2939 E Madison St, Seattle, WA 98112 Property Records

King County property record for 2939 E Madison St, Seattle, WA 98112

Property Summary

Property Type	Apartments (5+ Units)
Details	140,779 sqft · built 2025
Lot Size	0.906 acres (39,478 sqft)
Owner	Company Name on Record
Last Sale	$10,850,000 (May 2023)
Tax Bill	$294,807 (2026)
Deeds & Mortgages	May 2023 Sale & Mortgage Jun 2023 Transfer + 3 more
Flood Zone	Zone X (minimal risk)
APN	`501600-0007`

Property Details

APN / Parcel Number

Primary APN	`501600-0007`
Alternative APN	`501600000704`

Interior

Stories	4 Stories
Building Area	140,779 sqft Gross Area
Gross Area	158,428 sqft
Elevator	Elevator

Exterior

Year Built	Built 2025
Effective Year Built	Effective 2025
Architectural Style	Custom Design
Construction Type	Wood
Fire Resistance	Wood or Wood & Steel Frame
Lot Area	39,478 sqft (0.906 acres)
Garage Type	Covered
Garage Area	24,000 sqft

Utilities, Heating & Cooling

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

Location & Zoning

Account Number	501600000704
Street Address	2925 E MADISON ST
City	SEATTLE
State	WA
Zip	98112-4213
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Local Zoning Code	NC2P-55 (M
Legal Description	MADISON STREET ADD LOTS 1 THRU 5 & LOTS 19 THRU 24 ALL BLK 7 LESS POR PER DEED REC # 20220825000633 & LESS POR PER AGREEMENT REC #20230609000675 & AS DEPICTED ON SURVEY REC #20230609900014
Legal Range	04
Legal Township	25
Legal Section	28
Legal Subdivision	MADISON STREET ADD
Legal Block	7
Legal Lot Number	2
Jurisdiction	KING WA
Township / Civil Division	SEATTLE
Census Block Group	1
Census Block	1000
Census Tract	7700

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	2939 E MADISON ST, SEATTLE, WA 98112-4213
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Date	Document
May 31, 2023	Special Warranty Deed, Transfer · Commercial Mortgage BANNER BANK
Jun 13, 2023	Quit Claim Deed, Transfer ACCOMODATION, ACCOMMODATION
Aug 24, 2022	Deed, Transfer
Aug 25, 2022	Deed, Transfer
Feb 2, 2017	Grant Deed, Transfer

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	May 31, 2023 · Amount on Record
Deed Sale	May 31, 2023 · Amount on Record
Prior Sale	Jun 1, 1988
Deed Document Number	20231397
Prior Transfer Date	Feb 28, 2023
Prior Transfer Doc	0000000284
Record Updated	Sep 20, 2026

May 2023: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	KING WA
Recording Date	May 31, 2023
Property Address	2925 E MADISON ST, SEATTLE, WA 98112-4213
Document Number	0000001397
Map Reference	VOL 2 PG 85
Instrument Date	May 30, 2023
Instrument	20230531001397
Transaction Type	Transfer
Record Updated	Apr 24, 2026
Title Company	E-CHICAGO TITLE, CHICAGO 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	0000001398
Date	May 31, 2023
Instrument	20230531001398

Lender

Name	BANNER BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

June 2023: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	KING WA
Recording Date	Jun 13, 2023
Property Address	2925 E MADISON ST, SEATTLE, WA 98112-4213
Document Number	0000000284
Map Reference	VOL 2 PG 85
Instrument Date	Feb 28, 2023
Instrument	20230613000284
Transaction Type	Transfer
Record Updated	Apr 24, 2026
Title Company	ACCOMODATION, ACCOMMODATION

Transaction

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

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name

August 2022: Deed, Transfer

Document Type	Deed
Jurisdiction	KING WA
Recording Date	Aug 24, 2022
Property Address	2925 E MADISON ST, SEATTLE, WA 98112-4213
Document Number	0000000827
Instrument Date	Aug 16, 2022
Instrument	20220824000827
Transaction Type	Transfer
Record Updated	Apr 24, 2026

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Investor	Possibly a Property Investor

August 2022: Deed, Transfer

Document Type	Deed
Jurisdiction	KING WA
Recording Date	Aug 25, 2022
Property Address	2925 E MADISON ST, SEATTLE, WA 98112-4213
Document Number	0000000633
Map Reference	VOL 2 PG 85
Instrument Date	Jul 25, 2022
Instrument	20220825000633
Transaction Type	Transfer
Record Updated	Apr 24, 2026

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	PO BOX 34996, SEATTLE, WA 98124-4996
Investor	Possibly a Property Investor

February 2017: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	KING WA
Recording Date	Feb 2, 2017
Property Address	2939 E MADISON ST, SEATTLE, WA 98112-4213
Document Number	0000000209
Instrument Date	Dec 28, 2016
Instrument	201702020209
Transaction Type	Transfer
Record Updated	Feb 17, 2017

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company

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	$294,807.00 (+139.96%)
2025		$29,235,584 (+127.85%) Land $12,830,300 Building $16,405,284	$29,235,584 (+127.85%) Land $12,830,300 Building $16,405,284
2024	$122,855.00 (+47.7%)	$12,831,300 (+35.69%) Land $12,830,300 Building $1,000	$12,831,300 (+35.69%) Land $12,830,300 Building $1,000
2022	$83,180.00	$9,456,000 Land $9,455,000 Building $1,000	$9,456,000 Land $9,455,000 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 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	3 in force
Nearby Flood Claims	5 (2004–2007)
Claims Outside the SFHA	5 of 5
Most Recent Claim	Dec 2007 · Severe Storms, Flooding, Landslides, And Mudslides
Claims by Event	Severe Storms, Flooding, Landslides, And Mudslides, Dec 2007 · 3 claims

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.

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 1,164 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
CenturyLink Fiber · DSL in parts of the area	8,000 / 8,000
Xfinity Cable	2,000 / 2,000
Verizon Fixed Wireless	1,000 / 75
AT&T Fixed Wireless	100 / 20

May also be available: Astound Broadband, T-Mobile.

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