Listed by Better Properties Soundview, Bought with John L. Scott, Inc.
NOT LISTED FOR SALE

5022 Palermo Ave SE Tumwater, WA 98501

Southeast Capitol Boulevard Neighborhood

Estimated Value: $315,000 - $398,143

2 Beds
1 Bath
1,200 Sq Ft
$303/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $309,500 $258 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,276/month

4 Days on Market

Highlights

  • RV Access or Parking
  • Traditional Architecture
  • Corner Lot
  • Michael T. Simmons Elementary School Rated A-
  • Wood Flooring
  • 1-minute walk to Palermo Pocket Park

About This Home

As of April 2024

This is a wonderful opportunity to restore this Palermo Estates Brick rambler to its former glory. Bring your all-cash offer and work tools. This home is unfinanceable. This home has two separate garages and a covered carport. It is situated on a large, flat, usable, partially fenced corner lot next door to Palmero Park and the Deschutes River estuary. Forced-air gas furnace. Hardwood floors, a large open bonus room, and a double-sided fireplace in the living and Bonus rooms. The second garage is plumbed with an additional toilet stall. The ceilings in the bonus room have fallen in. A new roof was installed on the house in Winter 2023. The bathroom floor is rotted out. Please reference the photos. Buyer to do own assessment.

Last Agent to Sell the Property

Stephanie Herrmann

Better Properties Soundview License #22350 Listed on: 04/19/2024

Last Buyer's Agent

Kathy Holt

John L. Scott, Inc. License #27535

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2225983

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,987

Year Built

  • Built in 1951

Lot Details

  • 8,500 Sq Ft Lot
  • West Facing Home
  • Partially Fenced Property
  • Corner Lot
  • Level Lot
  • Garden

Parking

  • 5 Car Garage
  • Detached Carport Space
  • RV Access or Parking

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace

Kitchen

  • Stove
  • Disposal

Flooring

  • Wood
  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Water Heater

Community Details

  • No Home Owners Association
  • Tumwater Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,987

Year Built

Built in 1951

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1951
  • Buyer Agency Compensation: 2.5
  • Inclusions: GarbageDisposal,Refrigerators,StovesRanges,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Traditional
  • Building Name: Palermo Estates
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1200
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_ExcludedItemsYN: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2225983?w=Consumer&agent=64521
  • Special Features: None
  • Cumulative Days on Market: 470

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Disposal, Refrigerator(s), Stove(s)/Range(s)
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Concrete, Hardwood, Vinyl
  • Interior Amenities: Concrete, Hardwood, Fireplace, Water Heater
  • Living Area: 1200
  • Main Level Bedrooms: 2
  • Bathrooms: 1
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 1200
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Garbage Disposal,Refrigerator(s),Stove(s)/Range(s)
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Paved
  • View: No
  • Waterfront: No
  • Direction Faces: West
  • Exterior Features: Brick, Wood
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Fixer
  • Structure Type: House
  • BusLineNearby: false

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: Yes
  • Covered Parking Spaces: 5
  • Garage Spaces: 5
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Detached Carport, Attached Garage, Detached Garage
  • Total Parking Spaces: 5

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Tumwater
  • WaterCompany: City of Tumwater
  • WaterHeaterLocation: Garage
  • WaterHeaterType: electric

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Tumwater
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 67100600800
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.1951
  • Lot Size Sq Ft: 8500
  • Zoning Description: SFR
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Gas Available,RV Parking,Shop
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas, Wood

Tax Info

  • Year: 2024
  • Tax Annual Amount: 2987

Multi Family

  • EnergySource: Electric,Natural Gas,Wood

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
Apr 29, 2024
Sold by
Kauzloric Philip A and Kauzloric Jayne E
Bought by
Pettie Don and Pettie Denise
Seller's Agent
Stephanie Herrmann
Better Properties Soundview
Buyer's Agent
Kathy Holt
John L. Scott, Inc.
List Price
$249,999
Sold Price
$309,500
Premium/Discount to List
$59,501
23.8%
Views
83
Current Estimated Value
$370,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,702
Avg. Annual Appreciation
11.57%
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pettie Don $309,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kauzloric Philip A $72,838
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2024 04/30/24 Sold $309,500 +23.8% $258 / Sq Ft
04/23/2024 04/23/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $249,999 -- $208 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,987 $325,300 $162,600 $162,700
2023 $2,987 $298,000 $131,900 $166,100
2022 $2,738 $286,600 $106,000 $180,600
2021 $2,602 $232,300 $89,400 $142,900
2020 $2,335 $202,500 $92,300 $110,200
2019 $2,057 $176,100 $57,300 $118,800
2018 $1,996 $154,500 $44,700 $109,800
2017 $2,038 $155,000 $52,200 $102,800
2016 $2,019 $149,900 $58,300 $91,600
2014 -- $148,000 $58,300 $89,700
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Herrmann

    Seller's Agent in 2024

    Stephanie Herrmann

    Better Properties Soundview

    (253) 332-2101

    1 in this area

    182 Total Sales

    Section Image
  • Kathy Holt

    Buyer's Agent in 2024

    Kathy Holt

    John L Scott

    (360) 870-8661

    2 in this area

    38 Total Sales

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2225983

Northwest Multiple Listing Service (NWMLS)

APN: 67100600800

Washington Thurston County Tumwater 98501 Southeast Capitol Boulevard

5022 Palermo Ave SE, Tumwater, WA

This home is located at 5022 Palermo Ave SE, Tumwater, WA 98501 since 19 April 2024 and is currently estimated at $363,786, approximately $303 per square foot. This property was built in 1951. 5022 Palermo Ave SE is a home located in Thurston County with nearby schools including Michael T. Simmons Elementary School, Tumwater Middle School, and A.G. West Black Hills High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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