Financial & Assessment Core

Assessor Fair Market Value

$1,467,500

Taxable Assessed Value

$1,467,500

Est. Benchmark Tax (Unadjusted)

$13,794 / yr

at 0.94% benchmark baseline

Check Tax Equity Comps →

Cadastral Land Area

3.02 Acres

131,493 sq ft

Cadastral Attributes & Deed Registry

Recorded Legal Owner	Public Assessment Record
Mailing Address	2729 LIBBY RD NE, OLYMPIA WA
Land Classification	Retail Store / Commercial Outlet
Improvement Share	81% Structure • 19% Land
Legal Description	https://tcproperty.co.thurston.wa.us/propsql/basic.asp?fe=PR&pn=09010046000

Tax Equity Assessment Comps & Appeal Intelligence

🎯 Inequity Identified (4 Verified Comps)

2729 LIBBY RD NE is cataloged under the 67 County, WA property tax appraisal roll with an assessor fair market valuation of $1,467,500. Structural improvements constitute 81% ($1,193,200) of total parcel value, with allocated land value accounting for 19% ($274,300). Based on the prevailing WA benchmark tax rate of 0.94%, estimated annual ad valorem taxes are approximately $13,794/year.

Assessed Land Valuation Baseline

$2.0860 / sq ft

Pure Cadastral Land Allocation ($274,300)

Plat Equity Disparity

Up to 50.9% Lower

Avg 33.7% reduction across 4 comps

Est. Potential Tax Rollback

$869 / yr

Immediate relief against certified assessment roll

Verified Pure Land Comparables (Private Holdings on Immediate Plat):

Comparable APN	Street Address / Owner	Land Area	Certified Land Value	Land Rate / sq ft	Inequity Gap
VERIFIED COMP 09010039001	2701 LIBBY RD NE Property Owner	250,091 sq ft	$256,400	$1.0252	-50.9%
LOCKED 090100•••••	2704 F•••••••••••• Prop••••••••••••	138,315 sq ft	$193,900	$1.4019	-32.8%
LOCKED 090200•••••	https:•••••••••••• Prop••••••••••••	20,360 sq ft	$30,600	$1.5030	-28.0%
LOCKED 090100•••••	2801 L•••••••••••• Prop••••••••••••	184,510 sq ft	$296,000	$1.6043	-23.1%

Official Value Adjustment Board (VAB) Evidence Packet Ready

Under Florida Statutes § 193.011 and county appraisal guidelines, presenting verified lower-assessed adjacent land comparables establishes prima facie proof of unequal assessment. Open the official certified evidence packet ready for VAB board submission.

🔒 Orders Paused for System Maintenance

Nearby Properties in 67 County

Adjacent Property & Address	City	Just Valuation
2701 LIBBY RD NE, OLYMPIA, WA	OLYMPIA	$631,300
2420 26TH AVE NE, OLYMPIA, WA	OLYMPIA	$544,700
2402 26TH AVE NE, OLYMPIA, WA	OLYMPIA	$443,800
2649 LIBBY RD NE, OLYMPIA, WA	OLYMPIA	$650,700
2232 26TH AVE NE, OLYMPIA, WA	OLYMPIA	$486,500
2210 26TH AVE NE, OLYMPIA, WA	OLYMPIA	$944,700