NOT LISTED FOR SALE

Estimated Value: $138,000 - $144,000

3 Beds
2 Baths
1,364 Sq Ft
$104/Sq Ft Est. Value

About This Home

This home is located at 1060 Salem St, Memphis, TN 38122 and is currently estimated at $141,238, approximately $103 per square foot. 1060 Salem St is a home located in Shelby County with nearby schools including Grahamwood Elementary School, Treadwell Middle School, and Kingsbury High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2019
Sold by
121 Llc
Bought by
Parekh Dev
Current Estimated Value
$141,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,750
Outstanding Balance
$53,675
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$81,580

Purchase Details

Closed on
Apr 22, 2019
Sold by
Neely Vernadette G
Bought by
I2l Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
May 28, 2010
Sold by
Goodell Cynthia L
Bought by
Neeley Vernadette G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,196
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 14, 1997
Sold by
Tibbits Gerald W and Tibbits Angela J
Bought by
Goodell Cynthia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,705
Interest Rate
7.27%
Mortgage Type
FHA
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
Parekh Dev $81,000 Close Trak Closing & Ttl Svc
I2l Llc $47,472 None Available
Neeley Vernadette G $52,900 Southern Trust Title
Goodell Cynthia L $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parekh Dev $60,750
Previous Owner I2l Llc $67,000
Previous Owner Neeley Vernadette G $17,311
Previous Owner Neeley Vernadette G $52,196
Previous Owner Goodell Cynthia L $56,705
Closed Goodell Cynthia L $3,093
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 $644 $32,350 $3,750 $28,600
2024 $644 $19,000 $2,325 $16,675
2023 $1,157 $19,000 $2,325 $16,675
2022 $1,157 $19,000 $2,325 $16,675
2021 $656 $19,000 $2,325 $16,675
2020 $929 $12,825 $2,325 $10,500
2019 $929 $12,825 $2,325 $10,500
2018 $410 $12,825 $2,325 $10,500
2017 $420 $12,825 $2,325 $10,500
2016 $547 $12,525 $0 $0
2014 $547 $12,525 $0 $0
Source: Public Records

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