1042 Lorraine St Memphis, TN 38122
Berclair NeighborhoodEstimated Value: $100,669 - $129,000
2
Beds
1
Bath
900
Sq Ft
$127/Sq Ft
Est. Value
About This Home
This home is located at 1042 Lorraine St, Memphis, TN 38122 and is currently estimated at $114,167, approximately $126 per square foot. 1042 Lorraine St is a home located in Shelby County with nearby schools including Berclair Elementary School, Kingsbury High School, and Treadwell Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 31, 2007
Sold by
Free Michael B and Zhao Xiu Ping
Bought by
Sartin Rebekah
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,495
Outstanding Balance
$39,628
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$74,539
Purchase Details
Closed on
Jul 19, 2005
Sold by
Free Michael B
Bought by
Free Michael B and Zhao Xiu Ping
Purchase Details
Closed on
Jan 15, 2004
Sold by
Debra Carol Kimbrow Revocable Living Tr
Bought by
Free Michael B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 26, 1998
Sold by
Nesler Debra
Bought by
Kimbrow Debra C and Debra C Kimbrow Revocable Living Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sartin Rebekah | $66,495 | None Available | |
| Free Michael B | -- | -- | |
| Free Michael B | $51,900 | Memphis Title Company | |
| Kimbrow Debra C | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sartin Rebekah | $66,495 | |
| Previous Owner | Free Michael B | $49,000 |
Source: Public Records
Tax History Compared to Growth
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 | $576 | $22,850 | $4,500 | $18,350 |
| 2024 | $576 | $17,000 | $2,150 | $14,850 |
| 2023 | $1,036 | $17,000 | $2,150 | $14,850 |
| 2022 | $1,036 | $17,000 | $2,150 | $14,850 |
| 2021 | $1,048 | $17,000 | $2,150 | $14,850 |
| 2020 | $871 | $12,025 | $2,150 | $9,875 |
| 2019 | $871 | $12,025 | $2,150 | $9,875 |
| 2018 | $871 | $12,025 | $2,150 | $9,875 |
| 2017 | $494 | $12,025 | $2,150 | $9,875 |
| 2016 | $529 | $12,100 | $0 | $0 |
| 2014 | $529 | $12,100 | $0 | $0 |
Source: Public Records
Map
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