NOT LISTED FOR SALE

1080 Palmetto Ave Memphis, TN 38107

North Memphis Neighborhood

Estimated Value: $69,000 - $105,000

1 Bed
1 Bath
1,118 Sq Ft
$81/Sq Ft Est. Value

Last Sold April 01, 2022

Last sale price $130,000 $116 Per Sq Ft

Est. 30% decrease in value since last sale

Current estimated payment $511/month

Highlights

  • Traditional Architecture
  • Great Room
  • Storm Doors
  • 2 Fireplaces
  • Central Heating and Cooling System
  • Vinyl Flooring

About This Home

As of April 2022

Newly Renovated Duplex! NEW roof, paint & flooring throughout, windows, renovated kitchen & bathrooms, etc. Investor Friendly Buy! The duplex is currently vacant; buyers will be able to place tenants of their choice. Target Rent $750/per side.

Last Agent to Sell the Property

Raven Henderson

KAIZEN Realty, LLC License #348549 Listed on: 03/11/2022

KAIZEN Realty, LLC

Last Buyer's Agent

Raven Henderson

KAIZEN Realty, LLC License #348549 Listed on: 03/11/2022

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $211

Year Built

  • Built in 1950

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 65x120
  • Chain Link Fence
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,118 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • 2 Fireplaces
  • Great Room
  • Vinyl Flooring
  • Attic Access Panel
  • Storm Doors
  • Recirculated Exhaust Fan

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Breedlove Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 021033 00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$211

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Duplexes
  • Type: Built as Duplex
  • Style: Traditional
  • Cross Street: Breedlove Street
  • Second Address Number: 1082
  • MLS Map #: 741D
  • MAAR Subdivision Name: BREEDLOVE HEIGHTS
  • Freestanding: Yes
  • List Price Per Sq Ft: 116
  • Number Of Stories: 1
  • Price Per Sq Ft: 116.28
  • Estimated Sq Ft: 1118
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Floors/Ceilings: Vinyl Floor, Sprayed Ceiling
  • Number Of Fireplaces: 2
  • Appliances Equipment: Exhaust Fan/Vent Hood
  • Estimated Entire Duplex Sq Ft: 1000-1199
  • Miscellaneous Interior: Attic Access

Exterior Features

  • Exterior Windows: Storm Door(s)
  • Roof: Composition Shingles

Garage/Parking

  • Parking: Driveway/Pad

Utilities

  • Cooling: Central Cooling
  • Heating: Central
  • Hot Water: Electric

Lot Info

  • Lot Description: Chain Fenced, Some Trees
  • Lot Number: 18
  • Acreage: 0.2
  • Lot Size: 65X120
  • Price Per Acre: 650000

Tax Info

  • Assessor Parcel Number: 021033 00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2021
Sold by
Holmes Terrence
Bought by
Nesby Yaveda and Nesby Michale
Current Estimated Value
$90,501

Purchase Details

Closed on
Nov 4, 2015
Sold by
Holmes Gary
Bought by
Holmes Terrenes

Purchase Details

Closed on
Jun 16, 2014
Sold by
Hughes Stacey
Bought by
Holmes Gary

Purchase Details

Closed on
Sep 26, 2012
Sold by
Hughes Stacey
Bought by
Holmes Gary

Purchase Details

Closed on
Nov 30, 2004
Sold by
Ragland Landis
Bought by
Hughes Stacey F
Source: Public Records

Range of Values:

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Average Value
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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
Nesby Yaveda $25,000 Erickson Title & Closing Llc
Holmes Terrenes -- None Available
Holmes Gary $3,000 None Available
Holmes Gary -- None Available
Hughes Stacey F $15,000 Edco Title & Closing Service
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zabel Robert David $97,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2022 04/01/22 Sold $130,000 0.0% $116 / Sq Ft
03/11/2022 03/11/22 For Sale $130,000 -- $116 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $211 $34,425 $1,950 $32,475
2024 $211 $6,225 $750 $5,475
2023 $379 $6,225 $750 $5,475
2022 $607 $9,960 $1,200 $8,760
2021 $721 $9,960 $1,200 $8,760
2020 $736 $10,160 $1,200 $8,960
2019 $325 $10,160 $1,200 $8,960
2018 $325 $10,160 $1,200 $8,960
2017 $332 $10,160 $1,200 $8,960
2016 $503 $11,520 $0 $0
2014 $503 $11,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Raven Henderson

    Seller's Agent in 2022

    Raven Henderson

    KAIZEN Realty, LLC

    (901) 605-2218

    5 in this area

    105 Total Sales

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10120612

Memphis Area Association of REALTORS®

APN: 02-1033-0-0004

Tennessee Shelby County Memphis 38107 North Memphis

1080 Palmetto Ave, Memphis, TN

This home is located at 1080 Palmetto Ave, Memphis, TN 38107 since 11 March 2022 and is currently estimated at $90,501, approximately $80 per square foot. This property was built in 1950. 1080 Palmetto Ave is a home located in Shelby County with nearby schools including Manassas High School, Memphis Scholars Caldwell-Guthrie, and Perea Elementary School.

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