3232 E Madison St, Seattle, WA 98112 Property Records

King County property record for 3232 E Madison St, Seattle, WA 98112

Property Summary

Property Type	Apartments (5+ Units)
Details	8,610 sqft · built 1956
Lot Size	0.211 acres (9,186 sqft)
Owner	Company Name on Record
Last Sale	$1,850,000 (Mar 2005)
Tax Bill	$35,448 (2026)
Deeds & Mortgages	Mar 2022 Mortgage Feb 2017 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`501700-0090`

Property Details

APN / Parcel Number

Primary APN	`501700-0090`
Alternative APN	`501700009001`

Interior

Units	14 Units
Stories	2 Stories
Building Area	8,610 sqft Adjusted Area
Gross Area	9,630 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace
Security Alarm	Security Alarm

Exterior

Year Built	Built 1956
Effective Year Built	Effective 1988
Architectural Style	Custom Design
Exterior Material	Wood
Construction Type	Wood
Lot Area	9,186 sqft (0.211 acres)
Garage Type	Open

Utilities, Heating & Cooling

Heating System	Hot Water
Sewer	Municipal
Water Source	Commercial

Location & Zoning

Account Number	501700009001
Street Address	3232 E MADISON ST
City	SEATTLE
State	WA
Zip	98112-4332
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Local Zoning Code	LR1 (M)
Legal Description	MADISON STREET CABLE RAILWAY ADD
Legal Range	04
Legal Township	25
Legal Section	27
Legal Subdivision	MADISON STREET CABLE RAILWAY ADD
Legal Block	1
Legal Lot Number	17-18
Jurisdiction	KING WA
Township / Civil Division	SEATTLE
Census Block Group	2
Census Block	2016
Census Tract	6300

Owner

Source: King County records, as of July 8, 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	4111 E MADISON ST, 438, SEATTLE, WA 98112-3241
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Mar 25, 2022	Deed of Trust, Mortgage · Commercial Mortgage BERKADIA COMMERCIAL MORTGAGE LLC
Feb 3, 2017	Deed of Trust, Mortgage CBRE CAP MARKETS

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Mar 1, 2005 · Amount on Record
Deed Sale	Mar 1, 2005 · Amount on Record
Prior Sale	Feb 22, 1990
Deed Document Number	20051077
Last Transfer Date	Feb 4, 2013
Transfer Doc	0000000861
Record Updated	Sep 20, 2026

March 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	KING WA
Property Address	3232 E MADISON ST, SEATTLE, WA 98112-4332
Transaction Type	Mortgage
Record Updated	Dec 25, 2025
Title Company	FIDELITY NATIONAL TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	4111 E MADISON ST 438, 438, SEATTLE, WA 98112-3241

Mortgage

Document Number	0000000568
Date	Mar 25, 2022
Instrument	20220325000568

Lender

Name	BERKADIA COMMERCIAL MORTGAGE LLC
Type	Mortgage Company
Address	AMBLER, PA 19002

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	241 Months
Due	Apr 1, 2042

February 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	KING WA
Property Address	3232 E MADISON ST, SEATTLE, WA 98112-4332
Document Number	0000000364
Instrument Date	Feb 3, 2017
Transaction Type	Mortgage
Record Updated	Feb 9, 2017
Title Company	FIRST AMERICAN TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	4111 E MADISON ST #438 SEATTLE WA 981123241, 438, SEATTLE, WA 98112-3241

Mortgage

Document Number	0000000364
Date	Feb 3, 2017
Instrument	201702030364

Lender

Name	CBRE CAP MARKETS
Type	Funding / Finance Company
Address	929 GESSNER RD # 1700, HOUSTON, TX 77024-2317

Agreement

Amount	Amount Recorded
Term	240 Months
Due	Feb 2, 2037

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	$35,448.00 (+9.62%)
2025		$3,397,000 (+1.95%) Land $2,066,800 Building $1,330,200	$3,397,000 (+1.95%) Land $2,066,800 Building $1,330,200
2024	$32,337.00 (-3.65%)	$3,332,000 (-15.71%) Land $2,066,800 Building $1,265,200	$3,332,000 (-15.71%) Land $2,066,800 Building $1,265,200
2022	$33,562.00	$3,953,000 Land $1,350,000 Building $2,603,000	$3,953,000 Land $1,350,000 Building $2,603,000

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	Low lower than 99.1% of the US · lower than 99.4% of Washington
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond 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 339 locations within half a mile, as of December 31, 2025

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

May also be available: Astound Broadband.

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