Thurston County Assessor
Parcel Number: 68200400100
 
Situs Address: 1226 NE STATE ST
 
Owner: TBI HOLDING LLC
Address:7705 TROWBRIDGE LN SE
 OLYMPIA, WA 98513
 
Taxpayer: TBI HOLDING LLC
Address:7705 TROWBRIDGE LN SE
 OLYMPIA, WA 98513
 
Abbreviated Legal:Section 13 Township 18 Range 2W Plat PATTISON JR ADDITION BLK 4 LT 1 Document 003/120
 
Associations:99002198995    SMITH & DIETRICH LAW OFFICES PLLC
 99002192583    TERI BANGART INSURANCE AGENCY - ALLSTATE INSURANCE
Date: 2/21/2026
 
Sect/Town/Range:13 18 2W
 
Size:0.12 Acres
UseCode:65 Service - Professional
TCA Number:110
Neighborhood:3OFB
Property Type:OFF
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$204,100$125,900$110,300$74,600$96,200$169,000$181,700$153,000$174,600$249,000
Market Value Buildings$349,800$492,800$390,000$498,200$311,400$260,400$228,300$192,400$198,900$295,900
Market Value Total$553,900$618,700$500,300$572,800$407,600$429,400$410,000$345,400$373,500$544,900

Commercial Structures

BuildingYear BuiltFloorSquare FeetNo. FloorsTotal Sq. Ft.QualityCondition
OFFICE19901110811108AVE/GOODAVERAGE
OFFICE19902115911159AVE/GOODAVERAGE
   
 ---------- 
 2267
 
 

Detached Structures

StructureYear BuiltSquare FeetQualityCondition
 
PVNG-CONCRTE1990680AVERAGEAVERAGE
PVNG-ASPHALT19901100AVERAGEAVERAGE

Land Characteristics

Land Flag5010
 
Lot Square Footage5253
 
Lot AcreageNot Listed
 
Effective FrontageNot Listed
 
Effective DepthNot Listed
 
Land Influence(s)No Influences Listed

Sales

Sale Date:01/05/202106/29/200606/16/2006
Price:$417,500  
Excise:E012532353127352560
Sale Type:STATUTRY WARNTY DEEDQUIT CLAIM DEEDQUIT CLAIM DEED
Recording Number:481519238460143842852
Seller:SINCLAIR STATE STREET PROPERTIES LLCSINCLAIR STATE STREET PROPERTIES LLCSINCLAIR PS JOHN
Buyer:TBI HOLDING LLCSINCLAIR STATE STREET PROPERTIES LLCSINCLAIR STATE STREET PROPERTIES 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