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    23028 27th SE Ave Bothell, WA 98021-7874
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    Property profile & analytics

    23028 27th SE Ave, Bothell, WA 98021-7874

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    • Apartment buildings
    • 221,381 SF
    • 29.11 lot acres
    Off-Market
    Last Sale Oct 16, 2024
    $92,870,980
    Property ID
    US90-1215333
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Stonemeadow Farms / Real Estate Agency

    Property Details for 23028 27th SE Ave

    Year built
    1998
    Construction
    WOOD
    Lot size
    29.11 lot acres
    Zone code
    R 4,000
    Property type
    Apartment buildings
    APN
    27053200200100
    APU
    27053200200100

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 16, 2024 $92,870,980 Sea 27 Se 2022 LLC Lipt 27th Avenue Se LLC Bargain And Sale Deed $60.6M · Cbre Multifamily Capital INC
    Jul 23, 2019 — Lipt 27th Avenue Se LLC — Deed · related $45M · Miscellaneous Ins Co
    May 22, 2019 $81,800,000 Lipt 27th Avenue Se LLC Aew Lt Stonemeadow Farms Apts Grant Deed —
    Aug 23, 2004 $32,865,000 Stonemeadow Farms Apts INC Second Multifamily Props LLC Grant Deed —
    Jul 18, 2002 — Second Multifamiy Properties Smith Trust Grant Deed · related —
    Sep 10, 1996 $4,300,000 Security Capital Pacific Trust Canyon Crown LP Grant Deed · related —
    Jan 31, 1996 $2,772,400 Canyon Crown LP Garhart,william N Grant Deed $2.5M · Us Bank Of Washington
    — — Lipt 27th Avenue Se LLC — Deed Of Trust · related $45M · Miscellaneous Ins Co
    — — Svc Properties II INC — Deed Of Trust · related $16.8M · Federal Home Loan Mortgage Cor
    — — Archstone-smith Trust — Deed Of Trust · related $3k · Sfc Properties II INC

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      Off market
      ML approach
      Off market
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $126,719,000
      Market price range: $66.2M - $156M
    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $91,555,000
      Current use
      OFFICE BUILDING
      $133,640,000
      Change: +46% Conversion: Moderate
      RESTAURANT
      $114,730,000
      Change: +25% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $96,050,000
      Change: +5% Conversion: Difficult
      MEDICAL BUILDING
      $86,435,000
      Change: -6% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Bothell
    County
    Snohomish
    State
    Washington
    Longitude
    -122.199
    Latitude
    47.7896
    CBSA code
    42660
    CBSA name
    SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $621,394
    $23,088,100
    $56,296,900
    $79,385,000
    -
    $23,088,100
    $56,296,900
    $79,385,000
    More about this property
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