Thurston County Assessor
Parcel Number: 42800400700
 
Situs Address: 1518 MAGNOLIA ST SE
 
Owner: GERALD BAILEY PROPERTIES LLC
Address:1524 MAGNOLIA ST SE
 LACEY, WA 98503
 
Taxpayer: GERALD BAILEY PROPERTIES LLC
Address:1524 MAGNOLIA ST SE
 LACEY, WA 98503
 
Abbreviated Legal:Section 20 Township 18 Range 1W Plat COUNTRY HOMES DIV 2 BLK 4 LT 7 Document 013/043
 
Date: 2/21/2026
 
Sect/Town/Range:20 18 1W
 
Size:0.21 Acres
UseCode:12 Two-to-Four Unit
TCA Number:241
Neighborhood:80I0
Property Type:MUL
Total Living Units:2
Taxable:YES
Active Exemptions:None
Fire District:FIRE DISTRICT #03
School District:NORTH THURSTON S.D. #3
 
Water Source:PUBLIC
Sewer Type:SEWER

Market Values

Tax Year2026202520242023202220212020201920182017
Assessment Year2025202420232022202120202019201820172016
 
Market Value Land$255,000$247,400$205,400$173,400$111,900$90,000$130,500$90,800$103,300$55,900
Market Value Buildings$375,900$328,600$375,600$307,500$245,300$272,200$219,700$227,600$198,200$191,200
Market Value Total$630,900$576,000$581,000$480,900$357,200$362,200$350,200$318,400$301,500$247,100

Residential Structures

Year Built1971 Fireplaces/Wood Stoves0
ConstructionDUPLEX Heat TypeELEC-RADIANT
Construction QualityAVERAGE Fuel TypeELECTRIC
Physical ConditionGOOD Foundation TypeCONCRETE
Number of Bedrooms6 Exterior Wall TypeHARDIPLANK
Full Baths2 Roofing MaterialCOMPOSITION
Partial Baths2     
   
Residence Square Footage
Main Finished Area1252
Upper Finished Area1360
Attached Garage Square Footage
Attached Garage Sqft676
Misc Structures
Covered Porch28
Patio230

Land Characteristics

Land Flag1900
 
Lot Square Footage9350
 
Lot AcreageNot Listed
 
Effective FrontageNot Listed
 
Effective DepthNot Listed
 
Land Influence(s)No Influences Listed

Sales

Sale Date:05/26/200908/09/2000
Price:  
Excise:508457281501
Sale Type:STATUTRY WARNTY DEEDQUIT CLAIM DEED
Recording Number:40845743307291
Seller:BAILEY TRUSTEES GERALD & BETTYBAILEY GERALD
Buyer:GERALD BAILEY PROPERTIES LLCBAILEY, TRUSTEES GERALD & BETTY
Multiple Parcel Sale:YY
 

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