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,
Seattle, WA 98104

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

TEL: 206-296-7300
TTY relay: 711 or 800-833-4388

PARCEL DATA

Parcel	094290-0450
Name	RISE PROPERTIES LP
Site Address	420 S 50TH ST 98055
Geo Area	75-65
Spec Area	100-320
Property Name	BORGATA CONDO

Jurisdiction	RENTON
Levy Code	2100
Property Type	K
Plat Block / Building Number	410
Plat Lot / Unit Number	UNIT 45
Quarter-Section-Township-Range	SE-31-23-5

Legal Description

BORGATA CONDOMINIUMS PCT UND INT 0.91
PLat Block: 410
Plat Lot: UNIT 45

LAND DATA

Highest & Best Use As If Vacant	MULTI-FAMILY DWELLING
Highest & Best Use As Improved	PRESENT USE
Present Use	Apartment
Land SqFt	351,140
Acres	8.06

Percentage Unusable
Unbuildable	NO
Restrictive Size Shape	NO
Zoning	R-14
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	HIGH
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	BORGATA CONDO (IN USE AS APTS)
Number Of Buildings Aggregated	17
Predominant Use	MULTIPLE RESIDENCE (LOW RISE) (352)
Shape	Very Irreg
Construction Class	WOOD FRAME
Building Quality	AVERAGE/GOOD
Stories	2
Building Gross Sq Ft	111,665
Building Net Sq Ft	91,725
Year Built	2002
Eff. Year	2011
Percentage Complete	100
Heating System	ELECTRIC WALL
Sprinklers	Yes
Elevators

Section(s) Of Building Number: 1

Section Number	Section Use	Description	Stories	Height	Floor Number	Gross Sq Ft	Net Sq Ft
1	MULTIPLE RESIDENCE (LOW RISE) (352)		2	9	0	111,665	91,725

Apartment / Condo Complex Data

Complex Type	Res Condo Apt
Complex Description	83 Unit Condo
Value Distribution Method	Pcnt Land Val
# of Bldgs	17
# of Stories	2
# of Units	83
Avg Unit Size	1,105
Land Per Unit	0
Project Location	AVERAGE
Project Appeal	AVERAGE
% With View	0
Construction Class	WOOD FRAME
Building Quality	AVERAGE/GOOD
Condition	Average
Year Built	2002
Eff Year	2011
% Complete	100
Elevators	N
Security System	N
FirePlace	Y
Laundry	PRIVATE
Kitchens
# of Meals	0
Founder's Fee
Apt Conversion
Condo Land Type

