King County Department of Assessments

Fair, Equitable, and Understandable Property Valuations

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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

PARCEL DATA

Parcel	722850-0182
Name	AFRICATOWN PLAZA LLLP
Site Address	1122 23RD AVE E 98122
Geo Area	25-45
Spec Area
Property Name	RETAIL

Jurisdiction	SEATTLE
Levy Code	0010
Property Type	C
Plat Block / Building Number	5
Plat Lot / Unit Number	6-7
Quarter-Section-Township-Range	NW-33-25-4

Legal Description

RENTON HILL ADD LOT 6 LESS N 24.67 FT & ALL LOT 7 TGW UNPLTD STRIP ADJ SD LOT 7 & LY BET ELY EXT OF NLY & SLY LNS OF SD LOT
PLat Block: 5
Plat Lot: 6-7

LAND DATA

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Highest & Best Use As If Vacant	RETAIL/WHOLESALE
Highest & Best Use As Improved	PRESENT USE
Present Use	Retail Store
Land SqFt	12,384
Acres	0.28

Percentage Unusable
Unbuildable	NO
Restrictive Size Shape	NO
Zoning	NC2P-75 (M1)
Water	WATER DISTRICT
Sewer/Septic	PUBLIC
Road Access	PUBLIC
Parking	ADEQUATE
Street Surface

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	SHOPS & ETC
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	4,524
Building Net Sq Ft	4,524
Year Built	1963
Eff. Year	1963
Percentage Complete	100
Heating System	SPACE HEATERS
Sprinklers	No
Elevators

Section(s) Of Building Number: 1

Section Number	Section Use	Description	Stories	Height	Floor Number	Gross Sq Ft	Net Sq Ft
1	RETAIL STORE (353)		1	16		4,524	4,524

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 ($)	Taxable Total Value ($)
722850018200	2019	2020	0010	2,848,300	1,000	2,849,300	2,848,300	1,000	2,849,300
722850018200	2018	2019	0010	2,724,400	1,000	2,725,400	2,724,400	1,000	2,725,400
722850018200	2017	2018	0010	1,733,700	1,000	1,734,700	1,733,700	1,000	1,734,700
722850018200	2016	2017	0010	1,300,300	1,000	1,301,300	1,300,300	1,000	1,301,300
722850018200	2015	2016	0010	1,300,300	1,000	1,301,300	1,300,300	1,000	1,301,300
722850018200	2014	2015	0010	1,300,300	1,000	1,301,300	1,300,300	1,000	1,301,300
722850018200	2013	2014	0010	1,300,300	1,000	1,301,300	1,300,300	1,000	1,301,300
722850018200	2012	2013	0010	1,300,300	1,000	1,301,300	1,300,300	1,000	1,301,300
722850018200	2011	2012	0010	1,300,300	1,000	1,301,300	1,300,300	1,000	1,301,300
722850018200	2010	2011	0010	1,300,300	1,000	1,301,300	1,300,300	1,000	1,301,300
722850018200	2009	2010	0010	1,300,300	1,000	1,301,300	1,300,300	1,000	1,301,300
722850018200	2008	2009	0010	1,300,300	1,000	1,301,300	1,300,300	1,000	1,301,300
722850018200	2007	2008	0010	1,176,400	1,000	1,177,400	1,176,400	1,000	1,177,400
722850018200	2006	2007	0010	928,800	1,000	929,800	928,800	1,000	929,800
722850018200	2005	2006	0010	681,100	1,000	682,100	681,100	1,000	682,100
722850018200	2004	2005	0010	495,300	1,000	496,300	495,300	1,000	496,300
722850018200	2003	2004	0010	371,500	1,000	372,500	371,500	1,000	372,500
722850018200	2002	2003	0010	371,500	1,000	372,500	371,500	1,000	372,500
722850018200	2001	2002	0010	309,600	1,000	310,600	309,600	1,000	310,600
722850018200	2000	2001	0010	309,600	1,000	310,600	309,600	1,000	310,600
722850018200	1999	2000	0010	247,600	1,000	248,600	247,600	1,000	248,600
722850018200	1998	1999	0010	247,600	900	248,500	247,600	900	248,500
722850018200	1997	1998	0010	0	0	0	148,600	41,400	190,000
722850018200	1996	1997	0010	0	0	0	148,600	41,400	190,000
722850018200	1994	1995	0010	0	0	0	148,600	41,400	190,000
722850018200	1992	1993	0010	0	0	0	148,600	1,000	149,600
722850018200	1990	1991	0010	0	0	0	86,400	11,600	98,000
722850018200	1988	1989	0010	0	0	0	86,400	11,600	98,000
722850018200	1986	1987	0010	0	0	0	86,400	18,500	104,900
722850018200	1984	1985	0010	0	0	0	86,400	18,500	104,900
722850018200	1982	1983	0010	0	0	0	71,400	124,300	195,700

SALES HISTORY

Excise Number	Recording Number	Document Date	Sale Price	Seller Name	Buyer Name	Instrument	Sale Reason
2893759		10/6/2017	$4,500,000.00	23RD & UNION LLC	AFRICATOWN PLAZA LLLP	Statutory Warranty Deed	None
2866094	20170523001504	5/23/2017	$23,250,000.00	MIDTOWN LIMITED PARTNERSHIP	23RD & UNION LLC	Bargain and Sales Deed	None
1035186	198812061144	11/25/1988	$0.00	BANGASSER ELIZABETH+ETAL	MID-TOWN LTD PS	Quit Claim Deed	Settlement

REVIEW HISTORY

PERMIT HISTORY

Permit Number	Permit Description	Type	Issue Date	Permit Value	Issuing Jurisdiction	Reviewed Date
6454496	Change of use from retail to indoor participant sports for "Smash Putt" and alterations for temporary assembly occupy per plan. SFD approval required.,	Remodel	3/14/2015	$6,750	SEATTLE	8/3/2015

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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

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King County Department of Assessments

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