MakeMe Estimate: $5.32M (estimated market value), with a likely range of $4.31M to $6.16M (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.
lower confidence: 5 comparable sales within 3 miles; nearest 0.5 mi. This property type carries wider measured error; treat the estimate as a starting point. Last arm's-length sale: $5,500,000 in 2022. The market has moved since; the estimate reflects current county values and ratios, not that price. Comparable-sale caveat: the estimate is well above (more than double apart from) the $162.83/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: Retail in Auburn
median verified sale $315.13/SF over the trailing 24 months; 8 sales in the last 12 months and 13 in 24 (newest verified sale 2026-05); the middle 80% of recent sales traded at 0.67x to 2.75x their county assessed value, median 1.34x (12 sales with usable county values).
2022: $447.96/SF median (6 sales)
2023: $394.71/SF median (9 sales)
2024: $510.60/SF median (4 sales)
2025: $397.48/SF median (6 sales)
This estimate sits at 0.98x county assessed value, the 33rd percentile of those recent sale premiums.
Computed from 287 verified arm's-length sales in King County public records (13 in the trailing 24 months). Free public records. Not an appraisal.
Last sold: 2022-07-26 for $5,500,000 (recorded arm's-length sale).
Current ownership dates to 2022 (about 4 years) per recorded transfers.
2022-07-26: $5,500,000 from Horsey Partners LLC to MMRT Property LLC, rec. 20220801000006
2017-07-28: $4,100,000 from Freddie's Development LLC to Horsey Partners LLC, rec.
2003-02-07: $2,200,000 from Private party to Freddie's Development LLC (non-market transfer), rec. 20030211002594
2003-02-07: transfer from GSG Corporation to Private party (non-market transfer), rec. 20030211002593
1998-02-06: $1,200,000 from Private party to Private party, rec. 199802061284
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 $1,871,900 (2011) to $5,437,000 (2026), up 190% over 15 years, per county tax rolls. The 2026 roll splits $5,437,000 into $1,342,500 land and $4,094,500 improvements.
Zoning: C3 (per King County)
Lot: 67,127 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Casino 12,278 SF (county building sections)