Parcel	Taxpayer Name	Building Number	Unit Number	Taxable Total
0942900010	RISE PROPERTIES LP	420	UNIT 1	$266,600
0942900020	RISE PROPERTIES LP	420	UNIT 2	$266,600
0942900030	RISE PROPERTIES LP	420	UNIT 3	$266,600
0942900040	RISE PROPERTIES LP	420	UNIT 4	$266,600
0942900050	RISE PROPERTIES LP	420	UNIT 5	$266,600
0942900060	RISE PROPERTIES LP	420	UNIT 6	$266,600
0942900070	RISE PROPERTIES LP	420	UNIT 7	$266,600
0942900080	RISE PROPERTIES LP	420	UNIT 8	$266,600
0942900090	RISE PROPERTIES LP	510	UNIT 9	$266,600
0942900100	RISE PROPERTIES LP	510	UNIT 10	$266,600
0942900110	RISE PROPERTIES LP	510	UNIT 11	$266,600
0942900120	RISE PROPERTIES LP	510	UNIT 12	$266,600
0942900130	RISE PROPERTIES LP	520	UNIT 13	$266,600
0942900140	RISE PROPERTIES LP	520	UNIT 14	$266,600
0942900150	RISE PROPERTIES LP	520	UNIT 15	$266,600
0942900160	RISE PROPERTIES LP	520	UNIT 16	$266,600
0942900170	RISE PROPERTIES LP	540	UNIT 17	$266,600
0942900180	RISE PROPERTIES LP	540	UNIT 18	$266,600
0942900190	RISE PROPERTIES LP	405	UNIT 19	$266,600
0942900200	RISE PROPERTIES LP	405	UNIT 20	$266,600
0942900210	RISE PROPERTIES LP	405	UNIT 21	$266,600
0942900220	RISE PROPERTIES LP	405	UNIT 22	$266,600
0942900230	RISE PROPERTIES LP	425	UNIT 23	$266,600
0942900240	RISE PROPERTIES LP	425	UNIT 24	$266,600
0942900250	RISE PROPERTIES LP	425	UNIT 25	$266,600
0942900260	RISE PROPERTIES LP	425	UNIT 26	$266,600
0942900270	RISE PROPERTIES LP	445	UNIT 27	$266,600
0942900280	RISE PROPERTIES LP	445	UNIT 28	$266,600
0942900290	RISE PROPERTIES LP	445	UNIT 29	$266,600
0942900300	RISE PROPERTIES LP	445	UNIT 30	$266,600
0942900310	RISE PROPERTIES LP	505	UNIT 31	$266,600
0942900320	RISE PROPERTIES LP	505	UNIT 32	$266,600
0942900330	RISE PROPERTIES LP	505	UNIT 33	$266,600
0942900340	RISE PROPERTIES LP	505	UNIT 34	$266,600
0942900350	RISE PROPERTIES LP	525	UNIT 35	$266,600
0942900360	RISE PROPERTIES LP	525	UNIT 36	$266,600
0942900370	RISE PROPERTIES LP	525	UNIT 37	$266,600
0942900380	RISE PROPERTIES LP	525	UNIT 38	$266,600
0942900390	RISE PROPERTIES LP	545	UNIT 39	$266,600
0942900400	RISE PROPERTIES LP	545	UNIT 40	$266,600
0942900410	RISE PROPERTIES LP	545	UNIT 41	$266,600
0942900420	RISE PROPERTIES LP	545	UNIT 42	$266,600
0942900430	RISE PROPERTIES LP	400	UNIT 43	$266,600
0942900440	RISE PROPERTIES LP	410	UNIT 44	$266,600
0942900450	RISE PROPERTIES LP	410	UNIT 45	$266,600
0942900460	RISE PROPERTIES LP	410	UNIT 46	$266,600
0942900470	RISE PROPERTIES LP	410	UNIT 47	$266,600
0942900480	RISE PROPERTIES LP	410	UNIT 48	$266,600
0942900490	RISE PROPERTIES LP	410	UNIT 49	$266,600
0942900500	RISE PROPERTIES LP	410	UNIT 50	$266,600
0942900510	RISE PROPERTIES LP	410	UNIT 51	$266,600
0942900520	RISE PROPERTIES LP	450	UNIT 52	$266,600
0942900530	RISE PROPERTIES LP	450	UNIT 53	$266,600
0942900540	RISE PROPERTIES LP	450	UNIT 54	$266,600
0942900550	RISE PROPERTIES LP	450	UNIT 55	$266,600
0942900560	RISE PROPERTIES LP	450	UNIT 56	$266,600
0942900570	RISE PROPERTIES LP	450	UNIT 57	$266,600
0942900580	RISE PROPERTIES LP	450	UNIT 58	$266,600
0942900590	RISE PROPERTIES LP	450	UNIT 59	$266,600
0942900600	RISE PROPERTIES LP	530	UNIT 60	$266,600
0942900610	RISE PROPERTIES LP	530	UNIT 61	$266,600
0942900620	RISE PROPERTIES LP	530	UNIT 62	$266,600
0942900630	RISE PROPERTIES LP	530	UNIT 63	$266,600
0942900640	RISE PROPERTIES LP	530	UNIT 64	$266,600
0942900650	RISE PROPERTIES LP	530	UNIT 65	$266,600
0942900660	RISE PROPERTIES LP	530	UNIT 66	$266,600
0942900670	RISE PROPERTIES LP	530	UNIT 67	$266,600
0942900680	RISE PROPERTIES LP	610	UNIT 68	$266,600
0942900690	RISE PROPERTIES LP	610	UNIT 69	$266,600
0942900700	RISE PROPERTIES LP	610	UNIT 70	$266,600
0942900710	RISE PROPERTIES LP	610	UNIT 71	$266,600
0942900720	RISE PROPERTIES LP	610	UNIT 72	$266,600
0942900730	RISE PROPERTIES LP	610	UNIT 73	$266,600
0942900740	RISE PROPERTIES LP	610	UNIT 74	$266,600
0942900750	RISE PROPERTIES LP	610	UNIT 75	$266,600
0942900760	RISE PROPERTIES LP	605	UNIT 76	$266,600
0942900770	RISE PROPERTIES LP	605	UNIT 77	$266,600
0942900780	RISE PROPERTIES LP	605	UNIT 78	$266,600
0942900790	RISE PROPERTIES LP	605	UNIT 79	$266,600
0942900800	RISE PROPERTIES LP	605	UNIT 80	$266,600
0942900810	RISE PROPERTIES LP	605	UNIT 81	$266,600
0942900820	RISE PROPERTIES LP	605	UNIT 82	$266,600
0942900830	RISE PROPERTIES LP	605	UNIT 83	$266,600

