecial Warranty DeedOther
1628595 199807300572 7/28/1998 $0.001100 SECOND AVENUE LIMITED PRTNRSHPEOP-SECOND & SPRING LLCSpecial Warranty DeedOther
1628593 199807300571 7/28/1998 $0.001100 SECOND AVENUE LIMITED PRTNRSHPADRIATIC USA INCSpecial Warranty DeedOther
1628592 199807300570 7/28/1998 $0.001100 SECOND AVENUE LIMITED PRTNRSHPHUBBARD ROBERT ASpecial Warranty DeedOther
1628590 199807300569 7/28/1998 $0.001100 SECOND AVENUE LIMITED PRTNRSHPPATRICIA INVESTMENTS LTDSpecial Warranty DeedOther
1628588 199807300568 7/28/1998 $0.001100 SECOND AVENUE LIMITED PRTNRSHPMCDONALD DEVELOPMENT CORPORATIONStatutory Warranty DeedOther
1568180 199709231536 9/23/1997 $12,750,000.00BANK OF AMERICA NT & SA1100 SECOND AVENUE L PSpecial Warranty DeedNone

REVIEW HISTORY

Tax YearReview NumberReview TypeAppealed ValueHearing DateSettlement ValueDecisionStatus
20151401222Local Appeal$18,004,8001/1/1900$0 Completed
201486878State Appeal$17,609,1005/26/2016$16,858,065REVISECompleted
20141301256Local Appeal$17,609,1001/1/1900$17,609,100SUSTAINCompleted
201384023State Appeal$15,410,3005/26/2016$14,790,842REVISECompleted
20131200641Local Appeal$15,410,3001/1/1900$15,410,300SUSTAINCompleted
201282359State Appeal$14,913,2005/26/2016$21,988,257REVISEActive
20121101957Local Appeal$14,913,2001/1/1900$14,913,200SUSTAINCompleted
20111002756Local Appeal$15,410,3001/1/1900$0 Completed
20100903922Local Appeal$19,694,4001/1/1900$0 Completed
20090804696Local Appeal$22,893,0001/1/1900$22,348,000REVISECompleted
20070601075Local Appeal$8,712,2001/1/1900$0 Completed
20020105482Local Appeal$11,594,3001/1/1900$10,095,200REVISE, ASSESSOR RECOMMENDEDCompleted
19979602050Local Appeal$5,320,0001/1/1900$0 Completed
19888703184Local Appeal$4,500,0001/1/1900$4,500,000SUSTAINCompleted
19878603035Local Appeal$4,500,0001/1/1900$4,500,000SUSTAINCompleted

PERMIT HISTORY


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