Seattle · Commercial sale
Cedar Crest Academy Bellewood Campus buys 2125 112th Ave NE in Bellevue for $16.95 million
A school at 2125 112th Ave NE, Bellevue sold for $16,950,000 on August 4, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $16,950,000
- Sold
- August 4, 2026
- Property type
- School
- Lot size
- 66,210 sq ft
A school at 2125 112th Ave NE in Bellevue sold for $16,950,000 on August 4, 2026, more than double its assessed market value of $8,254,600, according to the King County Department of Assessments' sales records.
DSD Holdings LLC sold the property to Cedar Crest Academy Bellewood Campus LLC. The sale price was 2.1 times the Assessor's valuation.
The 1.52-acre lot changed hands in a transaction that valued the property well above its official market assessment.
What this sale costs to close
What does closing cost at this price? Under King County custom the seller's larger charges are $477,575 for the state real estate excise tax (graduated) and $84,750 for the local real estate excise tax (0.50%). The seller's estimated net is $16,263,104 before brokerage commissions and any loan payoff. A cash buyer would need about $16,860,728 at closing.
Source: King County Department of Assessments, real property sales, document 3389802. Property details: King County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
