Thurston County Assessor
Parcel Number: 78503200500
 
Situs Address: 318 STATE AVE NE
 
Owner: OLYMPIA DEVELOPMENT LLC
Address:1253 S JACKSON ST STE A
 SEATTLE, WA 98144
 
Taxpayer: OLYMPIA DEVELOPMENT LLC
Address:1253 S JACKSON ST STE A
 SEATTLE, WA 98144
 
Abbreviated Legal:Section 14 Township 18 Range 2W Quarter NE SW Plat SYLVESTER TOWN OF OLYMPIA BLA150050OL TR C Document 4450222
 
Date: 2/21/2026
 
Sect/Town/Range:14 18 2W
 
Size:0.37 Acres
UseCode:13 Five-Plus Unit
TCA Number:110
Neighborhood:8BFB
Property Type:APT
Total Living Units:43
Taxable:YES
Active Exemptions:DoR Institutional
School District:OLYMPIA S.D. #111
 
Water Source:PUBLIC
Sewer Type:SEWER

Market Values

Tax Year2026202520242023202220212020201920182017
Assessment Year2025202420232022202120202019201820172016
 
Market Value Land$1,053,500$639,700$202,500$196,000$179,600$305,500$318,200$322,400$489,000$592,300
Market Value Buildings$4,385,400$4,957,500$5,413,200$6,885,900$2,801,400$2,696,500$3,051,000$2,368,700$2,960,600 
Market Value Total$5,438,900$5,597,200$5,615,700$7,081,900$2,981,000$3,002,000$3,369,200$2,691,100$3,449,600$592,300

Commercial Structures

BuildingYear BuiltFloorSquare FeetNo. FloorsTotal Sq. Ft.QualityCondition
APARTMENTS20171859218592AVERAGEAVERAGE
APARTMENTS20172897818978AVERAGEAVERAGE
APARTMENTS20173893118931AVERAGEAVERAGE
APARTMENTS20174900719007AVERAGEAVERAGE
   
 ---------- 
 35508
 
 

Detached Structures

StructureYear BuiltSquare FeetQualityCondition
 
PVNG-CONCRTE2017520AVERAGEAVERAGE

Land Characteristics

Land Flag6000
 
Lot Square Footage15971
 
Lot Acreage0.37
 
Effective FrontageNot Listed
 
Effective DepthNot Listed
 
Land Influence(s)No Influences Listed

Sales

Sale Date:02/29/201610/12/2015
Price:$101,554$100,000
Excise:381441528464
Sale Type:STATUTRY WARNTY DEEDSTATUTRY WARNTY DEED
Recording Number:44891764470167
Seller:LOW INCOME HOUSING INSTITUTE INCOLYMPIA, CITY OF
Buyer:OLYMPIA DEVELOPMENT LLCLOW INCOME HOUSING INSTITUTE INC
Multiple Parcel Sale:NN
 
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