Seattle · Commercial sale
FRE Pine Minor buys 1525 Minor Ave in Seattle for $28.41 million
An apartment complex at 1525 Minor Ave, Seattle sold for $28,410,000 on July 22, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $28,410,000
- Sold
- July 22, 2026
- Property type
- Apartment complex
- Lot size
- 14,454 sq ft
An apartment complex at 1525 Minor Ave in Seattle sold for $28,410,000 on July 22, 2026—26% below the Assessor's recorded market value of $38,392,000, according to the King County Department of Assessments' sales records.
Pine & Minor Apartments LLC sold the property to FRE Pine Minor LLC. The Assessor's records show a 14,454-square-foot lot.
What this sale costs to close
What does closing cost at this price? Under King County custom the seller's larger charges are $821,375 for the state real estate excise tax (graduated) and $142,050 for the local real estate excise tax (0.50%). The seller's estimated net is $27,248,300 before brokerage commissions and any loan payoff. A cash buyer would need about $28,268,799 at closing.
Source: King County Department of Assessments, real property sales, document 3388989. 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.
