308 108th Ave NE, Bellevue, WA 98004

Multifamily · Bellevue · Seattle-Bellevue metro, WA

Imagery suggests: urban apartments, 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 AI estimate from public imagery; may be outdated.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 248 reachable multifamily buildings in Bellevue. Larger than 94% of multifamily buildings in Bellevue (median 35,076 SF), derived from assessor records.

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Building size: 394,761 SF, King County Assessor
Lot size: 89,574 SF, King County Assessor
Year built: 2000, King County Assessor
Stories: 4, King County Assessor
Predominant use: 249-Unit Mixed-Use Apt Complex, King County Assessor
Units: 249, King County Assessor
Assessed value: $100,646,000, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $254.95/SF, derived from assessor records
Lot coverage: 441%, derived from assessor records
Vintage: 2000s vintage
Zoning: DT-MU, King County
County use code: Apartment(Mixed Use)
Parking (observed): none visible, 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.

290 106th Pl NE, Bellevue · 0.1 mi · 113,819 SF · built 2025 · assessed $130.77/SF
288 111th Ave NE, Bellevue · 0.1 mi · 64,514 SF · built 2017 · assessed $387.57/SF
288 106th Ave NE, Bellevue · 0.2 mi · 227,308 SF · built 2014 · assessed $365.97/SF
258 106th Ave NE, Bellevue · 0.2 mi · 190,444 SF · built 2016 · assessed $368.92/SF
225 112th Ave NE, Bellevue · 0.2 mi · 79,233 SF · built 1997 · assessed $266.15/SF
317 112th Ave NE, Bellevue · 0.2 mi · 519,394 SF · built 2008 · assessed $267.73/SF

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Sale history and market context

MakeMe Estimate: $115,755,785 (estimated market value), with a likely range of $105,731,845 to $119,460,921 (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 $465K per unit at the midpoint (249 units).

Current ownership dates to 1999 (about 27 years) per recorded transfers.

4 administrative transfers (no consideration), 1999 to 2009

1998-08-13: $3,800,000 from Private party to Bre Builders INC (part of a 6-parcel sale; price is the whole deal), rec. 199808171962

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 $40,892,000 (2011) to $100,646,000 (2026), up 146% over 15 years, per county tax rolls. The 2026 roll splits $100,646,000 into $55,983,700 land and $44,662,300 improvements.

Zoning: DT-MU (per King County)

Lot: 89,574 sq ft

Rated views: Cascades, Territorial

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Apartment 223,703 SF; Basement, Parking 159,517 SF; Retail Store 11,541 SF (county building sections)

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

Permit history

2019-11-19: Remodel, declared value $50,000 (Complete), permit 19 121574 BY

2019-06-07: Remodel, declared value $75,000 (Complete), permit 19 115349 BZ

2016-01-14: Remodel, declared value $50,000 (Complete), permit 15129545

2013-11-05: Accessory, New, declared value $1,279,199 (Complete), permit 13120196

2012-10-08: Remodel, declared value $232,450 (Complete), permit 12121310

1999-05-20: Building, New, declared value $6,900,642 (Complete), permit BPMF7986058

1999-05-20: Building, New, declared value $4,049,597 (Complete), permit BPMF7986059

1999-05-20: Building, New, declared value $3,658,056 (Complete), permit BPMF7986060

1999-05-20: Building, New, declared value $3,658,056 (Complete), permit BPMF7986064

1999-05-20: Building, New, declared value $3,658,056 (Complete), permit BPMF7986062

Source: King County permit records (newest first).