1201 3rd Ave, Seattle, WA 98101 Property Records

King County property record for 1201 3rd Ave, Seattle, WA 98101

Property Summary

Property Type	Commercial Office
Details	1,413,575 sqft · built 1988
Lot Size	1.29 acres (56,400 sqft)
Owner	Company Name on Record
Last Sale	$548,784,720 (Nov 2012)
Tax Bill	$2,846,931 (2026)
Deeds & Mortgages	Apr 2023 Transfer Feb 2023 Construction Loan
Flood Zone	Zone X (minimal risk)
APN	`197470-0120`

Property Details

APN / Parcel Number

Primary APN	`197470-0120`
Alternative APN	`197470012000`

Interior

Stories	55 Stories
Building Area	1,413,575 sqft Gross Area
Elevator	Elevator

Exterior

Year Built	Built 1988
Effective Year Built	Effective 2005
Architectural Style	Custom Design
Construction Type	Steel Frame
Fire Resistance	Fireproof Steel Frame
Lot Area	56,400 sqft (1.29 acres)
Garage Area	285,000 sqft
Parking Spaces	891 Parking Spaces
Lawn Sprinklers	Lawn Sprinklers

Utilities, Heating & Cooling

Cooling System	Central
Heating System	HVAC
Sewer	Municipal
Water Source	Commercial

Location & Zoning

Account Number	197470012000
Street Address	1201 3RD AVE
City	SEATTLE
State	WA
Zip	98101-3029
Property Category	Commercial
Property Type	Commercial > Office > Commercial Office
Local Zoning Code	DOC1 U/450
Legal Description	DENNYS A A 2ND ADD LESS NELY 9 FT FOR 3RD AVE & LESS SWLY 12 FT FOR 2ND AVE & TGW VAC ALLEY
Legal Range	04
Legal Township	25
Legal Section	31
Legal Subdivision	DENNYS A A 2ND ADD
Legal Block	5
Legal Lot Number	1-8
Jurisdiction	KING WA
Township / Civil Division	SEATTLE
Census Block Group	1
Census Block	1021
Census Tract	8102

Owner

Source: King County records, as of September 18, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Owner Type	Company

Deeds, Mortgages & Sale History

Date	Document
Apr 19, 2023	Quit Claim Deed, Transfer CHICAGO TITLE NCS
Feb 13, 2023	Deed of Trust, Mortgage · Construction Mortgage JPMORGAN CHASE BANK NA

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Nov 2, 2012 · Amount on Record
Deed Sale	Nov 2, 2012 · Amount on Record
Prior Sale	Aug 16, 1996 · Amount on Record
Deed Document Number	2012471
Prior Transfer Date	Aug 14, 1995
Prior Transfer Doc	0000001098
Record Updated	Oct 29, 2026

April 2023: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	KING WA
Recording Date	Apr 19, 2023
Property Address	1201 3RD AVE, SEATTLE, WA 98101-3029
Document Number	0000000716
Instrument Date	Apr 18, 2023
Instrument	20230419000716
Transaction Type	Transfer
Record Updated	May 1, 2023
Title Company	CHICAGO TITLE NCS

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Quitclaim Intrafamily Transfer Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Investor	Possibly a Property Investor

February 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	KING WA
Property Address	1201 3RD AVE, SEATTLE, WA 98101-3029
Transaction Type	Mortgage
Record Updated	Feb 23, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1201 3RD AVE, SEATTLE, WA 98101-3029

Mortgage

Document Number	0000000597
Date	Feb 13, 2023
Instrument	20230213000597

Lender

Name	JPMORGAN CHASE BANK NA
Type	Bank
Address	NEW YORK, NY 10179

Agreement

Type	Construction Mortgage
Amount	Amount Recorded

Tax Assessment & Valuation

Source: King County assessment roll, as of July 7, 2026

Property Jurisdictions

Type	Name
State	Washington
County	King County
Municipality	Seattle City
Unified School District	Seattle Public Schools (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$2,846,931.00 (-10.82%)
2025	$3,192,294.00	$286,000,000 (-17.31%) Land $90,240,000 Building $195,760,000	$286,000,000 (-17.31%) Land $90,240,000 Building $195,760,000
2024	$3,192,294.00 (-37.92%)	$345,880,000 (-45.27%) Land $90,240,000 Building $255,640,000	$345,880,000 (-45.27%) Land $90,240,000 Building $255,640,000
2022	$5,141,869.00	$632,011,000 Land $87,420,000 Building $544,591,000	$632,011,000 Land $87,420,000 Building $544,591,000

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective September 23, 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	SEATTLE PUBLIC UTILITIES serves 1,161,961 people · EPA ID WA5377050
Water Source	Surface water
Last State Inspection	Jul 2025
Lead	2 ppb (2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 149 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable · Fiber in parts of the area	2,000 / 2,000
Astound Broadband Fiber · Cable	2,000 / 2,000
AT&T Fixed Wireless	100 / 20

May also be available: CenturyLink, Google Fiber, T-Mobile, Taluslink, Verizon.

Nearby Properties on 3rd Ave

Nearby Streets

Search Property Records by Address or Parcel Number

Search by:

By searching, you agree to: Terms • Privacy • Disclosures