Condo Unit

Unit	Minor	Building	Floor	Unit Year Built	Unit Eff Year	Unit type	Regression	Quality	Location	Condition
45	0450	410	2			Flat	Include	Average	Standard

Measurement	Size	Bed Room	1/2 Bath	3/4 Bath	Full Bath	Other Room	Fire Place	Top Floor	End Unit
SqFt	852	1	0	0	1		Y	Y	Y

Parking Open	Carport	Parking Basement	Parking Basement Tandem	Parkage Garage	Parkage Garage Tandem	Parking Other
0	0	0	0	0	0

View Mountain	View Lake/River	View City Territorial	View Puget Sound	View Lake WA / Lake Sammamish

TAX ROLL HISTORY

Account	Valued Year	Tax Year	Levy Code	Appraised Land Value ($)	Appraised Imps Value ($)	Appraised Total Value ($)	Taxable Land Value ($)	Taxable Imps Value ($)	Taxable Total Value ($)
094290045007	2026	2027	2100	49,500	217,100	266,600	49,500	217,100	266,600
094290045007	2025	2026	2100	49,500	179,800	229,300	49,500	179,800	229,300
094290045007	2024	2025	2100	49,500	265,300	314,800	49,500	265,300	314,800
094290045007	2023	2024	2100	49,500	165,800	215,300	49,500	165,800	215,300
094290045007	2022	2023	2100	47,900	176,800	224,700	47,900	176,800	224,700
094290045007	2021	2022	2100	47,900	150,200	198,100	47,900	150,200	198,100
094290045007	2020	2021	2100	47,900	135,500	183,400	47,900	135,500	183,400
094290045007	2019	2020	2100	47,900	134,400	182,300	47,900	134,400	182,300
094290045007	2018	2019	2100	44,700	129,000	173,700	44,700	129,000	173,700
094290045007	2017	2018	2100	41,500	108,600	150,100	41,500	108,600	150,100
094290045007	2016	2017	2100	41,500	100,800	142,300	41,500	100,800	142,300
094290045007	2015	2016	2100	41,500	105,600	147,100	41,500	105,600	147,100
094290045007	2014	2015	2100	28,700	119,100	147,800	28,700	119,100	147,800
094290045007	2013	2014	2100	25,500	86,800	112,300	25,500	86,800	112,300
094290045007	2012	2013	2100	25,500	89,500	115,000	25,500	89,500	115,000
094290045007	2011	2012	2100	25,500	61,400	86,900	25,500	61,400	86,900
094290045007	2010	2011	2100	25,500	78,300	103,800	25,500	78,300	103,800
094290045007	2009	2010	2100	25,500	100,500	126,000	25,500	100,500	126,000
094290045007	2008	2009	2100	19,100	120,900	140,000	19,100	120,900	140,000
094290045007	2007	2008	2100	12,700	119,800	132,500	12,700	119,800	132,500
094290045007	2006	2007	2110	11,900	88,200	100,100	11,900	88,200	100,100
094290045007	2005	2006	2110	11,985	78,506	90,491	11,985	78,506	90,491

SALES HISTORY

Excise Number	Recording Number	Document Date	Sale Price	Seller Name	Buyer Name	Instrument	Sale Reason
2695408	20141015000898	10/15/2014	$17,761,242.00	BORGATA APARTMENTS LLC	RISE PROPERTIES LP	Statutory Warranty Deed	None
2498423	20110630000164	6/23/2011	$13,125,500.00	BORGATA INVESTMENT PARTNERS LP	BORGATA APARTMENTS LLC	Statutory Warranty Deed	None

REVIEW HISTORY

PERMIT HISTORY

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Notice mailing date: 09/10/2026

King County Department of Assessments

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