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Sold Closed April 30, 2024
$309,500
2 Bedrooms
1 Bathroom
1,200 Sqft House
Built 1951
8,500 Sqft Lot
5-Car Garage
5022 Palermo Ave SE Tumwater WA 98501
SALE HISTORY
List price was $249,999
It took 5 days to go pending.
Then 8 days to close at $309,500
Closed at $258/SQFT.
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.
Offer Review Date
This listing's offer review date was Tuesday, April 23, 2024.
NWMLS Listing #
2225983
Listed by
Stephanie R. Herrmann, Better Properties Soundview
Buyer's broker
Kathy Holt, John L. Scott, Inc.
We don't currently have a buyer representative in this area. To be sure that you're getting objective advice, we always suggest buyers work with their own agent, someone who is not affiliated with the seller.
Bedroom & Bathroom Layout
MAIN
BDRM
BDRM
FULL
BTH
Property History
May 01, 2024
Sold
$309,500
NWMLS #2225983
Apr 23, 2024
Went Pending
$249,999
NWMLS #2225983
Apr 19, 2024
Listed
$249,999
NWMLS #2225983
More
Listing Details
  • Sale Price
    $309,500
  • Closing Date
    April 30, 2024
  • Last List Price
    $249,999
  • Original Price
    Same
  • List Date
    April 19, 2024
  • Pending Date
    April 23, 2024
  • Days to go Pending
    5 days
  • $/sqft (Total)
    $258/sqft
  • $/sqft (Finished)
    $258/sqft
  • Listing Source
    NWMLS
  • MLS Number
    2225983
  • Listing Broker
    Stephanie R. Herrmann
  • Listing Office
    Better Properties Soundview
  • Buyer's Broker
    Kathy Holt
  • Buyer Broker's Firm
    John L. Scott, Inc.
Monthly Payment Estimate
  • Principal and Interest
    $1,565 / month
  • Property Taxes
    $249 / month
  • Homeowners Insurance
    $67 / month
  • TOTAL
    $1,881 / month

  • based on 20% down
    ($61,900)
  • and a
    6.5% Interest Rate
House Details
  • Sqft (Total)
    1,200 sqft
  • Sqft (Finished)
    1,200 sqft
  • Sqft (Unfinished)
    None
  • Property Type
    House
  • Sub Type
    1 Story
  • Bedrooms
    2 Bedrooms
  • Bathrooms
    1 Bathroom
  • Lot
    8,500 sqft Lot
  • Lot Size Source
    Public Records
  • Lot #
    Unspecified
  • Project
    Palermo Estates
  • Total Stories
    1 story
  • Basement
    None
  • Sqft Source
    Public Records
Property Tax Info
  • 2024 Property Taxes
    $2,987 / year
  • No Senior Exemption
Public Parcel Data & Maps
Schools
  • School District
    Tumwater
  • Elementary
    Buyer To Verify
  • Middle
    Buyer To Verify
  • High School
    Buyer To Verify
HOA
  • HOA Dues
    Unspecified
  • Fees Assessed
    Unspecified
  • HOA Dues Include
    Unspecified
  • HOA Contact
    Unspecified
  • Management Contact
    Unspecified
Parking
  • Covered
    5-Car
  • Types
    RV Parking
    Detached Carport
    Attached Garage
    Detached Garage
  • Has Garage
    Yes
  • Nbr of Assigned Spaces
    5
Construction
  • Year Built
    1951
  • Home Builder
    Unspecified
Cooling
  • Includes
    None
Heating
  • Includes
    Forced Air
Interior
  • Flooring
    Concrete
    Hardwood
    Vinyl
  • Features
    Concrete
    Hardwood
    Fireplace
    Water Heater
Property
  • Lot Features
    Corner Lot
    Paved
  • Site Features
    Fenced-Partially
    Gas Available
    RV Parking
    Shop
Appliances
  • Included
    Disposal
    Refrigerator(s)
    Stove(s)/Range(s)
Terms
  • Bank Owned (REO)
    No
Utilities
  • Energy
    Electric
    Natural Gas
    Wood
  • Sewer
    Sewer Connected
  • Water Source
    Public
Additional Info
  • Waterfront
    No
  • Air Conditioning (A/C)
    No
  • Buyer Broker's Compensation
    2.5%
  • MLS Area #
    Area 443
  • Number of Photos
    35
  • Last Modification Time
    Wednesday, May 1, 2024 1:43 PM
  • System Listing ID
    5311280
Update Info
  • Closed
    2024-05-01 07:00:24
  • Pending Or Ctg
    2024-04-24 11:25:12
  • First For Sale
    2024-04-19 11:20:12
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Sold April 30, 2024
$309,500   $249,999
2 Beds   1 Bath   1,200 SQFT  
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Listing information is provided by the listing agent except as follows: BuilderB indicates that our system has grouped this listing under a home builder name that doesn't match the name provided by the listing broker. DevelopmentD indicates that our system has grouped this listing under a development name that doesn't match the name provided by the listing broker.
Neither Wicklund Real Estate nor any officer, agent, or employee of Wicklund Real Estate warrants the accuracy, reliability, or timeliness of any information on this website and shall not be liable for any losses caused by such reliance on the accuracy, reliability, or timeliness of such information. Any person or entity that relies on information obtained from this website does so at his or her own risk. The information contained in each listing has not been verified by Wicklund Real Estate. NWMLS listing data (indicated by the three trees icon) is provided (but not compiled) courtesy of the NWMLS.