4538 Martin Way E, Olympia, WA 98516 Property Records

Thurston County property record for 4538 Martin Way E, Olympia, WA 98516

Property Summary

Property TypeCommercial Office
Details9,342 sqft · built 2014
Lot Size0.78 acres (33,977 sqft)
OwnerOwner Name on File
Last Sale$732,500 (Nov 2012)
Tax Bill$10 (2026)
Deeds & MortgagesJun 2017 Mortgage
Flood ZoneZone X (minimal risk)
APN1181-71-40203

Property Details

APN / Parcel Number

Primary APN1181-71-40203

Interior

Stories2 Stories
Building Area9,342 sqft Total Area
1st Floor Area7,105 sqft
Fire SprinklersFire Sprinklers

Exterior

Year BuiltBuilt 2014
Exterior MaterialOther
Construction TypeWood Frame
Lot Area33,977 sqft (0.78 acres)

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemHVAC

Location & Zoning

Street Address4538 MARTIN WAY E
CityOLYMPIA
StateWA
Zip98516-5386
Property CategoryCommercial
Property TypeCommercial > Office > Commercial Office
Legal DescriptionSECTION 17 TOWNSHIP 18 RANGE 1W QUARTER SE NE BLA130099OL TR A DOCUMENT 4363660
Legal Range01W
Legal Township18N
Legal Section17
Legal QuarterNE
Legal SubdivisionBLA#BLA-130090L
Legal TractA
Legal Lot Number3
JurisdictionTHURSTON WA
Township / Civil DivisionOLYMPIA
Census Block Group1
Census Block1010
Census Tract12224

Owner

The current owner of 4538 Martin Way E bought it in November 2012.

Source: Thurston County records, as of March 11, 2026

Owner of RecordOwner Name on File
Mailing Address4530 MARTIN WAY E, OLYMPIA, WA 98516-5363
OccupancyOwner Occupied

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleNov 26, 2012 · Amount on File
Deed SaleNov 26, 2012 · Amount on File
Prior SaleFeb 18, 2005
Deed Document Number4302380
Record UpdatedJun 8, 2026

June 2017: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionTHURSTON WA
Property Address4538 MARTIN WAY E, OLYMPIA, WA 98516-5386
Transaction TypeMortgage
Record UpdatedFeb 5, 2021
Title CompanyTHURSTON COUNTY TITLE CO

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0004570998
DateJun 26, 2017
Instrument4570998
Lender
NameFIRST CITIZENS BANK & TRUST CO
TypeBank
AddressRALEIGH, NC 27611
Agreement
TypeCommercial Mortgage
AmountAmount on Record

Tax Assessment & Valuation

The 2026 property tax bill for 4538 Martin Way E was $10.

Source: Thurston County assessment roll, as of January 1, 2026

Property Jurisdictions

TypeName
StateWashington
CountyThurston County
MunicipalityOlympia City
Unified School DistrictNorth Thurston Public Schools (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$10.00
2025$3,261,700 Land $1,440,900 Building $1,820,800$3,261,700 Land $1,440,900 Building $1,820,800
2023$33,464.00
2022$3,402,500 Land $444,900 Building $2,957,600$3,402,500 Land $444,900 Building $2,957,600

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 4538 Martin Way E in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective May 8, 2024 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies1 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 4538 Martin Way E is low, with a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 80% of the US · lower than 84% of Washington
Wildfire Likelihood0.01% annual chance
ExposureNone
beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemCITY OF OLYMPIA
serves 126,966 people · EPA ID WA5363450
Water SourceGroundwater
Last State InspectionNov 2022
Lead3 ppb (2023–2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting1
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 87 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 250
Verizon
Fixed Wireless
300 / 20
AT&T
Fixed Wireless
100 / 20

May also be available: CenturyLink, T-Mobile.

Nearby Properties on Martin Way E

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