1120 Salem St Memphis, TN 38122
Berclair NeighborhoodEstimated Value: $95,000 - $149,982
2
Beds
1
Bath
1,293
Sq Ft
$89/Sq Ft
Est. Value
About This Home
This home is located at 1120 Salem St, Memphis, TN 38122 and is currently estimated at $114,996, approximately $88 per square foot. 1120 Salem St is a home located in Shelby County with nearby schools including Grahamwood Elementary School, Kingsbury High School, and Treadwell Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 23, 2024
Sold by
Innovative Real Estate Investments Llc
Bought by
Trajectory Properties Llc
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
$95,000
Interest Rate
6.84%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 21, 2022
Sold by
Nitiforo Korbie
Bought by
Innovative Real Estate Inv Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,900
Interest Rate
5.78%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 23, 2008
Sold by
The Feol Hinricher Companies Llc
Bought by
Nitiforo Korbie
Purchase Details
Closed on
Jan 6, 2005
Sold by
Summerville Dorothy M and Russell Dorothy M
Bought by
Clark Brenda
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Trajectory Properties Llc | $90,000 | Haven Title | |
| Trajectory Properties Llc | $90,000 | Haven Title | |
| Innovative Real Estate Inv Llc | -- | Haven Title | |
| Nitiforo Korbie | $46,000 | None Available | |
| The Feol Hinricher Companies | $42,500 | None Available | |
| Clark Brenda | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Trajectory Properties Llc | $81,200 | |
| Closed | Trajectory Properties Llc | $95,000 | |
| Previous Owner | Innovative Real Estate Inv Llc | $165,900 | |
| Previous Owner | Russell Dorothy S | $50,000 |
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 | $553 | $27,125 | $3,375 | $23,750 |
| 2024 | $553 | $16,300 | $1,625 | $14,675 |
| 2023 | $993 | $16,300 | $1,625 | $14,675 |
| 2022 | $993 | $16,300 | $1,625 | $14,675 |
| 2021 | $1,180 | $16,300 | $1,625 | $14,675 |
| 2020 | $786 | $10,850 | $1,625 | $9,225 |
| 2019 | $347 | $10,850 | $1,625 | $9,225 |
| 2018 | $347 | $10,850 | $1,625 | $9,225 |
| 2017 | $355 | $10,850 | $1,625 | $9,225 |
| 2016 | $465 | $10,650 | $0 | $0 |
| 2014 | $465 | $10,650 | $0 | $0 |
Source: Public Records
Map
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