Seattle · Commercial sale
Bent Pole Industries buys 1050 N 38th St in Seattle for $3 million
An office building at 1050 N 38th St, Seattle sold for $3,000,000 on September 28, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $3,000,000
- Sold
- September 28, 2026
- Property type
- Office building
- Lot size
- 6,500 sq ft
The office building at 1050 N 38th St sold for $3,000,000, above its recorded market value of $2,731,000. The King County Department of Assessments' sales records date the sale to September 28, 2026.
The sales records list Bent Pole Industries LLC as the buyer.
Assessor's records show the property sits on a 6,500-square-foot lot.
This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.
What were the closing costs in King County?
By our estimate, the seller's two largest charges, not counting prorations, were $59,137.50 for the state real estate excise tax (graduated) and $15,000 for the local real estate excise tax (0.50%). Who pays what follows King County custom.
How much did the seller net?
By our estimate, the seller netted about $2,911,415. That is before any broker commissions and any loan payoff.
How much cash did the buyer bring to closing?
A cash buyer would need about $2,994,347 at closing. That covers the full price and closing costs.
Source: King County Department of Assessments, real property sales, document 3397257. Property details: King County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
