Thurston County Assessor
Parcel Number: 34201800200
 
Situs Address: 2816 MARTIN WAY E
 
Owner: CAPITAL INN INVESTMENT LLC
Address:2816 MARTIN WAY E
 OLYMPIA, WA 98506
 
Taxpayer: CAPITAL INN INVESTMENT LLC
Address:2816 MARTIN WAY E
 OLYMPIA, WA 98506
 
Abbreviated Legal:Section 18 Township 18 Range 1W Plat BERRY FARMS LT 18 & 19 Document 008/028 LY NLY OF MARTIN WAY LESS E180F
 
Associations:99000088200   HOLLY MOTEL
Date: 2/21/2026
 
Sect/Town/Range:18 18 1W
 
Size:1.70 Acres
UseCode:16 Hotel/Motel
TCA Number:110
Neighborhood:2IFB
Property Type:LDG
Taxable:YES
Active Exemptions:None
School District:OLYMPIA S.D. #111
 

Market Values

Tax Year2026202520242023202220212020201920182017
Assessment Year2025202420232022202120202019201820172016
 
Market Value Land$896,500$917,300$945,700$535,000$480,400$754,300$947,700$813,000$933,100$921,700
Market Value Buildings$456,300$909,700$852,800$1,068,200$608,600$421,500$111,600$117,200$132,300$160,700
Market Value Total$1,352,800$1,827,000$1,798,500$1,603,200$1,089,000$1,175,800$1,059,300$930,200$1,065,400$1,082,400


Commercial Structures

BuildingYear BuiltFloorSquare FeetNo. FloorsTotal Sq. Ft.QualityCondition
LAUNDROMAT194111961196FAIRFAIR
MOTEL19531190811908FAIRFAIR
MOTEL194219321932FAIRFAIR
MOTEL19421474814748FAIRFAIR
MOTEL19411336913369FAIRFAIR
OFFICE APARTMENT19261129811298FAIRFAIR
   
 ---------- 
 12451
 
 

Detached Structures

StructureYear BuiltSquare FeetQualityCondition
 
PVNG-ASPHALT192624550FAIRFAIR
PVNG-CONCRTE19262320FAIRFAIR
SHED-ENCLSD1942432FAIRFAIR

Land Characteristics

Land Flag5010
 
Lot Square Footage73925
 
Lot Acreage1.7
 
Effective FrontageNot Listed
 
Effective DepthNot Listed
 
Land Influence(s)FE-FAIR EXPOSURE

Sales

Sale Date:06/05/201510/13/200409/09/2004
Price:$970,000  
Excise:526844330400328968
Sale Type:STATUTRY WARNTY DEEDQUIT CLAIM DEEDQUIT CLAIM DEED
Recording Number:444933436826703672833
Seller:NORTHWEST J & S CORPORATION
Buyer:CAPITAL INN INVESTMENT LLCNORTHWEST J & S CORPORATIONNORTHWEST J & S CORPORATION
Multiple Parcel Sale:NNN
 
Sale Date:08/18/200408/09/200407/23/2004
Price:   
Excise:328224364649327815
Sale Type:QUIT CLAIM DEEDQUIT CLAIM DEEDQUIT CLAIM DEED
Recording Number:0818200440222973665744
Seller:
Buyer:NORTHWEST J & S CORPORATIONNORTHWEST J & S CORPORATIONNORTHWEST J & S CORPORATION
Multiple Parcel Sale:NNN
 
Sale Date:02/06/2002
Price:$660,000
Excise:296953
Sale Type:STATUTRY WARNTY DEED
Recording Number:3411787
Seller:KWAK JIN
Buyer:NORTHWEST J & S CORPORATION
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