Thurston County Assessor
Parcel Number: 66450000300
 
Situs Address: 3425 PACIFIC AVE SE
 
Owner: BEAR OLYMPIA PROPERTIES LLC
Address:10115 S TACOMA WAY
 LAKEWOOD, WA 98499
 
Taxpayer: BANWAIT, DANNY
Address:10115 S TACOMA WAY
 LAKEWOOD, WA 98499
 
Abbreviated Legal:Section 18 Township 18 Range 1W Quarter SE SE Binding Site Plan OLYMPIA SQUARE SOUTH BSP FIRST AMENDMENT BSP190571OL LT 3 Document 4686287 CORRECTED AFN 4735724
 
Date: 2/21/2026
 
Sect/Town/Range:18 18 1W
 
Size:0.14 Acres
UseCode:54 Retail - Food
TCA Number:110
Neighborhood:2UFB
Property Type:RST
Taxable:YES
Active Exemptions:None
School District:OLYMPIA S.D. #111
 

Market Values

Tax Year2026202520242023202220212020201920182017
Assessment Year2025202420232022202120202019201820172016
 
Market Value Land$300,400$244,100$111,300$93,400$85,500$161,400$154,000$131,000$92,300$70,500
Market Value Buildings$1,069,200$785,500$814,400$1,606,100$961,600$713,600$564,700$608,700$349,520$436,900
Market Value Total$1,369,600$1,029,600$925,700$1,699,500$1,047,100$875,000$718,700$739,700$441,820$507,400


Commercial Structures

BuildingYear BuiltFloorSquare FeetNo. FloorsTotal Sq. Ft.QualityCondition
RESTAURANT19931386013860AVERAGEVERY-GOOD
   
 ---------- 
 3860
 
 

Land Characteristics

Land Flag5040
 
Lot Square Footage6000
 
Lot Acreage0.14
 
Effective FrontageNot Listed
 
Effective DepthNot Listed
 
Land Influence(s)MINT-MODERATE INTERSECT
XS-EXTRA-SPECIL

Sales

Sale Date:12/27/202407/15/202409/27/2019
Price:$1,850,000$1,425,000 
Excise:E042530E039784E003255
Sale Type:OTHEROTHERQUIT CLAIM DEED
Recording Number:504136750218454713332
Seller:FOUNTAIN VILLAGE DEVELOPMENT LLCWESTWIND BUILDING LLC
Buyer:BEAR OLYMPIA PROPERTIES LLCFOUNTAIN VILLAGE DEVELOPMENT LLCWESTWIND BUILDING LLC
Multiple Parcel Sale:NNN
 
Sale Date:05/29/201912/28/201801/14/2016
Price:$1,950,000$13,000,000$18,500,000
Excise:E001239390639381095
Sale Type:STATUTRY WARNTY DEEDSPECIAL WARRNTY DEEDTRUSTEE DEED
Recording Number:468545246644724484219
Seller:RHINO HOLDINGS OLYMPIA LLC3430 PACIFIC AVENUE HOLDINGS LLCPK I OLYMPIA SQUARE LLC
Buyer:WESTWIND BUILDING LLCRHINO HOLDINGS OLYMPIA LLC3430 PACIFIC AVENUE HOLDINGS LLC
Multiple Parcel Sale:NYY
 
Sale Date:11/01/2006
Price:$39,568,181
Excise:358283
Sale Type:SPECIAL WARRNTY DEED
Recording Number:3882125
Seller:PAN PACIFIC DEVELOPMENT INC
Buyer:PK I OLYMPIA SQUARE LLC
Multiple Parcel Sale:Y
 

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