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Property profile & analytics
OFF-MARKET
Estimated value
$1,395,000
Assisted living facilities
148 102nd SE Ave Bellevue, WA 98004-6197
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US90-1120772
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2010
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
42,828 SF
Lot
1.45 ac (63,227 SF)
Zoning code
R-30
APN
066600-0126
UPID
US90-1120772
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Aegis Living Bellevue Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$915k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.88M
Blend (final)
Blend
$1.40M
Owner & transaction history
102 Ave Bellevue LLC · 7 yrs held
102 Ave Bellevue LLC
since 2018
7 recorded transactions
Zoning & alternative use
R-30 · Bellevue, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bellevue submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bellevue submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$915,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.40M
Range $1.26M – $1.53M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$33 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$157,119
Tax year 2022
Assessed value
$22,220,700
Assessed 2022
Previous assessed
$22,220,700
+0.0% YoY
Effective rate
0.71%
On assessed value
Assessed land
$9,484,000
Assessed improvement
$12,736,700
Land market value
$9,484,000
Improvement market value
$12,736,700
Total market value
$22,220,700
Applied tax rate
330.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2010
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Stories
4
Units
86
Total area
42,828 SF
Lot
1.45 ac (63,227 SF)
Zoning code
R-30
APN
066600-0126
UPID
US90-1120772
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
R-30 · Bellevue, WA
Zoning R-30 · permitted uses
R-30 · Bellevue, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bellevue. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2010
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Stories
4
Units
86
Lot
1.45 ac
Current owner
From public records · entity-resolved
102 Ave Bellevue LLC
Entity
Mailing address
699 BOYLSTON ST SE STE #700, BOSTON, MA 02116-2836
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 14, 2018
$17,000,000
102 Ave Bellevue LLC
Asc Bellevue LLC
Grant Deed
$35,523,400 · M&t Rlty Cap
Aug 22, 2017
—
Asc Bellevue LLC
—
Deed
related
$10,600,000 · Wells Fargo Bank NA
Oct 19, 2012
—
Asc Bellevue LLC
Nokina Bellevue LLC
Quit Claim Deed
related
$29,016,000 · Wells Fargo Bank NA
Aug 14, 2008
$6,015,000
Nokina Bellevue LLC
Bellevue Apartments LLC
Warranty Deed
$20,800,000 · Wells Fargo Bank NA
Aug 16, 2007
—
Bellevue Apts LLC
Arbutus LLC
Quit Claim Deed
related
—
Oct 2, 2006
$554,767
Bellevue Apartments LLC
Arbutus LLC
Grant Deed
—
Sep 30, 2005
$2,880,000
Bellevue Apartments LLC
Davis,arthur C
Warranty Deed
$2,340,000 · Arthur C Davis
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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