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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

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PARCEL DATA
Parcel859140-0025
Name1ST & COLUMBIA GARAGE LLC
Site Address701 1ST AVE 98104
Geo Area 30-20
Spec Area
Property NameCPS PARKING GARAGE W/ BANK & OFFICE/RETAIL
JurisdictionSEATTLE
Levy Code0011
Property Type C
Plat Block / Building NumberM
Plat Lot / Unit Number1 THRU 6
Quarter-Section-Township-Range NE-6 -24-4
Legal Description
TERRYS 3RD ADD ALSO ALL OF BL 196 STL
PLat Block: M
Plat Lot: 1 THRU 6


LAND DATA
 
Highest & Best Use As If VacantCOMMERCIAL SERVICE
Highest & Best Use As ImprovedPRESENT USE
Present UseParking(Garage)
Land SqFt26,640
Acres0.61
Percentage Unusable 
UnbuildableNO
Restrictive Size ShapeNO
ZoningPSM 100/100-130
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 DescriptionPARKING GARAGE WITH BANK & OFFICE/RETAIL
Number Of Buildings Aggregated1
Predominant UsePARKING STRUCTURE (345)
ShapeRect or Slight Irreg
Construction ClassREINFORCED CONCRETE
Building QualityAVERAGE/GOOD
Stories9
Building Gross Sq Ft252,108
Building Net Sq Ft248,108
Year Built1970
Eff. Year1980
Percentage Complete100
Heating SystemNO HEAT
SprinklersYes
ElevatorsYes
Picture of Building 1
Current Picture
Section(s) Of Building Number: 1
Section NumberSection UseDescriptionStoriesHeightFloor NumberGross Sq FtNet Sq Ft
3 BANK (304) 120 6,6086,608
2 PARKING STRUCTURE (345)TOTAL 509 PARKING STALLS OR SPACES910 216,030216,030
4 OPEN OFFICE (820) 120 4,0000
1 BASEMENT, PARKING (706) 115 25,47025,470
Section Feature(s) Of Section Number: 3
Feature TypeGross Sq FtNet Sq Ft
MEZZANINES-OFFICE (761)2,2992,299

 





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
85914000250120182019 00118,524,80024,003,60032,528,40008,524,80024,003,60032,528,400
85914000250120172018 00117,059,60010,251,90017,311,50007,059,60010,251,90017,311,500
85914000250120162017 00125,994,0007,178,00013,172,00005,994,0007,178,00013,172,000
85914000250120152016 00105,328,0007,747,00013,075,00005,328,0007,747,00013,075,000
85914000250120142015 00105,061,6009,669,30014,730,90005,061,6009,669,30014,730,900
85914000250120132014 00104,262,4008,950,30013,212,70004,262,4008,950,30013,212,700
85914000250120122013 00104,262,4008,945,20013,207,60004,262,4008,945,20013,207,600
85914000250120112012 00104,262,4007,513,90011,776,30004,262,4007,513,90011,776,300
85914000250120102011 00104,262,4007,570,10011,832,50004,262,4007,570,10011,832,500
85914000250120092010 00104,262,4007,969,40012,231,80004,262,4007,969,40012,231,800
85914000250120082009 00104,262,4007,969,40012,231,80004,262,4007,969,40012,231,800
85914000250120072008 00104,262,4007,824,70012,087,10004,262,4007,824,70012,087,100
85914000250120062007 00102,930,4008,756,60011,687,00002,930,4008,756,60011,687,000
85914000250120052006 00102,397,6009,045,90011,443,50002,397,6009,045,90011,443,500
85914000250120042005 00102,397,6009,133,60011,531,20002,397,6009,133,60011,531,200
85914000250120032004 00102,397,6007,255,2009,652,80002,397,6007,255,2009,652,800
85914000250120022003 00102,397,6007,255,2009,652,80002,397,6007,255,2009,652,800
85914000250120012002 00103,196,8005,866,0009,062,80003,196,8005,866,0009,062,800
85914000250120002001 00103,196,8005,397,5008,594,30003,196,8005,397,5008,594,300
85914000250119992000 00103,196,8005,397,5008,594,30003,196,8005,397,5008,594,300
85914000250119981999 00101,998,0004,302,0006,300,00001,998,0004,302,0006,300,000
85914000250119971998 001000001,864,8004,435,2006,300,000
85914000250119961997 001000001,864,8004,435,2006,300,000
85914000250119951996 001000001,864,8004,435,2006,300,000
85914000250119941995 001000001,864,8004,435,2006,300,000
85914000250119921993 001000001,864,8004,935,2006,800,000
85914000250119901991 001000001,864,8004,935,2006,800,000
85914000250119881989 001000001,864,8003,635,2005,500,000
85914000250119871988 001000001,864,8003,635,2005,500,000
85914000250119861987 001000001,864,8003,635,2005,500,000
85914000250119841985 001000001,998,0002,332,0004,330,000
85914000250119821983 001000001,998,0002,332,0004,330,000

SALES HISTORY

Excise NumberRecording NumberDocument DateSale PriceSeller NameBuyer NameInstrumentSale Reason
1579375 199711211329 11/20/1997 $0.00MEYER BYRON R1ST & COLUMBIA GARAGE LLCStatutory Warranty DeedOther
1578931 199711201104 11/19/1997 $8,880,000.00U S BANK NATIONAL ASSOCIATIONMEYER BYRON RStatutory Warranty DeedNone

REVIEW HISTORY

Tax YearReview NumberReview TypeAppealed ValueHearing DateSettlement ValueDecisionStatus
20050400380Local Appeal$11,771,7001/1/1900$11,531,200REVISECompleted
19959403389Local Appeal$6,800,0001/1/1900$6,800,000SUSTAINCompleted
199547416State Appeal$6,800,0009/19/1995$6,300,000REVISE, ASSESSOR RECOMMENDEDCompleted
19878604338Local Appeal$7,641,0001/1/1900$5,500,000REVISECompleted

PERMIT HISTORY


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