Thurston County Assessor
Parcel Number: 78206700801
 
Situs Address: 1235 4TH AVE E
 
Owner: 3LAB VENTURES LLC
Address:1235 4TH AVE E STE 200
 OLYMPIA, WA 98506
 
Taxpayer: 3LAB VENTURES LLC
Address:1235 4TH AVE E STE 200
 OLYMPIA, WA 98506
 
Abbreviated Legal:Section 13 Township 18 Range 2W Quarter NW SW APPRAISAL COMBINATION FOR TAX PURPOSES ONLY; Parcel 1: Plat SWANS ADDITION TO OLYMPIA BLK 67 LT 8 W 50 FT OF N 105 FT Document 001/037;
 
Associations:99001189100   MC - SQUARED INC
 99002040227   PITMAN HUFF RAEDEL MAGARO LIFETIME LEGAL PLLC
Date: 2/21/2026
 
Sect/Town/Range:13 18 2W
 
Size:0.43 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$420,600$317,600$337,400$211,800$205,900$444,500$477,800$359,600$376,200$485,600
Market Value Buildings$719,800$819,800$1,114,200$1,422,300$890,100$771,300$681,700$582,100$600,900$892,400
Market Value Total$1,140,400$1,137,400$1,451,600$1,634,100$1,096,000$1,215,800$1,159,500$941,700$977,100$1,378,000

Commercial Structures

BuildingYear BuiltFloorSquare FeetNo. FloorsTotal Sq. Ft.QualityCondition
OFFICE19951367213672AVE/GOODAVERAGE
OFFICE19952367213672AVE/GOODAVERAGE
   
 ---------- 
 7344
 
 

Detached Structures

StructureYear BuiltSquare FeetQualityCondition
 
PVNG-ASPHALT19957400AVERAGEAVERAGE
PVNG-CONCRTE1995450AVERAGEAVERAGE

Land Characteristics

Land Flag5010
 
Lot Square Footage18750
 
Lot Acreage0.43
 
Effective FrontageNot Listed
 
Effective DepthNot Listed
 
Land Influence(s)No Influences Listed

Sales

Sale Date:04/28/2021
Price:$1,137,500
Excise:E015436
Sale Type:STATUTRY WARNTY DEED
Recording Number:4848607
Seller:FOURTH STREET GROUP LLC
Buyer:3LAB VENTURES LLC
Multiple Parcel Sale:N
 
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