OFF MARKET

Listed by Mathew Quackenbush • Westlake Associates, Inc. Bought with Westlake Associates, Inc.

Off market dec 2019 for $8M

—

Est. refi paymentEst. refi $52,112/mo

—

•

— ba

•

21,469

sq ft

545 Bellevue Way SE, Bellevue, WA 98004

About this home

Town & Country Apartments is a 23 (one non-confirming) unit apartment building with a unit mix of 1, 2, and 3 bedroom units spread across a large 40,000 SF lot. 6 units have been updated with new appliances, floors, counters, cabinets, and washer/dryers. Recent replacement of the roof, balconies, signage, landscaping, and 6 units total close to $500,000 of improvements within the last year. The property features a private full-size dog par, individual yards for many units, and ample parking.

Multi-familyProperty Type

1959Year Built

0.92 acresLot Size

$373Price/Sq.Ft.

33 spacesParking

Listed by Mathew Quackenbush • Westlake Associates, Inc.

Listed by Peter Hiatt • Westlake Associates, Inc.

Bought with Curran Hagstrom • Westlake Associates, Inc.

Bought with Collin Hagstrom • Westlake Associates, Inc.

Redfin checked: 3 minutes ago

•Source:NWMLS as Distributed by MLS Grid #1531365

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 98004, WA

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

95.9%

0.3% MoM

Median sale price

$2.3M

$88K MoM

Avg. days on market

24d

2 days MoM

Recently sold homes

118

3 MoM

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See all

Provided by Redfin

Sale history for 545 Bellevue Way SE

Year

Property tax

Land + Additions

Assessment*

2026

$54,986 (+4.4%)

$3,406,200 + $3,994,800

$7,401,000

2025

$52,657 (−19.2%)

$3,406,200 + $3,994,800

$7,401,000

2024

$65,176 (+4.5%)

$3,406,200 + $3,778,800

$7,185,000

2023

$62,397 (−0.4%)

$3,406,200 + $4,937,800

$8,344,000

2022

$62,653 (−5.2%)

$3,406,200 + $5,416,800

$8,823,000

2021

$66,098 (+5.7%)

$3,005,500 + $4,632,500

$7,638,000

2020

$62,505 (+24.5%)

$3,005,500 + $4,464,500

$7,470,000

2019

$50,212 (−1.7%)

$2,204,000 + $3,908,700

$6,112,700

2018

$51,106 (+27.4%)

$2,204,000 + $3,908,700

$6,112,700

2017

$40,124 (+5.6%)

$2,003,700 + $3,553,300

$5,557,000

2016

$38,013 (−1.1%)

$2,003,700 + $2,596,300

$4,600,000

2015

$38,442 (+6.9%)

$1,803,300 + $2,522,700

$4,326,000

2014

$35,962 (+15.2%)

$1,803,300 + $2,528,600

$4,331,900

2013

$31,220 (+16.3%)

$1,803,300 + $1,390,700

$3,194,000

2012

$26,837 (+3.0%)

$1,803,300 + $1,390,700

$3,194,000

2011

$26,064 (+9.7%)

$1,803,300 + $1,192,700

$2,996,000

2010

$23,756 (+0.9%)

$1,803,300 + $1,204,700

$3,008,000

2009

$23,540

$1,803,300 + $1,606,700

$3,410,000

Tax history for 545 Bellevue Way SE

Year

Property tax

Land + Additions

Assessment*

2026

$54,986 (+4.4%)

$3,406,200 + $3,994,800

$7,401,000

2025

$52,657 (−19.2%)

$3,406,200 + $3,994,800

$7,401,000

2024

$65,176 (+4.5%)

$3,406,200 + $3,778,800

$7,185,000

2023

$62,397 (−0.4%)

$3,406,200 + $4,937,800

$8,344,000

2022

$62,653 (−5.2%)

$3,406,200 + $5,416,800

$8,823,000

2021

$66,098 (+5.7%)

$3,005,500 + $4,632,500

$7,638,000

2020

$62,505 (+24.5%)

$3,005,500 + $4,464,500

$7,470,000

2019

$50,212 (−1.7%)

$2,204,000 + $3,908,700

$6,112,700

2018

$51,106 (+27.4%)

$2,204,000 + $3,908,700

$6,112,700

2017

$40,124 (+5.6%)

$2,003,700 + $3,553,300

$5,557,000

2016

$38,013 (−1.1%)

$2,003,700 + $2,596,300

$4,600,000

2015

$38,442 (+6.9%)

