1550 E Olive Way, Seattle, WA 98102 Property Records

King County property record for 1550 E Olive Way, Seattle, WA 98102

Property Summary

Property Type	Retail Stores (Personal Services, Photography, Travel)
Details	18,360 sqft · built 1924
Lot Size	0.348 acres (15,150 sqft)
Owner	Company Name on Record
Last Sale	$5,500,000 (Oct 2024)
Tax Bill	$85,349 (2026)
Deeds & Mortgages	Oct 2024 Sale & Mortgage Nov 2022 Sale
Flood Zone	Zone X (minimal risk)
APN	`744950-0045`

Property Details

APN / Parcel Number

Primary APN	`744950-0045`
Alternative APN	`744950004500`

Interior

Stories	1 Story
Building Area	18,360 sqft Gross Area
Basement Area	1,200 sqft

Exterior

Year Built	Built 1924
Effective Year Built	Effective 1985
Architectural Style	Custom Design
Construction Type	Masonry / Concrete Block
Fire Resistance	Masonry Walls, Wood Interior
Lot Area	15,150 sqft (0.348 acres)
Garage Area	4,027 sqft

Utilities, Heating & Cooling

Heating System	Forced Air with A/C
Sewer	Municipal
Water Source	Commercial

Location & Zoning

Account Number	744950004500
Street Address	1550 E OLIVE WAY
City	SEATTLE
State	WA
Zip	98102-5510
Property Category	Commercial
Property Type	Commercial > Retail > Retail Stores (Personal Services, Photography, Travel)
Local Zoning Code	NC3P-75 (M
Legal Description	ROWES 2ND ADD TGW LOT 9 BLKB ROWES 1ST ADD LESS ST
Legal Range	04
Legal Township	25
Legal Section	29
Legal Subdivision	ROWES 2ND ADD
Legal Block	D
Legal Lot Number	9
Jurisdiction	KING WA
Township / Civil Division	SEATTLE
Census Block Group	2
Census Block	2010
Census Tract	7406

Owner

Source: King County records, as of July 7, 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
Mailing Address	1550 E OLIVE WAY, SEATTLE, WA 98102-5510
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Date	Document
Oct 15, 2024	Bargain and Sale Deed, Transfer · Seller Carry-Back WALTER WEN TEH LU ETUX
Nov 28, 2022	Agreement of Sale, Transfer

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Oct 15, 2024 · Amount on Record
Deed Sale	Oct 15, 2024 · Amount on Record
Prior Sale	Dec 30, 1987 · Amount on Record
Deed Document Number	2024820
Prior Transfer Date	May 12, 1999
Prior Transfer Doc	0000001837
Record Updated	Oct 29, 2026

October 2024: Bargain and Sale Deed, Transfer

Document Type	Bargain and Sale Deed
Jurisdiction	KING WA
Recording Date	Oct 15, 2024
Property Address	WA
Document Number	0000000820
Map Reference	VOL 11 PG 42
Instrument Date	Oct 10, 2024
Instrument	20241015000820
Transaction Type	Transfer
Record Updated	Apr 24, 2026
Title Company	FIDELITY NATIONAL TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000000821
Date	Oct 15, 2024
Instrument	20241015000821

Lender

Name	WALTER WEN TEH LU ETUX
Type	Seller

Agreement

Type	Seller Carry-Back
Amount	Amount Recorded

November 2022: Agreement of Sale, Transfer

Document Type	Agreement of Sale
Jurisdiction	KING WA
Recording Date	Nov 28, 2022
Property Address	WA
Document Number	0000000386
Map Reference	VOL 11 PG 42
Instrument Date	Aug 23, 2022
Instrument	20221128000386
Transaction Type	Transfer
Record Updated	Apr 24, 2026

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name

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	$85,349.00 (+7.74%)
2025		$8,256,700 (-0.01%) Land $8,256,700	$8,256,700 (-0.01%) Land $8,256,700
2024	$79,216.00 (+13.31%)	$8,257,700 (-) Land $8,256,700 Building $1,000	$8,257,700 (-) Land $8,256,700 Building $1,000
2022	$69,913.00	$8,257,700 Land $8,256,700 Building $1,000	$8,257,700 Land $8,256,700 Building $1,000

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 582 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
Verizon Fixed Wireless	1,000 / 75
AT&T Fixed Wireless	100 / 20

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

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