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

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PARCEL DATA

Parcel	197570-0160
Name	520 PIKE STREET INC
Site Address	520 PIKE ST 98101
Geo Area	30-60
Spec Area	280-120
Property Name	520 PIKE BUILDING

Jurisdiction	SEATTLE
Levy Code	0011
Property Type	C
Plat Block / Building Number	18
Plat Lot / Unit Number	10-11
Quarter-Section-Township-Range	NE-31-25-4

Legal Description

DENNYS A A 3RD ADD LESS ST
PLat Block: 18
Plat Lot: 10-11

LAND DATA

Highest & Best Use As If Vacant	COMMERCIAL SERVICE
Highest & Best Use As Improved	PRESENT USE
Present Use	Office Building
Land SqFt	13,200
Acres	0.30

Percentage Unusable
Unbuildable	NO
Restrictive Size Shape	NO
Zoning	DRC 85-170
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

Environmental

BUILDING

Building Number	1
Building Description	OFC/RETAIL
Number Of Buildings Aggregated	1
Predominant Use	OFFICE BUILDING (344)
Shape	Rect or Slight Irreg
Construction Class	STRUCTURAL STEEL
Building Quality	GOOD
Stories	29
Building Gross Sq Ft	505,528
Building Net Sq Ft	396,821
Year Built	1983
Eff. Year	2005
Percentage Complete	100
Heating System	COMPLETE HVAC
Sprinklers	Yes
Elevators	Yes

Click the camera to see more pictures.

Picture of Building 1
Current Picture

Section(s) Of Building Number: 1

Section Number	Section Use	Description	Stories	Height	Gross Sq Ft	Net Sq Ft
2	RETAIL STORE (353)		1	12	15,528	15,528
3	UNDERGROUND PARKING STRUCTURE (388)	264 stalls	4	8	50,000	0
1	OFFICE BUILDING (344)		29	12	440,000	381,293

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 ($)	Taxable Total Value ($)
197570016000	2024	2025	0011	13,200,000	99,010,000	112,210,000	13,200,000	99,010,000	112,210,000
197570016000	2023	2024	0011	13,200,000	157,716,000	170,916,000	13,200,000	157,716,000	170,916,000
197570016000	2022	2023	0011	11,550,000	182,052,000	193,602,000	11,550,000	182,052,000	193,602,000
197570016000	2021	2022	0011	11,550,000	190,687,000	202,237,000	11,550,000	190,687,000	202,237,000
197570016000	2020	2021	0011	11,550,000	197,855,000	209,405,000	11,550,000	197,855,000	209,405,000
197570016000	2019	2020	0011	9,570,000	194,479,000	204,049,000	9,570,000	194,479,000	204,049,000
197570016000	2018	2019	0011	7,920,000	175,054,000	182,974,000	7,920,000	175,054,000	182,974,000
197570016000	2017	2018	0011	7,260,000	138,084,000	145,344,000	7,260,000	138,084,000	145,344,000
197570016000	2016	2017	0012	5,940,000	105,962,000	111,902,000	5,940,000	105,962,000	111,902,000
197570016000	2015	2016	0012	5,280,000	97,476,000	102,756,000	5,280,000	97,476,000	102,756,000
197570016000	2014	2015	0010	4,950,000	88,386,000	93,336,000	4,950,000	88,386,000	93,336,000
197570016000	2013	2014	0010	4,620,000	82,359,000	86,979,000	4,620,000	82,359,000	86,979,000
197570016000	2012	2013	0010	3,960,000	72,402,000	76,362,000	3,960,000	72,402,000	76,362,000
197570016000	2011	2012	0010	3,960,000	67,250,000	71,210,000	3,960,000	67,250,000	71,210,000
197570016000	2010	2011	0010	3,960,000	68,930,000	72,890,000	3,960,000	68,930,000	72,890,000
197570016000	2009	2010	0010	3,960,000	83,955,000	87,915,000	3,960,000	83,955,000	87,915,000
197570016000	2008	2009	0010	3,960,000	92,144,000	96,104,000	3,960,000	92,144,000	96,104,000
197570016000	2007	2008	0010	3,960,000	80,525,600	84,485,600	3,960,000	80,525,600	84,485,600
197570016000	2006	2007	0010	3,762,000	66,011,800	69,773,800	3,762,000	66,011,800	69,773,800
197570016000	2005	2006	0010	3,762,000	57,380,700	61,142,700	3,762,000	57,380,700	61,142,700
197570016000	2004	2005	0010	3,630,000	57,173,000	60,803,000	3,630,000	57,173,000	60,803,000
197570016000	2003	2004	0010	3,630,000	57,624,000	61,254,000	3,630,000	57,624,000	61,254,000
197570016000	2002	2003	0010	3,630,000	55,772,000	59,402,000	3,630,000	55,772,000	59,402,000
197570016000	2001	2002	0010	3,300,000	76,648,000	79,948,000	3,300,000	76,648,000	79,948,000
197570016000	2000	2001	0010	2,640,000	55,994,000	58,634,000	2,640,000	55,994,000	58,634,000
197570016000	1999	2000	0010	2,640,000	52,547,000	55,187,000	2,640,000	52,547,000	55,187,000
197570016000	1998	1999	0010	0	0	0	2,640,000	49,221,000	51,861,000
197570016000	1997	1998	0010	0	0	0	2,640,000	36,015,100	38,655,100
197570016000	1996	1997	0010	0	0	0	2,640,000	32,660,000	35,300,000
197570016000	1995	1996	0010	0	0	0	1,980,000	27,970,000	29,950,000
197570016000	1994	1995	0010	0	0	0	1,980,000	27,970,000	29,950,000
197570016000	1992	1993	0010	0	0	0	6,864,000	32,519,600	39,383,600
197570016000	1991	1992	0010	0	0	0	6,864,000	34,136,000	41,000,000
197570016000	1990	1991	0010	0	0	0	6,864,000	34,136,000	41,000,000
197570016000	1988	1989	0010	0	0	0	7,392,000	27,608,000	35,000,000
197570016000	1987	1988	0010	0	0	0	7,392,000	32,608,000	40,000,000
197570016000	1986	1987	0010	0	0	0	7,392,000	32,608,000	40,000,000
197570016000	1985	1986	0010	0	0	0	2,904,000	37,140,700	40,044,700
197570016000	1984	1985	0010	0	0	0	2,904,000	37,150,000	40,054,000
197570016000	1983	1984	0010	0	0	0	2,904,000	13,500,000	16,404,000
197570016000	1982	1983	0010	0	0	0	2,904,000	0	2,904,000

