Multifamily · Redmond · Seattle-Bellevue metro, WA
One of 145 reachable multifamily buildings in Redmond. Larger than 18% of multifamily buildings in Redmond (median 78,355 SF), derived from assessor records.
Usable building area
9,910 SF, King County Assessor
Lot size
10,137 SF, King County Assessor
Year built
2006, King County Assessor
Stories
3, King County Assessor
Predominant use
Apartment(mixed Use), King County Assessor
Units
4, King County Assessor
Assessed value
$3,604,100, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$363.68/SF, derived from assessor records
Usable area / lot
0.98, derived from assessor records
Vintage
2000s vintage
Zoning
DTE, King County
County use code
Apartment(Mixed Use)
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
MakeMe Estimate: $4.01M (estimated market value), with a likely range of $3.56M to $4.58M (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. About $1M per unit at the midpoint (4 units).
lower confidence: 1 comparable sale within 3 miles; nearest 2 mi. Comparable-sale caveat: the estimate is 30% below the $574.84/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: Multifamily in Redmond
median verified sale $552.24/SF over the trailing 24 months; median $390,625 per unit; 6 sales in the last 12 months and 6 in 24 (newest verified sale 2025-09).
2021: $453.29/SF median (8 sales)
2022: $490.61/SF median (4 sales)
2025 YTD: $552.24/SF median (4 sales)
Computed from 145 verified arm's-length sales in King County public records (6 in the trailing 24 months). Free public records. Not an appraisal.
Last sold: 2016-04-12 for $3,150,000 (recorded arm's-length sale).
Current ownership dates to 2016 (about 10 years) per recorded transfers.
2016-04-12: $3,150,000 from Yuop One LLC to PH Building LLC, rec. 20160418000968
2013-07-12: $2,100,000 from Totem Office 1 LLC to Yuop One LLC, rec. 20130718003460
2006-10-11: transfer from Totem Office I LLC to City of Redmond (non-market transfer), rec. 20061020000034
2004-10-20: $475,000 from Private party to Totem Office 1 LLC, rec. 20041101000583
2001-12-04: $80,000 from Private party to Private party (non-market transfer), rec. 20011228001107
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 $1,722,000 (2011) to $3,604,100 (2026), up 109% over 15 years, per county tax rolls. The 2026 roll splits $3,604,100 into $1,723,200 land and $1,880,900 improvements.
Zoning: DTE (per King County)
Lot: 10,137 sq ft
Water: Water District (per King County)
Sewer: Public (per King County)
Access: Public
Street surface: Paved
Floor and use mix: Apartment 6,369 SF; Office Building 3,541 SF (county building sections)