Thurston County Assessor
Parcel Number: 22719332400
 
Situs Address: 503 FIRST ST S
 
Owner: TBP HENRICKSEN LLC
Address:8833 BUTTONWOOD LN NE
 OLYMPIA, WA 98516
 
Taxpayer: TBP HENRICKSEN LLC
Address:8833 BUTTONWOOD LN NE
 OLYMPIA, WA 98516
 
Abbreviated Legal:Section 19 Township 17 Range 2E Quarter SW SW BOUNDED ON W BY W LN OF SEC, ON SE BY NW LN 1ST ST (S.S.H.5-H), ON NW BY SE LN NPR RR, AND ON NE BY SW LN OF DEED TO JW CULLEN 2-7-48 (431087)
 
Associations:99002148534    KEYSTONE MASONRY
 99001726400   NORTHWEST ADVANCED SPINAL CARE
 99002115197    OMNIMAX III, INC DBA BLUE WATER ACUPUNCT
Date: 2/21/2026
 
Sect/Town/Range:19 17 2E
 
Size:0.56 Acres
UseCode:63 Service - Business
TCA Number:170
Neighborhood:3OJF
Property Type:OFF
Taxable:YES
Active Exemptions:None
Fire District:SE THURSTON FA
School District:YELM S.D. #2
 
Sewer Type:SEPTIC

Market Values

Tax Year2026202520242023202220212020201920182017
Assessment Year2025202420232022202120202019201820172016
 
Market Value Land$152,800$171,600$141,500$117,700$120,500$153,200$195,700$177,600$177,700$204,550
Market Value Buildings$1,041,700$923,200$1,071,500$1,124,700$1,036,800$935,000$802,200$772,600$773,100$967,700
Market Value Total$1,194,500$1,094,800$1,213,000$1,242,400$1,157,300$1,088,200$997,900$950,200$950,800$1,172,250

Commercial Structures

BuildingYear BuiltFloorSquare FeetNo. FloorsTotal Sq. Ft.QualityCondition
OFFICE19961501715017AVERAGEAVERAGE
OFFICE19962349613496AVERAGEAVERAGE
   
 ---------- 
 8513
 
 

Detached Structures

StructureYear BuiltSquare FeetQualityCondition
 
PVNG-ASPHALT199614095AVERAGEAVERAGE
PVNG-CONCRTE19961775AVERAGEAVERAGE

Land Characteristics

Land Flag5830
 
Lot Square Footage24394
 
Lot Acreage0.56
 
Effective FrontageNot Listed
 
Effective DepthNot Listed
 
Land Influence(s)SP-SHAPE

Sales

Sale Date:05/29/201905/18/2011
Price:$1,180,000$1,050,000
Excise:743483369267
Sale Type:STATUTRY WARNTY DEEDSTATUTRY WARNTY DEED
Recording Number:46861794211441
Seller:503 FIRST STREET SOUTH LLCPAIGEN RANDY
Buyer:TBP HENRICKSEN LLC503 FIRST STREET SOUTH LLC
Multiple Parcel Sale:NN
 
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