Thurston County Assessor
Parcel Number: 12925311300
 
Situs Address: 1515 MERCANTILE LN NE
 
Owner: MORITA, SHOHEI
Address:1515 MERCANTILE LN NE
 OLYMPIA, WA 98506
 
Owner: PETERS, MADISON NICOLE
Address:1515 MERCANTILE LN NE
 OLYMPIA, WA 98506
 
Taxpayer: SHOHEI MORITA, MADISON NICOLE PETERS &
Address:1515 MERCANTILE LN NE
 OLYMPIA, WA 98506
 
Abbreviated Legal:25-19-2W .67A N2 SW COM 1200F W & 192F N OF SE COR N 89-56 -0 W 20
 
Date: 7/1/2025
 
Sect/Town/Range:25 19 2W
 
Size:0.67 Acres
UseCode:11 Single Unit
TCA Number:155
Neighborhood:16W1
Property Type:RES
Total Living Units:1
Taxable:YES
Active Exemptions:None
Fire District:FIRE DISTRICT #08
School District:OLYMPIA S.D. #111
 
Water Source:WELL
Sewer Type:SEPTIC

Market Values

Tax Year2025202420232022202120202019201820172016
Assessment Year2024202320222021202020192018201720162015
 
Market Value Land$221,200$196,000$160,800$157,100$111,200$91,600$81,200$75,400$74,700$73,300
Market Value Buildings$209,300$219,100$238,800$192,600$160,500$155,200$152,600$146,500$129,400$118,400
Market Value Total$430,500$415,100$399,600$349,700$271,700$246,800$233,800$221,900$204,100$191,700

Residential Structures

Year Built1949 Fireplaces/Wood Stoves1
ConstructionRAMBLER Heat TypeBASEBOARD-HT
Construction QualityFAIR Fuel TypeELECTRIC
Physical ConditionAVERAGE Foundation TypeCONCRETE
Number of Bedrooms2 Exterior Wall TypeTEX1-11/PWD
Full Baths2 Roofing MaterialCOMPOSITION
Partial Baths0     
   
Residence Square Footage
Main Finished Area1287
Attic Square Footage
Attic Area396
Attic Finished Area396
Misc Structures
Open Porch285
Covered Porch60
Enclosed Porch96

Detached Structures

StructureYear BuiltSquare FeetQualityCondition
 
POLE BUILDING1949600FAIRAVERAGE
POLE BUILDING1996720FAIRAVERAGE
MACHINE-SHED2005720FAIRAVERAGE
CARPORT1949600LOW-COSTAVERAGE

Land Characteristics

Land Flag1100
 
Lot Square Footage29185
 
Lot Acreage0.67
 
Effective FrontageNot Listed
 
Effective DepthNot Listed
 
Water SourceWell
 
Sewer SourceSeptic
Land Influence(s)No Influences Listed

Sales

Sale Date:12/10/2024
Price:$450,000
Excise:E042373
Sale Type:STATUTRY WARNTY DEED
Recording Number:5040076
Seller:TAYLOR WILLIAM
Buyer:MORITA SHOHEI
Multiple Parcel Sale:N
 

The Assessor's Office maintains property records on approximately 112,000 parcels in Thurston County for tax purposes. Though records are updated regularly, the accuracy and timeliness of published data cannot be guaranteed. Any person or entity that relies on information obtained from this website does so at his or her own risk. Neither Thurston County nor the Assessor will be held liable for damage or losses caused by use of this information. All critical information should be independently verified.
 

Office of the Assessor

Steven J. Drew, Assessor
3000 Pacific Ave SE, Olympia WA 98501
Customer Service (360)867-2200 -- Fax (360)867-2201 -- TDD (360)754-2933