SALES HISTORY

Excise Number	Recording Number	Document Date	Sale Price	Seller Name	Buyer Name	Instrument	Sale Reason
2018677	20040218000100	2/12/2004	$0.00	PIKE STREET DELAWARE INC	520 PIKE STREET INC	Statutory Warranty Deed	Other
2008358	20031216002307	12/5/2003	$0.00	PIKE STREET DELAWARE INC	520 PIKE STREET DELAWARE INC	Statutory Warranty Deed	Other
1513915	199611070682	11/6/1996	$51,034,912.00	SIXTH & PIKE ASSOCIATES	PIKE STREET DELAWARE INC	Bargain and Sales Deed	None

REVIEW HISTORY

Tax Year	Review Number	Review Type	Appealed Value	Hearing Date	Settlement Value	Decision	Status
2021	2003757	Local Appeal	$210,643,000	10/13/2021	$209,405,000	REVISE, ASSESSOR RECOMMENDED	Completed
2018	1703576	Local Appeal	$145,344,000	1/1/1900	$0		Completed
2012	1103779	Local Appeal	$71,210,000	7/31/2012	$71,210,000	SUSTAIN	Completed
2008	0701698	Local Appeal	$84,485,600	1/1/1900	$0		Completed
2000	9901766	Local Appeal	$57,408,000	7/12/2000	$55,187,000	REVISE, ASSESSOR RECOMMENDED	Completed
1999	9803374	Local Appeal	$54,192,000	7/12/2000	$51,861,000	REVISE, ASSESSOR RECOMMENDED	Completed
1991	9015021	Local Appeal	$47,000,000	5/22/1991	$41,000,000	REVISE	Completed
1990	8900539	Local Appeal	$35,000,000	3/12/1990	$35,000,000	SUSTAIN	Completed
1987	8603170	Local Appeal	$45,853,600	6/8/1987	$40,000,000	REVISE, ASSESSOR RECOMMENDED	Completed
1986	8570645	Local Appeal	$41,944,500	7/28/1986	$41,944,500	SUSTAIN	Completed
1985	8470930	Local Appeal	$40,054,000	1/1/1900	$0		Completed

