975 Carpenter Rd NE, Lacey (Olympia), WA 98516 Property Records

Thurston County property record for 975 Carpenter Rd NE, Lacey, WA 98516

Property Summary

Property TypeCommercial Office
Details42,600 sqft · built 2006
Lot Size4.21 acres (183,388 sqft)
OwnerCompany Name on File
Last Sale$2,500,000 (Nov 2023)
Tax Bill$13 (2026)
Deeds & MortgagesNov 2023 Sale
Apr 2020 Line of Credit
Flood ZoneZone X (minimal risk)
APN3924-00-00100

Property Details

APN / Parcel Number

Primary APN3924-00-00100

Interior

Stories3 Stories
Building Area42,600 sqft Total Area
1st Floor Area14,200 sqft
Fire SprinklersFire Sprinklers

Exterior

Year BuiltBuilt 2006
Exterior MaterialPrecast Concrete Panel
Construction TypeSteel Frame
Lot Area183,388 sqft (4.21 acres)

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemHVAC
SewerMunicipal
Water SourceCommercial

Location & Zoning

Street Address975 CARPENTER RD NE
CityLACEY
StateWA
Zip98516-5560
Property CategoryCommercial
Property TypeCommercial > Office > Commercial Office
Legal DescriptionSECTION 10 TOWNSHIP 18 RANGE 1W QUARTER SW SW BINDING SITE PLAN CARPENTER PROFESSIONAL OFFICE PARK BSP LT 1 DOCUMENT 3746170;
Legal Range01W
Legal Township18N
Legal Section10
Legal QuarterSW
Legal SubdivisionCARPENTER PROFESSIONAL OFFICE PARK BSP
Legal Lot Number1
JurisdictionTHURSTON WA
Township / Civil DivisionOLYMPIA
Census Block Group3
Census Block3008
Census Tract11200

Owner

975 Carpenter Rd NE, a commercial property, is owned by a company that bought it in November 2023 and is owner-occupied.

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

Owner of RecordCompany Name on File
Mailing Address975 CARPENTER RD NE STE 301, 301, LACEY, WA 98516-5560
OccupancyOwner Occupied
Owner TypeCompany

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

DateDocument
Nov 30, 2023Bargain and Sale Deed, Transfer
FIDELITY NATIONAL TITLE
Apr 23, 2020Deed of Trust, Mortgage · Line of Credit
FARM BUREAU BANK FSB

Assessor's Deed Record

Deed NamesName on Deed
Last SaleNov 30, 2023 · Amount on File
Deed SaleNov 30, 2023 · Amount on File
Deed Document Number4998869
Record UpdatedJun 8, 2026

November 2023: Bargain and Sale Deed, Transfer

Document TypeBargain and Sale Deed
JurisdictionTHURSTON WA
Recording DateNov 30, 2023
Property Address975 CARPENTER RD NE, LACEY, WA 98516-5560
Document Number0004998869
Map ReferenceDOC 3746170
Instrument DateNov 30, 2023
Instrument4998869
Transaction TypeTransfer
Record UpdatedApr 9, 2024
Title CompanyFIDELITY NATIONAL TITLE

Transaction

AmountAmount on Record
Tax$57,887.50
Amount AccuracyCalculated from Transfer Tax
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address975 CARPENTER RD NE, LACEY, WA 98516-5560

April 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionTHURSTON WA
Property Address975 CARPENTER RD NE, LACEY, WA 98516-5560
Transaction TypeMortgage
Record UpdatedFeb 5, 2021

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0004749272
DateApr 23, 2020
Instrument4749272
Lender
NameFARM BUREAU BANK FSB
TypeBank
AddressSPARKS, NV 89431
Agreement
TypeLine of Credit
AmountAmount on Record
Term73 Months
DueMay 1, 2026
Interest
Rate TypeAdjustable Rate
Change FrequencyMonthly

Tax Assessment & Valuation

The 2026 property tax bill for 975 Carpenter Rd NE was $13.

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

Property Jurisdictions

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

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$13.00
2025$9,642,200 Land $1,185,400 Building $8,456,800$9,642,200 Land $1,185,400 Building $8,456,800
2023$122,128.00
2022$12,857,100 Land $684,000 Building $12,173,100$12,857,100 Land $684,000 Building $12,173,100

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

Flood

FEMA maps place 975 Carpenter Rd NE 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 975 Carpenter Rd NE 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 SystemLACEY WATER DEPARTMENT
serves 105,178 people · EPA ID WA5343500
Water SourceGroundwater
Last State InspectionAug 2022

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting4
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 7 locations within half a mile, as of December 31, 2025

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

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