Thurston County Assessor
Parcel Number: 11817140202
 
Situs Address: 4520 MARTIN WAY E
 
Owner: VIRK PROPERTIES OLYMPIA LLC
Address:8815 SW SUN PL
 WILSONVILLE, OR 97070
 
Taxpayer: VIRK PROPERTIES OLYMPIA LLC
Address:8815 SW SUN PL
 WILSONVILLE, OR 97070
 
Abbreviated Legal:Section 17 Township 18 Range 1W Quarter SE NE APPRAISAL COMBINATION FOR TAX PURPOSES ONLY: Parcel 1: SS-5134 LT 2 Document 008/152; Parcel 2: THE E 1 ACRE OF THE W 3.5 AC OF THAT PART OF
 
Associations:99002046375   RAMADA BY WYNDHAM OLYMPIA
Date: 2/21/2026
 
Sect/Town/Range:17 18 1W
 
Size:2.60 Acres
UseCode:16 Hotel/Motel
TCA Number:114
Neighborhood:2HHC
Property Type:LDG
Taxable:YES
Active Exemptions:None
School District:NORTH THURSTON S.D. #3
 

Market Values

Tax Year2026202520242023202220212020201920182017
Assessment Year2025202420232022202120202019201820172016
 
Market Value Land$2,624,100$2,107,600$1,935,000$1,602,700$2,178,000$1,914,200$2,171,400$2,055,400$1,133,500$911,850
Market Value Buildings$15,696,200$15,092,500$11,748,700$15,873,200$9,620,700$11,031,700$11,715,300$12,142,500$8,294,300$10,341,800
Market Value Total$18,320,300$17,200,100$13,683,700$17,475,900$11,798,700$12,945,900$13,886,700$14,197,900$9,427,800$11,253,650


Commercial Structures

BuildingYear BuiltFloorSquare FeetNo. FloorsTotal Sq. Ft.QualityCondition
HOTEL LIMITED SERV2000119172119172GOODAVERAGE
HOTEL LIMITED SERV2000219517119517GOODAVERAGE
HOTEL LIMITED SERV2000319517119517GOODAVERAGE
HOTEL LIMITED SERV2000419517119517GOODAVERAGE
RECREATL POOL ENCL20001374613746GOODAVERAGE
   
 ---------- 
 81469
 
 

Detached Structures

StructureYear BuiltSquare FeetQualityCondition
 
PVNG-ASPHALT200065300AVERAGEAVERAGE
SWIM-POOL-HOTEL/MOTL20001221AVERAGEAVERAGE
PVNG-CONCRTE20002830AVERAGEAVERAGE

Land Characteristics

Land Flag4010
 
Lot Square Footage113256
 
Lot Acreage2.6
 
Effective FrontageNot Listed
 
Effective DepthNot Listed
 
Land Influence(s)FA-FAIR ACCESS
HINT-HEAVY INTERSECTION

Sales

Sale Date:07/11/202311/15/201903/18/2008
Price:$17,200,000 $15,400,000
Excise:E033983744536704013
Sale Type:STATUTRY WARNTY DEEDSTATUTRY WARNTY DEEDSTATUTRY WARNTY DEED
Recording Number:498396947203143997530
Seller:SUPERIOR HOSPITALITY GROUP INCYIM SANGGLEN & PEGGY BLACK FAM LMTD PARTNERSHIP
Buyer:VIRK PROPERTIES OLYMPIA LLCSUPERIOR HOSPITALITY GROUP INCYIM SANG
Multiple Parcel Sale:NNN
 
Sale Date:08/19/1997
Price:$775,000
Excise:252550
Sale Type:WARRANTY DEED
Recording Number:3105267
Seller:HYNES STEPHEN
Buyer:BLACK GLEN/PEGGY
Multiple Parcel Sale:Y
 

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