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5516 Palermo Trl

Oak Ridge, NC 27310

4 bd 5 ba 3,450 sqft Built 2021 Lot 40,511 sqft single_family
Most recent sale
$672,000
Dec 30, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 30, 2021 Sold $672,000 MLS #1037271
Aug 5, 2021 Listed $672,900 MLS #1037271

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $618,400 $100,000 $718,400 $6,639
2024 $618,400 $100,000 $718,400 $6,215
2023 $566,000 $100,000 $666,000 $5,990
2022 $566,000 $100,000 $666,000 $6,048

Property facts

Year built
2021
Property type
single_family
Stories
2
Beds
4
Baths
5
Living area
3,450 sqft
Lot size
40,511 sqft
ZIP code
27310
City
Oak Ridge
Street
Palermo Trl
Coordinates
36.15126, -80.00915

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,658
Gross rental yield
8.32%
Implied cap rate
5.41%
Trend-extrapolated value

Frequently asked questions

When did 5516 Palermo Trl last sell?
5516 Palermo Trl most recently sold on Dec 30, 2021 for $672,000.
What is the current tax assessment for 5516 Palermo Trl?
The most recent total assessment for 5516 Palermo Trl (year 2025) is $718,400 with $6,639 in property tax.
How does 5516 Palermo Trl's assessment compare to its last sale price?
The current assessment is 6.9% above the last sale price of $672,000.
When was 5516 Palermo Trl built?
5516 Palermo Trl was built in 2021.
How does 5516 Palermo Trl compare to others on Palermo Trl?
We track 8 other properties on Palermo Trl. Browse the list under "Other properties on Palermo Trl" to compare beds, baths, and sale history.
What are the property facts for 5516 Palermo Trl?
5516 Palermo Trl is a 4 bed, 5 bath, 3,450 sqft, 40,511 sqft lot single_family.
Is 5516 Palermo Trl a flip candidate?
No — 5516 Palermo Trl does not appear in our flips dataset.
Is 5516 Palermo Trl a tax-appeal candidate?
No — 5516 Palermo Trl is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.4%
Implied 1-yr
-9.5%
2026 Q3
$634.7K
2026 Q4
$634.7K
ZIP 27310 — Median Price History + Forecast

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