5111 Palermo Drive Southwest

5111 Palermo Drive Southwest has been categorized by the local assessors in Olympia, WA as a residential type of property. The building on the property was first built in 1981 and is 43 years old. However, we must point out that the home was most recently renovated and altered in 1992. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5111 Palermo Drive Southwest has 1,538 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 49,223 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bi-level style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 210 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a covered porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of wood. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing baseboard heaters and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. The property was last sold in Mar 6, 2023 for $517,978. That's $296.33 per sqft. Prior to that sales transaction, the property was also sold in Oct 18, 2016 for $280,579. 5111 Palermo Drive Southwest was last assessed in 2022. The total value of the property was assessed at $387,100. Specifically, the land the property is located on was valued at $127,300. While improvements on the property were assessed at a total of $259,800. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $3,834. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.