Thurston County Assessor
Parcel Number: 78205600100
 
Situs Address: 505 UNION AVE SE
 
Owner: 505 UNION AVENUE LLC
Address:5020 JOPPA ST SW
 TUMWATER, WA 98512
 
Taxpayer: 505 UNION AVENUE LLC
Address:5020 JOPPA ST SW
 TUMWATER, WA 98512
 
Abbreviated Legal:Section 23 Township 18 Range 2W Quarter NW NE APPRAISAL COMBINATION FOR TAX PURPOSES ONLY: Plat SWANS ADDITION TO OLYMPIA BLK 56 Document 010/037 Parcel 1: LT 1 & 2; Parcel 2: LT 3 LESS
 
Date: 2/21/2026
 
Sect/Town/Range:23 18 2W
 
Size:.48 Acres
UseCode:63 Service - Business
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$417,000$632,700$554,400$365,400$582,000$419,500$430,100$548,800$978,400$694,400
Market Value Buildings$1,182,100$967,300$3,058,700$3,834,400$3,644,700$3,892,400$3,393,500$2,899,000$2,990,800$2,729,800
Market Value Total$1,599,100$1,600,000$3,613,100$4,199,800$4,226,700$4,311,900$3,823,600$3,447,800$3,969,200$3,424,200


Commercial Structures

BuildingYear BuiltFloorSquare FeetNo. FloorsTotal Sq. Ft.QualityCondition
OFC-BSMT-PRK1985011502111502AVERAGEAVERAGE
OFFICE1985211646111646AVERAGEAVERAGE
OFFICE1985311646111646AVERAGEAVERAGE
OFFICE1985111578111578AVERAGEAVERAGE
   
 ---------- 
 46372
 
 

Detached Structures

StructureYear BuiltSquare FeetQualityCondition
 
PVNG-CONCRTE1985480AVERAGEAVERAGE
PVNG-ASPHALT19853600FAIRAVERAGE

Land Characteristics

Land Flag6000
 
Lot Square Footage20886
 
Lot Acreage0.48
 
Effective FrontageNot Listed
 
Effective DepthNot Listed
 
Land Influence(s)No Influences Listed

Sales

Sale Date:12/27/202309/04/201803/26/2001
Price:$1,600,000$4,295,000 
Excise:E036622389134287554
Sale Type:STATUTRY WARNTY DEEDSTATUTRY WARNTY DEEDQUIT CLAIM DEED
Recording Number:500163446465003345155
Seller:STAR II 505 UNION LLCTHE REPUBLIC BUILDING CO TENANCY
Buyer:505 UNION AVENUE LLCSTAR II 505 UNION LLCTHE REPUBLIC BUILDING CO TENANCY
Multiple Parcel Sale:NYY
 
Sale Date:08/27/1998
Price:$41,500
Excise:262311
Sale Type:QUIT CLAIM DEED
Recording Number:3176418
Seller:MAINSTREET INVESTORS INC
Buyer:THE REPUBLIC BUILDING CO TENANCY
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