NOT LISTED FOR SALE

1025 Palermo Ave Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $44,000 - $66,827

2 Beds
1 Bath
820 Sq Ft
$67/Sq Ft Est. Value

About This Home

This home is located at 1025 Palermo Ave, Memphis, TN 38106 and is currently estimated at $54,957, approximately $67 per square foot. 1025 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
May 6, 2025
Sold by
Bnp Investments Llc
Bought by
Mccreight Erskine
Current Estimated Value
$54,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Outstanding Balance
$39,050
Interest Rate
6.65%
Mortgage Type
Seller Take Back
Estimated Equity
$15,907

Purchase Details

Closed on
Dec 31, 2024
Sold by
Glosson Family Tcp Trust and Glosson John G
Bought by
Bnp Investments Llc

Purchase Details

Closed on
Dec 30, 2022
Sold by
Glosson John G
Bought by
Glosson Family Tcp Trust

Purchase Details

Closed on
Feb 27, 2020
Sold by
High Pointe Investments Llc
Bought by
Glosson John G and Glosson Elizabeth

Purchase Details

Closed on
Sep 20, 2004
Sold by
Deutsche Bank National Trust Co
Bought by
High Pointe Investments Llc

Purchase Details

Closed on
Feb 26, 2004
Sold by
Humes Keshia
Bought by
Deutsche Bank National Trust Co and Ameriquest Mortgage Securities Inc

Purchase Details

Closed on
Jan 22, 2003
Sold by
Simmons Steven
Bought by
Humes Keshia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,900
Interest Rate
8.55%

Purchase Details

Closed on
Dec 11, 2001
Sold by
White Jerald L
Bought by
Union Planters Bank National Assn

Purchase Details

Closed on
Mar 14, 2001
Sold by
A & A Investments Of Memphis Inc
Bought by
White Jerald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,560
Interest Rate
7.11%

Purchase Details

Closed on
Jul 10, 2000
Sold by
Calvin Eddie L
Bought by
Hud
Source: Public Records

Range of Values:

Collateral Analytics

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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

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Quantarium

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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
Mccreight Erskine $45,000 None Listed On Document
Bnp Investments Llc -- None Listed On Document
Glosson Family Tcp Trust -- --
Glosson John G -- Griffin Clift Everton & Maschm
High Pointe Investments Llc $7,150 Realty Title & Escrow Co Inc
Deutsche Bank National Trust Co $41,000 --
Humes Keshia $51,000 Equity Title & Escrow Co
Union Planters Bank National Assn $50,330 --
White Jerald L $48,000 --
Hud $29,183 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccreight Erskine $40,000
Previous Owner Humes Keshia $45,900
Previous Owner White Jerald L $46,560
Closed Humes Keshia $2,550
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 $297 $12,600 $2,000 $10,600
2024 $297 $8,750 $1,000 $7,750
2023 $533 $8,750 $1,000 $7,750
2022 $533 $8,750 $1,000 $7,750
2021 $634 $8,750 $1,000 $7,750
2020 $500 $6,900 $1,000 $5,900
2019 $221 $6,900 $1,000 $5,900
2018 $221 $6,900 $1,000 $5,900
2017 $226 $6,900 $1,000 $5,900
2016 $310 $7,100 $0 $0
2014 $310 $7,100 $0 $0
Source: Public Records

Map

Tennessee Shelby County Memphis 38106 South Memphis

1025 Palermo Ave, Memphis, TN

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