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1000 2nd Avenue

1000 2nd Avenue, Seattle, WA 98104
Local assessors in Seattle, WA have categorized 1000 2nd Avenue as a office type of property. The home was built in 1986 and is 38 years old. It was most recently renovated and altered in 2005. The property's lot size has been calculated to be 25,920 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. This is a 41 story home so residents will need to have climb at least one set of stairs on a daily basis.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 1000 2nd Avenue is a 1 code building. This code stands for "buildings that have fireproofed structural steel frames carrying all wall, floor and roof loads. The walls, floors and roof structures are built of non-combustible materials.". The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 129,432 sqft. There are 405 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with steel control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The home's a heat pump is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $1,716,733 in taxes each year. 1000 2nd Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $189,062,000. If we break it down further, the land itself was valued at $41,472,000. Improvements to the property, however, were assessed at a total of $147,590,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: B
  • Construction Type: Steel
  • Building Style: Custom
  • Floor Count: 41
  • Business/Commerical Units Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 129,432
  • Parking Space Count: 405

    Dimensions

  • Lot Size Square Feet: 25,920
  • Total Building Area: 589,921
  • Gross Building Area: 589,921
  • Building Area: 589,921
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Heat pump
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Building Type: Fireproof structural steel frames/Non-combustible materials
  • Property Class: Office
  • Subdivision: BOREN & DENNYS ADD
  • Land Acres: 0.595
  • Standard Land Use Code: Commercial office (general)
  • Legal Description 1: BOREN & DENNYS ADD TGW POR VAC SPRING ST ADJ LESS POR FOR 2ND AVE PER VAC ORD 113092

Ownership

  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Seattle School District
  • Census Tract: 008102

Zoning

  • Zoning: DOC1 U/450

Geography

  • Account Number: 093900047502
  • District: SEATTLE
  • Parcel: 093900-0475
  • Block: 11
  • Lot: 1&4-5
  • Meridian: SEC 31 TWN 25 RNG 04
  • Municipality: SEATTLE
  • Latitude: 47.6057
  • Longitude: -122.335

    Address

  • Full Address: 1000 2nd Ave
  • Address - House Number: 1000
  • Address - Street Name: 2nd
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Seattle
  • Carrier Code: C030
  • 4-Digit Zip Code: 1094
  • Zip Code: 98104

Valuation

    Tax

  • Total Area: 440,369
  • Tax Year: 2024
  • Tax Amount: $1,716,733
  • Tax Rate Code Area: 0011

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $345,000,000
  • First Open Lien Mortgage Lender: GOLDMAN SACHS MORTGAGE COMPANY
  • First Open Lien Mortgage Recording Date: Mar 19, 2015
  • First Open Lien Mortgage Loan Amount: $345,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $189,062,000
  • Market Land Value: $41,472,000
  • Market Improvement Value: $147,590,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $189,062,000
  • Assessed Land Value: $41,472,000
  • Assessed Improvements Value: $147,590,000

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Frequently Asked Questions

What neighborhood is 1000 2nd Avenue located in?
The 1000 2nd Avenue is a located in the neighborhood of Central Business District in Downtown Seattle, Seattle.
What is the average sales price for listings in 1000 2nd Avenue?
The average sales price for units in 1000 2nd Avenue is $0 currently.

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