10688 NE 10th St, Bellevue, WA 98004

Multifamily · Bellevue · Seattle-Bellevue metro, WA

Imagery suggests: apartments, appears multi-tenant. AI estimate from public imagery. In recent public imagery (2026-06), the building appears serviceable with visible wear. AI estimate from public imagery; may be outdated.

One of 248 reachable multifamily buildings in Bellevue. Larger than 96% of multifamily buildings in Bellevue (median 35,076 SF), derived from assessor records.

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Building size: 420,513 SF, King County Assessor
Lot size: 109,196 SF, King County Assessor
Year built: 2008, King County Assessor
Stories: 5, King County Assessor
Predominant use: 296-Unit Mixed-Use Apt Bldg, King County Assessor
Units: 296, King County Assessor
Assessed value: $124,200,000, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $295.35/SF, derived from assessor records
Lot coverage: 385%, derived from assessor records
Vintage: 2000s vintage
Zoning: DT-MU, King County
County use code: Apartment(Mixed Use)
Construction (observed): masonry, AI estimate from public imagery
Parking (observed): none visible, AI estimate from public imagery

Nearby comparable buildings

Same building type, by distance. Assessor facts only; not an opinion of value.

10710 NE 10th St, Bellevue · 0.1 mi · 457,220 SF · built 2008 · assessed $252.24/SF
1020 108th Ave NE, Bellevue · 0.1 mi · 291,713 SF · built 2007 · assessed $242.61/SF
900 108th Ave NE, Bellevue · 0.1 mi · 113,337 SF · built 1999 · assessed $164.79/SF
10349 NE 10th St, Bellevue · 0.2 mi · 657,751 SF · built 2009 · assessed $309.13/SF
11000 NE 10th St, Bellevue · 0.2 mi · 296,479 SF · built 2000 · assessed $302.23/SF
938 110th Ave NE, Bellevue · 0.2 mi · 228,494 SF · built 1998 · assessed $336.12/SF

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Sale history and market context

MakeMe Estimate: $130,344,271 (estimated market value), with a likely range of $119,057,032 to $134,516,358 (half of recent verified sales in this segment landed inside that range). Based on 98 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works. About $440K per unit at the midpoint (296 units).

Current ownership dates to 2013 (about 13 years) per recorded transfers.

2013-03-28: transfer from Bre Properties INC to Bre-Fmca LLC (non-market transfer), rec. 20130329002786

2004-11-19: $20,987,000 from Bellevue Towers Partnership to Bre Properties INC (part of a 2-parcel sale; price is the whole deal), rec. 20041129000397

2000-02-02: $14,485,000 from Cummins-Egge INC to Bellevue Towers Partnership (part of a 2-parcel sale; price is the whole deal), rec. 20000204000413

1996-02-29: transfer from Private party to Koon-Boen INC & Cummins-Egge INC (part of a 2-parcel sale; price is the whole deal), rec. 199603011217

Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.

Value over time

Solid line: county appraised value per King County tax rolls. Shaded range: our modeled estimate for each year, built from recorded arm's-length sales in the building's segment; years without enough sales stay unmodeled. Dots: recorded arm's-length sales. Not an appraisal. How this estimate works.

Land, site, and value history

Assessed value moved from $58,600,000 (2011) to $124,200,000 (2026), up 112% over 15 years, per county tax rolls. The 2026 roll splits $124,200,000 into $68,247,500 land and $55,952,500 improvements.

Zoning: DT-MU (per King County)

Lot: 109,196 sq ft

Rated views: Territorial

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Apartment 246,107 SF; Basement, Parking 162,403 SF; Restaurant, Table Service 6,037 SF; Retail Store 5,966 SF (county building sections)

County districts report (schools, fire, sewer, council; on kingcounty.gov)

Permit history

2021-06-28: Remodel, declared value $80,000 (Complete), permit 21 110051 BZ

2016-02-24: Remodel, declared value $85,000 (Complete), permit 15130283

2014-10-14: Remodel, declared value $200,000 (Complete), permit 14135710

2012-04-10: Remodel, declared value $176,345 (Complete), permit 12105561

2011-03-16: Remodel, declared value $271,000 (Complete), permit 10121890

2010-07-15: Remodel, declared value $56,884 (Complete), permit 10112789

2008-12-15: Remodel, declared value $50,000 (Complete), permit 08129276

2008-06-30: Building, New, declared value $38,204,744 (Complete), permit 06119800

2007-09-06: Other, declared value $494,000 (Complete), permit 06109427

2007-03-30: Building, New, declared value $8,597,670 (Complete), permit 06106655

Source: King County permit records (newest first).