Thurston County Assessor
Parcel Number: 11817241900
 
Situs Address: 4055 MARTIN WAY E
 
Owner: PNP ASSOCIATES LLC
Address:6210 37TH AVE SE
 LACEY, WA 98503
 
Taxpayer: PNP ASSOCIATES LLC
Address:6210 37TH AVE SE
 LACEY, WA 98503
 
Abbreviated Legal:Section 17 Township 18 Range 1W Quarter SE NW APPRAISAL COMBINATION FOR TAX PURPOSES ONLY: Parcel 1: COM SE COR N 311.78 F S 84-29-0 W 95F FOR P; Parcel 2: COM SE COR N 311.78F POB S 84-29-0
 
Associations:99002119025    PHO SAIGON FUSION 8
 99001313400   SUBWAY #3728
Date: 2/21/2026
 
Sect/Town/Range:17 18 1W
 
Size:0.45 Acres
UseCode:54 Retail - Food
TCA Number:114
Neighborhood:6N71
Property Type:RTL
Taxable:YES
Active Exemptions:None
School District:NORTH THURSTON S.D. #3
 

Market Values

Tax Year2026202520242023202220212020201920182017
Assessment Year2025202420232022202120202019201820172016
 
Market Value Land$736,300$431,500$423,400$344,300$354,900$594,200$696,800$572,000$487,900$398,150
Market Value Buildings$587,000$882,500$864,800$1,155,700$645,300$520,500$482,600$504,600$472,400$421,200
Market Value Total$1,323,300$1,314,000$1,288,200$1,500,000$1,000,200$1,114,700$1,179,400$1,076,600$960,300$819,350


Commercial Structures

BuildingYear BuiltFloorSquare FeetNo. FloorsTotal Sq. Ft.QualityCondition
FAST-FOOD-RS20001227812278AVERAGEAVERAGE
RESTAURANT20001204012040AVERAGEAVERAGE
   
 ---------- 
 4318
 
 

Detached Structures

StructureYear BuiltSquare FeetQualityCondition
 
PVNG-ASPHALT20006500FAIRAVERAGE
PVNG-CONCRTE20001950AVERAGEAVERAGE

Land Characteristics

Land Flag5010
 
Lot Square Footage19633
 
Lot Acreage0.45
 
Effective FrontageNot Listed
 
Effective DepthNot Listed
 
Land Influence(s)FA-FAIR ACCESS
HINT-HEAVY INTERSECTION

Sales

Sale Date:07/28/200407/12/200205/19/1999
Price:$701,000$750,000$840,000
Excise:327358301875269355
Sale Type:STATUTRY WARNTY DEEDTRUSTEE DEEDSTATUTRY WARNTY DEED
Recording Number:366226134477593231958
Seller:CITY BANKNW EVERGREEN CORPORATIONKRAY WILLIAM/NAOMI
Buyer:PNP ASSOCIATES LLCCITY BANKNW EVERGREEN CORPORATION
Multiple Parcel Sale:YYY
 
Sale Date:06/30/1995
Price:$700,000
Excise:
Sale Type:WARRANTY DEED
Recording Number:24230636
Seller:CORNERSTONE PROP INVEST
Buyer:KRAY, WILLIAM & NAOMI
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