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1588 Palermo Ave

Richland, WA 99352

4 bd 2 ba 1,641 sqft Built 2022 Lot 9,342 sqft single_family
Most recent sale
$494,470
Jul 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 18, 2024 Listed for rent $2,595 AppfolioUnits
Mar 30, 2023 Listed for rent $2,795 Zumper
Aug 5, 2022 Price changed for rent $2,795 AppfolioUnits
Jul 30, 2022 Listed for rent $2,995 AppfolioUnits
Jul 26, 2022 Sold $494,470 MLS #260262
Mar 31, 2022 Price changed $492,470 MLS #260262
Mar 29, 2022 Listed $491,360 MLS #260262

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $386,170 $85,000 $471,170 $4,280
2025 $386,170 $85,000 $471,170 $4,387
2024 $385,520 $85,000 $470,520 $4,403
2023 $85,000 $85,000 $858

Property facts

Year built
2022
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,641 sqft
Lot size
9,342 sqft
ZIP code
99352
City
Richland
Street
Palermo Ave
Coordinates
46.23340, -119.28210

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
$3,774
Gross rental yield
9.16%
Implied cap rate
5.95%
Trend-extrapolated value

Frequently asked questions

When did 1588 Palermo Ave last sell?
1588 Palermo Ave most recently sold on Jul 26, 2022 for $494,470.
What is the current tax assessment for 1588 Palermo Ave?
The most recent total assessment for 1588 Palermo Ave (year 2026) is $471,170 with $4,280 in property tax.
How does 1588 Palermo Ave's assessment compare to its last sale price?
The current assessment is 4.7% below the last sale price of $494,470.
When was 1588 Palermo Ave built?
1588 Palermo Ave was built in 2022.
How does 1588 Palermo Ave compare to others on Palermo Ave?
We track 8 other properties on Palermo Ave. Browse the list under "Other properties on Palermo Ave" to compare beds, baths, and sale history.
What are the property facts for 1588 Palermo Ave?
1588 Palermo Ave is a 4 bed, 2 bath, 1,641 sqft, 9,342 sqft lot single_family.
Is 1588 Palermo Ave a flip candidate?
No — 1588 Palermo Ave does not appear in our flips dataset.
Is 1588 Palermo Ave a tax-appeal candidate?
No — 1588 Palermo Ave 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
-1.7%
Implied 1-yr
-6.6%
2026 Q3
$519.6K
2026 Q4
$509.9K
ZIP 99352 — Median Price History + Forecast

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