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Pending
  • Price cut: $1K (8/24)
    $143,900

    1036 Palermo Ave, Memphis, TN 38106

    3beds
    1,324sqft
    : 
    $1,001/mo
    Get pre-qualified
    Single Family Residence
    Built in 1924
    6,969 Square Feet Lot
    $141,300 Zestimate®
    $109/sqft
    $-- HOA

    What's special

    New roofNew hvacNew electricalNew plumbingNewly updatedNew flooringClean modern finishes
    Fully renovated and move-in ready, newly updated, offering a fresh start with extensive updates throughout. Buyers will appreciate the clean, modern finishes and the feeling of essentially “like-new” living inside an established setting. With nearly everything updated inside and outside, this property offers the rare opportunity to own a dramatically improved home without the wait or uncertainty of a renovation project. A must-see for buyers seeking style, substance, and a true turnkey opportunity. New roof, new flooring, new HVAC will be install prior to inspection, new electrical, new plumbing, etc..
    32 days
    269
    33

    Zillow last checked:

    Listing updated:

    Listed by:

    Elizabeth Castillo,

    BEST Real Estate Company 901-407-2177,

    Henry F Valle-Castillo,

    BHHS Taliesyn Realty

    Source: MAAR,MLS#: 10227366MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Dimensions: 0 x 0
      Dining room
      • Dimensions: 0 x 0
      Living room
      • Features: Separate Living Room
      • Dimensions: 0 x 0
      Den
      • Dimensions: 0 x 0
      Heating
      • Central
      Cooling
      • Central Air
      Features
      • All Bedrooms Down, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
      • Flooring: Hardwood, Vinyl
      • Has fireplace: No
      Interior area
      • Total interior livable area: 1,324 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Driveway/Pad
      • Covered spaces: 1
      • Has uncovered spaces: Yes
      Features
      • Stories: 1
      • Patio & porch: Patio
      • Pool features: None
      Lot
      • Size: 6,969 Square Feet
      • Dimensions: 50 x 140
      • Features: Level
      Details
      • Parcel number: 034069 00030

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Brick Veneer
      Condition
      • New construction: No
      • Year built: 1924

      Community & HOA

      Community
      • Subdivision: Hernando Terrace Blk C
      Location
      • Region: Memphis

      Financial & listing details

      • Price per square foot: $109/sqft
      • Tax assessed value: $80,100
      • Annual tax amount: $1,056
      • Price range: $143.9K - $143.9K
      • Date on market: 7/31/2026
      • Cumulative days on market: 166 days

        Estimated market value

        $141,300

        $134,000 - $148,000

        $1,253/mo

        Price history

        DateEventPrice
        8/31/2026Pending sale$143,900$109/sqft
        Source: MAAR #10227366 Report a problem
        8/24/2026Price change$143,900-0.7%$109/sqft
        Source: MAAR #10227366 Report a problem
        7/31/2026Listed for sale$144,900-9.4%$109/sqft
        Source: MAAR #10227366 Report a problem
        7/24/2026Listing removed$160,000$121/sqft
        Source: BHHS broker feed #10222743 Report a problem
        5/29/2026Listed for sale$160,000+0.9%$121/sqft
        Source: MAAR #10222743 Report a problem
        5/22/2026Listing removed$158,500$120/sqft
        Source: MAAR #10217111 Report a problem
        4/30/2026Price change$158,500-0.3%$120/sqft
        Source: MAAR #10217111 Report a problem
        4/13/2026Price change$159,000-1.8%$120/sqft
        Source: MAAR #10217111 Report a problem
        3/19/2026Listed for sale$161,900+194.4%$122/sqft
        Source: MAAR #10217111 Report a problem
        5/20/2025Sold$55,000-5.2%$42/sqft
        Source: MAAR #10176914 Report a problem
        5/2/2025Price change$58,000-0.3%$44/sqft
        Source: MAAR #10176914 Report a problem
        4/15/2025Price change$58,200-0.3%$44/sqft
        Source: MAAR #10176914 Report a problem
        4/2/2025Price change$58,400+0.7%$44/sqft
        Source: MAAR #10176914 Report a problem
        3/1/2025Price change$58,000-0.9%$44/sqft
        Source: MAAR #10176914 Report a problem
        1/24/2025Price change$58,500-2.5%$44/sqft
        Source: MAAR #10176914 Report a problem
        1/3/2025Price change$60,000-0.8%$45/sqft
        Source: MAAR #10176914 Report a problem
        12/7/2024Price change$60,500-3.2%$46/sqft
        Source: MAAR #10176914 Report a problem
        11/29/2024Price change$62,500-1.6%$47/sqft
        Source: MAAR #10176914 Report a problem
        11/25/2024Price change$63,500-4.5%$48/sqft
        Source: MAAR #10176914 Report a problem
        11/20/2024Price change$66,500-0.7%$50/sqft
        Source: MAAR #10176914 Report a problem
        9/14/2024Price change$67,000-0.7%$51/sqft
        Source: MAAR #10176914 Report a problem
        9/7/2024Price change$67,500-0.7%$51/sqft
        Source: MAAR #10176914 Report a problem
        8/23/2024Price change$68,000-1.4%$51/sqft
        Source: MAAR #10176914 Report a problem
        8/20/2024Price change$69,000-3.5%$52/sqft
        Source: MAAR #10176914 Report a problem
        7/27/2024Price change$71,500+30%$54/sqft
        Source: MAAR #10176914 Report a problem
        9/23/2021Sold$55,000+22.2%$42/sqft
        Source: Public Record Report a problem
        6/17/2021Sold$45,000+73.1%$34/sqft
        Source: MAAR #10098440 Report a problem
        1/3/2006Sold$26,000$20/sqft
        Source: Public Record Report a problem
        8/9/2005Sold$26,000-35%$20/sqft
        Source: Public Record Report a problem
        5/19/1995Sold$40,000$30/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,055 +11.3%$20,025 +39.1%
        2024$948 +8.1%$14,400
        2023$877 $14,400
        2022-- $14,400
        2021-- $14,400 +29.7%
        2020$355 $11,100
        2019$355 -21.1%$11,100
        2018$450 -45.1%$11,100
        2017$819 +107.3%$11,100 -4.5%
        2016$395 -11.1%$11,625
        2014$445 $11,625
        2013-- $11,625 -16.7%
        2012-- $13,950
        2011-- $13,950
        2010-- $13,950
        2009-- $13,950 +7.9%
        2008-- $12,925
        2007-- $12,925
        2006-- $12,925
        2005-- $12,925 +15.9%
        2004-- $11,150
        2003-- $11,150
        2002-- $11,150
        2001-- $11,150 +10.7%
        2000-- $10,075
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Downtown

        Getting around

        13 / 100
        Car-Dependent
        27 / 100
        Some Transit
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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