Taxes
- Assessed Value: $987,900
- Assessed Year: 2025
- Assessed County: Thurston
- APN: 78501500100
- Assessed Land Value: 196900
- Market Land Value: 196900
- Tax Amount: 10421.63
- Tax Year: 2026
- Market Value: 987900
- Market Year: 2025
121 5th Ave; Olympia, WA Property Details
Off market
500 Capitol Way S Olympia, WA 98501
$987,900 Estimated Value
3,489 SqFt
Property Type
Retail StoresProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1916
- Purchase Price: $1,025,000
- Open Loans / Balance: 1 / $815,561
- APN: 78501500100
- Situs County: Thurston
- Length Of Ownership: 1 year
Structure
- Building Style: Masonry
- Stories: 2
- Exterior Wall Type: Concrete
- Building Condition: Good
- Building Quality: C+
- Sewer Type: Municipal
- Water Source: Municipal
Measurements
- Total: 3,489/SqFt
- Lot: 3,600/SqFt
- Gross: 3,489/SqFt
- Living: 3,489/SqFt
- Building: 7,089/SqFt
- Ground: 3,489/SqFt
- Price Per Square Foot: $293.78
Legal Description
- Description: SECTION 14 TOWNSHIP 18 RANGE 2W PLAT SYLVESTER TOWN OF OLYMPIA BLK 15 LT 1 & 2 N 1/4 DOCUMENT 001/014
Building Insights
Land Information
- Property Type: Retail Stores
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Olympia School District
- Lat / Lon: 47.04398 / -122.90115
- Subdivision: Sylvester Town Of Olympia
- Property Class: Commercial
- Zoning: DB
- County Use Code: 53
Amenities
- Plus Four: 1204
- Cooling: Packaged Unit
- Heating: Yes
Ownership Info
500 Capitol Way S has no associated ownership info
500 Capitol Way S has no associated ownership info.
Taxes
500 Capitol Way S has 10 associated Taxes items
121 5th Ave, Olympia, WA pays taxes in Thurston County, WA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $987,900. The APN we've located for 121 5th Ave is 78501500100.
Unlock the full reportTax History
500 Capitol Way S has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2026 | Assessed Value | Land Value | Improvement Value | Tax Amount $10,421.63 | Change Rate | Assessed CR | Tax Rate |
| Year 2025 | Assessed Value $987,900 | Land Value $196,900 | Improvement Value $791,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $1,176,300 | Land Value $122,700 | Improvement Value $1,053,600 | Tax Amount $11,895.94 | Change Rate -0.289217% | Assessed CR | Tax Rate +0.010113% |
| Year 2023 | Assessed Value $1,299,900 | Land Value $123,800 | Improvement Value $1,176,100 | Tax Amount $16,736.39 | Change Rate +0.247746% | Assessed CR | Tax Rate +0.012875% |
| Year 2022 | Assessed Value $1,679,800 | Land Value $132,300 | Improvement Value $1,547,500 | Tax Amount $13,413.3 | Change Rate +0.104716% | Assessed CR | Tax Rate +0.007985% |
| Year 2021 | Assessed Value $1,123,900 | Land Value $191,200 | Improvement Value $932,700 | Tax Amount $12,141.85 | Change Rate -0.023345% | Assessed CR | Tax Rate +0.010803% |
| Year 2020 | Assessed Value $941,500 | Land Value $118,300 | Improvement Value $823,200 | Tax Amount $12,432.08 | Change Rate +0.036511% | Assessed CR | Tax Rate +0.013205% |
| Year 2019 | Assessed Value $940,500 | Land Value $146,600 | Improvement Value $793,900 | Tax Amount $11,994.16 | Change Rate -0.045324% | Assessed CR | Tax Rate +0.012753% |
| Year 2018 | Assessed Value $933,400 | Land Value $195,300 | Improvement Value $738,100 | Tax Amount $12,563.59 | Change Rate -0.007899% | Assessed CR | Tax Rate +0.01346% |
| Year 2017 | Assessed Value $1,015,200 | Land Value $201,300 | Improvement Value $813,900 | Tax Amount $12,663.62 | Change Rate | Assessed CR | Tax Rate +0.012474% |
| Year 2016 | Assessed Value $925,500 | Land Value $189,000 | Improvement Value $736,500 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value | Land Value | Improvement Value | Tax Amount $12,303.53 | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $985,500 | Land Value $178,400 | Improvement Value $807,100 | Tax Amount | Change Rate | Assessed CR | Tax Rate |