Thurston County Assessor
Parcel Number: 38440000600
 
Situs Address: 3920 CAPITAL MALL DR SW
 
Owner: MULTICARE HEALTH SYSTEM
Address:PO BOX 5299
 TACOMA, WA 98415
 
Taxpayer: MULTICARE HEALTH SYSTEM
Address:PO BOX 5299
 TACOMA, WA 98415
 
Abbreviated Legal:Section 17 Township 18 Range 2W Binding Site Plan CAPITAL MEDICAL CTR - BSP AMENDED TR F Document 3380741
 
Associations:99002155846    CAPITAL ENT
 99000925000   MULTICARE HEALTH SYSTEM
 99002178346    MULTICARE HS DBA CAPITAL INFECTIOUS DISEASE CLINIC
 99002039239   OMC AMBULATORY PROCEDURE CENTER
 99002023810   PULSE VASCULAR SURGERY CAPITAL
Date: 2/21/2026
 
Sect/Town/Range:17 18 2W
 
Size:0.56 Acres
UseCode:65 Service - Professional
TCA Number:110
Neighborhood:09EA
Property Type:HOS
Taxable:YES
Active Exemptions:DoR Institutional
School District:OLYMPIA S.D. #111
 
Water Source:PUBLIC
Sewer Type:SEWER

Market Values

Tax Year2026202520242023202220212020201920182017
Assessment Year2025202420232022202120202019201820172016
 
Market Value Land$530,100$248,300$227,600$186,800$279,000$460,400$434,700$328,400$464,600$385,350
Market Value Buildings$15,873,500$16,303,200$14,738,300$19,673,600$14,961,000$13,273,400$11,897,300$11,181,300$10,930,700$12,135,400
Market Value Total$16,403,600$16,551,500$14,965,900$19,860,400$15,240,000$13,733,800$12,332,000$11,509,700$11,395,300$12,520,750


Commercial Structures

BuildingYear BuiltFloorSquare FeetNo. FloorsTotal Sq. Ft.QualityCondition
MEDICAL-OFC1994116500116500GOODAVERAGE
MEDICAL-OFC1994214291114291GOODAVERAGE
MEDICAL-OFC1994314291114291GOODAVERAGE
MEDICAL-OFC1994414291114291GOODAVERAGE
   
 ---------- 
 59373
 
 

Detached Structures

StructureYear BuiltSquare FeetQualityCondition
 
PVNG-CONCRTE1994898AVERAGEAVERAGE

Land Characteristics

Land Flag5830
 
Lot Square Footage24393
 
Lot AcreageNot Listed
 
Effective FrontageNot Listed
 
Effective DepthNot Listed
 
Land Influence(s)MT-MOD-TRAFFIC

Sales

Sale Date:12/20/202107/21/201605/15/2002
Price:$135,000,000$101,305,777$8,600,000
Excise:E022629383594299880
Sale Type:SPECIAL WARRNTY DEEDSPECIAL WARRNTY DEEDSPECIAL WARRNTY DEED
Recording Number:490524045136683434146
Seller:MPT OF OLYMPIA CAPELLA LLCCOLUMBIA CAPITAL MEDICAL CENTER L PBURCOT ASSOCIATES LLC
Buyer:MULTICARE HEALTH SYSTEMMPT OF OLYMPIA CAPELLA LLCCAPITAL MEDICAL CENTER LTD PTNRSHP
Multiple Parcel Sale:YYN
 
Sale Date:12/05/2001
Price: 
Excise:295214
Sale Type:QUIT CLAIM DEED
Recording Number:3397180
Seller:BURCOT ASSOC
Buyer:BURCOT ASSOCIATES 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