Taxes
- Assessed Value: $87,135,400
- Assessed Year: 2025
- Assessed County: King
- APN: 282505-9048
- Assessed Land Value: 87134400
- Market Land Value: 87134400
- Tax Amount: 647150.6
- Tax Year: 2026
- Market Value: 87135400
- Market Year: 2025
1150 124th Ave; Bellevue, WA Property Details
Off market
1150 124th Ave NE Bellevue, WA 98005
$87,135,400 Estimated Value
211,995 SqFt
Property Type
Light IndustrialProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1969
- Purchase Price: $31,435,695
- Inv. Liens: 1
- APN: 282505-9048
- Situs County: King
- Length Of Ownership: 9 years, 5 months
Structure
- Building Style: Masonry
- Stories: 2
- Building Quality: C
- Sewer Type: Municipal
- Water Source: Municipal
Measurements
- Total: 211,995/SqFt
- Lot: 871,344/SqFt
- Gross: 211,995/SqFt
- Building: 201,120/SqFt
- Price Per Square Foot: $148.29
Legal Description
- Description: WEST HALF OF PORTION NW QTR OF SE QTR S-T-R 28-25-05 LYING SOUTH OF LINE PARALLEL TO NLY LINE SD SUBD & 2193.57 FT NORTH OF SOUTH QTR CORNER, AS MEAS ALONG NORTH- SOUTH CENTERLINE SD SECTION 28 & NORTH OF NORTH LINE OF SOUTH 519.73 FT SD SUBD LESS WE
Building Insights
Land Information
- Property Type: Light Industrial
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Bellevue School District
- Lat / Lon: 47.620834 / -122.174355
- Property Class: Industrial
- Zoning: BR-OR
- County Use Code: 246
Amenities
- Plus Four: 2102
- Heating: Space/Suspended
Ownership Info
1150 124th Ave NE has no associated ownership info
1150 124th Ave NE has no associated ownership info.
Taxes
1150 124th Ave NE has 10 associated Taxes items
1150 124th Ave, Bellevue, WA pays taxes in King County, WA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $87,135,400. The APN we've located for 1150 124th Ave is 282505-9048.
Unlock the full reportTax History
1150 124th Ave NE has 14 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2026 | Assessed Value | Land Value | Improvement Value | Tax Amount $647,150.62 | Change Rate | Assessed CR | Tax Rate |
| Year 2025 | Assessed Value $87,135,400 | Land Value $87,134,400 | Improvement Value $1,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $78,421,900 | Land Value $78,420,900 | Improvement Value $1,000 | Tax Amount $612,411.81 | Change Rate +0.656706% | Assessed CR | Tax Rate +0.007809% |
| Year 2023 | Assessed Value $78,421,900 | Land Value $78,420,900 | Improvement Value $1,000 | Tax Amount $369,656.22 | Change Rate +0.034569% | Assessed CR | Tax Rate +0.004714% |
| Year 2022 | Assessed Value $52,281,600 | Land Value $52,280,600 | Improvement Value $1,000 | Tax Amount $357,304.72 | Change Rate -0.072977% | Assessed CR | Tax Rate +0.006834% |
| Year 2021 | Assessed Value $43,568,200 | Land Value $43,567,200 | Improvement Value $1,000 | Tax Amount $385,432.5 | Change Rate +0.112195% | Assessed CR | Tax Rate +0.008847% |
| Year 2020 | Assessed Value $43,568,200 | Land Value $43,567,200 | Improvement Value $1,000 | Tax Amount $346,551.34 | Change Rate +0.287229% | Assessed CR | Tax Rate +0.007954% |
| Year 2019 | Assessed Value | Land Value | Improvement Value | Tax Amount $269,222.75 | Change Rate -0.056772% | Assessed CR | Tax Rate |
| Year 2018 | Assessed Value $32,781,800 | Land Value $28,103,300 | Improvement Value $4,678,500 | Tax Amount $285,427.06 | Change Rate | Assessed CR | Tax Rate +0.008707% |
| Year 2017 | Assessed Value $31,041,700 | Land Value $26,346,900 | Improvement Value $4,694,800 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2016 | Assessed Value $23,713,200 | Land Value $23,712,200 | Improvement Value $1,000 | Tax Amount $208,318.2 | Change Rate -0.009826% | Assessed CR | Tax Rate +0.008785% |
| Year 2015 | Assessed Value $23,713,200 | Land Value $23,712,200 | Improvement Value $1,000 | Tax Amount $210,385.53 | Change Rate | Assessed CR | Tax Rate +0.008872% |
| Year 2014 | Assessed Value $23,713,200 | Land Value $23,712,200 | Improvement Value $1,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2013 | Assessed Value $21,956,700 | Land Value $21,955,700 | Improvement Value $1,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |