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801 2nd Avenue

801 2nd Avenue, Seattle, WA 98104
Local assessors in Seattle, WA have categorized 801 2nd Avenue as a office type of property. The home was built in 1958 and is 66 years old. It was most recently renovated and altered in 2000. The property's lot size has been calculated to be 28,200 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. This is a 17 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. 801 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 84,600 sqft. There are 265 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 801 2nd Avenue was last sold in Nov 18, 2021 for $147,250,000. According to our calculations, that's $443.93 per sqft. Current property owners are expected to pay $996,792 in taxes per year. The property on 801 2nd Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $109,484,000. To break that down further, the land itself was valued at $42,300,000. While improvements to the property were assessed at a total of $67,184,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or 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: 1958
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: B
  • Construction Type: Steel
  • Building Style: Custom
  • Floor Count: 17
  • Business/Commerical Units Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 84,600
  • Parking Space Count: 265

    Dimensions

  • Lot Size Square Feet: 28,200
  • Total Building Area: 331,695
  • Gross Building Area: 331,695
  • Building Area: 331,695
  • 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: 0.647
  • Standard Land Use Code: Commercial office (general)
  • Legal Description 1: BOREN AND DENNYS ADD LESS ST & POR OF VAC ALLEY ADJ

Ownership

  • Current Owner : HINES NORTON SEATTLE LLC
  • Previous Owner : THE NORTON BUILDING LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: DMC 340/29

Geography

  • Account Number: 093900035507
  • District: SEATTLE
  • Parcel: 093900-0355
  • Block: 8
  • Lot: 5-8
  • Meridian: SEC 31 TWN 25 RNG 04
  • Municipality: SEATTLE
  • Latitude: 47.6038
  • Longitude: -122.334

    Address

  • Full Address: 801 2nd Ave
  • Address - House Number: 801
  • Address - Street Name: 2nd
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Seattle
  • Carrier Code: C040
  • 4-Digit Zip Code: 1576
  • Zip Code: 98104

Valuation

    Tax

  • Total Area: 247,095
  • Tax Year: 2024
  • Tax Amount: $996,792
  • Tax Rate Code Area: 0011

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $91,100,000
  • First Open Lien Mortgage Lender: METLIFE REAL ESTATE LENDING LL
  • First Open Lien Mortgage Recording Date: Jan 24, 2022
  • First Open Lien Mortgage Loan Amount: $91,100,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $109,484,000
  • Market Land Value: $42,300,000
  • Market Improvement Value: $67,184,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $109,484,000
  • Assessed Land Value: $42,300,000
  • Assessed Improvements Value: $67,184,000

    Sales

  • Current Sale Contract Date: Nov 18, 2021
  • Current Sale Recording Date: Nov 18, 2021
  • Current Sale Transaction ID: 11869147974
  • Current Sale Price: $147,250,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 20211118000830

About Downtown Seattle



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Frequently Asked Questions

What neighborhood is 801 2nd Avenue located in?
The 801 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 801 2nd Avenue?
The average sales price for units in 801 2nd Avenue is $0 currently.

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