PERMIT HISTORY

Permit Number	Permit Description	Type	Issue Date	Permit Value	Issuing Jurisdiction	Reviewed Date
7008997-CN	Interior tenant improvement of existing office space, subject to field inspection, STFI.,	Remodel	2/26/2024	$115,000	SEATTLE	8/23/2024
6924326-BK	Construct blanket permit tenant improvements to future tenant on the 10th floor of existing commercial building, per plan.,	Remodel	11/2/2022	$0	SEATTLE	8/23/2024
6909648-BK	Construct blanket permit tenant improvements to future tenant on floor 13 of existing commercial building, per plan.,	Remodel	8/26/2022	$0	SEATTLE	8/23/2024
6894582-BK	Blanket permit non-structural tenant improvements to office space for AIG on the 27th floor, per plans.,	Remodel	7/7/2022	$0	SEATTLE	8/23/2024
6753821-CN	Interior tenant improvement to existing commercial space, subject to field inspection, STFI.,	Remodel	10/16/2019	$100,000	SEATTLE	9/11/2020
6740143-CN	Construct tenant improvements for office space on 15th floor of existing commercial structure, subject to field inspection (STFI).,	Remodel	7/26/2019	$120,000	SEATTLE	9/11/2020
6716877-CN	Tenant improvements on floors 16th and 17th floor for existing commercial office high-rise building, subject to field inspection,	Remodel	3/13/2019	$225,000	SEATTLE	9/11/2020
6699647-CN	Construct tenant improvements to a portion of the ground floor and lower level of a commercial building for The North Face, Suite #100, occupy per plan.,	Remodel	3/11/2019	$412,971	SEATTLE	9/11/2020
6658354	Construct non-structural tenant improvements to existing office space on the 16th and 18th floors, per STFI,	Remodel	4/25/2018	$180,000	SEATTLE	8/23/2024
6600325	Construct exterior alterations to existing commercial building, per plan,	Remodel	1/10/2018	$1,200,000	SEATTLE	8/23/2024
6629292	Blanket Permit for interior non-structural alterations on floor 25 for Clark Construction.,	Remodel	12/26/2017	$650,000	SEATTLE	8/23/2024
6591142	Blanket Permit for interior non-structural alterations for Fieldwork on the 26th floor.,	Remodel	6/26/2017	$650,000	SEATTLE	8/23/2024
6559703	Construct tenant improvements to existing office building for floor 28 subject to field inspection.,	Remodel	10/26/2016	$95,486	SEATTLE	8/23/2024
6561554	Tenant improvements to existing office space (suite 1360) of existing office building, subject to field inspection (STFI).,	Remodel	10/12/2016	$75,000	SEATTLE	8/23/2024
6531737	Blanket Permit for interior non-structural alterations on the 29th floor for Pugh Capital Management.,	Remodel	5/31/2016	$190,000	SEATTLE	8/23/2024
6519220	Blanket Permit for interior non-structural alterations for Admiral Insurance on the 29th floor.,	Remodel	3/15/2016	$100,000	SEATTLE	8/23/2024
6495832	Blanket Permit for interior non-structural alterations for Hartford Insurance on Floor 9.,	Remodel	10/12/2015	$100,000	SEATTLE	8/23/2024
6487997	Blanket Permit for interior non-structural alterations on the 25th floor for XO Communications.,	Remodel	8/26/2015	$125,000	SEATTLE	8/23/2024
6490875	Interior alterations to suite 1001, subject to field inspection (STFI).,	Remodel	8/20/2015	$82,000	SEATTLE	8/23/2024
6486105	Blanket Permit for interior non-structural alterations for MIXPO in Suite 2400.,	Remodel	8/18/2015	$250,000	SEATTLE	8/23/2024
6482804	Construct interior alterations to the 21st floor of existing commercial building subject to field inspection (STFI),	Remodel	7/6/2015	$200,000	SEATTLE	8/23/2024
6459752	Blanket Permit for interior non-structural alterations to the 23rd floor. For (GREENE HOLOCOMB FISHER, per plans.,	Remodel	3/24/2015	$100,000	SEATTLE	8/23/2024
6461654	Blanket Permit for interior non-structural alterations on the 27th floor for Plaza Bank.,	Remodel	3/19/2015	$250,000	SEATTLE	8/23/2024
6456926	Blanket Permit for interior non-structural alterations on the 15th floor for Wood, Smith, Henning & Berman.,	Remodel	2/19/2015	$125,000	SEATTLE	8/23/2024
6402756	Blanket Permit for interior non-structural alterations for Pacific Project Management to 12th floor per plans.,	Remodel	2/13/2014	$39,000	SEATTLE	8/28/2014
6385733	Blanket Permit for interior non-structural alterations for tenant, Mixpo. Floor 16,	Remodel	11/7/2013	$195,000	SEATTLE	8/28/2014
6364069	Blanket Permit for interior non-structural alterations on 25th floor (Hacker & Willig), per plan.,	Remodel	6/3/2013	$125,000	SEATTLE	8/22/2013
6230543	Blanket Permit for interior non-structural alterations for Fls. 18-20	Remodel	11/4/2009	$335,000	SEATTLE	8/11/2010
6167376	Tenant improvements to retail store 1st flr SE corner of existing mixed commercial building per plan.	Remodel	5/16/2008	$1,532,563	SEATTLE	6/13/2008
712031	None	Remodel	3/2/2000	$1,500,000	SEATTLE	8/23/2024
694717		Remodel	9/25/1997	$0

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