Sold for $45,000

Street View

$45,000

1025 Palermo Ave, Memphis, TN 38106

2beds

1baths

820sqft

SingleFamily

Built in 1941

6,969 Square Feet Lot

$44,700 Zestimate^®

$55/sqft

$887 Estimated rent

Home value

$44,700

$42,000 - $48,000

$887/mo

Zestimate^® history

Owner options

List your home for rent

$887/mo

Rent Zestimate^®

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$887/mo

Rent Zestimate^®

Refinance and save

$226/mo

Est. payment

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$226/mo

Est. payment

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What's special

1025 Palermo Ave, Memphis, TN 38106 is a single family home that contains 820 sq ft and was built in 1941. It contains 2 bedrooms and 1 bathroom. This home last sold for $45,000 in May 2025. The Zestimate for this house is $44,700. The Rent Zestimate for this home is $887/mo.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1

Heating

Other

Features

Basement: Partially finished
Has fireplace: Yes

Interior area

Total interior livable area: 820 sqft

Property

Parking

Parking features: Garage - Detached

Features

Exterior features: Other

Lot

Size: 6,969 Square Feet

Details

Parcel number: 03406800009

Construction

Type & style

Home type: SingleFamily

Materials

Other
Foundation: Crawl/Raised
Roof: Composition

Condition

Year built: 1941

Community & HOA

Location

Region: Memphis

Financial & listing details

Price per square foot: $55/sqft
Tax assessed value: $50,400
Annual tax amount: $664

Price history

Date	Event	Price
5/8/2025	Sold	$45,000+529.4%$55/sqft
Source: Public Record Report a problem
10/19/2004	Sold	$7,150-82.6%$9/sqft
Source: Public Record Report a problem
3/8/2004	Sold	$41,000-19.6%$50/sqft
Source: Public Record Report a problem
2/10/2003	Sold	$51,000+1.3%$62/sqft
Source: Public Record Report a problem
1/3/2002	Sold	$50,330+4.9%$61/sqft
Source: Public Record Report a problem
4/10/2001	Sold	$48,000+81.1%$59/sqft
Source: Public Record Report a problem
12/20/2000	Sold	$26,500-9.2%$32/sqft
Source: Public Record Report a problem
8/8/2000	Sold	$29,183$36/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$664 +15.3%	$12,600 +44%
2024	$576 +8.1%	$8,750
2023	$533	$8,750
2022	--	$8,750
2021	--	$8,750 +26.8%
2020	$221	$6,900
2019	$221 -21.1%	$6,900
2018	$279 -45.1%	$6,900
2017	$509 +111%	$6,900 -2.8%
2016	$241 -10.9%	$7,100
2014	$271	$7,100
2013	--	$7,100 -16.5%
2012	--	$8,500
2011	--	$8,500
2010	--	$8,500
2009	--	$8,500
2008	--	$8,500
2007	--	$8,500
2006	--	$8,500
2005	--	$8,500 +4.3%
2004	--	$8,150
2003	--	$8,150
2002	--	$8,150
2001	--	$8,150 -2.1%
2000	--	$8,325