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	524780-0860
Name	FULTON BUILDING LLC
Site Address	318 2ND AVE S 98104
Geo Area	30-20
Spec Area
Property Name	THE OLD FULTON HOTEL BUILDING

Jurisdiction	SEATTLE
Levy Code	0011
Property Type	C
Plat Block / Building Number	14
Plat Lot / Unit Number	4
Quarter-Section-Township-Range	NW-5 -24-4

Legal Description

MAYNARDS D S PLAT LESS ST
PLat Block: 14
Plat Lot: 4

LAND DATA

Highest & Best Use As If Vacant	RETAIL/WHOLESALE
Highest & Best Use As Improved	PRESENT USE
Present Use	Retail Store
Land SqFt	6,480
Acres	0.15

Percentage Unusable
Restrictive Size Shape	NO
Zoning	PSM 100/100-120
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	RETAIL
Number Of Buildings Aggregated	1
Predominant Use	RETAIL STORE (353)
Shape	Rect or Slight Irreg
Construction Class	MASONRY
Building Quality	AVERAGE
Stories	1
Building Gross Sq Ft	15,178
Building Net Sq Ft	6,588
Year Built	1900
Eff. Year	1970
Percentage Complete	100
Heating System	FORCED AIR UNIT
Sprinklers	No
Elevators

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	Floor Number	Gross Sq Ft	Net Sq Ft
2	RETAIL STORE (353)	1ST FLOOR AREA	1	14		6,588	6,588
3	BASEMENT, UNFINISHED (703)		1	11		8,590	0

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 ($)	Taxable Total Value ($)
524780086004	2023	2024	0011	2,916,000	1,000	2,917,000	2,916,000	1,000	2,917,000
524780086004	2022	2023	0011	2,786,400	1,000	2,787,400	2,786,400	1,000	2,787,400
524780086004	2021	2022	0011	2,786,400	1,000	2,787,400	2,786,400	1,000	2,787,400
524780086004	2020	2021	0011	2,786,400	1,000	2,787,400	2,786,400	1,000	2,787,400
524780086004	2019	2020	0011	2,268,000	1,000	2,269,000	2,268,000	1,000	2,269,000
524780086004	2018	2019	0011	2,073,600	1,000	2,074,600	2,073,600	1,000	2,074,600
524780086004	2017	2018	0011	1,717,200	1,000	1,718,200	1,717,200	1,000	1,718,200
524780086004	2016	2017	0012	1,458,000	1,000	1,459,000	1,458,000	1,000	1,459,000
524780086004	2015	2016	0012	1,296,000	1,000	1,297,000	1,296,000	1,000	1,297,000
524780086004	2014	2015	0010	1,231,200	1,000	1,232,200	1,231,200	1,000	1,232,200
524780086004	2013	2014	0010	1,036,800	98,800	1,135,600	1,036,800	98,800	1,135,600
524780086004	2012	2013	0010	1,036,800	103,000	1,139,800	1,036,800	103,000	1,139,800
524780086004	2011	2012	0010	1,036,800	129,500	1,166,300	1,036,800	129,500	1,166,300
524780086004	2010	2011	0010	1,036,800	156,000	1,192,800	1,036,800	156,000	1,192,800
524780086004	2009	2010	0010	1,036,800	256,800	1,293,600	1,036,800	256,800	1,293,600
524780086004	2008	2009	0010	1,036,800	433,600	1,470,400	1,036,800	433,600	1,470,400
524780086004	2007	2008	0010	1,036,800	430,700	1,467,500	1,036,800	430,700	1,467,500
524780086004	2006	2007	0010	712,800	754,700	1,467,500	712,800	754,700	1,467,500
524780086004	2005	2006	0010	583,200	692,200	1,275,400	583,200	692,200	1,275,400
524780086004	2004	2005	0010	583,200	147,300	730,500	583,200	147,300	730,500
524780086004	2003	2004	0010	583,200	270,600	853,800	583,200	270,600	853,800
524780086004	2002	2003	0010	583,200	315,500	898,700	583,200	315,500	898,700
524780086004	2001	2002	0010	648,000	114,900	762,900	648,000	114,900	762,900
524780086004	2000	2001	0010	615,600	1,000	616,600	615,600	1,000	616,600
524780086004	1999	2000	0010	453,600	1,000	454,600	453,600	1,000	454,600
524780086004	1998	1999	0010	291,600	65,400	357,000	291,600	65,400	357,000
524780086004	1997	1998	0010	0	0	0	291,600	65,400	357,000
524780086004	1996	1997	0010	0	0	0	291,600	65,400	357,000
524780086004	1994	1995	0010	0	0	0	291,600	90,500	382,100
524780086004	1992	1993	0010	0	0	0	291,600	90,500	382,100
524780086004	1990	1991	0010	0	0	0	291,600	90,500	382,100
524780086004	1988	1989	0010	0	0	0	291,600	65,800	357,400
524780086004	1986	1987	0010	0	0	0	291,600	65,800	357,400
524780086004	1984	1985	0010	0	0	0	291,600	32,000	323,600
524780086004	1982	1983	0010	0	0	0	291,600	32,000	323,600

SALES HISTORY

Excise Number	Recording Number	Document Date	Sale Price	Seller Name	Buyer Name	Instrument	Sale Reason
2484645	20110330001263	3/29/2011	$0.00	WONG SUZANNE S+WONG LARRY Y	FULTON BUILDING LLC	Statutory Warranty Deed	Other
2035395	20040430002117	4/30/2004	$1,175,000.00	SRO PROPERTIES INC	WONG SUZANNE S+LARRY Y+KENNETH D	Statutory Warranty Deed	None
2035402	20040430002118	4/24/2004	$0.00	MEI HUI JUAN	WONG LARRY	Quit Claim Deed	Property Settlement
1286026	199212281674	12/14/1992	$0.00	STRATTON LYDIA GEORGES+ETAL	SRO PROPERTIES INC	Warranty Deed	Other
1285855	199212241577	12/14/1992	$0.00	STRATTON LYDIA GEORGES	STRATTON C JAIRUS III+O'MALLEY	Warranty Deed	Settlement

REVIEW HISTORY

PERMIT HISTORY

Permit Number	Permit Description	Type	Issue Date	Permit Value	Issuing Jurisdiction	Reviewed Date
6752987-CN	Change of use from retail to restaurant and construct tenant improvements for restaurant (Meg's Hamburgers) in existing commercial building, occupy per plan.,	Remodel	12/9/2019	$20,000	SEATTLE	7/21/2020

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

Scanned images of plats

Notice mailing date: 06/22/2023

King County Department of Assessments

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