13166 NE 15th St, Bellevue, WA 98005

Multifamily · Bellevue · Seattle-Bellevue metro, WA

One of 271 reachable multifamily buildings in Bellevue. Larger than 96% of multifamily buildings in Bellevue (median 30,736 SF), derived from assessor records.

Usable building area
267,602 SF, King County Assessor
County gross area
376,589 SF, King County Assessor
Excluded area
108,987 SF outside primary usable area
Lot size
65,634 SF, King County Assessor
Year built
2025, King County Assessor
Stories
8, King County Assessor
Predominant use
Apartment, King County Assessor
Units
288, King County Assessor
Assessed value
$105,321,386, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$393.57/SF, derived from assessor records
Usable area / lot
4.08, derived from assessor records
Vintage
2020s vintage
Zoning
BR-RC-1, King County
County use code
Apartment

Nearby comparable buildings

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

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Sale history and market context

MakeMe Estimate: $114M (estimated market value), with a likely range of $109M to $124M (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. About $394K per unit at the midpoint (288 units).

lower confidence: 3 comparable sales within 3 miles; nearest 1.3 mi. Last arm's-length sale: $18,200,000 in 2022. The market has moved since; the estimate reflects current county values and ratios, not that price.

Comparable sales used as evidence

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: Multifamily in Bellevue

median verified sale $471.08/SF over the trailing 24 months; median $437,500 per unit; 6 sales in the last 12 months and 12 in 24 (newest verified sale 2026-05); the middle 80% of recent sales traded at 0.85x to 1.29x their county assessed value, median 1.17x (12 sales with usable county values).

  • 2022: $441.89/SF median (4 sales)
  • 2023: $529.05/SF median (4 sales)
  • 2024: $600.73/SF median (4 sales)
  • 2025: $471.08/SF median (6 sales)

This estimate sits at 1.08x county assessed value, the 50th percentile of those recent sale premiums.

Computed from 331 verified arm's-length sales in King County public records (12 in the trailing 24 months). Free public records. Not an appraisal.

Last sold: 2022-02-28 for $18,200,000 (recorded arm's-length sale).

Current ownership dates to 2022 (about 4 years) per recorded transfers.

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

Land, site, and value history

Taxes

Permit history

Source: King County permit records (newest first).