NOT LISTED FOR SALE

1051 Palermo Ave Memphis, TN 38106

South Memphis Neighborhood

Estimated Value: $64,000 - $88,000

3 Beds
1 Bath
1,261 Sq Ft
$63/Sq Ft Est. Value

About This Home

This home is located at 1051 Palermo Ave, Memphis, TN 38106 and is currently estimated at $79,972, approximately $63 per square foot. 1051 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
Sep 29, 2006
Sold by
King Queen E
Bought by
Mcnary Evelyn O
Current Estimated Value
$79,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,872
Outstanding Balance
$36,900
Interest Rate
6.45%
Mortgage Type
FHA
Estimated Equity
$43,072

Purchase Details

Closed on
Aug 30, 2006
Sold by
King Albert L
Bought by
King Albert L and King Queen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,872
Outstanding Balance
$36,900
Interest Rate
6.45%
Mortgage Type
FHA
Estimated Equity
$43,072

Purchase Details

Closed on
Aug 8, 2005
Sold by
Lipford Eunice
Bought by
King Albert L

Purchase Details

Closed on
Aug 5, 2005
Sold by
Flagstar Bank Fsb
Bought by
Lipford Eunice

Purchase Details

Closed on
Feb 10, 2005
Sold by
Miller Jasper
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Jun 4, 2004
Sold by
Miller Nelson Investment Corp
Bought by
Miller Jasper

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 2003
Sold by
Finley Mose and Finley Beaulah M
Bought by
Hud

Purchase Details

Closed on
Nov 30, 1995
Bought by
Scheeper John C and Scheeper Roberta
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mcnary Evelyn O $63,000 None Available
King Albert L -- None Available
King Albert L $23,000 Southern Trust Title Company
Lipford Eunice $23,000 Southern Trust Title Company
Flagstar Bank Fsb $23,000 Southern Trust Title Company
Mortgage Electronic Registration Systems $59,200 --
Miller Jasper $54,000 Chicago Title Insurance Co
Hud $36,300 --
Scheeper John C $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcnary Evelyn O $61,872
Previous Owner Miller Jasper $54,000
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 $386 $17,000 $2,000 $15,000
2024 $386 $11,400 $1,000 $10,400
2023 $694 $11,400 $1,000 $10,400
2022 $694 $11,400 $1,000 $10,400
2021 $703 $11,400 $1,000 $10,400
2020 $641 $8,850 $1,000 $7,850
2019 $641 $8,850 $1,000 $7,850
2018 $641 $8,850 $1,000 $7,850
2017 $364 $8,850 $1,000 $7,850
2016 $405 $9,275 $0 $0
2014 $405 $9,275 $0 $0
Source: Public Records

Map

Tennessee Shelby County Memphis 38106 South Memphis

1051 Palermo Ave, Memphis, TN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes