MakeMe Estimate: $2.27M (estimated market value), with a likely range of $1.89M to $2.74M (half of recent verified sales in this segment landed inside that range). Based on 7 verified arm's-length comparable sales (through 2026-06-01). Not an appraisal. How this estimate works.
lower confidence: 3 comparable sales within 3 miles; nearest 1.8 mi. This property type carries wider measured error; treat the estimate as a starting point. Recent sale check: this building sold for $1,950,000 in 2023; the estimate is about 17% apart. Treat the recorded trade as strong evidence alongside the model. Comparable-sale caveat: the estimate is 46% below the $441.67/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 Kent
median verified sale $268.35/SF over the trailing 24 months; 3 sales in the last 12 months and 11 in 24 (newest verified sale 2026-01); the middle 80% of recent sales traded at 0.64x to 1.38x their county assessed value, median 0.97x (11 sales with usable county values).
2022: $267.20/SF median (4 sales)
2024: $244.97/SF median (8 sales)
This estimate sits at 1.19x county assessed value, the 73rd percentile of those recent sale premiums.
Computed from 124 verified arm's-length sales in King County public records (11 in the trailing 24 months). Free public records. Not an appraisal.
Last sold: 2023-08-02 for $1,950,000 (recorded arm's-length sale).
Ownership tenure is not asserted for this parcel: the most recent recorded transfer is a non-market conveyance.
2023-08-25: transfer from Little Pioneers Academy LLC to Hoyoo Holding LLC (non-market transfer), rec. 20230907000396
2023-08-02: $1,950,000 from Ijk Holdings LLC to Little Pioneers Academy LLC, rec. 20230814000739
2018-06-28: $1,000,000 from Private party to Ijk Holdings LLC, rec. 20180705001318
2013-08-30: transfer from Flaten Properties LLC to Private party (non-market transfer), rec. 20131218001246
2004-11-05: $612,500 from Private party to Flaten Properties LLC (non-market transfer), rec. 20041110000214
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 $771,900 (2011) to $1,918,400 (2026), up 149% over 15 years, per county tax rolls. The 2026 roll splits $1,918,400 into $404,900 land and $1,513,500 improvements.
Zoning: DCE-T (per King County)
Lot: 19,284 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Day Care Center 9,592 SF (county building sections)