Thurston County Assessor
Parcel Number: 11817220600
 
Situs Address: 426 LILLY RD NE
 
Owner: OLYMPIA PROPCO LLC
Address:4 PARK PLZ STE 1700
 IRVINE, CA 92614
 
Taxpayer: OLYMPIA PROPCO LLC
Address:4 PARK PLZ STE 1700
 IRVINE, CA 92614
 
Abbreviated Legal:17-18-1W S2-S2-N2-NW-NW LESS E66F LESS W540F, ALSO E 155F OF W 540F LY ELY OF LILLY RD
 
Associations:99000953400   S-H MRE/HCP OPCO VENTURES - DBA THE FIRS
Date: 4/19/2026
 
Sect/Town/Range:17 18 1W
 
Size:3.29 Acres
UseCode:17 Inst Lodging
TCA Number:114
Neighborhood:8JFB
Property Type:NUR
Total Living Units:137
Taxable:YES
Active Exemptions:None
School District:NORTH THURSTON S.D. #3
 

Market Values

Tax Year2026202520242023202220212020201920182017
Assessment Year2025202420232022202120202019201820172016
 
Market Value Land$905,400$829,500$855,100$421,400$490,100$766,300$1,175,600$832,100$811,400$574,550
Market Value Buildings$13,640,600$15,145,700$16,254,600$17,602,000$13,337,900$10,377,200$11,124,700$10,173,600$9,929,700$11,796,600
Market Value Total$14,546,000$15,975,200$17,109,700$18,023,400$13,828,000$11,143,500$12,300,300$11,005,700$10,741,100$12,371,150


Commercial Structures

BuildingYear BuiltFloorSquare FeetNo. FloorsTotal Sq. Ft.QualityCondition
RETIRE-HOME1984140257140257AVERAGEAVERAGE
RETIRE-HOME1984234362134362AVERAGEAVERAGE
RETIRE-HOME1984334362134362AVERAGEAVERAGE
RTRE-HME-BSM1984012690112690AVERAGEAVERAGE
   
 ---------- 
 121671
 
 

Detached Structures

StructureYear BuiltSquare FeetQualityCondition
 
PVNG-CONCRTE19902331AVERAGEAVERAGE
PVNG-ASPHALT199036980AVERAGEAVERAGE

Land Characteristics

Land Flag5010
 
Lot Square Footage143312
 
Lot Acreage3.29
 
Effective FrontageNot Listed
 
Effective DepthNot Listed
 
Land Influence(s)PE-PR EXPOSURE
FA-FAIR ACCESS
LT-LIGHT TRAFFIC
SP-SHAPE

Sales

Sale Date:06/26/201803/30/201507/28/2010
Price:$24,000 $12,492,500
Excise:538696726851712990
Sale Type:EASEMENTSPECIAL WARRNTY DEEDSPECIAL WARRNTY DEED
Recording Number:463688944381244162932
Seller:OLYMPIA MSL LLCSHP II OLYMPIA LLC
Buyer:OLYMPIA PROPCO LLCOLYMPIA PROPCO LLCOLYMPIA MSL LLC
Multiple Parcel Sale:NNN
 
Sale Date:08/01/2003
Price:$10,500,000
Excise:314467
Sale Type:BARGAIN & SALE DEED
Recording Number:3558344
Seller:CASCADE ASSOC LTD
Buyer:SHP II OLYPIA LLC
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