Seattle · Commercial sale
DLH R and D buy 4517 University Way NE in Seattle for $3 million
A retail building at 4517 University Way NE, Seattle sold for $3,000,000 on September 29, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $3,000,000
- Sold
- September 29, 2026
- Property type
- Retail building
- Lot size
- 6,695 sq ft
A retail building at 4517 University Way NE in Seattle sold for $3,000,000 on September 29, 2026. That price was 41% below its recorded market value, according to the King County Department of Assessments' sales records.
The record lists Cairns Investments LLC and Kalberg Building LLC as the seller. DLH R and D LLC is listed as the buyer.
The Assessor's records show a 6,695-square-foot lot and a market value on record of $5,061,500.
This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.
What were the closing costs in King County?
By our estimate, the seller's two largest charges, not counting prorations, were $59,137.50 for the state real estate excise tax (graduated) and $15,000 for the local real estate excise tax (0.50%). Who pays what follows King County custom.
How much did the seller net?
By our estimate, the seller netted about $2,911,341. That is before any broker commissions and any loan payoff.
How much cash did the buyer bring to closing?
A cash buyer would need about $2,994,273 at closing. That covers the full price and closing costs.
Source: King County Department of Assessments, real property sales, document 3397108. Property details: King County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