$1,803,300 + $2,522,700

$4,326,000

2014

$35,962 (+15.2%)

$1,803,300 + $2,528,600

$4,331,900

2013

$31,220 (+16.3%)

$1,803,300 + $1,390,700

$3,194,000

2012

$26,837 (+3.0%)

$1,803,300 + $1,390,700

$3,194,000

2011

$26,064 (+9.7%)

$1,803,300 + $1,192,700

$2,996,000

2010

$23,756 (+0.9%)

$1,803,300 + $1,204,700

$3,008,000

2009

$23,540

$1,803,300 + $1,606,700

$3,410,000

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

Lot width

—

Lot depth

—

Lot size

0.92 Acres

Year renovated

1995

Sq. Ft.

17,388

Year built

1959

Style

Multi-Family (5+ Unit)

County

King County

APN

066600 0190

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 5, 2026.

R-20

Multifamily Residential Districts

Multifamily Residential Districts provide areas for attached residential dwellings of low density (10 units per acre) and of moderate density (20 dwellings per acre). The R-20 Districts are intended to be convenient to centers of employment and have primary access to arterial streets.

Permitted uses

Include but are not limited to:

Agriculture
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Housing-Other
Recreation
Golf related
Park & open space

Property details

Parking

Parking Information
Parking Uncovered Spaces: 24
Open Parking Spaces: 24
Carport Spaces: 9
Has Open Parking

Interior

Heating & Cooling
Has Heating

Interior Features
Interior Features: Wall to Wall Carpet, Laminate Hardwood
Flooring: Laminate, Carpet

Multi-Family Financial Information
Insurance Expense: $5,948
Other Expense: $69,409
Net Operating Income: $242,200
Gross Adjusted Income: 418265
Gross Scheduled Income: $418,265
Total Monthly Income: 34855
Gross Rent Multiplier: 18
Total Expenses: 160317

Multi-Unit Information
Units Below Grade: false
Units In Building Total: 23
# of Units (Total): 23
Furnished: Unfurnished

Exterior

Building Information
Roof: Flat

Exterior Features
Exterior Features: Wood

Property Information
Style Code: 56 - 10+ Units
Property Type: Residential Income
Property Sub Type: Multi Family

Land Information
Possible Use: Multi-Family

Lot Information
MLS Lot Size Source: King County Assessor
Zoning Jurisdiction: City
Lot Size Units: Square Feet
Lot Size Acres: 0.92
Elevation Units: Feet

Financial

Tax Information
Tax Annual Amount: $53,664
Tax Year: 2019

Financial Information
Listing Terms: Cash Out
Buyer Financing: Cash

Utilities

Utility Information
Sewer: Sewer Connected
Utilities: Sewer Connected, Electric
Water Sewer Garbage: 31296

Location

HOA Information
Association Fee Frequency: Annually

School Information
High School District: Bellevue

Location Information
Directions: From I-405 S, take exit 13B towards NE 8th St. Turn left onto NE 8th Street. Turn left onto Bellevue Way. The property will be on the right.

Public facts

Beds: —
Baths: —
Sq. Ft.: 17,388
Stories: 2.0
Lot Size: 0.92 acres
Style: Multi-Family (5+ Unit)
Year Built: 1959
Year Renovated: 1995
County: King County
APN: 066600 0190

Home facts updated by county records on Sep 5, 2026

Other

Listing Information
Mls Status: Sold

Listing Date Information
On Market Date: Monday, October 14, 2019

Green Information
Power Production Type: Electric

Home Information
Living Area Units: Square Feet
Calculated Square Footage: 21469
Building Area Total: 21469
Building Area Units: Square Feet
Structure Type: Multi Family
Stories Total: 3

Around this home

Schools

Enatai Elementary School

Public PreK-5 • Assigned • 1.1mi

8/10

Chinook Middle School

Public 6-8 • Assigned • 1.7mi

8/10

Bellevue High School

Public 9-12 • Assigned • 0.2mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 87° expected this year, 15 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

7/10 Air Factor

10 unhealthy days expected this year, 12 days in 30 years

Provided by First Street

Historical weather

Bellevue, WA • 98004

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.8 hours in June and 1.7 hours in December, placing it below the U.S. average for solar exposure.

8.8 hrs

1.7 hrs

JuneDecember

Provided by Shadowmap

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New listings for sale in 98004

NEW

$1,999,995

2 beds2 baths1,404 sq ft

188 Bellevue Way NE #1906, Bellevue, WA 98004