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King County Department of Assessments

Setting values, serving the community, and promoting fairness and equity.

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

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PARCEL DATA
Parcel882530-0370
NameRANKICH KOBE
Site Address4540 8TH AVE NE #702 98105
Geo Area 17-40
Spec Area 700-110
Property NameUNIVERSITY PLAZA CONDOMINIUM
JurisdictionSEATTLE
Levy Code0013
Property Type K
Plat Block / Building Number
Plat Lot / Unit NumberAPT 702
Quarter-Section-Township-Range SE-8 -25-4
Legal Description
UNIVERSITY PLAZA - CONDOMINIUM PCT OF VALUE 0.73
PLat Block:
Plat Lot: APT 702


LAND DATA
  Click the camera to see more pictures.
Picture
Highest & Best Use As If VacantMULTI-FAMILY DWELLING
Highest & Best Use As ImprovedPRESENT USE
Present UseCondominium(Residential)
Land SqFt54,280
Acres1.25
Percentage Unusable 
UnbuildableNO
Restrictive Size ShapeNO
ZoningSM-U 95-320 (M1)
WaterWATER DISTRICT
Sewer/SepticPUBLIC
Road AccessPUBLIC
ParkingADEQUATE
Street SurfacePAVED
Views Waterfront
RainierAVERAGE
TerritorialEXCELLENT
Olympics
Cascades
Seattle SkylineEXCELLENT
Puget Sound
Lake WashingtonAVERAGE
Lake Sammamish
Lake/River/CreekEXCELLENT
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



Apartment / Condo Complex Data 
Complex TypeRes Condo
Complex Description136 UNIT CONDO
Value Distribution MethodPcnt Land Val
# of Bldgs1
# of Stories23
# of Units136
Avg Unit Size1,042
Land Per Unit400
Project LocationAVERAGE
Project AppealAVERAGE
% With View0
Construction ClassREINFORCED CONCRETE
Building QualityGOOD
ConditionAverage
Year Built1974
Eff Year1974
% Complete100
ElevatorsY
Security SystemY
FirePlaceN
LaundryPRIVATE
Kitchens
# of Meals0
Founder's Fee
Apt ConversionN
Condo Land TypeFee Simple





Condo Unit
UnitMinor BuildingFloor Unit Year BuiltUnit Eff Year Unit typeRegression QualityLocation Condition
702 0370 01 07 1974 1974 Flat Include Good Standard Good

Measurement Size Bed Room 1/2 Bath 3/4 Bath Full Bath Other Room Fire Place Top Floor End Unit
SqFt 1,120 2 0 0 2 N N Y

Parking Open Carport Parking Basement Parking Basement Tandem Parkage Garage Parkage Garage Tandem Parking Other
0 0 1 0 0 0

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

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
88253003700220242025 0013247,600281,400529,0000247,600281,400529,000
88253003700220232024 0010247,600303,400551,0000247,600303,400551,000
88253003700220222023 0010247,600266,400514,0000247,600266,400514,000
88253003700220212022 0010247,600246,400494,0000247,600246,400494,000
88253003700220202021 0010247,600215,400463,0000247,600215,400463,000
88253003700220192020 0010148,500399,500548,0000148,500399,500548,000
88253003700220182019 0010106,900429,100536,0000106,900429,100536,000
88253003700220172018 001093,100323,900417,000093,100323,900417,000
88253003700220162017 001083,100279,900363,000083,100279,900363,000
88253003700220152016 001079,200259,800339,000079,200259,800339,000
88253003700220142015 001069,300264,700334,000069,300264,700334,000
88253003700220132014 001047,500195,500243,000047,500195,500243,000
88253003700220122013 001045,500179,500225,000045,500179,500225,000
88253003700220112012 001045,500232,500278,000045,500232,500278,000
88253003700220102011 001045,500228,500274,000045,500228,500274,000
88253003700220092010 001045,500266,500312,000045,500266,500312,000
88253003700220082009 001045,500282,500328,000045,500282,500328,000
88253003700220072008 001037,600246,400284,000037,600246,400284,000
88253003700220062007 001029,700222,300252,000029,700222,300252,000
88253003700220052006 001029,700216,300246,000029,700216,300246,000
88253003700220042005 001027,600208,400236,000027,600208,400236,000
88253003700220032004 001027,700208,300236,000027,700208,300236,000
88253003700220022003 001023,700210,300234,000023,700210,300234,000
88253003700220012002 001023,700195,800219,500023,700195,800219,500
88253003700220002001 001021,700165,100186,800021,700165,100186,800
88253003700219992000 001015,800149,200165,000015,800149,200165,000
88253003700219981999 001015,800149,200165,000015,800149,200165,000
88253003700219971998 0010000015,200149,800165,000
88253003700219961997 0010000015,200149,800165,000
88253003700219941995 0010000015,200149,800165,000
88253003700219921993 0010000015,200139,800155,000
88253003700219901991 0010000016,200136,700152,900
88253003700219891990 0010000015,90074,10090,000
88253003700219881989 0010000015,90074,10090,000
88253003700219861987 0010000015,90090,100106,000
88253003700219841985 0010000015,90090,100106,000
88253003700219821983 0010000015,90090,100106,000

SALES HISTORY

Excise NumberRecording NumberDocument DateSale PriceSeller NameBuyer NameInstrumentSale Reason
3288484 20240628000773 6/26/2024 $498,000.00NG PHILLIP HONG+ANITA LING+ET AL RANKICH KOBEWarranty DeedNone
2930668 20180517000902 5/11/2018 $545,000.00MARTIN JUDY DORIS MAENG PHILLIP HONG+ANITA LING NG-FAMILY TRUST+TTEESStatutory Warranty DeedNone
2649114 20140109000734 8/16/2013 $0.00WORLEY JAMES ARNOLDWORLEY DORIS MAEQuit Claim DeedDivorce Settlement
2554483 20120719001173 7/16/2012 $315,000.00HAYES SHANNON F+STEPHEN LWORLEY JAMES ARNOLD+DORIS MAEStatutory Warranty DeedNone
1960685 20030523002463 5/16/2003 $206,000.00FARBER DANIEL P ET AL TRUSTEESHAYES SHANNON F+ STEPHEN LStatutory Warranty DeedNone
1730599 20000104001549 12/28/1999 $0.00FARBER RUTHBALDWIN ANN F ET ALQuit Claim DeedTrust

REVIEW HISTORY

Tax YearReview NumberReview TypeAppealed ValueHearing DateSettlement ValueDecisionStatus
19898801863Local Appeal$106,00012/13/1988$90,000REVISE, ASSESSOR RECOMMENDEDCompleted

PERMIT HISTORY


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