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Single Family ResidenceResidential
$409,191$365 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 95How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026

5002 PALERMO ROSA LN SW

OLYMPIA, WA 98512
2
Beds
2 / 1
Baths
1,120 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
4.99 ac
Lot SizeThe size of the land the home sits on, from county records.
1988
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$409K
$391K low$428K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$13 (2026)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$489,200 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$220,300
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$268,900
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$452,500
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$489,200

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.7
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
25
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
11
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Ranch
CountyThurston
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1993
Lot (acres)The size of the land the home sits on, from county records.4.99
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Concrete
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Space
CoolingThe type of cooling or air conditioning in the home.Yes
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 220 ft²Patio · 220 ft²Porch · 84 ft²

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Littlerock Elementary SchoolB-
Elementary · Grades KG–5 · 2.5 mi
M
George Bush Middle SchoolB+
Middle · Grades 6–8 · 3.7 mi
H
Tumwater High SchoolA-
High · Grades 9–12 · 5.0 mi

District: Tumwater School District

Neighborhood · ZIP 98512These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.93
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.108
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.226

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.23%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.6.7%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.33,679
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.225 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$90,265
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$107,298
Average tempThe average temperature here across a full year.51°F
Annual precipHow much rain and melted snow falls here in a typical year.65 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.35%

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

5002 Palermo Rosa Ln Sw measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 85% of homes in Olympia 98512
  • Costs more per square foot than 84% of homes in Thurston County
  • Smaller than 86% of homes in Thurston County
  • Has a bigger lot than 91% of homes in Thurston County

What homes are worth in Olympia 98512

Each bar is how many homes fall in that price range. The marker is this home.

This home
$241K$1M

This home is worth more than 15% of homes in Olympia 98512.

How it measures up in Olympia 98512

The dot is this home. The mark in the middle is the typical home in Olympia 98512.

Estimated value$409,191
CheaperTypical $553,160Pricier

Pricier than 15% of homes nearby

Price per ft²$365
CheaperTypical $298Pricier

Pricier than 82% of homes nearby

Living area1,120 ft²
SmallerTypical 1,792 ft²Bigger

Bigger than 15% of homes nearby

Lot size4.99 ac
SmallerTypical 0.39 acBigger

Bigger than 86% of homes nearby

Year built1988
OlderTypical 1989Newer

Newer than 49% of homes nearby

How 5002 Palermo Rosa Ln Sw ranks against every home in each area.
MeasureThis homeOlympia 98512Thurston County
Estimated valuepricier than$409,19115% of homes18% of homes
Price per ft²pricier than$36582% of homes84% of homes
Living areabigger than1,120 ft²15% of homes14% of homes
Lot sizebigger than4.99 ac86% of homes91% of homes
Year builtnewer than198849% of homes46% of homes

About 5002 Palermo Rosa Ln Sw

How much is 5002 Palermo Rosa Ln Sw, Olympia, WA worth?

The TopHap Estimate for 5002 Palermo Rosa Ln Sw, Olympia, WA is $409,191 as of Jul 14, 2026. The likely range is $390,669 to $427,713. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

How big is 5002 Palermo Rosa Ln Sw, Olympia, WA?

5002 Palermo Rosa Ln Sw, Olympia, WA has 2 bedrooms, 2 bathrooms, 1,120 square feet of living space and a 4.99-acre lot.

When was 5002 Palermo Rosa Ln Sw, Olympia, WA built?

5002 Palermo Rosa Ln Sw, Olympia, WA was built in 1988, making it 38 years old. It is a ranch home. The building has 1 story.

What schools serve 5002 Palermo Rosa Ln Sw, Olympia, WA?

5002 Palermo Rosa Ln Sw, Olympia, WA is assigned to Littlerock Elementary School (elementary), rated B-; George Bush Middle School (middle), rated B+; Tumwater High School (high), rated A-. All sit in Tumwater School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5002 Palermo Rosa Ln Sw, Olympia, WA compare to other homes in Olympia 98512?

Among the 11,202 homes in Olympia 98512, it is worth more than 15% of them ($409,191 against a typical $553,160), its price per square foot is higher than 82% of them ($365 against a typical $298), it is bigger than 15% of them (1,120 ft² against a typical 1,792 ft²), its lot is bigger than 86% of them (4.99 ac against a typical 0.39 ac) and it is newer than 49% of them (1988 against a typical 1989). Measured against all of Thurston County, it is worth more than 18% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 5002 Palermo Rosa Ln Sw, Olympia, WA?

The 2026 property tax bill for 5002 Palermo Rosa Ln Sw, Olympia, WA was $13. The county assessed it at $489,200.

More homes on Palermo Rosa Ln Sw

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Assigned schools

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