MakeMe Estimate: $2.45M (estimated market value), with a likely range of $1.98M to $2.83M (half of recent verified sales in this segment landed inside that range). Based on 8 verified arm's-length comparable sales (through 2026-06-01). Not an appraisal. How this estimate works.
lower confidence: 1 comparable sale within 3 miles; nearest 2.2 mi. This property type carries wider measured error; treat the estimate as a starting point. Last arm's-length sale: $2,900,000 in 2021. The market has moved since; the estimate reflects current county values and ratios, not that price. Comparable-sale caveat: the estimate is well above (more than double apart from) the $603.82/SF median of the shown comparable sales.
Recorded arm's-length sales of similar buildings nearby; nearer and more recent sales rank first. Buyer and seller names are withheld. Get this data via API.
Market context: Retail in Bellevue
median verified sale $545.45/SF over the trailing 24 months; 1 sales in the last 12 months and 5 in 24 (newest verified sale 2025-05).
2021: $734.18/SF median (6 sales)
2022: $1,593/SF median (5 sales)
Computed from 183 verified arm's-length sales in King County public records (5 in the trailing 24 months). Free public records. Not an appraisal.
Last sold: 2021-06-25 for $2,900,000 (recorded arm's-length sale).
Current ownership dates to 2021 (about 5 years) per recorded transfers.
2021-06-25: $2,900,000 from Jab Properties LLC to Legacy Main Street LLC, rec. 20210625001635
2006-01-03: transfer from Private party to Jab Properties LLC (non-market transfer), rec. 20060112000110
2004-11-11: $750,000 from Private party to Private party, rec. 20041112000820
1999-10-01: $400,000 from Private party to Private party, rec. 19991020000313
Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.
Value over time
Dark line: county assessed value per King County tax rolls. Blue line: our estimate; dashed years are a modeled backcast built from recorded arm's-length sales in the building's segment, not estimates published at the time, and years without enough sales stay unmodeled. The shaded range is the model's measured error band; about half of verified sales in the segment land inside it. Diamonds: recorded arm's-length sales. Not an appraisal. How this estimate works.
Land, site, and value history
Assessed value moved from $778,500 (2011) to $2,422,000 (2026), up 211% over 15 years, per county tax rolls. The 2026 roll splits $2,422,000 into $1,575,000 land and $847,000 improvements.
Zoning: DT-OB (per King County)
Lot: 3,000 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Retail Store 1,730 SF (county building sections)