Taxes
- Assessed Value: $131,973,300
- Assessed Year: 2025
- Assessed County: King
- APN: 109910-0100
- Assessed Land Value: 125536200
- Market Land Value: 125536200
- Tax Amount: 980142.09
- Tax Year: 2026
- Market Value: 131973300
- Market Year: 2025
1723 124th Ave; Bellevue, WA Property Details
Off market
1723 124th Ave NE Bellevue, WA 98005
$131,973,300 Estimated Value
250,188 SqFt
Property Type
Light IndustrialProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1972
- Purchase Price: $31,500,000
- Open Loans / Balance: 1 / $99,213,321
- Inv. Liens / Amount: 1 / $11,321
- APN: 109910-0100
- Situs County: King
- Length Of Ownership: 22 years, 8 months
Structure
- Building Style: Masonry
- Stories: 1
- Building Quality: C
- Sewer Type: Municipal
- Water Source: Municipal
Measurements
- Total: 250,188/SqFt
- Lot: 809,911/SqFt
- Gross: 250,188/SqFt
- Building: 135,130/SqFt
- Price Per Square Foot: $125.91
Legal Description
- Description: BRIERWOOD PARK ADD LOT 1 OF BELLEVUE SP# LF-06- 135856 REC# 20070319900012 & REC# 20170511900005 SD SP BEING POR OF SW & SE 1/4 OF NW 1/4 STR 28-25-05 & POR OF NW & NE & SE 1/4 OF SE 1/4 STR 28-25- 05 LYING BTWN 120TH AV NE & 124TH AV NE & NLY OF NE
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: 47.62615 / -122.17687
- Subdivision: Brierwood Park Add
- Property Class: Industrial
- Zoning: BR-OR-2
- County Use Code: 246
Amenities
- Plus Four: 2144
- Cooling: Refrigeration
- Heating: Space/Suspended
Ownership Info
1723 124th Ave NE has no associated ownership info
1723 124th Ave NE has no associated ownership info.
Taxes
1723 124th Ave NE has 10 associated Taxes items
1723 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 $131,973,300. The APN we've located for 1723 124th Ave is 109910-0100.
Unlock the full reportTax History
1723 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 $980,142.06 | Change Rate | Assessed CR | Tax Rate |
| Year 2025 | Assessed Value $131,973,300 | Land Value $125,536,200 | Improvement Value $6,437,100 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $115,802,400 | Land Value $109,337,900 | Improvement Value $6,464,500 | Tax Amount $853,837.12 | Change Rate +0.49106% | Assessed CR | Tax Rate +0.007373% |
| Year 2023 | Assessed Value $109,338,900 | Land Value $109,337,900 | Improvement Value $1,000 | Tax Amount $572,637.75 | Change Rate +0.125742% | Assessed CR | Tax Rate +0.005237% |
| Year 2022 | Assessed Value $80,992,100 | Land Value $80,991,100 | Improvement Value $1,000 | Tax Amount $508,675.91 | Change Rate -0.08479% | Assessed CR | Tax Rate +0.006281% |
| Year 2021 | Assessed Value $62,027,100 | Land Value $56,693,800 | Improvement Value $5,333,300 | Tax Amount $555,802.19 | Change Rate +0.373815% | Assessed CR | Tax Rate +0.008961% |
| Year 2020 | Assessed Value $62,827,600 | Land Value $57,485,600 | Improvement Value $5,342,000 | Tax Amount $404,568.41 | Change Rate +0.284216% | Assessed CR | Tax Rate +0.006439% |
| Year 2019 | Assessed Value | Land Value | Improvement Value | Tax Amount $315,031.44 | Change Rate +0.000694% | Assessed CR | Tax Rate |
| Year 2018 | Assessed Value $38,360,200 | Land Value $32,848,900 | Improvement Value $5,511,300 | Tax Amount $314,813.03 | Change Rate | Assessed CR | Tax Rate +0.008207% |
| Year 2017 | Assessed Value $34,237,800 | Land Value $28,742,700 | Improvement Value $5,495,100 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2016 | Assessed Value $28,079,300 | Land Value $22,193,300 | Improvement Value $5,886,000 | Tax Amount $250,952.86 | Change Rate -0.022307% | Assessed CR | Tax Rate +0.008937% |
| Year 2015 | Assessed Value $28,566,800 | Land Value $22,193,300 | Improvement Value $6,373,500 | Tax Amount $256,678.7 | Change Rate | Assessed CR | Tax Rate +0.008985% |
| Year 2014 | Assessed Value $28,931,500 | Land Value $22,193,300 | Improvement Value $6,738,200 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2013 | Assessed Value $27,564,700 | Land Value $20,549,400 | Improvement Value $7,015,300 | Tax Amount | Change Rate | Assessed CR | Tax Rate |