NOT LISTED FOR SALE

1240 Homer St Memphis, TN 38122

Berclair Neighborhood

Estimated Value: $71,000 - $78,000

3 Beds
1 Bath
850 Sq Ft
$88/Sq Ft Est. Value

About This Home

This home is located at 1240 Homer St, Memphis, TN 38122 and is currently estimated at $75,037, approximately $88 per square foot. 1240 Homer St is a home located in Shelby County with nearby schools including Kingsbury Elementary School, Kingsbury Middle School, and Kingsbury High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2021
Sold by
Ferrell Tim K
Bought by
Ferrell Tim K and Ferrell Janet M
Current Estimated Value
$75,037

Purchase Details

Closed on
Nov 12, 2001
Sold by
Austin Kerry
Bought by
Ferrell Tim K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,009
Outstanding Balance
$18,584
Interest Rate
6.59%
Mortgage Type
FHA
Estimated Equity
$56,453
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
Ferrell Tim K -- None Available
Ferrell Tim K $48,900 Equity Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrell Tim K $48,009
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 $310 $14,575 $2,975 $11,600
2024 $310 $9,150 $1,925 $7,225
2023 $557 $9,150 $1,925 $7,225
2022 $557 $9,150 $1,925 $7,225
2021 $564 $9,150 $1,925 $7,225
2020 $589 $8,125 $1,625 $6,500
2019 $589 $8,125 $1,625 $6,500
2018 $589 $8,125 $1,625 $6,500
2017 $334 $8,125 $1,625 $6,500
2016 $319 $7,300 $0 $0
2014 $319 $7,300 $0 $0
Source: Public Records

Map

Tennessee Shelby County Memphis 38122 Berclair

1240 Homer St, Memphis, TN

This home is located at 1240 Homer St, Memphis, TN 38122 and is currently estimated at $75,037, approximately $88 per square foot. 1240 Homer St is a home located in Shelby County with nearby schools including Kingsbury Elementary School, Kingsbury Middle School, and Kingsbury High School.

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