Thurston County Assessor
Parcel Number: 09080075000
 
Situs Address: 1840 54TH AVE SW
 
Owner: SP/RGA VILLAS LP
Address:701 FIFTH AVE STE 5700
 SEATTLE, WA 98104
 
Taxpayer: SP/RGA VILLAS LP
Address:701 FIFTH AVE STE 5700
 SEATTLE, WA 98104
 
Abbreviated Legal:Section 34 Township 18 Range 2W Quarter NW SW Donation Land Claim BARNES, NELSON JR #65 DLC BLA-7308 TR A Document 015/621; EXC PTN FOR RURAL RD & TROSPER RD PER AFN:4015415.
 
Associations:99002140301    THE VILLAS AT KENNEDY CREEK
Date: 2/21/2026
 
Sect/Town/Range:34 18 2W
 
Size:11.74 Acres
UseCode:13 Five-Plus Unit
TCA Number:440
Neighborhood:8CKE
Property Type:APT
Total Living Units:118
Taxable:YES
Active Exemptions:None
School District:TUMWATER S.D. #33
 
Water Source:PUBLIC
Sewer Type:SEWER

Market Values

Tax Year2026202520242023202220212020201920182017
Assessment Year2025202420232022202120202019201820172016
 
Market Value Land$4,749,500$11,357,200$10,375,200$6,906,900$4,723,900$7,241,100$5,632,000$5,920,900$2,862,300$2,216,100
Market Value Buildings$33,006,500$26,642,800$35,389,400$37,373,000$26,415,400$21,822,900$21,582,000$17,496,600$17,487,000$20,372,500
Market Value Total$37,756,000$38,000,000$45,764,600$44,279,900$31,139,300$29,064,000$27,214,000$23,417,500$20,349,300$22,588,600

Commercial Structures

BuildingYear BuiltFloorSquare FeetNo. FloorsTotal Sq. Ft.QualityCondition
APARTMENTS20071285812858AVE/GOODAVERAGE
APARTMENTS20072722117221AVE/GOODAVERAGE
APARTMENTS20071285812858AVE/GOODAVERAGE
APARTMENTS20072722117221AVE/GOODAVERAGE
APARTMENTS20071285812858AVE/GOODAVERAGE
APARTMENTS20072722117221AVE/GOODAVERAGE
APARTMENTS20071326513265AVE/GOODAVERAGE
APARTMENTS20072612416124AVE/GOODAVERAGE
APARTMENTS20071326513265AVE/GOODAVERAGE
APARTMENTS20072612416124AVE/GOODAVERAGE
APARTMENTS20071326513265AVE/GOODAVERAGE
APARTMENTS20072612416124AVE/GOODAVERAGE
APARTMENTS20071326513265AVE/GOODAVERAGE
APARTMENTS20072612416124AVE/GOODAVERAGE
APARTMENTS20071326513265AVE/GOODAVERAGE
APARTMENTS20072612416124AVE/GOODAVERAGE
APARTMENTS20071326513265AVE/GOODAVERAGE
APARTMENTS20072612416124AVE/GOODAVERAGE
APARTMENTS20071285812858AVE/GOODAVERAGE
APARTMENTS20072722117221AVE/GOODAVERAGE
APARTMENTS20071285812858AVE/GOODAVERAGE
APARTMENTS20072722117221AVE/GOODAVERAGE
APARTMENTS20071326513265AVE/GOODAVERAGE
APARTMENTS20072612416124AVE/GOODAVERAGE
APARTMENTS20071285812858AVE/GOODAVERAGE
APARTMENTS20072722117221AVE/GOODAVERAGE
APARTMENTS20071227712277AVE/GOODAVERAGE
APARTMENTS20072397513975AVE/GOODAVERAGE
APARTMENTS20071169011690AVE/GOODAVERAGE
APARTMENTS20072308513085AVE/GOODAVERAGE
APARTMENTS20071169011690AVE/GOODAVERAGE
APARTMENTS20072308513085AVE/GOODAVERAGE
APARTMENTS200728961896AVE/GOODAVERAGE
CLUB-HOUSE20071452314523AVE/GOODAVERAGE
   
 ---------- 
 147418
 
 

Detached Structures

StructureYear BuiltSquare FeetQualityCondition
 
PVNG-ASPHALT200752680AVERAGEAVERAGE
PVNG-CONCRTE200719200AVERAGEAVERAGE
FENCE-CHLK-620071650GOODAVERAGE
FENCE-CHLK-62007550GOODAVERAGE
POOL-GTE/CNC2007 GOODAVERAGE
STORAGE-SHED2007192GOODAVERAGE
PATIO-CNCRTE20082000GOODAVERAGE

Land Characteristics

Land Flag2350
 
Lot Square FootageNot Listed
 
Lot Acreage11.74
 
Effective FrontageNot Listed
 
Effective DepthNot Listed
 
Land Influence(s)No Influences Listed

Sales

Sale Date:05/06/202109/12/201909/12/2019
Price:$32,965,000$28,090,000 
Excise:E016076E002819E006419
Sale Type:BARGAIN & SALE DEEDSTATUTRY WARNTY DEEDSPECIAL WARRNTY DEED
Recording Number:485455047068204756718
Seller:KENNEDY CREEK LLCKW TUMWATER LLCKW TUMWATER LLC
Buyer:SP/RGA VILLAS LPKENNEDY CREEK LLCKENNEDY CREEK LLC
Multiple Parcel Sale:NNN
 
Sale Date:08/28/201401/23/201403/20/2006
Price:$20,800,000$16,399,637$1,315,000
Excise:724603722166349237
Sale Type:SPECIAL WARRNTY DEEDTRUSTEE DEEDSTATUTRY WARNTY DEED
Recording Number:440668243778883817454
Seller:FEDERAL HOME LOAN MORTGAGE CORPTABULA RASA LLCSCHOCK LORENZ & CHRISTY
Buyer:KW TUMWATER LLCFEDERAL HOME LOAN MORTGAGE CORPTABULA RASA LLC
Multiple Parcel Sale:NNY
 
Sale Date:12/07/200505/06/200403/13/2003
Price:$915,000$700,000$550,000
Excise:346100323985309515
Sale Type:STATUTRY WARNTY DEEDSTATUTRY WARNTY DEEDSTATUTRY WARNTY DEED
Recording Number:379337836393943511678
Seller:TROSPER HOUSING LLCSCHACHLE TURKHAROLD & DELORIS ANDERSON TRUST
Buyer:INGRIM LEE & JANA RTROSPER HOUSING LLCSCHACHLE TURK
Multiple Parcel Sale:YYY
 
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