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982 Palermo Ave; Memphis, TN Property Details

982 Palermo Ave, Memphis, TN is a Single Family that was built in 1950. This property is not for sale. Our records show that 982 Palermo Ave has 2 bedrooms, and 1 bathroom, and a total of 925 square feet. The lot size of 982 Palermo Ave is 14,488 square feet.

Off market
982 Palermo Ave Memphis, TN 38106
$10,150 Estimated Value
2 Beds
1 Baths
925 SqFt
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1950
  • Open Loans / Balance: 1 / $3,652
  • Est. Equity / %: $95,348 / 96.31%
  • Gross Yield: 12.424%
  • APN: 03-4070-0-0030
  • Situs County: Shelby

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

  • Stories: 1
  • Exterior Wall Type: Composition/Composite
  • Building Condition: Fair
  • Building Quality: C
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 925/SqFt
  • Lot: 14,488/SqFt
  • Gross: 925/SqFt
  • Living: 925/SqFt
  • Building: 925/SqFt
  • Ground: 925/SqFt

Legal Description

  • Description: ES NORFOLK COR PALERMO (NE)
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Shelby County School District
  • Lat / Lon: 35.096107 / -90.03025
  • Subdivision: Heranado Terrace
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 6509
  • Bathroom Fixtures: 3
  • Cooling: Other
  • Heating: Yes

Ownership Info

982 Palermo Ave has no associated ownership info
982 Palermo Ave has no associated ownership info.

Taxes

982 Palermo Ave has 10 associated Taxes items

982 Palermo Ave, Memphis, TN pays taxes in Shelby County, TN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $10,150. The APN we've located for 982 Palermo Ave is 03-4070-0-0030.

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Taxes
  • Assessed Value:  $10,150
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  03-4070-0-0030
  • Assessed Land Value:  2000
  • Market Land Value:  8000
  • Tax Amount:  273.04
  • Tax Year:  2025
  • Market Value:  40600
  • Market Year:  2025

Tax History

982 Palermo Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $10,150 Land Value $2,000 Improvement Value $8,150 Tax Amount $273.04 Change Rate Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $6,025 Land Value $1,000 Improvement Value $5,025 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $6,025 Land Value $1,000 Improvement Value $5,025 Tax Amount $367.02 Change Rate Assessed CR Tax Rate +0.060916%
Year 2022 Assessed Value $6,025 Land Value $1,000 Improvement Value $5,025 Tax Amount $367.02 Change Rate -0.01158% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $6,025 Land Value $1,000 Improvement Value $5,025 Tax Amount $371.32 Change Rate +0.067594% Assessed CR Tax Rate +0.06163%
Year 2020 Assessed Value $4,800 Land Value $1,000 Improvement Value $3,800 Tax Amount $347.81 Change Rate +1.267192% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $4,800 Land Value $1,000 Improvement Value $3,800 Tax Amount $153.41 Change Rate Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $4,800 Land Value $1,000 Improvement Value $3,800 Tax Amount $153.41 Change Rate -0.022991% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $4,800 Land Value $1,000 Improvement Value $3,800 Tax Amount $157.02 Change Rate -0.076407% Assessed CR Tax Rate +0.032713%
Year 2016 Assessed Value $5,000 Land Value Improvement Value Tax Amount $170.01 Change Rate -0.221922% Assessed CR Tax Rate +0.034002%
Year 2014 Assessed Value $5,000 Land Value Improvement Value Tax Amount $218.5 Change Rate -0.010551% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $220.83 Change Rate Assessed CR Tax Rate