Thurston County Assessor
Parcel Number: 78507500300
 
Situs Address: 201 5TH AVE W
 
Owner: WATER STREET ASSOCIATES LLC
Address:1321 SENECA ST UNIT 2301
 SEATTLE, WA 98101
 
Taxpayer: WATER STREET ASSOCIATES LLC
Address:1321 SENECA ST UNIT 2301
 SEATTLE, WA 98101
 
Abbreviated Legal:Section 14 Township 18 Range 2W Plat SYLVESTERS LTS 2, 3, 4 & 5 BLK 75 1/14 IMPROVEMENTS ONLY FROM 78507500101
 
Associations:99000076800   HERITAGE BANK
Date: 4/24/2026
 
Sect/Town/Range:14 18 2W
 
Size:0.00 Acres
UseCode:61 Service - Finance
TCA Number:110
Neighborhood:3OFB
Property Type:OFF
Taxable:YES
Active Exemptions:None
School District:OLYMPIA S.D. #111
 

Market Values

Tax Year2026202520242023202220212020201920182017
Assessment Year2025202420232022202120202019201820172016
 
Market Value Land          
Market Value Buildings$2,898,000$2,893,700$3,223,900$3,224,000$3,224,000$4,648,500$4,974,300$4,243,400$4,347,100$3,638,700
Market Value Total$2,898,000$2,893,700$3,223,900$3,224,000$3,224,000$4,648,500$4,974,300$4,243,400$4,347,100$3,638,700


Commercial Structures

BuildingYear BuiltFloorSquare FeetNo. FloorsTotal Sq. Ft.QualityCondition
BANK19731697816978GOODAVERAGE
OFFICE19732658616586GOODAVERAGE
OFFICE19733658616586GOODAVERAGE
OFFICE19734658616586GOODAVERAGE
   
 ---------- 
 26736
 
 

Land Characteristics

Land FlagNot Listed
 
Lot Square FootageNot Listed
 
Lot AcreageNot Listed
 
Effective FrontageNot Listed
 
Effective DepthNot Listed
 
Land Influence(s)No Influences Listed

Sales

Sale Date:12/30/2021
Price:$5,350,000
Excise:E022904
Sale Type:STATUTRY WARNTY DEED
Recording Number:4906953
Seller:HERITAGE FEDERAL SAV & LOAN
Buyer:WATER STREET ASSOCIATES 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