Thurston County Assessor
Parcel Number: 59250000200
 
Situs Address: 720 LILLY RD SE
 
Owner: SOUTH BAY PROFESSIONAL PROPERTIES LLC
Address:811 GOVERNOR STEVENS AVE SE
 OLYMPIA, WA 98501
 
Taxpayer: SOUTH BAY PROFESSIONAL PROPERTIES LLC
Address:811 GOVERNOR STEVENS AVE SE
 OLYMPIA, WA 98501
 
Abbreviated Legal:Section 17 Township 18 Range 1W Quarter SW SW Binding Site Plan LILLY ROAD LANDS TR B Document 3123524 LESS ROW 4967082 and AMENDED 4972968 2ND AMENDMENT and 4977566 First correction to
 
Associations:99001700700   SOUTH BAY PERIODONTICS
Date: 2/21/2026
 
Sect/Town/Range:17 18 1W
 
Size:0.66 Acres
UseCode:63 Service - Business
TCA Number:114
Neighborhood:3MFB
Property Type:MED
Taxable:YES
Active Exemptions:None
School District:NORTH THURSTON S.D. #3
 
Water Source:PUBLIC
Sewer Type:SEWER

Market Values

Tax Year2026202520242023202220212020201920182017
Assessment Year2025202420232022202120202019201820172016
 
Market Value Land$836,600$563,000$388,900$290,000$402,000$663,300$802,100$512,200$441,300$362,100
Market Value Buildings$1,256,000$1,448,200$1,143,500$2,210,000$1,743,400$1,806,300$1,653,400$1,405,000$1,452,200$1,667,900
Market Value Total$2,092,600$2,011,200$1,532,400$2,500,000$2,145,400$2,469,600$2,455,500$1,917,200$1,893,500$2,030,000

Commercial Structures

BuildingYear BuiltFloorSquare FeetNo. FloorsTotal Sq. Ft.QualityCondition
MEDICAL-OFC19981700017000AVERAGEAVERAGE
   
 ---------- 
 7000
 
 

Detached Structures

StructureYear BuiltSquare FeetQualityCondition
 
PVNG-CONCRTE19981288AVERAGEAVERAGE
PVNG-ASPHALT199812620AVERAGEAVERAGE

Land Characteristics

Land Flag5010
 
Lot Square Footage28850
 
Lot Acreage0.66
 
Effective FrontageNot Listed
 
Effective DepthNot Listed
 
Land Influence(s)No Influences Listed

Sales

Sale Date:05/16/202312/16/202112/04/1997
Price: $2,450,000$37,500
Excise:E033080E022869255155S
Sale Type:QUIT CLAIM DEEDSTATUTRY WARNTY DEEDWARRANTY DEED
Recording Number:497832649067843124708
Seller:SOUTH BAY PROPERTIES LLCOLYMPIA INVESTMENTS LLCGOULD JAMES
Buyer:SOUTH BAY PROFESSIONAL PROPERTIES LLCSOUTH BAY PROPERTIES LLCOLYMPIA INVESTMENTS LLC
Multiple Parcel Sale:NNN
 
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