2550 3rd Ave, Seattle, WA 98121 Property Records

King County property record for 2550 3rd Ave, Seattle, WA 98121 · Last verified July 2026

Property Summary

Property Type	Apartments (5+ Units)
Details	114,228 sqft · built 2000
Lot Size	0.595 acres (25,920 sqft)
Owner	Company Name on File
Last Sale	$59,895,000 (Jan 2026)
Tax Bill	$582,155 (2026)
Deeds & Mortgages	Jan 2026 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`065600-0451`

Property Details

APN / Parcel Number

Primary APN	`065600-0451`
Alternative APN	`065600045101`

Interior

Units	188 Units
Stories	7 Stories
Building Area	114,228 sqft
Gross Area	192,077 sqft
Elevator	Elevator

Exterior

Year Built	Built 2000
Effective Year Built	Effective 2010
Architectural Style	Custom Design
Construction Type	Wood
Lot Area	25,920 sqft (0.595 acres)
View / Lot	Water View
Garage Area	49,580 sqft
Parking Spaces	156 Parking Spaces

Utilities, Heating & Cooling

Cooling System	Wall Unit
Heating System	Floor/Wall Furnace
Heating Fuel	Electric
Sewer	Municipal
Water Source	Commercial

Location & Zoning

Account Number	065600045101
Street Address	2550 3RD AVE
City	SEATTLE
State	WA
Zip	98121-1410
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Legal Description	BELL AND DENNYS 2ND ADD LESS POR FOR ST
Legal Subdivision	BELL AND DENNYS 2ND ADD
Legal Block	34
Legal Lot Number	1-2
Jurisdiction	KING WA
Township / Civil Division	SEATTLE
Census Block Group	1
Census Block	1001
Census Tract	7201

Owner

Source: King County records · APN 065600-0451

Assessment roll updated July 7, 2026 · Last verified July 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 File
Mailing Address	2550 3RD AVE, SEATTLE, WA 98121-1410
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Jan 06, 2026 · Amount on Record
Deed Sale	Jan 06, 2026 · Amount on Record
Prior Sale	Jan 27, 2005 · Amount on Record
Deed Document Number	2026574
Prior Transfer Date	Dec 30, 2025
Prior Transfer Doc	0000000574
Record Updated	Sep 20, 2026

January 2026: Bargain and Sale Deed, Transfer

Document Type	Bargain and Sale Deed
Jurisdiction	KING WA
Recording Date	Jan 06, 2026
Property Address	2550 3RD AVE, SEATTLE, WA 98121-1410
Document Number	0000000574
Map Reference	VOL 1 PG 77
Instrument Date	Jan 06, 2026
Instrument	20260106000574
Transaction Type	Transfer
Record Updated	Feb 03, 2026
Title Company	STEWART TITLE

Transaction

Amount	Amount Recorded
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	0000000937
Date	Jan 06, 2026
Instrument	20260106000937

Lender

Name	CBRE CAPITAL MARKETS INC
Type	Mortgage Company
Address	HOUSTON, TX 77079

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	84 Months
Due	Jan 01, 2033

Tax Assessment & Valuation

Source: King County records · Assessment roll updated July 7, 2026 · Last verified July 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

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

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$582,155.00 (-2.64%)
2025	$597,929.00	$58,144,000 (-9.75%) Land $24,105,600 Building $34,038,400	$58,144,000 (-9.75%) Land $24,105,600 Building $34,038,400
2024	$597,929.00 (+28.7%)	$64,422,000 (+13.18%) Land $24,105,600 Building $40,316,400	$64,422,000 (+13.18%) Land $24,105,600 Building $40,316,400
2022	$464,584.00	$56,919,800 Land $10,951,200 Building $45,968,600	$56,919,800 Land $10,951,200 Building $45,968,600

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, King County (53033C), updated September 23, 2026 · FEMA OpenFEMA NFIP redacted claims and policies, census block group 530330072011, refreshed September 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood Zone	Zone X
Special Flood Hazard Area	No
Flood Hazard	Minimal
500-Year Floodplain	No
Flood Insurance Cost	Premium on Record median of 1 individual NFIP policies nearby
Nearby Flood Policies	1 in force

Wildfire

Wildfire Risk	Not rated no burnable land in reach
Wildfire Likelihood	Negligible
Exposure	None beyond ember reach

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.