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625 116th Ave; Bellevue, WA Property Details

625 116th Ave, Bellevue, WA is a Motel that was built in 1975. This property is currently a cash purchase and is not for sale. Our records show that 625 116th Ave has a total of 113,252 square feet. The lot size of 625 116th Ave is 158,875 square feet.

Off market
625 116th Ave NE Bellevue, WA 98004
$27,009,700 Estimated Value
113,252 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1975
  • Purchase Price: $7,400,000
  • Open Loans / Balance: 1 / $8,076,043
  • APN: 322505-9002
  • Situs County: King
  • Length Of Ownership: 21 years, 3 months

Structure

  • Building Style: Masonry
  • Stories: 6
  • Building Quality: C
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 113,252/SqFt
  • Lot: 158,875/SqFt
  • Gross: 113,252/SqFt
  • Basement: 4,100/SqFt
  • Building: 113,252/SqFt
  • Price Per Square Foot: $65.34

Legal Description

  • Description: N 660.6 FT OF NE 1/4 LY ELY OF ST HWY 2-A LESS N 264 FT LESS CO RD LESS POR DESC IN DEED REC # 20030203001672 & 20080930001583
Building Insights

Land Information

  • Property Type: Motel
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Bellevue School District
  • Lat / Lon: 47.615944 / -122.186676
  • Property Class: Commercial
  • Zoning: UC
  • County Use Code: 051

Amenities

  • Plus Four: 5207
  • Cooling: Yes
  • Heating: Yes

Ownership Info

625 116th Ave NE has no associated ownership info
625 116th Ave NE has no associated ownership info.

Taxes

625 116th Ave NE has 10 associated Taxes items

625 116th 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 $27,009,700. The APN we've located for 625 116th Ave is 322505-9002.

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Taxes
  • Assessed Value:  $27,009,700
  • Assessed Year:  2025
  • Assessed County:  King
  • APN:  322505-9002
  • Assessed Land Value:  27008700
  • Market Land Value:  27008700
  • Tax Amount:  200612.7
  • Tax Year:  2026
  • Market Value:  27009700
  • Market Year:  2025

Tax History

625 116th 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 $200,612.7 Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $27,009,700 Land Value $27,008,700 Improvement Value $1,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $27,009,700 Land Value $27,008,700 Improvement Value $1,000 Tax Amount $210,934.84 Change Rate +0.294901% Assessed CR Tax Rate +0.00781%
Year 2023 Assessed Value $27,009,700 Land Value $27,008,700 Improvement Value $1,000 Tax Amount $162,896.44 Change Rate -0.051606% Assessed CR Tax Rate +0.006031%
Year 2022 Assessed Value $23,037,800 Land Value $23,036,800 Improvement Value $1,000 Tax Amount $171,760.33 Change Rate -0.184819% Assessed CR Tax Rate +0.007456%
Year 2021 Assessed Value $20,942,900 Land Value $19,859,300 Improvement Value $1,083,600 Tax Amount $210,701.98 Change Rate -0.029902% Assessed CR Tax Rate +0.010061%
Year 2020 Assessed Value $23,816,600 Land Value $19,859,300 Improvement Value $3,957,300 Tax Amount $217,196.59 Change Rate -0.001552% Assessed CR Tax Rate +0.00912%
Year 2019 Assessed Value Land Value Improvement Value Tax Amount $217,534.11 Change Rate -0.074291% Assessed CR Tax Rate
Year 2018 Assessed Value $26,488,200 Land Value $12,710,000 Improvement Value $13,778,200 Tax Amount $234,992 Change Rate Assessed CR Tax Rate +0.008872%
Year 2017 Assessed Value $25,556,700 Land Value $12,710,000 Improvement Value $12,846,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $21,000,000 Land Value $11,951,600 Improvement Value $9,048,400 Tax Amount $176,226.7 Change Rate +0.263921% Assessed CR Tax Rate +0.008392%
Year 2015 Assessed Value $20,060,300 Land Value $11,915,600 Improvement Value $8,144,700 Tax Amount $139,428.56 Change Rate Assessed CR Tax Rate +0.00695%
Year 2014 Assessed Value $15,715,200 Land Value $11,915,600 Improvement Value $3,799,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $11,916,600 Land Value $11,915,600 Improvement Value $1,000 Tax Amount Change Rate Assessed CR Tax Rate