Thurston County Assessor
Parcel Number: 91006500000
 
Situs Address: 505 W 4TH AVE
 
Owner: CITY OF OLYMPIA
Address:PO BOX 1967
 OLYMPIA, WA 98507
 
Taxpayer: CITY OF OLYMPIA
Address:PO BOX 1967
 OLYMPIA, WA 98507
 
Abbreviated Legal:Section 14 Township 18 Range 2W Quarter NW SW APPRAISAL COMBINATION FOR TAX PURPOSES ONLY: Parcel 1: Plat FIRST CLASS TIDELANDS BLK 83 LT 2 & 3; Parcel 2: FCT B 83 L 1; Parcel 3: FCT B
 
Date: 2/21/2026
 
Sect/Town/Range:14 18 2W
 
Size:0.79 Acres
UseCode:67 Service - Governmental
TCA Number:110
Neighborhood:28FB
Property Type:XMP
Taxable:YES
Active Exemptions:Government Property - Property is exempt from property tax and the assessed value may not represent market value.
School District:OLYMPIA S.D. #111
 

Market Values

Tax Year2026202520242023202220212020201920182017
Assessment Year2025202420232022202120202019201820172016
 
Market Value Land$2,026,300$1,681,300$1,473,300$1,518,600$1,932,800$1,242,900$925,000$935,100$1,359,100$1,287,500
Market Value Buildings$94,100$160,600$76,700$79,700$67,700$26,600$29,200$28,300$28,400$35,100
Market Value Total$2,120,400$1,841,900$1,550,000$1,598,300$2,000,500$1,269,500$954,200$963,400$1,387,500$1,322,600

Detached Structures

StructureYear BuiltSquare FeetQualityCondition
 
PVNG-ASPHALT201620920AVERAGEAVERAGE

Land Characteristics

Land Flag6000
 
Lot Square Footage34576
 
Lot Acreage0.79
 
Effective FrontageNot Listed
 
Effective DepthNot Listed
 
Land Influence(s)GV-GOOD-VIEW

Sales

Sale Date:06/13/201307/24/200811/28/1995
Price:$3,100,000$1,950,000$550,000
Excise:3754687056100237709
Sale Type:SPECIAL WARRNTY DEEDSTATUTRY WARNTY DEEDWARRANTY DEED
Recording Number:4341918402693003003122
Seller:CAPITAL SHORES INVESTMENTS LLCHOUSING AUTHORITY-THURSTONTHURSTON, COUNTY OF
Buyer:OLYMPIA, CITY OFCAPITAL SHORES INVESTMENTS LLCHOUSING AUTHORITY THRSTN CTY
Multiple Parcel Sale:YNY
 
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