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1111 Mercer St; Seattle, WA Property Details

1111 Mercer St, Seattle, WA is a Commercial Office that was built in 2009. This property is currently a cash purchase and is not for sale. Our records show that 1111 Mercer St has a total of 271,071 square feet. The lot size of 1111 Mercer St is 49,198 square feet.

Off market
500 Boren Ave N Seattle, WA 98170
$110,233,936 Listing Price
271,071 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2009
  • Purchase Price: $110,233,936
  • APN: 198320-0585
  • Situs County: King
  • Length Of Ownership: 13 years, 8 months

Structure

  • Building Style: Concrete
  • Stories: 5
  • Building Quality: A
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 271,071/SqFt
  • Lot: 49,198/SqFt
  • Gross: 271,071/SqFt
  • Garage: 98,700/SqFt
  • Building: 271,071/SqFt
  • Price Per Square Foot: $406.66

Legal Description

  • Description: DENNYS DT 1ST ADD LESS C/M RGTS LESS POR FOR ALLEY PER DEED REC #20081229000044 & LESS POR LOT 14 FOR RD PER DEED REC #20090910001142 & 20090910001143
Building Insights

Land Information

  • Property Type: Commercial Office
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Seattle Public Schools
  • Lat / Lon: 47.623898 / -122.33545
  • Subdivision: Dennys D T 1st Add
  • Property Class: Office
  • Zoning: SM-SLU 175
  • County Use Code: 106

Amenities

  • Plus Four: 0102
  • Cooling: Central
  • Garage: Garage
  • Heating: Yes
  • Parking: 309

Ownership Info

500 Boren Ave N has no associated ownership info
500 Boren Ave N has no associated ownership info.

Taxes

500 Boren Ave N has 10 associated Taxes items

1111 Mercer St, Seattle, WA pays taxes in King County, WA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $65,667,000. The APN we've located for 1111 Mercer St is 198320-0585.

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Taxes
  • Assessed Value:  $65,667,000
  • Assessed Year:  2025
  • Assessed County:  King
  • APN:  198320-0585
  • Assessed Land Value:  46738100
  • Market Land Value:  46738100
  • Tax Amount:  662101.05
  • Tax Year:  2026
  • Market Value:  65667000
  • Market Year:  2025

Tax History

500 Boren Ave N has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value Land Value Improvement Value Tax Amount $662,101.06 Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $65,667,000 Land Value $46,738,100 Improvement Value $18,928,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $68,720,000 Land Value $46,738,100 Improvement Value $21,981,900 Tax Amount $952,764.31 Change Rate +0.057591% Assessed CR Tax Rate +0.013864%
Year 2023 Assessed Value $104,156,000 Land Value $46,738,100 Improvement Value $57,417,900 Tax Amount $900,881.38 Change Rate -0.091295% Assessed CR Tax Rate +0.008649%
Year 2022 Assessed Value $109,818,000 Land Value $38,128,400 Improvement Value $71,689,600 Tax Amount $991,390.56 Change Rate -0.075355% Assessed CR Tax Rate +0.009028%
Year 2021 Assessed Value $111,290,000 Land Value $38,128,400 Improvement Value $73,161,600 Tax Amount $1,072,184.5 Change Rate +0.036698% Assessed CR Tax Rate +0.009634%
Year 2020 Assessed Value $114,272,000 Land Value $38,128,400 Improvement Value $76,143,600 Tax Amount $1,034,230.06 Change Rate +0.157183% Assessed CR Tax Rate +0.009051%
Year 2019 Assessed Value Land Value Improvement Value Tax Amount $893,748 Change Rate -0.106263% Assessed CR Tax Rate
Year 2018 Assessed Value $107,020,000 Land Value $33,946,600 Improvement Value $73,073,400 Tax Amount $1,000,012.19 Change Rate Assessed CR Tax Rate +0.009344%
Year 2017 Assessed Value $103,886,000 Land Value $28,288,800 Improvement Value $75,597,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $88,331,000 Land Value $21,155,100 Improvement Value $67,175,900 Tax Amount $834,169.06 Change Rate +0.040216% Assessed CR Tax Rate +0.009444%
Year 2015 Assessed Value $87,356,000 Land Value $18,449,200 Improvement Value $68,906,800 Tax Amount $801,918.88 Change Rate Assessed CR Tax Rate +0.00918%
Year 2014 Assessed Value $85,931,000 Land Value $18,449,200 Improvement Value $67,481,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $82,392,000 Land Value $8,363,600 Improvement Value $74,028,400 Tax Amount Change Rate Assessed CR Tax Rate