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1500 124th Ave; Bellevue, WA Property Details

1500 124th Ave, Bellevue, WA is a Light Industrial that was built in 1971. This property is currently a cash purchase and is not for sale. Our records show that 1500 124th Ave has a total of 79,974 square feet. The lot size of 1500 124th Ave is 139,414 square feet.

Off market
1500 124th Ave NE Bellevue, WA 98005
$15,748,900 Estimated Value
79,974 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1971
  • Purchase Price: $25,125,000
  • Open Loans / Balance: 1 / $17,533,638
  • APN: 282505-9204
  • Situs County: King
  • Length Of Ownership: 3 years, 5 months

Structure

  • Building Style: Masonry
  • Stories: 1
  • Building Quality: C
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 79,974/SqFt
  • Lot: 139,414/SqFt
  • Gross: 79,974/SqFt
  • Basement: 25,200/SqFt
  • Building: 79,974/SqFt
  • Price Per Square Foot: $314.16

Legal Description

  • Description: W 530 FT OF S 300 FT OF N 394.4 FT OF NW 1/4 OF SE 1/4 LESS CO RD SUBJ TO C OF S TRANS LN LESS POR DESC IN KC COURT CASE #16-2-06769-7 SEA & LESS POR PER DEED REC #20211221000559
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: 47.623844 / -122.173996
  • Subdivision: Woodlawn Addition To Green Lake
  • Property Class: Industrial
  • Zoning: BR-OR
  • County Use Code: 246

Amenities

  • Heating Fuel Type: Solar
  • Plus Four: 5177
  • Cooling: Other
  • Heating: Hot Water

Ownership Info

1500 124th Ave NE has no associated ownership info
1500 124th Ave NE has no associated ownership info.

Taxes

1500 124th Ave NE has 10 associated Taxes items

1500 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 $15,748,900. The APN we've located for 1500 124th Ave is 282505-9204.

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Taxes
  • Assessed Value:  $15,748,900
  • Assessed Year:  2025
  • Assessed County:  King
  • APN:  282505-9204
  • Assessed Land Value:  13941400
  • Market Land Value:  13941400
  • Tax Amount:  116983.2
  • Tax Year:  2026
  • Market Value:  15748900
  • Market Year:  2025

Tax History

1500 124th Ave NE has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value Land Value Improvement Value Tax Amount $116,983.2 Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $15,748,900 Land Value $13,941,400 Improvement Value $1,807,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $14,289,600 Land Value $12,547,200 Improvement Value $1,742,400 Tax Amount $112,145.8 Change Rate +0.396241% Assessed CR Tax Rate +0.007848%
Year 2023 Assessed Value $14,358,800 Land Value $12,547,200 Improvement Value $1,811,600 Tax Amount $80,319.81 Change Rate +0.006844% Assessed CR Tax Rate +0.005594%
Year 2022 Assessed Value $11,357,900 Land Value $9,758,900 Improvement Value $1,599,000 Tax Amount $79,773.85 Change Rate -0.069107% Assessed CR Tax Rate +0.007024%
Year 2021 Assessed Value $9,725,700 Land Value $8,364,800 Improvement Value $1,360,900 Tax Amount $85,696.08 Change Rate +0.189746% Assessed CR Tax Rate +0.008811%
Year 2020 Assessed Value $9,685,400 Land Value $8,364,800 Improvement Value $1,320,600 Tax Amount $72,028.88 Change Rate +0.286241% Assessed CR Tax Rate +0.007437%
Year 2019 Assessed Value Land Value Improvement Value Tax Amount $55,999.5 Change Rate +0.022767% Assessed CR Tax Rate
Year 2018 Assessed Value $6,817,400 Land Value $5,576,500 Improvement Value $1,240,900 Tax Amount $54,752.96 Change Rate Assessed CR Tax Rate +0.008031%
Year 2017 Assessed Value $5,953,600 Land Value $4,741,800 Improvement Value $1,211,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $5,759,400 Land Value $4,502,300 Improvement Value $1,257,100 Tax Amount $51,549.97 Change Rate -0.024617% Assessed CR Tax Rate +0.008951%
Year 2015 Assessed Value $5,867,000 Land Value $4,502,300 Improvement Value $1,364,700 Tax Amount $52,851.01 Change Rate Assessed CR Tax Rate +0.009008%
Year 2014 Assessed Value $5,956,000 Land Value $4,502,300 Improvement Value $1,453,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $5,736,200 Land Value $4,220,900 Improvement Value $1,515,300 Tax Amount Change Rate Assessed CR Tax Rate