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    5101 25th NE Ave Seattle, WA 98105-3225
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    Property profile & analytics

    5101 25th NE Ave, Seattle, WA 98105-3225

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    • Assisted living facilities
    • 119,102 SF
    • 2.59 lot acres
    Off-Market
    Last Sale Sep 23, 2020
    $57,147,200
    Property ID
    US90-1344368
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Village Kids Dentistry / Dental Office
    • City Eyeworks / Physician
    • Sage Salon / Hair Salon
    • The Corydon / Apartment Building
    • Mamma Melina Ristorante & Pizzeria / Restaurant

    Property Details for 5101 25th NE Ave

    Year built
    2008
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.59 lot acres
    Zone code
    LR3 (M)
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    717480-0169
    APU
    7174800169

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 23, 2020 $57,147,200 Mg At University LLC Mgp 44 LLC Warranty Deed $459.6M · Prudential Insurance Of America
    Dec 5, 2011 $13,849,449 Mgp 44 LLC Merrill Gardens At University Villa Warranty Deed —
    Jun 8, 2006 — John M Stone Srmk LLC Quit Claim Deed —
    Nov 10, 2005 $2,730,000 C 1031 Properties INC Seattle Eye Building Corp Warranty Deed —
    — — Merrill Gardens Of Univ Vlg LLC — Deed Of Trust · related $8.2M · Bank Of America
    — — Merrill Gardens Of Univ Vlg LLC — Deed Of Trust · related $48.5M · Us Bank NA

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      Off market
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $54,229,000
      Market price range: $12.4M - $54.2M
    • Alternative Use

      Use
      Estimation
      HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
      $36,525,000
      Current use
      RESTAURANT
      $62,500,000
      Change: +71% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $60,265,000
      Change: +65% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $49,000,000
      Change: +34% Conversion: Difficult
      RETAIL STORES
      $47,760,000
      Change: +31% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $43,475,000
      Change: +19% Conversion: Difficult
      OFFICE BUILDING
      $42,090,000
      Change: +15% Conversion: Difficult
      MEDICAL BUILDING
      $40,955,000
      Change: +12% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.301
    Latitude
    47.6672
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $518,815
    $20,503,900
    $41,205,500
    $61,709,400
    -
    $20,503,900
    $41,205,500
    $61,709,400
    More about this property
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