Commercial · Bellevue · Seattle-Bellevue metro, WA
One of 259 reachable commercial buildings in Bellevue. Larger than 57% of commercial buildings in Bellevue (median 12,599 SF), derived from assessor records.
Usable building area
20,235 SF, King County Assessor
Lot size
159,554 SF, King County Assessor
Year built
2025, King County Assessor
Stories
4, King County Assessor
Buildings on parcel
2, King County Assessor
Predominant use
Single Family(res Use/Zone), King County Assessor
Assessed value
$11,503,400, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$568.49/SF, derived from assessor records
Usable area / lot
0.13, derived from assessor records
Vintage
2020s vintage
Zoning
OLB2, King County
County use code
Single Family(Res Use/Zone)
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
MakeMe Estimate: $14.6M (estimated market value), with a likely range of $12.1M to $17.6M (half of recent verified sales in this segment landed inside that range). Based on 4 verified arm's-length comparable sales (through 2026-06-01). Not an appraisal. How this estimate works.
lower confidence: 0 comparable sales within 3 miles; nearest 4.8 mi. This property type carries wider measured error; treat the estimate as a starting point. Recent sale check: this building sold for $18,000,000 in 2023; the estimate is about 19% apart. Treat the recorded trade as strong evidence alongside the model. Comparable-sale caveat: the estimate is 31% above the $551.66/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: Commercial in Bellevue
median verified sale $495.18/SF over the trailing 24 months; 4 sales in the last 12 months and 7 in 24 (newest verified sale 2026-04).
2023: $889.55/SF median (4 sales)
2024: $1,041/SF median (4 sales)
Computed from 172 verified arm's-length sales in King County public records (7 in the trailing 24 months). Free public records. Not an appraisal.
Last sold: 2023-05-30 for $18,000,000 (recorded arm's-length sale).
Current ownership dates to 2023 (about 3 years) per recorded transfers.
2023-05-30: $18,000,000 from Bluesun Bellevue LLC to Doe TH Development LLC, rec. 20230601000251
2019-12-19: $16,300,000 from Bellevue East LLC to Bluesun Bellevue LLC, rec. 20191230000279
2008-02-19: $15,300,000 from 160th Avenue Associates LLC to Bellevue East LLC, rec. 20080221001563
2000-02-11: $9,432,500 from New York Life Insurance CO to 160th Avenue Associates LLC, rec. 20000216001304
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 $13,948,800 (2011) to $11,503,400 (2026), down 18% over 15 years, per county tax rolls. The 2026 roll splits $11,503,400 into $10,051,900 land and $1,451,500 improvements.
Zoning: OLB2 (per King County)
Lot: 159,554 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Residence 20,235 SF (county building sections)