405 E Olive St, Seattle, WA 98122 Property Records

King County property record for 405 E Olive St, Seattle, WA 98122 · Last verified July 2026

Property Summary

Property Type	Apartments (5+ Units)
Details	13,960 sqft · built 1923
Lot Size	0.123 acres (5,362 sqft)
Owner	Company Name on File
Last Sale	$2,806,425 (Aug 2006)
Tax Bill	$60,261 (2026)
Deeds & Mortgages	Aug 2017 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`872560-0480`

Property Details

APN / Parcel Number

Primary APN	`872560-0480`
Alternative APN	`872560048003`

Interior

Units	32 Units
Stories	3 Stories
Building Area	13,960 sqft Adjusted Area
Gross Area	17,861 sqft

Exterior

Year Built	Built 1923
Effective Year Built	Effective 1991
Architectural Style	Custom Design
Exterior Material	Brick
Construction Type	Masonry / Concrete Block
Lot Area	5,362 sqft (0.123 acres)

Utilities, Heating & Cooling

Heating System	Hot Water
Sewer	Municipal
Water Source	Commercial

Location & Zoning

Account Number	872560048003
Street Address	405 E OLIVE ST
City	SEATTLE
State	WA
Zip	98122-2303
Property Category	Residential
Property Type	Residential > Multi-Unit > Apartments (5+ Units)
Legal Description	TWELFTH AVE ADD REPLAT PLAT BLOCK: 8 PLAT LOT: 1
Legal Range	04
Legal Township	25
Legal Section	32
Legal Subdivision	TWELFTH AVE ADD REPLAT
Legal Block	8
Legal Lot Number	1
Jurisdiction	KING WA
Township / Civil Division	SEATTLE
Census Block Group	1
Census Block	1003
Census Tract	8402

Owner

Source: King County records · APN 872560-0480

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	4111 E MADISON ST, 490, SEATTLE, WA 98112-3241
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Aug 08, 2006 · Amount on Record
Deed Sale	Aug 08, 2006 · Amount on Record
Deed Document Number	20062621
Record Updated	Sep 20, 2026

August 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	KING WA
Property Address	405 E OLIVE ST, SEATTLE, WA 98122-2303
Document Number	0000001283
Instrument Date	Aug 09, 2017
Transaction Type	Mortgage
Record Updated	Aug 15, 2017
Title Company	STEWART TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	4111 E MADISON ST #490 SEATTLE WA 981123241, 490, SEATTLE, WA 98112-3241

Mortgage

Document Number	0000001283
Date	Aug 09, 2017
Instrument	201708091283

Lender

Name	READYCAP COM'L
Address	1320 GREENWAY DR # 560, IRVING, TX 75038-7519

Agreement

Amount	Amount Recorded
Term	240 Months
Due	Aug 08, 2037

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	$60,261.00 (+5.52%)
2025		$5,954,000 (-2.12%) Land $2,815,000 Building $3,139,000	$5,954,000 (-2.12%) Land $2,815,000 Building $3,139,000
2024	$57,106.00 (-8.12%)	$6,083,000 (-19.21%) Land $2,815,000 Building $3,268,000	$6,083,000 (-19.21%) Land $2,815,000 Building $3,268,000
2022	$62,155.00	$7,529,000 Land $2,707,800 Building $4,821,200	$7,529,000 Land $2,707,800 Building $4,821,200

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, King County (53033C), updated September 23, 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

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; lenders make the official flood determination.

Internet Providers

Source: FCC Broadband Data Collection, availability as of December 31, 2025 · Published October 2026 · based on 181 locations within about half a mile of this property

Provider	Technology	Download / Upload (Mbps)
Xfinity	Cable	2,000 / 2,000
Radiate Holdings	Fiber	2,000 / 2,000
Radiate Holdings	Cable	1,500 / 50
AT&T	Fixed Wireless	100 / 20

May also be available at this address: Verizon, T-Mobile USA, Lumen Technologies, Google Fiber, Xfinity, Hunter Communications & Technologies. Availability varies by address; speeds are provider-advertised maximums, not measured.