1242 Salem St Memphis, TN 38122
Berclair NeighborhoodEstimated Value: $100,916 - $138,000
3
Beds
1
Bath
1,050
Sq Ft
$112/Sq Ft
Est. Value
About This Home
This home is located at 1242 Salem St, Memphis, TN 38122 and is currently estimated at $117,479, approximately $111 per square foot. 1242 Salem 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
Feb 25, 2002
Sold by
Duncan Ronald S and Weir Helen R
Bought by
Ponce Quirino
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
$44,000
Outstanding Balance
$18,121
Interest Rate
6.86%
Estimated Equity
$99,358
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ponce Quirino | $55,000 | Equity Title & Escrow Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ponce Quirino | $44,000 | |
| Closed | Ponce Quirino | $11,000 |
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 | $311 | $20,425 | $3,750 | $16,675 |
| 2024 | $311 | $9,175 | $1,575 | $7,600 |
| 2023 | $559 | $9,175 | $1,575 | $7,600 |
| 2022 | $559 | $9,175 | $1,575 | $7,600 |
| 2021 | $565 | $9,175 | $1,575 | $7,600 |
| 2020 | $572 | $7,900 | $1,375 | $6,525 |
| 2019 | $572 | $7,900 | $1,375 | $6,525 |
| 2018 | $572 | $7,900 | $1,375 | $6,525 |
| 2017 | $325 | $7,900 | $1,375 | $6,525 |
| 2016 | $383 | $8,775 | $0 | $0 |
| 2014 | $383 | $8,775 | $0 | $0 |
Source: Public Records
Map
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