Thurston County Assessor
Parcel Number: 78509400100
 
Situs Address: 510 CAPITOL WAY N
 
Owner: FAIRFIELD BOARDWALK LP
Address:5355 MIRA SORRENTO PL STE 100
 SAN DIEGO, CA 92121
 
Taxpayer: FAIRFIELD BOARDWALK LP
Address:5355 MIRA SORRENTO PL STE 100
 SAN DIEGO, CA 92121
 
Abbreviated Legal:Section 14 Township 18 Range 2W SYLVESTER TOWN OF OLYMPIA PTN LT 1-8 B A, TIDELANDS 91000100000 ASSESSED HERE; BLA983477OL TR A Document 3257278; LESS PTN FOR STREETS PER AFN:3888518.
 
Date: 2/21/2026
 
Sect/Town/Range:14 18 2W
 
Size:1.45 Acres
UseCode:13 Five-Plus Unit
TCA Number:110
Neighborhood:8CFB
Property Type:APT
Total Living Units:142
Taxable:YES
Active Exemptions:DoR Institutional
School District:OLYMPIA S.D. #111
 

Market Values

Tax Year2026202520242023202220212020201920182017
Assessment Year2025202420232022202120202019201820172016
 
Market Value Land$9,940,000$3,826,600$1,186,000$1,140,200$1,054,400$1,869,900$1,953,800$2,438,100$1,659,300$2,757,200
Market Value Buildings$20,339,500$27,176,100$20,729,100$28,163,200$14,581,100$11,928,400$11,601,000$8,615,100$10,175,200$10,313,100
Market Value Total$30,279,500$31,002,700$21,915,100$29,303,400$15,635,500$13,798,300$13,554,800$11,053,200$11,834,500$13,070,300


Commercial Structures

BuildingYear BuiltFloorSquare FeetNo. FloorsTotal Sq. Ft.QualityCondition
APARTMENTS1999127048127048AVERAGEAVERAGE
APARTMENTS1999225451125451AVERAGEAVERAGE
APARTMENTS1999325451125451AVERAGEAVERAGE
APARTMENTS1999425451125451AVERAGEAVERAGE
   
 ---------- 
 103401
 
 

Detached Structures

StructureYear BuiltSquare FeetQualityCondition
 
PVNG-ASPHALT199915225AVERAGEAVERAGE

Land Characteristics

Land Flag6000
 
Lot Square Footage63097
 
Lot Acreage1.45
 
Effective FrontageNot Listed
 
Effective DepthNot Listed
 
Land Influence(s)OC-OLYMPIA CORE AREA

Sales

Sale Date:01/07/202009/01/1998
Price:$31,850,000$1,200,000
Excise:E004235262576
Sale Type:STATUTRY WARNTY DEEDSTATUTRY WARNTY DEED
Recording Number:47297163178392
Seller:CAPITOL WAY ASSOCIATESYARDBIRDS CORP LTD PRTNRSHP
Buyer:FAIRFIELD BOARDWALK LPCAPITOL WAY ASSOCIATES
Multiple Parcel Sale:YY
 

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