NOT LISTED FOR SALE

1016 Palermo Ave Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $25,000 - $117,000

2 Beds
1 Bath
960 Sq Ft
$65/Sq Ft Est. Value

About This Home

This home is located at 1016 Palermo Ave, Memphis, TN 38106 and is currently estimated at $62,516, approximately $65 per square foot. 1016 Palermo Ave is a home located in Shelby County with nearby schools including A. B. Hill Elementary School, Riverview Middle School, and Hamilton High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2025
Sold by
White Ervin W and White Barry
Bought by
Mid South Homebuyers Llc
Current Estimated Value
$62,516
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mid South Homebuyers Llc $25,400 None Listed On Document
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $271 $10,000 $2,000 $8,000
2024 $271 $8,000 $1,000 $7,000
2023 $487 $8,000 $1,000 $7,000
2022 $487 $8,000 $1,000 $7,000
2021 $493 $8,000 $1,000 $7,000
2020 $457 $6,300 $1,000 $5,300
2019 $457 $6,300 $1,000 $5,300
2018 $457 $6,300 $1,000 $5,300
2017 $259 $6,300 $1,000 $5,300
2016 $285 $6,525 $0 $0
2014 $285 $6,525 $0 $0
Source: Public Records

Map

Tennessee Shelby County Memphis 38106 South Memphis

1016 Palermo Ave, Memphis, TN

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