Thurston County Assessor
Parcel Number: 45100000202
 
Situs Address: 1500 SW WATER ST
 
Owner: WATER STREET APARTMENTS LLC
Address:1500 WATER ST SW # 3
 OLYMPIA, WA 98501
 
Taxpayer: WATER STREET APARTMENTS LLC
Address:1500 WATER ST SW # 3
 OLYMPIA, WA 98501
 
Abbreviated Legal:Section 23 Township 18 Range 2W Plat DUNBARS Document 8/25 N 65 FT BLK 2
 
Date: 2/22/2026
 
Sect/Town/Range:23 18 2W
 
Size:0.16 Acres
UseCode:13 Five-Plus Unit
TCA Number:110
Neighborhood:8AFB
Property Type:APT
Total Living Units:5
Taxable:YES
Active Exemptions:None
School District:OLYMPIA S.D. #111
 
Water Source:PUBLIC
Sewer Type:SEWER

Market Values

Tax Year2026202520242023202220212020201920182017
Assessment Year2025202420232022202120202019201820172016
 
Market Value Land$157,100$117,200$33,800$200,000$80,300$82,800$182,600$164,700$151,400$87,350
Market Value Buildings$717,900$743,900$796,300$555,000$454,200$565,400$516,400$475,200$434,700$443,200
Market Value Total$875,000$861,100$830,100$755,000$534,500$648,200$699,000$639,900$586,100$530,550


Commercial Structures

BuildingYear BuiltFloorSquare FeetNo. FloorsTotal Sq. Ft.QualityCondition
APARTMENTS19221201412014GOODVERY-GOOD
APARTMENTS19222205012050GOODVERY-GOOD
APT-BSMT-FIN192207301730GOODVERY-GOOD
APT-BSMT-PRK192207381738GOODVERY-GOOD
APT-BSMT-UTL192205821582GOODVERY-GOOD
   
 ---------- 
 6114
 
 

Detached Structures

StructureYear BuiltSquare FeetQualityCondition
 
PVNG-ASPHALT19221050AVERAGEAVERAGE

Land Characteristics

Land Flag2100
 
Lot Square Footage6986
 
Lot Acreage0.16
 
Effective FrontageNot Listed
 
Effective DepthNot Listed
 
Land Influence(s)GV-GOOD-VIEW

Sales

Sale Date:12/15/202110/18/2005
Price:  
Excise:746262344199
Sale Type:QUIT CLAIM DEEDQUIT CLAIM DEED
Recording Number:49076783778151
Seller:DEBOER CO-TRUSTEES LLOYD R & PATRICIA MDE BOER LLOYD
Buyer:WATER STREET APARTMENTS LLCDEBOER CO-TRUSTEES LLOYD R & PATRICIA M
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