King County property record for 1562 E Olive Way, Seattle, WA 98102
| Property Type | Apartments (5+ Units) |
|---|---|
| Details | 21,990 sqft · built 1928 |
| Lot Size | 0.181 acres (7,870 sqft) |
| Owner | Company Name on Record |
| Last Sale | $6,990,000 (Oct 2024) |
| Tax Bill | $96,048 (2026) |
| Deeds & Mortgages | Apr 2024 Line of Credit |
| Flood Zone | Zone X (minimal risk) |
| APN | 744950-0025 |
| Primary APN | 744950-0025 |
|---|---|
| Alternative APN |
|
| Units | 52 Units |
|---|---|
| Stories | 5 Stories |
| Building Area | 21,990 sqft Adjusted Area |
| Gross Area | 32,980 sqft |
| Year Built | Built 1928 |
|---|---|
| Effective Year Built | Effective 1995 |
| Architectural Style | Custom Design |
| Exterior Material | Brick Veneer |
| Construction Type | Concrete |
| Lot Area | 7,870 sqft (0.181 acres) |
| View / Lot | Mountain |
| Garage Area | 2,721 sqft |
| Parking Spaces | 9 Parking Spaces |
| Heating System | Hot Water |
|---|---|
| Sewer | Municipal |
| Water Source | Commercial |
| Account Number | 744950002504 |
|---|---|
| Street Address | 1562 E OLIVE WAY |
| City | SEATTLE |
| State | WA |
| Zip | 98102-5500 |
| Property Category | Residential |
| Property Type | Residential > Multi-Unit > Apartments (5+ Units) |
| Local Zoning Code | NC3P-75 (M |
| Legal Description | ROWES 2ND ADD S 1/2 OF 1 & 2 ALL 3 LESS ST |
| Legal Range | 04 |
| Legal Township | 25 |
| Legal Section | 29 |
| Legal Subdivision | ROWES 2ND ADD |
| Legal Block | D |
| Legal Lot Number | 1-2-3 |
| Jurisdiction | KING WA |
| Township / Civil Division | SEATTLE |
| Census Block Group | 2 |
| Census Block | 2010 |
| Census Tract | 7406 |
Source: King County records, as of October 14, 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 | 4005 96TH AVE SE, MERCER ISLAND, WA 98040-4231 |
| Owner Type | Company |
| Vesting | Limited Liability Partnership |
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Oct 18, 2024 · Amount on Record |
| Deed Sale | Oct 18, 2024 · Amount on Record |
| Prior Sale | Feb 27, 1992 |
| Deed Document Number | 20241062 |
| Record Updated | Oct 29, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | KING WA |
| Property Address | 1562 E OLIVE WAY, SEATTLE, WA 98102-5500 |
| Transaction Type | Mortgage |
| Record Updated | Apr 15, 2024 |
| Title Company | FIDELITY NATIONAL TITLE |
| Name | Verified Name |
|---|---|
| Address | 2012 43RD AVE E 102, 102, SEATTLE, WA 98112-2752 |
| Document Number | 0000000589 |
|---|---|
| Date | Apr 1, 2024 |
| Instrument | 20240401000589 |
| Name | WASHINGTON TRUST BANK |
|---|---|
| Type | Bank |
| Address | 601 UNION ST, SEATTLE, WA 98101 |
| Type | Line of Credit |
|---|---|
| Amount | Amount Recorded |
| Rate Type | Adjustable Rate |
|---|---|
| Change Frequency | Monthly |
Source: King County assessment roll, as of July 7, 2026
| Type | Name |
|---|---|
| State | Washington |
| County | King County |
| Municipality | Seattle City |
| Unified School District | Seattle Public Schools (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $96,048.00 (+8.58%) | ||
| 2025 | $9,507,000 (+0.77%) Land $4,131,700 Building $5,375,300 | $9,507,000 (+0.77%) Land $4,131,700 Building $5,375,300 | |
| 2024 | $88,458.00 (-23.09%) | $9,434,000 (-32.52%) Land $4,131,700 Building $5,302,300 | $9,434,000 (-32.52%) Land $4,131,700 Building $5,302,300 |
| 2022 | $115,010.00 | $13,981,000 Land $3,974,300 Building $10,006,700 | $13,981,000 Land $3,974,300 Building $10,006,700 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
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.
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.
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 |
| 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.
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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