207 Park Ln, Kirkland, WA 98033

Multifamily · Kirkland · Seattle-Bellevue metro, WA

Imagery suggests: mid-rise mixed-use, appears multi-tenant. AI estimate from public imagery. In recent public imagery (2026-06), the building appears well maintained. AI estimate from public imagery; may be outdated.

One of 188 reachable multifamily buildings in Kirkland. Larger than 92% of multifamily buildings in Kirkland (median 8,700 SF), derived from assessor records.

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Building size: 204,528 SF, King County Assessor
Lot size: 41,995 SF, King County Assessor
Year built: 2017, King County Assessor
Stories: 5, King County Assessor
Predominant use: 128-Unit Mixed-Use Apt, King County Assessor
Units: 128, King County Assessor
Assessed value: $75,263,000, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $367.98/SF, derived from assessor records
Lot coverage: 487%, derived from assessor records
Vintage: 2010s vintage
Zoning: CBD 1B, King County
County use code: Apartment(Mixed Use)
Construction (observed): masonry, AI estimate from public imagery
Parking (observed): street only, AI estimate from public imagery
Frontage (observed): mid block, AI estimate from public imagery

Nearby comparable buildings

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

140 Lake St S, Kirkland · 0.1 mi · 286,694 SF · built 2023 · assessed $319.82/SF
255 4th Ave, Kirkland · 0.1 mi · 10,520 SF · built 1990 · assessed $307.89/SF
312 Central Way, Kirkland · 0.1 mi · 133,558 SF · built 2020 · assessed $282.89/SF
117 Lake St S, Kirkland · 0.1 mi · 15,256 SF · built 1927 · assessed $312.93/SF
244 4th Ave, Kirkland · 0.1 mi · 2,950 SF · built 1959 · assessed $490.51/SF
128 State St S, Kirkland · 0.2 mi · 190,124 SF · built 2007 · assessed $250.11/SF

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Sale history and market context

MakeMe Estimate: $82,447,186 (estimated market value), with a likely range of $75,307,624 to $85,086,173 (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 $644K per unit at the midpoint (128 units).

Last sold: 2018-08-01 for $89,372,000 (recorded arm's-length sale).

Current ownership dates to 2018 (about 8 years) per recorded transfers.

2018-08-01: $89,372,000 from Kirkland Main ST LP to Private party, rec. 20180801000434

2016-06-23: $100,000 from Access Properties LLC to Kirkland Main ST LP (part of a 4-parcel sale; price is the whole deal), rec. 20160628000356

2015-03-30: $12,000,000 from Adrienne Alexandra LLC to Kirkland Main Street ST LP, rec. 20150331001219

2014-11-22: transfer from Private party to Adrienne Alexandra LLC (non-market transfer), rec. 20141126001496

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 $3,847,500 (2011) to $75,263,000 (2026), up 1856% over 15 years, per county tax rolls. The 2026 roll splits $75,263,000 into $10,288,700 land and $64,974,300 improvements.

Zoning: CBD 1B (per King County)

Lot: 41,995 sq ft

Rated views: Cascades, Territorial, Lake Washington

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Apartment 121,863 SF; Underground Parking Structure 51,962 SF; Parking Structure 17,526 SF; Retail Store 13,177 SF (county building sections)

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

Permit history

2026-02-18: Electrical, declared value $1,200, permit ENR26-01172

2025-05-27: Electrical, declared value $1,122, permit ELV25-03950

2024-07-23: Electrical, declared value $5,500 (Screened), permit ENR24-05536

2024-05-22: Electrical, declared value $8,500 (Screened), permit ENR24-02332

2024-04-05: Other, declared value $1,200 (Screened), permit FIR24-02348

2024-03-26: Electrical, declared value $1,200 (Screened), permit ELV24-02309

2023-12-13: Other, declared value $40,000 (Screened), permit MMU23-09169

2023-05-15: Remodel, declared value $75,000 (Screened), permit BNR23-00128

2023-01-30: Sign, declared value $8,487 (Screened), permit SGN22-09794

2023-01-04: Other, declared value $5,756 (Screened), permit FIR22-09512

Source: King County permit records (newest first).