500 Baker Blvd, Tukwila, WA 98188

Multifamily · Tukwila · Seattle-Bellevue metro, WA

One of 102 reachable multifamily buildings in Tukwila. Larger than 98% of multifamily buildings in Tukwila (median 23,104 SF), derived from assessor records.

Usable building area
232,635 SF, King County Assessor
County gross area
373,516 SF, King County Assessor
Excluded area
140,881 SF outside primary usable area
Lot size
80,500 SF, King County Assessor
Year built
2024, King County Assessor
Stories
5, King County Assessor
Predominant use
Mixed Use Building, King County Assessor
Units
285, King County Assessor
Assessed value
$73,694,043, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$316.78/SF, derived from assessor records
Usable area / lot
2.89, derived from assessor records
Vintage
2020s vintage
Zoning
TUC-TOD, King County
County use code
Apartment(Mixed Use)

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: $72.7M (estimated market value), with a likely range of $69.4M to $79.2M (half of recent verified sales in this segment landed inside that range). Based on 6 verified arm's-length comparable sales (through 2026-06-01). Not an appraisal. How this estimate works. About $255K per unit at the midpoint (285 units).

lower confidence: 2 comparable sales within 3 miles; nearest 1.8 mi. Recent sale check: this building sold for $8,600,000 in 2023; the estimate is about 745% apart. Treat the recorded trade as strong evidence alongside the model.

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 Tukwila

median verified sale $236.34/SF over the trailing 24 months; median $196,667 per unit; 4 sales in the last 12 months and 5 in 24 (newest verified sale 2025-04).

  • 2022: $247.28/SF median (4 sales)
  • 2025 YTD: $293.53/SF median (4 sales)

Computed from 128 verified arm's-length sales in King County public records (5 in the trailing 24 months). Free public records. Not an appraisal.

Last sold: 2023-02-24 for $8,600,000 (recorded arm's-length sale).

Current ownership dates to 2023 (about 3 years) per recorded transfers.

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

Value over time

$0$20M$40M$60M$80M20102014201820222026Last sold $8.6M · 2023$72.7M$73.7MCounty assessed valueMakeMe Estimate rangeRecorded sale

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 $568,700 (2010) to $73,694,043 (2026), up 12858% over 16 years, per county tax rolls. The 2026 roll splits $73,694,043 into $0 land and $73,694,043 improvements.

Taxes

Permit history

Source: King County permit records (newest first).