NOT LISTED FOR SALE

1041 Palermo Ave Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $67,000 - $113,000

4 Beds
2 Baths
1,452 Sq Ft
$60/Sq Ft Est. Value

About This Home

This home is located at 1041 Palermo Ave, Memphis, TN 38106 and is currently estimated at $87,012, approximately $59 per square foot. 1041 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
Apr 17, 2020
Sold by
Williams Sharhonda
Bought by
Smith Jeffrey Michael and Smith Jill Denise
Current Estimated Value
$87,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,600
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 1, 2018
Sold by
Powell Kenneth and Powell Gergia M
Bought by
Williams Sharhonda R

Purchase Details

Closed on
Apr 24, 2017
Sold by
Powell Georgia M
Bought by
Powell Kernert and Powell Georgia M
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
Smith Jeffrey Michael $47,000 Saddle Creek Title Llc
Williams Sharhonda R -- None Available
Powell Kernert -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Jeffrey Michael $37,600
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 -- $21,900 $2,000 $19,900
2024 -- $11,700 $1,000 $10,700
2023 $713 $11,700 $1,000 $10,700
2022 $713 $11,700 $1,000 $10,700
2021 $847 $11,700 $1,000 $10,700
2020 $656 $9,050 $1,000 $8,050
2019 $289 $9,050 $1,000 $8,050
2018 $289 $9,050 $1,000 $8,050
2017 $296 $9,050 $1,000 $8,050
2016 $411 $9,400 $0 $0
2014 $411 $9,400 $0 $0
Source: Public Records

Map

Tennessee Shelby County Memphis 38106 South Memphis

1041 Palermo Ave, Memphis, TN

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