Seattle · Commercial sale

Elevate Wedgwood buys 8320 Lake City Way NE in Seattle for $6.31 million

An apartment complex at 8320 Lake City Way NE, Seattle sold for $6,312,000 on August 10, 2026. See the seller and buyer net sheets for this sale.

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Aerial view of 8320 Lake City Way NE, Seattle with the parcel outlined
Aerial photo: U.S. Geological Survey. Parcel outline: King County Assessor. The photo can predate the sale.
Sale price
$6,312,000
Sold
August 10, 2026
Property type
Apartment complex
Lot size
14,748 sq ft

The apartment complex at 8320 Lake City Way NE in Seattle sold for $6,312,000 on August 10, 2026, below its recorded market value of $6,792,000, according to the King County Department of Assessments' sales records.

The record lists Elevate Wedgwood LLC as the buyer and Vista Point Apartments LLC as the seller.

Assessor's records show the property sits on a 14,748-square-foot lot.

What this sale costs to close

What does closing cost at this price? Under King County custom the seller's larger charges are $158,435 for the state real estate excise tax (graduated) and $31,560 for the local real estate excise tax (0.50%). The seller's estimated net is $6,073,370 before brokerage commissions and any loan payoff. A cash buyer would need about $6,278,453 at closing.

Run this net sheet with your numbers (free)

8320 Lake City Way NE, Seattle, WA.

Source: King County Department of Assessments, real property sales, document 3390978. 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.

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