Seattle · Commercial sale

HSRE Aegis Madison Owner buys 2200 E Madison St in Seattle for $58.1 million

A retirement facility at 2200 E Madison St, Seattle sold for $58,098,978 on October 27, 2026. See the seller and buyer net sheets for this sale.

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Automated sale report from public sales records · How we make these · Published November 13, 2026

Sold October 27, 2026 · King County, Washington

Aerial view of 2200 E Madison St, Seattle with the parcel outlined — Aerial photo: U.S. Geological Survey. Parcel outline: King County Assessor. The photo can predate the sale.

Sale price: $58,098,978
Sold: October 27, 2026
Property type: Retirement facility
Lot size: 25,337 sq ft

Seller and buyer net sheets for this sale

Seller Buyer

NetSheet.orgOctober 27, 2026

Seller's estimated net sheet

2200 E Madison St, Seattle

Sale price	$58,098,978
Title and settlement
Owner's title insurance policy	$111,713.06
Escrow fee	$700
Transfer taxes and recording
State real estate excise tax (graduated)	$1,712,044.34
Local real estate excise tax (0.50%)	$290,494.89
REET technology fee	$5
Prorations
Property tax proration (seller owes)	$170,476.73
Other costs
Wire / courier / payoff processing	$60
Total deductions	$2,285,494.02
Estimated net to seller	$55,813,483.98

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NetSheet.orgOctober 27, 2026

Buyer's estimated net sheet

2200 E Madison St, Seattle

Purchase price (cash)	$58,098,978
Title and settlement
Escrow fee	$700
Transfer taxes and recording
Deed recording fee	$304.50
Credits
Property tax credit from seller	$170,476.73
Closing costs and prepaids	$1,004.50
Estimated cash to close	$57,929,505.77

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What these figures assume

No brokerage commission is shown: commissions on commercial deals vary and are not in the public record.
The seller figure is before any loan payoff.
The buyer side assumes a cash purchase with no financing.
REET technology fee: $5 per affidavit (confidence medium)
Annual property tax estimated at 0.90% of price ($522,891).
Title and settlement fees are typical estimates, not quotes.

Selling in Seattle?

The retirement facility at 2200 E Madison St in Seattle sold for $58,098,978, 68% above its recorded market value. The King County Department of Assessments' sales records list the sale date as October 27, 2026.

The records list ASC Madison LLC as the seller and HSRE Aegis Madison Owner LLC as the buyer.

The Assessor's records show a 0.58-acre lot and a market value of $34,536,800.

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 $1,712,044.34 for the state real estate excise tax (graduated) and $290,494.89 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 $55,813,484. 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 $57,929,506 at closing. That covers the full price and closing costs.

Run this net sheet with your numbers (free)

2200 E Madison St, Seattle, WA.

Source: King County Department of Assessments, real property sales, document 3401090. 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.